UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
FORM S-1
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 
OROPLATA RESOURCES, INC.
(Exact name of Registrant as specified in its charter)
 
State or other jurisdiction of incorporation or organization
Primary Standard Industrial Classification Code Number
I.R.S. Employer Identification Code Number
     
NEVADA
1000
33-1227980
State or other jurisdiction of incorporation or organization
Primary Standard Industrial Classification Code Number
I.R.S. Employer Identification Code Number
     
NEVADA
1000
33-1227980
 
#3 – 7 San Marcos
Puerto Plata, Dominican Republic
Tel: 809-970-2373
 (Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
 
AMERICAN CORPORATE ENTERPRISES, INC.
123 West Nye LN, Suite 129, Carson City, NV  89706
Tel: ( 775) 884-9380
(Name, address, including zip code, and telephone number, including area code, of agent for service)
 
 Copies to:
Gary R. Henrie
Attorneys–at-Law
3518 North 1450 West
Pleasant Grove, Utah, 84062
(Tel): 801-310-1419 (E-mail): grhlaw@hotmail.com
Virgilio Santana Ripoll
Attorney-at-Law
Antera Mota No. 87, Esq. Dr. Zafra, Officio Abreu, Suite A
Puerto Plata, Dominican Republic
(Tel): 809-970-2373   (E-mail): getup84@hotmail.com
 
Approximate date of commencement of proposed sale to the public:  As soon as practicable after this Registration Statement is declared effective.
 
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box:   [ X ]
 
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, 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 smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
 
Large accelerated filer [   ]
Accelerated filer [   ]
Non-accelerated filer [   ] (Do not check if a smaller reporting company)
Smaller reporting company [ X ]
 
CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered
Amount
 to be Registered (1)
Proposed Maximum
 Offering Price Per Unit (2)
Proposed Maximum Aggregate Offering Price (3)
Amount of
Registration Fee (3)
Common Stock, par value $0.001 per  share, previously issued to investor
15,000,000
$0.003
$45,000
$6.14
(1)   Represents shares issued by Oroplata  Resources , Inc on October 14, 2011 in a private placement transaction.
(2)   This price was arbitrarily determined by Oroplata Resources, Inc.
(3)   Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457 under the Securities Act of 1933, as amended (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, or until this Registration Statement shall become effective on such date as the Securities and Exchange Commission (the “SEC”), acting pursuant to said Section 8(a), may determine.
 
 
 
SUBJECT TO COMPLETION DATED JUNE, 2013

The information contained in this prospectus is not complete and may be changed. The selling shareholder may not sell these securities until the registration statement filed with the United States Securities and Exchange Commission (the “SEC”) 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.

OROPLATA RESOURCES, INC.

PROSPECTUS

15,000,000 SHARES OF COMMON STOCK

Under this prospectus 15,000,000 shares of the common stock of Oroplata Resources, Inc. are being offered at a fixed price of $0.003 per share.  The shares are being sold by the Company’s sole director and officer, Hilario Santos Sosa, will receive the net proceeds of $45,000 if all the shares are sold.

Mr. Sosa will be acting as underwriter in respect of the sale of the shares.  The shares were originally sold to Mr. Sosa at a price of $0.002 per share and are being resold by him at a price of $0.003 per share.  Oroplata Resources, Inc. will not receive any of the proceeds received by the selling shareholder with respect to this offering other than the original subscriptions proceeds paid by Mr. Sosa for the shares.  None of the proceeds from the sale of the shares will be placed in escrow, trust or similar account.  The offering will terminate nine months after this prospectus is declared effective by the SEC.

We are an Emerging Growth Company as defined in the Jumpstart Our Business Startups Act.

Shares of our common stock are not quoted or traded on any market or securities exchange.  Although we intend to apply for quotation of our common stock on the OTC Bulletin Board, public trading market for our common stock may never materialize.  Even if a public trading market materializes, the shares sold under this prospectus must be sold at a fixed price of $0.003 per share as Mr. Sosa is acting as an underwriter.

The purchase of the securities offered through this prospectus involves a high degree of risk. You should carefully read and consider the section of this prospectus entitled “Risk Factors” on pages 4 through 10 before buying any shares of our common stock.

Neither the SEC 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: June, 2013
 
 
 
 
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OROPLATA RESOURCES, INC.
PROSPECTUS

Table of Contents

 
Item
Page No.
Glossary of Technical Terms
iii
Prospectus Summary
1
Risk Factors
4
Use of Proceeds
10
Determination of Offering Price
10
Dilution
10
Selling Security Holder
11
Plan of Distribution
11
Description of Securities to be Registered
12
Interests of Named Experts and Counsel
13
Information of the Oroplata Resources, Inc. .
13
Business
13
Property
16
Legal Proceedings
25
Market of and Dividends on Common Equity and Related Stockholder Matters
25
Financial Statements
28
Managements Discussion and Analysis of Financial Condition and Results of Operation
44
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
45
Directors and Executive Officers
45
Executive Compensation
46
Security Ownership of Certain Beneficial Owners and Management
46
Related Party Transactions and Director Independence
47
Disclosure of Commission Position of Indemnification for Securities Act Liabilities
47
Information Not Required in the Prospectus
49
Other Expenses of Issuance and Distribution
49
Indemnification of Directors and Officers
49
Recent Sales of Unregistered Securities
50
Exhibits
50
Undertakings
50
Signatures
52
   

 

 
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GLOSSARY OF TECHNICAL GEOLOGICAL TERMS

The following defined technical geological terms are used in our prospectus:

Au
Means “gold”
Ag
Symbol for “silver”
Agillaceous
Containing, made of, or resembling clay; clayly.
Albite
A widely distributed white feldspar that is the common rock forming plagioclase group.
Amorphous
Lacking definite form or lacking distinct crystalline structure.
Argillites
A metamorphic rock, intermediate between shale and slate, that does not possess true slatly cleavage.
Barium
A soft, silvery-white alkaline-earth metal, used to deoxidize copper and in various alloys.
Bentonite
An absorbent aluminum silicate mineral, the most common form of mica, which ranges from colorless to pale yellow to gray and brown, has a pearly luster and is used as an insulator; called “white mica”.
Calcite
A common crystalline form of natural calcium carbonate that is the basis constituent of limestone, marble and chalk.
Chalcopyrite
A yellow mineral that is an important ore of copper.
Chlorite
A generally green or black secondary mineral often formed by metamorphic alternation of primary dark rock minerals, that appears as a spot of green and resembles mica.
Cleavage
The breaking of a mineral along its crystallographic planes .
Cu
The symbol for “copper”.
Deformation
The process of folding, faulting, shearing, compression or extension of the rocks as a result of various forces of the Earth.
Deposits
Mineral deposit or ore deposit is used to designate a natural occurrence of a useful mineral, or an ore, in sufficient extent and degree of concentration to invite exploitation.
Epidote
A lustrous yellow, green or black mineral commonly found in metamorphic rock.
Epithermal
Pertaining to mineral veins and ore deposits formed from warm water at shallow depths, at temperatures ranging from 50 - 200 ° C and generally at some distance from the magmatic source.
Fault zones
A fault that is expressed as a zone of numerous small fractures .
Fe
Symbol for “iron”.
Feldspars
Group of abundant rock forming minerals occurring principally in igneous, plutonic and some metamorphic rocks.
Hydrothermal
Of or pertaining to heated water, to its action, or to the products of such action.


 
-iii-

 
 

Illite
A group of gray, green or yellowish-brown mica-like clay minerals found in argillaceous sediments, intermediate in composition and structure between montmorillonite and muscovite.
Kaolinite
A clay mineral crystallizing in monoclinic system and forming the chief constituent of china-clay.  Kaolinite is the basic raw material for ceremics and large quantities are used in the manufacturing of coated paper.
Metamorphic
A change in structure resulting from metamorphosis; resulting from high temperature.
Mineralization
The hydrothermal deposition of economically important metals in the formation of ore bodies or lodes .
Mn
Symbol for “manganese”.
Montmorillonite
A group named for all clay minerals with an expanding structure and is often grayish, pale red or blue in color.
Ore
A naturally occurring material from which a mineral or minerals of economic value can be extracted profitably .
Pb
Symbol for “lead”.
Potassic
Refers to a rock which contains a significant amount of potassium.
Plagioclase
Any of a common rock forming triclinic feldspar, consisting of mixtures of sodium and calcium aluminum silicates.
Potassium
A soft, silver-white, highly or explosively
Propylic
A univalent organic radical derived from propane.
Pryite
A common mineral of a pale brass-yellow color and metallic luster, chemically iron disulfide.
Quartz-sericite
A very hard mineral composed of silica.  Found in many different types of rocks, including sandstone and granite.  Often occurring in silky scales having a fibrous structure.
Silicification
To convert into or impregnated with silica.
Trenching
The removal of overburden to expose the underlying bedrock.
Vein
An occurrence of ore with an irregular development in length, width and depth usually from an intrusion of igneous rock.
Volcaniclastic
The arrangement of all the tons and chords of a composition in relation to a tonic.
Zeolites
A one of a family of hydrous aluminum silicate minerals, whose molecules enclose particles  of sodium, potassium, calcium or barium or corresponding synthetic compound, used chiefly as molecular filters and ion-exchange agents.
 
 
 
-iv-

 
 

PROSPECTUS SUMMARY

This summary highlights material information appearing elsewhere in this prospectus.  You should read the entire prospectus before making an investment decision to purchase our common stock.  As used in this prospectus, unless the context otherwise requires, “we,” “us,” “our,” the “Company” and “Oroplata” refers to Oroplata Resources, Inc.  All dollar amounts in this prospectus are in U.S. dollars unless otherwise stated.

Overview of Our Business

Oroplata Resources, Inc. was incorporated on October 6, 2011 under the laws of the State of Nevada.  Our principal office is located at #3 – 7 San Marcos, Puerto Plata, Dominican Republic and our registered agent’s office is located at 123 West Nye Lane, Suite 129, Carson City, Nevada 89706.  Our telephone number is 809-970-2373 and our e-mail address is “getup84@hotmail.com”.

We are an Emerging Growth Company as defined in the Jumpstart Our Business Startups Act.
 
We shall continue to be deemed an emerging growth company until the earliest of—
 
(A) the last day of the fiscal year of the issuer during which it had total annual gross revenues of $1,000,000,000 (as such amount is indexed for inflation every 5 years by the Commission to reflect the change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics, setting the threshold to the nearest 1,000,000) or more;
 
(B) the last day of the fiscal year of the issuer following the fifth anniversary of the date of the first sale of common equity securities of the issuer pursuant to an effective registration statement under this title;
 
(C) the date on which such issuer has, during the previous 3-year period, issued more than $1,000,000,000 in non-convertible debt; or
 
(D) the date on which such issuer is deemed to be a ‘large accelerated filer’, as defined in section 240.12b-2 of title 17, Code of Federal Regulations, or any successor thereto.
 
As an emerging growth company we are exempt from Section 404(b) of Sarbanes Oxley. Section 404(a) requires Issuers to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures.
 
Section 404(b) requires that the registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting.
 
As an emerging growth company we are exempt from Section 14A and B of the Securities Exchange Act of 1934 which require the shareholder approval of executive compensation and golden parachutes.
 
We have irrevocably opted out of the extended transition period for complying with new or revised accounting standards pursuant to Section 107(b) of the Act.
 
Our Company is a start-up, exploration mining company formed to explore mineral properties in the Dominican Republic which, hopefully, will contain gold.

The Company has purchased, through its wholly-owned subsidiary, Oroplata Exploraciones E Ingenieria S.R.L (Orexi) (herein known as “Oroplata Exploraciones”)  a 100% interest in the Leomary Gold Claim (“Leomary”) consisting of 4,500 mining hectors located in the province of Monse ñ or Nouelan, municipality of Bonao.

The Leomary was assigned to Oroplata Exploraciones and the designation was filed with the Ministry of Industry and Commerce and Mining Directorate of the Government of the Dominican Republic and registered with file No. S9-046 dated April 4, 2012.
 
 
 
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Our director has advanced $81 by way of paying on behalf of the Company certain expenses relating to office and sundry.

As at September 30, 2012, we had $33,054 in cash on hand and current liabilities of $935 resulting in a positive working capital position of $32,119. For the six months ended March 31, 2013, we had $31,465 cash on hand and current liabilities of $3,071 resulting in a positive working capital position of $28,394.   We have undertaken basic exploration work under Phase I in the amount of $25,800 on the Leomary as more fully described on page 21.   To undertake Phase II of our exploration program we will require additional funds of $95,843; funds which the Company does not have at the present time and may never have.

The Leomary has had no production to date and hence is considered a grass roots property; limited exploration work has occurred in the past. There are no full-time employees and management is able to spend only a small amount of time with respect Oroplata’s affairs. We have no other assets other than cash and the Leomary .

In September 2012, we engaged the services of Ismael Martinez, Professional Geologist, to undertake a geological report on the Leomary. His report is dated the same month and more fully described on pages 16 to 25.   No decision has been made as to when Phase II will be undertaken but it is expected to commence in the last fall of 2013.

From our inception on October 6, 2011 through to March 31, 2013, we raised $80,000 in capital in a private placement by issuing 40,000,000 shares of common stock at the price of $0.002 per share to our sole director.  Subsequent to March 31, 2013 we have raised no further funds other than advances from our director for payment of certain Company expenses.

We have one wholly-owned subsidiary called Oroplata Exoraciones E Ingenieria, Orexi, SRL which was incorporated under the laws of the Dominican Republic on December 26, 2011 .

This prospectus relates to the resale of 15,000,000 shares of our common stock, par value of $0.001, by our sole shareholder, Hilario Santos Sosa, who beneficially own shares of our common stock (the “Selling Security Holder”).  We are not selling any shares of the Company’s common stock in this offering and therefore we will not receive any proceeds from this offering.

The shares will be sold at the fixed price of $0.0 0 3 .

Our common stock is not currently traded on the OTC Bulletin Board (the “OTCBB”) or the Pink Sheets but it is the plan of the Company to register its common stock for quotation on the OTCBB .   When this prospectus becomes effective the shares will be offered for sale by our selling security holder at a price of $0.0 0 3 per shares.

Details of our offering by our Selling Security Holder are as follows:

  Common Stock Outstanding Prior to the Offering
40,000,000 shares
   
Common Stock to be Outstanding Following the Offering
40,000,000 shares
   
Common Stock Offered
15,000,000 shares
   
Offering Price
$0.003 per share
   
Aggregate Offering Price
$45 ,000
   
Selling Security Holder
One (1)
   
Use of Proceeds
We will not receive any of the proceeds of the shares offered by the Selling Security Holder.
   
Underwriters
The Selling Security Holder is an underwriters, within the meaning of Section 2(a)(11) of the Securities Act.
   
Plan of Distribution
The Selling Security Holder named in the Prospectus is making this offering at a fixed price of $0.003 per share .
   
Lack of Liquidity [No Public Market]
Without being traded on a recognized exchange or quotation system there is no assurance that the shares being offered under this Prospectus will ever have an established value and might prove to be worthless.
 
 
 
-2-

 
 
 

 
Proceeds to the Selling Security Holder does not include any offering costs which will comprise accounting, audit, legal, transfer agent ‘s fees, any printing costs and filing fees estimated to be in the range of $21,506.  All these expenses will be paid by the Company.

FORWARD-LOOKING STATEMENTS

This prospectus, particularly in the sections titled “Prospectus Summary,” “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business,” contains forward-looking statements that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this prospectus, including statements regarding our future financial condition, business strategy and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “might,” “objective,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions described under the section titled “Risk Factors” and elsewhere in this prospectus, regarding, among other things:

 
our further attempts at exploring the Leomary might result in the Company finding virtually no other minerals, other than what has already been identified, and hence no reserves on the Leomary;
     
 
future exploration will require further funds and we might not be able to raise any funds for our exploration activities;
     
 
we may not be able to identify any other mineral properties either in the Dominican Republic or elsewhere and hence eventually have to cease operations;
     
 
we may not be able to complete with other mining companies, either large or small, who are in the Dominican Republic;
     
 
there is no assurance we will be able to manage our future growth; and
     
 
even thought our President is a geologist we might not be able to find other qualified individuals to work on the Leomary;

These risks are not exhaustive. Other sections of this prospectus may include additional factors that could adversely impact our business and financial performance. These statements reflect our current views with respect to future events and are based on assumptions and subject to risk and uncertainties. Moreover, we operate in a very competitive and rapidly-changing environment. New risk factors emerge from time to time and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
 
You should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither we nor any other person assume responsibility for the accuracy and completeness of the forward-looking statements. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this prospectus to conform these statements to actual results or to changes in our expectations.
 
