Vancouver, B.C.(FSCwire) - : Saville Resources Inc. (TSXv: SRE) ("Saville" or the "Company") will not be proceeding with the proposed acquisition of the Munn Lake Diamond Property as announced August 24, 2016, due to the current poor market conditions for the funding of diamond exploration projects.

Saville also announces the appointment of Charn Deol as a director of the Company. Charn Deol has over 35 years of experience in the financial markets. Mr. Deol currently serves on both private and public company boards as a director or in a management capacity. His past and present experience includes providing management and consulting services to companies, project analysis, investor relations, technical market analysis and the financing of international projects. Mr. Deol has extensive experience in international business development, having previously been a senior partner in a futures trading firm (Evergreen Futures) with operations in Canada and Asia and negotiating mining projects internationally.

Saville also wishes to announce the resignation of Mr. Rahim Mohamed as a Director of the Company.The Company would like to thank Mr. Mohamed for his time and service as a director.

ON BEHALF OF THE BOARD

SAVILLE RESOURCES INC.

"Steven Chen"

President and CEO

Tel:604.681.1568

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.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/SavilleApr282017.pdf

Source: Saville Resources Inc. (TSX Venture:SRE)

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