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<P align=center><B><FONT size=2>UNITED STATES</FONT></B><BR><B><FONT
size=2>SECURITIES AND EXCHANGE COMMISSION</FONT></B><BR><B><FONT
size=2>WASHINGTON, D.C. 20549</FONT></B><BR></P>
<P align=center><B><FONT size=2>FORM S-1</FONT></B></P>
<P align=center><B><FONT size=2>REGISTRATION STATEMENT UNDER THE SECURITIES ACT
OF 1933</FONT></B></P>
<P align=center><B><FONT size=2>ATLANTIC RESOURCES INC.</FONT></B></P>
<P align=center><FONT size=2>---------------------------</FONT></P>
<P align=center><FONT size=2>(Exact name of registrant as specified in its
charter)</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR vAlign=top>
    <TD align=center >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="30%"
    ><B><FONT size=2>NEVADA</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="30%"
    ><B><FONT size=2>1000</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="30%"
    ><B><FONT size=2>Pending</FONT></B> </TD>
    <TD align=center width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=center >&nbsp;</TD>
    <TD align=center width="30%" ><FONT size=2>State or
      jurisdiction of</FONT> </TD>
    <TD align=center width="30%" ><FONT size=2>Primary Standard
      Industrial</FONT> </TD>
    <TD align=center width="30%" ><FONT size=2>I.R.S. Employer
      Identification</FONT> </TD>
    <TD align=center width="5%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=center >&nbsp;</TD>
    <TD align=center width="30%" ><FONT size=2>incorporation or
      organization</FONT> </TD>
    <TD align=center width="30%" ><FONT size=2>Classification
      Code Number</FONT> </TD>
    <TD align=center width="30%" ><FONT size=2>Number</FONT> </TD>
    <TD align=center width="5%"
  >&nbsp;</TD></TR></TABLE>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2>Atlantic Resources
Inc. <BR>#606 - 610 Granville St. <BR>Vancouver, B.C. V6C 3T3 <BR>Telephone:
604-568-0059 <BR>Facsimile: 604-568-0061
<BR>--------------------------------------------------------------<BR>(Address
and telephone number of principal executive offices)</FONT></P>
<P align=center><FONT size=2>Corp 95<BR></FONT><FONT size=2>2620 Regatta Dr.
Suite 102 <BR>Las Vegas, Nevada, 89128 <BR>Telephone: 949-487-2436
<BR>Facsimile: 949-218-4176
<BR>--------------------------------------------------------------<BR>(Name,
address and telephone number of agent for service)</FONT></P>
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  <TR vAlign=top>
    <TD align=left><FONT size=2>Approximate date of</FONT> </TD>
    <TD align=left width="50%"><FONT size=2>as soon as practicable after the
      effective date of</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>this proposed sale to the public:</FONT> </TD>
    <TD align=left width="50%"><FONT size=2>Registration Statement.</FONT>
  </TD></TR></TABLE>
<P align=left><FONT size=2>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>
<P align=left><FONT size=2>If this Form is filed to register additional
securities for an offering pursuant to Rule 462(b) under the Securities Act,
please check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same
offering. |&nbsp;&nbsp; |</FONT></P>
<P align=left><FONT size=2>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. |&nbsp; &nbsp;|</FONT></P>
<P align=left><FONT size=2>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. |&nbsp;&nbsp; |</FONT></P>
<P align=left><FONT size=2>Indicate by check mark whether the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, or a
small reporting company. See definitions of &#147;large accelerated filer,&#148;
&#147;accelerated filer,&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the
Exchange Act (Check one):</FONT></P>
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cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" ><FONT size=2>Large accelerated
      filer</FONT> </TD>
    <TD align=left width="10%" ><FONT size=2>|&nbsp;&nbsp;
      |</FONT> </TD>
    <TD align=left width="30%" ><FONT size=2>Accelerated
      filer</FONT> </TD>
    <TD align=left width="10%" ><FONT size=2>|&nbsp;
      &nbsp;|</FONT> </TD>
    <TD align=left width="10%"  >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" ><FONT size=2>Non-accelerated
      filer</FONT> </TD>
    <TD align=left width="10%" ><FONT size=2>|&nbsp;&nbsp;
      |</FONT> </TD>
    <TD align=left width="30%" ><FONT size=2>Smaller reporting
      company</FONT> </TD>
    <TD align=left width="10%" ><FONT size=2>| X |</FONT> </TD>
    <TD align=left width="10%"
>&nbsp;</TD></TR></TABLE><BR>
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  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      colSpan=5>&nbsp;<B><FONT size=2>CALCULATION OF REGISTRATION
      FEE</FONT></B>&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="20%">&nbsp; </TD>
    <TD width="20%">&nbsp; </TD>
    <TD width="20%">&nbsp; </TD>
    <TD width="20%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left><B><FONT size=2>TITLE OF EACH</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>AMOUNT TO BE</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>PROPOSED</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>PROPOSED</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>AMOUNT OF</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left><B><FONT size=2>CLASS OF</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>REGISTERED</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>MAXIUM</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>MAXIMUM</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>REGISTRATION</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left><B><FONT size=2>SECURITIES TO</FONT></B> </TD>
    <TD align=left width="20%">&nbsp; </TD>
    <TD align=left width="20%"><B><FONT size=2>OFFERING</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>AGGREGATE</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>FEE (2)</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left><B><FONT size=2>BE REGISTERED</FONT></B> </TD>
    <TD align=left width="20%">&nbsp; </TD>
    <TD align=left width="20%"><B><FONT size=2>PRICE PER</FONT></B> </TD>
    <TD align=left width="20%"><B><FONT size=2>OFFERING</FONT></B> </TD>
    <TD align=left width="20%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="20%">&nbsp;
    </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="20%"><B><FONT size=2>SHARE (1)</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="20%"><B><FONT size=2>PRICE (2)</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="20%">&nbsp;
    </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD align=center width="20%">&nbsp; </TD>
    <TD align=center width="20%">&nbsp; </TD>
    <TD align=center width="20%">&nbsp; </TD>
    <TD align=center width="20%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      bgColor=#eeeeee><FONT size=2>Common Stock</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="20%"
    bgColor=#eeeeee><FONT size=2>$85,000</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="20%"
    bgColor=#eeeeee><FONT size=2>$0.05</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="20%"
    bgColor=#eeeeee><FONT size=2>$85,000</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="20%"
    bgColor=#eeeeee><FONT size=2>$9.10</FONT></TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(1)</FONT> </TD>
    <TD><FONT size=2>Based on the last sales price on April 26, 2007.</FONT>
    </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(2)</FONT> </TD>
    <TD><FONT size=2>Estimated solely for the purpose of calculating the
      registration fee in accordance with Rule 457 under the Securities
      Act.</FONT> </TD></TR></TABLE>
<P align=left><B><FONT size=2>The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date
until the registrant 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 Section 8(a), may determine.</FONT></B></P>
<P align=center><B><FONT size=2>SUBJECT TO COMPLETION, Dated February 19,
2007</FONT></B></P>
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<P align=center><B><FONT size=2>PROSPECTUS<BR>
ATLANTIC RESOURCES
INC.<BR>
</FONT></B><B><FONT size=2>1,700,000 SHARES<BR>
COMMON
STOCK</FONT></B></P>
<P align=center><FONT size=2>----------------</FONT></P>
<P align=left><FONT size=2>The selling shareholders named in this prospectus are
offering all of the shares of common stock offered through this
prospectus.</FONT></P>
<P align=left><FONT size=2>Our common stock is presently not traded on any
market or securities exchange. </FONT></P>
<P align=center><FONT size=2>----------------</FONT></P>
<P align=left><B><FONT size=2>The purchase of the securities offered through
this prospectus involves a high degree of risk. See Section Entitled &#147;Risk
Factors&#148; on pages 6-8.</FONT></B></P>
<P align=left><B><FONT size=2>The information in this prospectus is not complete
and may be changed. We may not sell these securities until the registration
statement filed with the Securities and Exchange Commission is effective. This
prospectus is not an offer to sell these securities and it is not soliciting an
offer to buy these securities in any state where the offer or sale is not
permitted</FONT></B><FONT size=2>.</FONT></P>
<P align=left><FONT size=2>The selling shareholders will sell our shares at
$0.05 per share until our shares are quoted on the OTC Bulletin Board, and
thereafter at prevailing market prices or privately negotiated prices. We cannot
ensure that our shares will be quoted on the OTC Bulletin Board.</FONT></P>
<P align=left><B><FONT size=2>Neither the Securities and Exchange Commission nor
any state securities commission has approved or disapproved of these securities
or passed upon the adequacy or accuracy of this prospectus. Any representation
to the contrary is a criminal offense.</FONT></B></P>
<P align=center><B><FONT size=2>----------------</FONT></B><BR></P>
<P align=center><B><FONT size=2>The Date Of This Prospectus Is: February 19,
2007</FONT></B></P>
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<P align=center><B><FONT size=2>Table Of Contents</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>&nbsp;<A
      href="#page_Page"></A></TD>
    <TD align=center width="15%"><A
      href="#page_Page"><FONT
      size=2>Page</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_5"><FONT
      size=2>Summary</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_5"><FONT
      size=2>5</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_6"><FONT
      size=2>Risk Factors</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_6"><FONT
      size=2>6</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_6"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -1</FONT>&nbsp;&nbsp;&nbsp; <FONT size=2>If we
      do not obtain additional financing, our business will fail</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_6"><FONT
      size=2>6</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_6"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -2</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Because we have not commenced business operations, we face a high
      risk of business failure</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_6"><FONT
      size=2>6</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_7"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -3</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Because of the speculative nature of exploration of mining
      properties, there is substantial risk</FONT> <FONT size=2>that our
      business will fail</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_7"><FONT
      size=2>7</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_7"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -4&nbsp;&nbsp;&nbsp;</FONT> <FONT size=2>Because
      our continuation as a going concern is in doubt, we will be forced to
      cease business</FONT> <FONT size=2>operations unless we can generate
      profit in the future.</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_7"><FONT
      size=2>7</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_7"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -5</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Because of the inherent dangers involved in mineral exploration,
      there is a risk that we may</FONT> <FONT size=2>incur liability or
      damages, which could hurt our financial position and possibly result in
      the failure of</FONT> <FONT size=2>our business.</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_7"><FONT
      size=2>7</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_7"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -6</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Even if we discover commercial reserves of precious metals on the
      Victoria Vein Mining claim,</FONT> <FONT size=2>we may not be able to
      successfully obtain commercial production</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_7"><FONT
      size=2>7</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_8"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -8</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Because our directors have other business interests, they may not
      be able or willing to devote</FONT> <FONT size=2>a sufficient amount of
      time to our business operations, causing our business to fail</FONT>
    </A></TD>
    <TD align=center width="15%"><A
      href="#page_8"><FONT
      size=2>8</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_8"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -9</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>Because our directors have no technical experience in mineral
      exploration, our business has a</FONT> <FONT size=2>high risk of
      failure</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_8"><FONT
      size=2>8</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_8"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -10</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT
      size=2>If a market for our common stock does not develop, shareholders may
      be unable to sell their</FONT> <FONT size=2>shares and will incur losses
      as a result</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_8"><FONT
      size=2>8</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_8"><FONT
      size=2>&nbsp;&nbsp;&nbsp; -11</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2>A
      purchaser is purchasing penny stock which limits the ability to sell
      stock</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_8"><FONT
      size=2>8</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_8"><FONT
      size=2>Use of Proceeds</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_8"><FONT
      size=2>8</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_9"><FONT
      size=2>Determination of Offering Price</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_9"><FONT
      size=2>9</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_9"><FONT
      size=2>Dilution</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_9"><FONT
      size=2>9</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_9"><FONT
      size=2>Selling Securityholders</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_9"><FONT
      size=2>9</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_11"><FONT
      size=2>Plan of Distribution</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_11"><FONT
      size=2>11</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_13"><FONT
      size=2>Legal Proceedings</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_13"><FONT
      size=2>13</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_13"><FONT
      size=2>Directors, Executive Officers, Promoters and Control Persons</FONT>
      </A></TD>
    <TD align=center width="15%"><A
      href="#page_13"><FONT
      size=2>13</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_14"><FONT
      size=2>Security Ownership of Certain Beneficial Owners and
      Management</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_14"><FONT
      size=2>14</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_15"><FONT
      size=2>Description of Securities</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_15"><FONT
      size=2>15</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_16"><FONT
      size=2>Interest of Named Experts and Counsel</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_16"><FONT
      size=2>16</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_16"><FONT
      size=2>Disclosure of Commission Position of Indemnification for Securities
      Act Liabilities</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_16"><FONT
      size=2>16</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_16"><FONT
      size=2>Organization Within Last Five Years</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_16"><FONT
      size=2>16</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_16"><FONT
      size=2>Description of Business</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_16"><FONT
      size=2>16</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_19"><FONT
      size=2>Compliance with Government Regulation</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_19"><FONT
      size=2>19</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_21"><FONT
      size=2>Plan of Operations</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_21"><FONT
      size=2>21</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_22"><FONT
      size=2>Description of Property</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_22"><FONT
      size=2>22</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_22"><FONT
      size=2>Certain Relationships and Related Transactions</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_22"><FONT
      size=2>22</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_22"><FONT
      size=2>Market for Common Equity and Related Stockholder Matters</FONT>
    </A></TD>
    <TD align=center width="15%"><A
      href="#page_22"><FONT
      size=2>22</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_23"><FONT
      size=2>Executive Compensation</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_23"><FONT
      size=2>23</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_20"><FONT
      size=2>Financial Statements</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_20"><FONT
      size=2>23</FONT> </A></TD></TR>
  <TR vAlign=top>
    <TD align=left><A
      href="#page_25"><FONT
      size=2>Changes in and Disagreements with Accountants on Accounting and
      Financial Disclosure</FONT> </A></TD>
    <TD align=center width="15%"><A
      href="#page_25"><FONT
      size=2>25</FONT> </A></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
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<P align=center><B><FONT size=2>Summary</FONT></B></P>
<P align=left><B><FONT size=2>Prospective investors are urged to read this
prospectus in its entirety.</FONT></B></P>
<P align=left><FONT size=2>We intend to be in the business of mineral property
exploration. To date, we have not conducted any exploration on our sole
exploration target, the Victoria Vein Mining claim, which is located about 8
kilometers northwest of the north end of Tatlayoko Lake, approximately 250
kilometers west of Williams Lake, British Columbia, Canada. We acquired the
property from 1698727 Ontario Inc. for $7,500.</FONT></P>
<P align=left><FONT size=2>Our objective is to conduct mineral exploration
activities on the Victoria Vein Mining claim in order to assess whether it
possesses economic reserves of gold. We have not yet identified any economic
mineralization on the Victoria Vein Mining claim. Our proposed exploration
program is designed to search for an economic mineral deposit.</FONT></P>
<P align=left><FONT size=2>We were incorporated on February 9, 2007, under the
laws of the state of Nevada. Our principal offices are located at # 606-610
Granville St., Vancouver, British Columbia Canada V6C 3T3. Our telephone number
is (604) 568-0059.</FONT></P>
<P align=left><B><FONT size=2>The Offering</FONT></B><FONT size=2>:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Securities Being
      Offered</FONT></B> </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT size=2>Up
      to 1,700,000 shares of common stock.</FONT> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="75%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Offering Price</FONT></B>
    </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT size=2>The
      selling shareholders will sell our shares at $0.05 per share until</FONT>
      <FONT size=2>our shares are quoted on the OTC Bulletin Board, and
      thereafter at</FONT> <FONT size=2>prevailing market prices or privately
      negotiated prices. We cannot</FONT> <FONT size=2>ensure that our shares
      will be quoted on the OTC Bulletin Board.</FONT> <FONT size=2>We
      determined this offering price based upon the price of the last</FONT>
      <FONT size=2>sale of our common stock to investors.</FONT> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="75%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Terms of the
      Offering</FONT></B> </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT size=2>The
      selling shareholders will determine when and how they will sell</FONT>
      <FONT size=2>the common stock offered in this prospectus.</FONT> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="75%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Termination of the
      Offering</FONT></B> </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT size=2>The
      offering will conclude when all of the 1,700,000 shares of</FONT> <FONT
      size=2>common stock have been sold, the shares no longer need to be</FONT>
      <FONT size=2>registered to be sold or we decide to terminate the
      registration of the</FONT> <FONT size=2>shares.</FONT> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="75%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Securities Issued and to
      be</FONT></B> <B><FONT size=2>Issued</FONT></B> </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT
      size=2>4,700,000 shares of our common stock are issued and
      outstanding</FONT> <FONT size=2>as of the date of this prospectus. All of
      the common stock to be sold</FONT> <FONT size=2>under this prospectus will
      be sold by existing shareholders.</FONT> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="75%" >&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><B><FONT size=2>Use of Proceeds</FONT></B>
    </TD>
    <TD align=left width="5%"  bgColor=#eeeeee
    >&nbsp;</TD>
    <TD align=left width="75%" bgColor=#eeeeee ><FONT size=2>We
      will not receive any proceeds from the sale of the common stock</FONT>
      <FONT size=2>by the selling shareholders.</FONT> </TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
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<P align=left><B><FONT size=2>Summary Financial Information</FONT></B></P>
<P align=left><B><FONT size=2>Balance Sheet</FONT></B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="50%" border=0>

  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=right width="14%" ><B><FONT size=2>July 31,
      2007</FONT></B> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=right width="14%" ><B><FONT size=2>October 31,
      2007</FONT></B> </TD>
    <TD align=left width="1%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=right width="14%" ><B><FONT
      size=2>(audited)</FONT></B> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=right width="14%" ><B><FONT
      size=2>(unaudited)</FONT></B> </TD>
    <TD align=left width="1%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Cash</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff><FONT
      size=2>$</FONT></TD>
    <TD align=right width="14%" bgColor=#e6efff ><FONT
      size=2>21,641</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="14%" bgColor=#e6efff >&nbsp; </TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Total Assets</FONT> </TD>
    <TD align=left width="1%" ><FONT size=2>$</FONT></TD>
    <TD align=right width="14%" ><FONT size=2>21,641</FONT> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="14%" >&nbsp; </TD>
    <TD align=left width="1%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Liabilities</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff><FONT
      size=2>$</FONT></TD>
    <TD align=right width="14%" bgColor=#e6efff ><FONT
      size=2>&nbsp;1,500</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="14%" bgColor=#e6efff >&nbsp; </TD>
    <TD align=left width="1%"  bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Total Stockholders&#146; Equity</FONT> </TD>
    <TD align=left width="1%" ><FONT size=2>$</FONT></TD>
    <TD align=right width="14%" ><FONT size=2>20,141</FONT> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="14%" >&nbsp; </TD>
    <TD align=left width="1%" >&nbsp;</TD></TR></TABLE></DIV>
<P align=left><B><FONT size=2>Statement of Operations</FONT></B></P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="60%" border=0>

  <TR vAlign=top>
    <TD align=left><FONT size=2>From Incorporation on</FONT> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="15%" >&nbsp; </TD>
    <TD align=left width="2%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>February 9, 2007 to October 31, 2007</FONT>
</TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="15%" >&nbsp; </TD>
    <TD align=left width="2%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>(unaudited)</FONT> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=left width="15%" >&nbsp; </TD>
    <TD align=left width="2%" >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="1%" >&nbsp;</TD>
    <TD width="15%" >&nbsp; </TD>
    <TD width="2%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Revenue</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff><FONT
      size=2>$</FONT></TD>
    <TD align=right width="15%" bgColor=#e6efff ><FONT
      size=2>0</FONT> </TD>
    <TD align=left width="2%"  bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Net Loss and Deficit</FONT> </TD>
    <TD align=left width="1%" >&nbsp;</TD>
    <TD align=right width="15%" ><FONT size=2>($9,059</FONT></TD>
    <TD align=left width="2%" ><FONT size=2>)</FONT>
  </TD></TR></TABLE></DIV>
<P align=left><B><FONT size=2>Risk Factors</FONT></B></P>
<P align=left><FONT size=2>An investment in our common stock involves a high
degree of risk. The following is a discussion of all of the material risks
relating to the offering and our business. 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.
The trading price of our common stock could decline due to any of these risks,
and you may lose all or part of your investment.</FONT></P>
<P align=left><B><FONT size=2>If we do not obtain additional financing, our
business will fail.</FONT></B></P>
<P align=left><FONT size=2>Our current operating funds are less than necessary
to complete all intended exploration of the Vic Vein Mining claim, and therefore
we will need to obtain additional financing in order to complete our business
plan. We currently do not have any operations and we have no income. As well, we
will not receive any funds from this registration.</FONT></P>
<P align=left><FONT size=2>Our business plan calls for significant expenses in
connection with the exploration of the Vic Vein claim. While we have sufficient
funds to conduct initial exploration on the claim, we will need additional funds
to complete any additional recommended exploration. Even after completing
initial exploration, we will not know if we have a commercially viable mineral
deposit.</FONT></P>
<P align=left><FONT size=2>We will require additional financing to sustain our
business operations if we are not successful in earning revenues once
exploration is complete. We do not currently have any arrangements for financing
and may not be able to find such financing if required. </FONT></P>
<P align=left><B><FONT size=2>Because we have not commenced business operations,
we face a high risk of business failure.</FONT></B></P>
<P align=left><FONT size=2>We have not yet commenced exploration on the Vic Vein
Mining claim. Accordingly, we have no way to evaluate the likelihood that our
business will be successful. We were incorporated on February 9, 2007 and to
date have been involved primarily in organizational activities and the
acquisition of an interest in the Vic Vein claim. We have not earned any
revenues as of the date of this prospectus. Potential investors should be aware
of the difficulties normally encountered by new mineral exploration companies
and the high rate of failure of such enterprises. The likelihood of success must
be considered in light of the problems, expenses, difficulties, complications
and delays encountered in connection with the exploration of the mineral
properties that we plan to </FONT></P>
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<P align="left">
<FONT size=2>undertake. These potential problems include, but are not limited to, unanticipated problems relating to exploration, and additional costs and expenses that may exceed current estimates.</FONT></P>
<P align="left">
<FONT size=2>Prior to completion of our exploration stage, we anticipate that we will incur increased operating expenses without realizing any revenues. We therefore expect to incur significant losses into the foreseeable future. We recognize that
if we are unable to generate significant revenues from development of the Vic Vein Mining claim and the production of minerals from the claim, we will not be able to earn profits or continue operations.</FONT></P>
<P align="left">
<FONT size=2>There is no history upon which to base any assumption as to the likelihood that we will prove successful, and it is doubtful that we will generate any operating revenues or ever achieve profitable operations. If we are unsuccessful in
addressing these risks, our business will most likely fail.</FONT></P>
<P align="left">
<B><FONT size=2>Because of the speculative nature of exploration of mining properties, there is a substantial risk that our business will fail.</FONT></B></P>
<P align="left">
<FONT size=2>The search for valuable minerals as a business is extremely risky. The likelihood of our mineral claim containing economic mineralization or reserves of gold is extremely remote. Exploration for minerals is a speculative venture
necessarily involving substantial risk. In all probability, the Vic Vein claim does not contain any reserves and funds that we spend on exploration will be lost. As well, problems such as unusual or unexpected formations and other conditions are
involved in mineral exploration and often result in unsuccessful exploration efforts. In such a case, we would be unable to complete our business plan.</FONT></P>
<P align="left">
<B><FONT size=2>Because our continuation as a going concern is in doubt, we will be forced to cease business operations unless we can generate profit in the future.</FONT></B></P>
<P align="left">
<FONT size=2>The report of our independent accountant to our audited financial statements for the period ended July 31, 2007 indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern.
Such factors identified in the report are that we have no source of revenue and our dependence upon obtaining adequate financing. If we are not able to continue as a going concern, it is likely investors will lose all of their investment.</FONT></P>
<P align="left">
<B><FONT size=2>Because of the inherent dangers involved in mineral exploration, there is a risk that we may incur liability or damages, which could hurt our financial position and possibly result in the failure of our business.</FONT></B></P>
<P align="left">
<FONT size=2>The search for valuable minerals involves numerous hazards. As a result, we may become subject to liability for such hazards, including pollution, cave-ins and other hazards against which we cannot insure or against which we may elect
not to insure. The payment of such liabilities may have a material adverse effect on our financial position.</FONT></P>
<P align="left">
<B><FONT size=2>Even if we discover commercial reserves of precious metals on the Vic Vein Mining claim, we may not be able to successfully commence commercial production.</FONT></B></P>
<P align="left">
<FONT size=2>The Vic Vein claim does not contain any known bodies of mineralization. If our exploration programs are successful in establishing quartz diorite and gold of commercial tonnage and grade, we will require additional funds in order to
place the Vic Vein claim into commercial production. We may not be able to obtain such financing.</FONT></P>
<P align="left">
<B><FONT size=2>Because our directors have other business interests, they may not be able or willing to devote a sufficient amount of time to our business operations, causing our business to fail.</FONT></B></P>
<P align="left">
<FONT size=2>Our president, Mr. Raffi Khorchidian, intends to devote approximately 30% of his business time </FONT></P>

