Mr. Ruben Padilla reports

SABLE CLOSES C$1.75 MILLION PRIVATE PLACEMENT WITH MOXICO RESOURCES

Further to the news release of July 2, 2025, Sable Resources Ltd. has closed its non-brokered private placement with Moxico Resources PLC, raising gross proceeds of $1,749,000 through the issuance of 31.8 million common shares at a price of 5.5 cents per share.

As a result of the private placement, Moxico owns 31.8 million shares, which represent approximately 9.9 per cent of Sable's issued and outstanding shares. Pursuant to the terms of the subscription agreement entered into by the parties in connection with the private placement, Sable granted Moxico customary participation and anti-dilution rights, which enable Moxico to maintain its pro rata equity interest in the company for so long as Moxico maintains a minimum ownership threshold.

The proceeds from the private placement will be used by the company for exploration and general corporate and working capital purposes.

The shares issued under the private placement are subject to a four-month hold period from the date of issue in accordance with applicable securities laws.

The private placement remains subject to final approval of the TSX Venture Exchange. The TSX-V has conditionally approved the listing of all shares issued under the private placement.

Moxico is an unlisted public mining company headquartered in the United Kingdom. As previously announced, the company and its subsidiary entered into a binding letter agreement with Moxico that granted Moxico an exclusive option to acquire 51 per cent of the company's El Fierro project and Cerro-Negro property, subject to certain exploration and expenditure terms. See the company's press release dated Feb. 27, 2025, for additional details about Moxico and this option transaction.

About Sable Resources Ltd.

Sable is a well-financed junior grassroots explorer focused on the discovery of Tier 1 new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable's focus is developing its large portfolio of new greenfield projects to resource level. Sable is actively exploring the San Juan regional program (163,969 hectares) incorporating the Don Julio, El Fierro and Cerro Negro projects in San Juan province, Argentina, and the Copper Queen (15,133 hectares), Copper Prince (3,980 hectares) and Core Mountain (1,925 hectares) properties in British Columbia.

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