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News
Vancouver, B.C. – November 19, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").
Loan Agreement(s):The Company has arranged a demand loan for $50,000 from a related party/director and a non-related party for $50,000 in both September and November.The Company was unable to engage other lenders at this time and it was imperative that we keep our Swamp Point North site with 24/7 security for insurance liability purposes including preventing theft and property damage. Additional ...
Read MoreVancouver, B.C. – November 6, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").
Shares for Debt:Further to the Company news releases of October 5, 2018 and the TSX Venture Exchange bulletin dated November 5, 2018 the Company has issued 7,280,000 common shares at a deemed price of $0.05 per share; to settle $364,000 in Convertible Debenture Interest accruals up to December 31, 2017; with seven (7) of the debenture holders. Two (2) of the debenture holders have requested payment...
Read MoreVancouver, B.C. – October 5, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Shares for Debt:The Company has arranged for the issuance of 7,280,000 common shares at a deemed price of $0.05 per share to settle $364,000 in Convertible Debenture interest accruals up to December 31, 2017; with seven (7) of the Debenture holders. Two (2) of the debenture holders have requested payment of accrued interest in cash, and have deferred/ accrued the cash payment when financing is available....
Read MoreVancouver, B.C. – June 4, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Loan Agreement:The Company has arranged a demand loan for $50,000 from a related party/director.The Company was unable to engage previous and other lenders at this time and it is imperative that we keep our Swamp Point North site with 24/7 security for insurance liability purposes including preventing theft and property damage; and to keep our mine permits in good standing (ie. monitoring erosion control sys...
Read MoreVancouver, 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 ...
Read MoreVancouver, B.C. – March 14, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").Further to our news release of February 21, 2018; Highbank Resources Ltd., has arranged the balance of $60,000 as budgeted 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 head office expenditures. Approximately $200,000 was budgeted for the bulk samplin...
Read MoreVancouver, 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 ...
Read MoreVancouver, 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 budget...
Read MoreVancouver, B.C. – January 24, 2018 - Highbank Resources Ltd. (TSX.V – "HBK") (the "Company") announces that the TSX Venture Exchange has no objection to the Company amending the terms of its outstanding Convertible Debentures in the amount of $4,000,000. The amendments, among other terms, extend the maturity dates to April 7, 2019 and August 7, 2019, depending on which tranche of loans the lenders originally participated in. Interest will be calculated at the original rate of 10% per annum, pa...
Read MoreVancouver, B.C. – January 18, 2018 - Highbank Resources Ltd. (TSX.V –"HBK"), (the "Company").DMT Geosciences Ltd. (DMT) of Calgary, Alberta, was commissioned by Highbank Resources Ltd., to provide an estimate of the volume of rock material (bedrock) available for aggregate and other rock product production at Highbank’s Swamp Point North Property on the Northwestern British Columbia coast. In 2007 Associated Geosciences Ltd (AGL) of Calgary authored a Technical Report on behalf of Portland Canal...
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