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<P align="left">
<FONT size=2>providing his services to us. While our director presently possess adequate time to attend to our interests, it is possible that the demands on our director from their other obligations could increase with the result that they would no
longer be able to devote sufficient time to the management of our business.</FONT></P>
<P align="left">
<B><FONT size=2>If a market for our common stock does not develop, shareholders may be unable to sell their shares and will incur losses as a result.</FONT></B></P>
<P align="left">
<FONT size=2>There is currently no market for our common stock and no certainty that a market will develop. We currently plan to apply for listing of our common stock on the over the counter bulletin board upon the effectiveness of the registration
statement, of which this prospectus forms a part. Our shares may never trade on the bulletin board. If no market is ever developed for our shares, it will be difficult for shareholders to sell their stock. In such a case, shareholders may find that
they are unable to achieve benefits from their investment.</FONT></P>
<P align="left">
<B><FONT size=2>A purchaser is purchasing penny stock which limits his or her ability to sell the stock.</FONT></B></P>
<P align="left">
<FONT size=2>The shares offered by this prospectus constitute penny stock under the Exchange Act. The shares will remain penny stock for the foreseeable future. The classification of penny stock makes it more difficult for a broker-dealer to sell
the stock into a secondary market, thus limiting investment liquidity. Any broker-dealer engaged by the purchaser for the purpose of selling his or her shares in our company will be subject to rules 15g-1 through 15g-10 of the Exchange Act. Rather
than creating a need to comply with those rules, some broker-dealers will refuse to attempt to sell penny stock.</FONT></P>
<P align="left">
<B><FONT size=2>Forward-Looking Statements</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>This prospectus contains forward-looking statements that involve risks and uncertainties. We use words such as anticipate, believe, plan, expect, future, intend and similar expressions to identify such forward-looking statements. You
should not place too much reliance on these forward-looking statements. Our actual results may differ materially from those anticipated in these forward-looking statements for many reasons, including the risks faced by us described in the &#147;Risk
Factors&#148; section and elsewhere in this prospectus.</FONT></P>
<P align="center">
<B><FONT size=2>Use Of Proceeds</FONT></B><BR>
</P>
<P align="left">
<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></P>
<P align="center">
<B><FONT size=2>Determination Of Offering Price</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>The selling shareholders will sell our shares at &#36;0.05 per share until our shares are quoted on the OTC Bulletin Board, and thereafter at prevailing market prices or privately negotiated prices. We cannot ensure that our shares will
be quoted on the OTC Bulletin Board. We determined this offering price, based upon the price of the last sale of our common stock to investors.</FONT></P>
<P align="center">
<B><FONT size=2>Dilution</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>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.</FONT></P>
<P align="center">
<B><FONT size=2>Selling Security Holders</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>The selling shareholders named in this prospectus are offering all of the 1,700,000 shares of common stock offered through this prospectus. These shares were acquired from us in private</FONT></P>

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<P align=left><FONT size=2>placements that were exempt from registration under
Regulation S of the Securities Act of 1933. The shares include the
following:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>1,200,000 shares of our common stock that the selling
      shareholders acquired from us in an offering that was exempt from
      registration under Regulation S of the Securities Act of 1933 and was
      completed on March 14, 2007;</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>500,000 shares of our common stock that the selling
      shareholders acquired from us in an offering that was exempt from
      registration under Regulation S of the Securities Act of 1933 and was
      completed on April 26, 2007;</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>The following table provides as of the date of this
prospectus, information regarding the beneficial ownership of our common stock
held by each of the selling shareholders, including:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>the number of shares owned by each prior to this
      offering;</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>the total number of shares that are to be offered for
      each;</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>3.</FONT> </TD>
    <TD><FONT size=2>the total number of shares that will be owned by each
      upon completion of the offering; and</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>4.</FONT> </TD>
    <TD><FONT size=2>the percentage owned by each upon completion of the
      offering.</FONT> </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 8pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD vAlign=bottom align=left><FONT size=1>Name of Selling
      Stockholder</FONT> </TD>
    <TD vAlign=bottom align=left width="15%" ><FONT size=1>Shares
      Owned</FONT> <FONT size=1>Prior to this</FONT> <FONT
      size=1>Offering</FONT> </TD>
    <TD vAlign=bottom align=left width="15%" ><FONT size=1>Total
      Number of</FONT> <FONT size=1>Shares to be</FONT> <FONT size=1>Offered
      for</FONT> <FONT size=1>Selling</FONT> <FONT size=1>Shareholders</FONT>
      <FONT size=1>Account</FONT> </TD>
    <TD vAlign=bottom align=left width="15%" ><FONT size=1>Total
      Shares</FONT> <FONT size=1>Owned Upon</FONT> <FONT size=1>Completion
      of</FONT> <FONT size=1>this Offering</FONT> </TD>
    <TD vAlign=bottom align=left width="15%" ><FONT
      size=1>Percent Owned</FONT> <FONT size=1>Upon</FONT> <FONT
      size=1>Completion of</FONT> <FONT size=1>this Offering</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Patricia Comeau</FONT>
      <BR><FONT size=2>5569 Keith St</FONT> <BR><FONT size=2>Burnaby,BC V5J
      3C4</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Ophelia Sahakian</FONT> <BR><FONT size=2>4127
      Virginia Cr.</FONT> <BR><FONT size=2>North Vancouver,BC V7R 3Z7</FONT> </TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Leon Khorchidian</FONT>
      <BR><FONT size=2>#811-828 Howe St.</FONT> <BR><FONT size=2>Vancouver,BC
      V6Z 2X2</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Vartouhy Khorchidian</FONT> <BR><FONT
      size=2>10550-154A St.</FONT> <BR><FONT size=2>Surrey,BC</FONT> </TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Alan Sahakian</FONT> <BR><FONT
      size=2>919 Broadview Dr.</FONT> <BR><FONT size=2>North Vancouver,BC V7H
      2E9</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>200,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Taline Giragosian</FONT> <BR><FONT size=2>1127
      Carnaby Place</FONT> <BR><FONT size=2>North Vancouver,BC V7H 2A2</FONT>
</TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>200,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Rob Oslic</FONT> <BR><FONT
      size=2>11380 Surrey Road</FONT> <BR><FONT size=2>Surrey,BC V3R 5T3</FONT>
    </TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Henry Peters</FONT> <BR><FONT size=2>2224
      Petrie Ct.</FONT> <BR><FONT size=2>Coquitlam,BC V3K 6E7</FONT> </TD>
    <TD align=center width="15%" ><BR><FONT size=1>20,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>20,000</FONT>
      <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD>
    <TD align=center width="15%" ><BR><FONT size=1>Nil</FONT>
    <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Jack Khorchidian</FONT>
      <BR><FONT size=2>335 E. 26</FONT><SUP><FONT size=2>th </FONT></SUP><FONT
      size=2>St.</FONT> <BR><FONT size=2>North Vancouver,BC</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee ><BR><FONT
      size=1>Nil</FONT> <BR></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_10></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 8pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><FONT size=2>Laura Corinne Oslic</FONT> <BR><FONT
      size=2>11380 Surrey RD</FONT> <BR><FONT size=2>Surrey,BC V3R 5T3</FONT>
</TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Jim Platis</FONT> <BR><FONT
      size=2>8860 Bairdmore Cres</FONT> <BR><FONT size=2>Richmond,BC V7C
      1M7</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Loutfig Demirjian</FONT> <BR><FONT
      size=2>BST-919 Broadview Drive</FONT> <BR><FONT size=2>North
      Vancouver,BC</FONT> <FONT size=2>V7M 2E9</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Raffi Donabedian</FONT>
      <BR><FONT size=2>8191 Fairbrook Cr.</FONT> <BR><FONT size=2>Richmond,BC
      V7C 1Z2</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Garine Demirdjian</FONT> <BR><FONT size=2>919
      Broadview Dr.</FONT> <BR><FONT size=2>North Vancouver,BC</FONT> <FONT
      size=2>V7H 2E9</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Patty Yeterian</FONT>
      <BR><FONT size=2>3002 W. King Edward Ave.</FONT> <BR><FONT
      size=2>Vancouver,BC V6L 1V3</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Jean Jacques Donabedian</FONT> <BR><FONT
      size=2>8191 Fairbrook Cres.</FONT> <BR><FONT size=2>Richmond,BC V7C
      1Z2</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Zare Giragosian</FONT>
      <BR><FONT size=2>1127 Carnaby Place</FONT> <BR><FONT size=2>North
      Vancouver,BC V7H 2A2</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Dick Lau</FONT> <BR><FONT size=2>#1026-470
      Granville st.</FONT> <BR><FONT size=2>Vancouver,BC V6C 1V5</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Bobbie Brockelmann</FONT>
      <BR><FONT size=2>2224 Petrie Cre</FONT> <BR><FONT size=2>Coquitlam,BC V3K
      6E7</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Sossi Dakessian</FONT> <BR><FONT
      size=2>BST-919 Broadview Drive</FONT> <BR><FONT size=2>North
      Vancouver,BC</FONT> <BR></TD>
    <TD align=center width="15%"><BR><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Vahik Sahakian</FONT>
      <BR><FONT size=2>4127 Virginia Cr.</FONT> <BR><FONT size=2>North
      Vancouver,BC</FONT> <FONT size=2>V7R 3Z7</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Remon Jubran</FONT> <BR><FONT size=2>103-10698
      151 A st.</FONT> <BR><FONT size=2>Surrey,BC V3R 8T5</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>John Arabatlian</FONT>
      <BR><FONT size=2>18515 56A Ave</FONT> <BR><FONT size=2>Surrey,BC V3S
      8J3</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Tamar Demirdjian</FONT> <BR><FONT size=2>919
      Broadview Dr.</FONT> <BR><FONT size=2>North Vancouver,BC</FONT> <FONT
      size=2>V7H 2E9</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Marcello Leone</FONT>
      <BR><FONT size=2>6387 Churchhill Street</FONT> <BR><FONT
      size=2>Vancouver,BC V6M 3H8</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Carla G. Leone</FONT> <BR><FONT size=2>6387
      Churchhill St.</FONT> <BR><FONT size=2>Vancouver,BC V6M 3H8</FONT> </TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="15%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Kevin White</FONT> <BR><FONT
      size=2>6-9339 Alberta Rd.</FONT> <BR><FONT size=2>Richmond,BC V6Y
      4E3</FONT> </TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="15%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_11></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 8pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><FONT size=2>Sean Comeau</FONT> <BR><FONT size=2>1401-1050
      Burrard st.</FONT> <BR><FONT size=2>Vancouver,BC</FONT> </TD>
    <TD align=center width="13%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Rob Harris</FONT> <BR><FONT
      size=2>706-3771 Bartlett Court</FONT> <BR><FONT size=2>Burnaby,BC</FONT>
    </TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Randall Andrus</FONT> <BR><FONT size=2>4720
      Woodley Dr.</FONT> <BR><FONT size=2>West Vancouver, BC V7S 3A1</FONT> </TD>
    <TD align=center width="13%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>Nil</FONT> <BR></TD>
    <TD align=center width="13%"><BR><FONT size=1>Nil</FONT> <BR></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=2>Aghavne Sahakian</FONT>
      <BR><FONT size=2>919 Broadview Dr.</FONT> <BR><FONT size=2>North
      Vancouver,BC V7H 2E9</FONT> </TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT
      size=1>20,000</FONT> <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD>
    <TD align=center width="13%" bgColor=#eeeeee><BR><FONT size=1>Nil</FONT>
      <BR></TD></TR></TABLE>
<P align=left><FONT size=2>Each of the above shareholders beneficially owns and
has sole voting and investment over all shares or rights to the shares
registered in his or her name. 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. The percentages are based on 1,700,000 shares of common
stock outstanding on the date of this prospectus.</FONT></P>
<P align=left><FONT size=2>None of the selling shareholders:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(1)</FONT> </TD>
    <TD><FONT size=2>has had a material relationship with us other than as a
      shareholder at any time within the past three years;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(2)</FONT> </TD>
    <TD><FONT size=2>has ever been one of our officers or directors; or</FONT>
    </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(3)</FONT> </TD>
    <TD><FONT size=2>is a broker-dealer or affiliate of a broker
      dealer.</FONT> </TD></TR></TABLE>
<P align=center><B><FONT size=2>Plan Of Distribution</FONT></B></P>
<P align=left><FONT size=2>The selling shareholders may sell some or all of
their common stock in one or more transactions, including block transactions.
Such sales may occur in private transactions arranged by each selling
shareholder in accordance with resale exemptions in applicable jurisdictions or
through the facilities of the OTC Bulletin Board, if we successfully obtain a
quotation for our stock, of which there is no guarantee.</FONT></P>
<P align=left><FONT size=2>The selling shareholders will sell our shares at
$0.05 per share until our shares are quoted on the OTC Bulletin Board, and
thereafter at prevailing market prices or privately negotiated prices. We cannot
ensure that our shares will be quoted on the OTC Bulletin Board. </FONT></P>
<P align=left><FONT size=2>We determined this offering price based upon the
price of the last sale of our common stock to investors. This offering price has
no relationship to book value. The shares may also be sold in compliance with
the Securities and Exchange Commission's Rule 144.</FONT></P>
<P align=left><FONT size=2>We are bearing all costs relating to the registration
of the common stock. The selling shareholders, however, will pay any commissions
or other fees payable to brokers or dealers in connection with any sale of the
common stock.</FONT></P>
<P align=left><FONT size=2>The selling shareholders must comply with the
requirements of the Securities Act and the Exchange Act in the offer and sale of
the common stock. In particular, during such times as the selling shareholders
may be deemed to be engaged in a distribution of the common stock, and therefore
be considered to be an underwriter, they must comply with applicable law and
may, among other things:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>Not engage in any stabilization activities in connection
      with our common stock;</FONT> </TD></TR></TABLE><BR>
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<TABLE
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  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>Furnish each broker or dealer through which common stock
      may be offered, such copies of this prospectus, as amended from time to
      time, as may be required by such broker or dealer; and</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>3.</FONT> </TD>
    <TD><FONT size=2>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 Exchange Act.</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>The Securities Exchange Commission has also adopted
rules that regulate broker-dealer practices in connection with transactions in
penny stocks. Penny stocks are generally equity securities with a price of less
than $5.00 (other than securities registered on certain national securities
exchanges or quoted on the Nasdaq system, provided that current price and volume
information with respect to transactions in such securities is provided by the
exchange or system).</FONT></P>
<P align=left><FONT size=2>The penny stock rules require a broker-dealer, prior
to a transaction in a penny stock not otherwise exempt from those rules, deliver
a standardized risk disclosure document prepared by the Commission,
which:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1</FONT> </TD>
    <TD><FONT size=2>contains a description of the nature and level of risk in
      the market for penny stocks in both public offerings and secondary
      trading;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2</FONT> </TD>
    <TD><FONT size=2>contains a description of the broker's or dealer's duties
      to the customer and of the rights and remedies available to the customer
      with respect to a violation of such duties;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>3</FONT> </TD>
    <TD><FONT size=2>contains a brief, clear, narrative description of a
      dealer market, including "bid" and "ask" prices for penny stocks and the
      significance of the spread between the bid and ask price;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>4</FONT> </TD>
    <TD><FONT size=2>contains a toll-free telephone number for inquiries on
      disciplinary actions;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>5</FONT> </TD>
    <TD><FONT size=2>defines significant terms in the disclosure document or
      in the conduct of trading penny stocks; and</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>6</FONT> </TD>
    <TD><FONT size=2>contains such other information and is in such form
      (including language, type, size, and format) as the Commission shall
      require by rule or regulation;</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>The broker-dealer also must provide, prior to
proceeding with any transaction in a penny stock, the customer:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1</FONT> </TD>
    <TD><FONT size=2>with bid and offer quotations for the penny stock;</FONT>
    </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2</FONT> </TD>
    <TD><FONT size=2>details of the compensation of the broker-dealer and its
      salesperson in the transaction;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>3</FONT> </TD>
    <TD><FONT size=2>the number of shares to which such bid and ask prices
      apply, or other comparable information relating to the depth and liquidity
      of the market for such stock; and</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>4</FONT> </TD>
    <TD><FONT size=2>monthly account statements showing the market value of
      each penny stock held in the customer's account.</FONT>
</TD></TR></TABLE>
<P align=left><FONT size=2>In addition, the penny stock rules require that prior
to a transaction in a penny stock not otherwise exempt from those rules; the
broker-dealer must make a special written determination that the penny stock is
a suitable investment for the purchaser and receive the purchaser's written
acknowledgment of the receipt of a risk disclosure statement, a written
agreement to transactions involving penny stocks, and a signed and dated copy of
a written suitability statement. These disclosure requirements will have the
effect of reducing the trading activity in the secondary market for our stock
because it will be subject to these penny stock rules. Therefore, stockholders
may have difficulty selling those securities.</FONT></P>
<P align=center><B><FONT size=2>Description Of Securities</FONT></B></P>
<P align=left><B><FONT size=2>General</FONT></B></P>
<P align=left><FONT size=2>Our authorized capital stock consists of 75,000,000
shares of common stock at a par value of $0.001 per share.</FONT></P>
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<P align="left">
<B><FONT size=2>Common Stock</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>As of February 19, 2007, there were 4,700,000 shares of our common stock issued and outstanding that are held by 32 stockholders of record. Holders of our common stock are entitled to one vote for each share on all matters submitted
to a stockholder vote. Holders of common stock do not have cumulative voting rights. Therefore, holders of a majority of the shares of common stock voting for the election of directors can elect all of the directors. Two persons present and being,
or representing by proxy, shareholders 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.</FONT></P>
<P align="left">
<FONT size=2>Holders of common stock are entitled to share in all dividends that the board of directors, in its discretion, declares from legally available funds. In the event of a liquidation, dissolution or winding up, each outstanding share
entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock.</FONT></P>
<P align="left">
<FONT size=2>Holders of our common stock have no pre-emptive rights, no conversion rights and there are no redemption provisions applicable to our common stock.</FONT></P>
<P align="left">
<B><FONT size=2>Preferred Stock</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>We do not have an authorized class of preferred stock.</FONT></P>
<P align="left">
<B><FONT size=2>Dividend Policy</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>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.</FONT></P>
<P align="left">
<B><FONT size=2>Share Purchase Warrants</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>We have not issued and do not have outstanding any warrants to purchase shares of our common stock.</FONT></P>
<P align="left">
<B><FONT size=2>Options</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>We have not issued and do not have outstanding any options to purchase shares of our common stock.</FONT></P>
<P align="left">
<B><FONT size=2>Convertible Securities</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>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.</FONT></P>
<P align="center">
<B><FONT size=2>Interests Of Named Experts And Counsel</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>No expert 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, direct or indirect, in the registrant. Nor was any such person connected with the
registrant as a promoter, managing or principal underwriter, voting trustee, director, officer, or employee.</FONT></P>

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<P align="left">
<FONT size=2>The financial statements included in this prospectus and the registration statement have been audited by K.R. Margetson Ltd., Chartered Accountant, to the extent and for the periods set forth in their report appearing elsewhere in this
document and in the registration statement filed with the SEC, and are included in reliance upon such report given upon the authority of said firm as experts in auditing and accounting.</FONT></P>
<P align="left">
<B><FONT size=2>Description Of Business</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>We intend to commence operations as an exploration stage company. We will be engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits we discover. We own a 100% interest in one
mineral claim known as the Vic Vein Mining claim is located approximately 250 km west of Williams Lake, British Columbia, Canada. We purchased this claim from 1698727 Ontario Inc.</FONT></P>
<P align="left">
<FONT size=2>There is no assurance that a commercially viable mineral deposit exists on the Vic Vein claim. We do not have any current plans to acquire interests in additional mineral properties, though we may consider such acquisitions in the
future.</FONT></P>
<P align="left">
<FONT size=2>Mineral property exploration is typically conducted in phases. Each subsequent phase of exploration work is recommended by a geologist based on the results from the most recent phase of exploration. We have not yet commenced the initial
phase of exploration on the Vic Vein Mining claim. Once we have completed each phase of exploration, we will make a decision as to whether or not we proceed with each successive phase based upon the analysis of the results of that program. Our
director will make this decision based upon the recommendations of the independent geologist who oversees the program and records the results.</FONT></P>
<P align="left">
<FONT size=2>Our plan of operation is to conduct exploration work on the Vic Vein claim in order to ascertain whether it possesses economic quantities of gold. There can be no assurance that an economic mineral deposit exists on the Vic Vein Mining
claim until appropriate exploration work is completed.</FONT></P>
<P align="left">
<FONT size=2>Even if we complete our proposed exploration programs on the Vic Vein claim and we are successful in identifying a mineral deposit, we will have to spend substantial funds on further drilling and engineering studies before we will know
if we have a commercially viable mineral deposit.</FONT></P>
<P align="left">
<B><FONT size=2>Vic Vein Mining claim Purchase</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>On April 18, 2007, we entered into a Mineral Property Staking and Purchase Agreement with 1698727 Ontario Inc. whereby we purchased a 100% interest in the Vic Vein mining claim for &#36;7,500.</FONT></P>
<P align="left">
<B><FONT size=2>Description, Location and Access</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>The Vic Vein Mining claim is located in the approximately 250 kilometers west of Williams Lake, British Columbia, just 8 kilometers northwest of the north end of Tatlayoko Lake. The property is accessible by a four wheel drive road from
the Mt. Skinner access road.</FONT></P>
<P align="left">
<B><FONT size=2>Climate and Topography</FONT></B><BR>
</P>
<P align="left">
<FONT size=2>The climate is dry and cool in the winter, while summers are generally warm and dry. The topography of the claims is typical of the west Chilcotin area consisting of broad valleys and uplands. Local elevation on the property ranges from
850 to1850 meters. The vegetation in general consists of jack pine and spruce trees with occasional open meadows and swamps.</FONT></P>

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<P align=left><B><FONT size=2>Title to the Vic Vein Mining claim</FONT></B></P>
<P align=left><FONT size=2>The Vic Vein Mining claim consists of two mineral
claims. A &#147;mineral claim&#148; refers to a specific section of land over which a
title holder owns rights to explore the ground and subsurface, and extract
minerals.</FONT></P>
<P align=left><FONT size=2>Claims details are as follows:</FONT></P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="70%" border=0>

