<FONT FACE="Arial" SIZE=2><P ALIGN="CENTER">AS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION ON FEBRUARY 22, 2008</P>
<P ALIGN="RIGHT">Registration No. 333-___________</P>
<P ALIGN="CENTER">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</P>
</FONT><B><FONT FACE="Arial"><P ALIGN="CENTER">FORM S-1</P>
</B></FONT><FONT FACE="Arial" SIZE=2><P ALIGN="CENTER">Registration Statement<BR>
Under the Securities Act of 1933</P>
</FONT><B><FONT FACE="Arial" SIZE=5><P ALIGN="CENTER">SUNGRO MINERALS INC.</B></FONT><FONT FACE="Arial" SIZE=2><BR>
(Exact name of Registrant as specified in its charter)</P></FONT>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=609>
<TR><TD WIDTH="31%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2><P ALIGN="CENTER"><BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(State or Other Jurisdiction of Incorporation or Organization)</FONT></TD>
<TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2><P ALIGN="CENTER"><BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>(Primary Standard Industrial Classification Code Number)</FONT></TD>
<TD WIDTH="31%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2><P ALIGN="CENTER"><BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;98-0546544&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(I.R.S. Employer <BR>
Identification No.)</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT FACE="Arial" SIZE=2><P ALIGN="CENTER">Suite 2008<BR>
7445 - 132<SUP>nd</SUP> Street <BR>
Surrey, British Columbia<BR>
Canada V3W 5S8<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telephone No.: (604) 681-3611&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>(Address and telephone number of principal executive office)</P>
<P ALIGN="CENTER">Business First Formations, Inc.<BR>
3990 Warren Way<BR>
Reno, Nevada<BR>
USA 89509<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telephone No.: (775) 338-2598&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(Name, address and telephone number of agent for service)</P>
<P ALIGN="CENTER">Copies of all communications, including all communications
sent<BR>
to the agent for service, should be sent to:</P>
<P ALIGN="CENTER">Fraser and Company LLP<BR>
999 West Hastings Street, Suite 1200<BR>
Vancouver, British Columbia<BR>
Canada V6C 2W2 <BR>
Telephone No.: (604) 669-5244<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Facsimile No.: (604) 669-5791&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</U><P>Approximate date of proposed sale to the public: As soon as practicable
after this Registration Statement becomes effective.</P>
<P ALIGN="JUSTIFY">If any of the securities being registered on this Form are to
be offered on a delayed or continuous basis pursuant to Rule 415 under the
Securities Act of 1933, check the following box. [x]</FONT></P>

<FONT FACE="Arial" SIZE=2>
<P ALIGN="JUSTIFY">If this Form is filed to register additional securities for
an offering pursuant to Rule 462(b) under the Securities Act, check the
following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering. <FONT FACE="Wingdings">
r</FONT>
</P>
<P ALIGN="center">1<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<P ALIGN="JUSTIFY">If this Form is a post-effective amendment filed pursuant to
Rule 462(c) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering. <FONT FACE="Wingdings">r</FONT>
</P>
<P ALIGN="JUSTIFY">If this Form is a post-effective amendment filed pursuant to
Rule 462(d) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering. <FONT FACE="Wingdings">r</FONT>
</P>
<P ALIGN="JUSTIFY">Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See definitions of &quot;large accelerated filer,&quot; &quot;accelerated
filer,&quot; and &quot;smaller reporting company&quot; in Rule 12b-2 of the Exchange Act.
(Check one):</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="54%" VALIGN="TOP"><DIR>

<FONT FACE="Arial" SIZE=2>
<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0">Large accelerated
filer <FONT FACE="Wingdings">r</FONT>
</DIR>
</FONT></TD>
<TD WIDTH="46%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2>
<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0">Accelerated filer <FONT FACE="Wingdings">
r</FONT>
</FONT></TD>
</TR>
<TR><TD WIDTH="54%" VALIGN="TOP"><DIR>

<FONT FACE="Arial" SIZE=2>
<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0">Non-accelerated filer <FONT FACE="Wingdings">
r</FONT>
</DIR>
</FONT></TD>
<TD WIDTH="46%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2>
<P ALIGN="JUSTIFY" style="margin-top: 0; margin-bottom: 0">Smaller reporting
company [x]</FONT></TD>
</TR>
<TR><TD WIDTH="54%" VALIGN="TOP">
<FONT FACE="Arial" SIZE=2><P ALIGN="JUSTIFY">(Do not check if a smaller
reporting company)</FONT></TD>
<TD WIDTH="46%" VALIGN="TOP">&nbsp;</TD>
</TR>
</TABLE>

<FONT FACE="Arial" SIZE=2><P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="CENTER">Calculation Of Registration Fee</P></FONT>
<div align="center">
	<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

			<tr>
				<td width="19%" valign="bottom" style="width:19.4%;border:solid windowtext .5pt;
   padding:0in 5.4pt 0in 5.4pt">
				<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center">
				<font face="Arial" size="2">Title of Each Class of Securities to
				be Registered</font></td>
				<td width="19%" valign="bottom" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
				<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center">
				<font face="Arial" size="2">Amount to be Registered</font></td>
				<td width="19%" valign="bottom" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
				<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center">
				<font face="Arial" size="2">Proposed Maximum Offering Price per
				Share</font></td>
				<td width="22%" valign="bottom" style="width: 22.38%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
				<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center">
				<font face="Arial" size="2">Proposed Maximum Aggregate Offering
				Price</font></td>
				<td width="19%" valign="bottom" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
				<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center">
				<font face="Arial" size="2">Amount of Registration Fee</font></td>
			</tr>

		<tr>
			<td width="19%" valign="top" style="width: 19.4%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center">
			<font face="Arial" size="2">Common</font></td>
			<td width="19%" valign="top" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center">
			<font face="Arial" size="2">4,750,000</font></td>
			<td width="19%" valign="top" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center">
			<font face="Arial" size="2">$0.10</font></td>
			<td width="22%" valign="top" style="width: 22.38%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center">
			<font face="Arial" size="2">$475,000 </font></td>
			<td width="19%" valign="top" style="width: 19.4%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center">
			<font face="Arial" size="2">$18.67 </font></td>
		</tr>
	</table>
</div>

<FONT FACE="Arial" SIZE=2><P ALIGN="JUSTIFY">Up to 4,750,000 shares of our
common stock may be sold by the selling shareholders to the public at a fixed
price of $0.10 per share until such time as the shares of our common stock are
quoted on the NASD Over-the-Counter Bulletin Board (&quot;OTCBB&quot;) or listed on an
exchange. Although we intend to apply for quotation of our common stock on the
OTCBB, public trading of our common stock may never materialize. If our common
stock becomes quoted on the OTCBB, then the sale price to the public will vary
according to prevailing market prices or privately negotiated prices by the
selling shareholders.</P>
<P ALIGN="JUSTIFY">The Company hereby amends this registration statement on such
date or dates as may be necessary to delay its effective date until the Company
shall file a further amendment which specifically states that this registration
statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the registration statement shall become
effective on such date as the Commission, acting pursuant to said Section 8(a),
may determine.</P>
<P ALIGN="CENTER">(COVER CONTINUED ON FOLLOWING PAGES)</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">&nbsp;</P>
<P ALIGN="CENTER">2</P>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<B><P ALIGN="CENTER">Prospectus, Subject to Completion, Dated ________________ ,
2008</P>
</B>
</FONT>
<B><FONT FACE="Arial" SIZE=5><P ALIGN="CENTER">Sungro Minerals Inc.<BR>
</B></FONT><FONT FACE="Arial" SIZE=2>4,750,000 shares of Common Stock at $0.10
per share</P>
<P ALIGN="JUSTIFY">This prospectus relates to the resale, from time to time, of
up to 4,750,000 shares of our common stock by the selling shareholders named in
the &quot;Selling Shareholders&quot; section of this prospectus. Sungro Minerals Inc. will
not receive any proceeds from this offering and has not made any arrangements
for the sale of these securities. See &quot;Risk Factors&quot; commencing on page 2 for a
full discussion of the risks involved in this offering.</P>
<p class="MsoNormal">&nbsp;</p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="14%" valign="bottom" style="width:14.92%;border:solid windowtext .5pt;
   padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
   3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
			<td width="26%" valign="bottom" style="width: 26.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><b><font size="2">
			Offering Price</font></b></td>
			<td width="29%" valign="bottom" style="width: 29.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><b><font size="2">
			Commissions</font></b></td>
			<td width="28%" valign="bottom" style="width: 28.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><b><font size="2">
			Proceeds to Selling Shareholders</font></b></td>
		</tr>

	<tr>
		<td width="14%" valign="top" style="width: 14.92%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><b><font size="2">Per Share</font></b></td>
		<td width="26%" valign="top" style="width: 26.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">$0.10</font></td>
		<td width="29%" valign="top" style="width: 29.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">n/a</font></td>
		<td width="28%" valign="top" style="width: 28.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">$0.10</font></td>
	</tr>
	<tr>
		<td width="14%" valign="top" style="width: 14.92%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><b><font size="2">Total</font></b></td>
		<td width="26%" valign="top" style="width: 26.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">$475,000
		</font></td>
		<td width="29%" valign="top" style="width: 29.86%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">n/a</font></td>
		<td width="28%" valign="top" style="width: 28.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">$475,000
		</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The
information in this prospectus is not complete and may be changed.&nbsp; We may amend
or supplement this prospectus from time to time by filing amendments or
supplements as required.&nbsp; You should read the entire prospectus and any
amendments or supplements carefully before you make your investment decision.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">This
prospectus is not an offer to sell our securities and it is not soliciting an
offer to buy our securities in any state where the offer or sale is not
permitted.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Neither the
Securities and Exchange Commission nor any state securities commission has
approved or disapproved of these securities or passed upon the accuracy or
adequacy of the prospectus.&nbsp; Any representation to the contrary is a criminal
offence.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
3</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="text-align:center"><b>TABLE OF
CONTENTS </b></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">

		<tr>
			<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
   2.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
			<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
   margin-bottom:2.0pt;margin-left:0in;text-align:center"><u><font size="2">Page</font></u></td>
		</tr>

	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">PROSPECTUS SUMMARY</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">6</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">THE OFFERING</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">6</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">SUMMARY FINANCIAL INFORMATION</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">7</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">RISK FACTORS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">8</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">FORWARD-LOOKING STATEMENTS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">11</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">USE OF PROCEEDS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">12</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">DETERMINATION OF OFFERING PRICE</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">12</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">DILUTION</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">12</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">SELLING SHAREHOLDERS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">13</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">PLAN OF DISTRIBUTION</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">16</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">LEGAL PROCEEDINGS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">19</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS
		AND CONTROL PERSONS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">19</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Executive Officers And Directors</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">19</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Executive Compensation</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">20</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Summary Compensation Table Long-Term
		Compensation Awards</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">20</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Significant Personnel</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">21</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Committees Of The Board Of Directors</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">21</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Code Of Ethics</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">21</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Involvement In Certain Legal
		Proceedings</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">21</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
		OWNERS AND MANAGEMENT</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">21</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">DESCRIPTION OF CAPITAL STOCK</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">22</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Common Stock</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">22</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Preferred Stock</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Dividend Policy</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Share Purchase Warrants</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Options</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Convertible Securities</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Nevada Anti-Takeover Laws</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Combinations With Interested
		Stockholders</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">INTERESTS OF NAMED EXPERTS AND COUNSEL</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">23</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">LEGAL MATTERS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">24</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">EXPERTS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">24</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">MARKET FOR COMMON EQUITY AND RELATED
		STOCKHOLDER MATTERS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">24</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">No Public Market For Common Stock</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">24</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">New Rule 144</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">24</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Penny Stock Regulation</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">25</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Holders</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">25</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Dividends</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">25</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Disclosures of Commission Position on
		Indemnification for Securities Act Liabilities</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">25</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">TRANSACTIONS WITH RELATED PERSONS </font>
		</td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">25</font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
4</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">

		<tr>
			<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
   2.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
			<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
   margin-bottom:2.0pt;margin-left:0in;text-align:center"><u><font size="2">Page</font></u></td>
		</tr>

	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">BUSINESS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">26</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">History And Organization</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">26</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Property Option Agreement</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">26</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Summary Report on Properties</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">27</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Recommended Exploration Program</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">27</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Geological Exploration Program</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">27</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Canadian Mining Law</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">28</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Location, Access, Topography and
		Climate</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">28</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">History of the Property</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">29</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Previous Work</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">29</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Current Work</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">29</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Conclusions and Recommendations</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">29</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Geological And Technical Staff</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">30</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Competitive Factors</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">30</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Location Challenges</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">30</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Regulations</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">30</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Environmental Factors</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">31</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Employees</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">31</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">PLAN OF OPERATIONS</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">31</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Results Of Operations For Period Ending
		November 30, 2007 </font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">33</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Liquidity And Capital Resources</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">33</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:.2in"><font size="2">Description Of Property</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">33</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">AVAILABLE INFORMATION</font></td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">33</font></td>
	</tr>
	<tr>
		<td width="92%" valign="top" style="width:92.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:
  2.0pt;margin-left:0in"><font size="2">INDEX TO FINANCIAL STATEMENTS </font>
		</td>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="margin-top:2.0pt;margin-right:0in;
  margin-bottom:2.0pt;margin-left:0in;text-align:center"><font size="2">35</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>You should
rely only on the information contained in this prospectus and in any
accompanying prospectus supplement.&nbsp; We have not, and the Selling Shareholders
have not, authorized anyone to provide you with information different from the
information contained in this prospectus.&nbsp; The information in this prospectus is
accurate only as of the date of this prospectus, regardless of when this
prospectus is delivered or when any sale of our common stock occurs.</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
5</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="text-align:center"><b>Prospectus
Summary</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The following
summary highlights selected information contained in this prospectus.&nbsp; This
summary does not contain all the information you should consider before
investing in the securities.&nbsp; Before making an investment decision, you should
read the entire prospectus carefully, including the &quot;RISK FACTORS&quot; section, the
financial statements and the notes to the financial statements.&nbsp; As used
throughout this prospectus, the terms &quot;Sungro&quot;, the &quot;Company&quot;, &quot;we,&quot; &quot;us,&quot; and
&quot;our&quot; refer to Sungro Minerals Inc.&nbsp; All dollar amounts in this prospectus are
in U.S. dollars unless otherwise stated.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro
Minerals Inc. was incorporated under the laws of the State of Nevada on August
10, 2007. In connection with the organization of our Company, the founding
shareholder of our Company contributed an aggregate of $5,000 cash in exchange
for a total of 5,000,000 shares of common stock. We have not commenced active
business operations.&nbsp; As of the date hereof, all our cash has been raised from
the issuance of securities.&nbsp; We are a &quot;shell company&quot; as defined under Rule 405
of the Securities Act and Rule 12b-2 of the Exchange Act.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are an
exploration stage company that recently acquired our mineral property.&nbsp;
Presently, our business plan is to explore for minerals on our mineral
property.&nbsp; Our only property (the &quot;Chevron Property&quot; or &quot;Chevron Claims&quot;)
consists of three mineral claims covering 1,132.97 hectares (2,799.63 acres)
located in the Tatsamenie Lake area, 87 miles (140 km) south of the town of
Atlin Lake, in northern British Columbia.&nbsp; We intend to explore for gold, silver
and copper on our property.&nbsp; There can be no assurance that valuable gold,
silver or copper deposits exist on our property until proper geological work and
analysis is performed.&nbsp; Our property has no proven or probable mineral
reserves.&nbsp; We have a Property Option Agreement to acquire a 100% interest in and
to three mineral claims called the Chevron Property by paying a total of
$100,000 in cash over four years to Mr. Carl von Einsiedel, the registered owner
of the Chevron Claims.&nbsp; As of the date hereof, $2,438 (CAD$2,500) has been paid
to Mr. von Einsiedel.&nbsp; Further, we are required to maintain the claims in good
standing with the Mineral Titles Branch of British
Columbia.&nbsp; The claims will expire on June 20, 2009, unless we spend at least
$4,532 (CAD$4,532) on the claims and file an assessment report with the B.C.
Mineral Titles Branch before June 20, 2009, or by paying approximately $4,532 to
the B.C. Mineral Titles Branch before June 20, 2009.&nbsp; The Chevron
Property is subject to a 2% Net Smelter Royalty interest payable to Mr. von
Einsiedel.&nbsp; We may purchase in the aggregate up to 50% of the NSR interest
(representing a 1% NSR) for $1,000,000 at any time.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our
administrative office is located at 7445 - 132<sup>nd</sup> Street, Suite 2008,
Surrey, British Columbia, Canada, V3W 5S8, telephone (604) 681-3611.&nbsp; Our
registered office is located at 999 West Hastings Street, Suite&nbsp;1200, Vancouver,
British Columbia, Canada&nbsp; V6C 2W2.&nbsp; Our fiscal year end is November 30.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<a name="_Toc156803428"><b>The Offering</b></a><b> </b></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Securities
		Being Offered</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">Up to 4,750,000 shares of our common stock held by the
		selling shareholders named in this prospectus.</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Offering
		Price and Plan of Distribution</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">The selling shareholders named in this prospectus will
		sell the 4,750,000 shares of our common stock offered under this
		prospectus at an offering price of $0.10 per share unless the offered
		shares are quoted on the over-the-counter bulletin board. We intend to
		apply to the over-the-counter bulletin board to allow for the trading of
		our common stock when we become a reporting entity under the Securities
		Exchange Act of 1934. If our common stock becomes so traded and a market
		for the stock develops, the actual price of our stock will be determined
		by prevailing market prices at the time of sale or by private
		transactions negotiated by the selling shareholders named in this
		prospectus. The offering price would thus be determined by market
		factors and the independent decisions of the selling </font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
6</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">shareholders named in this prospectus. </font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Minimum
		number of Shares to be sold in this Offering</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">None.</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Securities
		issued and to be issued</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">9,750,000 shares of our common stock are issued and
		outstanding as of the date of this prospectus.&nbsp; All of the 4,750,000
		shares to be sold under this prospectus will be sold by existing
		shareholders.</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="27%" valign="top" style="width:27.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Use of
		Proceeds</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">&nbsp;</font></td>
		<td width="61%" valign="top" style="width:61.52%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
		<font size="2">We will not receive any proceeds from the sale of the
		common stock offered through this prospectus by the selling
		shareholders.</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="91%" colspan="6" valign="top" style="width:91.2%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
		<b><font size="2">Summary Financial Information</font></b></td>
		<td style="border: medium none; padding: 0in" width="0%">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="31%" colspan="5" valign="top" style="width:31.0%;border:none;
  border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
		<font size="2">As of Fiscal Year <br>
		Ended November 30, 2007</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Balance
		Sheet Data:</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width: 6.88%; border: medium none; padding: 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;border:none;border-top:solid windowtext .5pt;
  padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="10%" valign="top" style="width:10.32%;border:none;border-top:solid windowtext .5pt;
  padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;border:none;
  border-top:solid windowtext .5pt;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width: 34.62%; border: medium none; padding: 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Working
		Capital </font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">$</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">73,605</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Total
		Assets</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">$</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">91,769</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Total
		Liabilities</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">$</font></td>
		<td width="10%" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">18,164</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">
		Shareholder's Equity </font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">$</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">73,605</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;border:none;border-bottom:
  solid windowtext .5pt;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Statement
		of Operations Data:</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width: 34.62%; border: medium none; padding: 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Revenue</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="10%" valign="top" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">NIL</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Total
		Expenses</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">$</font></td>
		<td width="10%" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">26,395</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="8%" valign="top" style="width:8.58%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="34%" valign="top" style="width:34.62%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Net Income
		(Loss)</font></td>
		<td width="25%" valign="top" style="width:25.8%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.88%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width:3.44%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">($</font></td>
		<td width="10%" style="width:10.32%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">26,395</font></td>
		<td width="10%" colspan="2" valign="top" style="width:10.34%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">)</font></td>
	</tr>
	<tr height="0">
		<td width="54" style="border:none">&nbsp;</td>
		<td width="216" style="border:none">&nbsp;</td>
		<td width="161" style="border:none">&nbsp;</td>
		<td width="43" style="border:none">&nbsp;</td>
		<td width="22" style="border:none">&nbsp;</td>
		<td width="65" style="border:none">&nbsp;</td>
		<td width="63" style="border:none">&nbsp;</td>
		<td width="1" style="border:none"></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>INVESTMENT
IN OUR COMPANY INVOLVES SIGNIFICANT RISKS BECAUSE OUR MINERAL CLAIMS ARE AT THE
EXPLORATION STAGE AS OPPOSED TO THE DEVELOPMENT STAGE.&nbsp; OUR MINERAL CLAIMS DO
NOT HAVE A KNOWN BODY OF COMMERCIAL ORE.&nbsp; THE COMPANY WILL NOT BE RAISING ANY
FUNDS IN THIS OFFERING.&nbsp; THE COMPANY WILL USE AVAILABLE WORKING CAPITAL TO
CONDUCT A PHASE 1 EXPLORATION PROGRAM, CONSISTING OF MAPPING AND PROSPECTING AT
AN ESTIMATED COST OF $15,000 (CAD$15,000) AND A PHASE&nbsp;2 PROGRAM CONSISTING OF A
GROUND GEOPHYSICAL SURVEY AT AN ESTIMATED COST OF $15,000 TO $20,000.&nbsp; IF
FAVOURABLE RESULTS ARE OBTAINED FROM PHASE 1 AND PHASE 2, A PHASE 3 SELECTIVE
DRILLING PROGRAM WILL BE CONDUCTED.&nbsp; WE CANNOT ANTICIPATE THE COST FOR PHASE 3
UNTIL AFTER PHASE 1 IS COMPLETED.&nbsp; WE PRESENTLY HAVE THE FUNDS TO CONDUCT ONLY
PHASE 1.&nbsp; WE DO NOT HAVE THE FUNDS TO CONDUCT PHASE 2 AND PHASE 3.&nbsp; WE WILL NEED
TO RAISE ADDITIONAL MONEY BY PRIVATE PLACEMENTS TO MEET ANY FUTURE FUNDING
REQUIREMENTS.&nbsp; WE ARE ALSO CONSIDERED </b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
7</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>A SHELL
COMPANY AS DEFINED BY RULE 405 OF THE SECURITIES ACT AND EXCHANGE ACT RULE 12B-2
BECAUSE WE HAVE NOMINAL OPERATIONS AND NOMINAL ASSETS.</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Risk Factors</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There is no
assurance that our business will be profitable. We must conduct exploration to
determine what amount, type and quality of minerals, if any, existing on our
property. We do not claim to have any reserves whatsoever at this time on any of
our claims.&nbsp; An investment in our common stock involves a high degree of risk.&nbsp;
You should carefully consider the risks described below and the other
information in this prospectus before investing in our common stock.&nbsp; If any of
the following risks occur, our business, operating results and financial
condition could be seriously harmed.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>We are a recently organized business and you cannot evaluate the
investment merits of our Company because we have no operating history.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our Company is
only recently organized with no operating history, which makes it difficult to
evaluate the investment merits of our Company.&nbsp; Our Company was organized on
August 10, 2007 and is a start-up company.&nbsp; We have no operating history and we
do not have any business prior to our organization.&nbsp; As of November 30, 2007, we
incurred total expenses of $26,395.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc153009729"><b>We may not be able to continue as a going concern if
we do not obtain additional financing.</b></a><b> </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Because of our
lack of sufficient funds and short operating history incurring only expenses,
and no revenues, our independent accountants' audit report states that there is
substantial doubt about our ability to continue as a going concern. Our
independent auditor in their audit report have stated that we incurred only
losses since our inception raising substantial doubt about our ability to
continue as a going concern.&nbsp; Therefore, our ability to continue as a going
concern is highly dependent upon obtaining additional financing for our planned
operations.&nbsp; As of the date hereof, all our cash has been raised from the
issuance of securities.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc153009730"><b>If we do not obtain additional financing, our
business will fail because we cannot fund our planned exploration program.</b></a></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In order for
us to perform any further exploration program, we will need to obtain additional
financing. As of November 30, 2007, we had cash in the amount of $91,769.&nbsp; We
currently do not have any operations and we have no income. Our business plan
calls for incurring additional expenses in connection with magnetic and
radiometric surveys, systematic surface sampling and a drilling campaign, which
would define the targets acquired during the geophysical surveys and sampling
campaign.&nbsp; We have sufficient funds only to carry out this first phase of our
exploration program. We do not have the funds to conduct a further exploration
program, if one is called for. We are not reserving any of our cash for
additional exploration programs.&nbsp; If our exploration programs are successful in
discovering ore of commercial tonnage and grade, we will require additional
funds in order to place the Chevron Claims into commercial production. We
currently do not have any arrangements for financing and we may not be able to
obtain financing when required. Obtaining additional financing would be subject
to a number of factors, including the market price for gold, silver, copper,
base and precious metals and the cost of exploring for these minerals. These
factors may make the timing, amount, terms or conditions of additional financing
unavailable to us.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Because our
sole executive officer and director does not have formal training specific to
the mining industry, there is a higher risk our business will fail.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Mal Bains,
our sole executive officer and director, does not have any formal training as a
geologist, or in the technical aspects of management of a company specializing
in mining and exploration for base and precious metals.&nbsp; With no direct formal
training in these areas, our management may not be fully aware of the specific
technical requirements related to working within this industry.&nbsp; Mr. Bains has
no business </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
8</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">experience
with exploration companies, his decisions and choices may not take into account
standard exploration or mining approaches commonly used in the industry.&nbsp; As a
result of this inexperience, there is a higher risk of our being unable to
complete our business plan for the exploration of our mineral claims.&nbsp; In
addition, we will have to rely on the technical services of others with
expertise in geological exploration in order for us to carry our planned
exploration program.&nbsp; If we are unable to contract for the services of such
individuals, it will make it difficult and maybe impossible to pursue our
business plan.&nbsp; There is thus a higher risk of business failure.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Because our
sole executive officer and director has only agreed to provide his services on a
part-time basis, he may not be able or willing to devote a sufficient amount of
time to our business operations, causing our business to fail.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Mal Bains,
our sole executive officer and director, is also a principal of M. Bains
Financial Inc., a private British Columbia consulting company providing
insurance broker and financial services.&nbsp; Because we are in the early stages of
our business, Mr. Bains devotes approximately 10 to 15 hours per week to our
affairs.&nbsp; If the demands of our business require the full business time of Mr.
Bains, he is prepared to adjust his timetable to devote up to 20 hours a week.&nbsp;
However, Mr. Bains may not be able to devote sufficient time to the management
of our business, as and when needed. It is possible that the demands of Mr.
Bains' other business interests will increase with the result that he would no
longer be able to devote sufficient time to the management of our business.&nbsp;
Competing demands on Mr. Bains' time may lead to a divergence between his
interests and the interests of other shareholders.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>We are
highly dependent on our senior management. The loss of our sole executive
officer could hinder our ability to pursue our stated plan of operation and
obtain debt or equity financing, if and when required. </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We believe
that our continued success depends to a significant extent upon the efforts and
abilities of our senior management and in particular Mal Bains, our sole
executive officer and director.&nbsp; Mr. Bains has worked in the financial industry
for 16 years.&nbsp; We believe that the loss of Mr. Bains' business and management
experience could hinder our ability to pursue our stated plan of operation and
obtain debt or equity financing, if and when required.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>We have no
known mineral resources and if we cannot find any mineral resources we may have
to cease operations.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have no
measured mineral bodies.&nbsp; If we do not find a mineral body or bodies containing
valuable minerals or metals or if we cannot conduct further exploration of any
minerals, either because we do not have money to do it or because it is not
economically feasible to do it, we may have to cease operations and you will
loose your investment.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Our sole asset is a Property Option Agreement and if we fail to make
the required payments on a timely basis, we will lose the right to acquire a
100% interest in and to the Chevron Property.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Under the
Property Option Agreement we have a right and option to acquire a 100% interest
in and to the Chevron Claims by paying a total of $100,000 (CAD$100,000) in cash
over a four year period to Mr. Carl von Einsiedel.&nbsp; The failure of our Company
to make any cash payments within the contractual time limit will allow Mr. von
Einsiedel to terminate the Agreement.&nbsp; If the Agreement is terminated, we will
lose all rights to the Chevron Property, including any payments previously made
to Mr. von Einsiedel.&nbsp; The Property Option Agreement is our sole asset and if we
lose the contractual rights to acquire the Chevron Property, we will have no
assets and you may lose all your investment.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
9</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Title to the Chevron Claims is registered in the name of Mr. Carl von
Einsiedel and he may transfer title to third parties without our knowledge.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The Property
Option Agreement only gives us a right to acquire a 100% interest in and to the
Chevron Claims by fulfilling our obligations under the contract.&nbsp; We cannot
prevent Mr. von Einsiedel from transferring the Chevron Property to third
parties.&nbsp; A third party has no way of knowing that we have rights to the Chevron
Property since ownership is registered in the name of Mr. von Einsiedel at the
Minerals Title Office of British Columbia.&nbsp; If the Chevron Property is
transferred to third parties we may have to litigate in order to determine our
ownership rights.&nbsp; There is no way of knowing if Mr. von Einsiedel will or has
transferred the property to third parties.&nbsp; Our only protection is our
contractual rights under the Agreement.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Weather interruptions in the province of British Columbia may affect
and delay our proposed exploration operations and as a result, there may be
delays in generating revenues. </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our proposed
exploration work can only be performed approximately three months out of the
year.&nbsp; This is because the climate of our claims area is defined as sub-arctic,
and the only direct access to our claims is by helicopter.&nbsp; The average
temperature during summer months is 59<sup>o</sup>F (15<sup>o</sup>C) and during
winter months it is -11.2<sup>o</sup>F (-24<sup>o</sup>C).&nbsp; Poor weather
conditions make it impossible for us to actually make it to the property, which
will delay the generation of possible revenues by us. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc153009734"><b>Since we are subject to compliance with government
regulation, which may change, the anticipated costs of our exploration program
may increase.</b></a><b> </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There are
several governmental regulations that materially restrict mineral exploration or
exploitation. We will be subject to the Mining Act of British Columbia as we
carry out our exploration programs. We may be required to obtain work permits,
post bonds and perform remediation work for any physical disturbance to the land
in order to comply with these regulations. While our planned exploration program
budgets for regulatory compliance, there is a risk that new regulations could
increase our costs of doing business and prevent us from carrying out our
exploration program. </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Risks associated with this Offering</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Because we have nominal assets, we are considered a &quot;shell company&quot;
and will be subject to more stringent reporting requirements.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The Securities
and Exchange Commission (&quot;SEC&quot;) adopted Rule 405 of the Securities Act and
Exchange Act Rule 12b-2 which defines a shell company as a registrant that has
no or nominal operations, and either (a) no or nominal assets; (b) assets
consisting solely of cash and cash equivalents; or (c) assets consisting of any
amount of cash and cash equivalents and nominal other assets.&nbsp; Our balance sheet
states that we have cash as our only asset therefore, we are defined as a shell
company.&nbsp; The new rules prohibit shell companies from using a Form S-8 to
register securities pursuant to employee compensation plans.&nbsp; However, the new
rules do not prevent us from registering securities pursuant to registration
statements.&nbsp; Additionally, the new rule regarding Form 8-K requires shell
companies to provide more detailed disclosure upon completion of a transaction
that causes it to cease being a shell company.&nbsp; We must file a current report on
Form 8-K containing the information required pursuant to Regulation S-K and in a
registration statement on Form 10, within four business days following
completion of the transaction together with financial information of the private
operating company.&nbsp; In order to assist the SEC in the identification of shell
companies, we are also required to check a box on Form 10-Q and Form 10-K
indicating that we are a shell company.&nbsp; To the extent that we are required to
comply with additional disclosure because we are a shell company, we may be
delayed in executing any mergers or acquiring other assets that would cause us
to cease being a shell company.&nbsp; The SEC adopted a new Rule 144 effective
February 15, 2008, which makes resales of restricted securities by
shareholders of a shell company more difficult. See discussion under heading
&quot;New Rule 144&quot; below.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
10</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Because our
sole executive officer and sole director, Mr. Mal Bains, controls approximately
51% of our outstanding common stock, investors may find that corporate decisions
influenced by Mr. Mal Bains are inconsistent with the best interests of other
stockholders.&nbsp; </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Mal Bains,
our sole executive officer and sole director, controls approximately 51% of our
issued and outstanding shares of common stock.&nbsp; The interests of Mr. Bains may
not be, at all times, the same as that of other shareholders.&nbsp; Since Mr. Bains
is not simply a passive investor but is also our sole executive, his interests
as an executive may, at times, be adverse to those of passive investors. Where
those conflicts exist, our shareholders will be dependent upon Mr. Bains
exercising, in a manner fair to all of our shareholders, his fiduciary duties as
an officer or as a member of our board of directors. Also, Mr. Bains will have
the ability to significantly influence the outcome of most corporate actions
requiring shareholder approval, including the merger of Sungro with or into
another company, the sale of all or substantially all of our assets and
amendments to our articles of incorporation.&nbsp; This concentration of ownership
with Mr. Bains may also have the effect of delaying, deferring or preventing a
change in control of Sungro, which may be disadvantageous to minority
shareholders.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc153009737"><b>If the selling shareholders sell a large number of
shares all at once or in blocks, the market price of our shares would most
likely decline.</b></a></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders are offering 4,750,000 shares of our common stock through this
prospectus.&nbsp; Our common stock is presently not traded or quoted on any market or
securities exchange, but should a market develop, shares sold at a price below
the current market price at which the common stock is quoted will cause that
market price to decline.&nbsp; Moreover, the offer or sale of a large number of
shares at any price may cause the market price to fall.&nbsp; The outstanding shares
of common stock covered by this prospectus represent 48.7% of the common shares
outstanding as of the date of this prospectus.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc153009738"><b>Because there is no public trading market for our
common stock, you may not be able to resell your shares.</b></a></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our Company
plans to have its shares quoted on the NASD OTC Bulletin Board.&nbsp; There are no
assurances that we will be successful in listing our shares.&nbsp; There is currently
no public trading market for our common stock.&nbsp; Therefore there is no central
place, like a stock exchange or electronic trading system, to resell your
shares.&nbsp; If you do want to resell your shares, you will have to locate a buyer
and negotiate your own sale.&nbsp; Therefore, you may not be able to resell your
shares. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc156803431"><b>Re-sale restrictions for British Columbia residents</b></a><b>
and other Canadian residents may limit the ability of our shareholders to sell
their securities.</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Selling
shareholders, who are residents of British Columbia, have to rely on an
exemption from prospectus and registration requirements of B.C. securities laws
to sell their shares, which are being registered for resale by this prospectus.&nbsp;
Selling shareholders have to comply with B.C. Securities Commission's BC
Instrument 72-502 &quot;Trade In Securities of U.S. Registered Issuers&quot; to resell
their shares.&nbsp; BC Instrument 72-502 requires, among other conditions, that B.C.
residents hold the shares for four months and limit the volume of shares sold in
a 12-month period.&nbsp; (See &quot;Canadian Securities Law&quot;).&nbsp; These restrictions will
limit the ability of the B.C. residents to resell the securities in the United
States and therefore, may materially affect the market value of your shares.&nbsp;
Residents of other Canadian provinces have to rely on available prospectus
exemptions to re-sell their securities and if no exemptions can be relied upon,
then the shareholders may have to hold the securities for an indefinite period
of time.&nbsp; Shareholders of other Canadian provinces should consult with
independent legal counsel to determine the availability and use of prospectus
exemptions to re-sell their securities.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Forward-Looking Statements</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Some of the
statements under the &quot;Prospectus Summary,&quot; &quot;Risk Factors,&quot; &quot;Plan of Operations,&quot;
&quot;Business&quot; and elsewhere in this prospectus constitute forward-looking
statements. These statements </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
11</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">involve known
and unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance, or
achievement expressed or implied by such forward-looking statements. Such
factors include, among other things, those listed under &quot;Risk Factors&quot; and
elsewhere in this prospectus.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In some cases,
you can identify forward-looking statements by terminology such as &quot;may,&quot;
&quot;should,&quot; &quot;could,&quot; &quot;intend&quot;, &quot;expects,&quot; &quot;plan,&quot; &quot;anticipates,&quot; &quot;believes,&quot;
&quot;estimates,&quot; &quot;predicts,&quot; &quot;potential,&quot; or &quot;continue&quot; or the negative of such
terms or other comparable terminology. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Although we
believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance,
or achievements. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of such statements. We are
under no duty to update any of the forward-looking statements after the date of
this prospectus.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Use Of Proceeds</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
<a name="_Toc347337">We will not receive any proceeds from the sale of common
shares offered in this prospectus by our selling shareholders.</a></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Determination Of Offering Price</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The $0.10 per
share offering price of our common shares by which our selling shareholders will
sell their shares prior to the quotation of the Company's shares on the NASD OTC
Bulletin Board (&quot;OTCBB&quot;) was arbitrarily chosen based on our internal assessment
of what the market would support.&nbsp; Our President, Mal Bains, purchased 5,000,000
of our common shares at a price of $0.001 per share on August 15, 2007.&nbsp; The
offering price of our shares is substantially higher than the price paid by our
founder, and exceeds the per share value of our net tangible assets.&nbsp; Therefore,
if you purchase shares in this offering, you will experience immediate and
substantial dilution.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">You may also
suffer additional dilution in the future from the sale of additional shares of
common stock or other securities, if the need for additional financing forces us
to make such sales.&nbsp; Investors should be aware of the risk of judging the real
or potential future market value, if any, of our common stock by comparison to
the offering price.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There is no
established public market for the shares of common stock being registered.&nbsp; As a
result, the offering price and other terms and conditions relative to the shares
of common stock offered hereby have been arbitrarily determined by us and do not
necessarily bear any relationship to assets, earnings, book value or any other
objective criteria of value. In addition, no investment banker, appraiser or
other independent, third party has been consulted concerning the offering price
for the shares or the fairness of the price used for the shares.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We intend to
apply to the OTCBB to allow the quotation of our common stock upon us becoming a
reporting entity under the Securities Exchange Act of 1934. We intend to file a
registration statement under the Exchange Act concurrently with the
effectiveness of the registration statement of which this prospectus forms a
part. If our common stock becomes so quoted and a market for the stock develops,
the actual price of stock will be determined by prevailing market prices at the
time of sale or by private transactions negotiated by the selling shareholders.
The offering price would thus be determined by market factors and the
independent decisions of the selling shareholders.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Dilution</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The common
stock to be sold by the selling shareholders is common stock that is currently
issued and outstanding. Accordingly, there will be no dilution to our existing
shareholders.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
12</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Selling shareholders</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders named in this prospectus are offering 4,750,000 shares of common
stock acquired by the selling shareholders from us in offerings that were exempt
from registration under Regulation S of the Securities Act of 1933 and completed
on September 18, 2007.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The term
&quot;selling shareholders&quot; includes donees, pledges, transferees or other
successors-in-interest selling shares received after the date of this prospectus
from a selling shareholder as a gift, pledge or other non-sale related transfer.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Based on
information provided to us by the selling shareholders, the following table
provides information as of February 22, 2008, regarding the number of shares of
our common stock held by each of the selling shareholders as of the date hereof,
including: (1) the total number of shares that are to be offered by each; (2)
the percentage owned by each prior to the offering; (3) the percentage owned by
each upon completion of the offering; and (4) the identity of the beneficial
holder of any entity that owns the shares.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Except as
disclosed in the table below, to the best knowledge of management of the
Company, the named party beneficially owns and has sole voting and investment
power over all shares or rights to these shares.&nbsp; The numbers in this table
assume that none of the selling shareholders sells shares of common stock not
being offered in this prospectus or purchases additional shares of common stock,
and assumes that all shares offered are sold.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">None of the
selling shareholders </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; has
had a material relationship with us or any of our affiliates other than as a
security holder at any time within the past three years; or </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; has
ever been one of our officers or directors.</p>
<p class="MsoNormal" style="margin-top:12.0pt">Except as disclosed in the table
below, none of our selling shareholders are broker-dealers or affiliates of
broker-dealers.</p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="4%" valign="bottom" style="width:4.48%;border:solid windowtext .5pt;
   padding:0in 1.8pt 0in 1.8pt">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="bottom" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">Name and Address of Selling
			Shareholders</font></td>
			<td width="29%" colspan="4" valign="bottom" style="width: 29.46%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned Prior to the Offering</font></td>
			<td width="14%" valign="bottom" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Total Shares Offered by this Prospectus </font><sup>
			<font size="2">(16)</font></sup></td>
			<td width="29%" colspan="2" valign="bottom" style="width: 29.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned After the Offering</font></td>
		</tr>
		<tr>
			<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.7%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.74%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
			<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
		</tr>

