FOR IMMEDIATEW RELEASE Sable Resources Ltd – Annual General Meeting Results, Appoint ment of New Directors and Thomas Obradovich as President and CEO
PRESS RELEASE
FOR IMMEDIATEW RELEASE
Sable Resources Ltd – Annual General Meeting Results, Appoint ment of New Directors and
Thomas Obradovich as President and CEO
Vancouver, British Columbia, December 6, 2016 - Sable Resources Ltd. ("Sable" or the
"Company") (TSX-NEX: SAE.V) is pleased to announce that all resolutions proposed at
its annual general meeting held on November 30, 2016 (the "Annual Meeting") were duly
passed.
The shareholders have re-appointed Mel Rahal and Joel Gillham as directors of the
Company, and appointed Thomas Obradovich and Brent Gilchrist as new directors of the
Company at the Annual Meeting.
Subsequent to the Annual Meeting, Mr. Thomas Obradovich has been appointed as
President and CEO of the Company, replacing Mel Rahal. Mr. Rahal will remai n
involved in the Company as a director and key advisor.
Morten Riset did not seek reappointment for his directorship, but will remain a c onsultant
and advisor to the Company. The Company wishes to thank Mr. Riset for his
contribution to the Company.
Mr. Obradovich has more than 35 years experience in mining exploration, development
and financing. He was President and Chief Executive Officer of Barkerville G old Mines
from January 2015 to July 2016. During his tenure, Barkerville Gold went from having
$30 million in debt with a market capitalization of $30 million to cash positi on of $40
million, no debt and a market cap of $200 million. Mr.Obradovich was one of the key
individuals behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2 billion
in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador. He was also the
co-founder of Canadian Royalties Inc., which discovered and developed the Raglan sout h
nickel belt. Mr. Obradovich acquired most of the Matachewan gold camp and, through a
reverse takeover of Young-Davidson Mines Ltd., upgraded and doubled the resource
which was subsequently acquired by Northgate Minerals in 2005. Mr. Obradovich sits on
the board of directors of Barkerville Gold Mines Ltd. and Dalradian Resources I nc. He is
a graduate of the Haileybury School of Mines in mining technology and advanced field
geophysics.
Brent Gilchrist is an accomplished finance executive with extensive expe rience in the
investment and banking sectors. He is currently the President of JDS Resources I nc., the
JDS Group of Companies’ venture capital and private equity arm responsible for
investment management, acquisitions and project financing. Brent is also the Pre sident
and Co-founder of JDS Silver Inc. (along with Jeff Stibbard, CEO), the owner and
operator of the Silvertip Mine located in Northern British Columbia. Prior t o joining the
JDS Group of Companies in 2012, Brent led the management of individual portfolios at
RBC Dominion Securities, the investment branch of the Royal Bank of Canada, for over
seven years. Prior to RBC, Brent played for 15 years in the National Hockey League
with five teams, drafted by the Montreal Canadiens and debuting with the club in 1988.
Brent was a member of the 1998 Stanley Cup champion, Detroit Red Wings. Brent
retired from the NHL in 2003.
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About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kil ometers 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-cen tral British Columbia, Canada and is road
accessible.
We seek safe harbor
For more information:
Melvyn Rahal, President & CEO
Tel (604) 986-8566
Or visit http://www.sableresources.com
Neither TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibili ty for the adequacy or accuracy of this
release.