Sable Resources Ltd. Announces Grant of Options
Sable Resources Ltd. Announces Grant of
Options
VANCOUVER
,
June 27, 2019
/CNW/ - Sable Resources Ltd. ("
Sable
" or the "
Company
") (TSXV:
SAE) announces that it has granted a total of 2,800,000 incentive stock options to certain officers,
directors, employees and consultants of the Company pursuant to the Company's Stock Option
Plan. Such options are exercisable at a price of
$0.15
for a period of five years.
The grant of options is subject to the approval and requirements of the TSX Venture Exchange.
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 greenfield projects to
resource stage utilizing their Upper Level Epithermal Strategy. Sable is actively exploring the San
Juan Regional Program (48,000ha) incorporating the Don Julio Project in San Juan Province,
Argentina
, the Mexico Regional Program (1.26 Mha), incorporating the Margarita, Vinata and El
Escarpe drill ready projects and the Scorpius drill ready project in
Peru
.
We seek safe harbor
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 Offering. 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.
SOURCE
Sable Resources Ltd.
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http://www.newswire.ca/en/releases/archive/June2019/27/c4908.html
%SEDAR: 00008665E
For further information:
Tom Obradovich, President & CEO [email protected], Tel (416)
985-7140 Or visit http://www.sableresources.com
CO: Sable Resources Ltd.
CNW 07:00e 27-JUN-19