HE-5 Resources Corporation

October 29, 2009 09:43 ET

HE-5 Resources Corp, Announces Management in Negotiation with Merchant Bankers For Major Financial Partnership and License Sale in Eastern Europe

NEW YORK CITY, NEW YORK--(Marketwire - Oct. 29, 2009) - HE-5 Resources, Corp. (PINK SHEET:HRRN), Today announced Management in negotiation with Merchant Bankers for major financial partnership and license sale in Eastern Europe.

Following the announcement of management reviewing potential options for stock buyback, the Company has accelerated "Trading Barter Bank" developments with Eastern Europe Contacts who had been in discussions for purchasing a TBB License for a while.

Our new business associates are specialized in merchant banking and Equity Capital Investments. The license agreement would exceptionally comprise 3 Countries and first option for 3 others. The parties have proposed their involvement in the program and management has received their proposals yesterday and have been exchanging and discussing since then.

Management will continue negotiations and preparing for meetings within the next couple of days. The main objective is to structure a license deal including a stock participation program combined with other management actions regarding the current stock value. The merchant bankers have a large network of broker dealer firms who are very active in the young Eastern Europe Market, and who are favorable to the new internet financial products market.

Mr. Rick DesOrmeaux CFO expressed the followings: "We had planned to be in the Eastern Europe market in spring 2010, but our associates' interest has leaded us to take the opportunity. Secondly we feel that through utilizing the strength of the network, combined with corporate actions will we rapidly gain from this association and provide our shareholders better values. I forecast the potential of this agreement to provide our company a very powerful financial position."

Management will keep the shareholders informed and we invite you to visit our forum at www.unitedbusinesstraders.com and suggest you fill the online registration form to receive member packages.

You can visit our corporate web site at: www.tradingbartercorp.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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