Highbank Reports: Further Approvals & Updates-"Swamp Point North Aggregate Project"
May 26 2014 - 9:00AM
Marketwired
Highbank Reports: Further Approvals & Updates-"Swamp Point
North Aggregate Project"
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2014) -
Highbank Resources Ltd. (TSX-VENTURE:HBK)(FRANKFURT:V7O) (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, 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.
Highbank Resources Ltd.604-683-6648604-683-1350highbank
@telus.netwww.HighbankResources.com
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