West Fraser Commits to High Bank to Purchase 100,000 Tonnes of Aggregate

Highbank Resources Ltd.(TSXV:HBK) announced that it has received the first commitment from West Fraser Concrete Ltd. to purchase aggregate.

As quoted in the press release:

Highbank Resources Ltd. has received its first commitment from West Fraser Concrete Ltd. to purchase 100,000 tonnes of aggregate from its Portland Canal Swamp Point North deposit.

Highbank, President, Jake Bottay, said:

We are very pleased with this first commitment to purchase agreement, spearheaded by our Vice President of Aggregate Operations – Stan Spletzer. We are actively moving forward on our permitting approval process and anticipate shipping our first orders in the 2nd half of 2012.

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