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SABRE RESOURCES LIMITED Capital/Financing Update 2006

Feb 14, 2006

65750_rns_2006-02-14_995d9052-361b-4056-b733-343006f0dcc1.pdf

Capital/Financing Update

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SABRE RESOURCES LIMITED

$(ACN 003-043-570)$

1st Floor, Sterling House, 8 Parliament Place WEST PERTH WA 6005 Postal: PO Box 1618, WEST PERTH WA 6872 Phone: (08) 9481 7833 Fax: (08) 9481 7835 E-mail: [email protected] Website: www.sabresources.com

15 February 2006

Australian Stock Exchange Companies Announcement Office 20 Bond Street SYDNEY NSW 2000

Dear Sirs.

Share Placement

The Company today placed to clients of Cunningham Securities Ltd 3 million fully paid ordinary shares in the capital of the Company at 10 cents per share together with one free attached option for every share allotted exercisable at 10 cents each on or before 31 December 2012. The share placement was made pursuant to the authority given to the Directors by shareholders at the Annual General Meeting held on the 24 November 2005.

Yours faithfully,

D N ZUKERMAN Director