SOURCE: HE-5 Resources, Corp.

October 16, 2006 08:30 ET

HE-5 Resources, Corp. Announces Cash Dividend

NEW YORK, NY -- (MARKET WIRE) -- October 16, 2006 -- HE-5 Resources, Corp. (PINKSHEETS: HRRP) today announced that its Board of Directors has approved a cash dividend on its common shares. The dollar amount of the dividend per share will be declared on October 23, 2006. The dividend will be payable to all shareholders of record at the close of business on November 10, 2006.

About HE-5 Resources, Corp.

HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum.

For more information on HE-5 Resources, Corp. please contact CEO Denyse Raynault at Raynault@he-5resourcescorp.com or visit the Corporate website at www.he-5resourcescorp.com.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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