Sable Resources Ltd. Announces CAD $600 Thousand Non-Brokered Flow-Through Private Placement
PRESS RELEASE
FOR IMMEDIATE RELEASE
Sable Resources Ltd. Announces CAD $600 Thousand Non-Brokered Flow-Through
Private Placement
March 15, 2018 (Vancouver, BC): Sable Resources Ltd. (“Sable” or the “Company”) (TSXV:SAE) announces
that it intends to undertake a non-brokered private placement of 2,000,000 common shares ("Common Shares")
of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through
Shares") at a price of $0.30 per Flow-Through Share, for aggregate gross proceeds of up to CAD $600,000 (the
“Placement”).
The net proceeds of the Placement will be used to incur eligible Canadian Exploration Expenses and flow -
through mining expenditures, as defined under the Income Tax Act (Canad a), that will be renounced in favour
of the purchasers with an effective date of no later than December 31, 2018. The funds are intended to be used
to explore the Company’s projects in located in British Columbia.
The Placement is subject to the receipt o f all necessary regulatory approvals, including the approval of the
Toronto Venture Exchange. The FT Shares will be subject to resale restrictions for a period of four months and
one day from the closing date of the Placement under applicable securities l egislation. The Placement is
scheduled to close on or about March 27, 2018.
The FT Shares will not be registered under the U.S. Securities Act of 1933 (the “1933 Act”), as amended, or any
applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the
United States or “U.S. persons,” as such term is defined in Regulation S regulated under the 1933 Act, absent
registration or an applicable exemption from the registration requirements. This press release does not constitute
an offer of securities for sale in the United States or to U.S. persons.
For more information:
Tom Obradovich, President & Chief Executive Officer
Tel (416) 985-7140
Or visit http://www.sableresources.com
Forward-Looking Statements
This news release contains certain forward-looking information and statements within the meaning of
applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate",
"may", "might", "will", "project", "should", "believe", "plans", "intends" and similar expressions are
intended to identify forward-looking information and/or statements. Forward-looking statements and/or
information are based on a number of material factors, expectations and/or assumptions of Sable which
have been used to develop such statements and/or information but which may prove to be incorrect.
Although Sable believes that the expectations reflected in such forward-looking statements and/or
information are reasonable, undue reliance should not be placed on forward-looking statements as Sable
can give no assurance that such expectations will prove to be correct. In addition to other factors and
assumptions which may be identified herein, assumptions have been made regarding, among other things,
the receipt of final regulatory approvals for the Option and proposed exploration plans for, and potential
mineralization on, the Project. The forward-looking information and statements included in this news
release are not guarantees of future performance and should not be unduly relied upon. Such information
and/or statements, including the assumptions made in respect thereof, involve known and unknown risks,
uncertainties and other factors that may cause actual results and/or events to differ materially from those
anticipated in such forward-looking information and/or statements including, without limitation the
uncertainty of obtaining all applicable regulatory approvals, and/or certain other risks detailed from
time-to-time in Sable’s public disclosure documents. Furthermore, the forward-looking statements
contained in this news release are made as at the date of this news release and Sable does not undertake
any obligations to publicly update and/or revise any of the included forward-looking statements, whether
as a result of additional information, future events and/or otherwise, except as may be required by
applicable securities laws.
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 and/or accuracy of this
release.