 

 
 
-3-

 
 
 
 
 
You should read this prospectus and the documents that we reference in this prospectus and have filed as exhibits to the registration statement on Form S-1, of which this prospectus is a part, that we have filed with the SEC with the understanding that our actual future results, levels of activity, performance and achievements may be materially different from what we expect – refer to Risk Factors starting on page 4. We qualify all of our forward-looking statements by these cautionary statements.

We are a exploration stage company who has obtained the mineral rights to the Leomary claim located in Dominican Republic but to date have only this one mineral claim.   We hold the title to 100% of the minerals on the Leomary which consists of 4,500 hectares (11,120 acres).  The Leomary Claim is located in the province of Monse ñ or Nouel which is in the municipality of Bonao roughly 90 miles from Santo Domingo; the capital of the Dominican Republic.  To date we have conducted an initial exploration program whereby soil, rock and sediment samples were collected from various zones on the Leomary.
 
Oroplata has not earned any revenue from its mining operations and we do not anticipate we will be able to earn any revenue until such times as we can put the Leomary into production, which may never happen.  We are virtually doing “grass root” exploration in order to determine if an ore body exists on the Leomary. We can provide no assurance that we will discover commercially exploitable levels of mineral resources on the Leomary Claim, or if such deposits are discovered, that we will enter into further substantial exploration programs.   In our opinion we do not have sufficient funds in our Company to take our program beyond the exploration stage to the stage wherein we decide to go into production.  To be at the next stage we will require an injection of funds in order to complete our plan of operation.

The Offering

The Offering:
The selling security holder is offering up to 15 ,00 0,000 shares of our common stock, par value $0.001 per share, at a fixed price of $0.003 per share.  Hilario Santos Sosa, our President and Director will be acting as an underwriter for this Offering.  Mr. Sosa purchased shares of our common stock offered in a private placement transaction on October 14, 2011 at a price of $0.002 per share. The issuance of the shares was exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”).  The proceeds of any sale of our common stock made by Mr. Sosa under the Offering will be kept by him .
 
Common Stock Outstanding Before and After the Offering:
 
40,000,000 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 Mr. Sosa as an underwriter of the Offering .
 
Use of Proceeds:
We will not receive any proceeds from the sale of the common stock by Mr. Sosa .
 
Termination Date:
This offering will terminate nine months after this prospectus is declared effective by the SEC .
 
Risk Factors

The “Risk Factors” below are provided for a potential investor as information before he or she makes a decision to invest in Oroplata and therefore should be reviewed as an integral part of this prospectus.  There is a high degree of risk in the purchase of our common shares and a potential investor should be aware of these risk factors before making a decision to purchase shares in our Company’s common stock.  If any of the following risk materialize, it could be extremely harmful to the future operations of Oroplata and have an adverse effect on our stock price, if and when it ever is quoted.   A potential investor must be aware that he or she could lose their entire investment in Oroplata.
 
 
 
 
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Risks Factors Which May Effect Our Business

 
Because our auditors have issued a going concern opinion and we may not be able to achieve our objectives and may have to suspend or cease exploration activity .
 
Our auditors' report on our May 22, 2013 financial statements, as included in the prospectus, expressed an opinion that our Company’s capital resources as of September 30, 2012 are not sufficient to sustain operations or complete our planned activities for the upcoming year unless we are able to raise additional funds in the near future due to our estimated future exploration costs and need for working capital.   These conditions raise substantial doubt about our ability to continue as a going concern.   If we do not obtain additional funds there is the distinct possibility that we will no longer be a going concern and will cease operations which means any potential investor acquiring shares under this offering will lose their entire investment in Oroplata.
 
  
Since mineral exploration is a highly speculative venture, any potential investor purchasing our stock under this offering might likely lose their entire investment.
 
Potential investors should be aware of the difficulties normally encountered by new mineral exploration companies such Oroplata and the high rate of failure of companies such as ours.  Exploration for minerals is a speculative venture necessarily involving substantial risk.  The expenditures to be made by us on our exploration program may not result in the discovery of commercially exploitable reserves of valuable minerals.  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 Leomary which we are planning to undertake in the future. The probability of a mineral claim ever having commercially exploitable reserves is extremely remote, and in all probability the Leomary does not contain any reserves.  Any funds spent on the exploration of the Leomary will probably be lost.  Problems such as unusual or unexpected formations and other conditions are involved in mineral exploration and often result in unsuccessful exploration efforts. We may also become subject to significant liability for pollution, cave-ins or hazards, which we cannot insure or which we may elect not to insure.  In such a case, we would be unable to complete our business plan and our future shareholders may lose their entire investment.

  
If we don't obtain additional financing our business may fail.
 
Our cash as of March 31, 2013 is not estimated to be sufficient to complete Phase II of our proposed exploration on the Leomary.  We will need to obtain additional financing in order to complete our business plan.  As of March 31, 2013, we had cash on hand of $31,465 against $3,071 in current liabilities.  Our business plan calls for significant expenses in connection with the exploration of the Leomary.  Our next phase of the proposed exploration program on the Leomary Claim as recommended by our consulting geologist is estimated to cost $95,843.  Furthermore, if our exploration program is successful in discovering commercially exploitable reserves of valuable minerals, we will require additional funds in order to place the Leomary into commercial production.  While we do not presently have sufficient information about the claims to estimate the amount required to place the mineral claims into commercial production, there is a risk that we may not be able to obtain whatever financing is required.  Obtaining additional financing will depend on a number of factors, including market prices for minerals, investor acceptance of the Leomary, and investor sentiment.  These factors may make the timing, amount, terms or conditions of additional financing unavailable to us. If we are unsuccessful in obtaining additional financing when we need it, our business may fail before we ever become profitable and our shareholders may lose their entire investment.

  
It is impossible to evaluate the investment merits of our company because we have no operating history.
 
We are an exploration stage company with no operating history upon which an evaluation of our future success or failure can be made.  We were incorporated on October 6, 2011, and, to date, we have accumulated a net loss of $51,606 against no revenue.  Thus far, our activities have been primarily limited to organizational matters, acquiring our mineral claim, obtaining a geology report, undertaking preliminary exploration work on the Leomary and the preparation and filing of this registration statement of which this prospectus is a part.
 
 
 
 
-5-

 

 
 
We have no known mineral reserves on the Leomary.

Our Company is in the initial phase of our exploration program on the Leomary.  It is unknown whether the Leomary contains viable mineral reserves.  If we do not find a viable mineral reserve, or if we cannot exploit the mineral reserve, either because we have insufficient capital resources or because it is not be economically feasible to do it, we may have to cease operations and any potential investor may lose their investment.  Mineral exploration is a highly speculative endeavor.  It involves many risks and is often non-productive.  Even if mineral reserves are discovered on the Leomary our production capabilities will be subject to further risks and uncertainties including:

(i)  
Costs of bringing the Leomary into production including exploration work, preparation of production feasibility and environmental studies, and construction of production facilities, all of which we have not budgeted for;
(ii)  
Availability and costs of financing;
(iii)  
Ongoing costs of production; and
(iv)  
Environmental compliance regulations and restraints.
 
  
Market factors in the mining business are out of our control and so we may not be able to profitably sell any minerals that we find.
 
We have no known ore reserves but even if we are successful in locating commercially exploitable reserves of valuable minerals, we can provide no assurance that we will be able to sell such reserves.  Numerous factors beyond our control may affect the marketability of any minerals discovered. These factors include fluctuations in the market price of such minerals due to changes in supply or demand, the proximity and capacity of processing facilities for the discovered minerals, government regulations, including regulations relating to prices, taxes, royalties, land tenure, land use, importing and exporting of minerals and environmental protection. The precise effect of these factors cannot be accurately predicted, but the combination of these factors may result in us not receiving an adequate return on invested capital so that our investors may lose their entire investment.
 
  
If we cannot compete successfully with other exploration companies, our exploration program may suffer and our shareholders may lose their investment.
 
Many of the resource exploration stage companies located in the Dominican Republic with whom we compete have greater financial and technical resources than we do. Accordingly, these competitors may be able to spend greater amounts on acquisitions of properties of merit and on exploration of their properties. In addition, they may be able to afford greater geological expertise in the targeting and exploration of resource properties.  As a result, our competitors will likely have resource properties of greater quality and interest to prospective investors who may finance additional exploration and to senior exploration stage companies that may purchase resource properties or enter into joint venture agreements with junior exploration stage companies.  This competition could adversely impact our ability to finance the exploration of the Leomary.
 
  
Because we anticipate our future operating cost of the Leomary will increase prior to Oroplata earning revenue, we may never achieve profitability.

Prior to completion of our exploration activities, we anticipate we will increases operating expenses on the exploration of the Leomary without realizing any revenues from the minerals thereon. We, therefore, expect to incur significant losses into the foreseeable future. We recognize that if we are unable to generate significant revenues from the exploration of our mineral claims and the production of minerals thereon, if any, 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 we may not be able to ever generate any operating revenues or achieve profitable operations. If we are unsuccessful in addressing these risks, our business will most likely fail.



 
-6-

 


  
We may not have access to all of the supplies and materials we need to further explore the Leomary which could cause us to delay or suspend exploration activity.
 
Provided we have sufficient funds to carry out exploration activity, competition and unforeseen limited sources of supplies in the industry could result in occasional spot shortages of supplies, such as dynamite, and certain equipment such as bulldozers and excavators that we might need to conduct further exploration on the Leomary. We have not attempted to locate or negotiate with any suppliers of products, equipment or materials. We will attempt to locate products, equipment and materials as and when we are able to raise the requisite capital.  If we cannot find the products and equipment we need, we will have to suspend our exploration plans until we do find the products and equipment we need.
 
  
Since our officer and director has other business interests including being a geological consultant, he will be devoting approximately forty hours per month to our operations, which may result in periodic interruptions or suspensions of exploration .
 
Our officer, Mr. Sosa, has other outside business activities due to his being a geological consultant and will only be devoting approximately 20 hours per month, to our operations.  As a result, our operations may be sporadic and occur at times that are convenient to him.  Consequently, our business activities may be periodically interrupted or suspended.

 
Because mineral exploration and development activities are inherently risky, we may be exposed to environmental liabilities. If such an event were to occur it may result in a loss of a potential investor’s investment in our company.
 
The business of mineral exploration and extraction involves a high degree of risk. Few properties that are explored are ultimately developed into production. At present, the Leomary, our sole property, does not have a known body of commercial ore. Unusual or unexpected formations, formation pressures, fires, power outages, labor disruptions, flooding, explosions, cave-ins, landslides and the inability to obtain suitable or adequate machinery, equipment or labor are other risks involved in extraction operations and the conduct of exploration programs. We do not carry liability insurance with respect to our mineral exploration operations and we may become subject to liability for damage to life and property, environmental damage, cave-ins or hazards. There are also physical risks to the exploration personnel working in the rugged terrain of the Leomary, often in poor climatic conditions. Previous mining exploration activities may have caused environmental damage to the Leomary.  It may be difficult or impossible to assess the extent to which such damage was caused by us or by the activities of previous operators, in which case, any indemnities and exemptions from liability may be ineffective. If the Leomary is found to have commercial quantities of ore, we would be subject to additional risks respecting any development and production activities. We would also be subject to an environmental study imposed by the Ministry of Mines for the Dominican Republic prior to a production decision being made.   This usually is a costly study for which we presently do not have the resources to undertake.  Most exploration projects do not result in the discovery of commercially mineable deposits of ore.  

   Assurance of Title to the Leomary

We have taken all reasonable steps to attempt to ensure that proper title to the Leomary has been obtained and that all grants of such rights thereunder, if any, have been registered with the appropriate public offices in the Dominican Republic .   Despite the due diligence conducted by us, there is no guarantee that title to the Leomary will not be challenged or impugned. Our mineral property interests may be subject to prior unregistered agreements or transfers and title may be affected by undetected defects.

 
The Leomary is located in the Dominican Republic and is subject to changes in political conditions and regulations in that country.
 
The Leomary is located in the Dominican Republic.  In the past, the Dominican Republic has been subject to political and social changes and uncertainties which may cause changes to existing government regulations affecting mineral exploration and mining activities.  Our mineral exploration activities in the Dominican Republic may be adversely affected in varying degrees by changing governmental regulations relating to the mining industry or shifts in political conditions that increase the costs related to our activities or maintaining our the Leomary Claim.  Finally, the Dominican Republic’s status as a developing country may make it more difficult for us to obtain required financing for our property.
 
 
 
 
-7-

 
 
 
 
Since substantially all of our assets, our sole director and officer are outside the United States it may be difficult for potential investors to enforce within the United States any judgments obtained against us or our sole officer and director.
 
Substantially all of our assets are located outside the United States and we do not currently maintain a permanent place of business within the United States. We were incorporated in the State of Nevada and have an agent for service in Carson City, Nevada.  Our agent for service will accept on our behalf the service of any legal process and any demand or notice authorized by law to be served upon a corporation.  Our agent for service will not, however, accept service on behalf of our sole officer or director.  Our sole officer and director is a resident of the Dominican Republic and he does not have an agent for service in the United States.  Therefore, it may be difficult for investors to enforce within the United States any judgments obtained against us or our sole officer or director, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state thereof.

 
If we are unable to hire and retain key personnel, we may not be able to implement our business plan and our business will fail.
 
We will compete with other mining companies in the recruitment and retention of qualified managerial and technical employees.  Even thought our President is a geologist himself he will require other qualified individuals to help explore and, hopefully, develop the Leomary.   Our success will be largely dependent upon our ability to hire highly qualified personnel.  This is particularly true in highly technical businesses such as mineral exploration. These individuals may be in high demand since there are numerous mining companies, both large and small, actively exploring mineral properties in the Dominican Republic and we may not be able to attract the individuals we need.  In addition, we may not be able to afford the high salaries and fees demanded by qualified personnel, or may lose such employees after they are hired.  Currently, we have not hired any key personnel other than our sole director and officer and we do not intend to do so for the next 12 months and until we have proved mineral reserves.  If we are unable to hire key personnel when needed, our exploration program may be slowed down or suspended.

 
There is a significant cost associated with reporting under the Exchange Act which might have a financial impact upon our operations.

Once our registration statement becomes effective by the SEC, Oroplata will become a reporting company under the Exchange Act.  As a result, we will be required to file annual and quarterly reports and proxy materials with the SEC.  Due to the significant cost associated with meeting these reporting obligations, we may have insufficient funds for the exploration and development of the Leomary which may cause our business to fail.

Risks Related To the Ownership of Oroplata Common Shares

 
Purchasers of our common stock, offered by our selling security holder, may not be able to resell any shares they purchase through this offering because we do not intend to register our shares in any state and there is no public market for our shares.

It may difficult or impossible for investors to sell our common stock or for them to sell our common stock for more than the offering price even if our operating results are positive.  We do not intend to register our common stock with any State.  Therefore, investors will not be able to resell their shares in any State unless the resale is exempt under the Blue Sky laws of the State in which the shares are to be sold.  Our common stock is also not currently listed or quoted upon any established trading system.  Currently our common stock is held by our sole director and officer which reduce the liquidity of our common stock.  Furthermore, we arbitrarily determined the offering price of our common stock, without considering assets, earnings, book value, net worth or other economic or recognized criteria or future value of our common stock.  Market fluctuations and volatility, as well as general economic, market and political conditions, could reduce our market price.
 
 
 
-8-

 
 

 
 
Our sole director and officer owns all of the voting stock, which will allow him to make decisions and effect transactions without any shareholder approval.

Our director and officer own 100% of our issued and outstanding shares.  If this prospectus becomes effective and he is able to sell the 15,000,000 shares being offered under this prospectus, he will still have 62.5% of the issued shares.  Accordingly, he will be able to control, among other things, the outcome of stockholder votes, including the election of directors, adoption of amendments to our Bylaws and Articles of Incorporation and approval of significant corporate transaction such as mergers.

 
Without a public market there is no liquidity for our shares and our potential investors may never be able to sell their shares which would result in a total loss of their investment.

Our common shares are not listed on any exchange or quotation system and do not have a market maker which results in no market for our shares.   Therefore, our future shareholders will not be able to sell their shares in an organized market place unless they sell their shares privately.  If this happens, our future shareholders might not receive a price per share which they might have received had there been a public market for our shares.  Once this registration statement becomes effective, it is our intention to apply for a quotation on the ‘Over the Counter Bulletin Board’ (“OTCBB”) whereby:

We will have to be sponsored by a participating market maker who will file a Form 211 on our behalf since we will not have direct access to the FINRA personnel; and
   
We will not be quoted on the OTCBB unless we are current in our periodic reports; being at a minimum Forms 10K and 10Q; filed with the SEC or other regulatory authorities.

