Sable Resources Ltd – Shares for Debt

PRESS RELEASE FOR IMMEDIATEW RELEASE

Sable Resources Ltd – Shares for Debt

Vancouver, British Columbia, August 19, 2016 - Sable Resources Ltd. (NEX SAE.H) (the “Company” “Sable”) wishes to announce that it has reached an agreement with RAH Management and Development Ltd., a company controlled by Melvyn M. Rahal, the CEO of the Company, to settle non-interest bearing loans to the Company in the amount of $250,000 in common shares at an issue price of $0.05 per share (the “Loan Settlement”). Any shares issued in connection with the Loan Settlement will be issued in reliance on certain prospectus and registration exemptions under applicable securities legislation and will be subject to a hold period of four months and a day. The Loan Settlement is subject to all necessary regulatory approval, including the approval of the stock exchange.

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.

We seek safe harbor

For more information:

Melvyn Rahal, President & CEO [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 release.