VANCOUVER, BC, June 15, 2021 /CNW/ – Sable Resources Ltd. (“Sable” or the “Company“) (TSXV: SAE) is pleased to announce that it has closed its previously announced private placement for total gross proceeds of approximately C$12.5 million (the “Offering“).  The Offering was conducted by Sprott Capital Partners LP and Eight Capital, as co-lead underwriters (the “Co-Lead Underwriters“) and PI Financial Corp. (referred to collectively as the “Underwriters“). In connection with the Offering, the Company has issued 41,666,600 common shares of the Company (“Common Shares“) at a price of C$0.30 per Common Share (the “Issue Price“).