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SAE.V ·

Sable Resources Ltd – Shares for Debt

Share Capital & Compensation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES.

NEWS RELEASE

Sable Resources Ltd – Shares for Debt

Vancouver, British Columbia, May 25 , 2017 - Sable Resources Ltd. (NEX SAE.H) (the “Company”

or “Sable”) is pleased to announce that it has completed its previously announced transaction with

Cangaroo Capital Corp. and Walter Canadian Coal Partnership (the “Creditors”) to settle debts owing

by the Company in the aggregate amount of $285,000 by issuing an aggregate of 1,900,000 common

shares at an issue price of $0.15 per share (the “Loan Settlement”). Mr. Harbort is a principal of one

of the Creditors, and a director of Sable. All common shares issued pursuant to the Loan Settlement

are subject to a statutory hold period expiring on September 25, 2017.

About Sable Resources Ltd.

Sable owns the Toodoggone gold project comprising 66 square kilometers 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 -central British Columbia, Canada and is road

accessible.

For more information:

Tom Obradovich, President & CEO

[email protected]

Tel (416) 985-7140

Or visit http://www.sableresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements – Certain information set forth in this news release may contain forward-

looking statements that involve substantial known and unknown risks and uncertainties. These forward-

looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control

of Sable. Readers are cautioned that the assumptions used in the preparation of such information, although

considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance

should not be placed on forward-looking statements.