TSX - "HBK"
12g3-2(b): 82-1508
September 20, 2005
Highbank Resources Ltd. (the “Company”) is arranging a non-brokered private placement of 1,000,000 units at a price of $0.20 per unit. Each unit consists of one common share plus one share purchase warrant to purchase an additional share at $0.30 within one year or $0.40 within the second year from the date of issuance. Finders fees will be payable in relation to this financing.
The funds will be used for the Swamp Point North project development and working capital purposes.
The financing and finders fee are subject to regulatory approvals.
ON BEHALF OF THE BOARD
Gary Musil, Secretary/Director
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