HBK Highbank Resources Ltd

Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O), (the "Company").

B.C. and First Nations sign first LNG revenue-sharing agreements:
http://ow.ly/vEFLB 


The revenue-sharing agreements with Lax Kw'alaams and Metlakatla First Nations
share a portion of provincial government revenues from Sole Proponent Agreements
("SPA") related to the Grassy Point lands, and proponents Aurora LNG and
Woodside. The Grassy Point lands have been identified as the potential site for
new LNG export facilities and the SPAs give the proponents the exclusive right
to move forward with activities to inform planning for LNG development.


Victor N. Bryant states that, "cooperative agreements such as these, and our
agreement with the Metlakatla (HBK- Metlakatla nr -November 5, 2012
http://ow.ly/vEFTe ) symbolizes the essential local community engagements that
will see these LNG projects through to completion." 


B.C. Minister of Aboriginal Relations and Reconciliation John Rustad,
comments... "I applaud the vision and commitment of the Lax Kw'alaams and
Metlakatla leadership and their communities. This kind of collaboration with
First Nations will underpin the economic security of their communities now and
in the future and create greater certainty for the First Nations, industry and
government." 


Highbank updates on Swamp Point North, Portland Canal aggregates project:

The Company has achieved another milestone in completing our financial
obligation to the Ministry of Energy and Mines ("MEM") and the people of British
Columbia with this final payment of a total $189,500 for the reclamation
security deposit, as required prior to the Company initialing mobilization to
the project site.


The Company has submitted our Occupant License to Cut ("OLTC") application with
the Ministry of Forest, Lands and Natural Resource Operations "(FLNRO"). Mr.
Stan Spletzer, V.P. of Aggregate Operations has sourced local first nations to
complete the logging upon receipt of the OLTC permit.


The Company has also called for bids for the construction of the 'Load Out'
barge and moorings facility, a key piece of the project for shipping aggregate
to projects at Grassy Point (35 miles south by water), the Port of Prince Rupert
and area infrastructure expansion, and the proposed $11 billion Pacific
Northwest LNG facility proceeding to permit on Lelu Island.


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

Victor N. Bryant, CEO/President

Neither 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.
Gary Musil
CFO/Director
(604) 683-6648
(604) 683-1350 (FAX)
highbank@telus.net
www.highbankresources.com

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