Mr. Gary Musil reports

Further to the TSX Venture Exchange bulletin dated April 25, 2013, Highbank Resources Ltd. has completed the third and final tranche of the non-brokered private placement for 750,000 units at eight cents for gross proceeds of $60,000. Each unit will consist of one common share and one two-year transferable share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share of the company for a period of two years at a price of 15 cents per share.

All securities issued under the third tranche are subject to a hold period expiring on Aug. 26, 2013.

The financing will be subject to TSX-V acceptance.

The company will use the funds to continue development of the Swamp Point North aggregate project and for working capital.