Sable Files Amended Financial Statements and MD&A for the Interim Period Ended
Sable Files Amended Financial Statements and
MD&A for the Interim Period Ended September
30, 2019
VANCOUVER
,
May 15, 2020
/CNW/ - Sable Resources Ltd. ("Sable" or the "Company") (TSXV:
SAE) announces that the Company has filed amended and restated consolidated financial
statements and management's discussion and analysis ("MD&A") for the interim three and nine
month period ended
September 30, 2019
, which are available on the Company's profile on SEDAR
at
www.sedar.com
. The consolidated financial statements and MD&A, as initially reported, have
been amended and restated to correct for an identified error in the treatment of the sale of the net
smelter royalty. The correction of this error resulted in the increase of the mineral property interest
asset by
$4,947,817
as of
September 31, 2019
. Additionally, net comprehensive (loss) income for
the three and nine months ended
September 30, 2019
was increased by
$4,947,817
. These
amended consolidated financial statements and MD&A for the interim three and nine month period
ended
September 30, 2019
replace and supersede the previously filed interim financial statements
and MD&A for such period filed on
November 28
, 2019.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots explorer focused on the discovery of new precious metal
projects through systematic exploration in endowed terranes located in favorable, established mining
jurisdictions. Sable's main focus is developing its large portfolio of new greenfields projects to
resource stage utilizing their Upper Level Epithermal Strategy. Sable is actively exploring the San
Juan Regional Program (58,000ha) incorporating the Don Julio Project in San Juan Province,
Argentina
; the Mexico Regional Program (1.16Mha in application, 39,000ha titled) incorporating the
Margarita, Vinata and El Escarpe projects; and the Scorpius Project in Ayacucho,
Peru
.
Related link:
sableresources.com
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.
SOURCE
Sable Resources Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/May2020/15/c7785.html
%SEDAR: 00008665E
For further information:
please contact: Ruben Padilla, President & CEO at
[email protected] or +1 (520) 488-2520
CO: Sable Resources Ltd.
CNW 18:26e 15-MAY-20