	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">1</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Harjinder Bagry<br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">2</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Amrik Bahd <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">3</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Karn Bahd <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">4</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Rasphal Bahd <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(1)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">5</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Iqbal Bains <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">6</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Nerinder Bains <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">7</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Ranjeet Bains <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(2)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
</table>

&nbsp;<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
13</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="4%" valign="bottom" style="width:4.48%;border:solid windowtext .5pt;
   padding:0in 1.8pt 0in 1.8pt">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="bottom" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">Name and Address of Selling
			Shareholders</font></td>
			<td width="29%" colspan="4" valign="bottom" style="width: 29.46%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned Prior to the Offering</font></td>
			<td width="14%" valign="bottom" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Total Shares Offered by this Prospectus </font><sup>
			<font size="2">(16)</font></sup></td>
			<td width="29%" colspan="2" valign="bottom" style="width: 29.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned After the Offering</font></td>
		</tr>
		<tr>
			<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.7%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.74%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
			<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
		</tr>

	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">8</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Baljeet Brar<br>
		Abbotsford, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">9</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Parvin Dhudwal<br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">10</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Ranjeet Grewal <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(3)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(3)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">11</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Harjinder Jassal <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(4)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(4)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">12</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sandeepika Jassal <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(4)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(4)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">13</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Gurpreet Jhutty<br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">14</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Melvin Johal <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(5)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(5)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">15</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Shinder Johal <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(5)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(5)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">16</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Kelli Julien<br>
		Delta, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">17</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Jusver Kaur<br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">18</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Parween Kaur <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(3)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(3)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">19</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sunita Kumar<br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">20</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Vinod Kumar<br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">21</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Konica Nagpal <br>
		Delta, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(6)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(6)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">22</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sankalp Nagpal <br>
		Delta, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(6)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(6)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">23</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Charanjit Patel <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(7)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(7)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">24</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Lal Patel <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(7)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(7)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">25</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Jagjit Rakhra <br>
		Abbotsford, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(8)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(8)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">26</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sukhdip Rakhra <br>
		Abbotsford, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(8)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(8)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">27</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Leah Rigby <br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
14</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="4%" valign="bottom" style="width:4.48%;border:solid windowtext .5pt;
   padding:0in 1.8pt 0in 1.8pt">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="bottom" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">Name and Address of Selling
			Shareholders</font></td>
			<td width="29%" colspan="4" valign="bottom" style="width: 29.46%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned Prior to the Offering</font></td>
			<td width="14%" valign="bottom" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Total Shares Offered by this Prospectus </font><sup>
			<font size="2">(16)</font></sup></td>
			<td width="29%" colspan="2" valign="bottom" style="width: 29.36%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Shares Beneficially Owned After the Offering</font></td>
		</tr>
		<tr>
			<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.7%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" colspan="2" valign="top" style="width: 14.74%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
			<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal"><font size="2">&nbsp;</font></td>
			<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Number</font></td>
			<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Percent</font></td>
		</tr>

	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">28</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Gurdish Sidhu <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(9)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(9)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">29</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sharanjit Sidhu <br>
		Vancouver, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(9)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(9)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">30</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Sarbjeet Singh<br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">31</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Kulbir Uppal<br>
		Richmond, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">32</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Paul Uppal<br>
		Delta, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">118,750</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">1.2%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">33</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Balwinder Virk <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(10) (14)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(10) (14)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">34</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Gurdarshan Virk <br>
		Langley, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(11) (15)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(11) (15)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">35</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Gurinder Virk <br>
		Abbotsford, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(12) (15)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(12) (15)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">36</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Kirndeep Virk <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(13) (14)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(13) (14)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">37</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Kulwinder Virk <br>
		Langley, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(11) (15)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(11) (15)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">38</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Narvinder Virk <br>
		Abbotsford, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(12) (15)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(12) (15)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">39</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Prubhjit Virk <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(13) (14)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(13) (14)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">40</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Surinder Virk <br>
		Surrey, BC </font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">237,500</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(10) (14)</font></sup></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">2.4%</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><sup><font size="2">(10) (14)</font></sup></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">118,750</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">0%</font></td>
	</tr>
	<tr>
		<td width="4%" valign="top" style="width: 4.48%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="21%" valign="top" style="width: 21.98%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Total</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width: 3.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="11%" valign="top" style="width: 11.04%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:right"><font size="2">&nbsp;</font></td>
		<td width="3%" valign="top" style="width: 3.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.72%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		4,750,000</font></td>
		<td width="14%" valign="top" style="width: 14.68%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">&nbsp;</font></td>
		<td width="14%" valign="top" style="width: 14.66%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 1.8pt; padding-right: 1.8pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">&nbsp;</font></td>
	</tr>
</table>
</FONT><FONT FACE="Arial" SIZE=1>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(1)&nbsp;&nbsp;&nbsp;&nbsp; Amrik Bahd is the father of Karn Bahd and
husband of Rasphal Bahd.&nbsp; The beneficial ownership of shares by Amrik Bahd and
Rasphal Bahd may be attributable to the other party's respective holdings, and
the number of shares owned and percentage ownership of Amrik Bahd includes
shares owned by Rasphal Bahd and vice versa.&nbsp; Amrik Bahd and Rasphal Bahd have
no beneficial interest in the shareholdings of Karn Bahd, neither does Karn Bahd
have a beneficial interest in the shareholdings of Amrik Bahd and Rasphal Bahd.&nbsp; </p>
</FONT><FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(2)&nbsp;&nbsp;&nbsp;&nbsp; Iqbal Bains is the husband of Nerinder
Bains and the brother of Ranjeet Bains.&nbsp; The beneficial ownership of shares by
Iqbal Bains and Nerinder Bains may be attributable to the other party's
respective holdings, and the number of shares owned and percentage ownership of
Iqbal Bains includes shares owned by Nerinder Bains and vice versa.&nbsp; Iqbal Bains
and Nerinder Bains have no beneficial interest in the shareholdings of Ranjeet
Bains, neither does Ranjeet Bains have a beneficial interest in the
shareholdings of Iqbal Bains and Nerinder Bains.&nbsp; </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(3)&nbsp;&nbsp;&nbsp;&nbsp; Ranjeet Grewal is the husband of Parween
Kaur.&nbsp; As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of Ranjeet
Grewal includes shares owned by Parween Kaur and vice versa. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harjinder Jassal is the husband of
Sandeepika Jassal.&nbsp; As such, beneficial ownership of each such party may be
attributed to the other party, and the number of shares owned and percentage
ownership of Harjinder Jassal includes shares owned by Sandeepika Jassal and
vice versa. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(5)&nbsp;&nbsp;&nbsp;&nbsp; Melvin Johal is the husband of Shinder
Johal.&nbsp; As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Melvin Johal includes shares owned by Shinder Johal and vice versa. </p>
</FONT>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
15</p>
<hr noshade color="#808080"><p Style='page-break-before:always'>
</FONT><FONT FACE="Arial" SIZE=1>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(6)&nbsp;&nbsp;&nbsp;&nbsp; Konica Nagpal is the husband of Sankalp Nagpal.&nbsp; As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Konica Nagpal includes shares owned by Sankalp Nagpal and vice versa.
</p>
</FONT><FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(7)&nbsp;&nbsp;&nbsp;&nbsp; Charanjit Patel is the husband of Lal
Patel.&nbsp; As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Charanjit Patel includes shares owned by Lal Patel and vice versa. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(8)&nbsp;&nbsp;&nbsp;&nbsp; Jagjit Rakhra is the wife of Sukhdip
Rakhra.&nbsp; As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Jagjit Rakhra includes shares owned by Sukhdip Rakhra and vice versa.
</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(9)&nbsp;&nbsp;&nbsp;&nbsp; Gurdish Sidhu is the spouse of Sharanjit
Sidhu.&nbsp; As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Gurdish Sidhu includes shares owned by Sharanjit Sidhu and vice versa.
</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(10)&nbsp;&nbsp;&nbsp;Balwinder Virk is the wife of Surinder
Virk.&nbsp; As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of
Balwinder Virk includes shares owned by Surinder Virk and vice versa.&nbsp;
</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(11)&nbsp;&nbsp;&nbsp;Gurdarshan Virk is the spouse of Kulwinder
Virk.&nbsp; As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of
Gurdarshan Virk includes shares owned by Kulwinder Virk and vice versa.&nbsp;
</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(12)&nbsp;&nbsp; Gurinder Virk is the wife of Narvinder
Virk.&nbsp; As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of Gurinder
Virk includes shares owned by Narvinder Virk and vice versa. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(13)&nbsp;&nbsp;&nbsp;Kirndeep Virk is the wife of Prubhjit Virk.&nbsp;
As such, beneficial ownership of each such party may be attributed to the other
party, and the number of shares owned and percentage ownership of Kirndeep Virk
includes shares owned by Prubhjit Virk and vice versa. </p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(14)&nbsp;&nbsp;&nbsp;Balwinder Virk and Prubhjit Virk are
brothers.&nbsp; Each of them and their respective spouse does not have a beneficial
interest in the other party's shareholdings.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(15)&nbsp;&nbsp;&nbsp;Gurdarshan Virk and Narvinder Virk are
brothers.&nbsp; Each of them and their respective spouse does not have a beneficial
interest in the other party's shareholdings.</p>
<p class="MsoNormal" style="text-align: justify; text-indent: -22.5pt; margin-left: 40.5pt; margin-right: 0in; margin-top: 3.0pt; margin-bottom: 3.0pt">
(16)&nbsp;&nbsp; Shares offered by this Prospectus do not
include shares deemed beneficially held by the selling shareholders.&nbsp;
</p>
</FONT>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Plan Of Distribution</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Summary</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have agreed
to register for public resale our common shares, which have been issued to the
selling shareholders.&nbsp; This offering will terminate on the earlier of (i) the
date on which the shares may be resold by the selling stockholders without
registration and without regard to any volume limitations by reason of Rule 144
under the Securities Act or any other rule of similar effect or (ii) all of the
shares have been sold pursuant to this prospectus or Rule 144 under the
Securities Act or any other rule of similar effect. The selling shareholders
will receive all of the net proceeds from their sales.&nbsp; Prior to having its
shares quoted on OTCBB, the selling shareholders may, from time to time, sell
all or a portion of the shares of common stock of our Company, which they own at
$0.10 per share.&nbsp; After the shares of the Company are quoted for trading on the
OTCBB, the selling shareholders may sell their shares at the then market prices
on the OTCBB or privately negotiated prices, which may be less than or greater
than $0.10 per share.&nbsp; Presently, the selling shareholders cannot sell their
common stock of our Company in accordance with new Rule 144 under the Securities
Act because we are defined as a &quot;shell company&quot;.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders may sell their shares of common stock of our Company directly to
purchasers or may use brokers, dealers, underwriters or agents to sell such
shares. Brokers or dealers may receive commissions, discounts or concessions
from a selling shareholder or, if any such broker or dealer acts as agent for
the purchaser of such shares, from a purchaser in amounts to be negotiated. Such
compensation may, but is not expected to, exceed that which is customary for the
types of transactions involved. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders and any brokers, dealers or agents that participate with the
selling shareholders in sales of their shares of common stock of our Company may
be deemed to be &quot;underwriters&quot; within the meaning of the Securities Act of 1933
in connection with such sales. In such event, any commissions received by such
brokers, dealers or agents and any profit on the resale of such shares purchased
by them may be deemed to be underwriting commissions or discounts under the
Securities Act of 1933.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are
required to pay all fees and expenses incident to the registration of our shares
of common stock offered hereby other than broker or dealer discounts and
commissions. </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
16</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Selling shareholder's &quot;Underwriter&quot; Status; prospectus Delivery
Requirement</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Shareholders
of the Company who resell their securities pursuant to this prospectus may be
deemed to be statutory &quot;underwriters&quot; (as defined in Securities Act of 1933
Section 2(11)) and &quot;engaged in a public distribution&quot;.&nbsp; Accordingly, Sungro
intends to deliver a prospectus to each shareholder.&nbsp; Each selling shareholder
should review it carefully and deliver it to any broker or dealer engaged to
sell stock or to any buyer in a direct sale. Selling shareholders and certain
brokers and dealers are required to deliver a prospectus 48 hours prior to
confirming sales.&nbsp; Additional copies of the prospectus may be printed by
accessing it on the SEC website at http://www.sec.gov,
or it may be obtained by writing or calling Sungro Minerals Inc. at 7445 - 132<sup>nd</sup>
Street, Suite 2008, Surrey, British Columbia, Canada, V3W 5S8, telephone (604)
681-3611.&nbsp; See &quot;Selling Shareholders&quot; above for information as to the largest
shareholders, the amounts owned, and any relationships with Sungro.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Suggested
Selling Shareholder's Underwriting Compliance Procedures</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Except as
indicated under &quot;Selling Shareholders&quot; none of the shareholders is known to
Sungro to be a broker- dealer or affiliates of broker-dealers or to have any
experience in the distribution of securities or to have any material
relationships with Sungro.&nbsp; Sungro is not aware of any intent by a shareholder
to engage in passive market making transactions as permitted by Rule 10b-6A
under the Securities Exchange Act of 1934 or in stabilization or other
transactions affecting the market price.&nbsp; We are not aware of any intent by our
officers, directors or principal shareholders to purchase shares from selling
shareholders.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">It is
suggested to selling shareholders that, to avoid technical violations of
underwriting regulations, they should observe the prospectus delivery
requirement described herein and also consult with their legal counsel.&nbsp; These
suggestions do not constitute legal advice or any representation or warranty
that these are necessary or sufficient to comply with, or avoid enforcement
action (civil or criminal) for alleged violations of, any type of law.
Shareholders engaging in any direct or indirect transactions of any nature as to
any of Sungro's securities do so at their own risk and expense.&nbsp; All sales
should be conducted through brokers or dealers, who should be given a copy of
the prospectus and advised of the SEC and NASD position that such sales may be
deemed to be part of a &quot;public distribution&quot; by statutory &quot;underwriters&quot;
(selling shareholders). No purchases of shares or other transactions having the
purpose or effect of affecting the price should be engaged in by or on behalf of
shareholders before or after the sale.&nbsp; Sungro's public reporting status should
be brought to the brokers' or dealers' and buyers' attention.&nbsp; Updated
information about Sungro will be in its reports to the SEC at
http://www.sec.gov.&nbsp; See &quot;Available Information&quot; near the end of the prospectus,
for further details on how to obtain copies of such reports.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Although
isolated resales often are exempt from state &quot;blue sky&quot; securities regulation
and registration requirements, and the reporting company status of an issuer
broadens the availability of resale exemptions, selling shareholders should be
cautious in view of their &quot;underwriter&quot; status in the eyes of the SEC and NASD.&nbsp;
They are urged to consult qualified local securities counsel.&nbsp; Sungro is not
undertaking, and it will be the selling shareholders' responsibility, to file
any necessary state exemption, qualification, or registration statements or
notices (such as Form U-1) and offering documents (such as this prospectus) if
needed for resales in a particular state.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders may offer their shares of common stock at various times in one or
more of the following transactions: </p>
<ul>
	<li>
	<p class="MsoNormal" style="text-align: justify; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
	in
	the over-the-counter market;</li>
	<li>
	<p class="MsoNormal" style="text-align: justify; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 0; margin-bottom: .0001pt">
	in private transactions other than in the over-the-counter market;</li>
	<li>
	<p class="MsoNormal" style="text-align: justify; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 0; margin-bottom: .0001pt">
	in connection with short sales of our shares;</li>
	<li>
	<p class="MsoNormal" style="text-align: justify; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 0; margin-bottom: .0001pt">
	by pledge to secure debts and other obligations; or</li>
</ul>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
17</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<ul>
	<li>
	<p class="MsoNormal" style="text-align: justify; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
	in a combination of any of the above transactions.</li>
</ul>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders may sell their shares at market prices prevailing at the time of
the sale, at prices related to such prevailing market prices, at negotiated
prices or fixed prices.&nbsp; Until the shares of the Company are quoted for trading
on the OTCBB, the selling shareholders will sell their shares at a price of
$0.10 per share.&nbsp; After the shares of the Company are quoted for trading on the
OTCBB, the selling shareholders may sell their shares at the then market prices
on the OTCBB or privately negotiated prices, which may be less than or greater
than $0.10 per share.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders may use brokers or dealers to sell their shares.&nbsp; Sales through
brokers or dealers may involve one or more of the following: </p>
<ul>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">block
	trades in which the broker or dealer so engaged will attempt to sell the
	selling shareholder's shares as agent but may position and resell a portion
	of the block as principal to facilitate the transaction;</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">purchases
	by a broker or dealer as principal and resale by such broker or dealer for
	its own account pursuant to this prospectus; or</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">ordinary
	brokerage transactions and transactions in which the broker solicits
	purchasers.</li>
</ul>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">If a broker or
dealer is engaged by a selling shareholder, such broker or dealer may either
receive discounts or commissions from the selling shareholders, or they will
receive commissions from purchasers of shares for whom they acted as agents.
Affiliates of one or more of the selling shareholders may act as principals or
agents in connection with the offer or sale of shares by selling shareholders.
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Selling
shareholders also may resell all or a portion of the shares in open market
transactions in reliance upon Rule 144 under the Securities Act of 1933, as
amended, provided that they meet the criteria and conform to the requirements of
that Rule. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Selling
shareholders have been advised that during the time each is engaged in
distribution of the securities covered by this prospectus, to the extent
applicable, each must comply with Regulation M under the Securities Exchange Act
of 1934, as amended, and pursuant to such Regulation: </p>
<ul>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">shall not
	engage in any stabilization activity in connection with our securities;</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">shall
	furnish each broker through which securities covered by this prospectus may
	be offered the number of copies of this prospectus which are required by
	each broker; and</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">shall not
	bid for or purchase any of our securities or attempt to induce any person to
	purchase any of our securities other than as permitted under the Securities
	Exchange Act of 1934, as amended.</li>
</ul>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The selling
shareholders and any brokers, dealers or agents that participate with the
selling shareholder in sales of the shares may be deemed to be underwriters
within the meaning of the Securities Act in connection with such sales and
subject to any liabilities under such Act.&nbsp; Any commissions received by such
brokers, dealers or agents and any profit on the resale of the shares purchased
by them may be deemed to be underwriting commissions or discounts under the
Securities Act.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Canadian Securities Law</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Selling
shareholders who are resident of a province other than British Columbia will
have to rely on available prospectus exemptions to resell their securities.&nbsp; If
they cannot rely on an available prospectus exemption, such non-British
Columbian Canadian residents may be subject to an indefinite hold period with
respect to their securities of Sungro.&nbsp; All Canadian shareholders should consult
independent legal counsel with respect to ascertaining any available prospectus
exemptions for reselling their securities of </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
18</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro.&nbsp;
Selling shareholders who are residents of British Columbia may to rely on an
exemption from prospectus and registration requirements of B.C. securities laws
to sell their shares, which are being registered for resale by this prospectus.&nbsp;
The selling shareholders may rely on the B.C. Securities Commission's Instrument
72-502 &quot;Trade In Securities of U.S. Registered Issuers&quot; to comply with B.C.
securities laws to resell their shares.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">According to
BC Instrument 72-502, a B.C. resident who acquired securities under a prospectus
exemption in a company that is not a reporting issuer under the B.C. Securities
Act may sell those securities without filing a prospectus under the Act, if the
following conditions are met:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The securities of the company are registered under section 12 of the
U.S. Securities Exchange Act of 1934, as amended, or the company is required to
file reports under section 15(d) of that Act.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The seller's residential address or registered office is in British
Columbia.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A 4-month period has passed since the date the company issued the
securities to the seller, or a control person sold the securities to the seller.
</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the seller is a control person of the company, then the seller has
held the securities for at least 6 months.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The number of securities the seller proposes to sell under BCI
72-502, plus the number of securities of the company of the same class that the
seller has sold in the preceding 12-month period, does not exceed 5% of the
company's outstanding securities of the same class.&nbsp;&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(6)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The seller sells the securities through a registered investment
dealer.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(7)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registered investment dealer executes the trade through an
exchange, or market, outside Canada.&nbsp;&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(8)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There has been no unusual effort made to prepare the market or create
a demand for the securities.&nbsp;&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(9)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The seller has not paid any extraordinary commission or other
consideration for the trade.&nbsp;&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(10)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If the seller is an insider of the company, the seller reasonably
believes that the company is not in default of the securities legislation
(including U.S. federal and state securities legislation) that governs the
company.&nbsp; </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Legal Proceedings</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are not
currently a party to, nor is any of our property currently the subject of, any
pending legal proceeding.&nbsp; None of our directors, officers or affiliates is
involved in a proceeding adverse to our business or has a material interest
adverse to our business.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our agent for
service of process is Business First Formations, Inc., of 3990 Warren Way, Reno,
Nevada&nbsp; USA 89509.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Directors, Executive Officers, Promoters And Control
Persons</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Executive Officers And Directors</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The following
table sets forth the directors and executive officers of our Company, their
ages, term served and all officers and positions with our Company.&nbsp; Pursuant to
our bylaws, our directors are elected at our </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
19</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">annual meeting
of stockholders and each director holds office until his successor is elected
and qualified.&nbsp; Officers are elected by our Board of Directors and hold office
until an officer's successor has been duly appointed and qualified unless an
officer sooner dies, resigns or is removed by the Board.&nbsp; </p>
<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt; margin-bottom: 0">
There are no arrangements or understandings regarding the length of time a
director of our company is to serve in such a capacity.</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">
	<tr>
		<td width="45%" valign="top" style="width: 45.0%; border: .75pt inset black; padding: 2.25pt; background: #EEEEEE">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in;page-break-after:avoid"><font size="2">Name and Address
		of Director</font></td>
		<td width="10%" valign="top" style="width: 10.0%; border-left: medium none; border-right: .75pt inset black; border-top: .75pt inset black; border-bottom: .75pt inset black; padding: 2.25pt; background: #EEEEEE">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">Age</font></td>
		<td valign="top" style="border-left: medium none; border-right: .75pt inset black; border-top: .75pt inset black; border-bottom: .75pt inset black; padding: 2.25pt; background: #EEEEEE">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Position</font></td>
	</tr>
	<tr>
		<td width="45%" valign="top" style="width: 45.0%; border-left: .75pt inset black; border-right: .75pt inset black; border-top: medium none; border-bottom: .75pt inset black; padding: 2.25pt">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Mal Bains <br>
		7445 - 132nd Street, Suite 2008<br>
		Surrey, British Columbia<br>
		Canada V3W 5S8 </font></td>
		<td width="10%" valign="top" style="width: 10.0%; border-left: medium none; border-right: .75pt inset black; border-top: medium none; border-bottom: .75pt inset black; padding: 2.25pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">37</font></td>
		<td valign="top" style="border-left: medium none; border-right: .75pt inset black; border-top: medium none; border-bottom: .75pt inset black; padding: 2.25pt">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Director and President, Secretary and
		Treasurer, </font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Set forth
below is a brief description of the background and business experience of our
current executive officers and directors: </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mal Bains has
been a Director and President of the Company since August 10, 2007.&nbsp; Mr. Bains
has been involved in the financial industry for the past 16 years.&nbsp; Mr. Bains is
a financial planner, specializing in insurance broker and a principal of M.
Bains Financial Inc.&nbsp; Mr. Bains does not have professional training or technical
credentials in the exploration, development and/or operations of metal mines.&nbsp;
Mr. Bains has to rely on the technical services of others with expertise in
geological exploration in order for him to carry our planned exploration
program.&nbsp; If we are unable to contract for the services of such individuals, it
will make it difficult and maybe impossible to pursue our business plan.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">During our
early stages of business development, our President intends to devote
approximately 10 to 15 hours per week of his time to our business.&nbsp; If, however,
the demands of our business require more business time, such as raising
additional capital or addressing unforeseen issues with regard to our plan of
operation, he is prepared to adjust his timetable to devote up to 20 hours a
week on our business in furtherance of our plan of operation.&nbsp; However, Mr.
Bains may not be able to devote sufficient time to the management of our
business, as and when needed.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Executive Compensation</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">To date, our
sole director does not currently receive and has never received any compensation
for serving as a director of the company. In addition, at present, there are no
ongoing plans or arrangements for compensation of any of our officers.&nbsp;
Presently, there are no plans or agreements for compensation of our officers and
directors even if certain milestones are achieved in the business plan.&nbsp;
However, we expect to adopt a plan of reasonable compensation to our officers
and employees when and if we become operational and profitable.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The following
table sets forth all compensation awarded to, earned by, or paid for services
rendered to us in all capacities during the period ended November 30, 2007, by
Mr. Mal Bains, our sole executive officer.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid; margin-bottom:0"><b>Summary Compensation Table Long-Term Compensation Awards</b></p>
<p class="MsoNormal" style="page-break-after: avoid; margin-top: 0; margin-bottom: 0">
&nbsp;</p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="30%" valign="top" style="width:30.22%;border:solid windowtext .5pt;
   border-bottom:none;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="margin-top:3.0pt;page-break-after:avoid">
			<font size="2">&nbsp;</font></td>
			<td width="36%" colspan="2" valign="top" style="width: 36.28%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;text-align:center">
			<font size="2">Compensation - November 30, 2007 </font></td>
			<td width="33%" valign="top" style="width: 33.5%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: medium none; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;text-align:center">
			<font size="2">($) Number of shares Underlying </font></td>
		</tr>
		<tr>
			<td width="30%" valign="top" style="width:30.22%;border:solid windowtext .5pt;
   border-top:none;padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="page-break-after:avoid"><font size="2">
			Name and Principal Position</font></td>
			<td width="18%" valign="top" style="width: 18.14%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Salary</font></td>
			<td width="18%" valign="top" style="width: 18.14%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">($) Bonus</font></td>
			<td width="33%" valign="top" style="width: 33.5%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="text-align:center">
			<font size="2">Options (#)</font></td>
		</tr>

