Sabre Graphite Corp. ("Sabre") (TSX VENTURE:SAG) announces it has approved the
grant of an aggregate of 1,350,000 options to its directors, officers, and
consultants pursuant to its stock option plan, of which 1,200,000 were granted
to directors and officers. The options have an exercise price of $0.25 per share
and will expire five years from the date of grant. The stock option grant is
subject to regulatory approval. The Corporation has determined that exemptions
from the various requirements of TSX Venture Exchange Policy 5.9 are available
for the grant of stock options to each of the individuals. The Corporation has
further determined that an exemption from the various requirements of
Multilateral Instrument 61-101 is available as the fair market value of the
grant of options is less than 25% of the market capitalization of the
Corporation.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sabre Graphite Corp.
David Antony
Chief Executive Officer
(403) 531-1710

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