Presently, we estimate the time it will take us to become effective with this prospectus will be six months plus twelve to eighteen additional weeks thereafter to be approved for a quotation on the OTCBB.  However, we cannot be sure we will be able to obtain a participating market maker or be approved for a quotation on the OTCBB.   If this is the case, there will be no liquidity for the shares of our shareholders.

 
Even if a market develops for our shares, our shares may be thinly traded, with wide share price fluctuations, low share prices and minimal liquidity.

If a market for our shares develops, the share price may be volatile with wide fluctuations in response to several factors, including:

Potential investors’ anticipated feeling regarding our results of operations;
Increased competition and/or variations in mineral prices;
Our ability or inability to generate future revenues; and
Market perception of the future of the mineral exploration industry.

In addition, if our shares are traded on the OTCBB, our share price may be impacted by factors that are unrelated or disproportionate to our operating performance.  Our share price might be affected by general economic, political and market conditions, such as recessions, interest rates or international currency fluctuations.  In addition, even if our stock is approved for quotation by a market maker through the OTCBB, stocks traded over this quotation system are usually thinly traded, highly volatile and not followed by analysts.  These factors, which are not under our control, may have a material effect on our share price.

 
 In the future we feel that we will need to sell additional shares to meet our cash needs which will result in a dilution effect to our shareholders.

One way we will be able to obtain additional funds for working capital and for future exploration work on the Leomary is through the issuance of shares from our Treasury.  Any future issuance of shares by our company will cause a dilution effect to our existing shareholder in that their percentage ownership in our company will be reduced percentage wise.  The more shares we have to issue the greater the dilution effect to our existing shareholders.
 
 
 
 
-9-

 

 

 
Applicable SEC rules governing trading of ‘penny stocks’ limit the liquidity of our common stock which could make it more difficult for our potential investors to sell their shares.
 
As the shares of our common stock are ‘penny stock’, many brokers are unwilling to effect transactions in such common stock which can make it difficult for our potential shareholders to sell their shares of our common stock if a market develops for that common stock.

Our common stock is defined as a ‘penny stock’ pursuant to Rule 3a51-1 pursuant to the Securities Exchange Act of 1934. Penny stock is subject to Rules 15g-1 through 15g-10 of the Securities Exchange Act of 1934.  Those rules require broker-dealers, before effecting transactions in any ‘penny stock’, to:

 
Deliver to the customer and obtain a written receipt for giving him the disclosure document;
     
 
Disclose certain price information regarding the penny stock;
     
 
Disclose the amount of compensation received by the broker-dealer or any associated person of the broker dealer;
     
 
Send monthly statements to the customer with market and price information about the penny stock, and
     
 
In some circumstances, approve the purchasers account pursuant to certain standard and deliver written statements to the customer with information specified in those rules.

Rather than comply with those rules, many broker-dealers refuse to enter into penny stock transactions which may make it more difficult for investors to sell their shares of our common stock and thereby liquidate their investments.

  USE OF PROCEEDS

We will not receive any proceeds from the sale of the common stock offered through this prospectus by the underwriter, Mr. Hilario Santos Sosa.  The common stock being sold through this prospectus was sold by us to Mr. Sosa on October 14, 2011 at a price of $0.002 per share or aggregate proceeds of $80,000.

DETERMINATION OF OFFERING PRICE

The $0. 00 3 per share offering price of our common stock was arbitrarily determined based on our internal assessment of what the market would support.  There is no relationship whatsoever between this price and our assets, earnings, book value or any other objective criteria of value.

We intend to apply to the OTC Bulletin Board for quotation of our common stock upon our becoming a reporting entity under the Exchange Act and upon completion of this Offering.  We intend to file a registration statement under the Exchange Act concurrently with the effectiveness of the registration statement of which this prospectus forms a part.  Mr. Sosa is deemed to be an underwriter for this Offering and must offer his shares at a fixed price of $0.003 per share even if our shares are quoted on the OTC Bulletin Board prior to the termination of this Offering.

DILUTION

There will be dilution to our existing stockholder, being our sole director and officer, since the percentage ownership he has in our Company prior to this Offering is 100% whereas afterwards he will have 62.5% ownership.   There is no dilution effect to the potential shareholders since the common stock to be sold in this Offering is common stock that is currently issued and outstanding.

 

 
-10-

 
 
SELLING SECURITY HOLDER

The selling security holder, Hilario Santos Sosa, is offering 15,000,000 shares of common stock.  Mr. Sosa acquired the shares of common stock from us at a price of $0.002 per share in a private placement offering on October 14, 2011.  The private placement was exempt from registration under section 4(2) of the Securities Act.

The following table provides information regarding the beneficial ownership of our common stock held by Mr. Sosa as of April 30, 2013, the total number of shares that are to be offering by him, and the total number of shares that will be owned by him upon completion of this Offering.

Name Of Selling Security Holder (1)
Beneficial Ownership
Before Offering (1)
Number of Shares Being Offered
Beneficial Ownership
After Offering (1)
Number of Shares
Percent (2)
Number of Shares
Percent (2)
           
Hilario Santos Sosa (3)
40,000,000
100%
15 ,000,000
25,000,000
62.5%
 
Notes :
 
(1)  
The number of shares of our common stock beneficially owned has been determined in accordance with Rule 13d-3 under the Exchange Act, and such information is not necessarily indicative of beneficial ownership for any other purpose. Under Rule 13d-3, beneficial ownership includes any shares as to which a selling security holder has sole or shared voting power or investment power and also any shares which that selling security holder has the right to acquire within 60 days of the date of this prospectus through the exercise of any stock options or warrants.
(2)  
The percentages of beneficial ownership are based on 40,000,000 shares of common stock issued and outstanding.
(3)  
Mr. Sosa, our sole officer and director, is an underwriter to this offering.


PLAN OF DISTRIBUTION

The shares of our common stock being offered through this prospectus will be sold by Hilario Sosa as an underwriter.  Mr. Sosa will promptly commence to sell his shares being offered after this registration statement is declared effective and he may continue to sell those shares on a continuous basis thereafter.  The shares being sold by Mr. Sosa will be sold at a fixed price of $0.003 per share, even if a public trading market for our common stock develops.

Mr. Sosa will keep all of the proceeds from any sales of the shares offer under this prospectus.  Oroplata does not know if any or all of these common shares offered will be sold.  We have estimated the offering costs will be $21,506.  Oroplata will be paying all of the costs related to this offering of common stock.

Estimated Costs Associated with the Issuance and Distribution

Expenses (1)
 
   
Accounting fees and bookkeeping charges
    $     6,000
Legal fees
1,000
Miscellaneous  and sundry expenses
2,500
Registration Statement Preparation
10,000
SEC Registration Fee
6
Transfer Agent Fees
 2,000
   
Total
$   21,506

 
 
 
-11-

 
 

 
Note:
(1)   All amounts are the best estimates of management, other than the SEC's registration fee.

Oroplata is paying all expenses of the offering listed above and no amount will be paid by the Selling Security Holder.  Nevertheless the Selling Security Holder will pay for any expenses relating to having to sell his shares which includes such things as brokerage commissions and other cost associated with selling his shares.

In selling his shares, Mr. Sosa must comply with the requirements of the Securities Act and the Exchange Act in the offer and sale of the common stock. Mr. Sosa is deemed to be an “underwriter” within the meaning of the Securities Act in connection with such sales.  In particular, during such times as Mr. Sosa may be deemed to be engaged in a distribution of the common stock, and therefore be deemed to be an underwriter, he must comply with applicable law and may among other things:

1.  
Not engage in any stabilization activities in connection with our common stock; and

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.

If another underwriter is selected in connection with this Offering, an amendment will be filed to identify the underwriter, disclose the arrangements with the underwriter, and we will file the underwriting agreement as an exhibit to this prospectus.

Mr. Sosa is aware that the anti-manipulation provisions of Regulation M under the Exchange Act will apply to purchases and sales of shares of common stock by him, and that there are restrictions on market-making activities by persons engaged in the distribution of the shares.  Under Regulation M, Mr. Sosa or his agents may not bid for, purchase, or attempt to induce any person to bid for or purchase, shares of our common stock while Mr. Sosa is distributing shares covered by this prospectus.  Accordingly, Mr. Sosa is not permitted to cover short sales by purchasing shares while the distribution is taking place.  Mr. Sosa is advised that if a particular offer of common stock is to be made on terms constituting a material change from the information set forth above with respect to the Plan of Distribution, then, to the extent required, a post-effective amendment to the accompanying registration statement must be filed with the SEC.
 
DESCRIPTION OF SECURITIES TO BE REGISTERED

Common Stock

Our authorized capital is comprised of 500,000,000 shares of common stock, par value of $0.001 per share, of which 40,000,000 shares of common stock issued and outstanding.

Any future shareholder in our Company will have the right to cast one vote for each share held of record on all matters submitted to a vote of the holders of our common stock, including the election of directors. Our existing and future shareholders will not have cumulative voting rights in the election of directors. Pursuant to the provisions of the Nevada Revised Statutes (“NRS”) and Section 8 of our Bylaws, at least one percent of the outstanding shares of stock entitled to vote must be present, in person or by proxy, at any meeting of our stockholders in order to constitute a valid quorum for the transaction of business.  Actions taken by stockholders at a meeting in which a valid quorum is present are approved if the number of votes cast at the meeting in favor of the action exceeds the number of votes cast in opposition to the action, provided, however, that directors shall be elected by a plurality of the votes of the shares present at the meeting and entitled to vote.  Certain fundamental corporate changes such as the sale of all of our assets, completing a merger or amending our Articles of Incorporation require the approval of holders of a majority of the outstanding shares entitled to vote.

Holders of our common stock do not have any preemptive rights to purchase shares in any future issuances of our common stock or any other securities.  There are no redemption or sinking fund provisions applicable to our common stock.
 
 
 
-12-

 
 

 
In the event of the liquidation, dissolution or winding up of our affairs, all our assets and funds remaining after the payment of all debts and other liabilities are to be distributed, pro rata, among the holders of our common stock.

Dividend Rights

To date, Oroplata has never declared or paid a dividend to our sole shareholder of our common stock.  The Company intends to use any available funds to assist in the exploration of the Leomary and to provide working capital for the Company.   It is extremely doubtful whether a dividend will be paid in the immediate future since any and all excess cash will be used to fund the operation of Oroplata.  At this time, management is not considering the payment of any stock dividends.

The current and future holders of our common stock are entitled to receive dividends pro rata based on the number of shares held, when and if declared by our board of directors, from funds legally available for that purpose.  NRS prohibits us from declaring dividends where, after giving effect to the distribution of the dividend, we would not be able to pay our debts as they become due in the ordinary course of business, or our total assets would be less than the sum of our total liabilities.

Our Articles of Incorporation and Bylaws do not contain provisions restricting our ability to pay dividends 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 our company or any of its parent or subsidiary. Nor was any such person connected with our company, or any of its parent or subsidiary, a promoter, managing or principal underwriter, voting trustee, director, officer, or employee.

Gary R. Henrie, attorney at law, has assisted us in the preparation of this prospectus and registration statement and will provide counsel with respect to other legal matters concerning the registration and offering of the common stock.   He has given his opinion on the tradeability of the shares under Exhibit 5 attached to the Form S-1 filed with the SEC.

Goldman Accounting Services PLLC (“Goldman”), our independent registered public accountants, have audited our financial statements included in this prospectus and registration statement to the extent and for the periods set forth in their audit report.  Goldman has presented their report with respect to our audited financial statements.  The report of Goldman is included in reliance upon their authority as experts in accounting and auditing.

Ismael Martinez prepared our geological evaluation report entitled “Independent Geological Mapping of the Leomary Property for Oroplata Exploraciones E Ingenieria S.R.L.”.  Mr. Martinez graduated from National Institute of Mexico in 1975 as an Engineer of Geology Science and in 1981 obtained a Master’s of Science from the same university.


INFORMATION REGARDING OROPLATA RESOURCES, INC.

Business

Oroplata Resources, Inc. was incorporated under the laws of the State of Nevada on October 6, 2011.

Oroplata Resources, Inc. is considered to be an exploration stage company engaged in the exploration of mineral properties. Presently it has a 100% interest in the mineral rights to a mineral claim named Leomary which consists of 4,500 hectares (approximately 11,100 acres).  The Leomary is located in the province of Monse ñ or  Nouel, municipality of Bona which is approximately 90 miles from Santo Dominigo; the capital of the Dominican Republic.
 
 
 
 
-13-

 
 

 
Oroplata has performed an initial exploration program on the Leomary as more fully described on page 21.   We will undertake a further exploration program in the last part of fall of 2013 at an estimated cost of $95,843 as described on page 25.  A description of the Leomary is provided under the heading “Property Description and Location ” below.

Oroplata has not earned any revenues to date and we do not anticipate earning revenues until such time as we enter into commercial production of the Leomary .   Our Company is presently considered to be exploration stage since we have not done sufficient exploration work to identify whether there are any reserves associated with the Leomary.   There is no assurance that commercially viable mineral deposits exist on the Leomary, or that, if such deposits are discovered, we will be able to enter into further substantial exploration or development programs.  Further exploration is required to determine the economic and legal feasibility of the Leomary .

Compliance with Government Regulations – Essentials of Mining Laws

In the Dominican Republic the laws relating to mineral exploration and development are contained under the “Mining Law of the Dominican Republic – Law No. 146”.   The important components of the mining law are as follows:

-  
Filing of an application involves two publications in a Dominican newspaper and the annual payment of fees.

-  
All mining titles are to be delivered to a Dominican Republic company. Exploration titles may also be delivered to individuals or a foreign company, with certain exceptions (e.g. government employees or their immediate relatives and foreign governments).

-  
Resolutions granting mineral title are issued by the Secretaría de Estado de Industria y Comercio (currently Ministry of Industry and Commerce) following a favorable recommendation by the Dirección General de Minería.

-  
A company may have exploration and mining titles over a maximum of 30,000 hectares. An exploration title is valid for 3 years and may be followed by two one year extensions. At the end of the 5 year period, the owner of the title applies for an exploitation permit, or a new round of exploration permitting may be started at the discretion of the mining department.

-  
An agreement must be reached with surface rights owners (formal or informal) for each phase of exploration work. If mining is envisioned, land must be bought. A procedure exists in which government mediation is used to resolve disagreements, and this process may ultimately end in expropriation at a fair price.

-  
Legal descriptions of exploration and mining concessions are based on polar co ordinates relative to a surveyed monument. The monument location is defined in UTM co ordinates, NAD27 datum. The concession boundaries are not marked or surveyed.
 
 
 
-14-

 
 
 
 
The documents and requirements a company would be required to file in order to obtain a license for mining exploration are as follows:

1.
 
Name, nationality, address, profession, identification number of the applicant or their agent or the holder of a corresponding special power.
     
2.
 
Name of the claim or concession.
     
3.
 
Location, indicating: province, municipality, section or village.
     
4.
 
Description of the starting point that will be necessary within or on the perimeter of the claim, determining the direction and distance of same reference point.   These points should be located at a distance of not less than 150 feet, or within1,500 feet.   The point must be visible from one another.   The point of reference should be related to three or more visual in direction of topographical characteristic points of the area.
     
5.
 
The amount of mining hectares indicating the boundaries and the amount limited by law.
     
6.
 
Three or more personal references about the moral, technical and economic capacity of the applicant.
     
7.
 
Name of adjoining claims or concessions if any.
     
8.
 
Name(s) of (the) owner(s) or occupant(s) of (the) field(s) if any.
     
9.
 
The plans and drawings of an exploration area must be submitted at scales form 1:5,000 to 1:20,000, in original.
     
10.
 
A copy of the topographic map at 1:5,000 scale, indicating the geological location of the concession area, specifying number, series and corresponding map edition.
     
11.
 
Two (2) receipt payment to Internal Revenue Office for ten Dominican Pesos .

Environmental Permits

Important components of environmental law in the Dominican Republic are:

-  
An environmental permit is not necessary to conduct geological mapping, stream sediment, sampling, line cutting or geophysical surveys.

-  
A letter of no objection ( Carta de no objección ) from the Ministry of Environment is all that is required for trenching and initial drilling, as long as access routes need not be constructed. This letter is based on a brief technical description submitted by the company.

-  
Additional drilling and the construction of any access roads warrant an environmental license that is valid for one year. A report must be filed by the company and must include technical and financial aspects that take into account remediation costs.