	<tr>
		<td width="30%" valign="top" style="width: 30.22%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Mal Bains<br>
		President, Secretary and Treasurer</font></td>
		<td width="18%" valign="top" style="width: 18.14%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">None</font></td>
		<td width="18%" valign="top" style="width: 18.14%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">None</font></td>
		<td width="33%" valign="top" style="width: 33.5%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">None</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Presently, we
do not pay our sole director or officers any salary or consulting fees.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
20</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We do not
presently have a stock option plan but intend to develop an incentive based
stock option plan for our officers and directors in the future and may reserve
up to ten percent of our outstanding shares of common stock for that purpose.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Significant Personnel</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have no
significant personnel other than our officers and directors.&nbsp; We presently rely
on consultants and other third party contractors to perform administrative and
geological services for the Company.&nbsp; We have no formal contracts with any of
these consultants and contractors.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Committees of the Board of Directors</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The functions
of the audit committee are currently carried out by our Board of Directors.&nbsp; We
do not have an audit committee or financial expert on our Board carrying out the
duties of the audit committee.&nbsp; Our Board has determined that we do not need
such an expert because we are a start-up exploration company and have no
revenue.&nbsp; The cost of hiring a financial expert to act as a director of Sungro
and to be a member of the audit committee or otherwise perform audit committee
functions outweighs the benefits of having a financial expert on the audit
committee.&nbsp; We do not have a compensation committee, nominating committee, an
executive committee of our board of directors, stock plan committee or any other
committees.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Code of
Ethics </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have
adopted a code of ethics that applies to our Chief Executive Officer, Chief
Financial Officer, Principal Executive Officer, Principal Financial Officer,
Principal Accounting Officer, Controller and persons performing similar
functions within the Company.&nbsp; A copy of the code of ethics is filed with the
SEC as an exhibit to this registration statement and a copy may also be obtained
without charge by contacting the Secretary of the Company at 7445 132nd Street,
Suite 2008, Surrey, British Columbia, Canada V3W 5S8.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Involvement in certain legal proceedings </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">None of our
directors, executive officers, promoters or control persons has been involved in
any of the following events during the past five years: </p>
<ul>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">any
	bankruptcy petition filed by or against any business of which such person
	was a general partner or executive officer either at the time of the
	bankruptcy or within two years prior to that time; </li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">any
	conviction in a criminal proceeding or being subject to a pending criminal
	proceeding (excluding traffic violations and other minor offences);</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">being
	subject to any order, judgment, or decree, not subsequently reversed,
	suspended or vacated, of any court of competent jurisdiction, permanently or
	temporarily enjoining, barring, suspending or otherwise limiting his
	involvement in any type of business, securities or banking activities; or
	</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">being
	found by a court of competent jurisdiction (in a civil action), the
	Commission or the Commodity Futures Trading Commission to have violated a
	federal or state securities or commodities law, and the judgment has not
	been reversed, suspended, or vacated.</li>
</ul>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Security Ownership Of Certain Beneficial Owners And
Management</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The following
table sets forth certain information with respect to the beneficial ownership of
our company's common stock with respect to each named director and executive
officer of our Company, each person known to our Company to be the beneficial
owner of more than five percent (5%) of said securities, and all directors and
executive officers of our Company as a group:</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
21</p>
<hr noshade color="#808080"><p Style='page-break-before:always'>
<p class="MsoNormal">&nbsp;</p>
<table border="1" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse; border: medium none">

		<tr>
			<td width="37%" valign="bottom" style="width:37.1%;border:solid windowtext .5pt;
   padding:0in 5.4pt 0in 5.4pt">
			<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
   3.0pt;margin-left:0in"><font size="2">Name and Address</font></td>
			<td width="16%" valign="bottom" style="width: 16.12%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">Title
			of Class</font></td>
			<td width="24%" valign="bottom" style="width: 24.2%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">Amount
			and Nature of Beneficial Ownership</font></td>
			<td width="22%" valign="bottom" style="width: 22.58%; border-left: medium none; border-right: .5pt solid windowtext; border-top: .5pt solid windowtext; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
			Percentage
			of Class </font><sup><font size="2">(1)</font></sup></td>
		</tr>

	<tr>
		<td width="37%" valign="top" style="width: 37.1%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">Mal Bains<br>
		Surrey, BC, Canada<br>
		President, Secretary &amp; Treasurer and Director</font></td>
		<td width="16%" valign="top" style="width: 16.12%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">Common</font></td>
		<td width="24%" valign="top" style="width: 24.2%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		5,000,000</font></td>
		<td width="22%" valign="top" style="width: 22.58%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">51.3%</font></td>
	</tr>
	<tr>
		<td width="37%" valign="top" style="width: 37.1%; border-left: .5pt solid windowtext; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" style="margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in"><font size="2">All officers &amp; directors as a group
		</font></td>
		<td width="16%" valign="top" style="width: 16.12%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">Common</font></td>
		<td width="24%" valign="top" style="width: 24.2%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		5,000,000</font></td>
		<td width="22%" valign="top" style="width: 22.58%; border-left: medium none; border-right: .5pt solid windowtext; border-top: medium none; border-bottom: .5pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">51.3%</font></td>
	</tr>
</table>
</FONT><FONT FACE="Arial" SIZE=1>
<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:0in;
margin-left:.5in;margin-bottom:.0001pt;text-indent:-.25in">
(1)&nbsp;&nbsp; The percentage of class is based on
9,750,000 shares of common stock outstanding as of the date hereof.</p>
</FONT><FONT FACE="Arial" SIZE=2>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The persons
named above have full voting and investment power with respect to the shares
indicated. Under the rules of the Securities and Exchange Commission, a person
(or group of persons) is deemed to be a &quot;beneficial owner&quot; of a security if he
or she, directly or indirectly, has or shares the power to vote or to direct the
voting of such security, or the power to dispose of or to direct the disposition
of such security. Accordingly, more than one person may be deemed to be a
beneficial owner of the same security. A person is also deemed to be a
beneficial owner of any security, which that person has the right to acquire
within 60 days, such as options or warrants to purchase our common stock.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Description of Capital Stock</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The shares
registered pursuant to this registration statement are shares of common stock,
all of the same class and entitled to the same rights and privileges as all
other shares of common stock.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Common Stock</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro is
presently authorized to issue 75,000,000 shares of common stock, with a par
value of $0.001 per share.&nbsp; As of the date hereof, there were 9,750,000 shares
of our common stock issued and outstanding, held by 41 stockholders of record.
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our common
stock is entitled to one vote per share on all matters submitted to a vote of
the stockholders, including the election of directors. Except as otherwise
required by law or provided in any resolution adopted by our board of directors
with respect to any series of preferred stock, the holders of our common stock
will possess all voting power. Generally, all matters to be voted on by
stockholders must be approved by a majority (or, in the case of election of
directors, by a plurality) of the votes entitled to be cast by all shares of our
common stock that are present in person or represented by proxy, subject to any
voting rights granted to holders of any preferred stock. Holders of our common
stock representing ten-percent (10%) of our capital stock issued, outstanding
and entitled to vote, represented in person or by proxy, are necessary to
constitute a quorum at any meeting of our stockholders. A vote by the holders of
a majority of our outstanding shares is required to effectuate certain
fundamental corporate changes such as liquidation, merger or an amendment to our
Articles of Incorporation. Our Articles of Incorporation do not provide for
cumulative voting in the election of directors.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Subject to any
preferential rights of any outstanding series of preferred stock created by our
board of directors from time to time, the holders of shares of our common stock
will be entitled to such cash dividends as may be declared from time to time by
our board of directors from funds available therefore. See &quot;Dividend Policy.&quot;
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Subject to any
preferential rights of any outstanding series of preferred stock created from
time to time by our board of directors, upon liquidation, dissolution or winding
up of Sungro, the holders of shares of our common stock will be entitled to
receive pro rata all assets of Sungro available for distribution to such
holders. </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
22</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In the event
of any merger or consolidation of our company with or into another company in
connection with which shares of our common stock are converted into or
exchangeable for shares of stock, other securities or property (including cash),
all holders of our common stock will be entitled to receive the same kind and
amount of shares of stock and other securities and property (including cash).
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Holders of our
common stock have no pre-emptive rights, no conversion rights and there are no
redemption provisions applicable to our common stock.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Preferred
Stock</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">As of the date
hereof, Sungro has no preferred stock authorized or issued.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Dividend
Policy </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have never
declared or paid any cash dividends on our common stock. We currently intend to
retain future earnings, if any, to finance the expansion of our business. As a
result, we do not anticipate paying any cash dividends in the foreseeable
future. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Share
Purchase Warrants</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
issued and do not have outstanding any warrants to purchase shares of our common
stock.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Options</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
issued and do not have outstanding any options to purchase shares of our common
stock. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Convertible
Securities</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
issued and do not have outstanding any securities convertible into shares of our
common stock or any rights convertible or exchangeable into shares of our common
stock. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Nevada Anti-Takeover laws </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Nevada revised
statutes sections 78.378 to 78.3793 provide state regulation over the
acquisition of a controlling interest in certain Nevada corporations unless the
articles of incorporation or bylaws of the corporation provide that the
provisions of these sections do not apply.&nbsp; Our articles of incorporation state
that these provisions do not apply.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Combinations with Interested Stockholders</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Nevada revised
statues sections 78.411 to 78.444 provide state regulations over combination
with the interested stockholder or any corporation, which is, or after the
merger or consolidation, would be, an affiliate or associate of the interested
stockholder, unless the articles of incorporation or bylaws of the corporation
provide that the provisions of those sections do not apply.&nbsp; Our articles of
incorporation state that these provisions do not apply.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Interests of Named Experts and Counsel</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">No experts or
counsel named in this prospectus as having prepared or certified any part of
this prospectus or having given an opinion upon the validity of the securities
being registered or upon other legal matters in connection with the registration
or offering of the common stock was employed on a contingency basis, or had, or
is to receive, in connection with the offering, a substantial interest exceeding
$50,000, direct or indirect, in Sungro.&nbsp; Nor was any such person connected with
Sungro as a promoter, managing or principal underwriter, voting trustee,
director, officer, or employee.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
23</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Legal Matters</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Fraser and
Company LLP has provided an opinion on the validity of our common stock offered
by the Selling Shareholders.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Experts</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">MacKay LLP,
Chartered Accountants (&quot;MacKay&quot;), our independent registered public accounting
firm, has audited our financial statements included in this prospectus and
registration statement to the extent and for the period set forth in their audit
report. MacKay has presented their report with respect to our audited financial
statements.&nbsp; The report of MacKay is included in reliance upon their authority
as experts in accounting and auditing.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Market For Common Equity and Related Stockholder Matters</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>No Public
Market for Common Stock </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There is
presently no public market for our common stock.&nbsp; We anticipate making an
application for trading of our common stock on the OTCBB upon the effectiveness
of the registration statement of which this prospectus forms a part.&nbsp; We are
qualifying for resale up to 4,750,000 common shares pursuant to this
registration statement.&nbsp; However, we can provide no assurance that our shares
will be traded on the bulletin board or, if traded, that a public market will
materialize. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>New Rule
144</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro is
presently a &quot;shell company&quot; as defined under Rule 405 of the Securities Act and
Rule 12b-2 of the Exchange Act.&nbsp; The new Rule 144 cannot be relied upon for the
resale of securities of a shell company, and may be relied upon to sell
securities of a former shell company only if all of the following conditions are
met:&nbsp; the issuer has ceased to be a shell company; the issuer is subject to the
reporting requirements of the Exchange Act; the issuer has filed all Exchange
Act reports required for the past 12 months; and at least one year has elapsed
from the time that the issuer filed current Form 10 information on Form 8-K
changing its status to a non-shell company.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">If Sungro is
defined as not a &quot;shell company&quot;, the 5,000,000 shares held by our affiliate,
Mal Bains, will be available for resale to the public after February 15, 2008,
in accordance with the volume and trading limitations of Rule 144 of the
Securities Act of 1933.&nbsp; If Sungro is not a &quot;shell company&quot;, then after March
26, 2008, an additional 4,750,000 shares of our common stock held by
non-affiliates will be available for resale to the public in accordance with the
volume and trading limitations of Rule 144.&nbsp; Also pursuant to the amended
provisions of Rule 144, following the six- month holding period but before one
year after their acquisition of the securities, a person who is not an affiliate
and has not been an affiliate for at least three months prior to the sale, will
be able to make unlimited public resales under Rule 144 except that the current
public information requirement will still apply.&nbsp; After the one-year holding
period, such non-affiliates may make unlimited public resales under Rule 144 and
need not comply with any other Rule 144 requirements.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">If Sungro is
not a &quot;shell company&quot;, then under the new Rule 144 effective February 15, 2008,
a person who has beneficially owned shares for at least six months is entitled
to sell, within any three-month period, a number of shares that does not exceed
the greater of (1) one percent of the then outstanding shares of common stock,
which in our case is 97,500 shares as of the date of this prospectus; or (2) the
average weekly trading volume in the common stock in the over-the-counter market
during the four calendar weeks preceding the date on which notice of the sale is
filed, provided several requirements concerning availability of public
information, manner of sale and notice of sale are satisfied. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The one year
and six month holding periods described above do not begin to run until the full
purchase price or other consideration is paid by the person acquiring the shares
from the issuer or an affiliate.&nbsp; </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
24</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>However, we
are a &quot;shell company&quot; and shareholders holding restricted stock cannot rely on
Rule 144 to resell their restricted shares.&nbsp; </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Penny Stock
Regulation</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our shares
will have to comply with the Penny Stock Reform Act of 1990, which may
potentially decrease your ability to easily transfer our shares. Broker-dealer
practices in connection with transactions in &quot;penny stocks&quot; are regulated. Penny
stocks generally are equity securities with a price of less than $5.00. The
penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from the rules, to deliver a standardized risk
disclosure document that provides information about penny stocks and the risks
in the penny stock market. The broker-dealer also must provide the customer with
current bid and offer quotations for the penny stock, the compensation of the
broker-dealer and its salesperson in the transaction, and monthly account
statements showing the market value of each penny stock held in the customer's
account. In addition, the penny stock rules generally require that prior to a
transaction in a penny stock, the broker-dealer make a special written
determination that the penny stock is a suitable investment for the purchaser
and receive the purchaser's written agreement to the transaction. These
disclosure requirements may have the effect of reducing the level of trading
activity in the secondary market for a stock that has to comply with the penny
stock rules. As our shares immediately following this offering will likely have
to comply with such penny stock rules, investors in this offering will in all
likelihood find it more difficult to sell their securities.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Holders</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There are 41
shareholders of record for the common shares.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Dividends</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">No dividends
have been declared on the common shares as of the date hereof.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Disclosures
of Commission Position on Indemnification for Securities Act Liabilities</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant
pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In the event
that a claim for indemnification against such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the registrant will, unless
in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Transactions with Related Persons</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In connection
with the organization of Sungro, Mr. Mal Bains, the President and Director of
our Company, purchased 5,000,000 shares at a price of $0.001 per share.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have no
formal written employment agreement or other contracts with our officers, and
there is no assurance that the services to be provided by them, and facilities
to be provided by Mr. Bains, will be available for any specific length of time
in the future.&nbsp; Mr. Bains anticipates initially devoting up to approximately 10
to 15 hours a week of his business time to the affairs of our Company. If and
when the business operations of our company increase and a more extensive time
commitment is needed, </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
25</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr.&nbsp;Bains is
prepared to devote up to 20 hours a week in the event that becomes necessary.
The amounts of compensation and other terms of any full time employment
arrangements with our Company would be determined if and when such arrangements
become necessary.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Business</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>History and Organization</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro
Minerals Inc. was incorporated under the laws of the state of Nevada on August
10, 2007.&nbsp; We have not commenced business operations and we are considered an
exploration stage company.&nbsp; We are defined as a &quot;shell company&quot; under the Rule
405 of the Securities Act and Rule 12b-2 of the Exchange Act because we have
nominal operations and nominal assets. To date, our activities have been limited
to organizational matters, obtaining a geology report on the Chevron Claims and
the preparation and filing of the registration statement of which this
prospectus is a part.&nbsp; In connection with the organization of our Company, the
founding shareholder of our Company contributed an aggregate of $5,000 cash in
exchange for a total of 5,000,000 shares of common stock.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Property Option Agreement</b></p>
<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt; margin-bottom: 0">
Under a Property Option Agreement and Amendment (the &quot;Agreement&quot;), we acquired
in October 2007 an option to acquire a 100% interest in and to three mineral
claims called the Chevron Claims, located in the Tatsamenie Lake area, 87 miles
(140 km) south of the town of Atlin Lake, in northern British Columbia, from Mr. Carl von Einsiedel, the registered
owner of the Chevron Claims.&nbsp; The Chevron Claims consist of three mineral claims
covering approximately 1,132.97 hectares (2,799.63 acres).&nbsp; The following table
sets forth the details of the claims. </p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: 1.5pt">

		<tr>
			<td width="195" style="width:146.4pt;padding:0in 1.5pt 0in 1.5pt">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center;page-break-after:avoid">
			<b><font size="2">Tenure Number</font></b></td>
			<td width="138" style="width:103.4pt;padding:0in 1.5pt 0in 1.5pt">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><b><font size="2">
			Surface Area in Ha</font></b></td>
			<td width="155" style="width:116.3pt;padding:0in 1.5pt 0in 1.5pt">
			<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
   margin-bottom:3.0pt;margin-left:0in;text-align:center"><b><font size="2">
			Expiry Date</font></b></td>
		</tr>

