financing
#600 – 625 Howe Street, Vancouver, B. C. V6C 2T6 Ph: (604) 683-6648 Fax: (604) 683-1350
TSX.V: HBK
NEWS RELEASE
HIGHBANK RAISING $500,000 FINANCING
Vancouver, B.C. – August 31, 2015 - Highbank Resources Ltd. (TSX.V –“HBK”), (the “Company”). The
Company is arranging a non-brokered private placement to raise up to $500,000.
The Company will be issuing up to 5.0 million units at $0.10 per unit. Each unit will consist of one common share
and one two year transferable share purchase warrant. Each full warrant will entitle the holder to purchase one
additional common share of the Company for a period of two years at a price of $0.15 per share in the first year and
$0.20 per share in the second year.
The Company will pay a finder’s fee of up to 8% in cash or warrants. The financing will be subject to TSX Venture
Exchange acceptance.
The Company will use the funds to continue development of the Swamp Point North aggregate project and for
working capital. Highbank is continuing its efforts to secure short and long-term contracts for its aggregate
products. The Company has tendered bids relating to LNG pipeline projects, preliminary infrastructure construction
for Petronas LNG, Fairview container terminal expansion, Rio Tinto Alcan-Kitimat terminal extensions and
numerous other projects that would require aggregates from December 2015 to mid- 2017. Currently bids in excess
of one million tonnes of various aggregates have been quoted.
ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.
“Victor N. Bryant”
Victor N. Bryant,
CEO/President