-  
At the feasibility stage, an environmental impact study must be submitted and approved by the government.   Such a study could cost in the amount of $100,000.

Competition

Oroplate is a exploration stage company which has to compete with other companies searching for minerals in the Dominion Republic and seeking financing for the development of their specific properties. Often, in not in all cases, these other mineral companies are better financed, have properties which have had sufficient exploration work done on them to warrant a future investor to consider investing in their company rather than ours.  There is only a limited number of investors willing to invest in a company which had no proven reserves and is just started its exploration work. These other mineral exploration companies might induce investors to consider their properties and not ours.  Hence, any additional funds they receive will be directed to the future exploration work on their properties whereas our company might be strap for funds and unable to do any worthwhile exploration work on the Leomary.  We might never be able to compete against these other companies and hence never bring the Leomary into a stage where a production decision is to be made.  In addition, we will have to compete with both large and small exploration companies for other resources we will need; professional geologists, transportation to and from the Leomary, materials to set up a camp if required and supplies including drill rigs.
 
 
 
-15-

 
 
 
Employees

Other than our sole director and officer we do not have any other employees.   He devotes approximately 20 hours a month to our operations but will increase the number of hours when Phase II program is started in the last fall of 2013.   Being a professional geologist Mr. Sosa will be active in overseeing the exploration work on the Leomary and determining the next stage of exploration work to be undertaken by the Company.

In September 2012 we engaged the services of Ismael Martinez, Professional Geologist, to prepare a geological report on the Leomary detailing the work undertaken as at the date of his report and to recommend a second exploration program.  We have used not other consultants relating to the Leomary .

Research and Development Expenditures

Oroplata has not expended any money on research and development since its inception.

Patents and Trademarks

Oroplata does not have any patents or trademarks .


Property

Oroplata office is at #3 – 7 San Marcos, Peurto Plata, Dominican Republic.  This is the private residence of Mr. Sosa who is our sole officer and director.   At the present time Oroplata does not require its own office space due to having limited employees, other than Mr. Sosa, but will consider renting office space once our exploration and staff requirements demand it.   This might occur subsequent to Phase II of our exploration work on the Leomary.

The Leomary was obtained by Oroplata Exploraciones E Ingenieria, Orexi,  SRL, and the designation was filed with the Ministry of Industry and Commerce and Mining Directorate of the Government of the Dominican Republic and registered with file No. S9-046 dated 04 of April 2012.

Oroplate owns no real estate as such and only has an interest in the minerals on the Leomary.    The Company does not own the property itself but has the exclusive rights to explore and develop any minerals on the Leomary.


 
-16-

 


 
Information relating to the Leomary Gold Claim:

Name of Claim:
Leomary Gold Claim
   
File Number:
S9-046
   
Date of acquiring Leomary
April 4, 2012
   
Topographic Sheet No.
6172 – IV
   
Scale:
1:50,000
   
Boundaries per UTM cooridnates:
(I9Q): 342.000 to 347.500 mE; and
           2’089,000 – 2’098,500 mN
   
Concession Unit:
4,500 Hectares
   
Registered Owner:
Oroplata Exploraciones E Ingenieria, Orexi S.R.L.


 
-17-

 



Property Description and Location

The Leomary is located in the province of Monseñor Nouel, municipality of Bonao, in the central region of the country, about 75 kilometers from the city of Santo Domingo, Dominican Republic. Located in the sections of Jayaco, Masipedro and Arroyo Toro. Exactly at four kilometers from the town of Bonao.

The Dominican Republic has three major highways are DR 1, DR 2, and DR 3, which go to the northern, southwestern, and eastern parts of the country, respectively. Access in the Property area is via a system of all weather country roads used by local cattle ranchers and farmers which branch off of Highway DR 1. The Capital city of Santo Domingo is located about 90 miles to the south of the Leomary.

The main access road to the claim is the No.1 highway or Duarte Highway, which connects the capital city of Santo Domingo to Santiago. On this route in the town of Bonao continue along the road to the community Los Quemados, access to the claim area is through very well constructed roads. Seaports and airports facilities are located nearby.


Soils of the mountain valleys of the Cordillera Central, where the claim is located

Confined by the higher elevations of the mountains of the Cordillera Central are four main valleys, which in order of importance are the Valley of Bonao, Constanza Valley, Valley of Villa Altagracia and the Jarabacoa Valley.

Bonao Valley covers an area of 80 miles rectangular greater, in the northeastern part of the Central Cordillera. It has more than 79 inches average annual rainfall, which has been recorded in the city of Bonao, located in the central part of the valley an annual average of 86 inches. The main soil of this valley, are: undifferentiated alluvial soils for the series La Vega.

Bonao Valley consists, for the most part, by a succession of alluvial soils, rivers and streams that run almost parallel. These soils are usually brown, sandy loam, large rounded gravel content. The level of fertility of these soils is high and has been sustained by the continuing contributions of materials deposited by rivers and streams.
 
 
 
-18-

 
 
 
Wet Forest - Lower Montane (BH-MB)

Most of this living area is in the foothills of the Cordillera Central, between bh-S and bmh-MB, on land topography and soils with low productivity. In the mountains of Bahoruco Neyba and hillside land that are over 2,600 feet correspond to this formation.

The weather that brings this area of ​​life are the most advantageous for human and animal life, but in the country, these areas are sparsely populated. The small population is partly due to the low quality of their soils, lack of roads and the settler has yet to develop appropriate techniques for the use of these lands. Temperatures are moderate, much like those that characterize a temperate climate, and rainfall, although irregular, are able to keep some moisture in the ground for much of the year.

Rainfall is heaviest from April to November. The amount of rainfall varies from place to place, from 85 to 170 inches average annual total.

The temperatures have little variation during the day and at any time of year. December through February can drop to -1 ° C, giving rise to possible frost. However, the temperature has an annual average varies between 18 ° and 12 ° C. The average annual bio-temperature for this life zone has values ​​close to those of the average temperature, because it never becomes greater than 30 ° C, and rarely below -1 ° C. Thermal conditions that owns this area constitute a limiting factor for the development of crops most sensitive to low temperatures.

Potential evapo-transpiration, on average, a percentage equal to the total annual rainfall. The percentage of water evapo-transpiration is equal to the amount of rainfall, which results in that the beds of streams that originate in this area of ​​life carry water only during the months of maximum precipitation. The land in this area of ​​life are mostly a hilly topography. Moderate sloping areas are small and scattered forming narrow valleys, lacking roads. The elevation varies from 2,600 feet to 6,600 feet in height.

The primary natural vegetation consists mainly of pine trees. Other species of conifers found especially in southern slopes of the Cordillera Central are juniper (Juniperus gracilior) and Podocarpus buchii. The main broadleaf species are Vaccinium Garrya fadyenii and cubense, own of the areas that are located near Constanta and Bahoruco; Rapanea ferruginea, common in the northern slopes of the Cordillera Central, near Jarabacoa and San Jose de las Matas, and Buddleia domingensis, which is a species that occurs in areas near the bmh-MB in the Cordillera Central.

Native species have an easy natural regeneration, by moisture in the soil, and are of moderate growth.  From the ecological point of view the land meet optimal characteristics for farming and forestry. Pests and diseases in the species used are very sporadic. However, agricultural activities are restricted by the soil factor, as they are very small areas that can be used for agriculture.

Working Methodology

Between the years 1997-2000 IT was held in the Dominican Republic a "Geothematic Mapping Project called SYSMIN”, which included a sub-project of Geochemical Mapping and Cartography quadrants metallogenic of Bonao Constanza and 1:100,000 scale. The study has raised a density and exceptional variety of mineralization. This feature is consistent with the tectonic framework of the country, which is particularly favorable to the formation of different types of mineralization, several of those with great importance and significant economic.   The geologists have taken 83 active sediment samples, fourteen of these samples are of high and important mineralization – see following schedule.

Deposit Types and Mineralization

One of the characteristics of the tuffs of the Tireo Formation is the intense alteration that have suffered, making it difficult in many cases the recognition of the original rock. These hydrothermal alteration processes are very important because they are associated, in many cases, mineral deposits, such as sulphide mineralization and base metals and precious metals associated with epithermal processes. These hydrothermal alteration processes can occur in many different forms, manifested by the appearance of different mineral phases: amorphous silica, quartz, feldspar, albite, calcite, montmorillonite, illite, kaolinite, chlorite, epidote, zeolites, etc.
 
 
 
 
-19-

 
 
 

 
The Dominican Republic and the Greater Antilles in general, are composed of fragments of intra oceanic island arc volcanic rocks. These fragments were probably once part of a single, continuous, southwest facing island arc that formed off the west coast of the Americas and was active from Lower Cretaceous through Eocene time.

In the Dominican Republic, the axial primitive island arc (PIA) is preserved in submarine to locally subaerial volcanic rocks of the Los Ranchos and Tireo Formation. Coeval Lower Cretaceous bimodal volcaniclastic rocks of the fore arc basin are preserved in the Maimón and Amina Formations. Tireo Formation is locally overlain by Albian reef limestones of the Hatillo Formation. These are in turn overlain by black argillites of the Lagunas Formation.

Epithermal Au mineralization

Constanza quadrant lies the epithermal Au mineralization Centenario (El Higo) that fit the Tireo Formation. The mineralization occurs in quartz veins with gold, copper, zinc and barium, and developing an intense silicification of the host rock. It is a low sulphidation epithermal mineralization. Next to it is Philonian Cu mineralization of La Ceiba, attributable to a similar process.

Volcanosedimentary mineralization of Cu-Zn (Au, Ag).

In Tireo Formation (associated basic volcanics) are different stratiform massive sulphide bodies, small power and tonnage although appreciable longitudinal development. Exceptions, such as those associated with Tireo Formation are generally related to acidic intermediate volcaniclastic rocks. Pyrite and composition are carried forward Cu as the main economic substance, being variable concentrations of Zn, Pb and Ag Au is usually very low. Usually develop a hydrothermal alteration that is basically one of silicification-chloritization.

Cu mineralization Philonian.

In Tireo Formation and Constanza quadrant, there are several demonstrations Philonian with Cu (chalcopyrite) and subordinate Zn, probably linked to shear contexts, although some appear in character extensional fractures. They are usually small in size and limited to hydrothermal alterations develop small and immediate surroundings to Philonian structures.

Mn mineralization.

In Tireo Formation, volcanic rocks and associated basic forms are stratiform Mn (The Guayuyos) responsive to the volcano-sediment model of this type of mineralization.

Disseminated Cu mineralization.

There are several examples in the area of ​​pyrite-chalcopyrite disseminations, possibly related to tectonic weakness zones, corridors or bands delimiting particular orientation, and supported by different types of materials. These may be basic volcanic rocks Tireo Formation or tonalitic intrusive bodies to basic composition, affected by hydrothermal alteration (Pico Duarte, Aniana).

 Field Work Planning/Exploration/Soil Geochemistry

During the July and August 2012, the Company undertook an exploration program under Phase I on the Leomary with a budget as follows:



 
-20-

 





Breakdown of costs in Incurred in Phase 1 of Exploration Program of Leamary.

Workers     - 8
Geologists - 3
       
         
 
Description
 
Number
$US
per day
 
Total
Dominican
Paseo
         
Workers hired for 16 days
16
150
   $   2,400
93,600
Rent of equipment
   
4,800
187,200
Meals – 16 days x 18 pax
   
2,975
116,025
Printing and drawings
   
900
35,100
Transportation
   
800
31,200
Points of connection
   
975
38,025
Prepare of samples
   
724
28,236
Analysis of samples (sediments)
83
35
2,905
113,295
Analysis of samples (rocks)
45
35
1,575
61,425
Analysis of samples (soil)
22
43
946
36,894
Base, radiometic, aeromagnetic and geological maps
   
800
31,200
Geologist fees
   
  6,000
234,000
         
Total cost of Phase I on Exploration of Leomary
   
$    25,800
1,006,200


a.  
Geological Mapping and Sampling

Tireo Formation presents various types of mineralization phases corresponding to posthumous island cooper arc Upper Cretaceous, and are presented as complex sulphide epithermal disseminated, with varying proportions of elements: Au, Ag, Cu, Zn, and Fe these elements are associated to silica and sulfur as end products of magmatic differentiation by chemical affinities.

It was important to select the type of sampling, which performed during regional exploration, where three types of sampling were performed in the area of ​​interest:

- Active Sediments . - Sampling of sediments carried in streams or rivers causes, whose purpose was to determine the volumetric values ​​of metallic minerals, concentrated in the watershed and from the tops of the hills and / or mountains, which circumscribe the basin. The results allowed us to zonify and to determine the origin of the sediments. This sampling were regional and were performed with a geological survey support.

- Sampling of Rock . - Sampling conducted in the lithological units potentially generating and / or mineral-storing metal concentrations and economically feasable, these sampling were performed after a regional geological study, which identified the lithological units that are present in the área of interest.

- Soil Sampling . - This sampling were performed after a detailed geological study of the area, where we have identified the lithological units and structural data (faults and fractures). This sampling was performed in alteration zones that were identified during the study, these alterations are potassic, propylitic, quartz-sericite, argillic and silicification. Any sampling outside these areas is speculative and / or wrong.

b.  
Geomorphological analysis

To determine the areas of greatest mine interest, was made a hypsometric map, which highlights the physiographic features of the terrain, it can display the main structures (zone 1), alignments, course changes and most important river sediment sampling.

 
 
 
-21-

 

 


c.  
Sampling Methods

The exploration conducted to date on the Leomary has been conducted according to generally accepted exploration procedures with methods and preparation that are consistent with generally accepted exploration practices. No opinion as to the quality of the samples taken can be presented. No other procedures of quality control were employed.

Soil, rock and sediment samples collected by the geologist were sent to Acme’s sample preparation facility in Maimón where they were oven dried at 60°C, then sieved to produce 100 grams of pulp at less than –80 meshes. The prepared pulps were then shipped via DHL to the Vancouver lab for analysis. In Vancouver, a 15 gram sample was dissolved in hot aqua regia and analyzed using ACME’s 1F ICP MS package for gold and base metals.

The assays for the rock samples were as follow – shown in ppb for gold (Au) and ppm for copper (Ag) and zinc (Zn):
 
 
  No.  UTM-X  UTM-Y  Au  Ag  Cu  Pb  Zn
               
 293  347350  2088680  151  0.4  55  5  108
 270  345440  2088840  100  0.4  66  14  162
 271  346710  2089880  28  0.4  70  5  124
 223  346400  2090780  2  0.4  47  5  109
 222  347085  2091215  3  0.4  45  5  161
 221  347805  2091935  9  0.4  45  5  114
 200  347865  2092150  2  0.4  93  5  88
 272  348825  2093815  2  0.4  23  14  75
 199  348265  2094705  2  0.4  92  5  108
 198  348775  2095525  2  0.4  44  5  106
 197  349505  2096725  25  0.4  47  5  123
 195  347195  2098525  2  0.4  91  5  134
 196  346765  2098785  5  0.9  90  5  115
 194  347620  2099770  2  0.4  104  5  241
               
 
Converting the above table to grams per metric ton is as follows:
 
 
  No.  UTM-X  UTM-Y  Au  Ag Cu
           
 293  347350  2088680  11.84  11.4  55
 270  345440  2088840  13.75  19.4  66
 271  346710  2089880  7.74  18.4  70
 223  346400  2090780  2.0  9.4  47
 222  347095  2091215  3.0  2.4  45
 221  347805  2091935  9.97  3.0  45
 200  347865  2092150  2.0  1.4  93
 272  348825  2093815  2.0  0.4  23
 199  348265  2094705 1.4   0.4  92
 198  348775  2095525 1.4  0.4  44
 197  349505  2096725 14.75  12.4  47
 195  347195  2098525 1.88  1.3  91
 196  346765  2098785 15.87  24.9  90
 194  347620  2099770 2.1  0.4  104
           
 

 
The above are stated in grams per metric tons and are converted as follows:
 
 
 
-22-

 

 



Wet [Mass ]
   
Dry
 
         
Grams
Ounces
 
Grams
Ounces
         
15
½
 
14.3
½
30
1
 
28.3
1
85
3
 
113.4
4
225
8
 
430.0
16





 
 
 
 

Recommendation and Conclusion

The recommendations and conclusions set forth in Mr. Martinez report dated September 2012 indicates that the Leomary has favorable geological conditions (lithological and structural for potential development of mineral deposits.   The geochemical study conducted in Block C Sysmin Project (1999), Tireo formation, presenting epithermal gold mineralization, volcanosedimentary copper and zinc and copper Philonian.  The eastern boundary of the Leomary borders the Bonoa Fault Zone, with development of fracture system perpendicular and parallel to the dominant fault.  The stream El Toro corresponds to a structure distension, between Loma Piyoyo, Vincent Liz and El Firm.   Also, it marks the change of direction SW-NE structural NS.  Sampling tests performed during the active sludge Sysmin Project (1999), yielded four anomalous gold (155, 100, 28, 25 ppb), five values greater than 90 ppm copper and zinc had values greater than 100 ppm and a high value of 241 ppm.  Mr. Martinez recommendation is to undertake Phase II in the immediate future.
 
