Highbank Resources Seeks Equity Financing to Bring Swamp Point North Into Production

Resource Investing News

Highbank Resources Ltd. (TSXV:HBK) announced that it is currently pursuing equity financing to fund start-up costs to bring its Swamp Point North Aggregate into production. The Swamp Point North project could become a major source of revenue for Highbank Resources.

Highbank Resources Ltd. (TSXV:HBK) announced that it is currently pursuing equity financing to fund start-up costs to bring its Swamp Point North Aggregate project into production. The Swamp Point North project could become a major source of revenue for Highbank Resources.

As quoted in the press release:

The SPNA property is located on tidewater, on the east side of Portland Canal, which is easily accessible by barge and/or ship, ensuring competitive transportation costs to markets. The property is the closest major aggregate deposit approximately 78 miles (125 km) north of the Port of Prince Rupert. The Port of Prince Rupert’s economic impact is significant, and is now the fastest-growing port in North America.

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