Highbank completes Loan Agreements

Press Release

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 funds were required for barging, fuel (diesel, gasoline and propane) and supplies for the winter months; as well as administrative costs (legal, accounting, regulatory filing fees, site expediting work, insurance and communication costs).

The loans bear interest at 1.0% per month. In consideration for the loans, the Company has also agreed to issue 400,000 bonus common shares, at a deemed price of $0.05 per share. The loan and issuance of bonus shares are subject to regulatory approval, and pursuant to the agreements will be subject to a four month +1 day hold period from the date of issuance.

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD

“Gary Musil”

Gary Musil,
CFO/Director

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