 
 
-23-

 
 
 
 

 
Phase II Exploration Program

In conducting Phase II of the exploration work on the Leomary will consist of returning to the fourteen sites where rock samples were collected during Phase I with anomalous values for gold and silver.   It is proposed to explore an area of 1,500 feet radius around these sites to determine the probable origin of the anomalous float and vein samples.  It is proposed to collect a total of 200 additional rock and soil samples of which 150 will be sent for or analysis.   It is estimated that this program will take between 17 to 22 days to complete the field work.

In addition to the above Oroplata is going to perform the following exploration activities to evaluate the mineral potential of the Leomary as follows:

1.  
Compilation of information and results of previous exploration work, organization and field planning stage.

2.  
Regional recognition of the area, geological mapping (scale 1:10,000 to 1:5,000) and rock samples and stream sediment geochemical sampling.

3.  
Defining priority areas of interest for detailed exploration.

4.  
Detailed geological mapping and geochemical (1:5,000 to 1:1,000 or greater).

5.      Excavation of trenches and pits.
6.      Geophysical Surveying.

7.      Selection of drill targets.

8.      Phase I diamond drilling exploratory.

 
9.
Model and evaluation of the results of the planning and drilling of the subsequent phase reserve evaluation.

    10.
Socio-economic and Environmental based study and reclamation of the areas impacted by exploration activities. These studies start from the very beginning of the exploration program and will continue for the duration of the project.

The estimated budget for undertaking Phase II is as follows;

Item Units
Number and Cost
Total Cost USD
     
Salaries:
   
Supervising Geologist
22 days @ $600/day
13,200.00
Geological Assistant
22 days @ $200/day
4,400.00
     
Transportation
1,000 km @ $0.75/km
750.00
Camp cost/Lodging
22 days @ $90/day
1,980.00
     
Compilation
   
Data and digitizing
15 days @ $150/day
2,250.00
Drill hole interp & modeling
17 days @ $600/day
10,200.00
Structural consultant
17 days @ $200/day
3,400.00
     
Soil Geochemistry
   
Diamond Drilling (initial test holes)
490 m @ $60/m
16,300.00
Assay of Drill core
150 samples @ $35/sample
29,400.00
   
   5,250.00
SUBTOTAL
   
   
87,130.00
Contingency
10%
   8,713.00
     
TOTAL USD
 
95,843.00

 
 
-24-

 
 

 
Legal Proceedings

We are not currently a party to any legal proceedings.  There are no material proceedings to which our executive officer, director and stockholder is a party adverse to us or has a material interest adverse to us.  There are no legal actions, either pending or believed by management to happen, to which the Company is aware.

We are required by Section 78.090 of the Nevada Revised Statutes (the “NRS”) to maintain a registered agent in the State of Nevada.  Our registered agent for this purpose is American Corporate Enterprise, Inc. of 123 W. Nye Lane, Suite 129, Carson City, NV 89706.  All legal process and any demand or notice authorized by law to be served upon us may be served upon our registered agent in the State of Nevada in the manner provided in NRS 14.020(2).


Market Price of and Dividends on Common Equity And Related Stockholder Matters

No Public Market for Common Stock

There is no public market for our common shares due to not being either quoted or listed on a recognized stock exchange.  Oroplata will make an application to FINRA for a quotation on the OTC Bulletin Board ("OTCBB”) once the following has occurred:

(i) the effectiveness of this registration statement of which this prospectus forms a part; and

(ii) our obtaining a sufficient number of stockholders to enable our common stock to become quoted on the OTCBB.  There is no guarantee that this will ever happen.

The SEC has 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 quotation system.  The penny stock rules require a broker-dealer, prior to a transaction in a penny stock, to deliver a standardized risk disclosure document prepared by the SEC, that: (a) contains a description of the nature and level of risk in the market for penny stocks in both public offerings and secondary trading; (b) 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 to such duties or other requirements of Securities laws; (c) 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;  (d) contains a toll-free telephone number for inquiries on disciplinary actions; (e) defines significant  terms in the disclosure document or in the conduct of trading in penny stocks; and (f) contains such other information and is in such form, including language, type, size and format, as the SEC shall require by rule or regulation.

The broker-dealer also must provide, prior to effecting any transaction in a penny stock, the customer with: (a) bid and offer quotations for the penny stock; (b) the compensation of the broker-dealer and its salesperson in the transaction; (c) 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 (d) 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 suitably written statement.
 
 
 
-25-

 
 
 
 

 
These disclosure requirements may have the effect of reducing the trading activity in the secondary market for our stock if it becomes subject to these penny stock rules. Therefore, if our common stock becomes subject to the penny stock rules, stockholders may have difficulty selling those securities.

Holders of Our Common Stock

As of the date of this prospectus, our only shareholder is our President and Director; Hilario Santos Sosa .

Rule 144 Shares

In general, under Rule 144, a person who is not one of our affiliates and who is not deemed to have been one of our affiliates at any time during the three months preceding a sale and who has beneficially owned shares of our common stock for at least six months would be entitled to sell them without restriction, subject to the continued availability of current public information about us (which current public information requirement is eliminated after a one-year holding period).

A person who is an affiliate and who has beneficially owned shares of a company’s common stock for at least six months, subject to the continued availability of current public information about us, is entitled to sell within any three month period a number of shares that does not exceed the greater of:

1.  
One percent of the number of shares of the company's common stock then outstanding, which, in our case, will equal approximately 40,000 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.

Rule 144 is not available for either a reporting or non-reporting shell company, as defined under Rule 405 of the Securities Act, unless the company:

●           has ceased to be a shell company;

●           is subject to the Exchange Act reporting obligations;

●           has filed all required Exchange Act reports during the preceding twelve months; and

at least one year has elapsed from the time the company filed with the SEC, current Form 10 type information reflecting its status as an entity that is not a shell company.

Registration Rights

No person has been granted any registration rights .

Oroplate will be paying all expenses associated with this Offering because it wishes to:

(i)  
 to be a reporting company with the SEC under the Exchange Act; and

(ii)  
 Subsequent to becoming a reporting issue to obtain sufficient shareholders to be able to apply for a quotation on the OTCBB.

Once Oroplata’s Registration Statement becomes effective the Company will file a Form 8-A with the SEC which will cause Oroplata to become a reporting company with the SEC under the Exchange Act .

Our common shares will not be quoted on the OTCBB unless Oroplata is a reporting company under the  Exchange Act.  By being a reporting company Oroplata feels that a public market will develop if and when it is approved for a quotation on the OTCBB.  By having a public market for our common stock will make it more attractive for future investors to purchase our shares both on the market and by way of a private placement.
 
 
 
-26-

 
 
 
 
Dividends

Oroplata’s Articles of Incorporation or Bylaws do not restrict it from declaring dividends.   Nevertheless, 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 stockholders who have preferential rights superior to those receiving the distribution.

Oroplata has not declared any dividends since its inception and does not conceive that it will be declaring any dividends in the near future.    Management was to retain any excess funds in the Company for working capital and for further exploration on the Leomary.

Stock Options, Warrants and Rights

Oroplata does not have any outstanding stock options, warrants, rights or any other instrument which will allow the holders to convert into common shares of our company.
 
 
 
 
-27-

 
 
 

 

Financial Statements

Audited Consolidated financial statements for the period from inception on October 6, 2011 to September 30, 2012, including:

(a)  
Report of Independent Registered Public Accounting Firm;

(b)  
Consolidated Balance Sheet as at September 30, 2012;

(c)  
Consolidated Statement of Operations for the period from October 6, 2011 (date of inception) to September 30, 2012;

(d)  
Consolidated Statement of Stockholders' Equity for the period from October 6, 2011 (date of inception) to September 30, 2012;

(e)  
Consolidated Statement of Cash Flows for the period from October 6, 2011 (date of inception) to September 30, 2012; and

(f)  
Notes to the Consolidated Financial Statements.

Unaudited condensed consolidated financial statements for the six months ended March 31, 2013, including:

(a)  
Condensed Consolidated Balance Sheets as at March 31, 2013 and September 30, 2012;

(b)  
Condensed Consolidated Statement of Operations for the six months ended March 31, 2013 and for the period from October 6, 2011 (date of inception) to March 31, 2012 and for the period from October 6, 2011 (date of inception) to March 31, 2013;

(c)  
Condensed Consolidated Statement of Cash Flows for the six months ended March 31, 2013, for the period from October 6, 2011 (date of inception) to March 31, 2012 and for the period from October 6, 2011 (date of inception) to March 31, 2013; and

(d)  
Notes to the Condensed Consolidated Financial Statements – Unaudited




 
-28-

 

   
   
   
   

To the Board of Directors and
Stockholders of Oroplata Resources, Inc.
(An Exploration Stage Company)

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have audited the accompanying consolidated balance sheet of Oroplata Resouces, Inc. (An Exploration Stage company) (the “Company”) as of September 30, 2012, and the related consolidated statement of operations, stockholder’s equity, and cash flows for period from October 6, 2011 (date of inception) to September 30, 2012. The Company’s management is responsible for these consolidated financial statements. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting.  Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness for the company’s internal control over financial reporting.   Accordingly, we express no such opinion.  An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Oroplata Resources, Inc. (an Exploration Stage Company) as of September 30, 2012, and the results of its operations and its cash flows for period from October 6, 2011 (date of inception) to September 30, 2012, in conformity with accounting principles generally accepted in the United States of America.

As discussed in Note 1 to the consolidated financial statements, the Company is an Exploration Stage company engaged in developing its mineral property rights in the Dominican Republic.  There is substantial doubt about the Company’s ability to continue as a going concern because of the Company’s uncertainty to raise additional capital and continue mining its mineral rights property. Management’s plans concerning this matter are also described in Note 1. These consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/Goldman Accounting Services CPA, PLLC
Goldman Accounting Services CPA, PLLC
Suffern, New York
May 22, 2013
 
 
 
 
-29-

 

 


OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Consolidated Balance Sheet



 
September 30,2012
   
Assets
 
   
Cash
$     33,054
   
Total assets
$     33,054
   
Liabilities and Stockholder’s Equity
 
   
Current liabilities:
 
     Accounts payable
$         854
     Due to related parties
       81
   
Total current liabilities
     935
   
Stockholder’s Equity:
 
Common stock 500,000,000 common stock authorized,
$0.001 par value; 40,000,000 common shares issued and outstanding
 
40,000
Additional paid-in capital
40,000
Deficit accumulated during exploration stage
(47,881)
   
Total stockholder’s Equity
  32,119
   
Total Liabilities and Stockholders’ Equity
$     33,054
   



See accompanying notes to these consolidated financial statements



 
-30-

 

 


OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Consolidated Statement of Operations


 
From October 6, 2011 (date of inception) to
September 30, 2012
   
Revenue
$                  -
   
Expenses
 
     Exploration costs
25,800
     General and Administrative expenses
9,081
     Impairment of mineral property rights
  13,000
   
     Total expenses
    47,881
   
     Loss from operations
$        47,881
   
Net loss per common share:
 
   
     Basic and diluted
$           (0.01)
   
Weighted average common shares outstanding:
 
   
     Basic and diluted
40 ,000,000
   

See accompanying notes to these consolidated financial statements


 

 
-31-

 





OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Consolidated Statement of Stockholder’s Equity


 
Common
Shares
Stock
Amount
Additional Paid-In
Capital
Accumulated
Deficit During the Exploration Stage
Total Stockholder’s
Equity
           
Balance October 6, 2011
               -
$            -
$              -
$              -
$              -
           
Issuance of common shares for cash - $0.002 as October 14, 2011
 
 
40,000,000
 
 
  40,000
 
 
    40,000
 
 
-
 
 
80,000
           
Net loss for the period October 6, 2011 (date of inception) to September 30, 2012
 
 
 
               -
 
 
 
          -
 
 
 
          -
 
 
 
(47,881)
 
 
 
(47,881)
           
Balance as at September 30, 2012
 
40,000,000
 
$    40,000
 
$     40,000
 
$    (47,881)
 
$     32,119




See accompanying notes to these consolidated financial statements



 
 
-32-

 


 

OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Consolidated Statements of Cash Flows

 
From October 6, 2011
(date of Inception) to
September 30, 2012
   
Operating Activities
 
   
Net loss
$        (47,881)
   
Adjustments to reconcile net loss to net cash used in operating activities:
 
   
-   impairment of mineral property rights
13,000
   
Changes in operating assets and liabilities:
 
 
 
-   accounts payable
       854
   
Net cash used in operating activities
(34,027)
   
Investing activities
 
   
     Acquisition of mineral property rights
(13,000)
   
Net cash used in investing activities
 (13,000)
   
Financing activities
 
   
     Proceeds from subscription of stock
80,000
     Proceeds from advances from a third party
        81
   
Net cash provided by financing activities
 80,081
   
Net increase  in cash
33,054
   
Cash, beginning of period
               -
   
Cash, end of period
$   33,054
   
Supplemental disclosure of cash flow information
 
   
Cash paid for income taxes
$                 -
Cash paid for interest
$                 -

See accompanying notes to these consolidated financial statements



 
-33-

 


 


OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Consolidated Financial Statements
September 30, 2012


1.   Basis of presentation and Going Concern

The accompanying consolidated financial statements of Oroplata Resources, Inc. (“Oroplata” or “the Company”) have been prepared in accordance with generally accepted accounting procedures in the United States for period ended September 30, 2012. Oroplata was incorporated under the laws of the State of Nevada on October 6, 2011 for the purpose of acquiring and developing mineral properties.  The Company has a wholly-owned subsidiary called Oroplata Exploraciones E Ingenieria SRL which was incorporated in the Dominican Republic on January 10, 2012.

These financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year.  Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern.  At September 30, 2012, the Company had not yet achieved profitable operations, had accumulated losses of $47,881 since its inception, had a working capital position of $32,119, and expects to incur further losses in the development of its business, all of which raises substantial doubt about the Company’s ability to continue as a going concern.  The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.

The Company expects to continue to incur substantial losses as it executes its business plan of mining its interest in a mineral property and does not expect to attain profitability in the near future.  Since its inception, the Company has funded operations through the issuance of shares to its sole officer and director and from advance made by him for certain office expenses. The Company's future operations are dependent upon external funding and its ability to execute its business plan in mining its interest in a mineral property, realizing sales from its mining activities and controlling expenses.  Management believes that sufficient funding may be available from additional borrowings and private placements to meet its business objectives including anticipated cash needs for working capital, for a reasonable period of time.  However, there can be no assurance that the Company will be able to obtain sufficient funds to continue the exploration of its mineral property, or if obtained, upon terms favorable to the Company.




 
-34-

 



OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Consolidated Financial Statements
September 30, 2012


2.    Summary of Significant Accounting Policies

Accounting Method
 
 
The Company's financial statements are presented in United States dollars and are prepared using the accrual method of accounting which conforms to generally accepted accounting principles in the United States of America (“US GAAP”).

Ba sic and Diluted Net Income Per Share
 
 
Basic net income per share amounts are computed based on the weighted average number of shares actually outstanding.   Diluted net income per share amounts are computed using the weighted average number of common and common equivalent shares outstanding as if shares had been issued on the exercise of the common share rights unless the exercise becomes anti - dilutive and then the basic and diluted per share amounts are the same.

Income Taxes

Income taxes are provided in accordance with Codification topic 740, “Income Taxes”, which requires an asset and liability approach for the financial accounting and reporting of income taxes.  Current income tax expense (benefit) is the amount of income taxes expected to be payable (receivable) for the current year.  A deferred tax asset and/or liability is computed for both the expected future impact of differences between the financial statement and tax bases of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards.  Deferred income tax expense is generally the net change during the year in the deferred income tax asset and liability.  Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be “more likely than not” realized in future tax returns.  Tax rate changes and changes in tax laws are reflected in income in the period such changes are enacted.

Due to the Company’s net loss position from inception on October 6, 2011 to September 30, 2012, there was no provision for income taxes recorded.  As a result of the Company’s losses to date, there exists doubt as to the ultimate realization of the deferred tax assets.  Accordingly, a valuation allowance equal to the total deferred tax assets has been recorded at September 30, 2012.
 
