Received by email:
File: HBK.nr Mar.1.18 Highbank Comples Loan -Bonus SharesAgreement.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 COMPLETES LOAN/BONUS SHARES AGREEMENTS
Vancouver, B.C. - March 1, 2018 - Highbank Resources Ltd. (TSX.V -"HBK"), (the "Company").
Loan/Bonus Shares:
Further to the Company news release of February 21, 2018 and the TSX Venture Exchange bulletin dated February 28, 2018
--->; the Company has completed the Loan/Bonus Shares transaction.
The $370,000 Loan Agreements have been accepted for filing and the Company has issued 1,480,000 bonus common shares,
---> at a deemed price of $0.05 per share to five non-related parties. The shares are restricted from trading until June
--->29, 2018.
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 Mar.1.18 Highbank Comples Loan -Bonus Shares Agreement.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 COMPLETES LOAN/BONUS SHARES AGREEMENTS
Vancouver, B.C. March 1, 2018 - Highbank Resources Ltd. (TSX.V "HBK"), (the "Company").
Loan/Bonus Shares:
Further to the Company news release of February 21, 2018 and the TSX Venture Exchange bulletin dated February
28, 2018; the Company has completed the Loan/Bonus Shares transaction.
The $370,000 Loan Agreement has been accepted for filing and the Company has issued 1,480,000 bonus common
shares, at a deemed price of $0.05 per share to five non-related parties. The shares are restricted from trading until
June 29, 2018.
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 eco
--->nomic
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.
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