	<tr>
		<td width="195" style="width:146.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">566327</font></td>
		<td width="138" style="width:103.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">422.83</font></td>
		<td width="155" style="width:116.3pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		2009/06/20</font></td>
	</tr>
	<tr>
		<td width="195" style="width:146.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">552110</font></td>
		<td width="138" style="width:103.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">355.01</font></td>
		<td width="155" valign="top" style="width:116.3pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		2009/06/20</font></td>
	</tr>
	<tr>
		<td width="195" style="width:146.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">552111</font></td>
		<td width="138" style="width:103.4pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">355.13</font></td>
		<td width="155" valign="top" style="width:116.3pt;padding:0in 1.5pt 0in 1.5pt">
		<p class="MsoNormal" align="center" style="margin-top:3.0pt;margin-right:0in;
  margin-bottom:3.0pt;margin-left:0in;text-align:center"><font size="2">
		2009/06/20</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Under the
Agreement, Carl von Einsiedel has a 2% Net Smelter Return (&quot;NSR&quot;) royalty
interest in the Chevron Claims, if and when Sungro exercises its option to
acquire a 100% interest in the Chevron Property by making the required cash
payments.&nbsp; NSR means the gross value of ore, ore concentrates or bullion shipped
from the Chevron Property as shown on the smelter settlement sheets and any
output or production tax levied with respect to production from the Chevron
Property.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sungro also
has the right to purchase at any time up to 1% (or 50% of the NSR) by paying Mr.
von Einsiedel $1,000,000 (CAD$1,000,000).</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Under the
Agreement, Sungro is required to make all filings related to the Chevron
Property and to maintain the Chevron Property and to maintain the Chevron Claims
in good standing by preparing and filing the assessment reports, paying taxes
and keeping the Chevron Property free and clear of all liens and encumbrances.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In order to
exercise the Option and to earn its 100% interest in the Property, Sungro has to
make cash payments totaling $99,938 (CAD$100,000) to Mr. von Einsiedel over four
years, within the following time schedule:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2,438 (CAD$2,500) upon signing of the Agreement (paid);</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $2,500 (CAD$2,500) within 10 days of Sungro being quoted for trading
on the NASD OTC Bulletin Board; </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
26</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $10,000 (CAD$10,000) on the first anniversary date of the Agreement;
</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $15,000 (CAD$15,000) on the second anniversary date of the Agreement;
</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $20,000 (CAD$20,000) on the third anniversary date of the Agreement;
and</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $50,000 (CAD$50,000) on the fourth anniversary date of the
Agreement.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Summary
Report on Properties</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Ian
Foreman, P.Geo. was hired by Sungro to provide an initial Summary Report dated
November 20, 2007 on the Chevron Claims.&nbsp; Mr. Foreman has been continuously
practicing in his profession as a geologist since 1993, and has experience in
precious and base metal exploration in both North and South America and Africa.&nbsp;
He graduated from Queen's University (1992) in Ontario, Canada, with a Bachelor
of Science degree in geology.&nbsp; He is a member of the Association of Professional
Engineers and Geoscientists of the Province of British Columbia (No. 23572).&nbsp;
Mr. Foreman does not have any interest in the Chevron Property or the Company.&nbsp;
The report is based on an assessment report dated October 1983.&nbsp; Mr. Foreman has
not visited the property.&nbsp; Mr. Foreman's report details the geological and
exploration history of the Chevron Property, including the land status, climate,
geology and mineralization. Based upon previous exploration activity in the
area, Mr. Foreman recommends the Company conduct a specific exploration program
on the Chevron Property.&nbsp; The purpose of this report was to evaluate the area of
the claim group, and the prior exploration work conducted on the claims, and to
recommend an exploration program.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Recommended Exploration Program</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Foreman
recommends an initial results-based three-phase exploration program, with Phase
1 consisting of mapping and prospecting throughout the property, and is
estimated to cost approximately $15,000.&nbsp; Phase 2 will consist of a ground
geophysical survey and sampling program, estimated to cost approximately
$20,000.&nbsp; If the results of Phase 1 and Phase 2 are favorable, Phase 3 will
consist of a selective drilling program.&nbsp; We will be able to estimate the cost
of Phase 3 after we finish the Phase 1 program.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Geological Exploration Program</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our mineral
claims presently do not have any mineral reserves.&nbsp; There is no mining plant or
equipment located on the property.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
yet commenced physical exploration of the Chevron Claims.&nbsp; Our exploration
program is exploratory in nature and there is no assurance that mineral reserves
will be found.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The
exploration program proposed by the Company's independent consultant is designed
to determine whether mineralization exists to the extent that further
exploration is recommended to outline any such mineralized zones.&nbsp; It is
uncertain at this time the precise quantity of minerals in the property that
would justify actual mining operations.&nbsp; If we decide to abandon our mineral
claim at any stage of our exploration program, we intend to acquire other
properties and conduct similar exploration programs. The other properties may be
located in the same mining district or we may in the future explore properties
located in other jurisdictions, which may include other provinces in Canada, or
in the United States.&nbsp; Currently, the Company does not have any other properties
or any intentions of acquiring any other properties.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">
We need to maintain the claims in good standing by
spending at least $4,532 (CAD$4,532) on the claims and file an assessment report
with the B.C. Mineral Titles Branch or by paying approximately $4,532 per year
to the Mineral Titles Branch of the Province of British Columbia.&nbsp; The next
filing or payment is due June 20, 2009.&nbsp; As of the date hereof, all required
filings have been made to maintain the three mineral claims in good standing
until June 20, 2009.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
27</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We plan to
conduct a Phase 1 and Phase 2 exploration program on the Chevron Property in the
summer of 2008.&nbsp; However, we presently have the funds to conduct only Phase 1.&nbsp;
We will need to raise additional money to conduct Phase 2 and Phase 3.&nbsp; Due to
extreme weather conditions, exploration activities can only be conducted between
July and September of each year.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Phase 1
consists of an intense program of mapping and prospecting throughout the
property, paying special attention to areas adjacent to the contact of the
volcanic package with the coarse clastic sediments, resampling all previous
areas of known mineralization, and creating a Global Position System database.&nbsp;
Phase 1 is estimated to cost $15,000 (CAD$15,000).</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We planned a
preliminary field visit in mid-September of 2007, but due to poor weather
conditions it was not possible to actually make it to the property.&nbsp; During
October and November of 2007 we updated the historic data collected by Chevron
in the early 1980's, digitizing the maps and 'georeferencing' them - this is the
process of imputing all of the relevant data into a Geographic Information
System (GIS) such that all the data is manipulatable and searchable.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Phase 2 will
consist of a ground geophysical survey extending across adjacent parts of the
property to delineate potential diamond drill targets, and follow-up sampling,
estimated to cost between CAD$15,000 and CAD$20,000.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We expect
Phase 3 to involve a selective drilling program.&nbsp; To maximize the effectiveness
of the drilling, we plan to align the holes such that there is potential to
intersect more than one vein with each hole.&nbsp; We cannot anticipate the cost for
a drill program until after Phase 1 is completed.&nbsp; We expect a majority of the
expense for Phase 3 to be the drill cost and helicopter support.&nbsp; We cannot
determine the cost of this drill program at this time, however, a 1,000 meter
drilling program would about CAD$250,000.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Foremost
Geological Consulting is a business operated by Mr. Ian Foreman.&nbsp; Mr. Foreman is
a qualified geologist and we have engaged him to conduct the mineral exploration
program under industry standards.&nbsp; He is responsible for hiring personnel and
for all appropriate worker-related costs and will bill us for their services.&nbsp;
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Canadian Mining Law</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The laws of
British Columbia govern work on the claim.&nbsp; Title to mineral claims are issued
and administered by the Land Title Office and any work on the property must
comply with all provisions under the Mineral Tenure Act (British Columbia).&nbsp; A
mineral claim acquires the right to the minerals, which were available at the
time of location and as defined in the Mineral Tenure Act (British Columbia).&nbsp;
There are no surface rights included, but the title holder has the right to use
the surface of the claim for mining proposes only.&nbsp; All work carried out on a
claim that disturbs the surface by mechanical means requires a Notice of Work
and must receive written approval from the District Inspector of Mines prior to
commencement. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>The sections below describing the property are excerpts from a summary
report dated November&nbsp;20, 2007 prepared by Mr. Foreman, our consulting
geologist.&nbsp; Mr. Foreman has not visited the site and no visual inspection has
been performed.&nbsp; Mr. Foreman's recommendations are based solely on his
interpretation of an assessment report dated October 1983. </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Location,
Access, Topography and Climate</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The claims are
located in the Tatsamenie Lake area, 87 miles (140 km) south of the town of
Atlin Lake, in northern British Columbia.&nbsp; The only direct access to the
Tatsamenie Lake area is by helicopter.&nbsp; The nearest community to the property is
the town of Atlin Lake, groceries, gas and basic supplies can be bought in Atlin
Lake.&nbsp; </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
28</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The climate of
the Tatsamenie Lake area is defined as sub-arctic.&nbsp; The mean summer and winter
temperatures are in the range of 59<sup>o</sup>F (15<sup>o</sup>C) and -11.2<sup>o</sup>F
(-24<sup>o</sup>C) respectively, and the mean summer and winter precipitation
average for northern British Columbia are in the range of 9.8 inches (25 cm) and
8.6 inches (22 cm) respectively with a majority of the winter precipitation
being in the form of snow.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">There are
seven separate drainages that flow from the property; three to the south, one to
the east (that flows into the Sheslay River) and three to the north (that flow
into Tatsatua Creek and ultimately into the Sheslay River).&nbsp; It is understood
that all of these have year round water.&nbsp; There is no infrastructure on the
property.&nbsp; The styles and types of vegetation through the property are unknown
at this time.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>History of
the Property</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The
exploration history of the area surrounding the Chevron Property is poorly
documented.&nbsp; The last known exploration in the area was performed by Chevron
Canada Ltd. in 1983.&nbsp; Chevron staked the Vein claims in 1982.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">It is assumed
that there has been no fieldwork performed in the area since. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Previous Work</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">A total of 549
soil samples and 71 rock samples have been taken from the property in 1983.&nbsp;
These samples were all analyzed by Chemex Labs in North Vancouver for gold,
arsenic, antimony, silver, and copper. Some of the samples have also been
analyzed for lead and zinc.&nbsp; The soil sampling was taken on a 100 meter basis to
provide total coverage of the claim and possibly pick up some areas that may
warrant further detailed sampling.&nbsp; Since the veins strike straight up and over
the hill the geochemical dispersion from the zone will be very small unless you
are directly over an individual vein.&nbsp; For this reason most of the anomalies are
spot type or at the most, three to four stations. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The soil
sampling has helped to confirm the presence of the veins but on the spacing used
it has not really provided truly valuable information. Much more detailed soil
sampling would be warranted if veins were to be detected in covered areas. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Current Work</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">A preliminary
field visit was planned for 2007 and in mid September a visit was attempted.&nbsp;
Unfortunately due to poor weather conditions it was not possible to actually
make it to the property.&nbsp; The early onset of winter in the north proved a
challenge to many exploration programs in northern B.C. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">During October
and November of 2007 the work consisted primarily of updating the historic data
collected by Chevron in the early 1980's.&nbsp; This entailed digitizing the maps and
'georeferencing' them - this is the process of imputing all of the relevant data
into a Geographic Information System (GIS) such that all the data is
manipulatable and searchable.&nbsp; This process was challenging as the quality of
the maps from the 1983 Chevron assessment report was poor.&nbsp; Although the new
data set is not pin point accurate, it is not critical at this stage of
exploration as the newly generated database clearly shows the locations of the
main concentrations of anomalous results. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Unfortunately
the gold results from the outcrop sampling could not be entered into the new
database as the numbers in the copy of the assessment report were illegible. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">All of this
work resulted in the filing of $3,575 of assessment work on November 19, 2007.&nbsp;
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Conclusions
and Recommendations</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Recent work
suggests that there are two key geochemical targets in the northwestern and
eastern portions of the property.&nbsp; A simple trenching program is recommended by
Mr. Foreman.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
29</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Mr. Foreman
also recommends obtaining a cleaner version of the 1983 assessment report by
going to the Victoria branch of the Ministry of Mines, and conducting a
three-phased exploration program of field work.&nbsp; The program would consist of
mapping and prospecting throughout the property, and if favorable, proceeding to
a second phase of ground geophysical survey that extends across adjacent parts
of the property to delineate potential diamond drill targets, and follow-up
sampling.&nbsp; Depending on the results of Phases 1 and 2, Phase 3 would involve a
selective drilling program.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Geological and Technical Staff&nbsp; </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Foremost
Geological Consulting is a business operated by Mr. Ian Foreman.&nbsp; Mr. Foreman is
a qualified geologist and we have engaged him to conduct the mineral exploration
program under industry standards.&nbsp; Mr. Foreman responsible for hiring personnel
and for all appropriate worker-related costs and will bill us for their
services.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Competitive Factors</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The mineral
industry is fragmented. We compete with other exploration companies looking for
a variety of mineral resources. We are a very small exploration company compared
to many of our competitors.&nbsp; Although we will be competing with other
exploration companies, there is no competition for the exploration of minerals
on our mineral claim.&nbsp; We intend to explore and find sufficient mineralization
to a point in which major mining companies or mining financial groups would
seriously consider pursuing the mineral claim as a valuable and significant
acquisition. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Location Challenges</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We do not
expect any major challenges in accessing the property during the initial
exploration stages.&nbsp; However, due to the seasonal winter conditions of the area,
we can only access the property between June and October of each year. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Regulations</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our mineral
exploration program will comply with the British Columbia Mineral Tenure Act.&nbsp;
This act sets forth rules for:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt">*&nbsp;&nbsp;locating claims<br>
*&nbsp;&nbsp;posting claims<br>
*&nbsp;&nbsp;working claims<br>
*&nbsp;&nbsp;reporting work performed</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We also have
to comply with the British Columbia Mineral Exploration Code which tells us how
and where we can explore for minerals.&nbsp; We must comply with these laws to
operate our business.&nbsp; Compliance with these rules and regulations will not
adversely affect our operations.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In order to
explore for minerals on our mineral claim we must submit the plan contained in
this prospectus for review.&nbsp; We believe that the plan as contained in this
prospectus will be accepted and an exploration permit will be issued to our
agent or us. The exploration permit is the only permit or license we will need
to explore for precious and base minerals on the mineral claim. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We will be
required to obtain additional work permits from the British Columbia Ministry of
Energy and Mines for any exploration work that results in a physical disturbance
to the land.&nbsp; Accordingly, we may be required to obtain a work permit depending
on the complexity and affect on the environment if we proceed beyond the
exploration work contemplated by our proposed exploration programs.&nbsp; The time
required to obtain a work period is approximately four weeks.&nbsp; We will incur the
expense of our consultants to prepare the required submissions to the Ministry
of Energy and Mines.&nbsp; We will be required by the Mining Act to undertake
remediation work on any work that results in physical disturbance to the </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
30</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">land.&nbsp; The
cost of remediation work will vary according to the degree of physical
disturbance.&nbsp; No remediation work is anticipated as a result of completion of
Phases 1, 2 and 3 of the exploration program.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have
budgeted for regulatory compliance costs in the proposed exploration program
recommended by the summary report.&nbsp; As mentioned above, we will have to sustain
the cost of reclamation and environmental remediation for all exploration and
other work undertaken.&nbsp; The amount of reclamation and environmental remediation
costs are not known at this time as we do not know the extent of the exploration
program that will be undertaken beyond completion of the recommended exploration
program.&nbsp; Because there is presently no information on the size, tenor, or
quality of any mineral resource at this time, it is impossible to assess the
impact of any capital expenditures on earnings or our competitive position in
the event a potential mineral deposit is discovered.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">If we enter
into substantial exploration, the cost of complying with permit and regulatory
environment laws will be greater than in Phases 1, 2 and 3 because the impact on
the project area is greater.&nbsp; Permits and regulations will control all aspects
of any program if the project continues to that stage because of the potential
impact on the environment.&nbsp; We may be required to conduct an environmental
review process under the British Columbia Environmental Assessment Act if we
determine to proceed with a substantial project.&nbsp; An environmental review is not
required under the Environmental Assessment Act to proceed with the recommended
Phase 1, 2 or 3 exploration programs on our Chevron Claims. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Environmental Factors</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We will also
have to sustain the cost of reclamation and environmental remediation for all
work undertaken which causes sufficient surface disturbance to necessitate
reclamation work.&nbsp; Both reclamation and environmental remediation refer to
putting disturbed ground back as close to its original state as possible.&nbsp; Other
potential pollution or damage must be cleaned-up and renewed along standard
guidelines outlined in the usual permits.&nbsp; Reclamation is the process of
bringing the land back to a natural state after completion of exploration
activities.&nbsp; Environmental remediation refers to the physical activity of taking
steps to remediate, or remedy, any environmental damage caused, i.e. refilling
trenches after sampling or cleaning up fuel spills.&nbsp; Our initial programs do not
require any reclamation or remediation other than minor clean up and removal of
supplies because of minimal disturbance to the ground.&nbsp; The amount of these
costs is not known at this time as we do not know the extent of the exploration
program we will undertake, beyond completion of the recommended three phases
described above.&nbsp; Because there is presently no information on the size, tenor,
or quality of any resource or reserve at this time, it is impossible to assess
the impact of any capital expenditures on our earnings or competitive position
in the event a potentially economic deposit is discovered.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Employees</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Initially, we
intend to use the services of contractors and consultants for exploration work
on our properties. At present, we have no paid employees.&nbsp; We believe keeping a
low number of full-time employees will conserve cash and allow greater
flexibility in the future.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Plan Of Operations</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our business
plan is to proceed with the exploration of the Chevron Claims to determine
whether there are commercially exploitable reserves of base and precious
metals.&nbsp; We have decided to embark upon the initial phase of the exploration
program recommended by Mr. Ian Foreman, P.Geo.&nbsp; We anticipate the initial
recommended program will cost approximately $15,000.&nbsp; </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Specifically,
we anticipate spending the following over the next 12 months:</p>
<ul>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">$12,500
	(CAD$12,500) in connection with our payment obligations under the Option
	Agreement;</li>
</ul>
<p class="MsoNormal" style="text-align: center; text-indent: -.25in; margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">&nbsp;31</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<ul>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">$22,000
	for operating expenses and $42,500 for payment of offering expenses related
	to this Registration Statement; and</li>
	<li>
	<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">$15,000
	(CAD$15,000) in connection with the completion of Phase 1 of our recommended
	geological work program.</li>
</ul>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We expect our
total expenditures for the next 12 months to be in the higher range of $92,000.&nbsp;
On November 30, 2007 we had cash on hand of $91,769 and working capital of
$73,605.&nbsp; We are able to proceed with Phase 1 without additional financing.&nbsp; But
we will need additional funding of at least $18,400 to meet our expenditures for
the next 12 months and another $20,000 to commence Phase 2.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We had cash in
the amount of $91,769 and working capital of $73,605 as of November 30, 2007.&nbsp;
We do not have plans to purchase any significant equipment or change the number
of our employees during the next 12 months. In the next the 12 months, we will
need to obtain additional financing to pay for our working capital needs.&nbsp; We
anticipate that we will raise the working capital by a private placement of our
common shares.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are a
start-up, exploration stage corporation and have not yet generated or realized
any revenues from our business operations.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our auditors
have issued a going concern opinion.&nbsp; This means that there is substantial doubt
that we can continue as an on-going business for the next twelve months unless
we obtain additional capital to pay our bills.&nbsp; This is because we have not
generated any revenues and no revenues are anticipated until we begin removing
and selling minerals.&nbsp; There is no assurance we will ever reach this point.&nbsp;
Accordingly, we must raise cash from sources other than the sale of minerals
found on the property.&nbsp; That cash must be raised from other sources.&nbsp; Our only
other source for cash at this time is investments by others.&nbsp; We must raise cash
to implement our project and stay in business. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We expect that
our Phase 1 exploration program will commence between July to September of 2008
and if we are able to raise additional funds, we will proceed with Phase 2 in
succession with Phase 1.&nbsp; Once we receive the results of our Phase 1 and Phase 2
exploration programs, our board of directors, in consultation with our
consulting geologist, will assess whether to proceed with the Phase 3
exploration program.&nbsp; In making this determination to proceed, we will make an
assessment as to whether the results of the initial exploration phases are
sufficiently positive to enable us to proceed.&nbsp; This determination will include
an assessment of our cash reserves after completion of the initial phases, the
price of minerals and the market for financing of mineral exploration projects
at the time of our assessment. Should the results of our initial exploration
program prove not to be sufficiently positive to proceed with further
exploration on the Chevron Claims, we intend to seek out and acquire other North
American mineral exploration properties, which, in the opinion of our consulting
geologist, offer attractive mineral exploration opportunities. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Should a Phase
3 exploration program be undertaken, it would likely commence in July of 2009
after reviewing the results of Phase 1 and Phase 2.&nbsp; We cannot anticipate the
cost and scope of Phase 3 until after Phase 1 is completed.&nbsp; We expect a
majority of the expense for Phase 3 to be the drill cost and helicopter support,
and a 1,000 meter program would cost approximately $250,000.&nbsp; We presently do
not have sufficient funds to carry out Phase 3.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">During this
exploration stage, Mr. Mal Bains, our president, will only be devoting
approximately 10 hours per week of his time to our business. We do not foresee
this limited involvement as negatively impacting our company over the next 12
months as an outside consultant is performing all exploratory work.&nbsp; If,
however, the demands of our business require more time of Mr. Bains, such as
raising additional capital or addressing unforeseen issues with regard to our
exploration efforts, he is prepared to adjust his timetable to devote more time
to our business, up to 20 hours.&nbsp; Mr. Bains is also the principal of M. Bains
Financial Inc., and he may not be able to devote the necessary time to the
affairs of our business because of competing demands from M. Bains Financial
Inc.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
32</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In the event
that we require additional funding, we anticipate that such funding will be in
the form of equity financing from the sale of our common stock.&nbsp; We will not be
using this prospectus in any subsequent unregistered offering and we will comply
with applicable integration rules as set forth in Rule 502(a) of Regulation D.&nbsp;
However, we cannot provide investors with any assurance that we will be able to
raise sufficient funding from the sale of our common stock to fund additional
phases of the exploration program should we decide to proceed. We believe that
debt financing will not be an alternative for funding any further phases in our
exploration program. The risky nature of this enterprise and lack of tangible
assets places debt financing beyond the credit-worthiness required by most banks
or typical investors of corporate debt until such time as an economically viable
mine can be demonstrated. We do not have any arrangements in place for any
future equity financing. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><a name="_Toc156803490"><b>Results of Operations for Period Ending </b>
</a><b>November 30, 2007 </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We did not
earn any revenues from inception on August 10, 2007 to November 30, 2007.&nbsp; We do
not anticipate earning revenues until such time as we have entered into
commercial production of our mineral properties. We are presently in the
exploration stage of our business and we can provide no assurance that we will
discover commercially exploitable levels of mineral resources on our properties,
or if such resources are discovered, that we will enter into commercial
production of our mineral properties. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We incurred
operating expenses in the amount of $26,395 for the period from inception on
August 10, 2007 to November 30, 2007.&nbsp; These operating expenses included: (a)
mineral property costs of $9,987; and (b) general and administrative expenses of
$16,408.&nbsp; We anticipate our operating expenses will not change significantly as
we undertake our exploration program.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We incurred a
loss in the amount of $26,395 for the period from inception on August 10, 2007
to November 30, 2007. Our loss was attributable to general, administrative
expenses and mineral property expenses.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify;page-break-after:
avoid"><b>Liquidity and Capital Resources </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We had cash of
$91,769 as of November 30, 2007.&nbsp; We had working capital of $73,605 as of
November&nbsp;30, 2007.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
attained profitable operations and are dependent upon obtaining financing to
pursue exploration activities. For these reasons our auditors stated in their
report that they have substantial doubt we will be able to continue as a going
concern. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Description
of Property </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Our only
property is in option to acquire a 100% interest in and to three mineral claims
covering 1,132.97 hectares (2,799.63 acres) known as the Chevron Property.&nbsp; The
Chevron Claims are located in the Tatsamenie Lake area, 87 miles (140 km) south
of the town of Atlin Lake, in northern British Columbia.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We do not own
or lease any property other than our interest in the Chevron Claims.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Currently, we
are not paying any monthly rent for our office space located at 7445 132<sup>nd</sup>
Street, Suite 2008, Surrey, British Columbia.&nbsp; This space is donated by Mr.
Mal Bains, our sole executive officer and director.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center;
page-break-after:avoid"><b>Available Information</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are filing
a registration statement on Form S-1 with the United States Securities and
Exchange Commission, under the Securities Act of 1933, covering the securities
in this offering.&nbsp; As permitted by rules and regulations of the Commission, this
prospectus does not contain all of the information in the registration
statement.&nbsp; For further information regarding both Sungro Minerals Inc. and the
securities in this offering, we refer you to the registration statement,
including all exhibits and schedules.&nbsp; As of the </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
33</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">effective date
of this prospectus, we will have to comply with the information requirements of
the Securities Exchange Act of 1934. Upon effectiveness of the Form S-1
registration statement, we will be required to file reports with the SEC under
section 15(d) of the Securities Act.&nbsp; The reports we will be required to file
are Forms 10-K, 10-Q and 8-K. These materials will be available for inspection
and copying at the public reference facilities maintained by the Commission at
Room 100 F Street, NE Washington, DC 20549.&nbsp; Copies of the material may be
obtained from the public reference section, at prescribed rates.&nbsp; Please call
the Commission at 1-800-SEC-0330.&nbsp; The Commission maintains an Internet Web site
located at http://www.sec.gov that contains reports, proxy and information
statements and other information regarding issuers that file reports
electronically with the Commission. The site is accessible by the public through
any Internet access service provider.&nbsp; Our registration statement and the
referenced exhibits can also be found on this site.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
34</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>SUNGRO MINERALS INC.<br>
INDEX
TO FINANCIAL STATEMENTS</b></p>
<p class="MsoNormal">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Auditor's Report</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">37</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Balance Sheet</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">38</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Statement of Changes in Stockholders' Equity</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">39</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Statement of Operations</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">40</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Statement of Cash Flows</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">41</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.86%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">&nbsp;</font></td>
		<td width="83%" valign="top" style="width:83.64%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="text-align: justify; margin-top: 12.0pt">
		<font size="2">Notes to Financial Statements</font></td>
		<td width="8%" valign="top" style="width:8.5%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="center" style="text-align: center; margin-top: 12.0pt">
		<font size="2">42</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
35</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
</FONT><FONT FACE="Arial" SIZE=4>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Sungro Minerals Inc.<br>
</b>
</FONT><FONT FACE="Arial" SIZE=2><i>(An Exploration Stage Company)</i></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Financial Statements</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>November 30, 2007</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
(Presented In US Dollars)</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
36</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse">
	<tr>
		<td width="288" valign="top" style="width:3.0in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><b>CHARTERED<br>
		ACCOUNTANTS</b><br>
		MacKay LLP</td>
		<td width="192" valign="top" style="width:2.0in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="1">1100 -
		1177 West Hastings Street<br>
		Vancouver, BC V6E 4T5<br>
		Tel: 604-687-4511<br>
		Fax: 604-687-5805<br>
		Toll Free: 1-800-351-0426<br>
		www.MacKayLLP.ca</font></td>
	</tr>
</table>
<p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal"><b>Report of Independent Registered Public Accounting Firm</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>To the Shareholders of <br>
Sungro Minerals Inc.<br>
</b>(an Exploration Stage Enterprise)<br>
Vancouver, Canada</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have
audited the balance sheet of Sungro Minerals Inc. (an Exploration Stage
Enterprise) as at November 30, 2007 and the statement of operations and deficit,
stockholders' equity, and cash flows for the period from incorporation on August
10, 2007 to November 30, 2007.&nbsp; These financial statements are the
responsibility of the Company's management.&nbsp; Our responsibility is to express an
opinion on these financial statements based on our audit.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We conducted
our audit in accordance with the standards of the Public Company Accounting
Oversight Board (United States).&nbsp; Those standards require that we plan and
perform an audit to obtain reasonable assurance whether the financial statements
are free of material misstatements.&nbsp; The Company has determined that it is not
required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting.&nbsp; Our audit included consideration of internal
control over financial reporting as a basis for designing audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Company's internal control over financial
reporting.&nbsp; Accordingly, we express no such opinion.&nbsp; An audit also includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation.&nbsp; We believe that our audit provides a
reasonable basis for our opinion.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In our
opinion, these financial statements present fairly, in all material respects,
the financial position of the Company as at November 30, 2007 and the results of
its operations and its cash flows for the period from incorporation on August
10, 2007 to November 30, 2007 in conformity with U.S. generally accepted
accounting principles.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The
accompanying financial statements referred to above have been prepared assuming
that the Company will continue as a going concern.&nbsp; As discussed in Note 1 to
financial statements, the Company is in the exploration stage, and has no
permanently established source of revenue and is dependent on its ability to
raise capital from shareholders or other sources to sustain operations.&nbsp; These
factors, along with other matters as set forth in Note 1, raise substantial
doubt that the Company will be able to continue as a going concern.&nbsp; The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="53%" valign="top" style="width:53.04%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><b><font size="2">
		Vancouver, Canada<br>
		</font></b><font size="2">January 28, 2008</font></td>
		<td width="46%" valign="top" style="width:46.96%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<b><i><font size="2">&quot;MacKay LLP&quot;<br>
		</font></i></b><font size="2">Chartered Accountants</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
37</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial">
<p class="MsoNormal" align="center" style="text-align:center"><b>
Sungro Minerals Inc.<br>
</b>
</FONT><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
</i>
</FONT><FONT FACE="Arial" SIZE=2><b>Balance Sheet</b><br>
(Presented in US Dollars)<br>
<br>
&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:13.5pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal"><b><font size="2">As at November 30, 2007</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align: right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width: 66.48%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.08%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.38%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.18%; height: 12.75pt; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.86%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><b><font size="2">Assets</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Current</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Cash</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right"><font size="2">91,769</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width: 66.48%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.08%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.38%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.18%; height: 12.75pt; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.86%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><b><font size="2">Liabilities</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Current</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Accounts
		payable and accrued liabilities</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;border:none;
  border-bottom:solid windowtext .5pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right"><font size="2">18,164</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><b><font size="2">Stockholders' Equity</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Capital stock (Note 4)</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">
		Authorized: </font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 20.0pt"><font size="2">
		75,000,000 common shares, par value $0.001 per share</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Issued
		and outstanding: </font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 20.0pt"><font size="2">
		9,750,000 common shares</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt" align="right">
		<p class="MsoNormal"><font size="2">9,750</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Additional paid-in capital</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt" align="right">
		<p class="MsoNormal"><font size="2">90,250</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Deficit accumulated during the
		exploration stage</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt" align="right">
		<p class="MsoNormal"><font size="2">(26,395)</font></td>
	</tr>
	<tr style="height:15.95pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;border-top:solid windowtext .5pt;
  border-left:none;border-bottom:solid windowtext .5pt;border-right:none;
  padding:0in 5.75pt 0in 0in;height:15.95pt" align="right">
		<p class="MsoNormal"><font size="2">73,605</font></td>
	</tr>
	<tr style="height:20.1pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt" align="right">
		<p class="MsoNormal"><font size="2">91,769</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width: 66.48%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.08%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.38%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.18%; height: 12.75pt; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.86%; height: 12.75pt; border: medium none; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="66%" nowrap valign="bottom" style="width:66.48%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Nature of operations and going
		concern (Note 1)</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.08%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.38%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.18%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.86%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">Approved by the sole director:</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt"><u>/s/ Mal
Bains&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;Director </p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
See Accompanying Notes</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
38</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<p class="MsoNormal"><b>Sungro Minerals Inc.<br>
</b>
</FONT><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
</i>
</FONT><FONT FACE="Arial" SIZE=2><b>Statement of Changes in Stockholders' Equity<br>
</b>(Presented in US Dollars)</p>
<p class="MsoNormal"><b>&nbsp;</b></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:13.5pt">
		<td width="72%" nowrap valign="bottom" style="width:72.1%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal"><b><font size="2">For the Period from August 10,
		2007 (Inception) to November 30, 2007</font></b></td>
		<td width="12%" nowrap valign="bottom" style="width:12.72%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">&nbsp;</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.06%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">&nbsp;</font></b></td>
		<td width="12%" nowrap valign="bottom" style="width:12.12%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">&nbsp;</font></b></td>
	</tr>
</table>
<p class="MsoNormal">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="26%" nowrap colspan="3" valign="bottom" style="width:26.68%;
  border:none;border-bottom:solid windowtext .5pt;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="center" style="text-align:center"><b>
		<font size="2">&nbsp;Common stock </font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Deficit</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Accumulated</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Additional</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">During</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">&nbsp;Total</font></b></td>
	</tr>
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Number of</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">paid-in</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Exploration</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">stockholders'</font></b></td>
	</tr>
	<tr style="height:11.25pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Shares</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Amount</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Capital</font></b></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">Stage</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:11.25pt">
		<p class="MsoNormal" align="right" style="text-align:right"><b>
		<font size="2">&nbsp;Equity</font></b></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Issuance of common stock for</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="margin-left:.2in"><font size="2">cash at
		$0.001 per share,<br>
		August 15, 2007</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">5,000,000</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">5,000</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">5,000</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Issuance of common stock for</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" style="margin-left:.2in"><font size="2">cash at
		$0.02 per share,<br>
		September 18, 2007</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">4,750,000</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">4,750</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">90,250</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">95,000</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Net loss for the period</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;padding:0in 5.75pt 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.0%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.06%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">(26,395)</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;padding:0in 0in 0in 0in;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width:12.66%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 5.75pt 0in 0in;height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">(26,395)</font></td>
	</tr>
	<tr style="height:20.1pt">
		<td width="25%" nowrap valign="bottom" style="width:25.9%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt">
		<p class="MsoNormal"><font size="2">Balance, November 30, 2007</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 5.75pt 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="12%" nowrap valign="bottom" style="width: 12.0%; height: 20.1pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.5pt solid windowtext; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">9,750,000</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width: 12.06%; height: 20.1pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.5pt solid windowtext; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">9,750</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width: 12.06%; height: 20.1pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.5pt solid windowtext; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">90,250</font></td>
		<td width="2%" nowrap valign="bottom" style="width:2.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width: 12.66%; height: 20.1pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.5pt solid windowtext; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">(26,395)</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.16%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="12%" nowrap valign="bottom" style="width: 12.66%; height: 20.1pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.5pt solid windowtext; padding-left: 0in; padding-right: 5.75pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">73,605</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
See Accompanying Notes</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
39</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<p class="MsoNormal"><b>Sungro Minerals Inc.<br>
</b>
</FONT><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
</i>
</FONT><FONT FACE="Arial" SIZE=2><b>Statement of Operations<br>
</b>(Presented in US Dollars)<br>
<br>
&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:13.5pt">
		<td width="82%" nowrap valign="bottom" style="width:82.44%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal"><b><font size="2">For the Period from August 10,
		2007 (Inception) to November 30, 2007</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.78%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">&nbsp;</td>
		<td width="13%" nowrap valign="bottom" style="width:13.78%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">&nbsp;</td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">General and administrative expenses</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">
		Accounting and legal</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">16,180</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Bank
		charges and interest</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">31</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Foreign
		exchange loss</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">197</font></td>
	</tr>
	<tr style="height:15.95pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;border-top:solid windowtext .5pt;
  border-left:none;border-bottom:solid windowtext .5pt;border-right:none;
  padding:0in 2.85pt 0in 2.85pt;height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">16,408</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Mineral property expenses</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">
		Acquisition</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">2,438</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">
		Geological consulting</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">4,000</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Travel
		and transportation</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">3,549</font></td>
	</tr>
	<tr style="height:15.95pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;border-top:solid windowtext .5pt;
  border-left:none;border-bottom:solid windowtext .5pt;border-right:none;
  padding:0in 2.85pt 0in 2.85pt;height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">9,987</font></td>
	</tr>
	<tr style="height:20.1pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:20.1pt">
		<p class="MsoNormal"><font size="2">Net loss and comprehensive loss for
		the period</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;border:none;border-bottom:
  solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;height:20.1pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;border:none;border-bottom:
  solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;height:20.1pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:20.1pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">26,395</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width: 76.7%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.0%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.0%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.62%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.68%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="76%" nowrap valign="bottom" style="width:76.7%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">Basic and diluted loss per common
		share</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;border:none;border-bottom:
  solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.0%;border:none;border-bottom:
  solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align: right">
		<font size="2">(0.005)</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="76%" nowrap valign="bottom" style="width: 76.7%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.0%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.0%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.62%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width: 13.68%; height: 12.75pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="82%" nowrap colspan="3" valign="bottom" style="width:82.7%;border:
  none;border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">Weighted average number of basic and
		diluted common shares outstanding</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="13%" nowrap valign="bottom" style="width:13.68%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">5,627,451 </font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
See Accompanying Notes</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
40</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<p class="MsoNormal"><b>Sungro Minerals Inc.<br>
</b>
</FONT><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
</i>
</FONT><FONT FACE="Arial" SIZE=2><b>Statement of Cash Flows<br>
</b>(Presented in US Dollars)<br>
<br>
&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:13.5pt">
		<td width="81%" nowrap valign="bottom" style="width:81.28%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal"><b><font size="2">For the Period from August 10,
		2007 (Inception) to November 30, 2007</font></b></td>
		<td width="3%" nowrap valign="bottom" style="width:3.8%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.94%;border:none;
  border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><b><font size="2">Cash provided by (used in)</font></b></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Operating activities</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Net loss</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">(26,395)</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Change
		in accounts payable and accrued liabilities</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">18,164</font></td>
	</tr>
	<tr style="height:15.95pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;border-top:solid windowtext .5pt;
  border-left:none;border-bottom:solid windowtext .5pt;border-right:none;
  padding:0in 2.85pt 0in 2.85pt;height:15.95pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">(8,231)</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">Financing activities</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">Issuance
		of common stock</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;border:none;
  border-bottom:solid windowtext .5pt;padding:0in 2.85pt 0in 2.85pt;height:
  12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">100,000</font></td>
	</tr>
	<tr style="height:12.75pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" style="text-indent: 10.0pt"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:12.75pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">Net change in cash - cash, end of
		period</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">91,769</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width: 78.3%; height: 13.5pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width: 1.92%; height: 13.5pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width: 1.92%; height: 13.5pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width: 3.62%; height: 13.5pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width: 14.24%; height: 13.5pt; border: medium none; padding-left: 2.85pt; padding-right: 2.85pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">Supplemental cash flow information</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" style="margin-left:1.0gd"><font size="2">Interest
		paid</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
	</tr>
	<tr style="height:13.5pt">
		<td width="78%" nowrap valign="bottom" style="width:78.3%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" style="margin-left:1.0gd"><font size="2">Income
		taxes paid</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="1%" nowrap valign="bottom" style="width:1.92%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="3%" nowrap valign="bottom" style="width:3.62%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">$</font></td>
		<td width="14%" nowrap valign="bottom" style="width:14.24%;border:none;
  border-bottom:solid windowtext 1.5pt;padding:0in 2.85pt 0in 2.85pt;
  height:13.5pt">
		<p class="MsoNormal" align="right" style="text-align:right">
		<font size="2">-</font></td>
	</tr>
</table>
<p class="MsoNormal"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>&nbsp;</b></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
See Accompanying Notes</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
41</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
	<b>Sungro Minerals Inc.<br>
	</b>
</FONT><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
	</i>
</FONT><FONT FACE="Arial" SIZE=2>Notes to the Financial Statements<br>
(Presented in US dollars)<br>
<br>
<b>November 30, 2007</b></div>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>1.&nbsp;&nbsp; Nature of Operations and
Going Concern</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">Sungro Minerals
Inc. (the &quot;Company&quot;) was incorporated in the State of Nevada on August 10, 2007.
The Company is engaged in the exploration, development, and acquisition of
mineral properties.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">The accompanying
financial statements have been prepared on the basis of accounting principles
applicable to a going concern; accordingly, they do not give effect to
adjustment that would be necessary should the Company be unable to continue as a
going concern and therefore be required to realize its assets and retire its
liabilities in other than the normal course of business and at amounts different
from those in the accompanying financial statements. Management plans to raise
cash from public or private debt or equity financing, on an as needed basis and
in the longer term, to generate revenues from the acquisition, exploration and
development of mineral interests, if found. The Company's ability to continue as
a going concern is dependent upon achieving profitable operations and/or upon
obtaining additional financing. The outcome of these matters cannot be predicted
at this time.</p>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>2.&nbsp;&nbsp; Significant Accounting
Policies</b></p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>a)&nbsp;&nbsp; Exploration Stage Company</b></p>
<p class="MsoNormal" style="margin-top:10.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The Company is
considered to be in the exploration stage. The Company is devoting substantially
all of its present efforts to exploring and identifying mineral properties
suitable for development.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>b)&nbsp;&nbsp; Accounting Principles</b></p>
<p class="MsoNormal" style="margin-top:10.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The accounting
and reporting policies of the Company conform to United States generally
accepted accounting principles applicable to exploration stage enterprises.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>c)&nbsp;&nbsp; Mineral Property Exploration</b></p>
<p class="MsoNormal" style="margin-top:10.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The Company is in
the exploration stage and has not yet realized any revenue from its planned
operations. It is primarily engaged in the acquisition, exploration, and
development of mineral properties. Mineral property acquisition and exploration
costs are expensed as incurred.&nbsp; When it has been determined that a mineral
property can be economically developed as a result of establishing proven and
probable reserves, the costs incurred to develop such property are capitalized.
Such costs will be depreciated using the units-of-production method over the
estimated life of the probable reserve.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<a name="_Ref181755168"><b>d)&nbsp;&nbsp; Asset Retirement Obligations</b></a></p>
<p class="MsoNormal" style="margin-top:10.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">
The Company accounts for asset retirement obligations in
accordance with SFAS 143. This standard requires recognition of legal
obligations associated with the retirement of long-lived assets that result from
the acquisition, construction, development and the normal operation of a
long-lived asset. Such asset retirement cost must be recognized at fair value,
when a reasonable estimate of fair value can be made, in the period in which it
is incurred, added to the carrying value of the asset and amortized into income
on a systematic basis over its useful life.</p>
<p class="MsoNormal" style="margin-top:10.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">As at November
30, 2007 the Company does not have any asset retirement obligations.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
42</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
	<b>Sungro Minerals Inc.<br>
	</b>
</FONT>
	<FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
	</i>
</FONT><FONT FACE="Arial" SIZE=2>Notes to the Financial Statements<br>
(Presented in US dollars)<br>
<br>
<b>November 30, 2007</b></div>
</FONT>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>2.&nbsp;&nbsp; Significant Accounting
Policies </b><i>(continued</i><b>)</b></p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>e)&nbsp;&nbsp; Foreign Currency Translation</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The Company's
functional and reporting currency is the U.S. Dollar. All transactions initiated
in foreign currencies are translated into U.S. dollars in accordance with SFAS
No. 52 &quot;Foreign Currency Translation&quot; as follows:</p>
<p class="MsoNormal" style="text-align: justify; margin-left: .5in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
i)&nbsp;&nbsp;&nbsp; monetary assets and liabilities at the rate of exchange in effect at the
balance sheet date; </p>
<p class="MsoNormal" style="text-align: justify; margin-left: .5in">ii)&nbsp;&nbsp;&nbsp;
non-monetary assets at historical rates; and</p>
<p class="MsoNormal" style="text-align: justify; margin-left: .5in">iii)&nbsp;&nbsp;
revenue and expense items at the average rate of exchange prevailing during the
period.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">Gains and losses
from foreign currency transactions are included in the statement of operations.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>f)&nbsp;&nbsp;&nbsp; Basic and Diluted Loss Per Share</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">Basic loss per
share is computed by dividing the net loss by the weighted average number of
shares outstanding during the period. Diluted loss per share is the same as
basic loss per share, as there are no common stock equivalents at November 30,
2007.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>g)&nbsp;&nbsp; Financial Instruments</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">Fair value
estimates of financial instruments are made at a specific point in time, based
on relevant information about financial markets and specific financial
instruments. As these estimates are subjective in nature, involving
uncertainties and matters of significant judgment, they cannot be determined
with precision. Changes in assumptions can significantly affect estimated fair
values.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>h)&nbsp;&nbsp; Income Taxes</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">Income taxes are
provided for using the liability method of accounting. A deferred tax asset or
liability is recorded for all temporary differences between financial and tax
reporting. Deferred income taxes and tax benefits are recognized for the future
tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases, and for tax loss and credit carry-forwards. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. The Company provides for deferred tax assets for the
estimated future tax effects attributable to temporary differences and
carry-forwards when realization is more likely than not.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>i)&nbsp;&nbsp;&nbsp; Cash and Cash Equivalents</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">For purposes of
the statement of cash flows, cash includes demand deposits, saving accounts and
money market accounts. The Company considers all highly liquid debt instruments
with maturities of three months or less when purchased to be cash equivalents.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
43</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial"><FONT FACE="Arial" SIZE=4>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
	<b>Sungro Minerals Inc.<br>
	</b>
</FONT>
</FONT><FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
	</i>
</FONT><FONT FACE="Arial" SIZE=2>Notes to the Financial Statements<br>
(Presented in US dollars)<br>
<br>
<b>November 30, 2007</b></div>
</FONT>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>2.&nbsp;&nbsp; Significant Accounting
Policies </b><i>(continued)</i></p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>j)&nbsp;&nbsp;&nbsp; Revenue Recognition</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The Company
recognizes revenue from the sale of products and services in accordance with
Securities and Exchange Commission Staff Accounting Bulletin No. 104 (&quot;SAB
104&quot;), &quot;Revenue Recognition in Financial Statements.&quot; </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">As at November
30, 2007, the Company had no revenues to report.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>k)&nbsp;&nbsp; Estimates</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The preparation
of financial statements in conformity with US generally accepted accounting
principles requires management to make estimates and assumptions that affect the
reported amount of assets and liabilities and disclosure of contingent
liabilities at the date of the financial statements, and the reported amounts of
revenues and expenditures during the reporting period. Actual results could
differ from those reported.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>l)&nbsp;&nbsp;&nbsp; Recent Accounting Pronouncements</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">In June 2006, the
Financial Accounting Standards Board (&quot;FASB&quot;) issued Accounting for Uncertain
Tax Positions - an Interpretation of FASB Statement No. 109, FIN 48, which
prescribes a recognition and measurement model for uncertain tax positions taken
or expected to be taken in the Company's tax returns. FIN 48 provides guidance
on recognition, classification, presentation, and disclosure of unrecognized tax
benefits. The Company is required to adopt FIN 48 on November 1, 2007.
Management does not expect the adoption of this statement to have any impact on
the Company's financial statements.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">In September
2006, the FASB issued SFAS 157, Fair Value Measurements, which defines fair
value, establishes a framework for measuring fair value, and expands fair value
disclosures. The standard does not require any new fair value measurements. This
standard is effective for fiscal years beginning after November 15, 2007.
Management is currently assessing the impact on the Company's financial
statements.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">In February,
2007, the FASB issued Statement of Financial Accounting Standards No. 159, &quot;The
Fair Value Option for Financial Assets and Financial Liabilities - Including an
amendment of FASB Statement No. 115&quot; (hereinafter &quot;SFAS No. 159&quot;). This
statement permits entities to choose to measure many financial instruments and
certain other items at fair value. The objective is to improve financial
reporting by providing entities with the opportunity to mitigate volatility in
reported earnings caused by measuring related assets and liabilities differently
without having to apply complex hedge accounting provisions. This Statement is
expected to expand the use of fair value measurement, which is consistent with
the Board's long-term measurement objectives for accounting for financial
instruments. This statement is effective as of the beginning of an entity's
first fiscal year that begins after November 15, 2007, although earlier adoption
is permitted. Management has not determined the effect that adopting this
statement would have on the Company's financial condition or results of
operation.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
44</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
	<b>Sungro Minerals Inc.<br>
	</b>
</FONT>
	<FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
	</i>
</FONT><FONT FACE="Arial" SIZE=2>Notes to the Financial Statements<br>
(Presented in US dollars)<br>
<br>
<b>November 30, 2007</b></div>
</FONT>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>3.&nbsp;&nbsp; Mineral Property</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">On September 6,
2007, the Company entered into an agreement with an unrelated party to acquire a
100% interest in certain mineral claims located near Telegraph Creek in
northwestern British Columbia. To earn the 100% interest, the Company, at its
option, must make payments totaling Cdn$100,000 over a four year period, of
which Cdn$2,500 ($2,438) has been paid as of November 30, 2007. The vendor of
the mineral claims will retain a 2% net smelter return royalty (&quot;NSR&quot;). The
Company will have the right to purchase up to 50% of the NSR (representing a 1%
NSR) for Cdn$1,000,000 at any time.</p>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>4.&nbsp;&nbsp; Capital Stock</b></p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>a)&nbsp;&nbsp; Authorized </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">The Company has
authorized 75,000,000 common shares with a par value of $0.001 per share.</p>
<p class="MsoNormal" style="margin-left: .25in; margin-right: 0in; margin-top: 12.0pt; margin-bottom: .0001pt">
<b>b)&nbsp;&nbsp; Share Issuances</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">During the period
ended November 30, 2007, the Company issued 5,000,000 common shares for gross
proceeds of $5,000 to the Company's president.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify">During the period
ended November 30, 2007, the Company issued 4,750,000 common shares for gross
proceeds of $95,000.</p>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>5.&nbsp;&nbsp; Financial Instruments</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">The Company's
financial instruments consist of cash, accounts payable and accrued liabilities.
It is management's opinion that the Company is not exposed to significant
interest or credit risks arising from these financial instruments. Because of
the short maturity and capacity of prompt liquidation of such assets and
liabilities, the fair values of these financial instruments approximate their
carrying values. </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">The Company may
operate outside the United States of America and thus may have significant
exposure to foreign currency risk in the future due to the fluctuations between
the currency in which the Company operates and the U.S. dollar.</p>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>6.&nbsp;&nbsp; Income Taxes</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">A reconciliation
of income taxes at statutory rates with the reported income taxes is as follows:</p>
<p class="MsoNormal" style="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="56%" valign="top" style="width:56.92%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">Loss before income taxes</font></td>
		<td width="18%" valign="top" style="width:18.46%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.16%;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-indent: 0in; margin-left: 0in">
		<font size="2">$</font></td>
		<td width="12%" valign="top" style="width:12.3%;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">(26,395)</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="56%" valign="top" style="width:56.92%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="18%" valign="top" style="width:18.46%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="12%" valign="top" style="width:12.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="56%" valign="top" style="width:56.92%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">Income tax recovery at statutory rate - 15%</font></td>
		<td width="18%" valign="top" style="width:18.46%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="12%" valign="top" style="width:12.3%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">3,959</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="56%" valign="top" style="width:56.92%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">Unrecognized benefit of operating losses</font></td>
		<td width="18%" valign="top" style="width:18.46%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.16%;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="12%" valign="top" style="width:12.3%;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">(3,959)</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.16%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="56%" valign="top" style="width:56.92%;border:none;border-bottom:
  solid windowtext 2.25pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="18%" valign="top" style="width:18.46%;border:none;border-bottom:
  solid windowtext 2.25pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-align: justify; text-indent: 0in; margin-left: 0in">
		<font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.16%;border:none;border-bottom:solid windowtext 2.25pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" style="text-indent: 0in; margin-left: 0in">
		<font size="2">$</font></td>
		<td width="12%" valign="top" style="width:12.3%;border:none;border-bottom:solid windowtext 2.25pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">-</font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
45</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
</FONT><FONT FACE="Arial" SIZE=4>
<div style="border:none;border-bottom:solid windowtext 1.5pt;padding:0in 0in 1.0pt 0in">
	<b>Sungro Minerals Inc.<br>
	</b>
</FONT>
	<FONT FACE="Arial" SIZE=2><FONT FACE="Arial" SIZE=1><i>(An Exploration Stage Company)<br>
	</i>
</FONT><FONT FACE="Arial" SIZE=2>Notes to the Financial Statements<br>
(Presented in US dollars)<br>
<br>
<b>November 30, 2007</b></div>
</FONT>
<p class="MsoNormal" style="margin-top: 12.0pt"><b>6.&nbsp;&nbsp; Income Taxes</b> <i>
(continued)</i></p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">The significant
components of the Company's future income tax assets are as follows:</p>
<p class="MsoNormal" style="text-align: justify; margin-left: .25in; margin-top: 0; margin-bottom: 0">
&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">
	<tr>
		<td width="6%" valign="top" style="width:6.2%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="57%" valign="top" style="width:57.34%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">Operating losses carried forward</font></td>
		<td width="18%" valign="top" style="width:18.24%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.08%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">$</font></td>
		<td width="12%" valign="top" style="width:12.14%;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; page-break-after: avoid; margin-left: 0in">
		<font size="2">3,959</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.2%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="57%" valign="top" style="width:57.34%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">Valuation allowance</font></td>
		<td width="18%" valign="top" style="width:18.24%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width:6.08%;border:none;border-bottom:solid windowtext 1.0pt;
  padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="12%" valign="top" style="width:12.14%;border:none;border-bottom:
  solid windowtext 1.0pt;padding:0in 5.4pt 0in 5.4pt">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; page-break-after: avoid; margin-left: 0in">
		<font size="2">(3,959)</font></td>
	</tr>
	<tr>
		<td width="6%" valign="top" style="width:6.2%;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="57%" valign="top" style="width: 57.34%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 2.25pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="18%" valign="top" style="width: 18.24%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 2.25pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">&nbsp;</font></td>
		<td width="6%" valign="top" style="width: 6.08%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 2.25pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="MsoNormal"><font size="2">$</font></td>
		<td width="12%" valign="top" style="width: 12.14%; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 2.25pt solid windowtext; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; padding-bottom: 0in">
		<p class="Level1" align="right" style="text-align: right; text-indent: 0in; margin-left: 0in">
		<font size="2">-</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">At November 30,
2007 the Company has available net operating losses of approximately $26,000
which may be carried forward to apply against future taxable income. These
losses will expire in 2027. Future tax benefits of these losses have not been
recognized in these accounts because of uncertainty that they will be realized.&nbsp;
</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
46</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p Style='page-break-before:always'></P>
<p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
4,750,000 SHARES</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
OF SUNGRO MINERALS INC.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
COMMON STOCK</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
PROSPECTUS</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<i>&nbsp;</i></p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
Date:&nbsp;&nbsp;<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>, 2008</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">All dealers
that effect transactions in our shares, whether or not participating in this
offering, may be required to deliver a prospectus.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We have not
authorized any dealer, salesperson or other person to provide any information or
make representation about Sungro Minerals Inc. except the information or
representation contained in this prospectus.&nbsp; You should not rely on any
additional information or representation if made.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">&nbsp;</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
47</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>SUNGRO MINERALS INC.<br>
</b>Suite 2008, 7445 - 132<sup>nd</sup> Street<br>
Surrey, British Columbia, Canada, V3W 5S8</p>
<p class="MsoNormal" style="margin-top:12.0pt"><b>Part II - Information Not
Required In Prospectus</b></p>
<p class="MsoNormal" style="margin-top:12.0pt"><a name="_Toc510680371"><b>Item
24.&nbsp;&nbsp;Indemnification of Directors and Officers</b></a><b> </b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Sections
78.7502 and 78.751 of the Nevada Revised Statutes provide for indemnification of
the Company's officers and directors in certain situations where they might
otherwise personally incur liability, judgments, penalties, fines and expenses
in connection with a proceeding or lawsuit to which they might become parties
because of their position with the Company. Sections 78.7502 and 78.791 provide
as follows: </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Section
78.7502.&nbsp;&nbsp; Discretionary and mandatory indemnification of officers, directors,
employees and agents: General provisions. </p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative,
except an action by or in the right of the corporation, by reason of the fact
that he is or was a director, officer, employee or agent of the corporation, or
is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or
other enterprise, against expenses, including attorneys' fees, judgments, fines
and amounts paid in settlement actually and reasonably incurred by him in
connection with the action, suit or proceeding if he acted in good faith and in
a manner which he reasonably believed to be in or not opposed to the best
interests of the corporation, and, with respect to any criminal action or
proceeding, had no reasonable cause to believe his conduct was unlawful. The
termination of any action, suit or proceeding by judgment, order, settlement,
conviction or upon a plea of nolo contendere or its equivalent, does not, of
itself, create a presumption that the person did not act in good faith and in a
manner which he reasonably believed to be in or not opposed to the best
interests of the corporation, and that, with respect to any criminal action or
proceeding, he had reasonable cause to believe that his conduct was unlawful.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or
suit by or in the right of the corporation to procure a judgment in its favor by
reason of the fact that he is or was a director, officer, employee or agent of
the corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise against expenses, including amounts paid in
settlement and attorneys' fees actually and reasonably incurred by him in
connection with the defense or settlement of the action or suit if he acted in
good faith and in a manner which he reasonably believed to be in or not opposed
to the best interests of the corporation. Indemnification may not be made for
any claim, issue or matter as to which such a person has been adjudged by a
court of competent jurisdiction, after exhaustion of all appeals therefrom, to
be liable to the corporation or for amounts paid in settlement to the
corporation, unless and only to the extent that the court in which the action or
suit was brought or other court of competent jurisdiction determines upon
application that in view of all the circumstances of the case, the person is
fairly and reasonably entitled to indemnity for such expenses as the court deems
proper.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To the extent that a director, officer, employee or agent of a
corporation has been successful on the merits or otherwise in defense of any
action, suit or proceeding referred to in subsections 1 and 2, or in defense of
any claim, issue or matter therein, the corporation shall indemnify him against
expenses, including attorneys' fees, actually and reasonably incurred by him in
connection with the defense.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
48</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">Section
78.751&nbsp;&nbsp;Authorization required for discretionary indemnification; advancement of
expenses; limitation on indemnification and advancement of expenses.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any discretionary indemnification under NRS 78.7502 unless ordered by
a court or advanced pursuant to subsection 2, may be made by the corporation
only as authorized in the specific case upon a determination that
indemnification of the director, officer, employee or agent is proper in the
circumstances. The determination must be made:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By the stockholders;</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By the board of directors by majority vote of a quorum
consisting of directors who were not parties to the action, suit or proceeding;</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a majority vote of a quorum consisting of directors who
were not parties to the action, suit or proceeding so orders, by independent
legal counsel in a written opinion; or</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a quorum consisting of directors who were not parties to
the action, suit or proceeding cannot be obtained, by independent legal counsel
in a written opinion.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The articles of incorporation, the bylaws or an agreement made by the
corporation may provide that the expenses of officers and directors incurred in
defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the
action, suit or proceeding, upon receipt of an undertaking by or on behalf of
the director or officer to repay the amount if it is ultimately determined by a
court of competent jurisdiction that he is not entitled to be indemnified by the
corporation. The provisions of this subsection do not affect any rights to
advancement of expenses to which corporate personnel other than directors or
officers may be entitled under any contract or otherwise by law.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.5in">
(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The indemnification and advancement of expenses authorized in or
ordered by a court pursuant to this section:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Does not exclude any other rights to which a person seeking
indemnification or advancement of expenses may be entitled under the articles of
incorporation or any bylaw, agreement, vote of stockholders or disinterested
directors or otherwise, for either an action in his official capacity or an
action in another capacity while holding his office, except that
indemnification, unless ordered by a court pursuant to NRS 78.7502 or for the
advancement of expenses made pursuant to subsection 2, may not be made to or on
behalf of any director or officer if a final adjudication establishes that his
acts or omissions involved intentional misconduct, fraud or a knowing violation
of the law and was material to the cause of action.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:1.0in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Continues for a person who has ceased to be a director,
officer, employee or agent and inures to the benefit of the heirs, executors and
administrators of such a person.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">To the extent
that indemnification may be related to liability arising under the Securities
Act, the Securities and Exchange Commission takes the position that
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Item 25.&nbsp;
Other Expenses of Issuance and Distribution</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">The following
table sets forth all estimated costs and expenses, other than underwriting
discounts, commissions and expense allowances, payable by the issuer in
connection with the offering for the securities included in this registration
statement:</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
49</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: .4pt">