  <TR vAlign=top>
    <TD align=center><FONT size=2>Claim Name</FONT> </TD>
    <TD align=center width="33%"><FONT size=2>Record Number</FONT> </TD>
    <TD align=center width="33%"><FONT size=2>Expiry Date</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=center><FONT size=2>----------------</FONT> </TD>
    <TD align=center width="33%"><FONT size=2>----------------------</FONT>
</TD>
    <TD align=center width="33%"><FONT size=2>----------------</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=center bgColor=#eeeeee><FONT size=2>Victoria Mining Claim</FONT>
    </TD>
    <TD align=center width="33%" bgColor=#eeeeee><FONT size=2>561213</FONT>
</TD>
    <TD align=center width="33%" bgColor=#eeeeee><FONT size=2>June 26,
      2008</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=center><FONT size=2>Victoria Mining Claim</FONT> </TD>
    <TD align=center width="33%"><FONT size=2>561217</FONT> </TD>
    <TD align=center width="33%"><FONT size=2>June 26, 2008</FONT>
  </TD></TR></TABLE></DIV>
<P align=left><B><FONT size=2>Property Geology and Mineralization</FONT></B></P>
<P align=left><FONT size=2>Most of the claim property is underlain by a quartz
diorite intrusion. Numerous mafic, intermediate and felsic dykes, up to three
meters thick, intrude the quartz diorite. Sporadic chlorite-epidote alteration
is present in the intrusion. </FONT></P>
<P align=left><FONT size=2>The Victoria vein is a mesothermal quartz vein within
the quartz diorite intrusion. The length of the vein is undetermined but is at
least 125 meters long, of which 110 meters has been exposed by hand trenching.
</FONT></P>
<P align=left><FONT size=2>The vein pinches and swells and appears to be fault
controlled. The vein is up to 1.4 meters in thickness, and strikes between 050
and 070 degrees, dipping at least 70 degrees northwest. The host quartz diorite
is moderately silicified and chloritized adjacent to the vein and some argillic
alteration is present. </FONT></P>
<P align=left><FONT size=2>The Victoria vein contains up to 5% pyrite, with a
trace of chalcopyrite, locally associated with malachite on fracture surfaces.
Fractures are common and are rich in limonite and also hematite. Native gold
occurs on some fracture surfaces.</FONT></P>
<P align=left><B><FONT size=2>Exploration History</FONT></B></P>
<P align=left><FONT size=2>Only a limited amount of prospecting and hand
trenching had been completed in the vicinity of the Victoria gold vein.
Elsewhere, within the immediate region, limited exploration for both base and
precious metals has been completed since the 1900&#146;s. Sampling, mapping, and
geophysical surveying were completed on a grid basis over the Victoria Vein and
its extension. In addition limited backhoe trenching was completed on the
vein.</FONT></P>
<P align=left><B><FONT size=2>Geological Report</FONT></B></P>
<P align=left><FONT size=2>We have obtained a geological report on the Vic Vein
Mining claim that was prepared by Amanda Tremblay. Ms. Tremblay has an Honors
Bachelor of Science degree in Geology from Queens University. </FONT></P>
<P align=left><FONT size=2>The geological report summarizes details concerning
the Vic vein claim and makes a recommendation for further exploration
work.</FONT></P>
<P align=left><FONT size=2>Based on her review of geological information
relating to the Vic Vein Mining claim, Ms. Tremblay recommends an initial
exploration program on the property consisting of grid emplacement, concentrated
geological mapping and sampling, geophysical surveys and an initial drill
hole.</FONT></P>
<P align=left><FONT size=2>Grid emplacement involves dividing the claims area
into subsections in order to aid the plotting of exploration data.</FONT></P>
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<P align=left><FONT size=2>Mapping involves plotting previous exploration data
relating to a property on a map in order to determine the best property
locations to conduct subsequent exploration work. Sampling consists of a
geologist gathering pieces of rock or soil for mineral testing because they
appear to contain valuable mineralization.</FONT></P>
<P align=left><FONT size=2>Geophysical surveying is the search for mineral
deposits by measuring the physical property of near-surface rocks, and looking
for unusual responses caused by the presence of mineralization. Electrical,
magnetic, gravitational, seismic and radioactive properties are the ones most
commonly measured. Geophysical surveys are applied in situations where there is
insufficient information obtainable from the property surface to allow informed
opinions concerning the merit of properties.</FONT></P>
<P align=left><FONT size=2>Drilling involves extracting a long cylinder of rock
from the ground to determine amounts of metals at different depths. Pieces of
the rock obtained, known as drill core, are analyzed for mineral
content.</FONT></P>
<P align=left><B><FONT size=2>Compliance with Government
Regulation</FONT></B></P>
<P align=left><FONT size=2>We will be required to comply with all regulations,
rules and directives of governmental authorities and agencies applicable to the
exploration of minerals in Canada generally, and in British Columbia
specifically. </FONT></P>
<P align=left><FONT size=2>We will have to sustain the cost of reclamation and
environmental mediation for all exploration and development work undertaken. The
amount of these costs is not known at this time as we do not know the extent of
the exploration program that will be undertaken beyond completion of the
currently planned work programs. 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 earnings or our
competitive position in the event a potentially economic deposit is discovered.
</FONT></P>
<P align=left><FONT size=2>If we enter into production, the cost of complying
with permit and regulatory environment laws will be greater than in the
exploration phases because the impact on the project area is greater. Permits
and regulations will control all aspects of any production program if the
project continues to that stage because of the potential impact on the
environment. Examples of regulatory requirements include:</FONT></P>
<UL>
  <LI>
  <P><FONT size=2>Water discharge will have to meet water standards;</FONT> </P>
  <LI>
  <P><FONT size=2>Dust generation will have to be minimal or otherwise
  re-mediated;</FONT> </P>
  <LI>
  <P><FONT size=2>Dumping of material on the surface will have to be
  re-contoured and re-</FONT> <FONT size=2>vegetated;</FONT> </P>
  <LI>
  <P><FONT size=2>An assessment of all material to be left on the surface will
  need to be</FONT> <FONT size=2>environmentally benign;</FONT> </P>
  <LI>
  <P><FONT size=2>Ground water will have to be monitored for any potential
  contaminants;</FONT> </P>
  <LI>
  <P><FONT size=2>The socio-economic impact of the project will have to be
  evaluated and if</FONT> <FONT size=2>deemed negative, will have to be
  re-mediated; and</FONT> </P>
  <LI>
  <P><FONT size=2>There will have to be an impact report of the work on the
  local fauna and flora.</FONT> </P></LI></UL>
<P align=left><FONT size=2>Because there will not be any appreciable disturbance
to the land during the phase one and two </FONT></P>
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<P align="left">
<FONT size=2>exploration programs on the Vic Vein claim, we will not have to seek any government approvals prior to conducting exploration.</FONT></P>
<P align="left">
<B><FONT size=2>Employees</FONT></B></P>
<P align="left">
<FONT size=2>We have no employees as of the date of this prospectus other than our directors.</FONT></P>
<P align="left">
<B><FONT size=2>Research and Development Expenditures</FONT></B></P>
<P align="left">
<FONT size=2>We have not incurred any other research or development expenditures since our incorporation.</FONT></P>
<P align="left">
<B><FONT size=2>Subsidiaries</FONT></B></P>
<P align="left">
<FONT size=2>We do not have any subsidiaries.</FONT></P>
<P align="left">
<B><FONT size=2>Patents and Trademarks</FONT></B></P>
<P align="left">
<FONT size=2>We do not own, either legally or beneficially, any patents or trademarks.</FONT></P>
<P align="left">
<B><FONT size=2>Reports to Security Holders</FONT></B></P>
<P align="left">
<FONT size=2>Although we are not required to deliver a copy of our annual report to our security holders, we will voluntarily send a copy of our annual report, including audited financial statements, to any registered shareholder who requests it. We
will not be a reporting issuer with the Securities and Exchange Commission until our registration statement on Form S-1 is declared effective.</FONT></P>
<P align="left">
<FONT size=2>We have filed a registration statement on Form S-1, under the Securities Act of 1933, with the Securities and Exchange Commission with respect to the shares of our common stock offered through this prospectus. This prospectus is filed
as a part of that registration statement, but does not contain all of the information contained in the registration statement and exhibits. Statements made in the registration statement are summaries of the material terms of the referenced
contracts, agreements or documents of the company. We refer you to our registration statement and each exhibit attached to it for a more detailed description of matters involving the company, and the statements we have made in this prospectus are
qualified in their entirety by reference to these additional materials. You may inspect the registration statement, exhibits and schedules filed with the Securities and Exchange Commission at the Commission's principal office in Washington, D.C.
Copies of all or any part of the registration statement may be obtained from the Public Reference Section of the Securities and Exchange Commission, 100 F Street NE, Washington, D.C. 20549. Please call the Commission at 1-800-SEC-0330 for further
information on the operation of the public reference rooms. The Securities and Exchange Commission also maintains a web site at http://www.sec.gov that contains reports, proxy statements and information regarding registrants that file electronically
with the Commission. This site contains information statements and other information regarding issuers that file electronically with the Commission. Our registration statement and the referenced exhibits can also be found on this site.</FONT></P>
<P align="left">
<B><FONT size=2>Description Of Property</FONT></B></P>
<P align="left">
<FONT size=2>We have the right to explore for and extract minerals from the Vic Vein Mining claim. We do not own any real property interest in the Vic Vein claim or any other property.</FONT></P>
<P align="left">
<B><FONT size=2>Legal Proceedings</FONT></B></P>
<P align="left">
<FONT size=2>We are not currently a party to any legal proceedings. Our address for service of process in Nevada is 2620 Regatta Dr. Suite 102, Las Vegas, Nevada, 89128.</FONT></P>

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<P align=left><B><FONT size=2>Market For Common Equity And Related Stockholder
Matters</FONT></B></P>
<P align=left><B><FONT size=2>No Public Market for Common Stock</FONT></B></P>
<P align=left><FONT size=2>There is presently no public market for our common
stock. We anticipate applying for trading of our common stock on the over the
counter bulletin board upon the effectiveness of the registration statement of
which this prospectus forms a part. 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. </FONT></P>
<P align=left><B><FONT size=2>Stockholders of Our Common Shares </FONT></B></P>
<P align=left><FONT size=2>As of the date of this registration statement, we
have thirty-two registered shareholders.</FONT></P>
<P align=left><B><FONT size=2>Rule 144 Shares</FONT></B></P>
<P align=left><FONT size=2>A total of 3,000,000 shares of our common stock are
available for resale to the public in accordance with the volume and trading
limitations of Rule 144 of the Act. In general, under Rule 144 as currently in
effect, a person who has beneficially owned shares of a company's common stock
for at least six months, provided that the company has been subject to the
reporting requirements of the Securities Act of 1934 for a minimum of 90 days,
is entitled to sell within any three month period a number of shares that does
not exceed the greater of:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>1% of the number of shares of the company's common stock
      then outstanding which, in our case, will equal 47,000 shares as of the
      date of this prospectus; or</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>the average weekly trading volume of the company's common
      stock during the four calendar weeks preceding the filing of a notice on
      Form 144 with respect to the sale.</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>Sales under Rule 144 are also subject to manner of
sale provisions and notice requirements and to the availability of current
public information about the company.</FONT></P>
<P align=left><FONT size=2>Under Rule 144(k), a person who is not one of the
company's affiliates at any time during the three months preceding a sale, and
who has beneficially owned the shares proposed to be sold for at least two
years, is entitled to sell shares without complying with the manner of sale,
public information, volume limitation or notice provisions of Rule
144.</FONT></P>
<P align=left><FONT size=2>As of the date of this prospectus, persons who are
our affiliates hold all of the 3,000,000 shares that may be sold pursuant to
Rule 144.</FONT></P>
<P align=left><B><FONT size=2>Registration Rights</FONT></B></P>
<P align=left><FONT size=2>We have not granted registration rights to the
selling shareholders or to any other persons.</FONT></P>
<P align=left><B><FONT size=2>Dividends</FONT></B></P>
<P align=left><FONT size=2>There are no restrictions in our articles of
incorporation or bylaws that prevent us from declaring dividends. The Nevada
Revised Statutes, however, do prohibit us from declaring dividends where, after
giving effect to the distribution of the dividend:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>we would not be able to pay our debts as they become due
      in the usual course of business; or</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>our total assets would be less than the sum of our total
      liabilities plus the amount that would be needed to satisfy the rights of
      shareholders who have preferential rights superior to those receiving the
      distribution.</FONT> </TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_19></A>
<P align=left><FONT size=2>We have not declared any dividends, and we do not
plan to declare any dividends in the foreseeable future.</FONT></P>
<P align=left><B><FONT size=2>Financial Statements</FONT></B></P>
<P align=left><B><FONT size=2>Index to Financial Statements</FONT></B><FONT
size=2>:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>Report of Independent Registered Public Accounting
      Firm;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>Audited financial statements for the period ending July
      31, 2007 and unaudited interim financial statements for the period ending
      October 31, 2007 including:</FONT> </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>a.</FONT> </TD>
    <TD><FONT size=2>Balance Sheet;</FONT> </TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>b.</FONT> </TD>
    <TD><FONT size=2>Statement of Operation;</FONT> </TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>c.</FONT> </TD>
    <TD><FONT size=2>Statement of Stockholders&#146; Equity;</FONT> </TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>d.</FONT> </TD>
    <TD><FONT size=2>Statement of Cash Flows; and</FONT> </TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>e.</FONT> </TD>
    <TD><FONT size=2>Notes to Financial Statements</FONT>
</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>


