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File: 20140821 private placement.doc

SAVILLE RESOURCES INC.
Suite 1450 - 789 West Pender Street
Vancouver, B.C. 
V6C 1H2
Phone: 604-681-1568
Fax: 604-681-8240

SAVILLE PROPOSED PRIVATE PLACEMENT
Vancouver, B.C. - August 21, 2014 - The Company reported today that the directors had negotiated a non-brokered privat
--->e placement of up to 15,000,000 units at a price of $0.05 per unit for gross proceeds of up to $750,000.  A unit consi
--->sts of one common share, one-half non-transferable Series A share purchase warrant and one-half non-transferable Serie
--->s B share purchase warrant.  Each whole Series A warrant is exercisable into one further common share at a price of $0
--->.25 per share for a period of five years from closing.  Each whole Series B warrant is exercisable into one further co
--->mmon share at a price of $0.50 per share for a period of five years from closing.  The Series A warrants will contain 
--->an acceleration clause which will provide that if, at any time after the date which is four months following the closi
--->ng, the shares of the Company trade on the Exchange at a price of $0.35 or greater for a period of 14 consecutive trad
--->ing days, the Company may give notice to the Series A warrant holders of the acceleration of the exercise date to a pe
--->riod which is 30 days from the giving of such notice.  The Series B warrants will contain an acceleration clause which
---> will provide that if, at any time after the date which is twelve months following the closing, the shares of the Comp
--->any trade on the Exchange at a price of $0.65 or greater for a period of 14 consecutive trading days, the Company may 
--->give notice to the Series B warrant holders of the acceleration of the exercise date to a period which is 30 days from
---> the giving of such notice.  The Company may pay finder's fees to finders who introduce accredited investors to the pl
--->acement in accordance with TSX Venture Exchange policy.  Proceeds of the placement will be applied to work on the Comp
--->any's Bud and Manson Creek properties, to pay legal and filing expenses associated with the offering and for working c
--->apital.
The Company also reported that effective July 31, 2014, Mr. Xiao Hai Yin had resigned as a director of the Company aft
--->er 11 years of service. The company thanks him for his significant contributions over the years and wishes him the bes
--->t in the future. Effective August 21, 2014 Mr. Harold Burgess will be appointed a director of the Company to fill the 
--->vacancy caused by the resignation of Mr. Yin and Mr. Man Fai (Steven) Chen has been appointed interim president of the
---> Company.


ON BEHALF OF THE BOARD OF DIRECTORS
OF SAVILLE RESOURCES INC.

__________________________________
Craig Robson, Director



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release, other than purely historical information, including statements relating to the Compa
--->ny's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statemen
--->ts are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource explor
--->ation and development. As a result, actual results may vary materially from those described in the forward-looking sta
--->tements.