		<tr>
			<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
			<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
			<td width="19" valign="top" style="width:.2in;border:none;border-bottom:solid windowtext .5pt;
   padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
			<td width="67" valign="top" style="width:.7in;border:none;border-bottom:solid windowtext .5pt;
   padding:0in 0in 0in 0in">
			<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
			<font size="2">Amount</font></td>
			<td width="10" valign="top" style="width:.1in;border:none;border-bottom:solid windowtext .5pt;
   padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		</tr>

	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">SEC Registration Fee</font></td>
		<td width="19" valign="top" style="width: .2in; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width: .7in; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$19
		</font></td>
		<td width="10" valign="top" style="width: .1in; border: medium none; padding: 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">Transfer Agent and Miscellaneous Fees</font></td>
		<td width="19" valign="top" style="width:.2in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width:.7in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">1,000
		</font></td>
		<td width="10" valign="top" style="width:.1in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">Accounting Fees and Expenses</font></td>
		<td width="19" valign="top" style="width:.2in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width:.7in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">13,500</font></td>
		<td width="10" valign="top" style="width:.1in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">Legal Fees and Expenses</font></td>
		<td width="19" valign="top" style="width:.2in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width:.7in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">41,300
		</font></td>
		<td width="10" valign="top" style="width:.1in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">Printing and Shipping Expenses</font></td>
		<td width="19" valign="top" style="width:.2in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width:.7in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">181
		</font></td>
		<td width="10" valign="top" style="width:.1in;border:none;border-bottom:solid windowtext .5pt;
  padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
	<tr>
		<td width="48" valign="top" style="width:.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
		<td width="336" valign="top" style="width:3.5in;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><b><font size="2">Total</font></b></td>
		<td width="19" valign="top" style="width: .2in; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">$</font></td>
		<td width="67" valign="top" style="width: .7in; border: medium none; padding: 0in">
		<p class="MsoNormal" align="right" style="margin-top:6.0pt;margin-right:0in;
  margin-bottom:6.0pt;margin-left:0in;text-align:right"><font size="2">56,000
		</font></td>
		<td width="10" valign="top" style="width: .1in; border: medium none; padding: 0in">
		<p class="MsoNormal" style="margin-top:6.0pt;margin-right:0in;margin-bottom:
  6.0pt;margin-left:0in"><font size="2">&nbsp;</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">All amounts
are estimates, other than the SEC's registration fee.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We are paying
all expenses of the offering listed above. No portion of these expenses will be
borne by the selling shareholders named in this prospectus. The selling
shareholders, however, will pay any other expenses incurred in selling their
common stock, including any brokerage commissions or costs of sale. </p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Item 26.&nbsp;
Recent Sales of Unregistered Securities</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">We issued an
aggregate of 5,000,000 shares of common stock on August 15, 2007 to Mal Bains,
our president, at a price of $0.001 per share. We received $5,000 from this
offering. These shares were issued pursuant to Section 4(2) of the Securities
Act of 1933 and are restricted shares as defined in the Securities Act.&nbsp; Mr.
Bains is an officer and director of the Company.&nbsp; The securities sold were
acquired for investment purposes only and without a view to distribution.&nbsp; At
the time the shares were purchased, Mr.&nbsp;Bains was fully informed and advised
about matters concerning the Company, including its business, financial affairs
and other matters.&nbsp; The purchaser acquired the securities for his own account.
</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">On September
18, 2007, we issued 4,750,000 shares of common stock to 40 purchasers at $0.02
per share pursuant to Regulation S of the Securities Act.&nbsp; The purchasers
represented to us that they were non-US persons, as defined in Regulation S, and
that their intentions to acquire the securities was for investment only and not
with a view toward distribution.&nbsp; We did not engage in a distribution of this
offering in the United States and no general solicitation was made to the public
and no advertising was conducted for the offering.</p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify"><b>Item 27.&nbsp;
Exhibits Index</b></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">

		<tr>
			<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
			<b><font size="2">No.</font></b></td>
			<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
			<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><b><font size="2">
			Exhibit Name</font></b></td>
		</tr>

	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">3.1</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Articles
		of Incorporation</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">3.2</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Bylaws
		</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">4.1</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Specimen
		Stock Certificate</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">5.1</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Opinion of
		Counsel </font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">10.1</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Property
		Option Agreement dated September 1, 2007 between Mr. Carl von Einsiedel
		and Sungro Minerals Inc., whereby Sungro has an option to acquire a 100%
		interest in and to the Chevron Property</font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
50</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="width: 100.0%; border-collapse: collapse">

		<tr>
			<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
			<b><font size="2">No.</font></b></td>
			<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
			<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
			<p class="MsoNormal" style="margin-top:12.0pt"><b><font size="2">
			Exhibit Name</font></b></td>
		</tr>

	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">10.2 </font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Amendment
		to Property Option Agreement dated October 15, 2007 between Mr. Carl von
		Einsiedel and Sungro </font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">10.3 </font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Geologist
		Consulting Agreement dated September 6, 2007 between Foremost Geological
		Consulting and Sungro</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">14</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Code of
		Ethics</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">23.1</font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Consent of
		MacKay LLP, Chartered Accountant</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">23.2 </font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Consent of
		Counsel (included in 5.1)</font></td>
	</tr>
	<tr>
		<td width="7%" valign="top" style="width:7.7%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" align="right" style="margin-top:12.0pt;text-align:right">
		<font size="2">23.3 </font></td>
		<td width="3%" valign="top" style="width:3.08%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">&nbsp;</font></td>
		<td width="89%" valign="top" style="width:89.22%;padding:0in 0in 0in 0in">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Consent of
		Ian Foremost, P. Geo., Geologist</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt">All other Exhibits called for by
Rule 601 of Regulation S-K are not applicable to this filing.&nbsp; Information
pertaining to our common stock is contained in our Articles of Incorporation and
Bylaws.</p>
<p class="MsoNormal" style="margin-top:12.0pt"><a name="_Toc515943522"><b>Item
28.&nbsp;&nbsp;Undertakings</b></a><b> </b></p>
<p class="MsoNormal" style="margin-top:12.0pt">The undersigned registrant hereby
undertakes to:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.25in">(1) File, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(i) &nbsp; Include any prospectus required by Section 10(a)(3) of the Securities Act
of 1933, as amended (the &quot;Securities Act&quot;);</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(ii) &nbsp;Reflect in the prospectus any facts or events which, individually or
together, represent a fundamental change in the information in the registration
statement. Notwithstanding the foregoing, any increase or decrease in volume of
securities offered (if the total dollar value of the securities offered would
not exceed that which was registered) and any deviation from the low or high end
of the estimated maximum offering range may be reflected in the form of a
prospectus filed with the Commission pursuant to Rule 424(b) under the
Securities Act if, in the aggregate, the changes in volume and price represent
no more than a 20% change in the maximum aggregate offering price set forth in
the &quot;Calculation of Registration Fee&quot; table in the effective registration
statement, and</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(iii) Include any additional or changed material information on the plan of
distribution.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.25in">(2)&nbsp; For determining liability under the Securities Act, treat each
post-effective amendment as a new registration statement of the securities
offered, and the offering of the securities at that time to be the initial bona
fide offering.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.25in">(3)&nbsp; File a post-effective amendment to remove from registration any of
the securities that remain unsold at the end of the offering.</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify;text-indent:
-.25in">(4)&nbsp; For determining liability of the undersigned small business issuer
under the Securities Act to any purchaser in the initial distribution of the
securities, the undersigned undertakes that in a primary offering of securities
of the undersigned small business issuer pursuant to this registration
statement, regardless of the underwriting method used to sell the securities to
the purchaser, if the securities are offered or sold to such purchaser by means
of any of the following communications, the undersigned </p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
51</p>
<hr noshade color="#808080"><p Style='page-break-before:always'></P>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.25in;margin-bottom:.0001pt;text-align:justify">small business
issuer will be a seller to the purchaser and will be considered to offer or sell
such securities to such purchaser:</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(i)&nbsp; Any preliminary prospectus or prospectus of the undersigned small business
issuer relating to the offering required to be filed pursuant to Rule 424;</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(ii) &nbsp; Any free writing prospectus relating to the offering prepared by or on
behalf of the undersigned small business issuer or used or referred to by the
undersigned small business issuer;</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(iii) The portion of any other free writing prospectus relating to the offering
containing material information about the undersigned small business issuer or
its securities provided by or on behalf of the undersigned small business
issuer; and</p>
<p class="MsoNormal" style="margin-top:12.0pt;margin-right:0in;margin-bottom:
0in;margin-left:.5in;margin-bottom:.0001pt;text-align:justify;text-indent:-.25in">
(iv) Any other communication that is an offer in the offering made by the
undersigned small business issuer to the purchaser.</p>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
<b>Signatures</b></p>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In accordance
with the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all the requirements of
filing on Form S-1 and authorized this registration statement to be signed on
its behalf by the undersigned, in the City of Vancouver, British Columbia,
Canada on February 22, 2008.</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse">
	<tr>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<font size="2">&nbsp;</font></td>
		<td width="384" valign="top" style="width:4.0in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><b><font size="2">SUNGRO
		MINERALS INC.</font></b></td>
	</tr>
	<tr>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<font size="2"><br>
		Date:&nbsp; February 22, 2008</font></td>
		<td width="384" valign="top" style="width:4.0in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-bottom: 0"><font size="2"><br>
		<br>
		By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>/s/ Mal Bains&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
		</font></p>
		<p class="MsoNormal" style="margin-left: .5in; margin-top: 0">
		<font size="2">Mal Bains <br>
		President, Secretary and Treasury<br>
		(Principal Executive Officer)</font></td>
	</tr>
</table>
<p class="MsoNormal" style="margin-top:12.0pt;text-align:justify">In accordance
with the requirements of the Securities Act of 1933, this registration statement
was signed by the following persons in the capacities and on the dates stated.</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse">
	<tr>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Signatures</font></td>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Title</font></td>
		<td width="173" valign="top" style="width:1.8in;padding:0in 5.4pt 0in 5.4pt">
		<p class="MsoNormal" style="margin-top:12.0pt"><font size="2">Date</font></td>
	</tr>
	<tr>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<font size="2"><br>
		<br>
		<u>/s/ Mal Bains&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
		</u>Mal Bains</font></td>
		<td width="240" valign="top" style="width:2.5in;padding:0in 5.4pt 0in 5.4pt">
		<font size="2"><br>
		<br>
		President, Secretary, Treasurer and Director<br>
		(Principal Executive Officer and Principal Financial Officer)</font></td>
		<td width="173" valign="top" style="width:1.8in;padding:0in 5.4pt 0in 5.4pt">
		<font size="2"><br>
		<br>
		February 22, 2008</font></td>
	</tr>
</table>
<p class="MsoNormal" align="center" style="margin-top:12.0pt;text-align:center">
52</p>
<hr noshade color="#808080">