 

 
 
-35-

 


OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Consolidated Financial Statements
September 30, 2012

2.    Summary of Significant Accounting Policies - Continued

Long-lived Assets

Long-Lived assets, such as property and equipment, mineral properties, and purchased intangibles with finite lives (subject to amortization), are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable in accordance with Codification topic 360 “Property, Plant, and Equipment”.  Circumstances which could trigger a review include, but are not limited to: significant decreases in the market price of the asset; significant adverse changes in the business climate or legal factors; accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of the asset; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and current expectation that the asset will more likely than not be sold or disposed significantly before the end of its estimated useful life.

Recoverability of assets is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by an asset.  If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized as the amount by which the carrying amount exceeds the estimated fair value of the asset.  The estimated fair value is determined using a discounted cash flow analysis.  Any impairment in value is recognized as an expense in the period when the impairment occurs.  The Company’s management has considered the conditions outlined in Codification topic 360 and has concluded that the mineral rights payments in the amount of $13,000 have been fully impaired for the period ended September 30, 2012 .

Foreign Currency Translations

The books of the Company are maintained in United States dollars and this is the Company’s functional and reporting currency. Transactions denominated in other than the United States dollar are translated as follows with the related transaction gains and losses being recorded in the Statement of Operations:

Monetary items are recorded at the rate of exchange prevailing as at the balance sheet date;

Non-Monetary items including equity are recorded at the historical rate of exchange; and

Revenues and expenses are recorded at the period average in which the transaction occurred.

Revenue Recognition

Revenue from the sale of minerals will be recognized when a contract is in place and minerals are delivered to the customer.

Mineral claim acquisition and exploration costs

The cost of acquiring mineral properties or claims is initially capitalized and then tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. Mineral exploration costs are expensed as incurred.
 
 
 
 
-36-

 
 

 

OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Consolidated Financial Statements
September 30, 2012

2.    Summary of Significant Accounting Policies - Continued

Advertising and Market Development

The company expenses advertising and market development costs as incurred.

Fair Value of Financial Instruments

Codification topic 825, “Financial Instruments”, requires disclosure of fair value information about financial instruments when it is practicable to estimate that value.  The carrying amounts of the Company’s financial instruments as of September 30, 2012 approximate their respective fair values because of the short-term nature of these instruments.

Estimates and Assumptions

Management uses estimates and assumptions in preparing financial statements in accordance with general accepted accounting principles.  Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses.   Actual results could vary from the estimates that were assumed in preparing these financial statements.

Statement of Cash Flows

For the purposes of the statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less to be cash equivalents.

Recent Accounting Pronouncements

The Company does not expect that the adoption of any recent accounting pronouncements will have a material impact on its financial statements.

In July 2012, the FASB issued Accounting Standards Update (“ASU”) No. 2012-02, “Intangibles – Goodwill and Other (topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” (“ASU 2012-02”).  ASU 2012-02 states that an entity has the option first to assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangibles asset is impaired.  If, after assessing the totality of events and circumstances, an entity concludes that it is not more likely than not that the indefinite-lived intangible asset is impairs, then the entity is not required to take further action.  However, if an entity concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount in accordance with Codification subtopic 350-30, Intangibles – Goodwill and Other, General Intangibles Other than Goodwill.  The amendments in this ASU are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012.  Early adoption is permitted, including for annual and interim impairment tests performed as of a date before July 27, 2012, if a public entity’s financial statements for the most recent annual or interim period have not yet been issued.  The Company elected early adoption of this update and it had no impact on its financial statements.



 
-37-

 





OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Consolidated Financial Statements
September 30, 2012


3 .    Mineral property rights

On December 20, 2011, the Company a 100% interest in the Leomary Gold Claim (“Leomary”) consisting of 4,500 mining hectors located in the province of Monse ñ or Nouelan, municipality of Bonao, for the sum of $13,000.  During August 2012 , the Company undertook an exploration program on the Leomary Gold Claim in the amount of $25,800.

The acquisition costs of $13,000 have been impaired and expensed because there has been limited exploration activity nor has there been any reserve established and we cannot currently project any future cash flows or salvage value.

4.   Significant transactions with related party

During the period ended September 30, 2012, the sole director and officer made advances to the Company in the amount of $81 to fund daily operations of the Company. These advances are non-interest bearing and payable on demand.

The sole officer and director of the Company has acquired 100% of the common stock issued.

5 .    Common stock

The Company’s authorized common stock consists of 500,000,000 shares of common stock, with par value of $0.001.

On October 14, 2011, the Company issued 40,000,000 shares of its common stock to its sole director and officer at $0.002 per share, for net proceeds of $80,000.

6 .    Subsequent events

There are no subsequent events to be reported that occurred after the period ended September 30, 2012 to the date the financial statements were available.

 

 
-38-

 



OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Condensed Consolidated Balance Sheets


 
March 31, 2013
September 30, 2012
 
(Unauditied)
(Audited)
     
Assets
   
     
Cash
$    31,465
$    33,054
     
Total assets
$    31,465
$    33,054
     
Liabilities and Stockholder’s Equity
   
     
Current liabilities:
   
     Accounts payable
$     2,990
$        854
     Due to related parties
       81
       81
     
Total current liabilities
  3,071
     935
     
Stockholder’s Equity:
   
     Common stock 500,000,000 common stock authorized,
$0.001 par value; 40,000,000 common shares issued and outstanding
 
 
40,000
 
 
40,000
     Additional paid-in capital
40,000
40,000
     Deficit accumulated during exploration stage
(51,606)
(47,881)
     
Total stockholder’s equity
  28,394
 32,119
     
Total Liabilities and Stockholder’s Equity
$     31,465
$     33,054
     

See accompanying notes to these consolidated financial statements


 

 
-39-

 





OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Condensed Consolidated Statements of Operations
(Unaudited)

 
For the
Six months ended
Mar. 31, 2013
From Oct. 6, 2011(date of inceptions) to
Mar. 31, 2012
From Oct. 6, 2011 (date of inception) to Mar. 31, 2013
       
Revenues
$                  -
$                 -
$                 -
       
       
Expenses
     
     Exploration costs
-
-
25,800
     General and Administrative expenses
3,725
7,690
12,806
     Impairment of mineral property rights
             -
 13,000
13,000
       
     Total expenses
     3,725
20,690
51,606
       
     Loss from operations
$        (3,725)
$       20,690
$       51,606
       
Net loss per common share:
     
       
      Basic and diluted
$          0.00
$         0.00
 
       
Weighted average common shares outstanding:
     
       
     Basic and diluted
40,000,000
40,000,000
 
       

See accompanying notes to these consolidated financial statements



 
-40-

 
 





OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Condensed Consolidated Statements of Cash Flows
(Unaudited)

 
For the
Six months
ended
Mar. 31, 2013
For the
Six months
ended
Mar. 31, 2012
 
From Oct. 31, 2011
(date of inception) to
Mar. 31, 2013
       
Operating Activities
     
 
$   (3,725)
$  (20,690)
$   (51,606)
Net loss
     
       
Adjustments to reconcile net loss to
net cash used in operating activities:
     
       
-   impairment of mineral property rights
-
13,000
13,000
       
Changes in operating assets and liabilities:
     
       
-   accounts payable
   2,136   
       190
   2,990
       
Net cash used in operating activities
 (1,589)
    (7,500)
(35,616)
       
Investing activities
     
       
 Acquisition of mineral property rights
          -
 (13,000)
(13,000)
       
Net cash used in investing activities
          -
(13,000)
 (13,000)
       
Financing activities
     
       
Proceeds from subscription of stock
-
80,000
80,000
  Proceeds from advances from a
third party
 
         -
 
        81
 
         81
       
Net Cash provided by financing activities
         -
 80,081
  80,081
       
Net  (decrease) increase in cash
(1,589)
59,581
31,465
       
Cash, beginning of period
 33,054
          -
           -
       
Cash, end of period
$     31,465
$      59,581
$    31,465
       
Supplemental disclosure of cash flow information
     
       
Cash paid for income taxes
$                  -
$                 -
$                -
Cash paid for interest
$                  -
$                 -
$                -
       

See attached notes to these consolidated financial statements
 
 
 
 
-41-

 

 


OROPLATA RESOURCES, INC.
(An Exploration Stage Company)
Notes to the Condensed Consolidated Financial Statements
March 31, 2013
(Unaudited)

1.   Basis of presentation

The accompanying condensed consolidated financial statements of Oroplata Resources, Inc. (“Oroplata” or “the Company”) have been prepared in accordance with requirements for unaudited interim periods, and consequently do not include all disclosures required to be in conformity with accounting principles generally accepted in the United States of America.

These condensed consolidated financial statements include the financial statements of the Company’s wholly owned subsidiary, Oreplata Exploraciones E Ingenieria SRL which was incorporate under the laws of the Dominican Republic on January 10, 2012.

These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements, as of September 30, 2012, and notes thereto. In the opinion of management, all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim period as of March 31, 2013 are not necessarily indicative of the results to be expected for the full year.

2.   Nature of operations and going concern

Oroplata was incorporated under the laws of the State of Nevada on October 6, 2011 for the purpose of acquiring and developing mineral properties. The Company’s planned principal operations have not yet begun.

The accounting policies followed by the Company are set out in the notes to the audited condensed consolidated financial statements for the year ended September 30, 2012, and have been consistently followed in the preparation of these financial statements. The Company does not expect the adoption of any recent accounting pronouncements to have a material impact on its condensed consolidated financial statements.

These condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles applicable to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for its next fiscal year.  Realization values may be substantially different from carrying values as shown and these condensed consolidated financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern.  At March 31, 2013, the Company had not yet achieved profitable operations, had accumulated losses of $51,606 since its inception, had a working capital of $28,394, and expects to incur further losses in the development of its business, all of which raises substantial doubt about the Company’s ability to continue as a going concern.  The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.

The Company expects to continue to incur substantial losses as it executes its business plan of mining its interest in a mineral property and does not expect to attain profitability in the near future.  Since its inception, the Company has funded operations through the issuance of shares to its sole officer and director and from advance made by him for certain office expenses. The Company's future operations are dependent upon external funding and its ability to execute its business plan in mining its interest in a mineral property, realizing sales from its mining activities and controlling expenses.  Management believes that sufficient funding may be available from additional borrowings and private placements to meet its business objectives including anticipated cash needs for working capital, for a reasonable period of time.  However, there can be no assurance that the Company will be able to obtain sufficient funds to continue the exploration of its mineral property, or if obtained, upon terms favorable to the Company.


 
-42-

 


3.   Mineral property rights

On December 20, 2011, the Company obtained a mineral concession in the Dominican Republic named Leomary Gold Claim for the sum of $13,000.  During August 2012 , the Company undertook an exploration program on the Leomary Gold Claim in the amount of $25,800.

The acquisition costs of $13,000 have been impaired and expensed because there has been limited exploration activity nor has there been any reserve established and we cannot currently project any future cash flows or salvage value.

4.   Significant transactions with related party

During the period ended March 31, 2013, the sole director and officer was owed $81 for certain advances he had made on behalf of the Company to fund daily operations of the Company . These advances are non-interest bearing and payable on demand.

The sole officer and director of the Company has acquired 100% of the common stock issued.

5.   Common stock

The Company’s authorized common stock consists of 500,000,000 shares of common stock, with par value of $0.001.

On October 14, 2011, the Company issued 40,000,000 shares of its common stock to its sole director and officer at $0.002 per share, for net proceeds of $80,000.

6.   Subsequent events

There are no subsequent events to be reported that occurred after the period ended March 31, 2013 to the date the financial statements were available.
 
 
 
 
-43-

 
 
 

 

Management’s Discussion of Financial Condition and Results of Operation

Results of Operations

Oroplata has not made any revenue from its exploration on the Leomary and believes it will not do so until some time in the distant future or maybe never.  Not until commercial production is realized will Oroplata have any chance of realizing any form of revenue.

Activities From  October 6, 2011 (date of inception) to September 30, 2012

During the period from inception to September 30, 2012, Oroplata has an operating loss of $47,881. This loss was the result of the following expenses being incurred:  exploration cost for Phase I - $25,800, filing fees - $1,328, impairment of mineral claim rights - $13,000, incorporation costs - $3,275, legal - $1,700, office - $271 and travel – $2,507.

Activities for the Six Months ended March 31, 2013

Since Phase I was completed prior to September 30, 2012, Oroplata did not undertake further exploration work on the Leomary until such time as our director has been able to assess the results of Phase I.  As at March 31, 2013 has a net operating loss of $51,606 which was increased by $3,725 since September 30, 2012.   The increase in the operating loss was due to the following expenses being incurred:  accounting – $2,800, legal - $350 and travel - $575.

Liquidity And Capital Resources

As of March 31, 2013, Oroplata had cash of $31,465 and a positive working capital position of $38,394 as compared to cash of $33,054 and a positive working capital position of $32,119 as at September 30, 2012.

Oroplata had the available funds on hand to meet the cost estimated for this offering; being approximately $21,506 but does not have the funds available to complete Phase II estimated to cost approximately $95,843.   To commence Phase II Oroplata will have to obtain funding either by way of the issuance of shares, advances from its sole director or by obtaining debt financing guaranteed by its director.   No consideration at this time has been given to which avenue of funding is best for Oroplata.

Off-Balance Sheet Arrangements

None.
 
 
 
 
-44-

 
 

 

Changes In And Disagreements With Accountants On Accounting And Financial Disclosure

We have had no changes in or disagreements with our principal independent accountant.


Directors and Executive Officers

Our sole executive officer and director and his respective age and titles are as follows:

Name of Director
Age
Position
Hilario Santos Sosa (1)
45
Chief Executive Officer, President, Chief Financial Officer, Chief Accounting Officer, Secretary Director
 
Note :
(1)  
 Mr. Sosa is deemed to be underwriter to this offering.

Hilario Santos Sosa has been our Chief Executive Officer, President, Chief Financial Officer, Chief Accounting Officer and Director since our inception.  Mr. Sosa graduated from the Universidad Technologica de Santiago (Puerto Plata) in engineering in 1994 and the next year attended the Universidad de Mexico where in 1996 he obtain a Masters Degree in Geology. Between 1995 to 2004 he was employed by Kuky Silverio Industries, located near Puerto Plata, as a geologist in charge of all new development projects.  Between 2004 and 2009, Mr. Sosa was employed with Palo Alto Mining Company, located near Barahona in the Dominican Republic, as a geologist in charge of land removal and mineral findings and between 2009 and 2010 was employed as a consultant for Barrick Mining Company near Bonoa in the Dominican Republic and responsible to installation and land removal.

Term of Office

Presently Oroplata has only one member of the Board of Directors.   This is expected to change once our sole officer and director can determine what other individuals would benefit Oroplata by serving on its Board.  Members of Oroplata’s board of directors are appointed to hold office until the next annual meeting of our stockholders or until his or her successor is elected and qualified, or until they resign or are removed in accordance with the provisions of the Nevada Revised Statutes.   Our officers are appointed by our board of directors and hold office until removed by the board.

Employees

Oroplata’s has no paid employees because, at this time, Hilario Santos Sosa does not get compensated for his services.

Presently the majority of Oroplata’s business is conduct through independent consultants and arms-length third parties.  There are no formal consulting agreements in place.  Oroplata has no verbal arrangement with any party regarding future exploration work or other administrative functions.

Committees of the Board of Directors

Oroplata does not have a separately constituted audit committee, compensation committee, nominating committee, executive committee or any other committees responsible to the Board of Directors.

Executive Compensation
 
Summary Compensation Table

No compensation was awarded to, earned by, or paid to our sole officer and director during the period from October 6, 2011 (date of inception) to March 31, 2013.
 
 
 
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Outstanding Equity Awards

There are no stock option or future rights to any of the Company’s capital stock.   There are no stock incentive plans in place.


Security Ownership Of Certain Beneficial Owners And Management

The following table sets forth certain information concerning the number of shares of our common stock owned beneficially as of April 30, 2013 by: (i) each person (including any group) known to us to own more than five percent (5%) of any class of our voting securities of our shares of common stock, (ii) our executive officers and directors, and (iii) our named executive officers as defined in Item 402(m)(2) of Regulation S-K. Unless otherwise indicated, the stockholder listed possess sole voting and investment power with respect to the shares shown.

