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VANCOUVER, BC
--(Marketwired - December 08, 2014) - Highbank Resources Ltd. (the "Company"), (TSX VENTURE: HBK).

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Victor N. Bryant, CEO/President comments, "I have received communication from North Coast Concrete that they are shutting down their concrete/cement plant early for the holiday break and have postponed receipt of the first barge loads of aggregate which Highbank was preparing to ship from Swamp Point North ("SPN") to their plant in the Port of Prince Rupert before mid month. North Coast Concrete expect to resume operations on/or before February 2015."

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"Although the Company is disappointed at the loss of the opportunity to commission the complete operating cycle, it affords us the chance to concentrate on expanding the site development for full production early next year."

Vic Bryant comments that despite many difficulties the SPN project has encountered during construction and commissioning, crews have been diligent in making ready the SPN Quarry for production. "I am a very pleased to announce that our vital commercial link -- the Barge loading facility has now been commissioned. (Video Link: http://ow.ly/FvmYF">http://ow.ly/FvmYF. Mayor Lee Brain indicated the funds would help city finances and infrastructure decay. Further update to 2014-11-25 news release of zoning for "Man Camps" Council decided to pass the motion to amend Prince Rupert's Official Community Plan to allow for the new zonings of the land, allowing the next phase of exploration to begin.
This news is well received by Highbank, as this LNG site is yet another potential major location for sales of the Company's construction aggregates.


Aurora LNG in joint venture between Nexen Energy ULC (a CNOOC Limited company), INPEX Corporation and JGC Exploration Canada Ltd

. The Province of British Columbia had initiated correspondence with the Canadian Environment Assessment Agency (" CEAA") regarding the Aurora proposal, highlighting the request from CNOOC/Nexen to add consideration of a potential substitution LNG terminal location for Digby Island (Port of Prince Rupert) from the previous Grassy Point Site. Maps and proposals available here >http://ow.ly/FvkLq. Excerpt: TD Securities Inc. analyst Scott Treadwell said, "We believe that the deferral is more of a negotiating tool than a reassessment of the viability of the project."


European Sub-sea Pipe laying corp


orate


meeting:


On a longer term basis Highbank have provided provisional specifications to a European Company who are bidding on the undersea portion of the pipeline to Prince Rupert. This bid is unrelated to the Petronas LNG.


New business - early warning guidance:


Highbank has been approached and is in negotiations for an ex-provincial multi-million ton aggregate order. Further information will be released as a Letter of Intent or agreement is signed.





Summary:


Re-capping the progress Highbank Resources has made over the last year is impressive. The Company has moved from exploration/development to a production facility. Highbank has obtained permits from all Government Departments to construct the Swamp Point North site. The approvals include good relations and on-going cooperation with the affected and involved First Nations. The equipment and plant have all been purchased, the site has been developed, and a significant loading facility constructed and commissioned. Having achieved this, we now anticipate that 2015 will be a year in which our efforts return revenue cash inflows.

On behalf of the Board of Directors of HIGHBANK RESOURCES LTD.



"Victor N. Bryant"


Victor N. Bryant, CEO/President

This News Release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.


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 release.




FOR FURTHER INFORMATION PLEASE CONTACT:









Highbank Resources Ltd.
#600 - 625 Howe Street
Vancouver, B.C. V6C 2T6
Ph: (604) 683-6648
Fax: (604) 683-1350
E-Mail: highbank@telus.net
Website:www.highbankresources.com