<!--$$/page=-->
<A name="page_20"></A>

<P align="left">&nbsp;
</P>

<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt" align=right>&nbsp;</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B></B>&nbsp;</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B></B>&nbsp;</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B>ATLANTIC RESOURCES INC.</B></P>
<P
style="MARGIN-TOP: 16px; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 14pt"
align=center>(An Exploration Stage Company)</P>
<P
style="MARGIN-TOP: 16px; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 14pt"
align=center>FINANCIAL STATEMENTS</P>
<P
style="MARGIN-TOP: 16px; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 14pt"
align=center>July 31, 2007</P>
<P style="MARGIN-TOP: 14px; MARGIN-BOTTOM: 0px"><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
    <BR>
</P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=justify><BR>
</P>
<TABLE style="FONT-SIZE: 10pt" borderColor=transparent cellSpacing=0
align=center>
  <TR style="FONT-SIZE: 0px" height=0>
    <TD width=300></TD>
    <TD width=308></TD>
  </TR>
  <TR>
    <TD vAlign=bottom width=300><P style="FONT-SIZE: 18pt; MARGIN: 0px; LINE-HEIGHT: normal"
align=justify><B>K. R. M</B><FONT style="FONT-SIZE: 10.8pt"><B>ARGETSON LTD.</B></FONT></P></TD>
    <TD vAlign=bottom width=308><P style="FONT-SIZE: 14pt; MARGIN: 0px; LINE-HEIGHT: normal"
align=right><B>C</B><FONT style="FONT-SIZE: 6.6pt">HARTERED</FONT><FONT
style="FONT-SIZE: 11pt"> </FONT><B>A</B><FONT
style="FONT-SIZE: 6.6pt">CCOUNTANT</FONT></P></TD>
  </TR>
  <TR>
    <TD vAlign=top width=300><P>&nbsp;</P></TD>
    <TD vAlign=top width=308><P>&nbsp;</P></TD>
  </TR>
</TABLE>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 12pt; MARGIN: 0px; LINE-HEIGHT: 14pt"
align=center><B>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</B></P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=justify>To the Stockholders,</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>Atlantic Resources Inc.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=justify>We have audited the accompanying balance sheet of Atlantic Resources Inc. (An Exploration Stage Company) as of July 31, 2007 and the related statements of operations, stockholders' equity and cash flows for the period from February 9, 2007 (Date of Inception) to July 31 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 style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=justify>We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States of America). &nbsp;Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. &nbsp;An audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. &nbsp;An audit also includes 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 style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=justify>In our opinion, these financial statements present fairly, in all material respects, the financial position of the Company as of July 31, 2007 and the results of its operations and its cash flows for period from February 9, 2007 (Date of Inception) to July 31, 2007 in conformity with accounting principles generally accepted in the United States of America.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=justify>The accompanying financial statements have been prepared using accounting principles generally accepted in the Unites States of America assuming that the Company will continue as a going concern. &nbsp;As discussed in Note 2 to the financial statements, the Company is an exploration stage company and has yet to commence operations, which raises substantial doubt about its ability to continue as a going concern. &nbsp;Management&#146;s plans in regard to their planned financing and other matters are also described in Note 2. &nbsp;The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<TABLE style="FONT-SIZE: 10pt" borderColor=transparent cellSpacing=0>
  <TR style="FONT-SIZE: 0px" height=0>
    <TD width=776></TD>
    <TD width=779></TD>
  </TR>
  <TR>
    <TD vAlign=top width=776><P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>Sechelt, Canada</P></TD>
    <TD vAlign=top width=779><P style="FONT-SIZE: 3.95pt; MARGIN: 0px; LINE-HEIGHT: normal"
align=right><FONT style="FONT-SIZE: 6.6pt">&#147;</FONT><FONT
style="FONT-SIZE: 14pt"><B>K. R. M</B></FONT><FONT
style="FONT-SIZE: 6.6pt">ARGETSON LTD.&#148;</FONT></P></TD>
  </TR>
  <TR>
    <TD vAlign=top width=776><P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">November 24, 2007</P></TD>
    <TD vAlign=top width=779><P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=right>Chartered Accountant &nbsp;&nbsp;</P></TD>
  </TR>
</TABLE>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<TABLE style="FONT-SIZE: 10pt" borderColor=transparent cellSpacing=0>
  <TR style="FONT-SIZE: 0px" height=0>
    <TD width=769></TD>
    <TD width=785></TD>
  </TR>
  <TR>
    <TD vAlign=top width=769><P
style="MARGIN-TOP: 3px; FONT-SIZE: 7pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=justify>PO BOX 45, 5588 INLET AVENUE</P></TD>
    <TD vAlign=top width=785><P
style="MARGIN-TOP: 3px; FONT-SIZE: 7pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=right>TELEPHONE: 604-885-2810 &nbsp;&nbsp;NE:&nbsp;&nbsp;604-885-2810</P></TD>
  </TR>
  <TR>
    <TD vAlign=top width=769><P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=justify>SECHELT, BC V0N 3A0</P></TD>
    <TD vAlign=top width=785><P
style="PADDING-RIGHT: 0px; FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=right>FACSIMILE:&nbsp;&nbsp;604-885-2834</P></TD>
  </TR>
  <TR>
    <TD vAlign=top width=769><P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=justify>CANADA</P></TD>
    <TD vAlign=top width=785><P
style="FONT-SIZE: 7pt; MARGIN: 0px; LINE-HEIGHT: 9pt; FONT-FAMILY: Bookman Old Style"
align=right>E-MAIL:&nbsp;&nbsp;keith@krmargetson.com</P></TD>
  </TR>
</TABLE>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
    <BR>
</P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<A name="page_1"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">BALANCE SHEET </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">July 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%" colSpan=4><B>ASSETS</B> </TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>Current </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">&nbsp; &nbsp; &nbsp;Cash and cash equivalents </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">Total Assets </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="11%">21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%" colSpan=4><B>LIABILITIES</B> </TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">Current </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Accounts payable and accrued liabilities &#150; Note 4 </TD>
    <TD align=left width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="11%" bgColor=#e6efff>1,000 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">&nbsp; &nbsp; &nbsp;Due to related party &#150; Note 5 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">Total Liabilities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">1,500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%" bgColor=#e6efff colSpan=4><B>STOCKHOLDERS&#146; EQUITY</B> </TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>Capital Stock &#150; Note 7 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">&nbsp; &nbsp;Authorized: </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;70,000,000 common shares with a par value of $.001 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">&nbsp; &nbsp; &nbsp;Issued and outstanding </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4,700,000 common shares </TD>
    <TD align=left width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="11%" bgColor=#e6efff>4,700 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%">Additional paid in capital </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="11%">24,500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>Deficit accumulated during exploration stage </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%" bgColor=#e6efff>( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>) </TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>Total Stockholders&#146; Equity </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%" bgColor=#e6efff>20,141 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="87%" bgColor=#e6efff>Total Liabilities and Stockholders&#146; Equity </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 3px double"width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right style="BORDER-BOTTOM: #000000 3px double"width="11%" bgColor=#e6efff>21,641 </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 3px double"width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=justify>Going Concern &#150; Note 2</P>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>1</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_2"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">STATEMENT OF OPERATIONS </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the period from February 9, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to July 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">Accumulated for </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">the period from </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">February 9, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">(Date of Inception) to </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">July 31, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%" bgColor=#e6efff>Expenses </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp; &nbsp; &nbsp;Geological, mineral and prospect costs </TD>
    <TD align=right width="1%">&nbsp;$ </TD>
    <TD align=right width="10%">7,500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;General and administrative </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>59 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">&nbsp; &nbsp; &nbsp;Incorporation costs </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Professional fees </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>1,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">Net loss for the period </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="10%">( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%" bgColor=#e6efff>Basic and fully diluted net loss per common share </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="10%" bgColor=#e6efff>( .002 </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%" bgColor=#e6efff>) </TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="88%">Weighted average common shares outstanding </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">3,708,140 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>2</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_3"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">STATEMENT OF CASH FLOWS </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the period from February 9, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to July 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">Accumulated for </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">the period from </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">February 9, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">(Date of Inception) to </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">July 31, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>Operating Activities </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp; &nbsp; &nbsp;Net loss for the period </TD>
    <TD align=right width="1%">$&nbsp; </TD>
    <TD align=right width="10%">( 9,059 </TD>
    <TD align=left width="1%">) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Cash provided by (used in) changes in operating assets and </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp; &nbsp; &nbsp;liabilities </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounts payable and accrued liabilities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>1,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid"align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">Net cash provided by (used in) Operating Activities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 8,059 </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 1px solid"width="1%">) </TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>Financing Activities </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp; &nbsp; &nbsp;Advance from related party </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Common stock issued for cash </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>29,200 </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 1px solid"width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>Net cash proved by Financing Activities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>29,700 </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 1px solid"width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">Increase in cash and cash equivalents during the period </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">21,641 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>Cash and cash equivalents, beginning of the period </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 1px solid"width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD align=right width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">Cash and cash equivalents, end of the period </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="1%">$&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="10%">21,641 </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 3px double"width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>Supplemented disclosure of cash flow </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">information: </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Cash paid for: </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD width="80%" height="19" align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Interest </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="10%">---- </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 3px double"width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="80%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income taxes </TD>
    <TD align=right style="BORDER-BOTTOM: #000000 3px double"width="1%">$ </TD>
    <TD align=right style="BORDER-BOTTOM: #000000 3px double"width="10%">---- </TD>
    <TD align=left style="BORDER-BOTTOM: #000000 3px double"width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES </P>
<P align=center>3</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_4"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''''Times New Roman'''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">STATEMENT OF </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">STOCKHOLDERS&#146; EQUITY </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the period from February 9, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to July 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''''Times New Roman'''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="34%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="12%">&nbsp;</TD>
    <TD align=center width="4%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="7%">&nbsp;</TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="8%">Additional </TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="8%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="34%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="24%" colSpan=4>Common Stock </TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="9%" colSpan=2>Paid -in </TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">Accumulated </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="8%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="34%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="12%"><U>Shares</U> </TD>
    <TD align=center width="4%">&nbsp;</TD>
    <TD align=center width="1%" background="">&nbsp;</TD>
    <TD align=center width="7%" background=""><U>Amount</U>&nbsp;</TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="8%"><U>Capital</U> </TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%"><U>Deficit</U> </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="3%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="8%"><U>Total</U> </TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD align=center width="99%" colSpan=17>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=17>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%" bgColor=#e6efff>Balance, February 9, 2007 </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="12%" bgColor=#e6efff>-- </TD>
    <TD align=left width="4%" bgColor=#e6efff></TD>
    <TD align=right width="1%" bgColor=#e6efff>$&nbsp;&nbsp;</TD>
    <TD align=right width="7%" bgColor=#e6efff>-- </TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>$&nbsp;</TD>
    <TD align=right width="8%" bgColor=#e6efff>-- </TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>$&nbsp;&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;$</TD>
    <TD align=right width="8%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=17>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%" bgColor=#e6efff>Shares issued for $.001 March </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="12%" bgColor=#e6efff>3,000,000 </TD>
    <TD align=left width="4%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="7%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%">12, 2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=left width="12%">&nbsp;</TD>
    <TD align=left width="4%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="7%">3,000 </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">-- </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">3,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%" bgColor=#e6efff>Shares issued for $.001 March </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="12%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="4%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="7%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%">14, 2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="12%">1,200,000 </TD>
    <TD align=left width="4%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="7%">1,200 </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">-- </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">1,200 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%" bgColor=#e6efff>Shares issued for $.05 April 26, </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="12%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="4%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="7%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%">2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="12%">500,000 </TD>
    <TD align=left width="4%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="7%">500 </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">24,500 </TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="3%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="8%">25,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%" bgColor=#e6efff>Net loss for the period ended </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="12%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="4%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="7%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="3%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="8%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%">July 31, 2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="12%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="4%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="7%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="8%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="8%">( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=17>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="34%">Balance, July 31, 2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="12%">4,700,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="4%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="7%">4,700 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="8%">24,500 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">&nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">(9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="3%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="8%">20,141 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>4</P>
<BR>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=center><B>ATLANTIC RESOURCES INC.</B></P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>(An Exploration Stage Company)</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>NOTES TO THE FINANCIAL STATEMENTS</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt" align=center>July 31, 2007</P>
<P style="MARGIN: 0px" align=center><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 1</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Operations</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company was incorporated in the State of Nevada on February 9, 2007 and is in the exploration stage. &nbsp;The Company has acquired a mineral property located in the Province of British Columbia, Canada, and has not yet determined whether this property contains reserves that are economically recoverable. &nbsp;The recoverability of amounts from the property will be dependent upon the discovery of economically recoverable reserves, confirmation of the Company&#146;s interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy expenditure requirements and to complete the development of the property and upon future profitable production or proceeds from the sale thereof..</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company has adopted July 31as its fiscal year end.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 2</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Summary of Significant Accounting Policies</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">This summary of significant accounting policies is presented to assist in understanding the financial statements. The financial statements and notes are representations of the Company&#146;s management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the U.S. and have been consistently applied in the preparation of the financial statements.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Accounting Methods</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company&#146;s financial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Going Concern </U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-RIGHT: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">These financial statements have been prepared on the going concern basis, which presumes that the Company will continue operations for the foreseeable future and will be able to realize assets and discharge liabilities in the normal course of business. <A name=OLE_LINK3></A><A name=OLE_LINK4></A>The Company has accumulated a deficit of $9,059 since inception, has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising substantial doubt about the Company&#146;s ability to continue as a going concern. &nbsp;Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. &nbsp;These financial statements do not reflect the adjustments or reclassifications to the assets and liabilities which would be necessary if the Company was unable to continue its operations. &nbsp;Management anticipates that additional funding will be in the form of equity financing from the sale of common stock. &nbsp;Management may also seek to obtain short-term loans from the directors of the Company. &nbsp;There are no current arrangements in place for equity funding or short-term loans.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Revenue Recognition</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company recognizes revenue when minerals are delivered to the purchaser.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P style="MARGIN: 0px"><BR>
    <BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P
style="FONT-SIZE: 11pt; PAGE-BREAK-BEFORE: always; MARGIN: 0px; LINE-HEIGHT: 13pt">Atlantic Resources Inc.</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">(An Exploration Stage Company)</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Notes to the Financial Statements</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">July 31, 2007</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 2</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Summary of Significant Accounting Policies </U>&#150; (cont&#146;d)</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Use of Estimates </U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying disclosures. Although these estimates are based on management's best knowledge of current events and actions the Company may undertake in the future, actual results may ultimately differ from the estimates. &nbsp;Management believes such estimates to be reasonable. </P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Cash Equivalents </U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Cash equivalents are defined as highly liquid securities with maturities of three months or less. &nbsp;</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Mineral Property Costs</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified. &nbsp;From that time forward, the Company will capitalize all costs to the extent that future cosh flows from mineral reserves equal or exceed the costs deferred. &nbsp;The deferred costs will be amortized over the recoverable reserves when a property reaches commercial production. &nbsp;Costs related to site restoration programs will be accrued over the life of the project. &nbsp;To date, the Company has not established any proven reserves on its mineral property.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Basic and Diluted Loss Per Share</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company reports basic loss per share in accordance with Statement of Financial Accounting Standards No. 128, &#147;Earnings Per Share&#148; and International Accounting Standards IAS 33. &nbsp;Basic loss per share is computed using the weighted average number of shares outstanding during the period (year). &nbsp;Diluted earning&#146;s per share includes the potentially dilutive effect of outstanding common stock options and warrants which are convertible to common shares.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Income Taxes</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company follows Statement of Financial Accounting Standards No. 109, &#147;Accounting for Income Taxes&#148; (&#147;FAS 109&#148;) which requires the use of the asset and liability method of accounting for income taxes. &nbsp;Under the asset and liability method of FAS 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statements carrying amounts of existing assets and liabilities and loss carryforwards and their respective tax bases. &nbsp;Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled. </P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Environmental Costs</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. &nbsp;Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue generation, are expensed. &nbsp;Liabilities are recorded</P>
<P style="MARGIN: 0px"><BR>
    <BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="FONT-SIZE: 11pt; PAGE-BREAK-BEFORE: always; MARGIN: 0px; LINE-HEIGHT: 13pt">
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<p></P>
<P
style="FONT-SIZE: 11pt; PAGE-BREAK-BEFORE: always; MARGIN: 0px; LINE-HEIGHT: 13pt">Atlantic Resources Inc.</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">(An Exploration Stage Company)</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Notes to the Financial Statements</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">July 31, 2007</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 2</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Summary of Significant Accounting Policies</U> &#150; (cont&#146;d)</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Environmental Costs</U> &#150; (cont&#146;d)</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated. &nbsp;Generally, the timing of these accruals coincides with the earlier of:</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; TEXT-INDENT: -48px; LINE-HEIGHT: 13pt">i)</P>
<P
style="PADDING-LEFT: 120px; FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: -2px; LINE-HEIGHT: 13pt">completion of a feasibility study; or</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; TEXT-INDENT: -48px; LINE-HEIGHT: 13pt">ii)</P>
<P
style="PADDING-LEFT: 120px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">the Company&#146;s commitment to a plan of action based on the then known facts.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Financial Instruments </U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The carrying value of the Company&#146;s financial instruments, consisting of cash and cash equivalents, accounts payable and accrued liabilities and related party payable, approximate their fair value due to the short-term maturity of such instruments. &nbsp;Unless otherwise noted, it is management&#146;s opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments. </P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="FONT-SIZE: 12pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 14pt"><U>Derivative Instruments</U></P>
<P
style="MARGIN-TOP: 14px; PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 13pt">The Financial Accounting Standards Board issued Statement of Financial Accounting Standards (&#147;SFAS&#148;) No. 133, &#147;Accounting for Derivative Instruments and Hedging Activities,&#148; as amended by SFAS No. 137, &#147;Accounting for Derivative Instruments and Hedging Activities &#150; Deferral of the Effective Date of FASB No. 133&#148;, SFAS No. 138, &#147;Accounting for Certain Derivative Instruments and Certain Hedging Activities&#148;, and SFAS No. 149, &#147;Amendment of Statement 133 on Derivative Instruments and Hedging Activities&#148;, &nbsp;which is effective for the Company as of its inception. &nbsp;These statements establish accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities. &nbsp;They require that an entity recognize all derivatives as either assets or liabilities in the balance sheet and measure those instruments at fair value.</P>
<P
style="MARGIN-TOP: 14px; PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN-BOTTOM: 0px; LINE-HEIGHT: 13pt">If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change. &nbsp;The Company has not entered into derivatives contracts to hedge existing risks or for speculative purposes.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 71px; FONT-SIZE: 11pt; MARGIN-BOTTOM: 6px; LINE-HEIGHT: 13pt"><U>Cash and Currency Risks</U></P>
<P
style="MARGIN-TOP: 0px; PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN-BOTTOM: 6px; LINE-HEIGHT: 13pt">The Company incurs expenditures in Canadian and U.S. dollars. Consequently, some assets and liabilities are exposed to Canadian dollar foreign currency fluctuations. &nbsp;As at July 31, 2007, there were no amounts denominated in Canadian dollars included in the financial statements. The Company has cash balances at well-known financial institutions. &nbsp;Balances in U.S. dollars at Canadian institutions are not protected by insurance and are therefore subject to deposit risk. &nbsp;As at July 31, 2007 all cash and equivalents represented cash at Canadian financial institutions.</P>
<P style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 6px"><BR>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<p></P>
<P
style="FONT-SIZE: 11pt; PAGE-BREAK-BEFORE: always; MARGIN: 0px; LINE-HEIGHT: 13pt">Atlantic Resources Inc.</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">(An Exploration Stage Company)</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Notes to the Financial Statements</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">July 31, 2007</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 2</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 73px; LINE-HEIGHT: 13pt"><U>Summary of Significant Accounting Policies</U> &#150; (cont&#146;d)</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify><U>Foreign Currency Translations</U></P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>The Company's functional currency is US dollars. Foreign currency balances are translated into US dollars as follows:</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Monetary assets and liabilities are translated at the period-end exchange rate. Non-monetary assets are translated at the rate of exchange in effect at their acquisition, unless such assets are carried at market or nominal value, in which case they are translated at the period-end exchange rate. Revenue and expense items are translated at the average exchange rate for the period. Foreign exchange gains and losses in the period are included in operations</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"><U>Recent Accounting Pronouncements</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. &nbsp;&nbsp;Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt">Note 3</P>
<P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"><U>Mineral Property</U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>On April 18 2007, the Company purchased a mineral claim in the Province of British Columbia for $7,500. &nbsp;The claim will expire on June 26, 2008 unless the Company carries out assessment procedures as required by government.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt"
align=justify>Note 4</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"
align=justify><U>Accounts Payable and Accrued Liabilities</U> </P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<TABLE style="FONT-SIZE: 10pt" borderColor=transparent cellSpacing=0>
  <TR style="FONT-SIZE: 0px" height=0>
    <TD width=80></TD>
    <TD width=351></TD>
    <TD width=130></TD>
    <TD width=126></TD>
  </TR>
  <TR>
    <TD vAlign=top width=80><P>&nbsp;</P></TD>
    <TD vAlign=top width=351><P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>Accrued professional fees payable</P></TD>
    <TD vAlign=top width=130><P style="MARGIN: 0px" align=justify><BR>
    </P></TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" vAlign=top width=126><P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; TEXT-INDENT: 20px; LINE-HEIGHT: 13pt"
align=justify>$</P>
        <P
style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 66px; LINE-HEIGHT: 13pt"
align=justify>1,000</P></TD>
  </TR>
  <TR>
    <TD vAlign=top width=80><P>&nbsp;</P></TD>
    <TD vAlign=top width=351><P>&nbsp;</P></TD>
    <TD vAlign=top width=130><P>&nbsp;</P></TD>
    <TD vAlign=top width=126><P style="MARGIN: 0px" align=justify><BR>
    </P></TD>
  </TR>
</TABLE>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt"
align=justify>Note 5</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"
align=justify><U>Due to related party</U></P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>The account represents company costs paid for by a major shareholder and director. &nbsp;There is no interest or stated terms of repayment.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt"
align=justify>Note 6</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"
align=justify><U>Income Taxes</U></P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="PADDING-LEFT: 72px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt"
align=justify>The impact of differences between the Company&#146;s reported income tax provision on operating income and the benefit that would otherwise result from the application of statutory rates is noted below. &nbsp;As management cannot determine that it is more likely than not that the Company will realize the benefit of the net deferred tax asset, a valuation allowance equal to the net deferred tax asset has been recorded.</P>
<P style="MARGIN: 0px" align=justify><BR>
    <BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<HR style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 9px" noShade SIZE=1>
<P
style="FONT-SIZE: 11pt; PAGE-BREAK-BEFORE: always; MARGIN: 0px; LINE-HEIGHT: 13pt">Atlantic Resources Inc.</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">(An Exploration Stage Company)</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Notes to the Financial Statements</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">July 31, 2007</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt"
align=justify>Note 6</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"
align=justify><U>Income Taxes </U>&nbsp;- (cont&#146;d)</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''''Times New Roman''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>Income tax recovery at the statutory rate of 34.1% </TD>
    <TD align=right width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="10%" bgColor=#e6efff>3,089 </TD>
    <TD align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%">Permanent difference </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">43 </TD>
    <TD align=left width="2%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>Timing difference of incorporation cost </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>162 </TD>
    <TD align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%">Valuation allowance </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 3,294 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="2%">) </TD>
  </TR>
  <TR>
    <TD width="5%" background="">&nbsp;</TD>
    <TD width="95%" bgColor=#e6efff colSpan=4>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" background=""></TD>
    <TD width="95%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>Net income tax benefit </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%" bgColor=#e6efff>$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>--- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''''Times New Roman''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>As at July 2007, the net deferred tax asset is as follows </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" background=""></TD>
    <TD width="95%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background="">&nbsp;</TD>
    <TD align=left width="77%" bgColor=#e6efff>Deferred tax assets </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net operating loss carried forward of $9,658 </TD>
    <TD align=left width="1%"><div align="right">$ </div></TD>
    <TD align=right width="10%">3,294 </TD>
    <TD align=left width="2%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>Less valuation allowance </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>( 3,294 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="2%" bgColor=#e6efff>) </TD>
  </TR>
  <TR>
    <TD width="5%" background=""></TD>
    <TD width="95%" colSpan=4>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="5%" background=""></TD>
    <TD align=left width="77%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff><div align="right">$ </div></TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>--- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="2%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
</TABLE>
<P style="MARGIN: 0px" align=justify>&nbsp;</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">Under normal circumstances the ability to apply the tax loss of $9,658 will expire in 2027.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="MARGIN-TOP: 0px; FONT-SIZE: 11pt; MARGIN-BOTTOM: -17px; LINE-HEIGHT: 13pt"
align=justify>Note 7</P>
<P style="FONT-SIZE: 11pt; MARGIN: 0px; TEXT-INDENT: 72px; LINE-HEIGHT: 13pt"
align=justify><U>Capital Stock </U></P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">On March 12, 2007, the Company issued 3,000,000 common shares for $3,000 in cash to the sole director.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">On March 14, 2007, the Company issued 1,200,000 common shares for $1,200 in cash.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">On April 26, 2007, the Company issued 500,000 common shares for $25,000 in cash.</P>
<P style="MARGIN: 0px"><BR>
</P>
<P
style="PADDING-LEFT: 73px; FONT-SIZE: 11pt; MARGIN: 0px; LINE-HEIGHT: 13pt">There are no shares subject to options, warrants or other agreements as at July 31, 2007.</P>
<P style="MARGIN: 0px" align=justify><BR>
</P>
<HR noshade align="center" width="100%" size=1 style="page-break-after:always;">
<P style="margin:0px" align=center><BR>
</P>
<P style="margin:0px" align=center><BR>
</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>ATLANTIC RESOURCES INC.</B></P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; font-size:12pt" align=center>(An Exploration Stage Company)</P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; font-size:12pt" align=center>FINANCIAL STATEMENTS</P>
<P style="line-height:14pt; margin-top:16px; margin-bottom:0px; font-size:12pt" align=center>October 31, 2007</P>
<P style="margin:0px" align=center><BR>
</P>
<P style="margin-top:16px; margin-bottom:0px" align=center><BR>
    <BR>
</P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<p>
  <!--$$/page=-->
  <A name="page_1"></A> </p>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">INTERIM BALANCE SHEET </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">October 31, 2007 and July 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="11%">October 31 </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">July 31 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="11%">2007 </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="75%"><B>ASSETS</B> </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Current </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp;Cash and cash equivalents </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">21,622 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Total Assets </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="11%">21,622 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="75%"><B>LIABILITIES</B> </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Current </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp;Accounts payable and accrued liabilities &#150; Note 5 </TD>
    <TD align=right width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="11%" bgColor=#e6efff>1,000 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="10%" bgColor=#e6efff>1,000 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp;Due to related party &#150; Note 6 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Total Liabilities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">1 ,500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">1,500 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD align=right width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="75%"><B>STOCKHOLDERS&#146; EQUITY</B> </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Capital stock &#150; Note 7 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Authorized </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;70,000,000 common shares, par value $0.001 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="11%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp;Issued and outstanding </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4,700,000 common shares </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="11%">4,700 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">4,700 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Additional paid-in capital </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="11%" bgColor=#e6efff>24,500 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>24,500 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Deficit, accumulated during the exploration stage </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">(9,078 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">(9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Total Stockholders&#146; Equity </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">20,122 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">20,141 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Total Liabilities and Stockholders&#146; Equity </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">21,622 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=justify>Going Concern &#150; Note 3 </P>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>1</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_2"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">INTERIM STATEMENT OF OPERATIONS </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the three months ended October 31, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">and for the period from February 9, 2007 (Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to October 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="76%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="10%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=center width="10%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">Accumulated for </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">the Period from </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">February 9, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">(Date of </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">Three months </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">Inception) </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">October 31 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">To October 31 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="76%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=right width="10%">2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=right width="10%">2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%" bgColor=#e6efff>Expenses </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp; &nbsp; &nbsp;Geological, mineral and prospect costs </TD>
    <TD align=left width="1%">$ </TD>
    <TD align=right width="10%">- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp; &nbsp;$ </TD>
    <TD align=right width="10%">7,500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;General and administrative </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>19 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>78 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">&nbsp; &nbsp; &nbsp;Incorporation costs </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;Professional fees </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>1,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>19 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>9,078 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%" bgColor=#e6efff>Net loss for the period </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>(19 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>) </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>(9,078 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>) </TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">Basic and diluted earnings per common share </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp; &nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">(0.000 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">(0.000 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="100%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="76%">Weighted average common shares outstanding </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">4,700,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">4,053,788 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>2</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_3"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''''''Times New Roman''''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">INTERIM STATEMENT OF CASH FLOWS </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the three months ended October 31, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">and for the period from February 9, 2007 (Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to October 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: ''''''Times New Roman''''''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="75%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="10%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=right width="10%" background=""></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%" background=""></TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">Accumulated for </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">the </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">Period from </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">February 9, 2007 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">Three months </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">(Date of Inception) </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">ended October 31 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=center width="10%">to October 31 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="75%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=right width="10%">2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=right width="10%">2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Operating Activities </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp;Loss for the period </TD>
    <TD align=left width="1%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;$ </TD>
    <TD align=right width="10%">(19 </TD>
    <TD align=left width="1%">) </TD>
    <TD align=left width="1%">&nbsp; &nbsp;$ </TD>
    <TD align=right width="10%">(9,078 </TD>
    <TD align=left width="1%">) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp;Changes in non-cash working capital items </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Accounts payable and accrued liabilities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%"><B>-</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">1,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Net cash provided by (used in) operating Activities </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>(19 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>) </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>(8,078 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Financing Activities </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp;Advance from related party </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff><B>-</B> </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>500 </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp;Common stock issued for cash </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%"><B>-</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">29,200 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff><B>-</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>29,700 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Increase (Decrease) In Cash and Cash Equivalents </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">During The Period </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">(19 </TD>
    <TD align=left width="1%">) </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">21,622 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Cash and Cash Equivalents, Beginning of Period </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>21,641 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%" bgColor=#e6efff>- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>Cash and Cash Equivalents, End of Period </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>21,622 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>21,622 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" colSpan=7>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="99%" bgColor=#e6efff colSpan=7>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">Supplementary disclosure of dash flow information </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="10%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp;Cash paid for </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Interest </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp; &nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=center width="10%">- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="75%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Income taxes </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp; &nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=center width="10%" bgColor=#e6efff>- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp; &nbsp;$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%" bgColor=#e6efff>- </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>3</P>
<HR align=center width="100%" noShade SIZE=1>
<!--$$/page=-->
<A name="page_4"></A>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=center width="100%"><B>ATLANTIC RESOURCES INC.</B> </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(An Exploration Stage Company) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">INTERIM STATEMENT OF </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">STOCKHOLDERS&#146; EQUITY </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">for the period from February 9, 2007 </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">(Date of Inception) </TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=center width="100%">to October 31, 2007 </TD>
  </TR>
</TABLE>
<BR>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: '''Times New Roman'''" cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=bottom>
    <TD align=left width="37%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="11%">Additional </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="22%" colSpan=4>Common Stock </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="11%">Paid-in </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">Accumulated </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=center width="10%"><U>Shares</U> </TD>
    <TD align=center width="1%"></TD>
    <TD align=center width="1%" background="">&nbsp;</TD>
    <TD align=center width="10%" background=""><U>Amount</U>&nbsp;&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="11%"><U>Capital</U> </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%"><U>Deficit</U> </TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="1%">&nbsp;</TD>
    <TD align=center width="10%"><U>Total</U> </TD>
    <TD align=center width="1%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="98%" colSpan=16>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="98%" colSpan=16>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Balance, February 9, 2007 </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff></TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;$</TD>
    <TD align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>$</TD>
    <TD align=right width="11%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>$</TD>
    <TD align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>$ </TD>
    <TD align=right width="10%" bgColor=#e6efff>-- </TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="98%" colSpan=16>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Shares issued for $.001 March </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">12, 2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">3,000,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">3,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="11%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">3,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Shares issued for $.001 March </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">14, 2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">1,200,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">1,200 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="11%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">1,200 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Shares issued for $.05 April 26, </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">500,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="11%">24,500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">-- </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="10%">25,000 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Net loss for the period ended </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">July 31, 2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 9,059 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="98%" bgColor=#e6efff colSpan=16>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">Balance, July 31, 2007 </TD>
    <TD align=right width="1%">&nbsp;</TD>
    <TD align=right width="10%">4,700,000 </TD>
    <TD align=left width="1%"></TD>
    <TD align=right width="1%">$ </TD>
    <TD align=right width="10%">4,700 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">$ </TD>
    <TD align=right width="11%">24,500 </TD>
    <TD align=left width="1%">&nbsp;</TD>
    <TD align=right width="1%">$ </TD>
    <TD align=right width="10%">(9,059 </TD>
    <TD align=left width="1%">) </TD>
    <TD align=left width="1%">$ </TD>
    <TD align=right width="10%">20,141 </TD>
    <TD align=left width="1%">&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%" bgColor=#e6efff>Net loss for the 3 month period </TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="11%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=right width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="10%" bgColor=#e6efff>&nbsp;</TD>
    <TD align=left width="1%" bgColor=#e6efff>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">ended October 31, 2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="11%">-- </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 19 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="10%">( 19 </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%">) </TD>
  </TR>
  <TR>
    <TD width="98%" bgColor=#e6efff colSpan=16>&nbsp;</TD>
  </TR>
  <TR vAlign=bottom>
    <TD align=left width="37%">Balance, October 31, 2007 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">4,700,000 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">4,700 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="11%">24,500 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">(9,078 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">) </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">$ </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=right width="10%">20,122 </TD>
    <TD style="BORDER-BOTTOM: #000000 2pt double" align=left width="1%">&nbsp;</TD>
  </TR>
</TABLE>
<BR>
<P align=center>SEE ACCOMPANYING NOTES</P>
<P align=center>4</P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=justify><BR>
</P>
<P style="line-height:13pt; margin:0px; font-size:11pt" align=center><B>ATLANTIC RESOURCES INC.</B></P>
<P style="line-height:13pt; margin:0px; padding-right:-2px; font-size:11pt" align=center>(An Exploration Stage Company)</P>
<P style="line-height:13pt; margin:0px; font-size:11pt" align=center>NOTES TO THE INTERIM FINANCIAL STATEMENTS</P>
<P style="line-height:13pt; margin:0px; font-size:11pt" align=center>October 31, 2007</P>
<P style="margin:0px" align=center><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt">Note 1</P>
<P style="line-height:13pt; margin:0px; text-indent:73.333px; font-size:11pt"><U>Operations</U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">The Company was incorporated in the State of Nevada on February 9, 2007 and is in the exploration stage. &nbsp;The Company has acquired a mineral property located in the Province of British Columbia, Canada, and has not yet determined whether this property contains reserves that are economically recoverable. &nbsp;The recoverability of amounts from the property will be dependent upon the discovery of economically recoverable reserves, confirmation of the Company&#146;s interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy expenditure requirements and to complete the development of the property and upon future profitable production or proceeds from the sale thereof..</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">The Company has adopted July 31as its fiscal year end.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt" align=justify>Note 2</P>
<P style="line-height:13pt; margin:0px; text-indent:73.333px; font-size:11pt" align=justify><U>Interim Reporting</U></P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt" align=justify>The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-QSB of Regulation S-B. &nbsp;They do not include all information and footnotes required by generally accepted accounting principles for complete financial statements. &nbsp;In the opinion of management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. &nbsp;Operating results for the three months ended October 31, 2007 are not necessarily indicative of the results that may be expected for the year ended July 31, 2008.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt">Note 3</P>
<P style="line-height:13pt; margin:0px; text-indent:73.333px; font-size:11pt"><U>Summary of Significant Accounting Policies</U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">This summary of significant accounting policies is presented to assist in understanding the financial statements. The financial statements and notes are representations of the Company&#146;s management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the U.S. and have been consistently applied in the preparation of the financial statements.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:72px; font-size:11pt"><U>Going Concern </U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:72px; padding-right:0.267px; font-size:11pt">These financial statements have been prepared on the going concern basis, which presumes that the Company will continue operations for the foreseeable future and will be able to realize assets and discharge liabilities in the normal course of business. The Company has accumulated a deficit of $9,078 since inception, has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising substantial doubt about the Company&#146;s ability to continue as a going concern. &nbsp;Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. &nbsp;These financial statements do not reflect the adjustments or reclassifications to the assets and liabilities which would be necessary if the Company was unable to continue its operations. &nbsp;Management anticipates that additional funding will be in the form of equity financing from the sale of common stock. &nbsp;The Company may also seek to obtain short-term loans from the directors of the Company. &nbsp;There are no current arrangements in place for equity funding or short-term loans.</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="margin:0px" align=justify><BR>
</P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=justify><BR>
</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">Atlantic Resources Inc.</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">(An Exploration Stage Company)</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">Notes to the Interim Financial Statements</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">October 31, 2007</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt">Note 3</P>
<P style="line-height:13pt; margin:0px; text-indent:73.333px; font-size:11pt"><U>Summary of Significant Accounting Policies</U> &#150; (cont&#146;d)</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:72px; font-size:11pt"><U>Use of Estimates </U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying disclosures. Although these estimates are based on management's best knowledge of current events and actions the Company may undertake in the future, actual results may ultimately differ from the estimates. &nbsp;Management believes such estimates to be reasonable. </P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; text-indent:73.333px; font-size:11pt"><U>Mineral Property Costs</U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified. &nbsp;From that time forward, the Company will capitalize all costs to the extent that future cosh flows from mineral reserves equal or exceed the costs deferred. &nbsp;The deferred costs will be amortized over the recoverable reserves when a property reaches commercial production. &nbsp;Costs related to site restoration programs will be accrued over the life of the project. &nbsp;To date, the Company has not established any proven reserves on its mineral property.</P>
<P style="margin:0px"><BR>
</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt">Note 4</P>
<P style="line-height:13pt; margin:0px; text-indent:72px; font-size:11pt"><U>Mineral Property</U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt" align=justify>On April 18 2007, the Company purchased a mineral claim in the Province of British Columbia for $7,500. &nbsp;The claim will expire on June 26, 2008 unless the Company carries out assessment procedures as required by government.</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt" align=justify>Note 5</P>
<P style="line-height:13pt; margin:0px; text-indent:72px; font-size:11pt" align=justify><U>Accounts Payable and Accrued Liabilities</U> </P>
<P style="margin:0px" align=justify><BR>
</P>
<TABLE style="font-size:10pt" cellspacing=0>
  <TR height=0 style="font-size:0">
    <TD width=80.533></TD>
    <TD width=351></TD>
    <TD width=130.2></TD>
    <TD width=126></TD>
  </TR>
  <TR>
    <TD valign=top width=80.533><P>&nbsp;</P></TD>
    <TD valign=top width=351><P style="line-height:13pt; margin:0px; font-size:11pt" align=justify>Accrued professional fees payable</P></TD>
    <TD valign=top width=130.2><P style="margin:0px" align=justify><BR>
    </P></TD>
    <TD valign=top width=126><P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; text-indent:20.8px; font-size:11pt" align=justify>$</P>
        <P style="line-height:13pt; margin:0px; text-indent:66px; font-size:11pt" align=justify>1,000</P></TD>
  </TR>
  <TR>
    <TD valign=top width=80.533><P>&nbsp;</P></TD>
    <TD valign=top width=351><P>&nbsp;</P></TD>
    <TD valign=top width=130.2><P>&nbsp;</P></TD>
    <TD style="border-bottom:2px solid #000000" valign=top width=126><P style="margin:0px" align=justify><BR>
    </P></TD>
  </TR>
</TABLE>
<P style="margin:0px" align=justify><BR>
</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt" align=justify>Note 6</P>
<P style="line-height:13pt; margin:0px; text-indent:72px; font-size:11pt" align=justify><U>Due to Related Party</U></P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt" align=justify>The account represents company costs paid by a major shareholder and director. &nbsp;There is no interest or stated terms of repayment.</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="margin:0px" align=justify><BR>
</P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always" align=justify><BR>
</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">Atlantic Resources Inc.</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">(An Exploration Stage Company)</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">Notes to the Interim Financial Statements</P>
<P style="line-height:13pt; margin:0px; font-size:11pt">October 31, 2007</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="line-height:13pt; margin-top:0px; margin-bottom:-17.333px; font-size:11pt" align=justify>Note 7</P>
<P style="line-height:13pt; margin:0px; text-indent:72px; font-size:11pt" align=justify><U>Capital Stock </U></P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">On March 12, 2007, the Company issued 3,000,000 common shares for $3,000 in cash to the sole director.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">On March 14, 2007, the Company issued 1,200,000 common shares for $1,200 in cash.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">On April 26, 2007, the Company issued 500,000 common shares for $25,000 in cash.</P>
<P style="margin:0px"><BR>
</P>
<P style="line-height:13pt; margin:0px; padding-left:73.333px; font-size:11pt">There are no shares subject to options, warrants or other agreements as at October 31, 2007.</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="margin:0px" align=justify><BR>
</P>
<P style="MARGIN: 0px" align=justify>&nbsp; </P>
<HR noshade align="center" width="100%" size=1 style="page-break-after:always;">

