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SAE.V ·

Sable Resources Announces Non Brokered Offering

Financings

Sable Resources Announces Non Brokered

Offering

TORONTO

,

April 5, 2019

/CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable") is

pleased to announce a non-brokered offering of a maximum 10 million units priced at

$0.15

consisting of one common share and one half of one common share purchase warrant. Each full

purchase warrant will entitle the holder to acquire one additional common share of the company at

an exercise price of

$0.25

for a period of two years. The financing will close on or about

April 16th

2019. The Company may pay a finders fee to certain qualified registrants assisting in the Offering in

an amount to be determined. Funds will be used to complete phase two drilling and engineering on

the Margarita Project in

Mexico

, complete geological mapping on the Don Julio Project in

Argentina

and for general corporate purposes.

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. Sables' main focus is developing their large portfolio of new greenfields projects to

resource stage utilizing their Upper Level Epithermal Strategy. Sable is actively exploring the San

Juan Regional Program (35,000ha) incorporating the Don Julio Project in San Juan

Province, Argentina, the Mexico Regional Program (1.5Mha), incorporating the Margarita, Vinata

and El Escarpe drill ready projects and the BC Intrusion Related Program, Canada (13,600ha)

incorporating the drill ready Tulox Project.

We seek safe harbor

SOURCE

Sable Resources Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/April2019/05/c7161.html

%SEDAR: 00008665E

For further information:

Tom Obradovich, President & CEO, [email protected], Tel (416)

985-7140, Or visit sableresources.com

CO: Sable Resources Ltd.

CNW 08:00e 05-APR-19