Saville Announces Closing of Unit Private Placement
1450, 789 West Pender Street
Vancouver, BC V6C 1H2
t. 604 681 1568
www.savilleres.com
SAVILLE ANNOUNCES CLOSING OF UNIT PRIVATE PLACEMENT
VA NCOUV ER, B.C., February 4, 2019 – Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the “Company”) is pleased to
announce that it has completed the second and final tranche of its previously announced non‐brokered private
placement (the “Offering”), as described in its News Release dated December 19, 2018, pu r s u a n t t o w h i c h i t h a s
issued an aggregate of 90,000 non‐flow through units (each, a “ NFT Unit”) at a price of $0.05 per NFT Unit for gross
proceeds of $4,500. Each NFT Unit consists of one common share of the Company (each, an “NFT Share”) and one
non‐transferable common share purchase warrant (each, a “NFT Warrant”), with each NFT Warrant entitling the
holder to purchase one NFT Share at a price of $0.10 per NFT Sh are for a period of three years following the closing of
the Offering, subject to an acceleration provision of the Company whereby , in the event the Company’s common shares
have a closing price on the TSX Venture Exchange (the “ Exchange”) (or such other exchange on which the shares may
be traded at such time) of greater than $0.15 per share for a p eriod of 10 consecutive trading days at any time after
four months and one day from the closing date, the Company may accelerate the expiry date of the warrants by giving
notice to the holders thereof and, in such case, the warrants will expire on the 30th day after the date of such notice.
The securities issued under the Offering are subject to a statutory hold period expiring on June 5, 2019.
No finder’s fees were issued in connection with the Offering.
None of the securities sold in connection with the Offering wil l be registered under the United States Securities Act of
1933, as amended, and no such securities may be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements. This n ews release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer ,
solicitation or sale would be unlawful.
About Saville Resources Inc.
The Company’s principal asset is the Niobium Claim Group Proper ty, currently under Earn‐In Agreement from
Commerce Resources Corp. for up to a 75% interest. The Property consists of 26 contiguous mineral claims,
encompassing an area of approximately 1,223 hectares, and is co nsidered highly prospective for niobium and
tantalum. The Property includes portions of the high‐priority, and drill ready, Miranna Target where prior boulder
sampling in the area has returned 5.9% Nb2O5 and 1,220 ppm Ta2O 5, as well as the Northwest and Southeast areas
where previous drilling has returned wide intercepts of mineral ization, including 0.61% Nb2O 5 o v er 12.0 m (EC08 ‐
008) and 0.82% Nb2O5 over 21.9 m (EC10‐033), respectively.
On behalf of the Board of Directors
SAVILLE RESOURCES INC.
“Mike Hodge”
Mike Hodge
President
Tel: 604.681.1568
Neither the 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.
Forward‐Looking Statements
This news release contains forward‐looking information which is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ from those projected in the forward‐looking statements.
Forward looking statements in this press release include that the Company has an interest in claims which are highly
prospective for niobium and tantalum. Risks that could change or prevent these statements from coming to fruition
include changing operational costs for mining and processing; increased capital costs; the timing and content of
upcoming work programs may be interrupted or delayed; geological interpretations based on drilling that may change
with more detailed information; the availability of labour, equipment, infrastructure and markets for the products
produced; that despite current promising indications and grades, the minerals on our property may not be able to be
economically mined; or that the required permits to build and operate any mine cannot be obtained. The forward‐looking
information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise
such information to reflect new events or circumstances, except as required by law.