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Hbk nr aug.20. 14 finalizes barge load-out and piling contract other

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Hbk nr aug.20. 14 finalizes barge load-out and piling contract other

Hbk nr aug.20. 14 finalizes barge load-out and piling contract other

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  • 1. #600 – 625 Howe Street Vancouver, B.C. V6C 2T6 Ph: (604) 683-6648 Fax: (604) 683-1350 E-Mail: highbank@telus.net www.highbankresources.com NEWS RELEASE TSX.V:HBK Frankfurt: V7O HIGHBANK FINALIZES BARGE LOAD-OUT AND PILING CONSTRUCTION CONTRACT Vancouver, B.C. – August 20, 2014 – Highbank Resources Ltd. (TSX.V: HBK), (the “Company”) is pleased to announce that a contract has been finalized with Foresight Innovations Ltd. (“Foresight”) of Victoria, B.C. Foresight has been contracted to drive the pilings and complete the infrastructure for the company’s barge load-out facility at Swamp Point North. Foresight has 20+ years of experience in various types of installations. They specialize in foundations, pilings, heavy construction ( ie. Pilings from 2” to 48” diameter, cranes from 15 – 230 tons); and creative, cost effective solutions. Demand for Foresight’s services have extended from Northern Ontario, Alberta oil sands, Alaska, Pacific Ocean maritime projects, and as far East as Vietnam. Work is expected to commence at the foreshore site this month with completion anticipated in 2-3 weeks. Following the completion of the piling work the conveyor sections will be installed. This will complete the barge loading facility giving the company its vital marine link and ability to supply construction aggregates to any of the proposed and ongoing construction projects at the Port of Prince Rupert, Grassy Point, or other coastal installation (pipeline, LNG) requirements. This facility gives Highbank a distinct competitive advantage in transportation costs over traditional trucking. It would take over 50 tandem truck loads to deliver the same volume of material as our smallest barge load. On Behalf of the Board of Directors of HIGHBANK RESOURCES LTD. “Victor N. Bryant” Victor N. Bryant, CEO/President 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 news release.