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Highbank Terminates MOU with Hobiyee-Matrix

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Vancouver, B.C. – August 22, 2014 – Highbank Resources Ltd. (TSX.V: HBK), (the “Company”) announces with regret, that Hobiyee –Matrix Logistics and Hobiyee Management Ltd. (“HML”) have decided they no …

Vancouver, B.C. – August 22, 2014 – Highbank Resources Ltd. (TSX.V: HBK), (the “Company”) announces with regret, that Hobiyee –Matrix Logistics and Hobiyee Management Ltd. (“HML”) have decided they no longer wish to continue to work with Highbank Resources Ltd., and as a result the Memorandum of Understanding (“MOU”) announced on May 1, 2014 is mutually terminated. For further details of the original terms of the MOU please review our May 1, 2014 news release.
Termination of this MOU, in no way affects Highbank’ s policy of continuing to maintain its working relationship, with the Metlakatla, and other First Nations in moving forward with the development of Swamp Point North, towards production.

Published in: Investor Relations

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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 & HOBIYEE-MATRIX TERMINATES “MOU” Vancouver, B.C. – August 22, 2014 – Highbank Resources Ltd. (TSX.V: HBK), (the “Company”) announces with regret, that Hobiyee –Matrix Logistics and Hobiyee Management Ltd. (“HML”) have decided they no longer wish to continue to work with Highbank Resources Ltd., and as a result the Memorandum of Understanding (“MOU”) announced on May 1, 2014 is mutually terminated. For further details of the original terms of the MOU please review our May 1, 2014 news release. Termination of this MOU, in no way affects Highbank’ s policy of continuing to maintain its working relationship, with the Metlakatla, and other First Nations in moving forward with the development of Swamp Point North, towards production. 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.