Received by email:
File: SAE PR 20170525.pdf
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
NEWS RELEASE
Sable Resources Ltd Shares for Debt
Vancouver, British Columbia, May 25, 2017 - Sable Resources Ltd. (NEX SAE.H) (the "Company"
or "Sable") is pleased to announce that it has completed its previously announced transaction with
Cangaroo Capital Corp. and Walter Canadian Coal Partnership (the "Creditors") to settle debts owing
by the Company in the aggregate amount of $285,000 by issuing an aggregate of 1,900,000 common
shares at an issue price of $0.15 per share (the "Loan Settlement"). Mr. Harbort is a principal of one
of the Creditors, and a director of Sable. All common shares issued pursuant to the Loan Settlement
are subject to a statutory hold period expiring on September 25, 2017.
About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kilometers of mineral tenure and
mining leases, including the past producing Baker and Shasta mines, and the 250 ton-per-day Baker
mill and tailings facility. The project is located in north-central British Columbia, Canada and is road
accessible.
For more information:
Tom Obradovich, President & CEO
tobradovich@sympatico.ca
Tel (416) 985-7140
Or visit http://www.sableresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements Certain information set forth in this news release may contain forward-
looking statements that involve substantial known and unknown risks and uncertainties. These forward-
looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control
of Sable. Readers are cautioned that the assumptions used in the preparation of such information, although
considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
© 2024 Canjex Publishing Ltd. All rights reserved.