Vancouver, B.C. – November 2, 2015 - Highbank Resources Ltd. (TSX.V –“HBK”), (the “Company”).

Highbank announces the retirement of Victor N. Bryant as CEO/President of the Company. Victor (Vic) Bryant has

served on the Board of Directors since 2002 and Highbank was particularly fortunate in having Vic available to

bring the Company from a development project in 2012 to a fully operational plant, which suited his skill set

completely. Vic will be available to consult and offer his services for plant expansions, planning and installation of

the downhill conveyor, in addition to any other plant modifications or improvements as required.

The Board wishes to thank Mr. Bryant for his contribution and leadership over the three years of management and

thirteen years of directorship. Vic will remain on the board of directors and is appointed as Chairman of the Board.

Jim Place, P. Geo. appointed as CEO/President

Jim Place has been a director of Highbank since April 2013.

Mr. Place is a professional geoscientist (registered in BC) with more than 30 years of experience in the aggregate,

heavy construction, and engineering fields. He has worked on all phases of aggregate projects from exploration and

permitting through to testing, development, marketing, production and reclamation throughout northern and coastal

British Columbia.

Mr. Place has held positions with government, engineering companies, and environmental consulting companies.

Included are the BC Ministry of Transportation as Gravel Project Manager; Levelton Consultants Ltd. of Richmond,

B.C. as Aggregate Geologist; Uplands Resources Inc. –Vice President Exploration and Quality Control; and ECL

Environment Solutions as Senior Geologist. His experience has centered around rock quarry and gravel pit

evaluations, permitting, product specification, and development planning. He has provided professional analysis and

recommendations for aggregate project development and construction engineering related to civil works and major

infrastructure projects throughout north-western and coastal British Columbia.

Mr. Place received a Bachelor of Science degree in Physical Geography from the University of Victoria (B.C.) in

1983. Mr. Place has been a registered professional geoscientist with the Association of Professional Engineers and

Geoscientists of British Columbia since 1992.

Mr. Place lived and worked in north-western BC until 2004 and has continued to provide consulting services to

projects in the area up to the present. As a result of this and his work in the construction and aggregate business

throughout BC and the west coast of North America, Mr. Place knows many of the senior people involved in the

B.C. northwest region. The Company welcomes his knowledge and experience as we continue to move our Swamp

Point North, Portland Canal, B.C. aggregate project towards full production.

Options

The Company has granted Mr. Place options to purchase 400,000 common shares exercisable at a price of $0.10 for

five years. The stock options will be in accordance with the Company’s Stock Option Plan and subject to regulatory

approval.

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.

“Gary Musil”

Gary Musil,