<!--$$/page=--><A name=page_21></A>
<P align=left><B><FONT size=2>Plan Of Operations</FONT></B></P>
<P align=left><FONT size=2>Our plan of operation for the twelve months following
the date of this prospectus is to complete the geologist recommended exploration
work on the Vic Vein Mining claim consisting of grid emplacement, concentrated
geological mapping and sampling, geophysical surveys and an initial drill hole.
We estimate that the cost of this entire program, which we will conduct in
phases, will be approximately $50,000.</FONT></P>
<P align=left><FONT size=2>We intend to commence the initial phase of
exploration in the spring of 2008 and anticipate that it will be completed by
the summer of 2008, including the interpretation of all data collected. As well,
we anticipate spending an additional $15,000 on administrative fees, including
fees payable in connection with the filing of this registration statement and
complying with reporting obligations. Total expenditures over the next 12 months
are therefore expected to be $65,000.</FONT></P>
<P align=left><FONT size=2>While we have enough funds to cover the anticipated
exploration expenses associated with the first phase of the exploration program,
we will require additional funding in order to proceed with additional
exploration on the Vic Vein claim and to cover administrative expenses. We
anticipate that additional funding will be in the form of equity financing from
the sale of our common stock or from director loans. We do not have any
arrangements in place for any future equity financing or loans.</FONT></P>
<P align=left><B><FONT size=2>Results Of Operations For The Period From
Inception Through October 31, 2007</FONT></B></P>
<P align=left><FONT size=2>We have not earned any revenues from our
incorporation on February 9, 2007 to October 31, 2007. We do not anticipate
earning revenues unless we enter into commercial production on the Vic Vein
claim, which is doubtful. We have not commenced the exploration stage of our
business and can provide no assurance that we will discover economic
mineralization on the Vic Vein claim, or if such minerals are discovered, that
we will enter into commercial production.</FONT></P>
<P align=left><FONT size=2>We incurred operating expenses in the amount of
$9,059 for the period from our inception on February 9, 2007 to October 31,
2007. These operating expenses were comprised of mineral property acquisition
costs of $7,500, legal and accounting fees of $1,000, organizational costs of
$500 and office and sundry fees of $59.</FONT></P>
<P align=left><FONT size=2>We have not attained profitable operations and are
dependent upon obtaining financing to pursue exploration activities. For these
reasons our auditors believe that there is substantial doubt that we will be
able to continue as a going concern.</FONT></P>
<P align=center><B><FONT size=2>Changes In And Disagreements With Accountants on
Accounting and Financial Disclosure</FONT></B></P>
<P align=left><FONT size=2>We have had no changes in or disagreements with our
accountants.</FONT></P>
<P align=center><B><FONT size=2>Directors, Executive Officers, Promoters And
Control Persons</FONT></B></P>
<P align=left><FONT size=2>Our executive officers and directors and their age as
of the date of this prospectus is as follows:</FONT></P>
<P align=left><B><FONT size=2>Directors:</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT
      size=2>Name of Director</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="60%"><B><FONT size=2>Age</FONT></B> </TD>
    <TD align=left width="20%" bgColor=#ffffff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      bgColor=#eeeeee><FONT size=2>Raffi Khorchidian</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="60%"
    bgColor=#eeeeee><FONT size=2>41</FONT> </TD>
    <TD align=left width="20%" bgColor=#ffffff>&nbsp;</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_22></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B><FONT size=2>Executive Officers:</FONT></B> </TD>
    <TD align=left width="30%" >&nbsp; </TD>
    <TD align=left width="30%" >&nbsp; </TD>
    <TD align=left width="10%"  bgColor=#ffffff
    >&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="30%" >&nbsp; </TD>
    <TD width="30%" >&nbsp; </TD>
    <TD width="10%"  bgColor=#ffffff >&nbsp;.</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT
      size=2>Name of Officer</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"
    ><B><FONT size=2>Age</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"
    ><B><FONT size=2>Office</FONT></B> </TD>
    <TD align=left width="10%"  bgColor=#ffffff
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      bgColor=#eeeeee><FONT size=2>Raffi Khorchidian</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"
    bgColor=#eeeeee ><FONT size=2>41</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"
    bgColor=#eeeeee ><FONT size=2>President and Chief Executive
      Officer</FONT> </TD>
    <TD align=left width="10%"  bgColor=#ffffff
    >&nbsp;</TD></TR></TABLE>
<P align=left><B><FONT size=2>Biographical Information</FONT></B></P>
<P align=left><FONT size=2>Set forth below is a brief description of the
background and business experience of our executive officer and director for the
past five years.</FONT></P>
<P align=left><B><FONT size=2>Mr. Raffi Khorchidian </FONT></B><FONT size=2>has
acted as our president, chief executive officer and as a director since our
incorporation on February 9, 2007. Mr. Khorchidian has been the owner and
founder, sole director and shareholder of Graffico. His positions with Graffico
have been his principal occupation over the past 15 years. Raffi Khorchidian has
over 25 years of experience in the print industry in all aspects of print sales,
production and marketing.</FONT></P>
<P align=left><FONT size=2>Mr. Khorchidian does not have any professional
training or technical credentials in the exploration, development and operation
of mines.</FONT></P>
<P align=left><FONT size=2>Mr.Khorchidian intends to devote approximately 30% of
his business time to our affairs.</FONT></P>
<P align=left><B><FONT size=2>Term of Office</FONT></B></P>
<P align=left><FONT size=2>Our director is appointed for a one-year term to hold
office until the next annual general meeting of our shareholders or until
removed from office in accordance with our bylaws. Our officers are appointed by
our board of directors and hold office until removed by the board.</FONT></P>
<P align=left><B><FONT size=2>Significant Employees</FONT></B></P>
<P align=left><FONT size=2>We have no significant employees other than the
officers and directors described above.</FONT></P>
<P align=left><B><FONT size=2>Stock Option Grants</FONT></B></P>
<P align=left><FONT size=2>We have not granted any stock options to the
executive officers since our inception.</FONT></P>
<P align=left><B><FONT size=2>Consulting Agreements</FONT></B></P>
<P align=left><FONT size=2>We do not have any employment or consulting agreement
with our directors or officers. We do not pay Mr. Raffi Khorchidian any amount
for acting as director of the Company. </FONT></P>
<P align=center><B><FONT size=2>Executive Compensation</FONT></B></P>
<P align=left><B><FONT size=2>Summary Compensation Table</FONT></B></P>
<P align=left><FONT size=2>The table below summarizes all compensation awarded
to, earned by, or paid to our executive officers by any person for all services
rendered in all capacities to us for the fiscal period from our inception on
February 9, 2007 to July 31, 2007 and the subsequent period to the date of this
prospectus.</FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_23></A>
<P align=center><B><FONT size=2>Annual Compensation</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 8pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%"><B><FONT size=2>Restr</FONT></B> </TD>
    <TD align=center width="10%"><B><FONT size=2>Options/</FONT></B> </TD>
    <TD align=center width="10%"><B><FONT size=2>LTP</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%"><B><FONT size=2>Other</FONT></B> </TD>
    <TD align=center width="10%"><B><FONT size=2>Stock</FONT></B> </TD>
    <TD align=center width="10%"><B><FONT size=2>SARS (#)</FONT></B> </TD>
    <TD align=center width="10%"><B><FONT size=2>payouts</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT
      size=2>Name</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="10%"><B><FONT size=2>Title</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>Year</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>Salary</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>Bonus</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>Comp.</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>Awarded</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%"><B><FONT size=2>($)</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Raffi</FONT> </TD>
    <TD align=left width="10%"><FONT size=2>President</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>2008</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>$0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>$0</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Khorchidian</FONT> </TD>
    <TD align=left width="10%"><FONT size=2>CEO,</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>2007</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>$0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>0</FONT> </TD>
    <TD align=center width="10%"><FONT size=2>$0</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="10%"><FONT size=2>Secretary,</FONT> </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="10%"><FONT size=2>Treasurer</FONT> </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD>
    <TD align=center width="10%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="10%"><FONT
      size=2>&amp; Director</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="10%">&nbsp; </TD></TR></TABLE>
<P align=left><B><FONT size=2>Security Ownership Of Certain Beneficial Owners
And Management</FONT></B></P>
<P align=left><FONT size=2>The following table provides the names and addresses
of each person known to us to own more than 5% of our outstanding common stock
as of the date of this prospectus, and by the officers and directors,
individually and as a group. Except as otherwise indicated, all shares are owned
directly.</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT
      size=2>Title of Class</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="30%"><B><FONT size=2>Name of beneficial owner</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="25%"><B><FONT size=2>Amount of</FONT></B> <B><FONT
      size=2>beneficial</FONT></B> <B><FONT size=2>ownership</FONT></B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      width="20%"><B><FONT size=2>Percent of</FONT></B> <B><FONT
      size=2>class</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
      bgColor=#eeeeee><FONT size=2>Common stock</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"
    bgColor=#eeeeee><FONT size=2>Raffi Khorchidian</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="25%"
    bgColor=#eeeeee><FONT size=2>3,000,000</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center width="20%"
    bgColor=#eeeeee><FONT size=2>63.83%</FONT> </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT
      size=2>Common stock</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="30%"><FONT
      size=2>All officers and directors as a group that consists</FONT> <FONT
      size=2>of one person</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="25%"><FONT size=2>3,000,000</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="20%"><FONT size=2>63.83%</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>The percent of class is based on 4,700,000 shares of
common stock issued and outstanding as of the date of this
prospectus.</FONT></P>
<P align=left><B><FONT size=2>Certain Relationships And Related
Transactions</FONT></B></P>
<P align=left><FONT size=2>None of the following parties has, since our date of
incorporation, had any material interest, direct or indirect, in any transaction
with us or in any presently proposed transaction that has or will materially
affect us:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD vAlign=top width="5%"><FONT size=2>*</FONT> </TD>
    <TD><FONT size=2>Any of our directors or officers;</FONT> </TD></TR>
  <TR>
    <TD vAlign=top width="5%"><FONT size=2>*</FONT> </TD>
    <TD><FONT size=2>Any person proposed as a nominee for election as a
      director;</FONT> </TD></TR>
  <TR>
    <TD vAlign=top width="5%"><FONT size=2>*</FONT> </TD>
    <TD><FONT size=2>Any person who beneficially owns, directly or indirectly,
      shares carrying more than 10% of the voting rights attached to our
      outstanding shares of common stock;</FONT> </TD></TR>
  <TR>
    <TD vAlign=top width="5%"><FONT size=2>*</FONT> </TD>
    <TD><FONT size=2>Our promoter, Raffi Khorchidian;</FONT> </TD></TR>
  <TR>
    <TD vAlign=top width="5%"><FONT size=2>*</FONT> </TD>
    <TD><FONT size=2>Any member of the immediate family of any of the
      foregoing persons.</FONT> </TD></TR></TABLE>
<P align=left><B><FONT size=2>Disclosure Of Commission Position Of
Indemnification For Securities Act Liabilities</FONT></B></P>
<P align=left><FONT size=2>Our directors and officers are indemnified as
provided by the Nevada Revised Statutes and our Bylaws. These provisions provide
that we shall indemnify a director or former director against all expenses
incurred by him by reason of him acting in that position. The director may also
cause us to indemnify an officer, employee or agent in the same fashion.
</FONT></P>
<P align=left><FONT size=2>We have been advised that in the opinion of the
Securities and Exchange Commission </FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_24></A>
<P align=left><FONT size=2>indemnification for liabilities arising under the
Securities Act is against public policy as expressed in the Securities Act, and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities is asserted by one of our directors, officers, or
controlling persons in connection with the securities being registered, we will,
unless in the opinion of our legal counsel the matter has been settled by
controlling precedent, submit the question of whether such indemnification is
against public policy to a court of appropriate jurisdiction. We will then be
governed by the court's decision.</FONT></P>
<P align=left><FONT size=2>Until ______________, all dealers that effect
transactions in these securities whether or not participating in this offering,
may be required to deliver a prospectus. This is in addition to the dealer's
obligation to deliver a prospectus when acting as underwriters and with respect
to their unsold allotments or subscriptions.</FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_25></A>
<P align=center><B><FONT size=2>Part II</FONT></B></P>
<P align=center><B><FONT size=2>Information Not Required In The
Prospectus</FONT></B></P>
<P align=left><B><FONT size=2>Other Expenses Of Issuance And
Distribution</FONT></B></P>
<P align=left><FONT size=2>The estimated costs of this offering are as
follows:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Securities and Exchange
      Commission registration fee</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff><FONT
      size=2>$</FONT></TD>
    <TD align=right width="15%" bgColor=#e6efff ><FONT
      size=2>&nbsp;9.10</FONT> </TD>
    <TD align=left width="2%"  bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Transfer Agent fees</FONT> </TD>
    <TD align=left width="1%" ><FONT size=2>$</FONT></TD>
    <TD align=right width="15%" ><FONT
      size=2>&nbsp;1,000.00</FONT> </TD>
    <TD align=left width="2%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Accounting and auditing fees
      and expenses</FONT> </TD>
    <TD align=left width="1%"  bgColor=#e6efff><FONT
      size=2>$</FONT></TD>
    <TD align=right width="15%" bgColor=#e6efff ><FONT
      size=2>&nbsp;6,500.00</FONT> </TD>
    <TD align=left width="2%"  bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Legal fees and expenses</FONT> </TD>
    <TD align=left width="1%" ><FONT size=2>$</FONT></TD>
    <TD align=right width="15%" ><FONT
      size=2>&nbsp;1,500.00</FONT> </TD>
    <TD align=left width="2%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#e6efff><FONT size=2>Edgar filing fees</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="1%"
     bgColor=#e6efff><FONT size=2>$</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right width="15%"
    bgColor=#e6efff ><FONT size=2>&nbsp;1,000.00</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="2%"
     bgColor=#e6efff>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Total</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="1%"
    ><FONT size=2>$</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=right width="15%"
    ><FONT size=2>10,009.14</FONT> </TD>
    <TD style="BORDER-BOTTOM: #000000 3px double" align=left width="2%"
    >&nbsp;</TD></TR></TABLE>
<P align=left><FONT size=2>All amounts are estimates other than the Commission's
registration fee.</FONT></P>
<P align=left><FONT size=2>We are paying all expenses of the offering listed
above. No portion of these expenses will be borne by the selling shareholders.
The selling shareholders, however, will pay any other expenses incurred in
selling their common stock, including any brokerage commissions or costs of
sale.</FONT></P>
<P align=left><B><FONT size=2>Indemnification Of Directors And
Officers</FONT></B></P>
<P align=left><FONT size=2>Our officers and directors are indemnified as
provided by the Nevada Revised Statutes (the &#147;NRS&#148;) and our bylaws.</FONT></P>
<P align=left><FONT size=2>Under the NRS, director immunity from liability to a
company or its shareholders for monetary liabilities applies automatically
unless it is specifically limited by a company's articles of incorporation that
is not the case with our articles of incorporation. Excepted from that immunity
are: </FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(1)</FONT> </TD>
    <TD><FONT size=2>a willful failure to deal fairly with the company or its
      shareholders in connection with a matter in which the director has a
      material conflict of interest;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(2)</FONT> </TD>
    <TD><FONT size=2>a violation of criminal law (unless the director had
      reasonable cause to believe that his or her conduct was lawful or no
      reasonable cause to believe that his or her conduct was unlawful);</FONT>
    </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(3)</FONT> </TD>
    <TD><FONT size=2>a transaction from which the director derived an improper
      personal profit; and</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(4)</FONT> </TD>
    <TD><FONT size=2>willful misconduct.</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>Our bylaws provide that we will indemnify our
directors and officers to the fullest extent not prohibited by Nevada law;
provided, however, that we may modify the extent of such indemnification by
individual contracts with our directors and officers; and, provided, further,
that we shall not be required to indemnify any director or officer in connection
with any proceeding (or part thereof) initiated by such person unless:
</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(1)</FONT> </TD>
    <TD><FONT size=2>such indemnification is expressly required to be made by
      law;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(2)</FONT> </TD>
    <TD><FONT size=2>the proceeding was authorized by our Board of
      Directors;</FONT> </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(3)</FONT> </TD>
    <TD><FONT size=2>such indemnification is provided by us, in our sole
      discretion, pursuant to the powers vested us under Nevada law; or</FONT>
    </TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_26></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%"  >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>(4)</FONT> </TD>
    <TD><FONT size=2>such indemnification is required to be made pursuant to
      the bylaws.</FONT> </TD></TR></TABLE>
<P align=left><FONT size=2>Our bylaws provide that we will advance all expenses
incurred to 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, by reason of the fact that he
is or was our director or officer, or is or was serving at our request as a
director or executive officer of another company, partnership, joint venture,
trust or other enterprise, prior to the final disposition of the proceeding,
promptly following request. This advanced of expenses is to be made upon receipt
of an undertaking by or on behalf of such person to repay said amounts should it
be ultimately determined that the person was not entitled to be indemnified
under our bylaws or otherwise.</FONT></P>
<P align=left><FONT size=2>Our bylaws also provide that no advance shall be made
by us to any officer in any action, suit or proceeding, whether civil, criminal,
administrative or investigative, if a determination is reasonably and promptly
made: (a) by the board of directors by a majority vote of a quorum consisting of
directors who were not parties to the proceeding; or (b) if such quorum is not
obtainable, or, even if obtainable, a quorum of disinterested directors so
directs, by independent legal counsel in a written opinion, that the facts known
to the decision- making party at the time such determination is made demonstrate
clearly and convincingly that such person acted in bad faith or in a manner that
such person did not believe to be in or not opposed to our best
interests.</FONT></P>
<P align=left><B><FONT size=2>Recent Sales Of Unregistered
Securities</FONT></B></P>
<P align=left><FONT size=2>We completed an offering of 3,000,000 shares of our
common stock at a price of $0.001 per share to our president, Raffi Khorchidian,
on March 12, 2007. The total amount received from this offering was $3,000.
These shares were issued pursuant to Regulation S of the Securities
Act.</FONT></P>
<P align=left><FONT size=2>We completed an offering of 1,200,000 shares of our
common stock at a price of $0.001 per share to a total of six purchasers on
March 14, 2007. The total amount received from this offering was $1,200. These
shares were issued pursuant to Regulation S of the Securities Act. The
purchasers in this offering were as follows:</FONT></P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="60%" border=0>

  <TR vAlign=top>
    <TD align=left><B><FONT size=2>Name of Subscriber</FONT></B> </TD>
    <TD align=left width="30%" ><B><FONT size=2>Number of
      Shares</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Ophelia Sahakian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>200,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Levon Khorchidian</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>200,000</FONT>
</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Vartouhy Khorchidian</FONT>
</TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>200,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Patricia Comeau</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>200,000</FONT>
</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Alan Sahakian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>200,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Taline Giragosian</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>200,000</FONT>
  </TD></TR></TABLE></DIV>
<P align=left><FONT size=2>We completed an offering of 500,000 shares of our
common stock at a price of $0.05 per share to a total of 25 purchasers on April
26, 2007. The total amount received from this offering was $25,000. We completed
this offering pursuant to Regulation S of the Securities Act. The purchasers in
this offering were as follows:</FONT></P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="60%" border=0>

  <TR vAlign=top>
    <TD align=left><B><FONT size=2>Name of Subscriber</FONT></B> </TD>
    <TD align=left width="30%" ><B><FONT size=2>Number of
      Shares</FONT></B> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Rob Oslic</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Henry Peters</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Jack Khorchidian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Laura Oslic</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Jim Platis</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Loutfig Demirjian</FONT> </TD>
    <TD align=left width="30%" ><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Raffi Donabedian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee ><FONT
      size=1>20,000</FONT> </TD></TR></TABLE></DIV><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_27></A><BR>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="60%" border=0>

  <TR vAlign=top>
    <TD align=left><FONT size=1>Garine Demirjian</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Patty Yeterian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Jean Jacques Donabedian</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Zare Giragosian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Dick Lau</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Bobbie Brockelmann</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Sossi Dakessian</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Vahik Sahakian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Remon Jubran</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>John Arabatlian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Tamar Demirdjian</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Marcello Leone</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Carla Leone</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Kevin White</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Sean Comeau</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Rob Harris</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR>
  <TR vAlign=top>
    <TD align=left><FONT size=1>Randall Andrus</FONT> </TD>
    <TD align=left width="30%"><FONT size=1>20,000</FONT> </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><FONT size=1>Aghavne Sahakian</FONT> </TD>
    <TD align=left width="30%" bgColor=#eeeeee><FONT size=1>20,000</FONT>
  </TD></TR></TABLE></DIV>
<P align=left><B><FONT size=2>Regulation S Compliance</FONT></B></P>
<P align=left><FONT size=2>Each offer or sale was made in an offshore
transaction;</FONT></P>
<P align=left><FONT size=2>Neither we, a distributor, any respective affiliates
nor any person on behalf of any of the foregoing made any directed selling
efforts in the United States; </FONT></P>
<P align=left><FONT size=2>Offering restrictions were, and are,
implemented;</FONT></P>
<P align=left><FONT size=2>No offer or sale was made to a U.S. person or for the
account or benefit of a U.S. person; </FONT></P>
<P align=left><FONT size=2>Each purchaser of the securities certifies that it
was not a U.S. person and was not acquiring the securities for the account or
benefit of any U.S. person;</FONT></P>
<P align=left><FONT size=2>Each purchaser of the securities agreed to resell
such securities only in accordance with the provisions of Regulation S, pursuant
to registration under the Act, or pursuant to an available exemption from
registration; and agreed not to engage in hedging transactions with regard to
such securities unless in compliance with the Act;</FONT></P>
<P align=left><FONT size=2>The securities contain a legend to the effect that
transfer is prohibited except in accordance with the provisions of Regulation S,
pursuant to registration under the Act, or pursuant to an available exemption
from registration; and that hedging transactions involving those securities may
not be conducted unless in compliance with the Act; and</FONT></P>
<P align=left><FONT size=2>We are required, either by contract or a provision in
its bylaws, articles, charter or comparable document, to refuse to register any
transfer of the securities not made in accordance with the provisions of
Regulation S pursuant to registration under the Act, or pursuant to an available
exemption from registration; provided, however, that if any law of any Canadian
province prevents us from refusing to register securities transfers, other
reasonable procedures, such as a legend described in paragraph (b)(3)(iii)(B)(3)
of Regulation S have been implemented to prevent any transfer of the securities
not made in accordance with the provisions of Regulation S.</FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_28></A>
<P align=left><B><FONT size=2>Exhibits</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><FONT size=2>Exhibit</FONT> </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="80%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left><U><FONT size=2>Number</FONT></U> </TD>
    <TD align=left width="5%">&nbsp;</TD>
    <TD align=left width="80%"><U><FONT size=2>Description</FONT></U> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><a href="exhibit3-1.htm"><FONT size=2>3.1</FONT> </a></TD>
    <TD align=left width="5%" bgColor=#eeeeee><a href="exhibit3-1.htm"></a></TD>
    <TD align=left width="80%" bgColor=#eeeeee><a href="exhibit3-1.htm"><FONT size=2>Articles of
      Incorporation</FONT> </a></TD>
  </TR>
  <TR vAlign=top>
    <TD align=left><a href="exhibit3-2.htm"><FONT size=2>3.2</FONT> </a></TD>
    <TD align=left width="5%"><a href="exhibit3-2.htm"></a></TD>
    <TD align=left width="80%"><a href="exhibit3-2.htm"><FONT size=2>Bylaws</FONT> </a></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><a href="exhibit5-1.htm"><FONT size=2>5.1</FONT> </a></TD>
    <TD align=left width="5%" bgColor=#eeeeee><a href="exhibit5-1.htm"></a></TD>
    <TD align=left width="80%" bgColor=#eeeeee><a href="exhibit5-1.htm"><FONT size=2>Legal opinion with
      consent to use</FONT> </a></TD></TR>
  <TR vAlign=top>
    <TD align=left><a href="exhibit10-1.htm"><FONT size=2>10.1</FONT> </a></TD>
    <TD align=left width="5%"><a href="exhibit10-1.htm"></a></TD>
    <TD align=left width="80%"><a href="exhibit10-1.htm"><FONT size=2>Mineral property agreement dated
      April 18, 2007</FONT> </a></TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee><a href="exhibit23-1.htm"><FONT size=2>23.1</FONT> </a></TD>
    <TD align=left width="5%" bgColor=#eeeeee><a href="exhibit23-1.htm"></a></TD>
    <TD align=left width="80%" bgColor=#eeeeee><a href="exhibit23-1.htm"><FONT size=2>Consent of K.R.
      Margetson Ltd., Certified Public Accountant</FONT> </a></TD></TR>
  <TR vAlign=top>
    <TD align=left><a href="exhibit99-1.htm"><FONT size=2>99.1</FONT> </a></TD>
    <TD align=left width="5%"><a href="exhibit99-1.htm"></a></TD>
    <TD align=left width="80%"><a href="exhibit99-1.htm"><FONT size=2>Location map</FONT>
    </a></TD></TR></TABLE>
<P align=left><B><FONT size=2>The undersigned registrant hereby
undertakes:</FONT></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>1.</FONT> </TD>
    <TD><FONT size=2>To file, during any period in which it offers or sells
      securities, a post-effective amendment to this registration statement
      to:</FONT> </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="10%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>a.</FONT> </TD>
    <TD><FONT size=2>include any prospectus required by Section 10(a)(3) of
      the Securities Act of 1933;</FONT> </TD></TR>
  <TR>
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>b.</FONT> </TD>
    <TD><FONT size=2>reflect in the prospectus any facts or events which,
      individually or together, represent a fundamental change in the
      information set forth in this registration statement; and notwithstanding
      the forgoing, any increase or decrease in volume of securities offered (if
      the total dollar value of 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
      prospectus filed with the commission pursuant to Rule 424(b) if, in the
      aggregate, the changes in the volume and price represent no more than a
      20% change in the maximum aggregate offering price set forth in the
      &#147;Calculation of Registration Fee&#148; table in the effective registration
      Statement; and</FONT> </TD></TR>
  <TR>
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="10%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>c.</FONT> </TD>
    <TD><FONT size=2>include any additional or changed material information on
      the plan of distribution.</FONT> </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0 BCLLIST>

