Mr. Andrew Male of Greatbanks reports

GREATBANKS RESOURCES ANNOUNCES ACQUISITION OF A BRITISH COLUMBIA MINERAL TENURE

Effective Nov. 30, 2015, Greatbanks Resources Ltd. has entered into an asset purchase agreement with Ridge Resources Ltd. and Zimtu Capital Corp. to acquire a 100-per-cent interest in British Columbia mineral tenure 1037777 (the Windy claims). Pursuant to the terms of the agreement, the vendors will receive a total of two million common shares of the company, at a deemed price of five cents per share, or $100,000 in total on closing of the agreement. In addition, the vendors will receive a 2-per-cent net-smelter-return royalty on any production from the Windy claims. Closing of the agreement remains subject to final approval of the TSX Venture Exchange.

The Windy claims comprise 1,319.08 hectares and are located in the Cassiar district of the province of British Columbia. Based on the company's review of historical data and technical analysis, the company has concluded that the Windy claims are worthy of further exploratory work and is in the process of commissioning a National Instrument 43-101-compliant technical report. Upon completion of the technical report, an exploration and drilling program will be developed and executed.

Following closing of the agreement, the company has agreed to make one board of directors position available to a designee of the vendor. It is expected that the vendor designee will be appointed to the board in early 2016, which is expected to be the time at which the company commences the work program.

We seek Safe Harbor.