HE-5 Resources, Corp.

HE-5 Resources, Corp.

October 01, 2009 07:00 ET

HE-5 Resources, Corp Announces That all Binding Conditions Have Been Met, and Final Signing of Private Swiss Bank Acquisition is Scheduled for this Weekend

NEW YORK CITY, NEW YORK--(Marketwire - Oct. 1, 2009) - HE-5 Resources, Corp. (PINK SHEETS:HRRN), today announced that all binding conditions has been met, and final signing of Private Swiss Bank acquisition is scheduled for this weekend.

HE-5 Resources, Corp had announced last week the signing of a letter of intent with private Swiss bank, for vertical integration of the Trading Barter Bank platform, and multi task transactional module for both Merchant Members and individual Trading Members. Management had a long check list of conditional due diligence items to cover and plan was to accomplish the work flow within 30 days.

The work teams have worked efficiently and both corporations' attorney have declared being satisfied with all clauses being covered and conditions met. Therefore, Companies' respective signatories and officers have been requested to be available all weekend for final binding agreements signing session.

Mr. Rick DesOrmeaux appointed Financial Officer declared the followings: "We have worked diligently to obtain a fast track closing in preparation for financial equity availabilities, to serve our needs in current acquisition program. Our long term relationship with Private Swiss Investment Bank has accelerated our term sheet diligence process, and this transaction had been planned for more than a year."

"This represents the turning point and key module of our new and exclusive "Trading Barter Bank" Flagship endeavor. We will have a strong negotiating advantage as financial equity resources are currently available. We will publish more information on the transaction, in our next Monday News letter."

The company has announced three acquisitions in the last week which are meant to complete the Trading Barter Bank (TBB) platform. These three acquisitions were highlighted by the closing of a deal to buy control of a Swiss Private Bank. This private bank has a portfolio of $35,000,000 Euros and will be the financial partner for Trading Barter Bank and TBB's clients.

The acquisition program is still moving ahead and we anticipate closing three more deals. HE-5 Resources, Corp. has deals pending with other public companies in the internet space as well as some private concerns which want to be part of HE-5 Resources, Corp's portfolio of internet properties. The biggest of these transactions could add in excess of $15 million USD in sales.

We are pleased to inform you that our Web Site is available in English, Spanish, and NOW IN FRENCH.

Please visit our corporate web site at: www.tradingbartercorp.com

Or go to: www.he5-resourcescorp.com

New...New...New ...New....and....Now Online "Trading Barter Blog" at www.tradingbarterblog.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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