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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

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Comment by Hallfieldon May 25, 2014 11:27pm
292 Views
Post# 22597060

RE:news

RE:news

  

NEWS RELEASE 
                                                                                   TSX.V: HBK 
             Frankfurt: V7O 

              

HIGHBANK REPORTS:  FURTHER APPROVALS & UPDATES “SWAMP POINT NORTH 
AGGREGATE PROJECT” 

 

Vancouver, B.C. May 26, 2014 - Highbank Resources Ltd. (TSX.V –“HBK”), (the “Company”). 

 

Mr. Victor N. Bryant, CEO reports….. 

 

Occupant Licence to Cut and Remove Timber (“OLTC”)

 

The Minister of Forest, Lands and Natural Resource Operations has completed its review of our application for an 
OLTC and issued the Licence.  The Company will be arranging execution of the Licence and preparing for 
mobilizing the logging equipment and personnel to the site. 

 

Swamp Point North equipment purchasing and mobilizing 

 

Through the past month the Company and V.P. of Aggregate Operations, Stan Spletzer have been busy purchasing 
equipment and transporting it to Spletzer’s – Solid Holdings property in Houston, B.C., where all the equipment is 
undergoing a complete review prior to mobilizing to the Portland Canal North aggregate site.  The Company has 
purchased:  2 – 35-ton Case Haulage Trucks; a D8N Cat Bulldozer; a 27 foot Boat for moving personnel and 
supplies; a Ford 350 Truck c/w welder, compressor and extensive tools; a Cone Crushing Plant, Jaw Crusher and 
Washing Plant, and much ancillary equipment – basically everything required to develop the site and commence our 
at-surface mining of the aggregate.  The Company has also started assembling the conveyor structures and 
equipment. 

 

LNG in B.C. Conference 

 

Last week, (May 21-23, 2014) the Company presented with almost 200 other exhibitors at the 2nd Annual 
International LNG in B.C. Conference, held in Vancouver.  The conference brought together community leaders, 
First Nation leaders, educators, environmental groups, elected officials and LNG proponents from across B.C. and 
around the world, representing the vast reach of the LNG industry.  Organized by the Ministry of Natural Gas 
Development, this conference was a meeting ground for discussion, networking, information gathering and building 
knowledge excellence for this sector.  

 

Canadian LNG Exports Multistakeholders Collaboration Initiative 2014 

 

The Company has been requested and accepted, to present Highbank Resources, Swamp Point (North) aggregate 
project at this event to be held at the Pan Pacific Vancouver Hotel on June 18th and 19th, 2014.  The event will bring 
all of the 5 key stakeholder groups together in one place. These groups comprise - Terminal Developers, Pipeline 
Developers, Regulators, Asian Buyers and First Nations. The initiative will have a specific focus on partnership 
opportunities between the parties, and with the broader Canadian Oil & Gas service sector at large. 

 

 

 

Annual General & Special Meeting of Shareholders June 16, 2014   

 

The Company has received confirmation from its transfer agent – CST Trust Company, that the Annual and Special 
General Meeting (the “Meeting”) Information Circular, Proxies, and related materials have been mailed to 
Registered Shareholders and Non Objecting Beneficial Owners of Highbank Resources Ltd. “Common” shares of 
Record Date –May 12, 2014.  The Meeting will be held on June 16, 2014, at the XChange Conference Centre, 2nd
Floor, 888 Dunsmuir Street, Vancouver, B.C. on June 16, 2014, at the hour of 10:00 a.m. Vancouver time. 

 

Other 
The Company announces that it has granted 125,000 incentive stock options to consultants.  Subject to the approval 
of the TSX Venture Exchange, each stock option is exercisable into one common share of the Company for a period 
of three years from the date of grant, at a price of $0.15 per share. 

 

 

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD. 

 

 Victor N. Bryant

 

Victor N. Bryant, 
CEO/President  

 

This News Release may contain forward-looking statements based on assumptions and judgments of management regarding future events or 
results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ 
materially from the expected results.  

 

 Neither 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. 
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