Highbank Updates on Pacific NorthWest LNG and Related Projects

VANCOUVER, BC--(Marketwired - May 05, 2016) - Highbank Resources Ltd. (TSX VENTURE: HBK) (FRANKFURT: V7O) (the "Company") is pleased to report on some of the latest northwest B.C., LNG, and related project news.

In the News:

• Strong First Nations support for pipeline projects for LNG - April 27, 2016 http://ow.ly/4ntlmV

Victoria - Support for the liquefied natural gas industry is growing among First Nations in northern B.C. To date, the Province has signed a total of 62 pipeline benefits agreements with 29 of 32 eligible First Nations that are located along four proposed natural gas pipeline projects: Pacific Trail Pipeline, Coastal GasLink Pipeline Project, Prince Rupert Gas Transmission Project, and the Westcoast Connector Gas Transmission Project.

• Petronas Canada LNG project chief sees investment decision in months - April 29, 2016 by Julie Gordon, Calgary, Alberta (Reuters) http://ow.ly/4ntlvt

Petronas and its partners hope to make a final decision within months on whether to build what could be Canada's first LNG export project.

"Depending on the timing of the CEAA (Canadian Environmental Assessment Agency) decision, we would hope that by late summer or early fall we would be in a position to follow up on (a final investment decision)," Michael Culbert, president of Pacific Northwest LNG, said in a phone interview.

• First National support for Pacific NorthWest LNG growing - April 29, 2016 by Gordon Hoekstra, Vancouver Sun http://ow.ly/4ntlHu

The aboriginal support is instrumental for the project as it awaits a final decision from the CEAA and, ultimately, Prime Minister Justin Trudeau's federal government.

• 1,000-man pipeline camp for Pacific NorthWest LNG approved - April 29, 2016 - Dawson Creek Mirror http://ow.ly/4ntlU5

The 900-kilometre Prince Rupert Gas Transmission would begin in Hudson's Hope and deliver gas to the proposed Pacific NorthWest LNG project in Prince Rupert. A pipeline worker camp that at its peak would house 1,000 workers has the go-ahead from the Peace River Regional District.

The camp, which would be built near Chetwynd in the Pine Pass, would serve as home base for workers building part of TransCanada's 900-kilometre Prince Rupert Gas Transmission project. The camp would be the largest of nine proposed along the pipeline route, ranging in size from 150 to 1000 people.