<P ALIGN="JUSTIFY">&nbsp;</P>
</FONT>
</HTML>
[{"type": "S-1", "sequence": "1", "filename": "s1.htm", "description": "S-1 REGISTRATION STATEMENT", "secsgml_size_bytes": 568483}]
{"company-data": {"conformed-name": "Sungro Minerals Inc.", "cik": "0001427644", "irs-number": "980546544", "state-of-incorporation": "NV", "fiscal-year-end": "1130"}, "filing-values": {"form-type": "S-1", "act": "33", "file-number": "333-149366", "film-number": "08637957"}, "business-address": {"street1": "7445 132ND STREET, SUITE 2008", "city": "SURREY", "state": "A1", "zip": "V3W 5S8", "phone": "(604) 681-3611"}, "mail-address": {"street1": "7445 132ND STREET, SUITE 2008", "city": "SURREY", "state": "A1", "zip": "V3W 5S8"}}
AS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION ON FEBRUARY 22, 2008
Registration No. 333-___________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
Registration Statement
Under the Securities Act of 1933
SUNGRO MINERALS INC.
(Exact name of Registrant as specified in its charter)
Nevada
(State or Other Jurisdiction of Incorporation or Organization)
1040
(Primary Standard Industrial Classification Code Number)
98-0546544
(I.R.S. Employer
Identification No.)
Suite 2008
7445 - 132
nd
Street
Surrey, British Columbia
Canada V3W 5S8
Telephone No.: (604) 681-3611
(Address and telephone number of principal executive office)
Business First Formations, Inc.
3990 Warren Way
Reno, Nevada
USA 89509
Telephone No.: (775) 338-2598
(Name, address and telephone number of agent for service)
Copies of all communications, including all communications
sent
to the agent for service, should be sent to:
Fraser and Company LLP
999 West Hastings Street, Suite 1200
Vancouver, British Columbia
Canada V6C 2W2
Telephone No.: (604) 669-5244
Facsimile No.: (604) 669-5791
Approximate date of proposed sale to the public: As soon as practicable
after this Registration Statement becomes effective.
If any of the securities being registered on this Form are to
be offered on a delayed or continuous basis pursuant to Rule 415 under the
Securities Act of 1933, check the following box. [x]
If this Form is filed to register additional securities for
an offering pursuant to Rule 462(b) under the Securities Act, check the
following box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering.
r
1
If this Form is a post-effective amendment filed pursuant to
Rule 462(c) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering.
r
If this Form is a post-effective amendment filed pursuant to
Rule 462(d) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering.
r
Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See definitions of "large accelerated filer," "accelerated
filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
(Check one):
Large accelerated
filer
r
Accelerated filer
r
Non-accelerated filer
r
Smaller reporting
company [x]
(Do not check if a smaller
reporting company)
Calculation Of Registration Fee
Title of Each Class of Securities to
				be Registered
Amount to be Registered
Proposed Maximum Offering Price per
				Share
Proposed Maximum Aggregate Offering
				Price
Amount of Registration Fee
Common
4,750,000
$0.10
$475,000
$18.67
Up to 4,750,000 shares of our
common stock may be sold by the selling shareholders to the public at a fixed
price of $0.10 per share until such time as the shares of our common stock are
quoted on the NASD Over-the-Counter Bulletin Board ("OTCBB") or listed on an
exchange. Although we intend to apply for quotation of our common stock on the
OTCBB, public trading of our common stock may never materialize. If our common
stock becomes quoted on the OTCBB, then the sale price to the public will vary
according to prevailing market prices or privately negotiated prices by the
selling shareholders.
The Company hereby amends this registration statement on such
date or dates as may be necessary to delay its effective date until the Company
shall file a further amendment which specifically states that this registration
statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the registration statement shall become
effective on such date as the Commission, acting pursuant to said Section 8(a),
may determine.
(COVER CONTINUED ON FOLLOWING PAGES)
2
Prospectus, Subject to Completion, Dated ________________ ,
2008
Sungro Minerals Inc.
4,750,000 shares of Common Stock at $0.10
per share
This prospectus relates to the resale, from time to time, of
up to 4,750,000 shares of our common stock by the selling shareholders named in
the "Selling Shareholders" section of this prospectus. Sungro Minerals Inc. will
not receive any proceeds from this offering and has not made any arrangements
for the sale of these securities. See "Risk Factors" commencing on page 2 for a
full discussion of the risks involved in this offering.
Offering Price
Commissions
Proceeds to Selling Shareholders
Per Share
$0.10
n/a
$0.10
Total
$475,000
n/a
$475,000
The
information in this prospectus is not complete and may be changed.  We may amend
or supplement this prospectus from time to time by filing amendments or
supplements as required.  You should read the entire prospectus and any
amendments or supplements carefully before you make your investment decision.
This
prospectus is not an offer to sell our securities and it is not soliciting an
offer to buy our securities in any state where the offer or sale is not
permitted.
Neither the
Securities and Exchange Commission nor any state securities commission has
approved or disapproved of these securities or passed upon the accuracy or
adequacy of the prospectus.  Any representation to the contrary is a criminal
offence.
3
TABLE OF
CONTENTS
Page
PROSPECTUS SUMMARY
6
THE OFFERING
6
SUMMARY FINANCIAL INFORMATION
7
RISK FACTORS
8
FORWARD-LOOKING STATEMENTS
11
USE OF PROCEEDS
12
DETERMINATION OF OFFERING PRICE
12
DILUTION
12
SELLING SHAREHOLDERS
13
PLAN OF DISTRIBUTION
16
LEGAL PROCEEDINGS
19
DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS
		AND CONTROL PERSONS
19
Executive Officers And Directors
19
Executive Compensation
20
Summary Compensation Table Long-Term
		Compensation Awards
20
Significant Personnel
21
Committees Of The Board Of Directors
21
Code Of Ethics
21
Involvement In Certain Legal
		Proceedings
21
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
		OWNERS AND MANAGEMENT
21
DESCRIPTION OF CAPITAL STOCK
22
Common Stock
22
Preferred Stock
23
Dividend Policy
23
Share Purchase Warrants
23
Options
23
Convertible Securities
23
Nevada Anti-Takeover Laws
23
Combinations With Interested
		Stockholders
23
INTERESTS OF NAMED EXPERTS AND COUNSEL
23
LEGAL MATTERS
24
EXPERTS
24
MARKET FOR COMMON EQUITY AND RELATED
		STOCKHOLDER MATTERS
24
No Public Market For Common Stock
24
New Rule 144
24
Penny Stock Regulation
25
Holders
25
Dividends
25
Disclosures of Commission Position on
		Indemnification for Securities Act Liabilities
25
TRANSACTIONS WITH RELATED PERSONS
25
4
Page
BUSINESS
26
History And Organization
26
Property Option Agreement
26
Summary Report on Properties
27
Recommended Exploration Program
27
Geological Exploration Program
27
Canadian Mining Law
28
Location, Access, Topography and
		Climate
28
History of the Property
29
Previous Work
29
Current Work
29
Conclusions and Recommendations
29
Geological And Technical Staff
30
Competitive Factors
30
Location Challenges
30
Regulations
30
Environmental Factors
31
Employees
31
PLAN OF OPERATIONS
31
Results Of Operations For Period Ending
		November 30, 2007
33
Liquidity And Capital Resources
33
Description Of Property
33
AVAILABLE INFORMATION
33
INDEX TO FINANCIAL STATEMENTS
35
You should
rely only on the information contained in this prospectus and in any
accompanying prospectus supplement.  We have not, and the Selling Shareholders
have not, authorized anyone to provide you with information different from the
information contained in this prospectus.  The information in this prospectus is
accurate only as of the date of this prospectus, regardless of when this
prospectus is delivered or when any sale of our common stock occurs.
5
Prospectus
Summary
The following
summary highlights selected information contained in this prospectus.  This
summary does not contain all the information you should consider before
investing in the securities.  Before making an investment decision, you should
read the entire prospectus carefully, including the "RISK FACTORS" section, the
financial statements and the notes to the financial statements.  As used
throughout this prospectus, the terms "Sungro", the "Company", "we," "us," and
"our" refer to Sungro Minerals Inc.  All dollar amounts in this prospectus are
in U.S. dollars unless otherwise stated.
Sungro
Minerals Inc. was incorporated under the laws of the State of Nevada on August
10, 2007. In connection with the organization of our Company, the founding
shareholder of our Company contributed an aggregate of $5,000 cash in exchange
for a total of 5,000,000 shares of common stock. We have not commenced active
business operations.  As of the date hereof, all our cash has been raised from
the issuance of securities.  We are a "shell company" as defined under Rule 405
of the Securities Act and Rule 12b-2 of the Exchange Act.
We are an
exploration stage company that recently acquired our mineral property. 
Presently, our business plan is to explore for minerals on our mineral
property.  Our only property (the "Chevron Property" or "Chevron Claims")
consists of three mineral claims covering 1,132.97 hectares (2,799.63 acres)
located in the Tatsamenie Lake area, 87 miles (140 km) south of the town of
Atlin Lake, in northern British Columbia.  We intend to explore for gold, silver
and copper on our property.  There can be no assurance that valuable gold,
silver or copper deposits exist on our property until proper geological work and
analysis is performed.  Our property has no proven or probable mineral
reserves.  We have a Property Option Agreement to acquire a 100% interest in and
to three mineral claims called the Chevron Property by paying a total of
$100,000 in cash over four years to Mr. Carl von Einsiedel, the registered owner
of the Chevron Claims.  As of the date hereof, $2,438 (CAD$2,500) has been paid
to Mr. von Einsiedel.  Further, we are required to maintain the claims in good
standing with the Mineral Titles Branch of British
Columbia.  The claims will expire on June 20, 2009, unless we spend at least
$4,532 (CAD$4,532) on the claims and file an assessment report with the B.C.
Mineral Titles Branch before June 20, 2009, or by paying approximately $4,532 to
the B.C. Mineral Titles Branch before June 20, 2009.  The Chevron
Property is subject to a 2% Net Smelter Royalty interest payable to Mr. von
Einsiedel.  We may purchase in the aggregate up to 50% of the NSR interest
(representing a 1% NSR) for $1,000,000 at any time.
Our
administrative office is located at 7445 - 132
nd
Street, Suite 2008,
Surrey, British Columbia, Canada, V3W 5S8, telephone (604) 681-3611.  Our
registered office is located at 999 West Hastings Street, Suite 1200, Vancouver,
British Columbia, Canada  V6C 2W2.  Our fiscal year end is November 30.
The Offering
Securities
		Being Offered
Up to 4,750,000 shares of our common stock held by the
		selling shareholders named in this prospectus.
Offering
		Price and Plan of Distribution
The selling shareholders named in this prospectus will
		sell the 4,750,000 shares of our common stock offered under this
		prospectus at an offering price of $0.10 per share unless the offered
		shares are quoted on the over-the-counter bulletin board. We intend to
		apply to the over-the-counter bulletin board to allow for the trading of
		our common stock when we become a reporting entity under the Securities
		Exchange Act of 1934. If our common stock becomes so traded and a market
		for the stock develops, the actual price of our stock will be determined
		by prevailing market prices at the time of sale or by private
		transactions negotiated by the selling shareholders named in this
		prospectus. The offering price would thus be determined by market
		factors and the independent decisions of the selling
6
shareholders named in this prospectus.
Minimum
		number of Shares to be sold in this Offering
None.
Securities
		issued and to be issued
9,750,000 shares of our common stock are issued and
		outstanding as of the date of this prospectus.  All of the 4,750,000
		shares to be sold under this prospectus will be sold by existing
		shareholders.
Use of
		Proceeds
We will not receive any proceeds from the sale of the
		common stock offered through this prospectus by the selling
		shareholders.
Summary Financial Information
As of Fiscal Year
Ended November 30, 2007
Balance
		Sheet Data:
Working
		Capital
$
73,605
Total
		Assets
$
91,769
Total
		Liabilities
$
18,164
Shareholder's Equity
$
73,605
Statement
		of Operations Data:
Revenue
NIL
Total
		Expenses
$
26,395
Net Income
		(Loss)
($
26,395
)
INVESTMENT
IN OUR COMPANY INVOLVES SIGNIFICANT RISKS BECAUSE OUR MINERAL CLAIMS ARE AT THE
EXPLORATION STAGE AS OPPOSED TO THE DEVELOPMENT STAGE.  OUR MINERAL CLAIMS DO
NOT HAVE A KNOWN BODY OF COMMERCIAL ORE.  THE COMPANY WILL NOT BE RAISING ANY
FUNDS IN THIS OFFERING.  THE COMPANY WILL USE AVAILABLE WORKING CAPITAL TO
CONDUCT A PHASE 1 EXPLORATION PROGRAM, CONSISTING OF MAPPING AND PROSPECTING AT
AN ESTIMATED COST OF $15,000 (CAD$15,000) AND A PHASE 2 PROGRAM CONSISTING OF A
GROUND GEOPHYSICAL SURVEY AT AN ESTIMATED COST OF $15,000 TO $20,000.  IF
FAVOURABLE RESULTS ARE OBTAINED FROM PHASE 1 AND PHASE 2, A PHASE 3 SELECTIVE
DRILLING PROGRAM WILL BE CONDUCTED.  WE CANNOT ANTICIPATE THE COST FOR PHASE 3
UNTIL AFTER PHASE 1 IS COMPLETED.  WE PRESENTLY HAVE THE FUNDS TO CONDUCT ONLY
PHASE 1.  WE DO NOT HAVE THE FUNDS TO CONDUCT PHASE 2 AND PHASE 3.  WE WILL NEED
TO RAISE ADDITIONAL MONEY BY PRIVATE PLACEMENTS TO MEET ANY FUTURE FUNDING
REQUIREMENTS.  WE ARE ALSO CONSIDERED
7
A SHELL
COMPANY AS DEFINED BY RULE 405 OF THE SECURITIES ACT AND EXCHANGE ACT RULE 12B-2
BECAUSE WE HAVE NOMINAL OPERATIONS AND NOMINAL ASSETS.
Risk Factors
There is no
assurance that our business will be profitable. We must conduct exploration to
determine what amount, type and quality of minerals, if any, existing on our
property. We do not claim to have any reserves whatsoever at this time on any of
our claims.  An investment in our common stock involves a high degree of risk. 
You should carefully consider the risks described below and the other
information in this prospectus before investing in our common stock.  If any of
the following risks occur, our business, operating results and financial
condition could be seriously harmed.
We are a recently organized business and you cannot evaluate the
investment merits of our Company because we have no operating history.
Our Company is
only recently organized with no operating history, which makes it difficult to
evaluate the investment merits of our Company.  Our Company was organized on
August 10, 2007 and is a start-up company.  We have no operating history and we
do not have any business prior to our organization.  As of November 30, 2007, we
incurred total expenses of $26,395.
We may not be able to continue as a going concern if
we do not obtain additional financing.
Because of our
lack of sufficient funds and short operating history incurring only expenses,
and no revenues, our independent accountants' audit report states that there is
substantial doubt about our ability to continue as a going concern. Our
independent auditor in their audit report have stated that we incurred only
losses since our inception raising substantial doubt about our ability to
continue as a going concern.  Therefore, our ability to continue as a going
concern is highly dependent upon obtaining additional financing for our planned
operations.  As of the date hereof, all our cash has been raised from the
issuance of securities.
If we do not obtain additional financing, our
business will fail because we cannot fund our planned exploration program.
In order for
us to perform any further exploration program, we will need to obtain additional
financing. As of November 30, 2007, we had cash in the amount of $91,769.  We
currently do not have any operations and we have no income. Our business plan
calls for incurring additional expenses in connection with magnetic and
radiometric surveys, systematic surface sampling and a drilling campaign, which
would define the targets acquired during the geophysical surveys and sampling
campaign.  We have sufficient funds only to carry out this first phase of our
exploration program. We do not have the funds to conduct a further exploration
program, if one is called for. We are not reserving any of our cash for
additional exploration programs.  If our exploration programs are successful in
discovering ore of commercial tonnage and grade, we will require additional
funds in order to place the Chevron Claims into commercial production. We
currently do not have any arrangements for financing and we may not be able to
obtain financing when required. Obtaining additional financing would be subject
to a number of factors, including the market price for gold, silver, copper,
base and precious metals and the cost of exploring for these minerals. These
factors may make the timing, amount, terms or conditions of additional financing
unavailable to us.
Because our
sole executive officer and director does not have formal training specific to
the mining industry, there is a higher risk our business will fail.
Mr. Mal Bains,
our sole executive officer and director, does not have any formal training as a
geologist, or in the technical aspects of management of a company specializing
in mining and exploration for base and precious metals.  With no direct formal
training in these areas, our management may not be fully aware of the specific
technical requirements related to working within this industry.  Mr. Bains has
no business
8
experience
with exploration companies, his decisions and choices may not take into account
standard exploration or mining approaches commonly used in the industry.  As a
result of this inexperience, there is a higher risk of our being unable to
complete our business plan for the exploration of our mineral claims.  In
addition, we will have to rely on the technical services of others with
expertise in geological exploration in order for us to carry our planned
exploration program.  If we are unable to contract for the services of such
individuals, it will make it difficult and maybe impossible to pursue our
business plan.  There is thus a higher risk of business failure.
Because our
sole executive officer and director has only agreed to provide his services on a
part-time basis, he may not be able or willing to devote a sufficient amount of
time to our business operations, causing our business to fail.
Mr. Mal Bains,
our sole executive officer and director, is also a principal of M. Bains
Financial Inc., a private British Columbia consulting company providing
insurance broker and financial services.  Because we are in the early stages of
our business, Mr. Bains devotes approximately 10 to 15 hours per week to our
affairs.  If the demands of our business require the full business time of Mr.
Bains, he is prepared to adjust his timetable to devote up to 20 hours a week. 
However, Mr. Bains may not be able to devote sufficient time to the management
of our business, as and when needed. It is possible that the demands of Mr.
Bains' other business interests will increase with the result that he would no
longer be able to devote sufficient time to the management of our business. 
Competing demands on Mr. Bains' time may lead to a divergence between his
interests and the interests of other shareholders.
We are
highly dependent on our senior management. The loss of our sole executive
officer could hinder our ability to pursue our stated plan of operation and
obtain debt or equity financing, if and when required.
We believe
that our continued success depends to a significant extent upon the efforts and
abilities of our senior management and in particular Mal Bains, our sole
executive officer and director.  Mr. Bains has worked in the financial industry
for 16 years.  We believe that the loss of Mr. Bains' business and management
experience could hinder our ability to pursue our stated plan of operation and
obtain debt or equity financing, if and when required.
We have no
known mineral resources and if we cannot find any mineral resources we may have
to cease operations.
We have no
measured mineral bodies.  If we do not find a mineral body or bodies containing
valuable minerals or metals or if we cannot conduct further exploration of any
minerals, either because we do not have money to do it or because it is not
economically feasible to do it, we may have to cease operations and you will
loose your investment.
Our sole asset is a Property Option Agreement and if we fail to make
the required payments on a timely basis, we will lose the right to acquire a
100% interest in and to the Chevron Property.
Under the
Property Option Agreement we have a right and option to acquire a 100% interest
in and to the Chevron Claims by paying a total of $100,000 (CAD$100,000) in cash
over a four year period to Mr. Carl von Einsiedel.  The failure of our Company
to make any cash payments within the contractual time limit will allow Mr. von
Einsiedel to terminate the Agreement.  If the Agreement is terminated, we will
lose all rights to the Chevron Property, including any payments previously made
to Mr. von Einsiedel.  The Property Option Agreement is our sole asset and if we
lose the contractual rights to acquire the Chevron Property, we will have no
assets and you may lose all your investment.
9
Title to the Chevron Claims is registered in the name of Mr. Carl von
Einsiedel and he may transfer title to third parties without our knowledge.
The Property
Option Agreement only gives us a right to acquire a 100% interest in and to the
Chevron Claims by fulfilling our obligations under the contract.  We cannot
prevent Mr. von Einsiedel from transferring the Chevron Property to third
parties.  A third party has no way of knowing that we have rights to the Chevron
Property since ownership is registered in the name of Mr. von Einsiedel at the
Minerals Title Office of British Columbia.  If the Chevron Property is
transferred to third parties we may have to litigate in order to determine our
ownership rights.  There is no way of knowing if Mr. von Einsiedel will or has
transferred the property to third parties.  Our only protection is our
contractual rights under the Agreement.
Weather interruptions in the province of British Columbia may affect
and delay our proposed exploration operations and as a result, there may be
delays in generating revenues.
Our proposed
exploration work can only be performed approximately three months out of the
year.  This is because the climate of our claims area is defined as sub-arctic,
and the only direct access to our claims is by helicopter.  The average
temperature during summer months is 59
o
F (15
o
C) and during
winter months it is -11.2
o
F (-24
o
C).  Poor weather
conditions make it impossible for us to actually make it to the property, which
will delay the generation of possible revenues by us.
Since we are subject to compliance with government
regulation, which may change, the anticipated costs of our exploration program
may increase.
There are
several governmental regulations that materially restrict mineral exploration or
exploitation. We will be subject to the Mining Act of British Columbia as we
carry out our exploration programs. We may be required to obtain work permits,
post bonds and perform remediation work for any physical disturbance to the land
in order to comply with these regulations. While our planned exploration program
budgets for regulatory compliance, there is a risk that new regulations could
increase our costs of doing business and prevent us from carrying out our
exploration program.
Risks associated with this Offering
Because we have nominal assets, we are considered a "shell company"
and will be subject to more stringent reporting requirements.
The Securities
and Exchange Commission ("SEC") adopted Rule 405 of the Securities Act and
Exchange Act Rule 12b-2 which defines a shell company as a registrant that has
no or nominal operations, and either (a) no or nominal assets; (b) assets
consisting solely of cash and cash equivalents; or (c) assets consisting of any
amount of cash and cash equivalents and nominal other assets.  Our balance sheet
states that we have cash as our only asset therefore, we are defined as a shell
company.  The new rules prohibit shell companies from using a Form S-8 to
register securities pursuant to employee compensation plans.  However, the new
rules do not prevent us from registering securities pursuant to registration
statements.  Additionally, the new rule regarding Form 8-K requires shell
companies to provide more detailed disclosure upon completion of a transaction
that causes it to cease being a shell company.  We must file a current report on
Form 8-K containing the information required pursuant to Regulation S-K and in a
registration statement on Form 10, within four business days following
completion of the transaction together with financial information of the private
operating company.  In order to assist the SEC in the identification of shell
companies, we are also required to check a box on Form 10-Q and Form 10-K
indicating that we are a shell company.  To the extent that we are required to
comply with additional disclosure because we are a shell company, we may be
delayed in executing any mergers or acquiring other assets that would cause us
to cease being a shell company.  The SEC adopted a new Rule 144 effective
February 15, 2008, which makes resales of restricted securities by
shareholders of a shell company more difficult. See discussion under heading
"New Rule 144" below.
10
Because our
sole executive officer and sole director, Mr. Mal Bains, controls approximately
51% of our outstanding common stock, investors may find that corporate decisions
influenced by Mr. Mal Bains are inconsistent with the best interests of other
stockholders.
Mr. Mal Bains,
our sole executive officer and sole director, controls approximately 51% of our
issued and outstanding shares of common stock.  The interests of Mr. Bains may
not be, at all times, the same as that of other shareholders.  Since Mr. Bains
is not simply a passive investor but is also our sole executive, his interests
as an executive may, at times, be adverse to those of passive investors. Where
those conflicts exist, our shareholders will be dependent upon Mr. Bains
exercising, in a manner fair to all of our shareholders, his fiduciary duties as
an officer or as a member of our board of directors. Also, Mr. Bains will have
the ability to significantly influence the outcome of most corporate actions
requiring shareholder approval, including the merger of Sungro with or into
another company, the sale of all or substantially all of our assets and
amendments to our articles of incorporation.  This concentration of ownership
with Mr. Bains may also have the effect of delaying, deferring or preventing a
change in control of Sungro, which may be disadvantageous to minority
shareholders.
If the selling shareholders sell a large number of
shares all at once or in blocks, the market price of our shares would most
likely decline.
The selling
shareholders are offering 4,750,000 shares of our common stock through this
prospectus.  Our common stock is presently not traded or quoted on any market or
securities exchange, but should a market develop, shares sold at a price below
the current market price at which the common stock is quoted will cause that
market price to decline.  Moreover, the offer or sale of a large number of
shares at any price may cause the market price to fall.  The outstanding shares
of common stock covered by this prospectus represent 48.7% of the common shares
outstanding as of the date of this prospectus.
Because there is no public trading market for our
common stock, you may not be able to resell your shares.
Our Company
plans to have its shares quoted on the NASD OTC Bulletin Board.  There are no
assurances that we will be successful in listing our shares.  There is currently
no public trading market for our common stock.  Therefore there is no central
place, like a stock exchange or electronic trading system, to resell your
shares.  If you do want to resell your shares, you will have to locate a buyer
and negotiate your own sale.  Therefore, you may not be able to resell your
shares.
Re-sale restrictions for British Columbia residents
and other Canadian residents may limit the ability of our shareholders to sell
their securities.
Selling
shareholders, who are residents of British Columbia, have to rely on an
exemption from prospectus and registration requirements of B.C. securities laws
to sell their shares, which are being registered for resale by this prospectus. 
Selling shareholders have to comply with B.C. Securities Commission's BC
Instrument 72-502 "Trade In Securities of U.S. Registered Issuers" to resell
their shares.  BC Instrument 72-502 requires, among other conditions, that B.C.
residents hold the shares for four months and limit the volume of shares sold in
a 12-month period.  (See "Canadian Securities Law").  These restrictions will
limit the ability of the B.C. residents to resell the securities in the United
States and therefore, may materially affect the market value of your shares. 
Residents of other Canadian provinces have to rely on available prospectus
exemptions to re-sell their securities and if no exemptions can be relied upon,
then the shareholders may have to hold the securities for an indefinite period
of time.  Shareholders of other Canadian provinces should consult with
independent legal counsel to determine the availability and use of prospectus
exemptions to re-sell their securities.
Forward-Looking Statements
Some of the
statements under the "Prospectus Summary," "Risk Factors," "Plan of Operations,"
"Business" and elsewhere in this prospectus constitute forward-looking
statements. These statements
11
involve known
and unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance, or
achievement expressed or implied by such forward-looking statements. Such
factors include, among other things, those listed under "Risk Factors" and
elsewhere in this prospectus.
In some cases,
you can identify forward-looking statements by terminology such as "may,"
"should," "could," "intend", "expects," "plan," "anticipates," "believes,"
"estimates," "predicts," "potential," or "continue" or the negative of such
terms or other comparable terminology.
Although we
believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance,
or achievements. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of such statements. We are
under no duty to update any of the forward-looking statements after the date of
this prospectus.
Use Of Proceeds
We will not receive any proceeds from the sale of common
shares offered in this prospectus by our selling shareholders.
Determination Of Offering Price
The $0.10 per
share offering price of our common shares by which our selling shareholders will
sell their shares prior to the quotation of the Company's shares on the NASD OTC
Bulletin Board ("OTCBB") was arbitrarily chosen based on our internal assessment
of what the market would support.  Our President, Mal Bains, purchased 5,000,000
of our common shares at a price of $0.001 per share on August 15, 2007.  The
offering price of our shares is substantially higher than the price paid by our
founder, and exceeds the per share value of our net tangible assets.  Therefore,
if you purchase shares in this offering, you will experience immediate and
substantial dilution.
You may also
suffer additional dilution in the future from the sale of additional shares of
common stock or other securities, if the need for additional financing forces us
to make such sales.  Investors should be aware of the risk of judging the real
or potential future market value, if any, of our common stock by comparison to
the offering price.
There is no
established public market for the shares of common stock being registered.  As a
result, the offering price and other terms and conditions relative to the shares
of common stock offered hereby have been arbitrarily determined by us and do not
necessarily bear any relationship to assets, earnings, book value or any other
objective criteria of value. In addition, no investment banker, appraiser or
other independent, third party has been consulted concerning the offering price
for the shares or the fairness of the price used for the shares.
We intend to
apply to the OTCBB to allow the quotation of our common stock upon us becoming a
reporting entity under the Securities Exchange Act of 1934. We intend to file a
registration statement under the Exchange Act concurrently with the
effectiveness of the registration statement of which this prospectus forms a
part. If our common stock becomes so quoted and a market for the stock develops,
the actual price of stock will be determined by prevailing market prices at the
time of sale or by private transactions negotiated by the selling shareholders.
The offering price would thus be determined by market factors and the
independent decisions of the selling shareholders.
Dilution
The common
stock to be sold by the selling shareholders is common stock that is currently
issued and outstanding. Accordingly, there will be no dilution to our existing
shareholders.
12
Selling shareholders
The selling
shareholders named in this prospectus are offering 4,750,000 shares of common
stock acquired by the selling shareholders from us in offerings that were exempt
from registration under Regulation S of the Securities Act of 1933 and completed
on September 18, 2007.
The term
"selling shareholders" includes donees, pledges, transferees or other
successors-in-interest selling shares received after the date of this prospectus
from a selling shareholder as a gift, pledge or other non-sale related transfer.
Based on
information provided to us by the selling shareholders, the following table
provides information as of February 22, 2008, regarding the number of shares of
our common stock held by each of the selling shareholders as of the date hereof,
including: (1) the total number of shares that are to be offered by each; (2)
the percentage owned by each prior to the offering; (3) the percentage owned by
each upon completion of the offering; and (4) the identity of the beneficial
holder of any entity that owns the shares.
Except as
disclosed in the table below, to the best knowledge of management of the
Company, the named party beneficially owns and has sole voting and investment
power over all shares or rights to these shares.  The numbers in this table
assume that none of the selling shareholders sells shares of common stock not
being offered in this prospectus or purchases additional shares of common stock,
and assumes that all shares offered are sold.
None of the
selling shareholders
(i)         has
had a material relationship with us or any of our affiliates other than as a
security holder at any time within the past three years; or
(ii)         has
ever been one of our officers or directors.
Except as disclosed in the table
below, none of our selling shareholders are broker-dealers or affiliates of
broker-dealers.
Name and Address of Selling
			Shareholders
Shares Beneficially Owned Prior to the Offering
Total Shares Offered by this Prospectus
(16)
Shares Beneficially Owned After the Offering
Number
Percent
Number
Percent
1
Harjinder Bagry
Richmond, BC
118,750
1.2%
118,750
0
0%
2
Amrik Bahd
Richmond, BC
237,500
(1)
2.4%
(1)
118,750
0
0%
3
Karn Bahd
Richmond, BC
237,500
(1)
2.4%
(1)
118,750
0
0%
4
Rasphal Bahd
Richmond, BC
118,750
(1)
1.2%
(1)
118,750
0
0%
5
Iqbal Bains
Richmond, BC
237,500
(2)
2.4%
(2)
118,750
0
0%
6
Nerinder Bains
Richmond, BC
237,500
(2)
2.4%
(2)
118,750
0
0%
7
Ranjeet Bains
Richmond, BC
118,750
(2)
1.2%
(2)
118,750
0
0%
13
Name and Address of Selling
			Shareholders
Shares Beneficially Owned Prior to the Offering
Total Shares Offered by this Prospectus
(16)
Shares Beneficially Owned After the Offering
Number
Percent
Number
Percent
8
Baljeet Brar
Abbotsford, BC
118,750
1.2%
118,750
0
0%
9
Parvin Dhudwal
Vancouver, BC
118,750
1.2%
118,750
0
0%
10
Ranjeet Grewal
Richmond, BC
237,500
(3)
2.4%
(3)
118,750
0
0%
11
Harjinder Jassal
Vancouver, BC
237,500
(4)
2.4%
(4)
118,750
0
0%
12
Sandeepika Jassal
Vancouver, BC
237,500
(4)
2.4%
(4)
118,750
0
0%
13
Gurpreet Jhutty
Richmond, BC
118,750
1.2%
118,750
0
0%
14
Melvin Johal
Surrey, BC
237,500
(5)
2.4%
(5)
118,750
0
0%
15
Shinder Johal
Surrey, BC
237,500
(5)
2.4%
(5)
118,750
0
0%
16
Kelli Julien
Delta, BC
118,750
1.2%
118,750
0
0%
17
Jusver Kaur
Surrey, BC
118,750
1.2%
118,750
0
0%
18
Parween Kaur
Richmond, BC
237,500
(3)
2.4%
(3)
118,750
0
0%
19
Sunita Kumar
Surrey, BC
118,750
1.2%
118,750
0
0%
20
Vinod Kumar
Surrey, BC
118,750
1.2%
118,750
0
0%
21
Konica Nagpal
Delta, BC
237,500
(6)
2.4%
(6)
118,750
0
0%
22
Sankalp Nagpal
Delta, BC
237,500
(6)
2.4%
(6)
118,750
0
0%
23
Charanjit Patel
Vancouver, BC
237,500
(7)
2.4%
(7)
118,750
0
0%
24
Lal Patel
Vancouver, BC
237,500
(7)
2.4%
(7)
118,750
0
0%
25
Jagjit Rakhra
Abbotsford, BC
237,500
(8)
2.4%
(8)
118,750
0
0%
26
Sukhdip Rakhra
Abbotsford, BC
237,500
(8)
2.4%
(8)
118,750
0
0%
27
Leah Rigby
Richmond, BC
118,750
1.2%
118,750
0
0%
14
Name and Address of Selling
			Shareholders
Shares Beneficially Owned Prior to the Offering
Total Shares Offered by this Prospectus
(16)
Shares Beneficially Owned After the Offering
Number
Percent
Number
Percent
28
Gurdish Sidhu
Vancouver, BC
237,500
(9)
2.4%
(9)
118,750
0
0%
29
Sharanjit Sidhu
Vancouver, BC
237,500
(9)
2.4%
(9)
118,750
0
0%
30
Sarbjeet Singh
Surrey, BC
118,750
1.2%
118,750
0
0%
31
Kulbir Uppal
Richmond, BC
118,750
1.2%
118,750
0
0%
32
Paul Uppal
Delta, BC
118,750
1.2%
118,750
0
0%
33
Balwinder Virk
Surrey, BC
237,500
(10) (14)
2.4%
(10) (14)
118,750
0
0%
34
Gurdarshan Virk
Langley, BC
237,500
(11) (15)
2.4%
(11) (15)
118,750
0
0%
35
Gurinder Virk
Abbotsford, BC
237,500
(12) (15)
2.4%
(12) (15)
118,750
0
0%
36
Kirndeep Virk
Surrey, BC
237,500
(13) (14)
2.4%
(13) (14)
118,750
0
0%
37
Kulwinder Virk
Langley, BC
237,500
(11) (15)
2.4%
(11) (15)
118,750
0
0%
38
Narvinder Virk
Abbotsford, BC
237,500
(12) (15)
2.4%
(12) (15)
118,750
0
0%
39
Prubhjit Virk
Surrey, BC
237,500
(13) (14)
2.4%
(13) (14)
118,750
0
0%
40
Surinder Virk
Surrey, BC
237,500
(10) (14)
2.4%
(10) (14)
118,750
0
0%
Total
4,750,000
(1)     Amrik Bahd is the father of Karn Bahd and
husband of Rasphal Bahd.  The beneficial ownership of shares by Amrik Bahd and
Rasphal Bahd may be attributable to the other party's respective holdings, and
the number of shares owned and percentage ownership of Amrik Bahd includes
shares owned by Rasphal Bahd and vice versa.  Amrik Bahd and Rasphal Bahd have
no beneficial interest in the shareholdings of Karn Bahd, neither does Karn Bahd
have a beneficial interest in the shareholdings of Amrik Bahd and Rasphal Bahd.
(2)     Iqbal Bains is the husband of Nerinder
Bains and the brother of Ranjeet Bains.  The beneficial ownership of shares by
Iqbal Bains and Nerinder Bains may be attributable to the other party's
respective holdings, and the number of shares owned and percentage ownership of
Iqbal Bains includes shares owned by Nerinder Bains and vice versa.  Iqbal Bains
and Nerinder Bains have no beneficial interest in the shareholdings of Ranjeet
Bains, neither does Ranjeet Bains have a beneficial interest in the
shareholdings of Iqbal Bains and Nerinder Bains.
(3)     Ranjeet Grewal is the husband of Parween
Kaur.  As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of Ranjeet
Grewal includes shares owned by Parween Kaur and vice versa.
(4)      Harjinder Jassal is the husband of
Sandeepika Jassal.  As such, beneficial ownership of each such party may be
attributed to the other party, and the number of shares owned and percentage
ownership of Harjinder Jassal includes shares owned by Sandeepika Jassal and
vice versa.
(5)     Melvin Johal is the husband of Shinder
Johal.  As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Melvin Johal includes shares owned by Shinder Johal and vice versa.
15
(6)     Konica Nagpal is the husband of Sankalp Nagpal.  As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Konica Nagpal includes shares owned by Sankalp Nagpal and vice versa.
(7)     Charanjit Patel is the husband of Lal
Patel.  As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Charanjit Patel includes shares owned by Lal Patel and vice versa.
(8)     Jagjit Rakhra is the wife of Sukhdip
Rakhra.  As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Jagjit Rakhra includes shares owned by Sukhdip Rakhra and vice versa.
(9)     Gurdish Sidhu is the spouse of Sharanjit
Sidhu.  As such, beneficial ownership of each such party may be attributed to
the other party, and the number of shares owned and percentage ownership of
Gurdish Sidhu includes shares owned by Sharanjit Sidhu and vice versa.
(10)   Balwinder Virk is the wife of Surinder
Virk.  As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of
Balwinder Virk includes shares owned by Surinder Virk and vice versa.
(11)   Gurdarshan Virk is the spouse of Kulwinder
Virk.  As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of
Gurdarshan Virk includes shares owned by Kulwinder Virk and vice versa.
(12)   Gurinder Virk is the wife of Narvinder
Virk.  As such, beneficial ownership of each such party may be attributed to the
other party, and the number of shares owned and percentage ownership of Gurinder
Virk includes shares owned by Narvinder Virk and vice versa.
(13)   Kirndeep Virk is the wife of Prubhjit Virk. 
As such, beneficial ownership of each such party may be attributed to the other
party, and the number of shares owned and percentage ownership of Kirndeep Virk
includes shares owned by Prubhjit Virk and vice versa.
(14)   Balwinder Virk and Prubhjit Virk are
brothers.  Each of them and their respective spouse does not have a beneficial
interest in the other party's shareholdings.
(15)   Gurdarshan Virk and Narvinder Virk are
brothers.  Each of them and their respective spouse does not have a beneficial
interest in the other party's shareholdings.
(16)   Shares offered by this Prospectus do not
include shares deemed beneficially held by the selling shareholders.
Plan Of Distribution
Summary
We have agreed
to register for public resale our common shares, which have been issued to the
selling shareholders.  This offering will terminate on the earlier of (i) the
date on which the shares may be resold by the selling stockholders without
registration and without regard to any volume limitations by reason of Rule 144
under the Securities Act or any other rule of similar effect or (ii) all of the
shares have been sold pursuant to this prospectus or Rule 144 under the
Securities Act or any other rule of similar effect. The selling shareholders
will receive all of the net proceeds from their sales.  Prior to having its
shares quoted on OTCBB, the selling shareholders may, from time to time, sell
all or a portion of the shares of common stock of our Company, which they own at
$0.10 per share.  After the shares of the Company are quoted for trading on the
OTCBB, the selling shareholders may sell their shares at the then market prices
on the OTCBB or privately negotiated prices, which may be less than or greater
than $0.10 per share.  Presently, the selling shareholders cannot sell their
common stock of our Company in accordance with new Rule 144 under the Securities
Act because we are defined as a "shell company".
The selling
shareholders may sell their shares of common stock of our Company directly to
purchasers or may use brokers, dealers, underwriters or agents to sell such
shares. Brokers or dealers may receive commissions, discounts or concessions
from a selling shareholder or, if any such broker or dealer acts as agent for
the purchaser of such shares, from a purchaser in amounts to be negotiated. Such
compensation may, but is not expected to, exceed that which is customary for the
types of transactions involved.
The selling
shareholders and any brokers, dealers or agents that participate with the
selling shareholders in sales of their shares of common stock of our Company may
be deemed to be "underwriters" within the meaning of the Securities Act of 1933
in connection with such sales. In such event, any commissions received by such
brokers, dealers or agents and any profit on the resale of such shares purchased
by them may be deemed to be underwriting commissions or discounts under the
Securities Act of 1933.
We are
required to pay all fees and expenses incident to the registration of our shares
of common stock offered hereby other than broker or dealer discounts and
commissions.
16
Selling shareholder's "Underwriter" Status; prospectus Delivery
Requirement
Shareholders
of the Company who resell their securities pursuant to this prospectus may be
deemed to be statutory "underwriters" (as defined in Securities Act of 1933
Section 2(11)) and "engaged in a public distribution".  Accordingly, Sungro