  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>2.</FONT> </TD>
    <TD><FONT size=2>That, for the purpose of determining any liability under
      the Securities Act, each such post-effective amendment shall be deemed to
      be a new registration statement relating to the securities offered herein,
      and the offering of such securities at that time shall be deemed to be the
      initial bona fide offering thereof.</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>3.</FONT> </TD>
    <TD><FONT size=2>To remove from registration by means of a post-effective
      amendment any of the securities being registered hereby which remain
      unsold at the termination of the offering.</FONT> </TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD vAlign=top width="5%"><FONT size=2>4.</FONT> </TD>
    <TD><FONT size=2>That, for determining our liability under the Securities
      Act to any purchaser in the initial distribution of the securities, we
      undertake that in a primary offering of our securities 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, we will be
      a seller to the purchaser and will be considered to offer or sell such
      securities to such purchaser:</FONT> </TD></TR></TABLE>
<P style="MARGIN-LEFT: 10%" align=justify><FONT size=2>(i) any preliminary
prospectus or prospectus that we file relating to the offering required to be
filed pursuant to Rule 424 (Section 230.424 of this chapter); </FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_29></A>
<P style="MARGIN-LEFT: 10%" align=left><FONT size=2>(ii) any free writing
prospectus relating to the offering prepared by or on our behalf or used or
referred to by us;</FONT></P>
<P style="MARGIN-LEFT: 10%" align=left><FONT size=2>(iii) the portion of any
other free writing prospectus relating to the offering containing material
information about us or our securities provided by or on behalf of us;
and</FONT></P>
<P style="MARGIN-LEFT: 10%" align=left><FONT size=2>(iv) any other communication
that is an offer in the offering made by us to the purchaser.</FONT></P>
<P align=left><FONT size=2>Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to our directors, officers and
controlling persons pursuant to the provisions above, or otherwise, we have been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act, and
is, therefore, unenforceable.</FONT></P>
<P align=left><FONT size=2>In the event that a claim for indemnification against
such liabilities, other than the payment by us of expenses incurred or paid by
one of our directors, officers, or controlling persons in the successful defense
of any action, suit or proceeding, is asserted by one of our directors,
officers, or controlling person sin connection with the securities being
registered, we will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification is against public policy as expressed
in the Securities Act, and we will be governed by the final adjudication of such
issue.</FONT></P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" noShade SIZE=1>
<!--$$/page=--><A name=page_30></A>
<P align=left><B><FONT size=2>Signatures</FONT></B></P>
<P align=left><FONT size=2>Pursuant to the requirements of the Securities Act of
1933, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto authorized in the City of Vancouver,
Province of British Columbia on February 19, 2007.</FONT></P>
<P align=left><B><FONT size=2>Atlantic Resources Inc.</FONT></B></P>
<P align=left><FONT size=2>By: /s/ Raffi Khorchidian
<BR>-------------------------------------<BR>Raffi Khorchidian</FONT></P>
<P align=left><FONT size=2>President, Chief Executive Officer and
Director</FONT></P>
<P align=left><FONT size=2>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:</FONT></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B><FONT size=2>SIGNATURE</FONT></B> </TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="31%"><B><FONT size=2>CAPACITY IN WHICH
      SIGNED</FONT></B> </TD>
    <TD align=left width="31%"><B><FONT size=2>DATE</FONT></B> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%"  >&nbsp;</TD>
    <TD width="31%">&nbsp; </TD>
    <TD width="31%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=2>/s/
      Raffi Khorchidian</FONT> </TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="31%"><FONT size=2>President, Chief Executive
      Officer,</FONT> </TD>
    <TD align=left width="31%"><FONT size=2>February 19, 2007</FONT> </TD>
  </TR>
  <TR vAlign=top>
    <TD align=left><FONT size=2>Raffi Khorchidian</FONT> </TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="31%"><FONT size=2>Secretary, Treasurer,
      principal</FONT> </TD>
    <TD align=left width="31%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="31%"><FONT size=2>accounting officer, principal
      financial</FONT> </TD>
    <TD align=left width="31%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="5%"  >&nbsp;</TD>
    <TD align=left width="31%"><FONT size=2>officer and Director</FONT> </TD>
    <TD align=left width="31%">&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" color=black noShade SIZE=5>