Title of Class
 
Name and Address of Beneficial Owner
Amount and Nature of Beneficial Ownership
Percentage of Common Stock (1)
 
Security Ownership of Management
 
Common Stock
Hilario Santos Sosa
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director
 
40,000,000
(Direct)
100.0%
Common Stock
All Officers and Directors as a Group
(1 persons)
40,000,000
(Direct)
100.0%
Security Ownership of Certain Beneficial Owners
Common Stock
Hilario Santos Sosa
Chief Executive Officer, President and Director
 
40,000,000
(Direct)
100.0%

Notes:
(1)  
A beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares.  Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares).  In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided.  In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights.  As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on April 30, 2013.  As of April 30, 2013, there were 40,000,000 shares of our common stock issued and outstanding.  Mr. Sosa is deemed to be underwriter to this offering.

Changes in Control

There are no arrangements which may result in a change in control in the future.
 
 
 
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Related Party Transactions and Director Independence

Related Party Transactions

On October 14, 2011, Oroplata issued 40,000,000 shares of its common stock at a price of $0.002 per share to Hilario Santos Sosa, our Chief Executive Officer, President, Chief Financial Officer, Secretary, a director and an underwriter to this offering. The shares were issued pursuant to Section 4(2) of the Securities Act and are restricted shares as defined in the Securities Act.

Director Independence

Oroplata’s common stock is not currently listed on a national securities exchange or an inter-dealer quotation system.  Oroplata intends to apply to have its common stock   quoted on the OTC Bulletin Board inter-dealer quotation system, which does not have director independence requirements.  Under NASDAQ Rule 5605(a)(2), a director is not considered to be independent if he or she is also an executive officer or employee of the corporation.  As Hilario Santos Sosa is the sole executive officer and director, Oroplata has to determined that he is not independent director as defined under NASDAQ Rule 5605(a)(2).
 
DISCLOSURE OF COMMISSION POSITION OF INDEMNIFICATION FOR SECURITIES ACT LIABILITIES

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the Company pursuant to the foregoing provisions, the Company has been informed 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 persons in 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.
 
 
 
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SUBJECT TO COMPLETION, DATED JUNE, 2013

PROSPECTUS

OROPLATA RESOURCES, INC.

15,000,000 SHARES OF COMMON STOCK




Dealer Prospectus Delivery Obligation

Until ninety days after the date this registration statement is declared effective, 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.
 
 
 
 
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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
 
Other Expenses Of Issuance And Distribution
 
 
Estimated Costs Associated with the Issuance and Distribution

Expenses (1)
 
   
Accounting fees and bookkeeping charges
    $     6,000
Legal fees
1,000
Miscellaneous  and sundry expenses
2,500
Registration Statement Preparation
10,000
SEC Registration Fee
6
Transfer Agent Fees
 2,000
   
Total
$   21,506

Note:
(1)   All amounts are the best estimates of management, other than the SEC's registration fee.

We are paying all expenses of the offering listed above.  No portion of these expenses will be paid by the selling security holder. The selling security holder, however, will pay any other expenses incurred in selling his shares, including any brokerage commissions or costs of sale.

Indemnification Of Directors And Officers

Our officer and director is indemnified as provided by the Nevada Revised Statutes, our Articles of Incorporation and Bylaws.

Indemnification

Under Chapter 78 of the Nevada Revised Statutes, we are required to indemnify our officers and directors if they are successful at defending any action, suit or proceeding brought against them as a result of serving in that position, including criminal, civil, administrative or investigative actions and actions brought by or on behalf of the Company.

Chapter 78 of the Nevada Revised Statutes further provides that we are permitted to indemnify our officers and directors for criminal, civil, administrative or investigative actions brought against them by third parties and for actions brought by or on behalf of the Company, even if they are unsuccessful in defending that action, if the officer or director:

(a)  
is not found liable for a breach of his or her fiduciary duties as an officer or director or to have engaged in intentional misconduct, fraud or a knowing violation of the law; or

(b)  
acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable cause to believe that his conduct was unlawful.

However, with respect to actions brought by or on behalf of the Company against our officers or directors, we are not permitted to indemnify our officers or directors where they are adjudged by a court, after the exhaustion of all appeals, to be liable to us or for amounts paid in settlement to the Company, unless, and only to the extent that, a court determines that the officers or directors are entitled to be indemnified.
 
 
 
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Our Bylaws provide that we will indemnify our officers and directors to the full extent permitted by law for any threatened, pending or completed actions or proceedings, whether they be civil, criminal, administrative or investigative, including actions or proceedings brought by or in the right of our company.

Advance of Expenses

Under Chapter 78 of the Nevada Revised Statutes, we are required to advance funds to our officers or directors for the payment of expenses incurred in connection with defending a proceeding brought against them in advance of a final disposition of the action, suit or proceeding. However, as a condition of our doing so, the officers or directors to which funds are to be advanced must provide us with undertakings to repay any advanced amounts if it is ultimately determined that they are not entitled to be indemnified for those expenses.

Insurance

Chapter 78 of the NRS and our Bylaws also allow us to purchase and maintain insurance on behalf of our officers or directors, regardless of whether we have the authority to indemnify them against such liabilities or expenses.
 
Recent Sales Of Unregistered Securities
 
On October 14, 2011, Oroplata issued 40,000,000 shares of its common stock at a price of $0.002 per share for total proceeds of $80,000 pursuant to Section 4(2) of the Securities Act.  All these shares were subscribed for and issued to Hilario Santos Sosa, our sole director and officer.  These shares are restricted shares as defined in the Securities Act.
 
Exhibits

Index of Exhibits
 Exhibit Number
 
Description of Exhibits
3.1
Articles of Incorporation.
3.2
Bylaws.
5.1
Opinion of Gary R. Henrie, Attorney at Law.
11
Statement re. Computation of Per Share Earnings
21
Subsidiaries of the Registrant
23.1
Consent of Gary R. Henrie
23.2
Consent of Goldman Accounting Services CPA, PLLC
23.3
Consent of Ismael Martinez, Professional Geologist.
   

Undertakings

The undersigned Registrant hereby undertakes:
 
 
1.  
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

(a)  
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

(b)  
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.  Notwithstanding the foregoing, 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 SEC 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
 
 
 
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(c)  
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.
 
 
2.  
That, for the purpose of determining any liability under the Securities Act of 1933, 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 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 which remain unsold at the termination of the offering.

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 SEC 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 persons in 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.

For the purposes of determining liability under the Securities Act for any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness.  Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
 
 
 
 
 
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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 duly authorized in the City of Puerto Plata, Dominican Republic, on May 22, 2013.


     
OROPLATA RESOURCES, INC.
 
   
By:
“Hilario Santos Sosa”
     
HILARIO SANTOS SOSA
     
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director
       
       
   
Date:
May 22, 2013
       


Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
 
 
       
       
       
   
By:
“Hilario Santos Sosa”
     
HILARIO SANTOS SOSA
     
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director
       
       
   
Date:
May 22, 2013

 


 
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Exhibit 3.1                                ARTICLES OF INCORPORATION

ARTICLES OF INCORPORATION

OF

OROPLATA RESOURCES, INC.

THE UNDERSIGNED , having associated ourselves together for the purpose of forming a corporation for the transaction of business and the promotion and conduct of the objects and purposes hereinafter stated, under the provisions of and subject to the requirements of the laws of the State of Nevada, do make, record and file these Articles of Incorporation, in writing, and we do hereby certify:

ARTICLE I
 
NAME
 
                 The name of this Corporation shall be:    OROPLATA RESOURCES, INC.
 
ARTICLE II

PURPOSE
 
The purpose for which said Corporation is formed and the nature of the objects proposed to be transacted and carried on by it is to engage in any and all lawful activity, as provided by the laws of the State of Nevada.
ARTICLE III
 
CAPITAL STOCK
 
The total number of shares of all classes of capital stock which the Company shall have authority to issue is 500,000,000 shares (“Capital Stock”).  The classes and the aggregate number of shares of each class of Capital Stock that the Company shall have authority to issue are as follows:

500,000,000 shares of common stock, $0.001 par value ("Common Stock")
 
ARTICLE IV
 
GOVERNING BOARD
 
The members of the Governing Board of the Corporation are styled Directors.  The initial board of directors shall consist of one member.  The number of directors may be changed from time to time by action of the directors of the Corporation in accordance with, and subject to the limitation on the number contained in the By-Laws of the Corporation.  The names and post office address of the First Board of Directors are as follows:

FIRST BOARD OF DIRECTORS

Name                                                                      Address

Hilario Santos Sosa                                                                123 W. Nye Lane, Suite 129
          Carson City, NV 89706



 
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ARTICLE V
 
INCORPORATOR
 
The name and address of the incorporator signing these Articles of Incorporation, who is above the age of eighteen (18) years, is as follows:

Name                                                                  Address
 
Justeene Blankenship                                                                7069 S. Highland Dr., Suite 300
            Salt Lake City, Utah 84121

 
ARTICLE VI
 
       RESIDENT AGENT

The name and address of the Resident Agent is as follows:

Name                                                                             Address

American Corporate Enterprises, Inc.                                      123 W. Nye Lane, Suite 129
           Carson City, NV  89706
 
ARTICLE VII
 
INDEMNIFICATION
 
No director or officer of the Corporation shall be personally liable to the Corporation or any of its stockholders for damages for breach of fiduciary duty as a director or officer; provided, however, that the foregoing provision shall not eliminate or limit the liability of a director or officer (i) for acts or omissions which involve intentional misconduct, fraud or knowing violation of law, or (ii) the payment of dividends in violation of Section 78.300 of the Nevada Revised Statutes.  Any repeal or modification of an Article by the stockholders of the Corporation shall be prospective only, and shall not adversely affect any limitation of the personal liability of a director or officer of the Corporation for acts or omissions prior to such repeal or modification.

ARTICLE VIII

ACQUISITION OF CONTROLLING INTEREST

The Corporation elects not to be governed by the terms and provisions of Sections 78.378 through 78.3793, inclusive, of the Nevada Revised Statutes, as the same may be amended, superseded, or replaced by any successor section, statute, or provision.  No amendment to these Articles of Incorporation, directly or indirectly, by merger or consolidation or otherwise, having the effect of amending or repealing any of the provisions of this paragraph shall apply to or have any effect on any transaction involving acquisition of control by any person or any transaction with an interested stockholder occurring prior to such amendment or repeal.
 
 
ARTICLE IX

COMBINATIONS WITH INTERESTED STOCKHOLDERS
 
The Corporation elects not to be governed by the terms and provisions of Sections 78.411 through 78.444, inclusive, of the Nevada Revised Statutes, as the same may be amended, superseded, or replaced by any successor section, statute, or provision.
 
IN WITNESS WHEREOF , I have hereunto subscribed my name this 7th day of October, 2011.
 
JUSTEENE BLANKENSHIP
Justeene Blankenship

 
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Exhibit 3.2                                BYLAWS


BYLAWS
OF
OROPLATA RESOURCES, INC.

(A NEVADA CORPORATION)


ARTICLE I

OFFICES

Section 1 .  Registered Office . The registered office of Oroplata Resources, Inc. (the “Corporation”) in the State of Nevada shall be in such location as the directors determine in the State of Nevada.

Section 2 .  Other Offices.   The Corporation shall also have and maintain an office or principal place of business at such place as may be fixed by the Board of Directors, and may also have offices at such other places, both within and without the State of Nevada as the Board of Directors may from time to time determine or the business of the Corporation may require.

                         ARTICLE II

                          CORPORATE SEAL

Section 3 .  Corporate Seal.   The corporate seal shall consist of a die bearing the name of the Corporation and the inscription, “Corporate Seal-Nevada." Said seal may be used by causing it or a facsimile thereof to be impressed or affixed or reproduced or otherwise.

                          ARTICLE III

                           STOCKHOLDERS’ MEETINGS

Section 4 .  Place of Meetings.   Meetings of the stockholders of the Corporation shall be held at such place, either within or without the State of Nevada, as may be designated from time to time by the Board of Directors, or, if not so designated, then at the office of the Corporation required to be maintained pursuant to Section 2 hereof.

Section 5.  Annual Meeting.

(a)           The annual meeting of the stockholders of the Corporation, for the purpose of election of directors and for such other business as may lawfully come before it, shall be held on such date and at such time as may be designated from time to time by the Board of Directors.

(b)           At an annual meeting of the stockholders, only such business shall be conducted as shall have been properly brought before the meeting.  To be properly brought before an annual meeting, business must be: (A) specified in the notice of meeting (or any supplement thereto) given by or at the direction of the Board of Directors, (B) otherwise properly brought before the meeting by or at the direction of the Board of Directors, or (C) otherwise properly brought before the meeting by a stockholder.  For business to be properly brought before an annual meeting by a stockholder, the stockholder must have given timely notice thereof in writing to the Secretary of the Corporation.  To be timely, a stockholder's notice must be delivered to or mailed and received at the principal executive offices of the Corporation not later than the close of business on the one hundred and twentieth (120 th ) calendar day prior to the date of the Corporation’s proxy statement that was released to the stockholders in connection with the previous years annual meeting of the stockholders; provided, however, that in the event that no annual meeting was held in the previous year or the date of the annual meeting has been changed by more than thirty (30) days from the date contemplated at the time of the previous year's proxy statement, to be timely, a stockholder’s notice must be delivered to or mailed and received at the principal executive offices of the Corporation not later than the close of business on the one hundred and twentieth (120 th ) calendar day prior to the date the Corporation files its definitive proxy statement and form of proxy with the United States Securities and Exchange Commission pursuant to the provisions of Regulation 14A under the Securities Exchange Act of
 
 
 
 
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1934, as amended (the “1934 Act”).  A stockholder's notice to the Secretary shall set forth as to each matter the stockholder proposes to bring before the annual meeting: (i) a brief description of the business desired to be brought before the annual meeting and the reasons for conducting such business at the annual meeting, (ii) the name and address, as they appear on the Corporation's books, of the stockholder proposing such business, (iii) the class and number of shares of the Corporation which are beneficially owned by the stockholder, (iv) any material interest of the stockholder in such business and (v) any other information that is required to be provided by the stockholder pursuant to Regulation 14A under the 1934 Act, in his capacity as a proponent to a stockholder proposal.  Notwithstanding the foregoing, in order to include information with respect to a stockholder proposal in the proxy statement and form of proxy for a stockholder's meeting, stockholders must provide notice as required by the regulations promulgated under the 1934 Act.  Notwithstanding anything in these Bylaws to the contrary, no business shall be conducted at any annual meeting except in accordance with the procedures set forth in this paragraph (b).  The chairman of the annual meeting shall, if the facts warrant, determine and declare at the meeting that business was not properly brought before the meeting and in accordance with the provisions of this paragraph (b), and, if he should so determine, he shall so declare at the meeting that any such business not properly brought before the meeting shall not be transacted.

(c)           Only persons who are confirmed in accordance with the procedures set forth in this paragraph (c) shall be eligible for election as directors.  Nominations of persons for election to the Board of Directors of the Corporation may be made at a meeting of stockholders by or at the direction of the Board of Directors or by any stockholder of the Corporation entitled to vote in the election of directors at the meeting who complies with the notice procedures set forth in this paragraph (c).  Such nominations, other than those made by or at the direction of the Board of Directors, shall be made pursuant to timely notice in writing to the Secretary of the Corporation in accordance with the provisions of paragraph (b) of this Section 5.  Such stock­holder's notice shall set forth (i) as to each person, if any, whom the stockholder proposes to nominate for election or re-election as a director: (A) the name, age, business address and residence address of such person, (B) the principal occupation or employment of such person, (C) the class and number of shares of the Corporation which are beneficially owned by such person, (D) a description of all arrangements or understandings between the stockholder and each nominee and any other person or persons (naming such person or persons) pursuant to which the nominations are to be made by the stockholder, and (E) any other information relating to such person that is required to be disclosed in solicitations of proxies for election of directors, or is otherwise required, in each case pursuant to Regulation 14A under the 1934 Act (including without limitation such person's written consent to being named in the proxy statement, if any, as a nominee and to serving as a director if elected); and (ii) as to such stockholder giving notice, the information required to be provided pursuant to paragraph (b) of this Section 5.  At the request of the Board of Directors, any person nominated by a stockholder for election as a director shall furnish to the Secretary of the Corporation that information required to be set forth in the stockholder's notice of nomination which pertains to the nominee.  No person shall be eligible for election as a director of the Corporation unless nominated in accordance with the procedures set forth in this paragraph (c).  The chairman of the meeting shall, if the facts warrant, determine and declare at the meeting that a nomination was not made in accordance with the procedures prescribed by these Bylaws, and if he should so determine, he shall so declare at the meeting, and the defective nomination shall be disregarded.

(d)           For purposes of this Section 5, "public announcement" shall mean disclosure in a press release reported by the Dow Jones News Service, Associated Press or comparable national news service or in a document publicly filed by the Corporation with the United States Securities and Exchange Commission pursuant to Section 13, 14 or 15(d) of the 1934 Act.