intends to deliver a prospectus to each shareholder.  Each selling shareholder
should review it carefully and deliver it to any broker or dealer engaged to
sell stock or to any buyer in a direct sale. Selling shareholders and certain
brokers and dealers are required to deliver a prospectus 48 hours prior to
confirming sales.  Additional copies of the prospectus may be printed by
accessing it on the SEC website at http://www.sec.gov,
or it may be obtained by writing or calling Sungro Minerals Inc. at 7445 - 132
nd
Street, Suite 2008, Surrey, British Columbia, Canada, V3W 5S8, telephone (604)
681-3611.  See "Selling Shareholders" above for information as to the largest
shareholders, the amounts owned, and any relationships with Sungro.
Suggested
Selling Shareholder's Underwriting Compliance Procedures
Except as
indicated under "Selling Shareholders" none of the shareholders is known to
Sungro to be a broker- dealer or affiliates of broker-dealers or to have any
experience in the distribution of securities or to have any material
relationships with Sungro.  Sungro is not aware of any intent by a shareholder
to engage in passive market making transactions as permitted by Rule 10b-6A
under the Securities Exchange Act of 1934 or in stabilization or other
transactions affecting the market price.  We are not aware of any intent by our
officers, directors or principal shareholders to purchase shares from selling
shareholders.
It is
suggested to selling shareholders that, to avoid technical violations of
underwriting regulations, they should observe the prospectus delivery
requirement described herein and also consult with their legal counsel.  These
suggestions do not constitute legal advice or any representation or warranty
that these are necessary or sufficient to comply with, or avoid enforcement
action (civil or criminal) for alleged violations of, any type of law.
Shareholders engaging in any direct or indirect transactions of any nature as to
any of Sungro's securities do so at their own risk and expense.  All sales
should be conducted through brokers or dealers, who should be given a copy of
the prospectus and advised of the SEC and NASD position that such sales may be
deemed to be part of a "public distribution" by statutory "underwriters"
(selling shareholders). No purchases of shares or other transactions having the
purpose or effect of affecting the price should be engaged in by or on behalf of
shareholders before or after the sale.  Sungro's public reporting status should
be brought to the brokers' or dealers' and buyers' attention.  Updated
information about Sungro will be in its reports to the SEC at
http://www.sec.gov.  See "Available Information" near the end of the prospectus,
for further details on how to obtain copies of such reports.
Although
isolated resales often are exempt from state "blue sky" securities regulation
and registration requirements, and the reporting company status of an issuer
broadens the availability of resale exemptions, selling shareholders should be
cautious in view of their "underwriter" status in the eyes of the SEC and NASD. 
They are urged to consult qualified local securities counsel.  Sungro is not
undertaking, and it will be the selling shareholders' responsibility, to file
any necessary state exemption, qualification, or registration statements or
notices (such as Form U-1) and offering documents (such as this prospectus) if
needed for resales in a particular state.
The selling
shareholders may offer their shares of common stock at various times in one or
more of the following transactions:
in
	the over-the-counter market;
in private transactions other than in the over-the-counter market;
in connection with short sales of our shares;
by pledge to secure debts and other obligations; or
17
in a combination of any of the above transactions.
The selling
shareholders may sell their shares at market prices prevailing at the time of
the sale, at prices related to such prevailing market prices, at negotiated
prices or fixed prices.  Until the shares of the Company are quoted for trading
on the OTCBB, the selling shareholders will sell their shares at a price of
$0.10 per share.  After the shares of the Company are quoted for trading on the
OTCBB, the selling shareholders may sell their shares at the then market prices
on the OTCBB or privately negotiated prices, which may be less than or greater
than $0.10 per share.
The selling
shareholders may use brokers or dealers to sell their shares.  Sales through
brokers or dealers may involve one or more of the following:
block
	trades in which the broker or dealer so engaged will attempt to sell the
	selling shareholder's shares as agent but may position and resell a portion
	of the block as principal to facilitate the transaction;
purchases
	by a broker or dealer as principal and resale by such broker or dealer for
	its own account pursuant to this prospectus; or
ordinary
	brokerage transactions and transactions in which the broker solicits
	purchasers.
If a broker or
dealer is engaged by a selling shareholder, such broker or dealer may either
receive discounts or commissions from the selling shareholders, or they will
receive commissions from purchasers of shares for whom they acted as agents.
Affiliates of one or more of the selling shareholders may act as principals or
agents in connection with the offer or sale of shares by selling shareholders.
Selling
shareholders also may resell all or a portion of the shares in open market
transactions in reliance upon Rule 144 under the Securities Act of 1933, as
amended, provided that they meet the criteria and conform to the requirements of
that Rule.
Selling
shareholders have been advised that during the time each is engaged in
distribution of the securities covered by this prospectus, to the extent
applicable, each must comply with Regulation M under the Securities Exchange Act
of 1934, as amended, and pursuant to such Regulation:
shall not
	engage in any stabilization activity in connection with our securities;
shall
	furnish each broker through which securities covered by this prospectus may
	be offered the number of copies of this prospectus which are required by
	each broker; and
shall not
	bid for or purchase any of our securities or attempt to induce any person to
	purchase any of our securities other than as permitted under the Securities
	Exchange Act of 1934, as amended.
The selling
shareholders and any brokers, dealers or agents that participate with the
selling shareholder in sales of the shares may be deemed to be underwriters
within the meaning of the Securities Act in connection with such sales and
subject to any liabilities under such Act.  Any commissions received by such
brokers, dealers or agents and any profit on the resale of the shares purchased
by them may be deemed to be underwriting commissions or discounts under the
Securities Act.
Canadian Securities Law
Selling
shareholders who are resident of a province other than British Columbia will
have to rely on available prospectus exemptions to resell their securities.  If
they cannot rely on an available prospectus exemption, such non-British
Columbian Canadian residents may be subject to an indefinite hold period with
respect to their securities of Sungro.  All Canadian shareholders should consult
independent legal counsel with respect to ascertaining any available prospectus
exemptions for reselling their securities of
18
Sungro. 
Selling shareholders who are residents of British Columbia may to rely on an
exemption from prospectus and registration requirements of B.C. securities laws
to sell their shares, which are being registered for resale by this prospectus. 
The selling shareholders may rely on the B.C. Securities Commission's Instrument
72-502 "Trade In Securities of U.S. Registered Issuers" to comply with B.C.
securities laws to resell their shares.
According to
BC Instrument 72-502, a B.C. resident who acquired securities under a prospectus
exemption in a company that is not a reporting issuer under the B.C. Securities
Act may sell those securities without filing a prospectus under the Act, if the
following conditions are met:
(1)        The securities of the company are registered under section 12 of the
U.S. Securities Exchange Act of 1934, as amended, or the company is required to
file reports under section 15(d) of that Act.
(2)        The seller's residential address or registered office is in British
Columbia.
(3)        A 4-month period has passed since the date the company issued the
securities to the seller, or a control person sold the securities to the seller.
(4)        If the seller is a control person of the company, then the seller has
held the securities for at least 6 months.
(5)        The number of securities the seller proposes to sell under BCI
72-502, plus the number of securities of the company of the same class that the
seller has sold in the preceding 12-month period, does not exceed 5% of the
company's outstanding securities of the same class.
(6)        The seller sells the securities through a registered investment
dealer.
(7)        The registered investment dealer executes the trade through an
exchange, or market, outside Canada.
(8)        There has been no unusual effort made to prepare the market or create
a demand for the securities.
(9)        The seller has not paid any extraordinary commission or other
consideration for the trade.
(10)       If the seller is an insider of the company, the seller reasonably
believes that the company is not in default of the securities legislation
(including U.S. federal and state securities legislation) that governs the
company.
Legal Proceedings
We are not
currently a party to, nor is any of our property currently the subject of, any
pending legal proceeding.  None of our directors, officers or affiliates is
involved in a proceeding adverse to our business or has a material interest
adverse to our business.
Our agent for
service of process is Business First Formations, Inc., of 3990 Warren Way, Reno,
Nevada  USA 89509.
Directors, Executive Officers, Promoters And Control
Persons
Executive Officers And Directors
The following
table sets forth the directors and executive officers of our Company, their
ages, term served and all officers and positions with our Company.  Pursuant to
our bylaws, our directors are elected at our
19
annual meeting
of stockholders and each director holds office until his successor is elected
and qualified.  Officers are elected by our Board of Directors and hold office
until an officer's successor has been duly appointed and qualified unless an
officer sooner dies, resigns or is removed by the Board.
There are no arrangements or understandings regarding the length of time a
director of our company is to serve in such a capacity.
Name and Address
		of Director
Age
Position
Mal Bains
7445 - 132nd Street, Suite 2008
Surrey, British Columbia
Canada V3W 5S8
37
Director and President, Secretary and
		Treasurer,
Set forth
below is a brief description of the background and business experience of our
current executive officers and directors:
Mal Bains has
been a Director and President of the Company since August 10, 2007.  Mr. Bains
has been involved in the financial industry for the past 16 years.  Mr. Bains is
a financial planner, specializing in insurance broker and a principal of M.
Bains Financial Inc.  Mr. Bains does not have professional training or technical
credentials in the exploration, development and/or operations of metal mines. 
Mr. Bains has to rely on the technical services of others with expertise in
geological exploration in order for him to carry our planned exploration
program.  If we are unable to contract for the services of such individuals, it
will make it difficult and maybe impossible to pursue our business plan.
During our
early stages of business development, our President intends to devote
approximately 10 to 15 hours per week of his time to our business.  If, however,
the demands of our business require more business time, such as raising
additional capital or addressing unforeseen issues with regard to our plan of
operation, he is prepared to adjust his timetable to devote up to 20 hours a
week on our business in furtherance of our plan of operation.  However, Mr.
Bains may not be able to devote sufficient time to the management of our
business, as and when needed.
Executive Compensation
To date, our
sole director does not currently receive and has never received any compensation
for serving as a director of the company. In addition, at present, there are no
ongoing plans or arrangements for compensation of any of our officers. 
Presently, there are no plans or agreements for compensation of our officers and
directors even if certain milestones are achieved in the business plan. 
However, we expect to adopt a plan of reasonable compensation to our officers
and employees when and if we become operational and profitable.
The following
table sets forth all compensation awarded to, earned by, or paid for services
rendered to us in all capacities during the period ended November 30, 2007, by
Mr. Mal Bains, our sole executive officer.
Summary Compensation Table Long-Term Compensation Awards
Compensation - November 30, 2007
($) Number of shares Underlying
Name and Principal Position
Salary
($) Bonus
Options (#)
Mal Bains
President, Secretary and Treasurer
None
None
None
Presently, we
do not pay our sole director or officers any salary or consulting fees.
20
We do not
presently have a stock option plan but intend to develop an incentive based
stock option plan for our officers and directors in the future and may reserve
up to ten percent of our outstanding shares of common stock for that purpose.
Significant Personnel
We have no
significant personnel other than our officers and directors.  We presently rely
on consultants and other third party contractors to perform administrative and
geological services for the Company.  We have no formal contracts with any of
these consultants and contractors.
Committees of the Board of Directors
The functions
of the audit committee are currently carried out by our Board of Directors.  We
do not have an audit committee or financial expert on our Board carrying out the
duties of the audit committee.  Our Board has determined that we do not need
such an expert because we are a start-up exploration company and have no
revenue.  The cost of hiring a financial expert to act as a director of Sungro
and to be a member of the audit committee or otherwise perform audit committee
functions outweighs the benefits of having a financial expert on the audit
committee.  We do not have a compensation committee, nominating committee, an
executive committee of our board of directors, stock plan committee or any other
committees.
Code of
Ethics
We have
adopted a code of ethics that applies to our Chief Executive Officer, Chief
Financial Officer, Principal Executive Officer, Principal Financial Officer,
Principal Accounting Officer, Controller and persons performing similar
functions within the Company.  A copy of the code of ethics is filed with the
SEC as an exhibit to this registration statement and a copy may also be obtained
without charge by contacting the Secretary of the Company at 7445 132nd Street,
Suite 2008, Surrey, British Columbia, Canada V3W 5S8.
Involvement in certain legal proceedings
None of our
directors, executive officers, promoters or control persons has been involved in
any of the following events during the past five years:
any
	bankruptcy petition filed by or against any business of which such person
	was a general partner or executive officer either at the time of the
	bankruptcy or within two years prior to that time;
any
	conviction in a criminal proceeding or being subject to a pending criminal
	proceeding (excluding traffic violations and other minor offences);
being
	subject to any order, judgment, or decree, not subsequently reversed,
	suspended or vacated, of any court of competent jurisdiction, permanently or
	temporarily enjoining, barring, suspending or otherwise limiting his
	involvement in any type of business, securities or banking activities; or
being
	found by a court of competent jurisdiction (in a civil action), the
	Commission or the Commodity Futures Trading Commission to have violated a
	federal or state securities or commodities law, and the judgment has not
	been reversed, suspended, or vacated.
Security Ownership Of Certain Beneficial Owners And
Management
The following
table sets forth certain information with respect to the beneficial ownership of
our company's common stock with respect to each named director and executive
officer of our Company, each person known to our Company to be the beneficial
owner of more than five percent (5%) of said securities, and all directors and
executive officers of our Company as a group:
21
Name and Address
Title
			of Class
Amount
			and Nature of Beneficial Ownership
Percentage
			of Class
(1)
Mal Bains
Surrey, BC, Canada
President, Secretary & Treasurer and Director
Common
5,000,000
51.3%
All officers & directors as a group
Common
5,000,000
51.3%
(1)   The percentage of class is based on
9,750,000 shares of common stock outstanding as of the date hereof.
The persons
named above have full voting and investment power with respect to the shares
indicated. Under the rules of the Securities and Exchange Commission, a person
(or group of persons) is deemed to be a "beneficial owner" of a security if he
or she, directly or indirectly, has or shares the power to vote or to direct the
voting of such security, or the power to dispose of or to direct the disposition
of such security. Accordingly, more than one person may be deemed to be a
beneficial owner of the same security. A person is also deemed to be a
beneficial owner of any security, which that person has the right to acquire
within 60 days, such as options or warrants to purchase our common stock.
Description of Capital Stock
The shares
registered pursuant to this registration statement are shares of common stock,
all of the same class and entitled to the same rights and privileges as all
other shares of common stock.
Common Stock
Sungro is
presently authorized to issue 75,000,000 shares of common stock, with a par
value of $0.001 per share.  As of the date hereof, there were 9,750,000 shares
of our common stock issued and outstanding, held by 41 stockholders of record.
Our common
stock is entitled to one vote per share on all matters submitted to a vote of
the stockholders, including the election of directors. Except as otherwise
required by law or provided in any resolution adopted by our board of directors
with respect to any series of preferred stock, the holders of our common stock
will possess all voting power. Generally, all matters to be voted on by
stockholders must be approved by a majority (or, in the case of election of
directors, by a plurality) of the votes entitled to be cast by all shares of our
common stock that are present in person or represented by proxy, subject to any
voting rights granted to holders of any preferred stock. Holders of our common
stock representing ten-percent (10%) of our capital stock issued, outstanding
and entitled to vote, represented in person or by proxy, are necessary to
constitute a quorum at any meeting of our stockholders. A vote by the holders of
a majority of our outstanding shares is required to effectuate certain
fundamental corporate changes such as liquidation, merger or an amendment to our
Articles of Incorporation. Our Articles of Incorporation do not provide for
cumulative voting in the election of directors.
Subject to any
preferential rights of any outstanding series of preferred stock created by our
board of directors from time to time, the holders of shares of our common stock
will be entitled to such cash dividends as may be declared from time to time by
our board of directors from funds available therefore. See "Dividend Policy."
Subject to any
preferential rights of any outstanding series of preferred stock created from
time to time by our board of directors, upon liquidation, dissolution or winding
up of Sungro, the holders of shares of our common stock will be entitled to
receive pro rata all assets of Sungro available for distribution to such
holders.
22
In the event
of any merger or consolidation of our company with or into another company in
connection with which shares of our common stock are converted into or
exchangeable for shares of stock, other securities or property (including cash),
all holders of our common stock will be entitled to receive the same kind and
amount of shares of stock and other securities and property (including cash).
Holders of our
common stock have no pre-emptive rights, no conversion rights and there are no
redemption provisions applicable to our common stock.
Preferred
Stock
As of the date
hereof, Sungro has no preferred stock authorized or issued.
Dividend
Policy
We have never
declared or paid any cash dividends on our common stock. We currently intend to
retain future earnings, if any, to finance the expansion of our business. As a
result, we do not anticipate paying any cash dividends in the foreseeable
future.
Share
Purchase Warrants
We have not
issued and do not have outstanding any warrants to purchase shares of our common
stock.
Options
We have not
issued and do not have outstanding any options to purchase shares of our common
stock.
Convertible
Securities
We have not
issued and do not have outstanding any securities convertible into shares of our
common stock or any rights convertible or exchangeable into shares of our common
stock.
Nevada Anti-Takeover laws
Nevada revised
statutes sections 78.378 to 78.3793 provide state regulation over the
acquisition of a controlling interest in certain Nevada corporations unless the
articles of incorporation or bylaws of the corporation provide that the
provisions of these sections do not apply.  Our articles of incorporation state
that these provisions do not apply.
Combinations with Interested Stockholders
Nevada revised
statues sections 78.411 to 78.444 provide state regulations over combination
with the interested stockholder or any corporation, which is, or after the
merger or consolidation, would be, an affiliate or associate of the interested
stockholder, unless the articles of incorporation or bylaws of the corporation
provide that the provisions of those sections do not apply.  Our articles of
incorporation state that these provisions do not apply.
Interests of Named Experts and Counsel
No experts or
counsel named in this prospectus as having prepared or certified any part of
this prospectus or having given an opinion upon the validity of the securities
being registered or upon other legal matters in connection with the registration
or offering of the common stock was employed on a contingency basis, or had, or
is to receive, in connection with the offering, a substantial interest exceeding
$50,000, direct or indirect, in Sungro.  Nor was any such person connected with
Sungro as a promoter, managing or principal underwriter, voting trustee,
director, officer, or employee.
23
Legal Matters
Fraser and
Company LLP has provided an opinion on the validity of our common stock offered
by the Selling Shareholders.
Experts
MacKay LLP,
Chartered Accountants ("MacKay"), our independent registered public accounting
firm, has audited our financial statements included in this prospectus and
registration statement to the extent and for the period set forth in their audit
report. MacKay has presented their report with respect to our audited financial
statements.  The report of MacKay is included in reliance upon their authority
as experts in accounting and auditing.
Market For Common Equity and Related Stockholder Matters
No Public
Market for Common Stock
There is
presently no public market for our common stock.  We anticipate making an
application for trading of our common stock on the OTCBB upon the effectiveness
of the registration statement of which this prospectus forms a part.  We are
qualifying for resale up to 4,750,000 common shares pursuant to this
registration statement.  However, we can provide no assurance that our shares
will be traded on the bulletin board or, if traded, that a public market will
materialize.
New Rule
144
Sungro is
presently a "shell company" as defined under Rule 405 of the Securities Act and
Rule 12b-2 of the Exchange Act.  The new Rule 144 cannot be relied upon for the
resale of securities of a shell company, and may be relied upon to sell
securities of a former shell company only if all of the following conditions are
met:  the issuer has ceased to be a shell company; the issuer is subject to the
reporting requirements of the Exchange Act; the issuer has filed all Exchange
Act reports required for the past 12 months; and at least one year has elapsed
from the time that the issuer filed current Form 10 information on Form 8-K
changing its status to a non-shell company.
If Sungro is
defined as not a "shell company", the 5,000,000 shares held by our affiliate,
Mal Bains, will be available for resale to the public after February 15, 2008,
in accordance with the volume and trading limitations of Rule 144 of the
Securities Act of 1933.  If Sungro is not a "shell company", then after March
26, 2008, an additional 4,750,000 shares of our common stock held by
non-affiliates will be available for resale to the public in accordance with the
volume and trading limitations of Rule 144.  Also pursuant to the amended
provisions of Rule 144, following the six- month holding period but before one
year after their acquisition of the securities, a person who is not an affiliate
and has not been an affiliate for at least three months prior to the sale, will
be able to make unlimited public resales under Rule 144 except that the current
public information requirement will still apply.  After the one-year holding
period, such non-affiliates may make unlimited public resales under Rule 144 and
need not comply with any other Rule 144 requirements.
If Sungro is
not a "shell company", then under the new Rule 144 effective February 15, 2008,
a person who has beneficially owned shares for at least six months is entitled
to sell, within any three-month period, a number of shares that does not exceed
the greater of (1) one percent of the then outstanding shares of common stock,
which in our case is 97,500 shares as of the date of this prospectus; or (2) the
average weekly trading volume in the common stock in the over-the-counter market
during the four calendar weeks preceding the date on which notice of the sale is
filed, provided several requirements concerning availability of public
information, manner of sale and notice of sale are satisfied.
The one year
and six month holding periods described above do not begin to run until the full
purchase price or other consideration is paid by the person acquiring the shares
from the issuer or an affiliate.
24
However, we
are a "shell company" and shareholders holding restricted stock cannot rely on
Rule 144 to resell their restricted shares.
Penny Stock
Regulation
Our shares
will have to comply with the Penny Stock Reform Act of 1990, which may
potentially decrease your ability to easily transfer our shares. Broker-dealer
practices in connection with transactions in "penny stocks" are regulated. Penny
stocks generally are equity securities with a price of less than $5.00. The
penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from the rules, to deliver a standardized risk
disclosure document that provides information about penny stocks and the risks
in the penny stock market. The broker-dealer also must provide the customer with
current bid and offer quotations for the penny stock, the compensation of the
broker-dealer and its salesperson in the transaction, and monthly account
statements showing the market value of each penny stock held in the customer's
account. In addition, the penny stock rules generally require that prior to a
transaction in a penny stock, the broker-dealer make a special written
determination that the penny stock is a suitable investment for the purchaser
and receive the purchaser's written agreement to the transaction. These
disclosure requirements may have the effect of reducing the level of trading
activity in the secondary market for a stock that has to comply with the penny
stock rules. As our shares immediately following this offering will likely have
to comply with such penny stock rules, investors in this offering will in all
likelihood find it more difficult to sell their securities.
Holders
There are 41
shareholders of record for the common shares.
Dividends
No dividends
have been declared on the common shares as of the date hereof.
Disclosures
of Commission Position on Indemnification for Securities Act Liabilities
Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant
pursuant to the foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable.
In the event
that a claim for indemnification against such liabilities (other than the
payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the registrant will, unless
in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
Transactions with Related Persons
In connection
with the organization of Sungro, Mr. Mal Bains, the President and Director of
our Company, purchased 5,000,000 shares at a price of $0.001 per share.
We have no
formal written employment agreement or other contracts with our officers, and
there is no assurance that the services to be provided by them, and facilities
to be provided by Mr. Bains, will be available for any specific length of time
in the future.  Mr. Bains anticipates initially devoting up to approximately 10
to 15 hours a week of his business time to the affairs of our Company. If and
when the business operations of our company increase and a more extensive time
commitment is needed,
25
Mr. Bains is
prepared to devote up to 20 hours a week in the event that becomes necessary.
The amounts of compensation and other terms of any full time employment
arrangements with our Company would be determined if and when such arrangements
become necessary.
Business
History and Organization
Sungro
Minerals Inc. was incorporated under the laws of the state of Nevada on August
10, 2007.  We have not commenced business operations and we are considered an
exploration stage company.  We are defined as a "shell company" under the Rule
405 of the Securities Act and Rule 12b-2 of the Exchange Act because we have
nominal operations and nominal assets. To date, our activities have been limited
to organizational matters, obtaining a geology report on the Chevron Claims and
the preparation and filing of the registration statement of which this
prospectus is a part.  In connection with the organization of our Company, the
founding shareholder of our Company contributed an aggregate of $5,000 cash in
exchange for a total of 5,000,000 shares of common stock.
Property Option Agreement
Under a Property Option Agreement and Amendment (the "Agreement"), we acquired
in October 2007 an option to acquire a 100% interest in and to three mineral
claims called the Chevron Claims, located in the Tatsamenie Lake area, 87 miles
(140 km) south of the town of Atlin Lake, in northern British Columbia, from Mr. Carl von Einsiedel, the registered
owner of the Chevron Claims.  The Chevron Claims consist of three mineral claims
covering approximately 1,132.97 hectares (2,799.63 acres).  The following table
sets forth the details of the claims.
Tenure Number
Surface Area in Ha
Expiry Date
566327
422.83
2009/06/20
552110
355.01
2009/06/20
552111
355.13
2009/06/20
Under the
Agreement, Carl von Einsiedel has a 2% Net Smelter Return ("NSR") royalty
interest in the Chevron Claims, if and when Sungro exercises its option to
acquire a 100% interest in the Chevron Property by making the required cash
payments.  NSR means the gross value of ore, ore concentrates or bullion shipped
from the Chevron Property as shown on the smelter settlement sheets and any
output or production tax levied with respect to production from the Chevron
Property.
Sungro also
has the right to purchase at any time up to 1% (or 50% of the NSR) by paying Mr.
von Einsiedel $1,000,000 (CAD$1,000,000).
Under the
Agreement, Sungro is required to make all filings related to the Chevron
Property and to maintain the Chevron Property and to maintain the Chevron Claims
in good standing by preparing and filing the assessment reports, paying taxes
and keeping the Chevron Property free and clear of all liens and encumbrances.
In order to
exercise the Option and to earn its 100% interest in the Property, Sungro has to
make cash payments totaling $99,938 (CAD$100,000) to Mr. von Einsiedel over four
years, within the following time schedule:
(a)        $2,438 (CAD$2,500) upon signing of the Agreement (paid);
(b)        $2,500 (CAD$2,500) within 10 days of Sungro being quoted for trading
on the NASD OTC Bulletin Board;
26
(c)        $10,000 (CAD$10,000) on the first anniversary date of the Agreement;
(d)        $15,000 (CAD$15,000) on the second anniversary date of the Agreement;
(e)        $20,000 (CAD$20,000) on the third anniversary date of the Agreement;
and
(f)         $50,000 (CAD$50,000) on the fourth anniversary date of the
Agreement.
Summary
Report on Properties
Mr. Ian
Foreman, P.Geo. was hired by Sungro to provide an initial Summary Report dated
November 20, 2007 on the Chevron Claims.  Mr. Foreman has been continuously
practicing in his profession as a geologist since 1993, and has experience in
precious and base metal exploration in both North and South America and Africa. 
He graduated from Queen's University (1992) in Ontario, Canada, with a Bachelor
of Science degree in geology.  He is a member of the Association of Professional
Engineers and Geoscientists of the Province of British Columbia (No. 23572). 
Mr. Foreman does not have any interest in the Chevron Property or the Company. 
The report is based on an assessment report dated October 1983.  Mr. Foreman has
not visited the property.  Mr. Foreman's report details the geological and
exploration history of the Chevron Property, including the land status, climate,
geology and mineralization. Based upon previous exploration activity in the
area, Mr. Foreman recommends the Company conduct a specific exploration program
on the Chevron Property.  The purpose of this report was to evaluate the area of
the claim group, and the prior exploration work conducted on the claims, and to
recommend an exploration program.
Recommended Exploration Program
Mr. Foreman
recommends an initial results-based three-phase exploration program, with Phase
1 consisting of mapping and prospecting throughout the property, and is
estimated to cost approximately $15,000.  Phase 2 will consist of a ground
geophysical survey and sampling program, estimated to cost approximately
$20,000.  If the results of Phase 1 and Phase 2 are favorable, Phase 3 will
consist of a selective drilling program.  We will be able to estimate the cost
of Phase 3 after we finish the Phase 1 program.
Geological Exploration Program
Our mineral
claims presently do not have any mineral reserves.  There is no mining plant or
equipment located on the property.
We have not
yet commenced physical exploration of the Chevron Claims.  Our exploration
program is exploratory in nature and there is no assurance that mineral reserves
will be found.
The
exploration program proposed by the Company's independent consultant is designed
to determine whether mineralization exists to the extent that further
exploration is recommended to outline any such mineralized zones.  It is
uncertain at this time the precise quantity of minerals in the property that
would justify actual mining operations.  If we decide to abandon our mineral
claim at any stage of our exploration program, we intend to acquire other
properties and conduct similar exploration programs. The other properties may be
located in the same mining district or we may in the future explore properties
located in other jurisdictions, which may include other provinces in Canada, or
in the United States.  Currently, the Company does not have any other properties
or any intentions of acquiring any other properties.
We need to maintain the claims in good standing by
spending at least $4,532 (CAD$4,532) on the claims and file an assessment report
with the B.C. Mineral Titles Branch or by paying approximately $4,532 per year
to the Mineral Titles Branch of the Province of British Columbia.  The next
filing or payment is due June 20, 2009.  As of the date hereof, all required
filings have been made to maintain the three mineral claims in good standing
until June 20, 2009.
27
We plan to
conduct a Phase 1 and Phase 2 exploration program on the Chevron Property in the
summer of 2008.  However, we presently have the funds to conduct only Phase 1. 
We will need to raise additional money to conduct Phase 2 and Phase 3.  Due to
extreme weather conditions, exploration activities can only be conducted between
July and September of each year.
Phase 1
consists of an intense program of mapping and prospecting throughout the
property, paying special attention to areas adjacent to the contact of the
volcanic package with the coarse clastic sediments, resampling all previous
areas of known mineralization, and creating a Global Position System database. 
Phase 1 is estimated to cost $15,000 (CAD$15,000).
We planned a
preliminary field visit in mid-September of 2007, but due to poor weather
conditions it was not possible to actually make it to the property.  During
October and November of 2007 we updated the historic data collected by Chevron
in the early 1980's, digitizing the maps and 'georeferencing' them - this is the
process of imputing all of the relevant data into a Geographic Information
System (GIS) such that all the data is manipulatable and searchable.
Phase 2 will
consist of a ground geophysical survey extending across adjacent parts of the
property to delineate potential diamond drill targets, and follow-up sampling,
estimated to cost between CAD$15,000 and CAD$20,000.
We expect
Phase 3 to involve a selective drilling program.  To maximize the effectiveness
of the drilling, we plan to align the holes such that there is potential to
intersect more than one vein with each hole.  We cannot anticipate the cost for
a drill program until after Phase 1 is completed.  We expect a majority of the
expense for Phase 3 to be the drill cost and helicopter support.  We cannot
determine the cost of this drill program at this time, however, a 1,000 meter
drilling program would about CAD$250,000.
Foremost
Geological Consulting is a business operated by Mr. Ian Foreman.  Mr. Foreman is
a qualified geologist and we have engaged him to conduct the mineral exploration
program under industry standards.  He is responsible for hiring personnel and
for all appropriate worker-related costs and will bill us for their services.
Canadian Mining Law
The laws of
British Columbia govern work on the claim.  Title to mineral claims are issued
and administered by the Land Title Office and any work on the property must
comply with all provisions under the Mineral Tenure Act (British Columbia).  A
mineral claim acquires the right to the minerals, which were available at the
time of location and as defined in the Mineral Tenure Act (British Columbia). 
There are no surface rights included, but the title holder has the right to use
the surface of the claim for mining proposes only.  All work carried out on a
claim that disturbs the surface by mechanical means requires a Notice of Work
and must receive written approval from the District Inspector of Mines prior to
commencement.
The sections below describing the property are excerpts from a summary
report dated November 20, 2007 prepared by Mr. Foreman, our consulting
geologist.  Mr. Foreman has not visited the site and no visual inspection has
been performed.  Mr. Foreman's recommendations are based solely on his
interpretation of an assessment report dated October 1983.
Location,
Access, Topography and Climate
The claims are
located in the Tatsamenie Lake area, 87 miles (140 km) south of the town of
Atlin Lake, in northern British Columbia.  The only direct access to the
Tatsamenie Lake area is by helicopter.  The nearest community to the property is
the town of Atlin Lake, groceries, gas and basic supplies can be bought in Atlin
Lake.
28
The climate of
the Tatsamenie Lake area is defined as sub-arctic.  The mean summer and winter
temperatures are in the range of 59
o
F (15
o
C) and -11.2
o
F
(-24
o
C) respectively, and the mean summer and winter precipitation
average for northern British Columbia are in the range of 9.8 inches (25 cm) and
8.6 inches (22 cm) respectively with a majority of the winter precipitation
being in the form of snow.
There are
seven separate drainages that flow from the property; three to the south, one to
the east (that flows into the Sheslay River) and three to the north (that flow
into Tatsatua Creek and ultimately into the Sheslay River).  It is understood
that all of these have year round water.  There is no infrastructure on the
property.  The styles and types of vegetation through the property are unknown
at this time.
History of
the Property
The
exploration history of the area surrounding the Chevron Property is poorly
documented.  The last known exploration in the area was performed by Chevron
Canada Ltd. in 1983.  Chevron staked the Vein claims in 1982.
It is assumed
that there has been no fieldwork performed in the area since.
Previous Work
A total of 549
soil samples and 71 rock samples have been taken from the property in 1983. 
These samples were all analyzed by Chemex Labs in North Vancouver for gold,
arsenic, antimony, silver, and copper. Some of the samples have also been
analyzed for lead and zinc.  The soil sampling was taken on a 100 meter basis to
provide total coverage of the claim and possibly pick up some areas that may
warrant further detailed sampling.  Since the veins strike straight up and over
the hill the geochemical dispersion from the zone will be very small unless you
are directly over an individual vein.  For this reason most of the anomalies are
spot type or at the most, three to four stations.
The soil
sampling has helped to confirm the presence of the veins but on the spacing used
it has not really provided truly valuable information. Much more detailed soil
sampling would be warranted if veins were to be detected in covered areas.
Current Work
A preliminary
field visit was planned for 2007 and in mid September a visit was attempted. 
Unfortunately due to poor weather conditions it was not possible to actually
make it to the property.  The early onset of winter in the north proved a
challenge to many exploration programs in northern B.C.
During October
and November of 2007 the work consisted primarily of updating the historic data
collected by Chevron in the early 1980's.  This entailed digitizing the maps and
'georeferencing' them - this is the process of imputing all of the relevant data
into a Geographic Information System (GIS) such that all the data is
manipulatable and searchable.  This process was challenging as the quality of
the maps from the 1983 Chevron assessment report was poor.  Although the new
data set is not pin point accurate, it is not critical at this stage of
exploration as the newly generated database clearly shows the locations of the
main concentrations of anomalous results.
Unfortunately
the gold results from the outcrop sampling could not be entered into the new
database as the numbers in the copy of the assessment report were illegible.
All of this
work resulted in the filing of $3,575 of assessment work on November 19, 2007.
Conclusions
and Recommendations
Recent work
suggests that there are two key geochemical targets in the northwestern and
eastern portions of the property.  A simple trenching program is recommended by
Mr. Foreman.
29
Mr. Foreman
also recommends obtaining a cleaner version of the 1983 assessment report by
going to the Victoria branch of the Ministry of Mines, and conducting a
three-phased exploration program of field work.  The program would consist of
mapping and prospecting throughout the property, and if favorable, proceeding to
a second phase of ground geophysical survey that extends across adjacent parts
of the property to delineate potential diamond drill targets, and follow-up
sampling.  Depending on the results of Phases 1 and 2, Phase 3 would involve a
selective drilling program.
Geological and Technical Staff
Foremost
Geological Consulting is a business operated by Mr. Ian Foreman.  Mr. Foreman is
a qualified geologist and we have engaged him to conduct the mineral exploration
program under industry standards.  Mr. Foreman responsible for hiring personnel
and for all appropriate worker-related costs and will bill us for their
services.
Competitive Factors
The mineral
industry is fragmented. We compete with other exploration companies looking for
a variety of mineral resources. We are a very small exploration company compared
to many of our competitors.  Although we will be competing with other
exploration companies, there is no competition for the exploration of minerals
on our mineral claim.  We intend to explore and find sufficient mineralization