</BODY>

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{"company-data": {"conformed-name": "Atlantic Resources Inc.", "cik": "0001424864", "assigned-sic": "1000", "irs-number": "000000000", "state-of-incorporation": "NV", "fiscal-year-end": "0731"}, "filing-values": {"form-type": "S-1", "act": "33", "file-number": "333-149299", "film-number": "08627385"}, "business-address": {"street1": "606 - 610 GRANVILLE STREET", "city": "VANCOUVER", "state": "A1", "zip": "V6C 3T3", "phone": "604-568-0059"}, "mail-address": {"street1": "606 - 610 GRANVILLE STREET", "city": "VANCOUVER", "state": "A1", "zip": "V6C 3T3"}}
Filed by EDF Electronic Data Filing Inc. (604) 879.9956 - Atlantic Resources - Form S-1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT
OF 1933
ATLANTIC RESOURCES INC.
---------------------------
(Exact name of registrant as specified in its
charter)
NEVADA
1000
Pending
State or
      jurisdiction of
Primary Standard
      Industrial
I.R.S. Employer
      Identification
incorporation or
      organization
Classification
      Code Number
Number
Atlantic Resources
Inc.
#606 - 610 Granville St.
Vancouver, B.C. V6C 3T3
Telephone:
604-568-0059
Facsimile: 604-568-0061
--------------------------------------------------------------
(Address
and telephone number of principal executive offices)
Corp 95
2620 Regatta Dr.
Suite 102
Las Vegas, Nevada, 89128
Telephone: 949-487-2436
Facsimile: 949-218-4176
--------------------------------------------------------------
(Name,
address and telephone number of agent for service)
Approximate date of
as soon as practicable after the
      effective date of
this proposed sale to the public:
Registration Statement.
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,
please check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same
offering. |   |
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. |   |
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. |   |
Indicate by check mark whether the registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, or a
small 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
|  
      |
Accelerated
      filer
| 
       |
Non-accelerated
      filer
|  
      |
Smaller reporting
      company
| X |
CALCULATION OF REGISTRATION
      FEE
TITLE OF EACH
AMOUNT TO BE
PROPOSED
PROPOSED
AMOUNT OF
CLASS OF
REGISTERED
MAXIUM
MAXIMUM
REGISTRATION
SECURITIES TO
OFFERING
AGGREGATE
FEE (2)
BE REGISTERED
PRICE PER
OFFERING
SHARE (1)
PRICE (2)
Common Stock
$85,000
$0.05
$85,000
$9.10
(1)
Based on the last sales price on April 26, 2007.
(2)
Estimated solely for the purpose of calculating the
      registration fee in accordance with Rule 457 under the Securities
      Act.
The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date
until the registrant 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 Section 8(a), may determine.
SUBJECT TO COMPLETION, Dated February 19,
2007
PROSPECTUS
ATLANTIC RESOURCES
INC.
1,700,000 SHARES
COMMON
STOCK
----------------
The selling shareholders named in this prospectus are
offering all of the shares of common stock offered through this
prospectus.
Our common stock is presently not traded on any
market or securities exchange.
----------------
The purchase of the securities offered through
this prospectus involves a high degree of risk. See Section Entitled "Risk
Factors" on pages 6-8.
The information in this prospectus is not complete
and may be changed. We may not sell these securities until the registration
statement filed with the Securities and Exchange Commission is effective. This
prospectus is not an offer to sell these securities and it is not soliciting an
offer to buy these securities in any state where the offer or sale is not
permitted
.
The selling shareholders will sell our shares at
$0.05 per share until our shares are quoted on the OTC Bulletin Board, and
thereafter at prevailing market prices or privately negotiated prices. We cannot
ensure that our shares will be quoted on the OTC Bulletin Board.
Neither the Securities and Exchange Commission nor
any state securities commission has approved or disapproved of these securities
or passed upon the adequacy or accuracy of this prospectus. Any representation
to the contrary is a criminal offense.
----------------
The Date Of This Prospectus Is: February 19,
2007
Table Of Contents
Page
Summary
5
Risk Factors
6
-1
If we
      do not obtain additional financing, our business will fail
6
-2
Because we have not commenced business operations, we face a high
      risk of business failure
6
-3
Because of the speculative nature of exploration of mining
      properties, there is substantial risk
that our
      business will fail
7
-4
Because
      our continuation as a going concern is in doubt, we will be forced to
      cease business
operations unless we can generate
      profit in the future.
7
-5
Because of the inherent dangers involved in mineral exploration,
      there is a risk that we may
incur liability or
      damages, which could hurt our financial position and possibly result in
      the failure of
our business.
7
-6
Even if we discover commercial reserves of precious metals on the
      Victoria Vein Mining claim,
we may not be able to
      successfully obtain commercial production
7
-8
Because our directors have other business interests, they may not
      be able or willing to devote
a sufficient amount of
      time to our business operations, causing our business to fail
8
-9
Because our directors have no technical experience in mineral
      exploration, our business has a
high risk of
      failure
8
-10
If a market for our common stock does not develop, shareholders may
      be unable to sell their
shares and will incur losses
      as a result
8
-11
A
      purchaser is purchasing penny stock which limits the ability to sell
      stock
8
Use of Proceeds
8
Determination of Offering Price
9
Dilution
9
Selling Securityholders
9
Plan of Distribution
11
Legal Proceedings
13
Directors, Executive Officers, Promoters and Control Persons
13
Security Ownership of Certain Beneficial Owners and
      Management
14
Description of Securities
15
Interest of Named Experts and Counsel
16
Disclosure of Commission Position of Indemnification for Securities
      Act Liabilities
16
Organization Within Last Five Years
16
Description of Business
16
Compliance with Government Regulation
19
Plan of Operations
21
Description of Property
22
Certain Relationships and Related Transactions
22
Market for Common Equity and Related Stockholder Matters
22
Executive Compensation
23
Financial Statements
23
Changes in and Disagreements with Accountants on Accounting and
      Financial Disclosure
25
Summary
Prospective investors are urged to read this
prospectus in its entirety.
We intend to be in the business of mineral property
exploration. To date, we have not conducted any exploration on our sole
exploration target, the Victoria Vein Mining claim, which is located about 8
kilometers northwest of the north end of Tatlayoko Lake, approximately 250
kilometers west of Williams Lake, British Columbia, Canada. We acquired the
property from 1698727 Ontario Inc. for $7,500.
Our objective is to conduct mineral exploration
activities on the Victoria Vein Mining claim in order to assess whether it
possesses economic reserves of gold. We have not yet identified any economic
mineralization on the Victoria Vein Mining claim. Our proposed exploration
program is designed to search for an economic mineral deposit.
We were incorporated on February 9, 2007, under the
laws of the state of Nevada. Our principal offices are located at # 606-610
Granville St., Vancouver, British Columbia Canada V6C 3T3. Our telephone number
is (604) 568-0059.
The Offering
:
Securities Being
      Offered
Up
      to 1,700,000 shares of common stock.
Offering Price
The
      selling shareholders will sell our shares at $0.05 per share until
our shares are quoted on the OTC Bulletin Board, and
      thereafter at
prevailing market prices or privately
      negotiated prices. We cannot
ensure that our shares
      will be quoted on the OTC Bulletin Board.
We
      determined this offering price based upon the price of the last
sale of our common stock to investors.
Terms of the
      Offering
The
      selling shareholders will determine when and how they will sell
the common stock offered in this prospectus.
Termination of the
      Offering
The
      offering will conclude when all of the 1,700,000 shares of
common stock have been sold, the shares no longer need to be
registered to be sold or we decide to terminate the
      registration of the
shares.
Securities Issued and to
      be
Issued
4,700,000 shares of our common stock are issued and
      outstanding
as of the date of this prospectus. All of
      the common stock 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
by the selling shareholders.
Summary Financial Information
Balance Sheet
July 31,
      2007
October 31,
      2007
(audited)
(unaudited)
Cash
$
21,641
Total Assets
$
21,641
Liabilities
$
1,500
Total Stockholders' Equity
$
20,141
Statement of Operations
From Incorporation on
February 9, 2007 to October 31, 2007
(unaudited)
Revenue
$
0
Net Loss and Deficit
($9,059
)
Risk Factors
An investment in our common stock involves a high
degree of risk. The following is a discussion of all of the material risks
relating to the offering and our business. 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.
The trading price of our common stock could decline due to any of these risks,
and you may lose all or part of your investment.
If we do not obtain additional financing, our
business will fail.
Our current operating funds are less than necessary
to complete all intended exploration of the Vic Vein Mining claim, and therefore
we will need to obtain additional financing in order to complete our business
plan. We currently do not have any operations and we have no income. As well, we
will not receive any funds from this registration.
Our business plan calls for significant expenses in
connection with the exploration of the Vic Vein claim. While we have sufficient
funds to conduct initial exploration on the claim, we will need additional funds
to complete any additional recommended exploration. Even after completing
initial exploration, we will not know if we have a commercially viable mineral
deposit.
We will require additional financing to sustain our
business operations if we are not successful in earning revenues once
exploration is complete. We do not currently have any arrangements for financing
and may not be able to find such financing if required.
Because we have not commenced business operations,
we face a high risk of business failure.
We have not yet commenced exploration on the Vic Vein
Mining claim. Accordingly, we have no way to evaluate the likelihood that our
business will be successful. We were incorporated on February 9, 2007 and to
date have been involved primarily in organizational activities and the
acquisition of an interest in the Vic Vein claim. We have not earned any
revenues as of the date of this prospectus. Potential investors should be aware
of the difficulties normally encountered by new mineral exploration companies
and the high rate of failure of such enterprises. The likelihood of success must
be considered in light of the problems, expenses, difficulties, complications
and delays encountered in connection with the exploration of the mineral
properties that we plan to
undertake. These potential problems include, but are not limited to, unanticipated problems relating to exploration, and additional costs and expenses that may exceed current estimates.
Prior to completion of our exploration stage, we anticipate that we will incur increased operating expenses without realizing any revenues. We therefore expect to incur significant losses into the foreseeable future. We recognize that
if we are unable to generate significant revenues from development of the Vic Vein Mining claim and the production of minerals from the claim, we will not be able to earn profits or continue operations.
There is no history upon which to base any assumption as to the likelihood that we will prove successful, and it is doubtful that we will generate any operating revenues or ever achieve profitable operations. If we are unsuccessful in
addressing these risks, our business will most likely fail.
Because of the speculative nature of exploration of mining properties, there is a substantial risk that our business will fail.
The search for valuable minerals as a business is extremely risky. The likelihood of our mineral claim containing economic mineralization or reserves of gold is extremely remote. Exploration for minerals is a speculative venture
necessarily involving substantial risk. In all probability, the Vic Vein claim does not contain any reserves and funds that we spend on exploration will be lost. As well, problems such as unusual or unexpected formations and other conditions are
involved in mineral exploration and often result in unsuccessful exploration efforts. In such a case, we would be unable to complete our business plan.
Because our continuation as a going concern is in doubt, we will be forced to cease business operations unless we can generate profit in the future.
The report of our independent accountant to our audited financial statements for the period ended July 31, 2007 indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern.
Such factors identified in the report are that we have no source of revenue and our dependence upon obtaining adequate financing. If we are not able to continue as a going concern, it is likely investors will lose all of their investment.
Because of the inherent dangers involved in mineral exploration, there is a risk that we may incur liability or damages, which could hurt our financial position and possibly result in the failure of our business.
The search for valuable minerals involves numerous hazards. As a result, we may become subject to liability for such hazards, including pollution, cave-ins and other hazards against which we cannot insure or against which we may elect
not to insure. The payment of such liabilities may have a material adverse effect on our financial position.
Even if we discover commercial reserves of precious metals on the Vic Vein Mining claim, we may not be able to successfully commence commercial production.
The Vic Vein claim does not contain any known bodies of mineralization. If our exploration programs are successful in establishing quartz diorite and gold of commercial tonnage and grade, we will require additional funds in order to
place the Vic Vein claim into commercial production. We may not be able to obtain such financing.
Because our directors have other business interests, they may not be able or willing to devote a sufficient amount of time to our business operations, causing our business to fail.
Our president, Mr. Raffi Khorchidian, intends to devote approximately 30% of his business time
providing his services to us. While our director presently possess adequate time to attend to our interests, it is possible that the demands on our director from their other obligations could increase with the result that they would no
longer be able to devote sufficient time to the management of our business.
If a market for our common stock does not develop, shareholders may be unable to sell their shares and will incur losses as a result.
There is currently no market for our common stock and no certainty that a market will develop. We currently plan to apply for listing of our common stock on the over the counter bulletin board upon the effectiveness of the registration
statement, of which this prospectus forms a part. Our shares may never trade on the bulletin board. If no market is ever developed for our shares, it will be difficult for shareholders to sell their stock. In such a case, shareholders may find that
they are unable to achieve benefits from their investment.
A purchaser is purchasing penny stock which limits his or her ability to sell the stock.
The shares offered by this prospectus constitute penny stock under the Exchange Act. The shares will remain penny stock for the foreseeable future. The classification of penny stock makes it more difficult for a broker-dealer to sell
the stock into a secondary market, thus limiting investment liquidity. Any broker-dealer engaged by the purchaser for the purpose of selling his or her shares in our company will be subject to rules 15g-1 through 15g-10 of the Exchange Act. Rather
than creating a need to comply with those rules, some broker-dealers will refuse to attempt to sell penny stock.
Forward-Looking Statements
This prospectus contains forward-looking statements that involve risks and uncertainties. We use words such as anticipate, believe, plan, expect, future, intend and similar expressions to identify such forward-looking statements. You
should not place too much reliance on these forward-looking statements. Our actual results may differ materially from those anticipated in these forward-looking statements for many reasons, including the risks faced by us described in the "Risk
Factors" section and elsewhere in this prospectus.
Use Of Proceeds
We will not receive any proceeds from the sale of the common stock offered through this prospectus by the selling shareholders.
Determination Of Offering Price
The selling shareholders will sell our shares at $0.05 per share until our shares are quoted on the OTC Bulletin Board, and thereafter at prevailing market prices or privately negotiated prices. We cannot ensure that our shares will
be quoted on the OTC Bulletin Board. We determined this offering price, based upon the price of the last sale of our common stock to investors.
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.
Selling Security Holders
The selling shareholders named in this prospectus are offering all of the 1,700,000 shares of common stock offered through this prospectus. These shares were acquired from us in private
placements that were exempt from registration under
Regulation S of the Securities Act of 1933. The shares include the
following:
1.
1,200,000 shares of our common stock that the selling
      shareholders acquired from us in an offering that was exempt from
      registration under Regulation S of the Securities Act of 1933 and was
      completed on March 14, 2007;
2.
500,000 shares of our common stock that the selling
      shareholders acquired from us in an offering that was exempt from
      registration under Regulation S of the Securities Act of 1933 and was
      completed on April 26, 2007;
The following table provides as of the date of this
prospectus, information regarding the beneficial ownership of our common stock
held by each of the selling shareholders, including:
1.
the number of shares owned by each prior to this
      offering;
2.
the total number of shares that are to be offered for
      each;
3.
the total number of shares that will be owned by each
      upon completion of the offering; and
4.
the percentage owned by each upon completion of the
      offering.
Name of Selling
      Stockholder
Shares
      Owned
Prior to this
Offering
Total
      Number of
Shares to be
Offered
      for
Selling
Shareholders
Account
Total
      Shares
Owned Upon
Completion
      of
this Offering
Percent Owned
Upon
Completion of
this Offering
Patricia Comeau
5569 Keith St
Burnaby,BC V5J
      3C4
200,000
200,000
Nil
Nil
Ophelia Sahakian
4127
      Virginia Cr.
North Vancouver,BC V7R 3Z7
200,000
200,000
Nil
Nil
Leon Khorchidian
#811-828 Howe St.
Vancouver,BC
      V6Z 2X2
200,000
200,000
Nil
Nil
Vartouhy Khorchidian
10550-154A St.
Surrey,BC
200,000
200,000
Nil
Nil
Alan Sahakian
919 Broadview Dr.
North Vancouver,BC V7H
      2E9
200,000
200,000
Nil
Nil
Taline Giragosian
1127
      Carnaby Place
North Vancouver,BC V7H 2A2
200,000
200,000
Nil
Nil
Rob Oslic
11380 Surrey Road
Surrey,BC V3R 5T3
20,000
20,000
Nil
Nil
Henry Peters
2224
      Petrie Ct.
Coquitlam,BC V3K 6E7
20,000
20,000
Nil
Nil
Jack Khorchidian
335 E. 26
th
St.
North Vancouver,BC
20,000
20,000
Nil
Nil
Laura Corinne Oslic
11380 Surrey RD
Surrey,BC V3R 5T3
20,000
20,000
Nil
Nil
Jim Platis
8860 Bairdmore Cres
Richmond,BC V7C
      1M7
20,000
20,000
Nil
Nil
Loutfig Demirjian
BST-919 Broadview Drive
North
      Vancouver,BC
V7M 2E9
20,000
20,000
Nil
Nil
Raffi Donabedian
8191 Fairbrook Cr.
Richmond,BC
      V7C 1Z2
20,000
20,000
Nil
Nil
Garine Demirdjian
919
      Broadview Dr.
North Vancouver,BC
V7H 2E9
20,000
20,000
Nil
Nil
Patty Yeterian
3002 W. King Edward Ave.
Vancouver,BC V6L 1V3
20,000
20,000
Nil
Nil
Jean Jacques Donabedian
8191 Fairbrook Cres.
Richmond,BC V7C
      1Z2
20,000
20,000
Nil
Nil
Zare Giragosian
1127 Carnaby Place
North
      Vancouver,BC V7H 2A2
20,000
20,000
Nil
Nil
Dick Lau
#1026-470
      Granville st.
Vancouver,BC V6C 1V5
20,000
20,000
Nil
Nil
Bobbie Brockelmann
2224 Petrie Cre
Coquitlam,BC V3K
      6E7
20,000
20,000
Nil
Nil
Sossi Dakessian
BST-919 Broadview Drive
North
      Vancouver,BC
20,000
20,000
Nil
Nil
Vahik Sahakian
4127 Virginia Cr.
North
      Vancouver,BC
V7R 3Z7
20,000
20,000
Nil
Nil
Remon Jubran
103-10698
      151 A st.
Surrey,BC V3R 8T5
20,000
20,000
Nil
Nil
John Arabatlian
18515 56A Ave
Surrey,BC V3S
      8J3
20,000
20,000
Nil
Nil
Tamar Demirdjian
919
      Broadview Dr.
North Vancouver,BC
V7H 2E9
20,000
20,000
Nil
Nil
Marcello Leone
6387 Churchhill Street
Vancouver,BC V6M 3H8
20,000
20,000
Nil
Nil
Carla G. Leone
6387
      Churchhill St.
Vancouver,BC V6M 3H8
20,000
20,000
Nil
Nil
Kevin White
6-9339 Alberta Rd.
Richmond,BC V6Y
      4E3
20,000
20,000
Nil
Nil
Sean Comeau
1401-1050
      Burrard st.
Vancouver,BC
20,000
20,000
Nil
Nil
Rob Harris
706-3771 Bartlett Court
Burnaby,BC
20,000
20,000
Nil
Nil
Randall Andrus
4720
      Woodley Dr.
West Vancouver, BC V7S 3A1
20,000
20,000
Nil
Nil
Aghavne Sahakian
919 Broadview Dr.
North
      Vancouver,BC V7H 2E9
20,000
20,000
Nil
Nil
Each of the above shareholders beneficially owns and
has sole voting and investment over all shares or rights to the shares
registered in his or her name. 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. The percentages are based on 1,700,000 shares of common
stock outstanding on the date of this prospectus.
None of the selling shareholders:
(1)
has had a material relationship with us other than as a
      shareholder at any time within the past three years;
(2)
has ever been one of our officers or directors; or
(3)
is a broker-dealer or affiliate of a broker
      dealer.
Plan Of Distribution
The selling shareholders may sell some or all of
their common stock in one or more transactions, including block transactions.
Such sales may occur in private transactions arranged by each selling
shareholder in accordance with resale exemptions in applicable jurisdictions or
through the facilities of the OTC Bulletin Board, if we successfully obtain a
quotation for our stock, of which there is no guarantee.
The selling shareholders will sell our shares at
$0.05 per share until our shares are quoted on the OTC Bulletin Board, and
thereafter at prevailing market prices or privately negotiated prices. We cannot
ensure that our shares will be quoted on the OTC Bulletin Board.
We determined this offering price based upon the
price of the last sale of our common stock to investors. This offering price has
no relationship to book value. The shares may also be sold in compliance with
the Securities and Exchange Commission's Rule 144.
We are bearing all costs relating to the registration
of the common stock. The selling shareholders, however, will pay any commissions
or other fees payable to brokers or dealers in connection with any sale of the
common stock.
The selling shareholders must comply with the
requirements of the Securities Act and the Exchange Act in the offer and sale of
the common stock. In particular, during such times as the selling shareholders
may be deemed to be engaged in a distribution of the common stock, and therefore
be considered to be an underwriter, they must comply with applicable law and
may, among other things:
1.
Not engage in any stabilization activities in connection
      with our common stock;
2.
Furnish each broker or dealer through which common stock
      may be offered, such copies of this prospectus, as amended from time to
      time, as may be required by such broker or dealer; and
3.
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 Exchange Act.
The Securities Exchange Commission has also adopted
rules that regulate broker-dealer practices in connection with transactions in
penny stocks. Penny stocks are generally equity securities with a price of less
than $5.00 (other than securities registered on certain national securities
exchanges or quoted on the Nasdaq system, provided that current price and volume
information with respect to transactions in such securities is provided by the
exchange or system).
The penny stock rules require a broker-dealer, prior
to a transaction in a penny stock not otherwise exempt from those rules, deliver
a standardized risk disclosure document prepared by the Commission,
which:
1
contains a description of the nature and level of risk in
      the market for penny stocks in both public offerings and secondary
      trading;
2
contains a description of the broker's or dealer's duties
      to the customer and of the rights and remedies available to the customer
      with respect to a violation of such duties;
3
contains a brief, clear, narrative description of a
      dealer market, including "bid" and "ask" prices for penny stocks and the
      significance of the spread between the bid and ask price;
4
contains a toll-free telephone number for inquiries on
      disciplinary actions;
5
defines significant terms in the disclosure document or
      in the conduct of trading penny stocks; and
6
contains such other information and is in such form
      (including language, type, size, and format) as the Commission shall
      require by rule or regulation;
The broker-dealer also must provide, prior to
proceeding with any transaction in a penny stock, the customer:
1
with bid and offer quotations for the penny stock;
2
details of the compensation of the broker-dealer and its
      salesperson in the transaction;
3
the number of shares to which such bid and ask prices
      apply, or other comparable information relating to the depth and liquidity
      of the market for such stock; and
4
monthly account statements showing the market value of
      each penny stock held in the customer's account.
In addition, the penny stock rules require that prior
to a transaction in a penny stock not otherwise exempt from those rules; the
broker-dealer must make a special written determination that the penny stock is
a suitable investment for the purchaser and receive the purchaser's written
acknowledgment of the receipt of a risk disclosure statement, a written
agreement to transactions involving penny stocks, and a signed and dated copy of
a written suitability statement. These disclosure requirements will have the
effect of reducing the trading activity in the secondary market for our stock
because it will be subject to these penny stock rules. Therefore, stockholders
may have difficulty selling those securities.
Description Of Securities
General
Our authorized capital stock consists of 75,000,000
shares of common stock at a par value of $0.001 per share.
Common Stock
As of February 19, 2007, there were 4,700,000 shares of our common stock issued and outstanding that are held by 32 stockholders of record. Holders of our common stock are entitled to one vote for each share on all matters submitted
to a stockholder vote. Holders of common stock do not have cumulative voting rights. Therefore, holders of a majority of the shares of common stock voting for the election of directors can elect all of the directors. Two persons present and being,
or representing by proxy, shareholders 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.
Holders of common stock are entitled to share in all dividends that the board of directors, in its discretion, declares from legally available funds. In the event of a liquidation, dissolution or winding up, each outstanding share
entitles its holder to participate pro rata in all assets that remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock.
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
We do not have an authorized class of preferred stock.
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.
Interests Of Named Experts And Counsel
No expert 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, direct or indirect, in the registrant. Nor was any such person connected with the
registrant as a promoter, managing or principal underwriter, voting trustee, director, officer, or employee.
The financial statements included in this prospectus and the registration statement have been audited by K.R. Margetson Ltd., Chartered Accountant, to the extent and for the periods set forth in their report appearing elsewhere in this
document and in the registration statement filed with the SEC, and are included in reliance upon such report given upon the authority of said firm as experts in auditing and accounting.
Description Of Business
We intend to commence operations as an exploration stage company. We will be engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits we discover. We own a 100% interest in one
mineral claim known as the Vic Vein Mining claim is located approximately 250 km west of Williams Lake, British Columbia, Canada. We purchased this claim from 1698727 Ontario Inc.
There is no assurance that a commercially viable mineral deposit exists on the Vic Vein claim. We do not have any current plans to acquire interests in additional mineral properties, though we may consider such acquisitions in the
future.
Mineral property exploration is typically conducted in phases. Each subsequent phase of exploration work is recommended by a geologist based on the results from the most recent phase of exploration. We have not yet commenced the initial
phase of exploration on the Vic Vein Mining claim. Once we have completed each phase of exploration, we will make a decision as to whether or not we proceed with each successive phase based upon the analysis of the results of that program. Our
director will make this decision based upon the recommendations of the independent geologist who oversees the program and records the results.
Our plan of operation is to conduct exploration work on the Vic Vein claim in order to ascertain whether it possesses economic quantities of gold. There can be no assurance that an economic mineral deposit exists on the Vic Vein Mining
claim until appropriate exploration work is completed.
Even if we complete our proposed exploration programs on the Vic Vein claim and we are successful in identifying a mineral deposit, we will have to spend substantial funds on further drilling and engineering studies before we will know
if we have a commercially viable mineral deposit.
Vic Vein Mining claim Purchase
On April 18, 2007, we entered into a Mineral Property Staking and Purchase Agreement with 1698727 Ontario Inc. whereby we purchased a 100% interest in the Vic Vein mining claim for $7,500.
Description, Location and Access
The Vic Vein Mining claim is located in the approximately 250 kilometers west of Williams Lake, British Columbia, just 8 kilometers northwest of the north end of Tatlayoko Lake. The property is accessible by a four wheel drive road from
the Mt. Skinner access road.
Climate and Topography
The climate is dry and cool in the winter, while summers are generally warm and dry. The topography of the claims is typical of the west Chilcotin area consisting of broad valleys and uplands. Local elevation on the property ranges from
850 to1850 meters. The vegetation in general consists of jack pine and spruce trees with occasional open meadows and swamps.
Title to the Vic Vein Mining claim
The Vic Vein Mining claim consists of two mineral
claims. A "mineral claim" refers to a specific section of land over which a
title holder owns rights to explore the ground and subsurface, and extract
minerals.
Claims details are as follows:
Claim Name
Record Number
Expiry Date
----------------
----------------------
----------------
Victoria Mining Claim
561213
June 26,
      2008
Victoria Mining Claim
561217
June 26, 2008
Property Geology and Mineralization
Most of the claim property is underlain by a quartz
diorite intrusion. Numerous mafic, intermediate and felsic dykes, up to three
meters thick, intrude the quartz diorite. Sporadic chlorite-epidote alteration
is present in the intrusion.
The Victoria vein is a mesothermal quartz vein within
the quartz diorite intrusion. The length of the vein is undetermined but is at
least 125 meters long, of which 110 meters has been exposed by hand trenching.
The vein pinches and swells and appears to be fault
controlled. The vein is up to 1.4 meters in thickness, and strikes between 050
and 070 degrees, dipping at least 70 degrees northwest. The host quartz diorite
is moderately silicified and chloritized adjacent to the vein and some argillic
alteration is present.
The Victoria vein contains up to 5% pyrite, with a
trace of chalcopyrite, locally associated with malachite on fracture surfaces.
Fractures are common and are rich in limonite and also hematite. Native gold
occurs on some fracture surfaces.
Exploration History
Only a limited amount of prospecting and hand
trenching had been completed in the vicinity of the Victoria gold vein.
Elsewhere, within the immediate region, limited exploration for both base and
precious metals has been completed since the 1900's. Sampling, mapping, and
geophysical surveying were completed on a grid basis over the Victoria Vein and
its extension. In addition limited backhoe trenching was completed on the
vein.
Geological Report
We have obtained a geological report on the Vic Vein
Mining claim that was prepared by Amanda Tremblay. Ms. Tremblay has an Honors
Bachelor of Science degree in Geology from Queens University.
The geological report summarizes details concerning
the Vic vein claim and makes a recommendation for further exploration
work.
Based on her review of geological information
relating to the Vic Vein Mining claim, Ms. Tremblay recommends an initial
exploration program on the property consisting of grid emplacement, concentrated
geological mapping and sampling, geophysical surveys and an initial drill
hole.
Grid emplacement involves dividing the claims area
into subsections in order to aid the plotting of exploration data.
Mapping involves plotting previous exploration data
relating to a property on a map in order to determine the best property
locations to conduct subsequent exploration work. Sampling consists of a
geologist gathering pieces of rock or soil for mineral testing because they
appear to contain valuable mineralization.
Geophysical surveying is the search for mineral
deposits by measuring the physical property of near-surface rocks, and looking
for unusual responses caused by the presence of mineralization. Electrical,
magnetic, gravitational, seismic and radioactive properties are the ones most
commonly measured. Geophysical surveys are applied in situations where there is
insufficient information obtainable from the property surface to allow informed
opinions concerning the merit of properties.
Drilling involves extracting a long cylinder of rock
from the ground to determine amounts of metals at different depths. Pieces of
the rock obtained, known as drill core, are analyzed for mineral
content.
Compliance with Government
Regulation
We will be required to comply with all regulations,
rules and directives of governmental authorities and agencies applicable to the
exploration of minerals in Canada generally, and in British Columbia
specifically.
We will have to sustain the cost of reclamation and
environmental mediation for all exploration and development work undertaken. The
amount of these costs is not known at this time as we do not know the extent of
the exploration program that will be undertaken beyond completion of the
currently planned work programs. 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 earnings or our
competitive position in the event a potentially economic deposit is discovered.
If we enter into production, the cost of complying
with permit and regulatory environment laws will be greater than in the
exploration phases because the impact on the project area is greater. Permits
and regulations will control all aspects of any production program if the
project continues to that stage because of the potential impact on the
environment. Examples of regulatory requirements include:
Water discharge will have to meet water standards;
Dust generation will have to be minimal or otherwise
  re-mediated;
Dumping of material on the surface will have to be
  re-contoured and re-
vegetated;
An assessment of all material to be left on the surface will
  need to be
environmentally benign;
Ground water will have to be monitored for any potential
  contaminants;
The socio-economic impact of the project will have to be
  evaluated and if
deemed negative, will have to be
  re-mediated; and
There will have to be an impact report of the work on the
  local fauna and flora.
Because there will not be any appreciable disturbance
to the land during the phase one and two
exploration programs on the Vic Vein claim, we will not have to seek any government approvals prior to conducting exploration.
Employees
We have no employees as of the date of this prospectus other than our directors.
Research and Development Expenditures
We have not incurred any other research or development expenditures since our incorporation.
Subsidiaries
We do not have any subsidiaries.
Patents and Trademarks
We do not own, either legally or beneficially, any patents or trademarks.
Reports to Security Holders
Although we are not required to deliver a copy of our annual report to our security holders, we will voluntarily send a copy of our annual report, including audited financial statements, to any registered shareholder who requests it. We
will not be a reporting issuer with the Securities and Exchange Commission until our registration statement on Form S-1 is declared effective.
We have filed a registration statement on Form S-1, under the Securities Act of 1933, with the Securities and Exchange Commission with respect to the shares of our common stock offered through this prospectus. This prospectus is filed
as a part of that registration statement, but does not contain all of the information contained in the registration statement and exhibits. Statements made in the registration statement are summaries of the material terms of the referenced
contracts, agreements or documents of the company. We refer you to our registration statement and each exhibit attached to it for a more detailed description of matters involving the company, and the statements we have made in this prospectus are
qualified in their entirety by reference to these additional materials. You may inspect the registration statement, exhibits and schedules filed with the Securities and Exchange Commission at the Commission's principal office in Washington, D.C.
Copies of all or any part of the registration statement may be obtained from the Public Reference Section of the Securities and Exchange Commission, 100 F Street NE, Washington, D.C. 20549. Please call the Commission at 1-800-SEC-0330 for further
information on the operation of the public reference rooms. The Securities and Exchange Commission also maintains a web site at http://www.sec.gov that contains reports, proxy statements and information regarding registrants that file electronically
with the Commission. This site contains information statements and other information regarding issuers that file electronically with the Commission. Our registration statement and the referenced exhibits can also be found on this site.
Description Of Property
We have the right to explore for and extract minerals from the Vic Vein Mining claim. We do not own any real property interest in the Vic Vein claim or any other property.
Legal Proceedings
We are not currently a party to any legal proceedings. Our address for service of process in Nevada is 2620 Regatta Dr. Suite 102, Las Vegas, Nevada, 89128.
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 applying for trading of our common stock on the over the
counter bulletin board upon the effectiveness of the registration statement of
which this prospectus forms a part. 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.
Stockholders of Our Common Shares
As of the date of this registration statement, we
have thirty-two registered shareholders.
Rule 144 Shares
A total of 3,000,000 shares of our common stock are
available for resale to the public in accordance with the volume and trading
limitations of Rule 144 of the Act. In general, under Rule 144 as currently in
effect, a person who has beneficially owned shares of a company's common stock
for at least six months, provided that the company has been subject to the
reporting requirements of the Securities Act of 1934 for a minimum of 90 days,
is entitled to sell within any three month period a number of shares that does
not exceed the greater of:
1.
1% of the number of shares of the company's common stock
      then outstanding which, in our case, will equal 47,000 shares as of the
      date of this prospectus; or
2.
the average weekly trading volume of the company's common
      stock during the four calendar weeks preceding the filing of a notice on
      Form 144 with respect to the sale.
Sales under Rule 144 are also subject to manner of
sale provisions and notice requirements and to the availability of current
public information about the company.
Under Rule 144(k), a person who is not one of the
company's affiliates at any time during the three months preceding a sale, and
who has beneficially owned the shares proposed to be sold for at least two
years, is entitled to sell shares without complying with the manner of sale,
public information, volume limitation or notice provisions of Rule
144.
As of the date of this prospectus, persons who are
our affiliates hold all of the 3,000,000 shares that may be sold pursuant to
Rule 144.
Registration Rights
We have not granted registration rights to the
selling shareholders or to any other persons.
Dividends
There are no restrictions in our articles of
