B.C. Government Announces Four More Proposed LNG Projects at Site "A"-Grassy Point Close to Highbank's Swamp Point North Aggregate Project
Published : April 12, 2013
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Keywords :   Australia | Canada | China | Natural Gas | Oil | Report | Silver | Swamp |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 12, 2013) - Highbank Resources Ltd. (TSX VENTURE:HBK)(FRANKFURT:V7O) (the "Company") is very excited by the latest news regarding four more liquefied natural gas ("LNG") projects proposed, all in the Prince Rupert area. British Columbia's potential LNG production boom just got bigger.

British Columbia's Energy Minister Rich Coleman announced Wednesday that the provincial government has received four "new major international LNG project proposals".

Multinational companies including Nexen, Imperial Oil/ExxonMobil, Woodside Petroleum of Australia and Korea's SK E&S are the latest LNG proponents on a list that already includes Shell, PetroChina, Chevron Canada, BG Group and Petronas.

Nexen is joined in its project by state-owned CNOC-China's largest producer of gas and oil and Japanese petroleum company INPEX.

Woodside is Australia's largest independent oil and gas company and operates six of seven LNG processing facilities on that continent.

Imperial/Exxon is the world's largest international oil and gas company.

The four new proponents emerged in response to a provincial call for expressions of interest to situate facilities on Crown land at Grassy Point, north of Prince Rupert and within 40 miles of Highbank's Swamp Point North, Portland Canal aggregate project. To view a map of all three proposed LNG sites in B.C. from the February 22, 2013 - Globe and Mail -

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/british-columbias-potential-lng-terminals/article8956483/?from=8955271

The construction of these massive LNG plants will require vast amounts of construction aggregates throughout their build.

For further information on this announcement visit our website. To view this front page story in the Vancouver Sun
- April 11, 2013 http://www.vancouversun.com/news/Four+more+projects+proposed/8226268/story.html

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

Victor N. Bryant, CEO/President

Neither the TSX Venture Exchange nor its Regulation Services Provider (s that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Highbank Resources Ltd.
(604) 683-6648
(604) 683-1350 (FAX)
highbank@telus.net
www.highbankresources.com
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Highbank Resources Ltd.

CODE : HBK.V
ISIN : CA42982U1075
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Highbank Res. is a molybdenum exploration company based in Canada.

Highbank Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.8 millions as of today (US$ 1.4 millions, € 1.3 millions).

Its stock quote reached its highest recent level on June 29, 2007 at CA$ 0.81, and its lowest recent point on June 17, 2022 at CA$ 0.01.

Highbank Res. has 119 482 954 shares outstanding.

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Financings of Highbank Resources Ltd.
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1/28/2013Raising $560,000 Financing
Nominations of Highbank Resources Ltd.
4/9/2013Appoints James H. Place, P.Geo. to the Board of Directors
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4/14/2015Swamp Point North Aggregate Plant Is Now Commissioned
4/14/2015Highbank's Swamp Point North Aggregate Plant Is Now Commissi...
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4/14/2015Leave a comment
3/15/2015Highbank reopens website, to post Swamp Point North PEA
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3/13/2015Leave a comment
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3/11/2015Leave a comment
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12/8/2014HIGHBANK YEAR-END UPDATE
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12/8/2014IIROC Trading Resumption - HBK
12/5/2014IIROC Trading Halt - HBK
12/4/2014Video – Swamp Point North Site Conveyor Operational
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11/28/2014Swamp Point North Site Inspection Videos & Images
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1/16/2013& Portland Canal Receives Acceptance for Renewals of Licence...
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