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News
Vancouver, B.C. – April 30, 2013 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company"). Further to the TSX Venture Exchange (the" Exchange") bulletin dated April 25, 2013 the Company has completed the 3rd and final tranche of the non-brokered private placement for 750,000 units at $0.08 for gross proceeds of $60,000. 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.
All securities issued under the 3rd tranche are subject to a hold period expiring on August 26, 2013.
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 working capital.
On behalf of the Board of Directors of
HIGHBANK RESOURCES LTD.
"Gary Musil"
Gary Musil,
CFO/Director
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.