Sable Resources Ltd. (TSX.V: SAE) wishes to provide the following update. Transfer to NEX

PRESS RELEASE FOR IMMEDIATE RELEASE

Vancouver, British Columbia, Canada, February 19, 2016.

Sable Resources Ltd. (TSX.V: SAE) wishes to provide the following update.

Transfer to NEX In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Monday, February 22, 2016, the Company’s listing will transfer to NEX, the Company’s Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.

As of February 22, 2016, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the Company will change from SAE to SAE.H. There is no change in the Company’s name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.

Stock Option Plan All of the Company’s stock options have either expired or been cancelled. Further, the Board of Directors have decided not to proceed with a stock option plan at this time. As such, the Company will not grant any stock options until the shareholders have approved a new plan.

Directors The Company wishes to announce that Joel Gillam has been named to the Board of Directors. Mr. Gillam is a geologist with extensive experience working in the Toodoggone.

About Sable Resources Limited: http://www.sableresources.com

Sable Resources is focused on the development and exploration of its gold and silver properties in the Toodoggone region of northern British Columbia. Sable owns a modern, permitted 200-ton per day mill and supporting infrastructure.

For More Information Contact:

Melvyn Rahal, President & C.E.O.

[email protected] Tel: (604) 986-8566 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 news release.