TSX - "HBK"
12g3-2(b): 82-1508
February 1, 2005
Highbank Resources Ltd. (“HBK”) is pleased to announce that 911,000 outstanding warrants at a price of $ 0.27 have been exercised for a total of $ 245,970.
The company is proceeding with further pre-feasibility work on the Swamp Point North Aggregate property.
OTHER
The company has granted 175,000 incentive stock options to directors,
under it’s Stock Option Plan for a period of two years at a price of $0.20
per share.
ON BEHALF OF THE BOARD
Gary Musil, Secretary/Director
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