Vancouver, B.C. – June 24, 2014 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").
Mr. Victor N. Bryant, CEO reports…..
Further to our news release dated May 30, 2014 Highbank Resources Ltd. has filed a counterclaim against MOAG Copper Gold Resources Inc. ("MOAG") and its directors, Bradley L. Jones and Gary Brown; alleging breach of contract and fiduciary duties and seeks the return of the 6,000,000 Highbank common shares released to MOAG; accounting for the profits from the sale of the 6,000,000 shares, interest, costs of the action, and other damages.
The summary trial application filed by MOAG’s counsel will not be proceeding June 25, 2014.
ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.
"Victor N. Bryant"
Victor N. Bryant,
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.