Saville Resources Inc. Receives Exploration Earn-In Agreement Approval and Closes Private Placement

1450, 789 West Pender Street

Vancouver, BC V6C 1H2

t. 604 681 1568

www.savilleres.com

Saville Resources Inc. Receives Exploration Earn-In Agreement Approval

and Closes Private Placement

October 10, 2018 – Saville Resources Inc. (TSXv: SRE, FSE: S0J) (the “Company” or “Saville”)

is pleased to announce that it has received final TSX Venture Exchange approval on its Niobium

Claim Group Property Exploration Earn-In Agreement with Commerce Resources Corp. (see news

release dated January 11, 2018). The Company currently has a work program underway at the

Niobium Claim Group Property delineating drill targets.

In addition, Saville has closed its previously-announced non-brokered private placement (the

“Private Placement”) for gross proceeds of $568,881.00 CAD. The Company issued 8,620,020

units (“Units”) at a price of $0.05 per share for $431,001 CAD and 2,298,000 flow-through shares

(“FT Shares”) at a price of $0.06 per share, for $137,880 CAD.

Each Unit consists of one common share and one share purchase warrant (“Warrant”). Each

Warrant will entitle the holder to purchase one additional common share of the Company at a price

of $0.10 per share for a period of 24 months from September 29, 2018.

Proceeds of the private placement will be used for the advancement of the Company’s exploration

projects and for general corporate purposes.

In connection with the completion of the Private Placement, the Company has paid a finder’s fee

in the amount of $6,480. Securities issued pursuant to the Private Placement are subject to a four

month hold period expiring January 29, 2019. Upon receipt of this news release, the TSX Venture

Exchange will issue a final bulletin.

On Behalf of the Board of Directors

SA VILLE RESOURCES INC.

“Mike Hodge”

President

Tel: 604.681.1568

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.