VANCOUVER, May 15, 2020 /CNW/ - Sable Resources Ltd.
("Sable" or the "Company") (TSXV: SAE) announces that the Company
has filed amended and restated consolidated financial statements
and management's discussion and analysis ("MD&A") for the
interim three and nine month period ended September 30, 2019, which are available on the
Company's profile on SEDAR at www.sedar.com. The consolidated
financial statements and MD&A, as initially reported, have been
amended and restated to correct for an identified error in the
treatment of the sale of the net smelter royalty. The
correction of this error resulted in the increase of the mineral
property interest asset by $4,947,817
as of September 31, 2019.
Additionally, net comprehensive (loss) income for the three
and nine months ended September 30,
2019 was increased by $4,947,817. These amended consolidated
financial statements and MD&A for the interim three and nine
month period ended September 30, 2019
replace and supersede the previously filed interim financial
statements and MD&A for such period filed on November 28, 2019.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots explorer focused on the
discovery of new precious metal projects through systematic
exploration in endowed terranes located in favorable, established
mining jurisdictions. Sable's main focus is developing its large
portfolio of new greenfields projects to resource stage utilizing
their Upper Level Epithermal Strategy. Sable is actively exploring
the San Juan Regional Program (58,000ha) incorporating the Don
Julio Project in San Juan Province, Argentina; the Mexico Regional Program
(1.16Mha in application, 39,000ha titled) incorporating the
Margarita, Vinata and El Escarpe projects; and the Scorpius Project
in Ayacucho, Peru.
Related link: sableresources.com
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Provider, as that term is defined in the policies of the TSX
Venture Exchange, accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Sable Resources Ltd.