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Eurocontrol and Sable Announce Sale of Resource Properties to Eurocontrol and Eurocontrol Change of Business
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Toronto, Canada, January 25, 2019 - Eurocontrol Technics Group Inc. (TSX Venture: EUO; OTCQB: EUCTF) (“Eurocontrol”) and Sable Resources Ltd. (“Sable”) (TSX Venture: SAE) are pleased to announce that they have entered into an asset purchase agreement (the "Purchase Agreement") dated January 24, 2019, pursuant to which Eurocontrol has agreed to acquire Sable’s mineral resource properties located in the Province of British Columbia and certain related assets (the “B.C. Properties”) all as further set forth therein (the “Transaction”). The completion of the Transaction is subject to regulatory approval and certain other conditions as described below.