Received by email:

File: HBK.nr Feb. 21.18 Arranges Demand Loan for Bulk Aggregate Sampleand Site Security & Mtnce. for Swamp Point North
--->.docx

/
#600 - 625 Howe Street, Vancouver, B. C. V6C 2T6 Ph: (604) 683-6648 Fax: (604) 683-1350
Email:   gmusil@highbankresources.com    Website:  www.HighbankResources.com


 NEWS RELEASE
 

TSX.V: HBK
Frankfurt: V7O
 
HIGHBANK ARRANGES DEMAND LOANS FOR 750 TONNE BULK AGGREGATE SAMPLE AND SITE SECURITY & MAINTENANCE FOR ITS SWAMP POINT
---> NORTH PROJECT 

Vancouver, B.C. - February 21, 2018 - Highbank Resources Ltd. (TSX.V -"HBK"), (the "Company").

Highbank Resources Ltd., announces that further to our news release of December 15, 2017 the Company has arranged $370
--->,000 in loans from five non-related parties to cover costs of the previously announced 750 tonne bulk aggregate produc
--->tion sample; Swamp Point North ("SPN") site security and maintenance expenses for November 2017 to April 2018; and adm
--->inistrative costs. 
Approximately $200,000 was budgeted for the bulk sampling expenditures such as: barging of additional equipment requir
--->ed for site loading and unloading; barging of aggregate from the site to the Port of Prince Rupert; leasing of industr
--->ial waterfront in the Port of Prince Rupert;   equipment rental;  transportation and expenses relating to additional p
--->ersonnel;  fuel and supplies; sample processing, and lab testing.  Prior to the bulk sample barge and equipment arrivi
--->ng  the Company had also arranged for a small barge load of fuel, propane, and gasoline to cover approximately six mon
--->ths site maintenance time.
As per previously arranged loans the terms are as follows.  The loans bear interest at 1.5% per month. In consideratio
--->n for the loans, the Company has also agreed to issue 1,480,000 bonus common shares, at a deemed price of $0.05 per sh
--->are.  The loan and issuance of bonus shares are subject to regulatory approval,  and pursuant to the agreements will b
--->e subject to a four month +1 day hold period from the date of issuance.

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD

"Gary Musil"

Gary Musil CFO/Director

This News Release may contain forward-looking statements based on assumptions and judgments of management regarding fu
--->ture events or results.  Forward-looking statements are projections of events, revenues, income, future economic perfo
--->rmance or management's plan and objective for future operations and include, without limitation, statements with respe
--->ct to the anticipated production from the Swamp Point North Aggregate Project, the realization of mineral estimates, s
--->uccess of mining operations, the timing and amount of estimated future production, title disputes or claims, environme
--->ntal risks, limitations on insurance coverage, current and anticipated purchase negotiations and arrangements, require
--->ments for additional capital; and government regulation of mining operations. In some cases, you can identify forward 
--->-looking statements by the use of terminology such as "may", "should", "expects", "plans", "anticipates", "believes", 
--->"estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. By 
--->their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which ma
--->y cause the actual results, performance or achievements of the Company to be materially different from any future resu
--->lts, performance or achievements expressed or implied by the forward-looking statements. Such factors, including: fluc
--->tuations in worldwide prices and demand for aggregates; changes in project parameters as plans continue to be refined;
---> possible variations in grade and or recovery rates; accidents, labour disputes as well as those factors detailed from
---> time to time in the Company's interim and annual financial statements and management's discussion and analysis of tho
--->se statements, are filed and available for review on SEDAR at www.sedar.com.

Neither the 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.



File: HBK.nr Feb. 21.18 Arranges Demand Loan for Bulk Aggregate Sampleand Site Security & Mtnce. for Swamp Point North
--->.pdf

 #600   625 Howe Street, Vancouver, B. C. V6C 2T6 Ph: (604) 683-6648 Fax: (604) 683-1350
 Email: gmusil@highbankresources.com Website: www.HighbankResources.com


                                              NEWS RELEASE
                                                                                           TSX.V: HBK
                                                                                           Frankfurt: V7O

    HIGHBANK ARRANGES DEMAND LOANS FOR 750 TONNE BULK AGGREGATE
      SAMPLE AND SITE SECURITY & MAINTENANCE FOR ITS SWAMP POINT
                            NORTH PROJECT

 Vancouver, B.C.   February 21, 2018 - Highbank Resources Ltd. (TSX.V  "HBK"), (the
 "Company").

Highbank Resources Ltd., announces that further to our news release of December 15, 2017 the
Company has arranged $370,000 in loans from five non-related parties to cover costs of the
previously announced 750 tonne bulk aggregate production sample; Swamp Point North ("SPN")
site security and maintenance expenses for November 2017 to April 2018; and administrative
costs.

Approximately $200,000 was budgeted for the bulk sampling expenditures such as: barging of
additional equipment required for site loading and unloading; barging of aggregate from the site
to the Port of Prince Rupert; leasing of industrial waterfront in the Port of Prince Rupert;
equipment rental; transportation and expenses relating to additional personnel; fuel and
supplies; sample processing, and lab testing. Prior to the bulk sample barge and equipment
arriving the Company had also arranged for a small barge load of fuel, propane, and gasoline to
cover approximately six months site maintenance time.

As per previously arranged loans the terms are as follows. The loans bear interest at 1.5% per
month. In consideration for the loans, the Company has also agreed to issue 1,480,000 bonus
common shares, at a deemed price of $0.05 per share. The loan and issuance of bonus shares are
subject to regulatory approval, and pursuant to the agreements will be subject to a four month
+1 day hold period from the date of issuance.


ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD

 "Gary Musil"

Gary Musil
CFO/Director
 This News Release may contain forward-looking statements based on assumptions and judgments of management
 regarding future events or results. Forward-looking statements are projections of events, revenues, income, future ec
--->onomic
performance or management's plan and objective for future operations and include, without limitation, statements with
respect to the anticipated production from the Swamp Point North Aggregate Project, the realization of mineral estimat
--->es,
success of mining operations, the timing and amount of estimated future production, title disputes or claims, environm
--->ental
risks, limitations on insurance coverage, current and anticipated purchase negotiations and arrangements, requirements
for additional capital; and government regulation of mining operations. In some cases, you can identify forward -looki
--->ng
statements by the use of terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimate
--->s",
"predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. By their very na
--->ture
forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements. Such factors, including: fluctuations in worldwid
--->e
prices and demand for aggregates; changes in project parameters as plans continue to be refined; possible variations i
--->n grade
and or recovery rates; accidents, labour disputes as well as those factors detailed from time to time in the Company's
---> interim
and annual financial statements and management's discussion and analysis of those statements, are filed and available 
--->for
review on SEDAR at www.sedar.com.

Neither the 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.