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News
Vancouver, B.C. – December 15, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Highbank Resources Ltd., CEO/President, Jim Place is pleased to announce that a bulk sample of approximately 750 tonnes of bank run aggregate (pit-run) and quarried stone from Swamp Point North has been delivered to the Port of Prince Rupert. The material will be stored on land leased by the Company where it will undergo processing and product testing.Processing of the pit run will consist of crushing,...
Read MoreVancouver, B.C. – December 4, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Highbank Resources Ltd. is pleased to announce that they have completed amendments with its Convertible Debenture lenders for $3.9 million of the total $4.0 million convertible debenture loans. The Loan Extensions amended, among other terms, the maturity dates of the loans, extending them to April 7, 2019 and August 7, 2019 depending on which tranche of loans the lenders originally participated in.Inter...
Read MoreVancouver, B.C. – July 24, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Loan Agreement:The Company has arranged a demand loan for $75,000 from a related party/director.The proceeds of the loan are to be used for care and maintenance of its Swamp Point North aggregate project, administrative costs and working capital.The loan bears interest at 1.5% per month. As the loan is with a related party/director; TSX Venture Exchange policy amendments, no longer permit loan/bonus shares...
Read MoreVancouver, B.C. – July 18, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").The Annual General Meeting of Highbank Resources Ltd. was held yesterday –July 17, 2017. At the meeting the shareholders re-elected James H. Place, Gary Musil, Victor N. Bryant, Luard J. Manning, William J. Loucks, and Ivan Scott for the upcoming year. The scrutineer reported that there were a total of 15 shareholders holding 8,092,794 common shares represented in person or by proxy at the meeting. This r...
Read MoreVancouver, B.C. – June 8, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Loan/Bonus Shares:Further to the Company news release of May 23, 2017 and the TSX Venture Exchange bulletin dated June 2, 2017; the Company has completed the Loan/Bonus Shares transaction.The $100,000 Loan Agreement has been accepted for filing and the Company has issued 400,000 bonus common shares, at a deemed price of $0.05 per share. The shares are restricted from trading until October 3, 2017.Stock Opti...
Read MoreVancouver, B.C. – May 23, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Loan/Bonus Shares Agreement:The Company has arranged an additional demand loan for $100,000 from a non-related party.The proceeds of the loan are to be used for care and maintenance of its Swamp Point North aggregate project with additional costs for barging and fuel (previously delivered in September 2016); $32,000 for year-end audit fees and 2017 TSX Venture annual sustaining fees; and working capital.The ...
Read MoreVancouver, B.C. – March 22, 2017 – Highbank Resources Ltd. (TSX.V: HBK)Renewal of Tenures over Swamp Point North:Highbank Resources Ltd. has received approvals from the Ministry of Forests, Lands and Natural Resource Operations ("FLNRO"), British Columbia to renew the current Licences of Occupation for the Swamp Point North aggregate properties and foreshore (load-out area). Renewals will be for an additional fifteen (15) years from March 5, 2017.Shares for Debt:Further to the Company news rele...
Read MoreVancouver, B.C. – March 7, 2017 – Highbank Resources Ltd. (TSX.V: HBK)Further to the Company news releases of February 22 & 25, 2017 and the TSX Venture Exchange bulletin dated March 7, 2017; the Company has completed the Loan/Bonus Shares transaction.The (2) total $70,500 Loan Agreements have been accepted for filing and the Company has issued 282,000 bonus common shares, at a deemed price of $0.05 per share. The shares are restricted from trading until July 7, 2017.ON BEHALF OF THE BOARD ...
Read MoreVancouver, B.C. – March 2, 2017 – Highbank Resources Ltd. (TSX.V: HBK)Marketing Agreement:Highbank Resources Ltd. ("HBK") is pleased to announce that it has made an arrangement with a Canadian aggregate marketing company ("AMC") that has agreed to provide marketing and customer service for the Swamp Point North Project.Details of the arrangement include the exclusive rights to engage potential customers and negotiate on HBK’s behalf to provide information regarding prices, delivery schedules, an...
Read MoreVancouver, B.C. – March 1, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Shares for Debt:The Company has arranged for the issuance of 7,400,000 common shares at a deemed price of $0.05 per share to settle $370,000 in Convertible Debenture interest accruals up to December 31, 2016; with seven (7) of the Debenture holders. Two (2) of the debenture holders have requested payment of accrued interest in cash, and have deferred/ accrued the cash payment when financing is available.Th...
Read MoreVancouver, B.C. – February 24, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Further to our news release of February 22, 2017, the Company has arranged an additional demand loan for $5,500 from a non-related party.The proceeds of the loan are to be used for care and maintenance of its Swamp Point North aggregate project and working capital.The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue 22,000 bonus common shares, a...
Read MoreVancouver, B.C. – February 22, 2017 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").The Company has arranged a demand loan for $65,000 from a non-related party.The proceeds of the loan are to be used for care and maintenance of its Swamp Point North aggregate project and working capital.The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue 260,000 bonus common shares, at a deemed price of $0.05 per share. The loan and issuance ...
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