Dustyw,
Although roofing tar would seal the ends of your slab, it has other problems (in my experience). Unless you intend to cut the ends off before you start working the slabs, it will get on everything. Walking by the stack? it'll get on your clothes if you bump it. Stored in a hot area, it may drip. Get it on the surface of your slab, you'll need solvent to get it off and if you sand it the heat from the sandpaper will spread it. I have milled several logs sealed with roofing tar and it was quite a mess.
The product developed for sealing green wood is AnchorSeal although companies like Woodcraft, Bailey's, and others sell their own versions. It is a wax-based emulsion product and cleans up with soap and water. In addition to the ends of the slabs, you should also consider sealing any area with crosscut grain, like knots in the surface of the slab (both sides). The cost of AnchorSeal is minimal compared to the value of your slab, but exterior latex or oil-based paint would be better than roofing tar. YMMV