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<TITLE>Keystone Mines Limited 8-K for the Period of March 7, 2003</TITLE>
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<B>
<P>==================================================================================</P>

<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</P>
</B>
<B><P ALIGN="CENTER">FORM 8-K</P></B>

<B><P ALIGN="CENTER">CURRENT REPORT<br>
</B>Pursuant to Section 13 or 15(d) of the<br>
Securities Exchange Act of 1934</P>

<P ALIGN="CENTER">Date of Report<br>
<B>March 7, 2003</P>


<P ALIGN="CENTER">KEYSTONE MINES LIMITED<br>
</B>(Exact name of registrant as specified in its charter)</P>

<B><P ALIGN="CENTER">NEVADA <br>
</B>(State or other jurisdiction of incorporation)</P>
</FONT>

<P ALIGN="CENTER"><CENTER><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=680>
<TR><TD WIDTH="49%" VALIGN="TOP" HEIGHT=26>

<B><P ALIGN="CENTER">000-33199</B></FONT></TD>
<TD WIDTH="51%" VALIGN="TOP" HEIGHT=26>

<B><P ALIGN="CENTER">88-0467848</B></FONT></TD>
</TR>
<TR><TD WIDTH="49%" VALIGN="TOP" HEIGHT=28>

<P ALIGN="CENTER">(Commission File No.)</FONT></TD>
<TD WIDTH="51%" VALIGN="TOP" HEIGHT=28>

<P ALIGN="CENTER">(IRS Employer ID)</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<B>

<P ALIGN="CENTER">4710, St-Ambroise<br>
Suite 224A<br>
Montreal, Quebec<br>
Canada H4C 2C7<br>
</B>(Address of principal executive offices and Zip Code)</P>
<B>
<P ALIGN="CENTER">(514) 337-2447<br>
</B>(Registrant's telephone number, including area code)</P>

<P>==================================================================================</P>
<page>
<hr>

<B><P>ITEM 5.  OTHER INFORMATION</P>

</B><P>On February, 2003, the Company and Capex Investments entered into an agreement to extend the due date of the Company's promissory note issued January 7, 2003 in the amount of $500,000 from February 28, 2003 to May 31, 2003 or to the date of the closing of a private placement by the Company, which ever occurs first.</P>

<B><P>ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS</P>
</B></FONT>
<P ALIGN="CENTER"><CENTER><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=680>
<TR><TD WIDTH="26%" VALIGN="TOP">
<B>
<P>Exhibit No.<hr></B></FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">

<B><P>Description<hr></B></FONT></TD>
</TR>
<TR><TD WIDTH="26%" VALIGN="TOP">

</FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">

</FONT></TD>
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<TR><TD WIDTH="26%" VALIGN="TOP">

<P>10.1 </FONT></TD>
<TD WIDTH="74%" VALIGN="TOP">

<P>Agreement to extend payment of promissory note.</FONT></TD>
</TR>
</TABLE>
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<p>&nbsp;</p>
<B><P ALIGN="CENTER">SIGNATURE</P>
</B><P>Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P>Dated this 7<SUP>th</SUP> day of February 2003.</P>
</FONT>
<P ALIGN="CENTER"><CENTER><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 WIDTH=680>
<TR><TD WIDTH="39%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="61%" VALIGN="TOP" COLSPAN=2>

<B><P>KEYSTONE MINES LIMITED</B></FONT></TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="54%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP">

<P>BY:</FONT></TD>
<TD WIDTH="54%" VALIGN="TOP">

<P>/s/ Stephane Solis<br>
Stephane Solis, President and Chief Executive Officer</FONT></TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
<TD WIDTH="54%" VALIGN="TOP">

<P>&nbsp;</FONT></TD>
</TR>
</TABLE>
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{"company-data": {"conformed-name": "KEYSTONE MINES LTD", "cik": "0001125051", "assigned-sic": "4813", "irs-number": "880467848", "state-of-incorporation": "NV"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-33199", "film-number": "03596456"}, "business-address": {"street1": "4710 ST-AMROISE", "street2": "SUITE 224A", "city": "MONTREAL", "state": "A8", "zip": "H4C 2C7", "phone": "(514) 337-2447"}, "mail-address": {"street1": "4710 ST-AMROISE", "street2": "SUITE 224A", "city": "MONTREAL", "state": "A8", "zip": "H4C 2C7"}}
Keystone Mines Limited 8-K for the Period of March 7, 2003
==================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report
March 7, 2003
KEYSTONE MINES LIMITED
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
000-33199
88-0467848
(Commission File No.)
(IRS Employer ID)
4710, St-Ambroise
Suite 224A
Montreal, Quebec
Canada H4C 2C7
(Address of principal executive offices and Zip Code)
(514) 337-2447
(Registrant's telephone number, including area code)
==================================================================================
ITEM 5.  OTHER INFORMATION
On February, 2003, the Company and Capex Investments entered into an agreement to extend the due date of the Company's promissory note issued January 7, 2003 in the amount of $500,000 from February 28, 2003 to May 31, 2003 or to the date of the closing of a private placement by the Company, which ever occurs first.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No.
Description
10.1
Agreement to extend payment of promissory note.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated this 7
th
day of February 2003.
KEYSTONE MINES LIMITED
BY:
/s/ Stephane Solis
Stephane Solis, President and Chief Executive Officer