to a point in which major mining companies or mining financial groups would
seriously consider pursuing the mineral claim as a valuable and significant
acquisition.
Location Challenges
We do not
expect any major challenges in accessing the property during the initial
exploration stages.  However, due to the seasonal winter conditions of the area,
we can only access the property between June and October of each year.
Regulations
Our mineral
exploration program will comply with the British Columbia Mineral Tenure Act. 
This act sets forth rules for:
*  locating claims
*  posting claims
*  working claims
*  reporting work performed
We also have
to comply with the British Columbia Mineral Exploration Code which tells us how
and where we can explore for minerals.  We must comply with these laws to
operate our business.  Compliance with these rules and regulations will not
adversely affect our operations.
In order to
explore for minerals on our mineral claim we must submit the plan contained in
this prospectus for review.  We believe that the plan as contained in this
prospectus will be accepted and an exploration permit will be issued to our
agent or us. The exploration permit is the only permit or license we will need
to explore for precious and base minerals on the mineral claim.
We will be
required to obtain additional work permits from the British Columbia Ministry of
Energy and Mines for any exploration work that results in a physical disturbance
to the land.  Accordingly, we may be required to obtain a work permit depending
on the complexity and affect on the environment if we proceed beyond the
exploration work contemplated by our proposed exploration programs.  The time
required to obtain a work period is approximately four weeks.  We will incur the
expense of our consultants to prepare the required submissions to the Ministry
of Energy and Mines.  We will be required by the Mining Act to undertake
remediation work on any work that results in physical disturbance to the
30
land.  The
cost of remediation work will vary according to the degree of physical
disturbance.  No remediation work is anticipated as a result of completion of
Phases 1, 2 and 3 of the exploration program.
We have
budgeted for regulatory compliance costs in the proposed exploration program
recommended by the summary report.  As mentioned above, we will have to sustain
the cost of reclamation and environmental remediation for all exploration and
other work undertaken.  The amount of reclamation and environmental remediation
costs are not known at this time as we do not know the extent of the exploration
program that will be undertaken beyond completion of the recommended exploration
program.  Because there is presently no information on the size, tenor, or
quality of any mineral resource at this time, it is impossible to assess the
impact of any capital expenditures on earnings or our competitive position in
the event a potential mineral deposit is discovered.
If we enter
into substantial exploration, the cost of complying with permit and regulatory
environment laws will be greater than in Phases 1, 2 and 3 because the impact on
the project area is greater.  Permits and regulations will control all aspects
of any program if the project continues to that stage because of the potential
impact on the environment.  We may be required to conduct an environmental
review process under the British Columbia Environmental Assessment Act if we
determine to proceed with a substantial project.  An environmental review is not
required under the Environmental Assessment Act to proceed with the recommended
Phase 1, 2 or 3 exploration programs on our Chevron Claims.
Environmental Factors
We will also
have to sustain the cost of reclamation and environmental remediation for all
work undertaken which causes sufficient surface disturbance to necessitate
reclamation work.  Both reclamation and environmental remediation refer to
putting disturbed ground back as close to its original state as possible.  Other
potential pollution or damage must be cleaned-up and renewed along standard
guidelines outlined in the usual permits.  Reclamation is the process of
bringing the land back to a natural state after completion of exploration
activities.  Environmental remediation refers to the physical activity of taking
steps to remediate, or remedy, any environmental damage caused, i.e. refilling
trenches after sampling or cleaning up fuel spills.  Our initial programs do not
require any reclamation or remediation other than minor clean up and removal of
supplies because of minimal disturbance to the ground.  The amount of these
costs is not known at this time as we do not know the extent of the exploration
program we will undertake, beyond completion of the recommended three phases
described above.  Because there is presently no information on the size, tenor,
or quality of any resource or reserve at this time, it is impossible to assess
the impact of any capital expenditures on our earnings or competitive position
in the event a potentially economic deposit is discovered.
Employees
Initially, we
intend to use the services of contractors and consultants for exploration work
on our properties. At present, we have no paid employees.  We believe keeping a
low number of full-time employees will conserve cash and allow greater
flexibility in the future.
Plan Of Operations
Our business
plan is to proceed with the exploration of the Chevron Claims to determine
whether there are commercially exploitable reserves of base and precious
metals.  We have decided to embark upon the initial phase of the exploration
program recommended by Mr. Ian Foreman, P.Geo.  We anticipate the initial
recommended program will cost approximately $15,000.
Specifically,
we anticipate spending the following over the next 12 months:
$12,500
	(CAD$12,500) in connection with our payment obligations under the Option
	Agreement;
31
$22,000
	for operating expenses and $42,500 for payment of offering expenses related
	to this Registration Statement; and
$15,000
	(CAD$15,000) in connection with the completion of Phase 1 of our recommended
	geological work program.
We expect our
total expenditures for the next 12 months to be in the higher range of $92,000. 
On November 30, 2007 we had cash on hand of $91,769 and working capital of
$73,605.  We are able to proceed with Phase 1 without additional financing.  But
we will need additional funding of at least $18,400 to meet our expenditures for
the next 12 months and another $20,000 to commence Phase 2.
We had cash in
the amount of $91,769 and working capital of $73,605 as of November 30, 2007. 
We do not have plans to purchase any significant equipment or change the number
of our employees during the next 12 months. In the next the 12 months, we will
need to obtain additional financing to pay for our working capital needs.  We
anticipate that we will raise the working capital by a private placement of our
common shares.
We are a
start-up, exploration stage corporation and have not yet generated or realized
any revenues from our business operations.
Our auditors
have issued a going concern opinion.  This means that there is substantial doubt
that we can continue as an on-going business for the next twelve months unless
we obtain additional capital to pay our bills.  This is because we have not
generated any revenues and no revenues are anticipated until we begin removing
and selling minerals.  There is no assurance we will ever reach this point. 
Accordingly, we must raise cash from sources other than the sale of minerals
found on the property.  That cash must be raised from other sources.  Our only
other source for cash at this time is investments by others.  We must raise cash
to implement our project and stay in business.
We expect that
our Phase 1 exploration program will commence between July to September of 2008
and if we are able to raise additional funds, we will proceed with Phase 2 in
succession with Phase 1.  Once we receive the results of our Phase 1 and Phase 2
exploration programs, our board of directors, in consultation with our
consulting geologist, will assess whether to proceed with the Phase 3
exploration program.  In making this determination to proceed, we will make an
assessment as to whether the results of the initial exploration phases are
sufficiently positive to enable us to proceed.  This determination will include
an assessment of our cash reserves after completion of the initial phases, the
price of minerals and the market for financing of mineral exploration projects
at the time of our assessment. Should the results of our initial exploration
program prove not to be sufficiently positive to proceed with further
exploration on the Chevron Claims, we intend to seek out and acquire other North
American mineral exploration properties, which, in the opinion of our consulting
geologist, offer attractive mineral exploration opportunities.
Should a Phase
3 exploration program be undertaken, it would likely commence in July of 2009
after reviewing the results of Phase 1 and Phase 2.  We cannot anticipate the
cost and scope of Phase 3 until after Phase 1 is completed.  We expect a
majority of the expense for Phase 3 to be the drill cost and helicopter support,
and a 1,000 meter program would cost approximately $250,000.  We presently do
not have sufficient funds to carry out Phase 3.
During this
exploration stage, Mr. Mal Bains, our president, will only be devoting
approximately 10 hours per week of his time to our business. We do not foresee
this limited involvement as negatively impacting our company over the next 12
months as an outside consultant is performing all exploratory work.  If,
however, the demands of our business require more time of Mr. Bains, such as
raising additional capital or addressing unforeseen issues with regard to our
exploration efforts, he is prepared to adjust his timetable to devote more time
to our business, up to 20 hours.  Mr. Bains is also the principal of M. Bains
Financial Inc., and he may not be able to devote the necessary time to the
affairs of our business because of competing demands from M. Bains Financial
Inc.
32
In the event
that we require additional funding, we anticipate that such funding will be in
the form of equity financing from the sale of our common stock.  We will not be
using this prospectus in any subsequent unregistered offering and we will comply
with applicable integration rules as set forth in Rule 502(a) of Regulation D. 
However, we cannot provide investors with any assurance that we will be able to
raise sufficient funding from the sale of our common stock to fund additional
phases of the exploration program should we decide to proceed. We believe that
debt financing will not be an alternative for funding any further phases in our
exploration program. The risky nature of this enterprise and lack of tangible
assets places debt financing beyond the credit-worthiness required by most banks
or typical investors of corporate debt until such time as an economically viable
mine can be demonstrated. We do not have any arrangements in place for any
future equity financing.
Results of Operations for Period Ending
November 30, 2007
We did not
earn any revenues from inception on August 10, 2007 to November 30, 2007.  We do
not anticipate earning revenues until such time as we have entered into
commercial production of our mineral properties. We are presently in the
exploration stage of our business and we can provide no assurance that we will
discover commercially exploitable levels of mineral resources on our properties,
or if such resources are discovered, that we will enter into commercial
production of our mineral properties.
We incurred
operating expenses in the amount of $26,395 for the period from inception on
August 10, 2007 to November 30, 2007.  These operating expenses included: (a)
mineral property costs of $9,987; and (b) general and administrative expenses of
$16,408.  We anticipate our operating expenses will not change significantly as
we undertake our exploration program.
We incurred a
loss in the amount of $26,395 for the period from inception on August 10, 2007
to November 30, 2007. Our loss was attributable to general, administrative
expenses and mineral property expenses.
Liquidity and Capital Resources
We had cash of
$91,769 as of November 30, 2007.  We had working capital of $73,605 as of
November 30, 2007.
We have not
attained profitable operations and are dependent upon obtaining financing to
pursue exploration activities. For these reasons our auditors stated in their
report that they have substantial doubt we will be able to continue as a going
concern.
Description
of Property
Our only
property is in option to acquire a 100% interest in and to three mineral claims
covering 1,132.97 hectares (2,799.63 acres) known as the Chevron Property.  The
Chevron Claims are located in the Tatsamenie Lake area, 87 miles (140 km) south
of the town of Atlin Lake, in northern British Columbia.
We do not own
or lease any property other than our interest in the Chevron Claims.
Currently, we
are not paying any monthly rent for our office space located at 7445 132
nd
Street, Suite 2008, Surrey, British Columbia.  This space is donated by Mr.
Mal Bains, our sole executive officer and director.
Available Information
We are filing
a registration statement on Form S-1 with the United States Securities and
Exchange Commission, under the Securities Act of 1933, covering the securities
in this offering.  As permitted by rules and regulations of the Commission, this
prospectus does not contain all of the information in the registration
statement.  For further information regarding both Sungro Minerals Inc. and the
securities in this offering, we refer you to the registration statement,
including all exhibits and schedules.  As of the
33
effective date
of this prospectus, we will have to comply with the information requirements of
the Securities Exchange Act of 1934. Upon effectiveness of the Form S-1
registration statement, we will be required to file reports with the SEC under
section 15(d) of the Securities Act.  The reports we will be required to file
are Forms 10-K, 10-Q and 8-K. These materials will be available for inspection
and copying at the public reference facilities maintained by the Commission at
Room 100 F Street, NE Washington, DC 20549.  Copies of the material may be
obtained from the public reference section, at prescribed rates.  Please call
the Commission at 1-800-SEC-0330.  The Commission maintains an Internet Web site
located at http://www.sec.gov that contains reports, proxy and information
statements and other information regarding issuers that file reports
electronically with the Commission. The site is accessible by the public through
any Internet access service provider.  Our registration statement and the
referenced exhibits can also be found on this site.
34
SUNGRO MINERALS INC.
INDEX
TO FINANCIAL STATEMENTS
Auditor's Report
37
Balance Sheet
38
Statement of Changes in Stockholders' Equity
39
Statement of Operations
40
Statement of Cash Flows
41
Notes to Financial Statements
42
35
Sungro Minerals Inc.
(An Exploration Stage Company)
Financial Statements
November 30, 2007
(Presented In US Dollars)
36
CHARTERED
ACCOUNTANTS
MacKay LLP
1100 -
		1177 West Hastings Street
Vancouver, BC V6E 4T5
Tel: 604-687-4511
Fax: 604-687-5805
Toll Free: 1-800-351-0426
www.MacKayLLP.ca
Report of Independent Registered Public Accounting Firm
To the Shareholders of
Sungro Minerals Inc.
(an Exploration Stage Enterprise)
Vancouver, Canada
We have
audited the balance sheet of Sungro Minerals Inc. (an Exploration Stage
Enterprise) as at November 30, 2007 and the statement of operations and deficit,
stockholders' equity, and cash flows for the period from incorporation on August
10, 2007 to November 30, 2007.  These financial statements are the
responsibility of the Company's management.  Our responsibility is to express an
opinion on these financial statements based on our audit.
We conducted
our audit in accordance with the standards of the Public Company Accounting
Oversight Board (United States).  Those standards require that we plan and
perform an audit to obtain reasonable assurance whether the financial statements
are free of material misstatements.  The Company has determined that it is not
required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting.  Our audit included consideration of internal
control over financial reporting as a basis for designing audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Company's internal control over financial
reporting.  Accordingly, we express no such opinion.  An audit also includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation.  We believe that our audit provides a
reasonable basis for our opinion.
In our
opinion, these financial statements present fairly, in all material respects,
the financial position of the Company as at November 30, 2007 and the results of
its operations and its cash flows for the period from incorporation on August
10, 2007 to November 30, 2007 in conformity with U.S. generally accepted
accounting principles.
The
accompanying financial statements referred to above have been prepared assuming
that the Company will continue as a going concern.  As discussed in Note 1 to
financial statements, the Company is in the exploration stage, and has no
permanently established source of revenue and is dependent on its ability to
raise capital from shareholders or other sources to sustain operations.  These
factors, along with other matters as set forth in Note 1, raise substantial
doubt that the Company will be able to continue as a going concern.  The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.
Vancouver, Canada
January 28, 2008
"MacKay LLP"
Chartered Accountants
37
Sungro Minerals Inc.
(An Exploration Stage Company)
Balance Sheet
(Presented in US Dollars)
As at November 30, 2007
Assets
Current
Cash
$
91,769
Liabilities
Current
Accounts
		payable and accrued liabilities
$
18,164
Stockholders' Equity
Capital stock (Note 4)
Authorized:
75,000,000 common shares, par value $0.001 per share
Issued
		and outstanding:
9,750,000 common shares
9,750
Additional paid-in capital
90,250
Deficit accumulated during the
		exploration stage
(26,395)
73,605
$
91,769
Nature of operations and going
		concern (Note 1)
Approved by the sole director:
/s/ Mal
Bains
Director
See Accompanying Notes
38
Sungro Minerals Inc.
(An Exploration Stage Company)
Statement of Changes in Stockholders' Equity
(Presented in US Dollars)
For the Period from August 10,
		2007 (Inception) to November 30, 2007
Common stock
Deficit
Accumulated
Additional
During
Total
Number of
paid-in
Exploration
stockholders'
Shares
Amount
Capital
Stage
Equity
Issuance of common stock for
cash at
		$0.001 per share,
August 15, 2007
5,000,000
$
5,000
$
-
$
-
$
5,000
Issuance of common stock for
cash at
		$0.02 per share,
September 18, 2007
4,750,000
4,750
90,250
-
95,000
Net loss for the period
-
-
-
(26,395)
(26,395)
Balance, November 30, 2007
9,750,000
$
9,750
$
90,250
$
(26,395)
$
73,605
See Accompanying Notes
39
Sungro Minerals Inc.
(An Exploration Stage Company)
Statement of Operations
(Presented in US Dollars)
For the Period from August 10,
		2007 (Inception) to November 30, 2007
General and administrative expenses
Accounting and legal
$
16,180
Bank
		charges and interest
31
Foreign
		exchange loss
197
16,408
Mineral property expenses
Acquisition
2,438
Geological consulting
4,000
Travel
		and transportation
3,549
9,987
Net loss and comprehensive loss for
		the period
$
26,395
Basic and diluted loss per common
		share
$
(0.005)
Weighted average number of basic and
		diluted common shares outstanding
5,627,451
See Accompanying Notes
40
Sungro Minerals Inc.
(An Exploration Stage Company)
Statement of Cash Flows
(Presented in US Dollars)
For the Period from August 10,
		2007 (Inception) to November 30, 2007
Cash provided by (used in)
Operating activities
Net loss
$
(26,395)
Change
		in accounts payable and accrued liabilities
18,164
(8,231)
Financing activities
Issuance
		of common stock
100,000
Net change in cash - cash, end of
		period
$
91,769
Supplemental cash flow information
Interest
		paid
$
-
Income
		taxes paid
$
-
See Accompanying Notes
41
Sungro Minerals Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Presented in US dollars)
November 30, 2007
1.   Nature of Operations and
Going Concern
Sungro Minerals
Inc. (the "Company") was incorporated in the State of Nevada on August 10, 2007.
The Company is engaged in the exploration, development, and acquisition of
mineral properties.
The accompanying
financial statements have been prepared on the basis of accounting principles
applicable to a going concern; accordingly, they do not give effect to
adjustment that would be necessary should the Company be unable to continue as a
going concern and therefore be required to realize its assets and retire its
liabilities in other than the normal course of business and at amounts different
from those in the accompanying financial statements. Management plans to raise
cash from public or private debt or equity financing, on an as needed basis and
in the longer term, to generate revenues from the acquisition, exploration and
development of mineral interests, if found. The Company's ability to continue as
a going concern is dependent upon achieving profitable operations and/or upon
obtaining additional financing. The outcome of these matters cannot be predicted
at this time.
2.   Significant Accounting
Policies
a)   Exploration Stage Company
The Company is
considered to be in the exploration stage. The Company is devoting substantially
all of its present efforts to exploring and identifying mineral properties
suitable for development.
b)   Accounting Principles
The accounting
and reporting policies of the Company conform to United States generally
accepted accounting principles applicable to exploration stage enterprises.
c)   Mineral Property Exploration
The Company is in
the exploration stage and has not yet realized any revenue from its planned
operations. It is primarily engaged in the acquisition, exploration, and
development of mineral properties. Mineral property acquisition and exploration
costs are expensed as incurred.  When it has been determined that a mineral
property can be economically developed as a result of establishing proven and
probable reserves, the costs incurred to develop such property are capitalized.
Such costs will be depreciated using the units-of-production method over the
estimated life of the probable reserve.
d)   Asset Retirement Obligations
The Company accounts for asset retirement obligations in
accordance with SFAS 143. This standard requires recognition of legal
obligations associated with the retirement of long-lived assets that result from
the acquisition, construction, development and the normal operation of a
long-lived asset. Such asset retirement cost must be recognized at fair value,
when a reasonable estimate of fair value can be made, in the period in which it
is incurred, added to the carrying value of the asset and amortized into income
on a systematic basis over its useful life.
As at November
30, 2007 the Company does not have any asset retirement obligations.
42
Sungro Minerals Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Presented in US dollars)
November 30, 2007
2.   Significant Accounting
Policies
(continued
)
e)   Foreign Currency Translation
The Company's
functional and reporting currency is the U.S. Dollar. All transactions initiated
in foreign currencies are translated into U.S. dollars in accordance with SFAS
No. 52 "Foreign Currency Translation" as follows:
i)    monetary assets and liabilities at the rate of exchange in effect at the
balance sheet date;
ii)   
non-monetary assets at historical rates; and
iii)  
revenue and expense items at the average rate of exchange prevailing during the
period.
Gains and losses
from foreign currency transactions are included in the statement of operations.
f)    Basic and Diluted Loss Per Share
Basic loss per
share is computed by dividing the net loss by the weighted average number of
shares outstanding during the period. Diluted loss per share is the same as
basic loss per share, as there are no common stock equivalents at November 30,
2007.
g)   Financial Instruments
Fair value
estimates of financial instruments are made at a specific point in time, based
on relevant information about financial markets and specific financial
instruments. As these estimates are subjective in nature, involving
uncertainties and matters of significant judgment, they cannot be determined
with precision. Changes in assumptions can significantly affect estimated fair
values.
h)   Income Taxes
Income taxes are
provided for using the liability method of accounting. A deferred tax asset or
liability is recorded for all temporary differences between financial and tax
reporting. Deferred income taxes and tax benefits are recognized for the future
tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases, and for tax loss and credit carry-forwards. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. The Company provides for deferred tax assets for the
estimated future tax effects attributable to temporary differences and
carry-forwards when realization is more likely than not.
i)    Cash and Cash Equivalents
For purposes of
the statement of cash flows, cash includes demand deposits, saving accounts and
money market accounts. The Company considers all highly liquid debt instruments
with maturities of three months or less when purchased to be cash equivalents.
43
Sungro Minerals Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Presented in US dollars)
November 30, 2007
2.   Significant Accounting
Policies
(continued)
j)    Revenue Recognition
The Company
recognizes revenue from the sale of products and services in accordance with
Securities and Exchange Commission Staff Accounting Bulletin No. 104 ("SAB
104"), "Revenue Recognition in Financial Statements."
As at November
30, 2007, the Company had no revenues to report.
k)   Estimates
The preparation
of financial statements in conformity with US generally accepted accounting
principles requires management to make estimates and assumptions that affect the
reported amount of assets and liabilities and disclosure of contingent
liabilities at the date of the financial statements, and the reported amounts of
revenues and expenditures during the reporting period. Actual results could
differ from those reported.
l)    Recent Accounting Pronouncements
In June 2006, the
Financial Accounting Standards Board ("FASB") issued Accounting for Uncertain
Tax Positions - an Interpretation of FASB Statement No. 109, FIN 48, which
prescribes a recognition and measurement model for uncertain tax positions taken
or expected to be taken in the Company's tax returns. FIN 48 provides guidance
on recognition, classification, presentation, and disclosure of unrecognized tax
benefits. The Company is required to adopt FIN 48 on November 1, 2007.
Management does not expect the adoption of this statement to have any impact on
the Company's financial statements.
In September
2006, the FASB issued SFAS 157, Fair Value Measurements, which defines fair
value, establishes a framework for measuring fair value, and expands fair value
disclosures. The standard does not require any new fair value measurements. This
standard is effective for fiscal years beginning after November 15, 2007.
Management is currently assessing the impact on the Company's financial
statements.
In February,
2007, the FASB issued Statement of Financial Accounting Standards No. 159, "The
Fair Value Option for Financial Assets and Financial Liabilities - Including an
amendment of FASB Statement No. 115" (hereinafter "SFAS No. 159"). This
statement permits entities to choose to measure many financial instruments and
certain other items at fair value. The objective is to improve financial
reporting by providing entities with the opportunity to mitigate volatility in
reported earnings caused by measuring related assets and liabilities differently
without having to apply complex hedge accounting provisions. This Statement is
expected to expand the use of fair value measurement, which is consistent with
the Board's long-term measurement objectives for accounting for financial
instruments. This statement is effective as of the beginning of an entity's
first fiscal year that begins after November 15, 2007, although earlier adoption
is permitted. Management has not determined the effect that adopting this
statement would have on the Company's financial condition or results of
operation.
44
Sungro Minerals Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Presented in US dollars)
November 30, 2007
3.   Mineral Property
On September 6,
2007, the Company entered into an agreement with an unrelated party to acquire a
100% interest in certain mineral claims located near Telegraph Creek in
northwestern British Columbia. To earn the 100% interest, the Company, at its
option, must make payments totaling Cdn$100,000 over a four year period, of
which Cdn$2,500 ($2,438) has been paid as of November 30, 2007. The vendor of
the mineral claims will retain a 2% net smelter return royalty ("NSR"). The
Company will have the right to purchase up to 50% of the NSR (representing a 1%
NSR) for Cdn$1,000,000 at any time.
4.   Capital Stock
a)   Authorized
The Company has
authorized 75,000,000 common shares with a par value of $0.001 per share.
b)   Share Issuances
During the period
ended November 30, 2007, the Company issued 5,000,000 common shares for gross
proceeds of $5,000 to the Company's president.
During the period
ended November 30, 2007, the Company issued 4,750,000 common shares for gross
proceeds of $95,000.
5.   Financial Instruments
The Company's
financial instruments consist of cash, accounts payable and accrued liabilities.
It is management's opinion that the Company is not exposed to significant
interest or credit risks arising from these financial instruments. Because of
the short maturity and capacity of prompt liquidation of such assets and
liabilities, the fair values of these financial instruments approximate their
carrying values.
The Company may
operate outside the United States of America and thus may have significant
exposure to foreign currency risk in the future due to the fluctuations between
the currency in which the Company operates and the U.S. dollar.
6.   Income Taxes
A reconciliation
of income taxes at statutory rates with the reported income taxes is as follows:
Loss before income taxes
$
(26,395)
Income tax recovery at statutory rate - 15%
3,959
Unrecognized benefit of operating losses
(3,959)
$
-
45
Sungro Minerals Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
(Presented in US dollars)
November 30, 2007
6.   Income Taxes
(continued)
The significant
components of the Company's future income tax assets are as follows:
Operating losses carried forward
$
3,959
Valuation allowance
(3,959)
$
-
At November 30,
2007 the Company has available net operating losses of approximately $26,000
which may be carried forward to apply against future taxable income. These
losses will expire in 2027. Future tax benefits of these losses have not been
recognized in these accounts because of uncertainty that they will be realized.
46
4,750,000 SHARES
OF SUNGRO MINERALS INC.
COMMON STOCK
PROSPECTUS
Date:
, 2008
All dealers
that effect transactions in our shares, whether or not participating in this
offering, may be required to deliver a prospectus.
We have not
authorized any dealer, salesperson or other person to provide any information or
make representation about Sungro Minerals Inc. except the information or
representation contained in this prospectus.  You should not rely on any
additional information or representation if made.
47
SUNGRO MINERALS INC.
Suite 2008, 7445 - 132
nd
Street
Surrey, British Columbia, Canada, V3W 5S8
Part II - Information Not
Required In Prospectus
Item
24.  Indemnification of Directors and Officers
Sections
78.7502 and 78.751 of the Nevada Revised Statutes provide for indemnification of
the Company's officers and directors in certain situations where they might
otherwise personally incur liability, judgments, penalties, fines and expenses
in connection with a proceeding or lawsuit to which they might become parties
because of their position with the Company. Sections 78.7502 and 78.791 provide
as follows:
Section
78.7502.   Discretionary and mandatory indemnification of officers, directors,
employees and agents: General provisions.
(1)        A corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative,
except an action by or in the right of the corporation, by reason of the fact
that he is or was a director, officer, employee or agent of the corporation, or
is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or
other enterprise, against expenses, including attorneys' fees, judgments, fines
and amounts paid in settlement actually and reasonably incurred by him in
connection with the action, suit or proceeding if he acted in good faith and in
a manner which he reasonably believed to be in or not opposed to the best
interests of the corporation, and, with respect to any criminal action or
proceeding, had no reasonable cause to believe his conduct was unlawful. The
termination of any action, suit or proceeding by judgment, order, settlement,
conviction or upon a plea of nolo contendere or its equivalent, does not, of
itself, create a presumption that the person did not act in good faith and in a
manner which he reasonably believed to be in or not opposed to the best
interests of the corporation, and that, with respect to any criminal action or
proceeding, he had reasonable cause to believe that his conduct was unlawful.
(2)        A corporation may indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or
suit by or in the right of the corporation to procure a judgment in its favor by
reason of the fact that he is or was a director, officer, employee or agent of
the corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise against expenses, including amounts paid in
settlement and attorneys' fees actually and reasonably incurred by him in
connection with the defense or settlement of the action or suit if he acted in
good faith and in a manner which he reasonably believed to be in or not opposed
to the best interests of the corporation. Indemnification may not be made for
any claim, issue or matter as to which such a person has been adjudged by a
court of competent jurisdiction, after exhaustion of all appeals therefrom, to
be liable to the corporation or for amounts paid in settlement to the
corporation, unless and only to the extent that the court in which the action or
suit was brought or other court of competent jurisdiction determines upon
application that in view of all the circumstances of the case, the person is
fairly and reasonably entitled to indemnity for such expenses as the court deems
proper.
(3)        To the extent that a director, officer, employee or agent of a
corporation has been successful on the merits or otherwise in defense of any
action, suit or proceeding referred to in subsections 1 and 2, or in defense of
any claim, issue or matter therein, the corporation shall indemnify him against
expenses, including attorneys' fees, actually and reasonably incurred by him in
connection with the defense.
48
Section
78.751  Authorization required for discretionary indemnification; advancement of
expenses; limitation on indemnification and advancement of expenses.
(1)        Any discretionary indemnification under NRS 78.7502 unless ordered by
a court or advanced pursuant to subsection 2, may be made by the corporation
only as authorized in the specific case upon a determination that
indemnification of the director, officer, employee or agent is proper in the
circumstances. The determination must be made:
(a)        By the stockholders;
(b)        By the board of directors by majority vote of a quorum
consisting of directors who were not parties to the action, suit or proceeding;
(c)        If a majority vote of a quorum consisting of directors who
were not parties to the action, suit or proceeding so orders, by independent
legal counsel in a written opinion; or
(d)        If a quorum consisting of directors who were not parties to
the action, suit or proceeding cannot be obtained, by independent legal counsel
in a written opinion.
(2)        The articles of incorporation, the bylaws or an agreement made by the
corporation may provide that the expenses of officers and directors incurred in
defending a civil or criminal action, suit or proceeding must be paid by the
corporation as they are incurred and in advance of the final disposition of the
action, suit or proceeding, upon receipt of an undertaking by or on behalf of
the director or officer to repay the amount if it is ultimately determined by a
court of competent jurisdiction that he is not entitled to be indemnified by the
corporation. The provisions of this subsection do not affect any rights to
advancement of expenses to which corporate personnel other than directors or
officers may be entitled under any contract or otherwise by law.
(3)        The indemnification and advancement of expenses authorized in or
ordered by a court pursuant to this section:
(a)        Does not exclude any other rights to which a person seeking
indemnification or advancement of expenses may be entitled under the articles of
incorporation or any bylaw, agreement, vote of stockholders or disinterested
directors or otherwise, for either an action in his official capacity or an
action in another capacity while holding his office, except that
indemnification, unless ordered by a court pursuant to NRS 78.7502 or for the
advancement of expenses made pursuant to subsection 2, may not be made to or on
behalf of any director or officer if a final adjudication establishes that his
acts or omissions involved intentional misconduct, fraud or a knowing violation
of the law and was material to the cause of action.
(b)        Continues for a person who has ceased to be a director,
officer, employee or agent and inures to the benefit of the heirs, executors and
administrators of such a person.
To the extent
that indemnification may be related to liability arising under the Securities
Act, the Securities and Exchange Commission takes the position that
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable.
Item 25. 
Other Expenses of Issuance and Distribution
The following
table sets forth all estimated costs and expenses, other than underwriting
discounts, commissions and expense allowances, payable by the issuer in
connection with the offering for the securities included in this registration
statement:
49
Amount
SEC Registration Fee
$
$19
Transfer Agent and Miscellaneous Fees
$
1,000
Accounting Fees and Expenses
$
13,500
Legal Fees and Expenses
$
41,300
Printing and Shipping Expenses
$
181
Total
$
56,000
All amounts
are estimates, other than the SEC's registration fee.
We are paying
all expenses of the offering listed above. No portion of these expenses will be
borne by the selling shareholders named in this prospectus. The selling
shareholders, however, will pay any other expenses incurred in selling their
common stock, including any brokerage commissions or costs of sale.
Item 26. 
Recent Sales of Unregistered Securities
We issued an
aggregate of 5,000,000 shares of common stock on August 15, 2007 to Mal Bains,
our president, at a price of $0.001 per share. We received $5,000 from this
offering. These shares were issued pursuant to Section 4(2) of the Securities
Act of 1933 and are restricted shares as defined in the Securities Act.  Mr.
Bains is an officer and director of the Company.  The securities sold were
acquired for investment purposes only and without a view to distribution.  At
the time the shares were purchased, Mr. Bains was fully informed and advised
about matters concerning the Company, including its business, financial affairs
and other matters.  The purchaser acquired the securities for his own account.
On September
18, 2007, we issued 4,750,000 shares of common stock to 40 purchasers at $0.02
per share pursuant to Regulation S of the Securities Act.  The purchasers
represented to us that they were non-US persons, as defined in Regulation S, and
that their intentions to acquire the securities was for investment only and not
with a view toward distribution.  We did not engage in a distribution of this
offering in the United States and no general solicitation was made to the public
and no advertising was conducted for the offering.
Item 27. 
Exhibits Index
No.
Exhibit Name
3.1
Articles
		of Incorporation
3.2
Bylaws
4.1
Specimen
		Stock Certificate
5.1
Opinion of
		Counsel
10.1
Property
		Option Agreement dated September 1, 2007 between Mr. Carl von Einsiedel
		and Sungro Minerals Inc., whereby Sungro has an option to acquire a 100%
		interest in and to the Chevron Property
50
No.
Exhibit Name
10.2
Amendment
		to Property Option Agreement dated October 15, 2007 between Mr. Carl von
		Einsiedel and Sungro
10.3
Geologist
		Consulting Agreement dated September 6, 2007 between Foremost Geological
		Consulting and Sungro
14
Code of
		Ethics
23.1
Consent of
		MacKay LLP, Chartered Accountant
23.2
Consent of
		Counsel (included in 5.1)
23.3
Consent of
		Ian Foremost, P. Geo., Geologist
All other Exhibits called for by
Rule 601 of Regulation S-K are not applicable to this filing.  Information
pertaining to our common stock is contained in our Articles of Incorporation and
Bylaws.
Item
28.  Undertakings
The undersigned registrant hereby
undertakes to:
(1) File, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement to:
(i)   Include any prospectus required by Section 10(a)(3) of the Securities Act
of 1933, as amended (the "Securities Act");
(ii)  Reflect in the prospectus any facts or events which, individually or
together, represent a fundamental change in the information in the registration
statement. Notwithstanding the foregoing, any increase or decrease in volume of
securities offered (if the total dollar value of the securities offered would
not exceed that which was registered) and any deviation from the low or high end
of the estimated maximum offering range may be reflected in the form of a
prospectus filed with the Commission pursuant to Rule 424(b) under the
Securities Act if, in the aggregate, the changes in volume and price represent
no more than a 20% change in the maximum aggregate offering price set forth in
the "Calculation of Registration Fee" table in the effective registration
statement, and
(iii) Include any additional or changed material information on the plan of
distribution.
(2)  For determining liability under the Securities Act, treat each
post-effective amendment as a new registration statement of the securities
offered, and the offering of the securities at that time to be the initial bona
fide offering.
(3)  File a post-effective amendment to remove from registration any of
the securities that remain unsold at the end of the offering.
(4)  For determining liability of the undersigned small business issuer
under the Securities Act to any purchaser in the initial distribution of the
securities, the undersigned undertakes that in a primary offering of securities
of the undersigned small business issuer pursuant to this registration
statement, regardless of the underwriting method used to sell the securities to
the purchaser, if the securities are offered or sold to such purchaser by means
of any of the following communications, the undersigned
51
small business
issuer will be a seller to the purchaser and will be considered to offer or sell
such securities to such purchaser:
(i)  Any preliminary prospectus or prospectus of the undersigned small business
issuer relating to the offering required to be filed pursuant to Rule 424;
(ii)   Any free writing prospectus relating to the offering prepared by or on
behalf of the undersigned small business issuer or used or referred to by the
undersigned small business issuer;
(iii) The portion of any other free writing prospectus relating to the offering
containing material information about the undersigned small business issuer or
its securities provided by or on behalf of the undersigned small business
issuer; and
(iv) Any other communication that is an offer in the offering made by the
undersigned small business issuer to the purchaser.
Signatures
In accordance
with the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all the requirements of
filing on Form S-1 and authorized this registration statement to be signed on
its behalf by the undersigned, in the City of Vancouver, British Columbia,
Canada on February 22, 2008.
SUNGRO
		MINERALS INC.
Date:  February 22, 2008
By:
/s/ Mal Bains
Mal Bains
President, Secretary and Treasury
(Principal Executive Officer)
In accordance
with the requirements of the Securities Act of 1933, this registration statement
was signed by the following persons in the capacities and on the dates stated.
Signatures
Title
Date
/s/ Mal Bains
Mal Bains
President, Secretary, Treasurer and Director
(Principal Executive Officer and Principal Financial Officer)
February 22, 2008
52