Private Placement Arranged

HIGHLAND RESOURCES INC.

January 13, 2011 Trading Symbol: HI

NEWS RELEASE Private Placement Arranged

Vancouver, B.C. ... Highland Resources Inc. (the “Company”) announces it has arranged a nonbrokered private placement for gross proceeds of up to $1,120,000. The private placement will consist of up to 4,000,000 Units at a price of $0.28 per unit. Each unit is comprised of one common share of Highland and one-half of one transferable common share purchase warrant, each whole warrant exercisable for a period of two years from the date of issue to purchase one common share of Highland at a price of $0.40 per share.

In addition to working capital, the net proceeds of the private placement will be used for general administration expenses and Highland’s ongoing review of potential property transactions. Additionally, the funds will be applied toward continued exploration and corporate activities related to the Company’s interest in the Rickaby Property in the Thunder Bay Mining District.

The private placement is subject to TSX Venture Exchange acceptance and required regulatory approvals. All of the securities issued pursuant to this offering will have a hold period expiring four months after the closing date.

ON BEHALF OF THE BOARD

Signed “Roger Blair”

Roger Blair, President

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-602-4935 Facsimile: 1-604-602-4936 Contact: Roger Blair

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

750 - 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone: (604) 602-4935 Fax: (604) 602-4936