Highbank announces the retirement of Victor N. Bryant as CEO/President of the Company. Victor (Vic) Bryant has served on the Board of Directors since 2002 and Highbank was particularly fortunate in having Vic available to bring the Company from a development project in 2012 to a fully operational plant, which suited his skill set completely. Vic will be available to consult and offer his services for plant expansions, planning and installation of the downhill conveyor, in addition to any other plant modifications or improvements as required.

The Board wishes to thank Mr. Bryant for his contribution and leadership over the three years of management and thirteen years of directorship. Vic will remain on the board of directors and is appointed as Chairman of the Board.

Jim Place, P. Geo. appointed as CEO/President

Jim Place has been a director of Highbank since April 2013.

Mr. Place is a professional geoscientist (registered in BC) with more than 30 years of experience in the aggregate, heavy construction, and engineering fields. He has worked on all phases of aggregate projects from exploration and permitting through to testing, development, marketing, production and reclamation throughout northern and coastal British Columbia.

Mr. Place has held positions with government, engineering companies, and environmental consulting companies. Included are the BC Ministry of Transportation as Gravel Project Manager; Levelton Consultants Ltd. of Richmond, B.C. as Aggregate Geologist; Uplands Resources Inc. -Vice President Exploration and Quality Control; and ECL Environment Solutions as Senior Geologist. His experience has centered around rock quarry and gravel pit evaluations, permitting, product specification, and development planning. He has provided professional analysis and recommendations for aggregate project development and construction engineering related to civil works and major infrastructure projects throughout north-western and coastal British Columbia.

Mr. Place received a Bachelor of Science degree in Physical Geography from the University of Victoria (B.C.) in 1983. Mr. Place has been a registered professional geoscientist with the Association of Professional Engineers and Geoscientists of British Columbia since 1992.

Mr. Place lived and worked in north-western BC until 2004 and has continued to provide consulting services to projects in the area up to the present As a result of this and his work in the construction and aggregate business throughout BC and the west coast of North America Mr. Place knows many of the senior people involved in the B.C. northwest region. The Company welcomes his knowledge and experience as we continue to move our Swamp Point North, Portland Canal, B.C. aggregate project towards full production.