incorporation or bylaws that prevent us from declaring dividends. The Nevada
Revised Statutes, however, do prohibit us from declaring dividends where, after
giving effect to the distribution of the dividend:
1.
we would not be able to pay our debts as they become due
      in the usual course of business; or
2.
our total assets would be less than the sum of our total
      liabilities plus the amount that would be needed to satisfy the rights of
      shareholders who have preferential rights superior to those receiving the
      distribution.
We have not declared any dividends, and we do not
plan to declare any dividends in the foreseeable future.
Financial Statements
Index to Financial Statements
:
1.
Report of Independent Registered Public Accounting
      Firm;
2.
Audited financial statements for the period ending July
      31, 2007 and unaudited interim financial statements for the period ending
      October 31, 2007 including:
a.
Balance Sheet;
b.
Statement of Operation;
c.
Statement of Stockholders' Equity;
d.
Statement of Cash Flows; and
e.
Notes to Financial Statements
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
FINANCIAL STATEMENTS
July 31, 2007
K. R. M
ARGETSON LTD.
C
HARTERED
A
CCOUNTANT
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Stockholders,
Atlantic Resources Inc.
We have audited the accompanying balance sheet of Atlantic Resources Inc. (An Exploration Stage Company) as of July 31, 2007 and the related statements of operations, stockholders' equity and cash flows for the period from February 9, 2007 (Date of Inception) to July 31 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 of America).  Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement.  An audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes 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 of July 31, 2007 and the results of its operations and its cash flows for period from February 9, 2007 (Date of Inception) to July 31, 2007 in conformity with accounting principles generally accepted in the United States of America.
The accompanying financial statements have been prepared using accounting principles generally accepted in the Unites States of America assuming that the Company will continue as a going concern.  As discussed in Note 2 to the financial statements, the Company is an exploration stage company and has yet to commence operations, which raises substantial doubt about its ability to continue as a going concern.  Management's plans in regard to their planned financing and other matters are also described in Note 2.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Sechelt, Canada
"
K. R. M
ARGETSON LTD."
November 24, 2007
Chartered Accountant
PO BOX 45, 5588 INLET AVENUE
TELEPHONE: 604-885-2810   NE:  604-885-2810
SECHELT, BC V0N 3A0
FACSIMILE:  604-885-2834
CANADA
E-MAIL:  keith@krmargetson.com
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
BALANCE SHEET
July 31, 2007
ASSETS
Current
Cash and cash equivalents
$
21,641
Total Assets
$
21,641
LIABILITIES
Current
Accounts payable and accrued liabilities – Note 4
$
1,000
Due to related party – Note 5
500
Total Liabilities
$
1,500
STOCKHOLDERS' EQUITY
Capital Stock – Note 7
Authorized:
70,000,000 common shares with a par value of $.001
Issued and outstanding
4,700,000 common shares
$
4,700
Additional paid in capital
24,500
Deficit accumulated during exploration stage
( 9,059
)
Total Stockholders' Equity
$
20,141
Total Liabilities and Stockholders' Equity
$
21,641
Going Concern – Note 2
SEE ACCOMPANYING NOTES
1
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
STATEMENT OF OPERATIONS
for the period from February 9, 2007
(Date of Inception)
to July 31, 2007
Accumulated for
the period from
February 9, 2007
(Date of Inception) to
July 31, 2007
Expenses
Geological, mineral and prospect costs
$
7,500
General and administrative
59
Incorporation costs
500
Professional fees
1,000
Net loss for the period
$
( 9,059
)
Basic and fully diluted net loss per common share
( .002
)
Weighted average common shares outstanding
3,708,140
SEE ACCOMPANYING NOTES
2
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
STATEMENT OF CASH FLOWS
for the period from February 9, 2007
(Date of Inception)
to July 31, 2007
Accumulated for
the period from
February 9, 2007
(Date of Inception) to
July 31, 2007
Operating Activities
Net loss for the period
$
( 9,059
)
Cash provided by (used in) changes in operating assets and
liabilities
Accounts payable and accrued liabilities
1,000
Net cash provided by (used in) Operating Activities
( 8,059
)
Financing Activities
Advance from related party
500
Common stock issued for cash
29,200
Net cash proved by Financing Activities
29,700
Increase in cash and cash equivalents during the period
21,641
Cash and cash equivalents, beginning of the period
--
Cash and cash equivalents, end of the period
$
21,641
Supplemented disclosure of cash flow
information:
Cash paid for:
Interest
$
----
Income taxes
$
----
SEE ACCOMPANYING NOTES
3
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
STATEMENT OF
STOCKHOLDERS' EQUITY
for the period from February 9, 2007
(Date of Inception)
to July 31, 2007
Additional
Common Stock
Paid -in
Accumulated
Shares
Amount
Capital
Deficit
Total
Balance, February 9, 2007
--
$
--
$
--
$
--
$
--
Shares issued for $.001 March
3,000,000
12, 2007
3,000
--
--
3,000
Shares issued for $.001 March
14, 2007
1,200,000
1,200
--
--
1,200
Shares issued for $.05 April 26,
2007
500,000
500
24,500
--
25,000
Net loss for the period ended
July 31, 2007
--
--
--
( 9,059
)
( 9,059
)
Balance, July 31, 2007
4,700,000
$
4,700
$
24,500
$
(9,059
)
$
20,141
SEE ACCOMPANYING NOTES
4
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
July 31, 2007
Note 1
Operations
The Company was incorporated in the State of Nevada on February 9, 2007 and is in the exploration stage.  The Company has acquired a mineral property located in the Province of British Columbia, Canada, and has not yet determined whether this property contains reserves that are economically recoverable.  The recoverability of amounts from the property will be dependent upon the discovery of economically recoverable reserves, confirmation of the Company's interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy expenditure requirements and to complete the development of the property and upon future profitable production or proceeds from the sale thereof..
The Company has adopted July 31as its fiscal year end.
Note 2
Summary of Significant Accounting Policies
This summary of significant accounting policies is presented to assist in understanding the financial statements. The financial statements and notes are representations of the Company's management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the U.S. and have been consistently applied in the preparation of the financial statements.
Accounting Methods
The Company's financial statements are prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.
Going Concern
These financial statements have been prepared on the going concern basis, which presumes that the Company will continue operations for the foreseeable future and will be able to realize assets and discharge liabilities in the normal course of business.
The Company has accumulated a deficit of $9,059 since inception, has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising substantial doubt about the Company's ability to continue as a going concern.  Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.  These financial statements do not reflect the adjustments or reclassifications to the assets and liabilities which would be necessary if the Company was unable to continue its operations.  Management anticipates that additional funding will be in the form of equity financing from the sale of common stock.  Management may also seek to obtain short-term loans from the directors of the Company.  There are no current arrangements in place for equity funding or short-term loans.
Revenue Recognition
The Company recognizes revenue when minerals are delivered to the purchaser.
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
July 31, 2007
Note 2
Summary of Significant Accounting Policies
– (cont'd)
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying disclosures. Although these estimates are based on management's best knowledge of current events and actions the Company may undertake in the future, actual results may ultimately differ from the estimates.  Management believes such estimates to be reasonable.
Cash Equivalents
Cash equivalents are defined as highly liquid securities with maturities of three months or less.
Mineral Property Costs
Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified.  From that time forward, the Company will capitalize all costs to the extent that future cosh flows from mineral reserves equal or exceed the costs deferred.  The deferred costs will be amortized over the recoverable reserves when a property reaches commercial production.  Costs related to site restoration programs will be accrued over the life of the project.  To date, the Company has not established any proven reserves on its mineral property.
Basic and Diluted Loss Per Share
The Company reports basic loss per share in accordance with Statement of Financial Accounting Standards No. 128, "Earnings Per Share" and International Accounting Standards IAS 33.  Basic loss per share is computed using the weighted average number of shares outstanding during the period (year).  Diluted earning's per share includes the potentially dilutive effect of outstanding common stock options and warrants which are convertible to common shares.
Income Taxes
The Company follows Statement of Financial Accounting Standards No. 109, "Accounting for Income Taxes" ("FAS 109") which requires the use of the asset and liability method of accounting for income taxes.  Under the asset and liability method of FAS 109, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statements carrying amounts of existing assets and liabilities and loss carryforwards and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled.
Environmental Costs
Environmental expenditures that relate to current operations are expensed or capitalized as appropriate.  Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue generation, are expensed.  Liabilities are recorded
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
July 31, 2007
Note 2
Summary of Significant Accounting Policies
– (cont'd)
Environmental Costs
– (cont'd)
Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated.  Generally, the timing of these accruals coincides with the earlier of:
i)
completion of a feasibility study; or
ii)
the Company's commitment to a plan of action based on the then known facts.
Financial Instruments
The carrying value of the Company's financial instruments, consisting of cash and cash equivalents, accounts payable and accrued liabilities and related party payable, approximate their fair value due to the short-term maturity of such instruments.  Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest or credit risks arising from these financial instruments.
Derivative Instruments
The Financial Accounting Standards Board issued Statement of Financial Accounting Standards ("SFAS") No. 133, "Accounting for Derivative Instruments and Hedging Activities," as amended by SFAS No. 137, "Accounting for Derivative Instruments and Hedging Activities – Deferral of the Effective Date of FASB No. 133", SFAS No. 138, "Accounting for Certain Derivative Instruments and Certain Hedging Activities", and SFAS No. 149, "Amendment of Statement 133 on Derivative Instruments and Hedging Activities",  which is effective for the Company as of its inception.  These statements establish accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities.  They require that an entity recognize all derivatives as either assets or liabilities in the balance sheet and measure those instruments at fair value.
If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change.  The Company has not entered into derivatives contracts to hedge existing risks or for speculative purposes.
Cash and Currency Risks
The Company incurs expenditures in Canadian and U.S. dollars. Consequently, some assets and liabilities are exposed to Canadian dollar foreign currency fluctuations.  As at July 31, 2007, there were no amounts denominated in Canadian dollars included in the financial statements. The Company has cash balances at well-known financial institutions.  Balances in U.S. dollars at Canadian institutions are not protected by insurance and are therefore subject to deposit risk.  As at July 31, 2007 all cash and equivalents represented cash at Canadian financial institutions.
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
July 31, 2007
Note 2
Summary of Significant Accounting Policies
– (cont'd)
Foreign Currency Translations
The Company's functional currency is US dollars. Foreign currency balances are translated into US dollars as follows:
Monetary assets and liabilities are translated at the period-end exchange rate. Non-monetary assets are translated at the rate of exchange in effect at their acquisition, unless such assets are carried at market or nominal value, in which case they are translated at the period-end exchange rate. Revenue and expense items are translated at the average exchange rate for the period. Foreign exchange gains and losses in the period are included in operations
Recent Accounting Pronouncements
The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date.   Management does not believe that any recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.
Note 3
Mineral Property
On April 18 2007, the Company purchased a mineral claim in the Province of British Columbia for $7,500.  The claim will expire on June 26, 2008 unless the Company carries out assessment procedures as required by government.
Note 4
Accounts Payable and Accrued Liabilities
Accrued professional fees payable
$
1,000
Note 5
Due to related party
The account represents company costs paid for by a major shareholder and director.  There is no interest or stated terms of repayment.
Note 6
Income Taxes
The impact of differences between the Company's reported income tax provision on operating income and the benefit that would otherwise result from the application of statutory rates is noted below.  As management cannot determine that it is more likely than not that the Company will realize the benefit of the net deferred tax asset, a valuation allowance equal to the net deferred tax asset has been recorded.
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Financial Statements
July 31, 2007
Note 6
Income Taxes
- (cont'd)
Income tax recovery at the statutory rate of 34.1%
$
3,089
Permanent difference
43
Timing difference of incorporation cost
162
Valuation allowance
( 3,294
)
Net income tax benefit
$
---
As at July 2007, the net deferred tax asset is as follows
Deferred tax assets
Net operating loss carried forward of $9,658
$
3,294
Less valuation allowance
( 3,294
)
$
---
Under normal circumstances the ability to apply the tax loss of $9,658 will expire in 2027.
Note 7
Capital Stock
On March 12, 2007, the Company issued 3,000,000 common shares for $3,000 in cash to the sole director.
On March 14, 2007, the Company issued 1,200,000 common shares for $1,200 in cash.
On April 26, 2007, the Company issued 500,000 common shares for $25,000 in cash.
There are no shares subject to options, warrants or other agreements as at July 31, 2007.
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
FINANCIAL STATEMENTS
October 31, 2007
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
INTERIM BALANCE SHEET
October 31, 2007 and July 31, 2007
October 31
July 31
2007
2007
ASSETS
Current
Cash and cash equivalents
$
21,622
$
21,641
Total Assets
$
21,622
$
21,641
LIABILITIES
Current
Accounts payable and accrued liabilities – Note 5
$
1,000
$
1,000
Due to related party – Note 6
500
500
Total Liabilities
$
1 ,500
$
1,500
STOCKHOLDERS' EQUITY
Capital stock – Note 7
Authorized
70,000,000 common shares, par value $0.001
Issued and outstanding
4,700,000 common shares
4,700
4,700
Additional paid-in capital
24,500
24,500
Deficit, accumulated during the exploration stage
(9,078
)
(9,059
)
Total Stockholders' Equity
20,122
20,141
Total Liabilities and Stockholders' Equity
$
21,622
$
21,641
Going Concern – Note 3
SEE ACCOMPANYING NOTES
1
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
INTERIM STATEMENT OF OPERATIONS
for the three months ended October 31, 2007
and for the period from February 9, 2007 (Date of Inception)
to October 31, 2007
Accumulated for
the Period from
February 9, 2007
(Date of
Three months
Inception)
October 31
To October 31
2007
2007
Expenses
Geological, mineral and prospect costs
$
-
$
7,500
General and administrative
19
78
Incorporation costs
-
500
Professional fees
-
1,000
19
9,078
Net loss for the period
(19
)
$
(9,078
)
Basic and diluted earnings per common share
$
(0.000
)
$
(0.000
)
Weighted average common shares outstanding
4,700,000
4,053,788
SEE ACCOMPANYING NOTES
2
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
INTERIM STATEMENT OF CASH FLOWS
for the three months ended October 31, 2007
and for the period from February 9, 2007 (Date of Inception)
to October 31, 2007
Accumulated for
the
Period from
February 9, 2007
Three months
(Date of Inception)
ended October 31
to October 31
2007
2007
Operating Activities
Loss for the period
$
(19
)
$
(9,078
)
Changes in non-cash working capital items
Accounts payable and accrued liabilities
-
1,000
Net cash provided by (used in) operating Activities
(19
)
(8,078
)
Financing Activities
Advance from related party
-
500
Common stock issued for cash
-
29,200
-
29,700
Increase (Decrease) In Cash and Cash Equivalents
During The Period
(19
)
21,622
Cash and Cash Equivalents, Beginning of Period
21,641
-
Cash and Cash Equivalents, End of Period
$
21,622
$
21,622
Supplementary disclosure of dash flow information
Cash paid for
Interest
$
-
$
-
Income taxes
$
-
$
-
SEE ACCOMPANYING NOTES
3
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
INTERIM STATEMENT OF
STOCKHOLDERS' EQUITY
for the period from February 9, 2007
(Date of Inception)
to October 31, 2007
Additional
Common Stock
Paid-in
Accumulated
Shares
Amount
Capital
Deficit
Total
Balance, February 9, 2007
--
$
--
$
--
$
--
$
--
Shares issued for $.001 March
12, 2007
3,000,000
3,000
--
--
3,000
Shares issued for $.001 March
14, 2007
1,200,000
1,200
--
--
1,200
Shares issued for $.05 April 26,
2007
500,000
500
24,500
--
25,000
Net loss for the period ended
July 31, 2007
--
--
--
( 9,059
)
( 9,059
)
Balance, July 31, 2007
4,700,000
$
4,700
$
24,500
$
(9,059
)
$
20,141
Net loss for the 3 month period
ended October 31, 2007
--
--
--
( 19
)
( 19
)
Balance, October 31, 2007
4,700,000
$
4,700
$
24,500
$
(9,078
)
$
20,122
SEE ACCOMPANYING NOTES
4
ATLANTIC RESOURCES INC.
(An Exploration Stage Company)
NOTES TO THE INTERIM FINANCIAL STATEMENTS
October 31, 2007
Note 1
Operations
The Company was incorporated in the State of Nevada on February 9, 2007 and is in the exploration stage.  The Company has acquired a mineral property located in the Province of British Columbia, Canada, and has not yet determined whether this property contains reserves that are economically recoverable.  The recoverability of amounts from the property will be dependent upon the discovery of economically recoverable reserves, confirmation of the Company's interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy expenditure requirements and to complete the development of the property and upon future profitable production or proceeds from the sale thereof..
The Company has adopted July 31as its fiscal year end.
Note 2
Interim Reporting
The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-QSB of Regulation S-B.  They do not include all information and footnotes required by generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made.  Operating results for the three months ended October 31, 2007 are not necessarily indicative of the results that may be expected for the year ended July 31, 2008.
Note 3
Summary of Significant Accounting Policies
This summary of significant accounting policies is presented to assist in understanding the financial statements. The financial statements and notes are representations of the Company's management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the U.S. and have been consistently applied in the preparation of the financial statements.
Going Concern
These financial statements have been prepared on the going concern basis, which presumes that the Company will continue operations for the foreseeable future and will be able to realize assets and discharge liabilities in the normal course of business. The Company has accumulated a deficit of $9,078 since inception, has yet to achieve profitable operations and further losses are anticipated in the development of its business, raising substantial doubt about the Company's ability to continue as a going concern.  Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.  These financial statements do not reflect the adjustments or reclassifications to the assets and liabilities which would be necessary if the Company was unable to continue its operations.  Management anticipates that additional funding will be in the form of equity financing from the sale of common stock.  The Company may also seek to obtain short-term loans from the directors of the Company.  There are no current arrangements in place for equity funding or short-term loans.
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Interim Financial Statements
October 31, 2007
Note 3
Summary of Significant Accounting Policies
– (cont'd)
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying disclosures. Although these estimates are based on management's best knowledge of current events and actions the Company may undertake in the future, actual results may ultimately differ from the estimates.  Management believes such estimates to be reasonable.
Mineral Property Costs
Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified.  From that time forward, the Company will capitalize all costs to the extent that future cosh flows from mineral reserves equal or exceed the costs deferred.  The deferred costs will be amortized over the recoverable reserves when a property reaches commercial production.  Costs related to site restoration programs will be accrued over the life of the project.  To date, the Company has not established any proven reserves on its mineral property.
Note 4
Mineral Property
On April 18 2007, the Company purchased a mineral claim in the Province of British Columbia for $7,500.  The claim will expire on June 26, 2008 unless the Company carries out assessment procedures as required by government.
Note 5
Accounts Payable and Accrued Liabilities
Accrued professional fees payable
$
1,000
Note 6
Due to Related Party
The account represents company costs paid by a major shareholder and director.  There is no interest or stated terms of repayment.
Atlantic Resources Inc.
(An Exploration Stage Company)
Notes to the Interim Financial Statements
October 31, 2007
Note 7
Capital Stock
On March 12, 2007, the Company issued 3,000,000 common shares for $3,000 in cash to the sole director.
On March 14, 2007, the Company issued 1,200,000 common shares for $1,200 in cash.
On April 26, 2007, the Company issued 500,000 common shares for $25,000 in cash.
There are no shares subject to options, warrants or other agreements as at October 31, 2007.
Plan Of Operations
Our plan of operation for the twelve months following
the date of this prospectus is to complete the geologist recommended exploration
work on the Vic Vein Mining claim consisting of grid emplacement, concentrated
geological mapping and sampling, geophysical surveys and an initial drill hole.
We estimate that the cost of this entire program, which we will conduct in
phases, will be approximately $50,000.
We intend to commence the initial phase of
exploration in the spring of 2008 and anticipate that it will be completed by
the summer of 2008, including the interpretation of all data collected. As well,
we anticipate spending an additional $15,000 on administrative fees, including
fees payable in connection with the filing of this registration statement and
complying with reporting obligations. Total expenditures over the next 12 months
are therefore expected to be $65,000.
While we have enough funds to cover the anticipated
exploration expenses associated with the first phase of the exploration program,
we will require additional funding in order to proceed with additional
exploration on the Vic Vein claim and to cover administrative expenses. We
anticipate that additional funding will be in the form of equity financing from
the sale of our common stock or from director loans. We do not have any
arrangements in place for any future equity financing or loans.
Results Of Operations For The Period From
Inception Through October 31, 2007
We have not earned any revenues from our
incorporation on February 9, 2007 to October 31, 2007. We do not anticipate
earning revenues unless we enter into commercial production on the Vic Vein
claim, which is doubtful. We have not commenced the exploration stage of our
business and can provide no assurance that we will discover economic
mineralization on the Vic Vein claim, or if such minerals are discovered, that
we will enter into commercial production.
We incurred operating expenses in the amount of
$9,059 for the period from our inception on February 9, 2007 to October 31,
2007. These operating expenses were comprised of mineral property acquisition
costs of $7,500, legal and accounting fees of $1,000, organizational costs of
$500 and office and sundry fees of $59.
We have not attained profitable operations and are
dependent upon obtaining financing to pursue exploration activities. For these
reasons our auditors believe that there is substantial doubt that we will be
able to continue as a going concern.
Changes In And Disagreements With Accountants on
Accounting and Financial Disclosure
We have had no changes in or disagreements with our
accountants.
Directors, Executive Officers, Promoters And
Control Persons
Our executive officers and directors and their age as
of the date of this prospectus is as follows:
Directors:
Name of Director
Age
Raffi Khorchidian
41
Executive Officers:
.
Name of Officer
Age
Office
Raffi Khorchidian
41
President and Chief Executive
      Officer
Biographical Information
Set forth below is a brief description of the
background and business experience of our executive officer and director for the
past five years.
Mr. Raffi Khorchidian
has
acted as our president, chief executive officer and as a director since our
incorporation on February 9, 2007. Mr. Khorchidian has been the owner and
founder, sole director and shareholder of Graffico. His positions with Graffico
have been his principal occupation over the past 15 years. Raffi Khorchidian has
over 25 years of experience in the print industry in all aspects of print sales,
production and marketing.
Mr. Khorchidian does not have any professional
training or technical credentials in the exploration, development and operation
of mines.
Mr.Khorchidian intends to devote approximately 30% of
his business time to our affairs.
Term of Office
Our director is appointed for a one-year term to hold
office until the next annual general meeting of our shareholders or until
removed from office in accordance with our bylaws. Our officers are appointed by
our board of directors and hold office until removed by the board.
Significant Employees
We have no significant employees other than the
officers and directors described above.
Stock Option Grants
We have not granted any stock options to the
executive officers since our inception.
Consulting Agreements
We do not have any employment or consulting agreement
with our directors or officers. We do not pay Mr. Raffi Khorchidian any amount
for acting as director of the Company.
Executive Compensation
Summary Compensation Table
The table below summarizes all compensation awarded
to, earned by, or paid to our executive officers by any person for all services
rendered in all capacities to us for the fiscal period from our inception on
February 9, 2007 to July 31, 2007 and the subsequent period to the date of this
prospectus.
Annual Compensation
Restr
Options/
LTP
Other
Stock
SARS (#)
payouts
Name
Title
Year
Salary
Bonus
Comp.
Awarded
($)
Raffi
President
2008
$0
0
0
0
0
$0
Khorchidian
CEO,
2007
$0
0
0
0
0
$0
Secretary,
Treasurer
& Director
Security Ownership Of Certain Beneficial Owners
And Management
The following table provides the names and addresses
of each person known to us to own more than 5% of our outstanding common stock
as of the date of this prospectus, and by the officers and directors,
individually and as a group. Except as otherwise indicated, all shares are owned
directly.
Title of Class
Name of beneficial owner
Amount of
beneficial
ownership
Percent of
class
Common stock
Raffi Khorchidian
3,000,000
63.83%
Common stock
All officers and directors as a group that consists
of one person
3,000,000
63.83%
The percent of class is based on 4,700,000 shares of
common stock issued and outstanding as of the date of this
prospectus.
Certain Relationships And Related
Transactions
None of the following parties has, since our date of
incorporation, had any material interest, direct or indirect, in any transaction
with us or in any presently proposed transaction that has or will materially
affect us:
*
Any of our directors or officers;
*
Any person proposed as a nominee for election as a
      director;
*
Any person who beneficially owns, directly or indirectly,
      shares carrying more than 10% of the voting rights attached to our
      outstanding shares of common stock;
*
Our promoter, Raffi Khorchidian;
*
Any member of the immediate family of any of the
      foregoing persons.
Disclosure Of Commission Position Of
Indemnification For Securities Act Liabilities
Our directors and officers are indemnified as
provided by the Nevada Revised Statutes and our Bylaws. These provisions provide
that we shall indemnify a director or former director against all expenses
incurred by him by reason of him acting in that position. The director may also
cause us to indemnify an officer, employee or agent in the same fashion.
We have been advised that in the opinion of the
Securities and Exchange Commission
indemnification for liabilities arising under the
Securities Act 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 is asserted by one of our directors, officers, or
controlling persons in connection with the securities being registered, we will,
unless in the opinion of our legal counsel the matter has been settled by
controlling precedent, submit the question of whether such indemnification is
against public policy to a court of appropriate jurisdiction. We will then be
governed by the court's decision.
Until ______________, all dealers that effect
transactions in these securities whether or not participating in this offering,
may be required to deliver a prospectus. This is in addition to the dealer's
obligation to deliver a prospectus when acting as underwriters and with respect
to their unsold allotments or subscriptions.
Part II
Information Not Required In The
Prospectus
Other Expenses Of Issuance And
Distribution
The estimated costs of this offering are as
follows:
Securities and Exchange
      Commission registration fee
$
9.10
Transfer Agent fees
$
1,000.00
Accounting and auditing fees
      and expenses
$
6,500.00
Legal fees and expenses
$
1,500.00
Edgar filing fees
$
1,000.00
Total
$
10,009.14
All amounts are estimates other than the Commission'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.
The selling shareholders, however, will pay any other expenses incurred in
selling their common stock, including any brokerage commissions or costs of
sale.
Indemnification Of Directors And
Officers
Our officers and directors are indemnified as
provided by the Nevada Revised Statutes (the "NRS") and our bylaws.
Under the NRS, director immunity from liability to a
company or its shareholders for monetary liabilities applies automatically
unless it is specifically limited by a company's articles of incorporation that
is not the case with our articles of incorporation. Excepted from that immunity
are:
(1)
a willful failure to deal fairly with the company or its
      shareholders in connection with a matter in which the director has a
      material conflict of interest;
(2)
a violation of criminal law (unless the director had
      reasonable cause to believe that his or her conduct was lawful or no
      reasonable cause to believe that his or her conduct was unlawful);
(3)
a transaction from which the director derived an improper
      personal profit; and
(4)
willful misconduct.
Our bylaws provide that we will indemnify our
directors and officers to the fullest extent not prohibited by Nevada law;
provided, however, that we may modify the extent of such indemnification by
individual contracts with our directors and officers; and, provided, further,
that we shall not be required to indemnify any director or officer in connection
with any proceeding (or part thereof) initiated by such person unless:
(1)
such indemnification is expressly required to be made by
      law;
(2)
the proceeding was authorized by our Board of
      Directors;
(3)
such indemnification is provided by us, in our sole
      discretion, pursuant to the powers vested us under Nevada law; or
(4)
such indemnification is required to be made pursuant to
      the bylaws.
Our bylaws provide that we will advance all expenses
incurred to 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, by reason of the fact that he
is or was our director or officer, or is or was serving at our request as a
director or executive officer of another company, partnership, joint venture,
trust or other enterprise, prior to the final disposition of the proceeding,
promptly following request. This advanced of expenses is to be made upon receipt
of an undertaking by or on behalf of such person to repay said amounts should it
be ultimately determined that the person was not entitled to be indemnified
under our bylaws or otherwise.
Our bylaws also provide that no advance shall be made
by us to any officer in any action, suit or proceeding, whether civil, criminal,
administrative or investigative, if a determination is reasonably and promptly
made: (a) by the board of directors by a majority vote of a quorum consisting of
directors who were not parties to the proceeding; or (b) if such quorum is not
obtainable, or, even if obtainable, a quorum of disinterested directors so
directs, by independent legal counsel in a written opinion, that the facts known
to the decision- making party at the time such determination is made demonstrate
clearly and convincingly that such person acted in bad faith or in a manner that
such person did not believe to be in or not opposed to our best
interests.
Recent Sales Of Unregistered
Securities
We completed an offering of 3,000,000 shares of our
common stock at a price of $0.001 per share to our president, Raffi Khorchidian,
on March 12, 2007. The total amount received from this offering was $3,000.
These shares were issued pursuant to Regulation S of the Securities
Act.
We completed an offering of 1,200,000 shares of our
common stock at a price of $0.001 per share to a total of six purchasers on
March 14, 2007. The total amount received from this offering was $1,200. These
shares were issued pursuant to Regulation S of the Securities Act. The
purchasers in this offering were as follows:
Name of Subscriber
Number of
      Shares
Ophelia Sahakian
200,000
Levon Khorchidian
200,000
Vartouhy Khorchidian
200,000
Patricia Comeau
200,000
Alan Sahakian
200,000
Taline Giragosian
200,000
We completed an offering of 500,000 shares of our
common stock at a price of $0.05 per share to a total of 25 purchasers on April
26, 2007. The total amount received from this offering was $25,000. We completed
this offering pursuant to Regulation S of the Securities Act. The purchasers in
this offering were as follows:
Name of Subscriber
Number of
      Shares
Rob Oslic
20,000
Henry Peters
20,000
Jack Khorchidian
20,000
Laura Oslic
20,000
Jim Platis
20,000
Loutfig Demirjian
20,000
Raffi Donabedian
20,000
Garine Demirjian
20,000
Patty Yeterian
20,000
Jean Jacques Donabedian
20,000
Zare Giragosian
20,000
Dick Lau
20,000
Bobbie Brockelmann
20,000
Sossi Dakessian
20,000
Vahik Sahakian
20,000
Remon Jubran
20,000
John Arabatlian
20,000
Tamar Demirdjian
20,000
Marcello Leone
20,000
Carla Leone
20,000
Kevin White
20,000
Sean Comeau
20,000
Rob Harris
20,000
Randall Andrus
20,000
Aghavne Sahakian
20,000
Regulation S Compliance
Each offer or sale was made in an offshore
transaction;
Neither we, a distributor, any respective affiliates
nor any person on behalf of any of the foregoing made any directed selling
efforts in the United States;
Offering restrictions were, and are,
implemented;
No offer or sale was made to a U.S. person or for the
account or benefit of a U.S. person;
Each purchaser of the securities certifies that it
was not a U.S. person and was not acquiring the securities for the account or
benefit of any U.S. person;
Each purchaser of the securities agreed to resell
such securities only in accordance with the provisions of Regulation S, pursuant
to registration under the Act, or pursuant to an available exemption from
registration; and agreed not to engage in hedging transactions with regard to
such securities unless in compliance with the Act;
The securities contain a legend to the effect that
transfer is prohibited except in accordance with the provisions of Regulation S,
pursuant to registration under the Act, or pursuant to an available exemption
from registration; and that hedging transactions involving those securities may
not be conducted unless in compliance with the Act; and
We are required, either by contract or a provision in
its bylaws, articles, charter or comparable document, to refuse to register any
transfer of the securities not made in accordance with the provisions of
Regulation S pursuant to registration under the Act, or pursuant to an available
exemption from registration; provided, however, that if any law of any Canadian
province prevents us from refusing to register securities transfers, other
reasonable procedures, such as a legend described in paragraph (b)(3)(iii)(B)(3)
of Regulation S have been implemented to prevent any transfer of the securities
not made in accordance with the provisions of Regulation S.
Exhibits
Exhibit
Number
Description
3.1
Articles of
      Incorporation
3.2
Bylaws
5.1
Legal opinion with
      consent to use
10.1
Mineral property agreement dated
      April 18, 2007
23.1
Consent of K.R.
      Margetson Ltd., Certified Public Accountant
99.1
Location map
The undersigned registrant hereby
undertakes:
1.
To file, during any period in which it offers or sells
      securities, a post-effective amendment to this registration statement
      to:
a.
include any prospectus required by Section 10(a)(3) of
      the Securities Act of 1933;
b.
reflect in the prospectus any facts or events which,
      individually or together, represent a fundamental change in the
      information set forth in this registration statement; and notwithstanding
      the forgoing, any increase or decrease in volume of securities offered (if
      the total dollar value of 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
      prospectus filed with the commission pursuant to Rule 424(b) if, in the
      aggregate, the changes in the 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
c.
include any additional or changed material information on
      the plan of distribution.
2.
That, for the purpose of determining any liability under
      the Securities Act, each such post-effective amendment shall be deemed to
      be a new registration statement relating to the securities offered herein,
      and the offering of such securities at that time shall be deemed to be the
      initial bona fide offering thereof.
3.
To remove from registration by means of a post-effective
      amendment any of the securities being registered hereby which remain
      unsold at the termination of the offering.
4.
That, for determining our liability under the Securities
      Act to any purchaser in the initial distribution of the securities, we
      undertake that in a primary offering of our securities 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, we 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 that we file relating to the offering required to be
filed pursuant to Rule 424 (Section 230.424 of this chapter);
(ii) any free writing
prospectus relating to the offering prepared by or on our behalf or used or
referred to by us;
(iii) the portion of any
other free writing prospectus relating to the offering containing material
information about us or our securities provided by or on behalf of us;
and
(iv) any other communication
that is an offer in the offering made by us to the purchaser.
Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to our directors, officers and
controlling persons pursuant to the provisions above, or otherwise, we have 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 us of expenses incurred or paid by
one of our directors, officers, or controlling persons in the successful defense
of any action, suit or proceeding, is asserted by one of our directors,
officers, or controlling person sin connection with the securities being
registered, we 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 is against public policy as expressed
in the Securities Act, and we will be governed by the final adjudication of such
issue.
Signatures
Pursuant to the requirements of the Securities Act of
1933, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto authorized in the City of Vancouver,
Province of British Columbia on February 19, 2007.
Atlantic Resources Inc.
By: /s/ Raffi Khorchidian
-------------------------------------
Raffi Khorchidian
President, Chief Executive Officer and
Director
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:
SIGNATURE
CAPACITY IN WHICH
      SIGNED
DATE
/s/
      Raffi Khorchidian
President, Chief Executive
      Officer,
February 19, 2007
Raffi Khorchidian
Secretary, Treasurer,
      principal
accounting officer, principal
      financial
officer and Director