Highbank Comments On B.C. Legislature Session To Enable Malaysian Government Controlled Petronas and Partners $36 Billion PNW LNG Project

Vancouver, B.C. – Highbank Resources Ltd. (the “Company”), TSX Venture: HBK. In the News: – LNG Canada Development Inc. (Shell, PetroChina,Mitsubishi Corp. and Korea Gas Corp.) file LNG export Super Permit for Kitimat, B.C., Canada – B.C. LNG Government Ministerial commentary from Finance Minister, Mike de Jong and Deputy Premier, Rich Coleman Victor N. Bryant, CEO/President comments: “The B.C. legislature has been recalled for a rare summer session to enact the enabling legislation for Petronas, PNW LNG $36 Billion project at Prince Rupert, B.C. and the 20 other LNG proposals. Premier Christy Clark’s government will openly debate in the Legislature an agreement that locks in the status quo on three taxes that apply to the sector for the next 25 years:” the LNG income tax enacted by the legislature last year, the natural gas credit on corporate income taxes, the carbon tax. A similar lock-in would apply to greenhouse gas regulations B.C. Finance Minister, Mike de Jong,
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