HIGHBANK RESOURCES LTD. ("HBK")BULLETIN TYPE:

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 1, 2016:

    Number of Shares:       1,525,000 shares


    Purchase Price:                                    $0.06 per share


    Warrants:                1,525,000 share purchase warrants to
                             purchase 1,525,000 shares


    Warrant Exercise Price:                $0.10 for a one year period


                                              $0.15 in the second year


    Number of Placees:      7 Placees

Insider / Pro Group Participation:

    Name                            Insider=Y /                                                                                                                             # of Shares
                                    ProGroup=P

    Aggregate Pro Group Involvement P                                                                                                                                           200,000
    [1 Placees]


    Finder's Fee:                                                                                   $2,400 payable to Sherway Contracting (Windsor) Limited (Gary Taveirne)
                                                                                                                      $720 payable to T-Bone Ventures Inc. (Georgia Knight)
                                     $960 payable to PI Financial Corp., with 16,000 warrants exercisable on the same terms as the warrants issued in the private placement

The Company issued a news release on September 27, 2016 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.