Highbank Resources Ltd. signed a memorandum of understanding with Hobiyee Management-Matrix Logistics and Hobiyee Management Ltd. to outline their relationship and agreements moving forward. This includes Highbank utilizing local services and facilitating a relationship with the Nisga'a Village of Gingolx. Highbank also received approval from Fisheries and Oceans Canada to construct a barge loading facility for their aggregate project and confirmation from the Canadian Coast Guard that Nisga'a has no issues with barging activity. The company also granted stock options to consultants.