Mr. Ruben Padilla reports

SABLE ANNOUNCES SHARE CONSOLIDATION

Sable Resources Ltd.'s board of directors has approved a consolidation of its common shares on the basis of one postconsolidation share for every 10 preconsolidation shares, effective Aug. 4, 2026.

The consolidation is subject to approval by the TSX Venture Exchange and follows approval of a consolidation of the shares on the basis of a range of up to 10 preconsolidation shares for every one postconsolidation share at the annual and special meeting of shareholders of the company held on July 14, 2026. As a result of the consolidation, the number of issued and outstanding shares will be reduced from 320,231,563 to approximately 32,023,156, subject to adjustment for rounding. No fractional shares will be issued in connection with the consolidation. If a holder of shares otherwise becoming entitled to a fraction of shares, then the number of postconsolidation shares issuable to such shareholder shall be rounded up to the next higher whole number if the fraction is equal to or greater than one-half and rounded down to the next lower whole number if the fraction is less than one-half.

No cash consideration will be paid in respect of fractional shares. The exercise or conversion price and/or the number of shares issuable under any of the company's outstanding convertible securities will be proportionately adjusted in connection with the consolidation.

The shares will continue to trade on the TSX Venture Exchange under the symbol SAE and on the OTCQB under the symbol SBLRF on a postconsolidation basis, under a new Cusip/ISIN number: 785713884/CA7857138845. The shares are expected to begin trading on a postconsolidation basis on the TSX-V when markets open on or about Tuesday, Aug. 4, 2026.

Registered holders of shares will receive a letter of transmittal from the company's transfer agent, TSX Trust Company, with instructions for exchanging their preconsolidation share certificates and DRS statements for postconsolidation share certificates and DRS statements. Non-registered or beneficial holders of shares holding shares through a broker or other intermediary are advised to contact their intermediary to make an election and arrange for the exchanges of their shares on their behalf.

About Sable Resources Ltd.

Sable is a well-financed junior grassroots explorer focused on the discovery of Tier 1 new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable's focus is on developing its large portfolio of new greenfields projects to resource level. Sable is actively exploring the San Juan regional program (greater than 141,000 hectares), incorporating the Don Julio, El Fierro, Cerro Negro and Zorro projects in San Juan province, Argentina, and the Copper Queen, Copper Prince and Core Mountain properties in British Columbia (21,038 ha).

We seek Safe Harbor.