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File: HBK nr. -May 1.18 - News Updates and Ivan Scott resigns.(2).docx

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#600 - 625 Howe Street, Vancouver, B. C.  V6C 2T6      Ph: (604) 683-6648     Fax: (604) 683-1350
 

TSX.V: HBK
Frankfurt: V7O

HIGHBANK- NORTH COAST UPDATES & DIRECTOR RESIGNS

Vancouver, B.C. - May 1, 2018 - Highbank Resources Ltd. (TSX.V -"HBK"), (the "Company"). 

In the News:
B.C. Premier John Horgan offers deep tax breaks to boost LNG industry - March 22, 2018 -The Vancouver Sun by Rob Shaw 
---> http://ow.ly/78i430jatdk 
Horgan said he hopes the exemptions, which forgo up to $6 billion in potential government revenue over 40 years, would
---> lure the Shell-led LNG Canada project to make a final go-ahead decision this year on its $40 billion LNG proposal for
---> Kitimat and associated gas pipeline.
"This new approach is one that I believe British Columbians want to see from their government," the premier told repor
--->ts at the legislature. 

"If we can realize industrial development, spectacular.  If we can do that within a framework that protects our enviro
--->nment and meets our climate objectives, brilliant.  If we can ensure that genuine reconciliation can happen with Indig
--->enous peoples, I believe we've not just checked all the boxes, but we've developed a framework that will mean somethin
--->g to British Columbia now and into the future."

Shells' $14-billion contract for Kitimat project a sign B.C. may catch the second LNG wave - April 27, 2018 - The Fina
--->ncial Post by Jesse Snyder  http://ow.ly/KxLZ30jMvfl
"We've got a number of build options in the portfolio," Jessica Uhl, Shell's chief financial officer, said in a quarte
--->rly conference call with analysts Thursday.  "LNG Canada is one of the many good options that we have."

PetroChina Company Ltd., Korea Gas Corp. and Mitsubishi Corp. are the other partners on the project led by Royal Dutch
---> Shell Plc.

The consortium behind LNG Canada named the prime contractors for its $40-billion export project on Friday ......   In 
--->a decision the consortium called a "significant milestone", LNG Canada said U.S.-based Flour Corp. and Japan's JGC Cor
--->p. would lead the $14 billion construction contract for the liquefied natural gas project in Kitimat on the B.C. West 
--->Coast.



Director Resigns:

Mr. Ivan M. Scott has tendered his resignation effective immediately, due to personal reasons.  The Company would like
---> to thank Mr. Scott for his contribution to the Company during the past two years, and wish him good health in his ret
--->irement. 

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD. 

"James H. Place"
James H. Place,
CEO/President

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. -May 1.18 - News Updates and Ivan Scott resigns.(2).pdf

       #600   625 Howe Street, Vancouver, B. C. V6C 2T6   Ph: (604) 683-6648   Fax: (604) 683-1350



                                                                                            TSX.V: HBK
                                                                                          Frankfurt: V7O

            HIGHBANK- NORTH COAST UPDATES & DIRECTOR RESIGNS

   Vancouver, B.C.   May 1, 2018 - Highbank Resources Ltd. (TSX.V  "HBK"), (the "Company").

   In the News:
   B.C. Premier John Horgan offers deep tax breaks to boost LNG industry   March 22, 2018  The
   Vancouver Sun by Rob Shaw http://ow.ly/78i430jatdk

      Horgan said he hopes the exemptions, which forgo up to $6 billion in potential government
      revenue over 40 years, would lure the Shell-led LNG Canada project to make a final go-ahead
      decision this year on its $40 billion LNG proposal for Kitimat and associated gas pipeline.
      "This new approach is one that I believe British Columbians want to see from their
      government," the premier told reports at the legislature.

      "If we can realize industrial development, spectacular. If we can do that within a framework
      that protects our environment and meets our climate objectives, brilliant. If we can ensure
      that genuine reconciliation can happen with Indigenous peoples, I believe we've not just
      checked all the boxes, but we've developed a framework that will mean something to British
      Columbia now and into the future."

   Shells' $14-billion contract for Kitimat project a sign B.C. may catch the second LNG wave  
   April 27, 2018   The Financial Post by Jesse Snyder http://ow.ly/KxLZ30jMvfl

      "We've got a number of build options in the portfolio," Jessica Uhl, Shell's chief financial
      officer, said in a quarterly conference call with analysts Thursday. "LNG Canada is one of the
      many good options that we have."

      PetroChina Company Ltd., Korea Gas Corp. and Mitsubishi Corp. are the other partners on
      the project led by Royal Dutch Shell Plc.

      The consortium behind LNG Canada named the prime contractors for its $40-billion export
      project on Friday ...... In a decision the consortium called a "significant milestone", LNG
      Canada said U.S.-based Flour Corp. and Japan's JGC Corp. would lead the $14 billion
      construction contract for the liquefied natural gas project in Kitimat on the B.C. West Coast.
 Director Resigns:

Mr. Ivan M. Scott has tendered his resignation effective immediately, due to personal
reasons. The Company would like to thank Mr. Scott for his contribution to the Company
during the past two years, and wish him good health in his retirement.

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK
RESOURCES LTD.

"James H. Place"
James H. Place,
CEO/President
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 economic 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 estimates, success of mining operations, the timing and
amount of estimated future production, title disputes or claims, environmental 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 -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 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 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 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.