Section 6.  Special Meetings.

(a)           Special meetings of the stockholders of the Corporation may be called, for any purpose or purposes, by (i) the Chairman of the Board of Directors, (ii) the Chief Executive Officer, or (iii) the Board of Directors pursuant to a resolution adopted by a majority of the total number of authorized directors (whether or not there exist any vacancies in previously authorized directorships at the time any such resolution is presented to the Board of Directors for adoption), and shall be held at such place, on such date, and at such time as the Board of Directors, shall determine.
 
 
 
 
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           (b)           If a special meeting is called by any person or persons other than the Board of Directors, the request shall be in writing, specifying the general nature of the business proposed to be transacted, and shall be delivered personally or sent by registered mail or by tele­graphic or other facsimile transmission to the Chairman of the Board of Directors, the Chief Executive Officer, or the Secretary of the Corporation.  No business may be transacted at such special meeting otherwise than specified in such notice.  The Board of Directors shall determine the time and place of such special meeting, which shall be held not less than thirty-five (35) nor more than one hundred twenty (120) days after the date of the receipt of the request.  Upon determination of the time and place of the meeting, the officer receiving the request shall cause notice to be given to the stockholders entitled to vote, in accordance with the provisions of Section 7 of these Bylaws.  If the notice is not given within sixty (60) days after the receipt of the request, the person or persons requesting the meeting may set the time and place of the meeting and give the notice.  Nothing contained in this paragraph (b) shall be construed as limiting, fixing, or affecting the time when a meeting of stockholders called by action of the Board of Directors may be held.

Section 7 .  Notice of Meetings.   Except as otherwise provided by law or the Articles of Incorporation, written notice of each meeting of stockholders shall be given not less than ten (10) nor more than sixty (60) days before the date of the meeting to each stockholder entitled to vote at such meeting, such notice to specify the place, date and hour and purpose or purposes of the meeting.  Notice of the time, place and purpose of any meeting of stockholders may be waived in writing, signed by the person entitled to notice thereof, either before or after such meeting, and will be waived by any stockholder by his attendance thereat in person or by proxy, except when the stockholder attends a meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened.  Any stockholder so waiving notice of such meeting shall be bound by the proceedings of any such meeting in all respects as if due notice thereof had been given.

Section 8 .  Quorum.   At all meetings of stockholders, except where otherwise provided by statute or by the Articles of Incorporation, or by these Bylaws, the presence, in person or by proxy duly authorized, of the holder or holders of not less than one percent (1%) of the outstanding shares of stock entitled to vote shall constitute a quorum for the transaction of business.  In the absence of a quorum, any meeting of stockholders may be adjourned, from time to time, either by the chairman of the meeting or by vote of the holders of a majority of the shares represented thereat, but no other business shall be transacted at such meeting.  The stockholders present at a duly called or convened meeting, at which a quorum is present, may continue to transact business until adjournment, notwithstanding the withdrawal of enough stockholders to leave less than a quorum.  Except as otherwise provided by law, the Articles of Incorporation or these Bylaws, all action taken by the holders of a majority of the votes cast, excluding abstentions, at any meeting at which a quorum is present shall be valid and binding upon the Corporation; provided, however, that directors shall be elected by a plurality of the votes of the shares present in person or represented by proxy at the meeting and entitled to vote on the election of directors.  Where a separate vote by a class or classes or series is required, except where otherwise provided by the statute or by the Articles of Incorporation or these Bylaws, a majority of the outstanding shares of such class or classes or series, present in person or represented by proxy, shall constitute a quorum entitled to take action with respect to that vote on that matter and, except where otherwise provided by the statute or by the Articles of Incorporation or these Bylaws, the affirmative vote of the majority (plurality, in the case of the election of directors) of the votes cast, including abstentions, by the holders of shares of such class or classes or series shall be the act of such class or classes or series.

Section 9 .    Adjournment and Notice of Adjourned Meetings.   Any meeting of stockholders, whether annual or special, may be adjourned from time to time either by the chairman of the meeting or by the vote of a majority of the shares casting votes, excluding abstentions.  When a meeting is adjourned to another time or place, notice need not be given of the adjourned meeting if the time and place thereof are announced at the meeting at which the adjournment is taken.  At the adjourned meeting, the Corporation may transact any business which might have been transacted at the original meeting.  If the adjournment is for more than thirty (30) days or if after the adjournment a new record date is fixed for the adjourned meeting, a notice of the adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting.

Section 10 .                          Voting Rights.   For the purpose of determining those stockholders entitled to vote at any meeting of the stockholders, except as otherwise provided by law, only persons in whose names shares stand on the stock records of the Corporation on the record date, as provided in Section 12 of these Bylaws, shall be entitled to vote at any meeting of stockholders.  Every person entitled to vote shall have the right to do so either in person or by an agent or agents authorized by a proxy granted in accordance with Nevada law.  An agent so appointed need not be a stockholder.  No proxy shall be voted after six (6) months from its date of creation unless the proxy provides for a longer period, which may not exceed seven (7) years from the date of its creation.
 
 
 
 
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Section 11 .                          Joint Owners of Stock.   If shares or other securities having voting power stand of record in the names of two (2) or more persons, whether fiduciaries, members of a partnership, joint tenants, tenants in common, tenants by the entirety, or otherwise, or if two (2) or more persons have the same fiduciary relationship respecting the same shares, unless the Secretary is given written notice to the contrary and is furnished with a copy of the instrument or order appointing them or creating the relationship wherein it is so provided, their acts with respect to voting shall have the following effect: (a) if only one (1) votes, his act binds all; (b) if more than one (1) votes, the act of the majority so voting binds all; and (c) if more than one (1) votes, but the vote is evenly split on any particular matter, each faction may vote the securities in question proportionally.

Section 12 .                           List of Stockholders.   The Secretary shall prepare and make, at least ten (10) days before every meeting of stockholders, a complete list of the stockholders entitled to vote at said meeting, arranged in alphabetical order, showing the address of each stockholder and the number of shares registered in the name of each stockholder.  Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting, during ordinary business hours, for a period of at least ten (10) days prior to the meeting, either at a place within the city where the meeting is to be held, which place shall be specified in the notice of the meeting, or, if not specified, at the place where the meeting is to be held.  The list shall be produced and kept at the time and place of meeting during the whole time thereof and may be inspected by any stockholder who is present.

Section 13 .                          Action Without Meeting.   No action shall be taken by the stockholders except at an annual or special meeting of stockholders called in accordance with these Bylaws, or by the written consent of the shareholders in accordance with Chapter 78 of the Nevada Revised Statutes.

Section 14 .                         Organization.

(a)           At every meeting of stockholders, the Chairman of the Board of Directors, or, if a Chairman has not been appointed or is absent, the President, or, if the President is absent, a chairman of the meeting chosen by a majority in interest of the stockholders entitled to vote, present in person or by proxy, shall act as chairman.  The Secretary, or, in his absence, an Assistant Secretary directed to do so by the President, shall act as secretary of the meeting.

(b)           The Board of Directors of the Corporation shall be entitled to make such rules or regulations for the conduct of meetings of stockholders as it shall deem necessary, appropriate or convenient.  Subject to such rules and regulations of the Board of Directors, if any, the chairman of the meeting shall have the right and authority to prescribe such rules, regulations and procedures and to do all such acts as, in the judgment of such chairman, are necessary, appropriate or convenient for the proper conduct of the meeting, including, without limitation, establishing an agenda or order of business for the meeting, rules and procedures for maintaining order at the meeting and the safety of those present, limitations on participation in such meeting to stockholders of record of the Corporation and their duly authorized and constituted proxies and such other persons as the chairman shall permit, restrictions on entry to the meeting after the time fixed for the commencement thereof, limitations on the time allotted to questions or comments by participants and regulation of the opening and closing of the polls for balloting on matters which are to be voted on by ballot.  Unless and to the extent determined by the Board of Directors or the chairman of the meeting, meetings of stockholders shall not be required to be held in accordance with rules of parliamentary procedure.

 
 
 
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ARTICLE IV

DIRECTORS

Section 15 .                          Number and Qualification.   The authorized number of directors of the Corporation shall be not less than one (1) nor more than fifteen (15) as fixed from time to time by resolution of the Board of Directors; provided that no decrease in the number of directors shall shorten the term of any incumbent directors.  Directors need not be stockholders unless so required by the Articles of Incorporation.  If for any cause, the directors shall not have been elected at an annual meeting, they may be elected as soon thereafter as convenient at a special meeting of the stockholders called for that purpose in the manner provided in these Bylaws.

Section 16 .                          Powers.   The powers of the Corporation shall be exercised, its business conducted and its property controlled by the Board of Directors, except as may be otherwise provided by statute or by the Articles of Incorporation.

Section 17 .                          Vacancies.    Unless otherwise provided in the Articles of Incorporation, any vacancies on the Board of Directors resulting from death, resignation, disqualification, removal or other causes and any newly created directorships resulting from any increase in the number of directors, shall unless the Board of Directors determines by resolution that any such vacancies or newly created directorships shall be filled by stockholder vote, be filled only by the affirmative vote of a majority of the directors then in office, even though less than a quorum of the Board of Directors.  Any director elected in accordance with the preceding sentence shall hold office for the remainder of the full term of the director for which the vacancy was created or occurred and until such director's successor shall have been elected and qualified.  A vacancy in the Board of Directors shall be deemed to exist under this Bylaw in the case of the death, removal or resignation of any director.

Section 18 .                          Resignation.   Any director may resign at any time by delivering his written resignation to the Secretary, such resignation to specify whether it will be effective at a particular time, upon receipt by the Secretary or at the pleasure of the Board of Directors.  If no such specification is made, it shall be deemed effective at the pleasure of the Board of Directors.  When one or more directors shall resign from the Board of Directors, effective at a future date, a majority of the directors then in office, including those who have so resigned, shall have power to fill such vacancy or vacancies, the vote thereon to take effect when such resignation or resignations shall become effective, and each director so chosen shall hold office for the unexpired portion of the term of the director whose place shall be vacated and until his successor shall have been duly elected and qualified.

Section 19 .                          Removal.   Subject to the Articles of Incorporation, any director may be removed by the affirmative vote of the holders of not less than 2/3 of the outstanding shares of the Corporation then entitled to vote, with or without cause.

Section 20 .                         Meetings.

(a)            Annual Meetings.   The annual meeting of the Board of Directors shall be held immediately after the annual meeting of stockholders and at the place where such meeting is held.  No notice of an annual meeting of the Board of Directors shall be necessary and such meeting shall be held for the purpose of electing officers and transacting such other business as may lawfully come before it.

(b)            Regular Meetings.   Except as hereinafter otherwise provided, regular meetings of the Board of Directors shall be held in the office of the Corporation required to be maintained pursuant to Section 2 hereof.  Unless otherwise restricted by the Articles of Incorporation, regular meetings of the Board of Directors may also be held at any place within or without the State of Nevada which has been designated by resolution of the Board of Directors or the written consent of all directors.

(c)            Special Meetings.   Unless otherwise restricted by the Articles of Incorporation, special meetings of the Board of Directors may be held at any time and place within or without the State of Nevada whenever called by the Chairman of the Board, the President or any two of the directors.
 
 
 
 
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(d)            Telephone Meetings.   Any member of the Board of Directors, or of any committee thereof, may participate in a meeting by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and participation in a meeting by such means shall constitute presence in person at such meeting.

(e)            Notice of Meetings.   Notice of the time and place of all special meetings of the Board of Directors shall be orally or in writing, by telephone, facsimile, telegraph or telex, during normal business hours, at least twenty-four (24) hours before the date and time of the meeting, or sent in writing to each director by first class mail, charges prepaid, at least three (3) days before the date of the meeting.  Notice of any meeting may be waived in writing at any time before or after the meeting and will be waived by any director by attendance thereat, except when the director attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened.

(f)            Waiver of Notice. The transaction of all business at any meeting of the Board of Directors, or any committee thereof, however called or noticed, or wherever held, shall be as valid as though had at a meeting duly held after regular call and notice, if a quorum be present and if, either before or after the meeting, each of the directors not present shall sign a written waiver of notice.  All such waivers shall be filed with the corporate records or made a part of the minutes of the meeting.

Section 21 .                         Quorum and Voting.

(a)           Unless the Articles of Incorporation requires a greater number and except with respect to indemnification questions arising under Section 42 hereof, for which a quorum shall be one-third of the exact number of directors fixed from time to time in accordance with the Articles of Incorporation, a quorum of the Board of Directors shall consist of a majority of the exact number of directors fixed from time to time by the Board of Directors in accordance with the Articles of Incorporation provided, however, at any meeting whether a quorum be present or otherwise, a majority of the directors present may adjourn from time to time until the time fixed for the next regular meeting of the Board of Directors, without notice other than by announcement at the meeting.

(b)           At each meeting of the Board of Directors at which a quorum is present, all questions and business shall be determined by the affirmative vote of a majority of the directors present, unless a different vote be required by law, the Articles of Incorporation or these Bylaws.

Section 22 .                          Action Without Meeting.   Unless otherwise restricted by the Articles of Incorporation or these Bylaws, any action required or permitted to be taken at any meeting of the Board of Directors or of any committee thereof may be taken without a meeting, if all members of the Board of Directors or committee, as the case may be, consent thereto in writing, and such writing or writings are filed with the minutes of proceedings of the Board of Directors or committee.

Section 23 .                          Fees and Compensation.   Directors shall be entitled to such compensation for their services as may be approved by the Board of Directors, including, if so approved, by resolution of the Board of Directors, a fixed sum and expenses of attendance, if any, for attendance at each regular or special meeting of the Board of Directors and at any meeting of a committee of the Board of Directors.  Nothing herein contained shall be construed to preclude any director from serving the Corporation in any other capacity as an officer, agent, employee, or otherwise and receiving compensation therefor.

Section 24 .                         Committees.

(a)            Executive Committee.   The Board of Directors may by resolution passed by a majority of the whole Board of Directors appoint an Executive Committee to consist of one (1) or more members of the Board of Directors.  The Executive Committee, to the extent permitted by law and provided in the resolution of the Board of Directors shall have and may exercise all the powers and authority of the Board of Directors in the management of the business and affairs of the Corporation, including without limitation the power or authority to declare a dividend, to authorize the issuance of stock and to adopt a certificate of ownership and merger, and may authorize the seal of the Corporation to be affixed to all papers which may require it; but no such committee shall have the power or authority in reference to amending the Articles of Incorporation (except that a committee may, to the
 
 
 
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extent authorized in the resolution or resolutions providing for the issuance of shares of stock adopted by the Board of Directors fix the designations and any of the preferences or rights of such shares relating to dividends, redemption, dissolution, any distribution of assets of the Corporation or the conversion into, or the exchange of such shares for, shares of any other class or classes or any other series of the same or any other class or classes of stock of the Corporation or fix the number of shares of any series of stock or authorize the increase or decrease of the shares of any series), adopting an agreement of merger or consolidation, recommending to the stockholders the sale, lease or exchange of all or substantially all of the Corporation's property and assets, recommending to the stockholders a dissolution of the Corporation or a revocation of a dissolution, or amending the bylaws of the Corporation.

(b)            Other Committees.   The Board of Directors may, by resolution passed by a majority of the whole Board of Directors, from time to time appoint such other committees as may be permitted by law.  Such other committees appointed by the Board of Directors shall consist of one (1) or more members of the Board of Directors and shall have such powers and perform such duties as may be prescribed by the resolution or resolutions creating such committees, but in no event shall such committee have the powers denied to the Executive Committee in these Bylaws.

(c)            Term.   Each member of a committee of the Board of Directors shall serve a term on the committee coexistent with such member's term on the Board of Directors.  The Board of Directors, subject to the provisions of subsections (a) or (b) of this Bylaw may at any time increase or decrease the number of members of a committee or terminate the existence of a committee.  The membership of a committee member shall terminate on the date of his death or voluntary resignation from the committee or from the Board of Directors.  The Board of Directors may at any time for any reason remove any individual committee member and the Board of Directors may fill any committee vacancy created by death, resignation, removal or increase in the number of members of the committee.  The Board of Directors may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee, and, in addition, in the absence or disqualification of any member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not he or they constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the meeting in the place of any such absent or disqualified member.

(d)            Meetings.   Unless the Board of Directors shall otherwise provide, regular meetings of the Executive Committee or any other committee appointed pursuant to this Section 24 shall be held at such times and places as are determined by the Board of Directors, or by any such committee, and when notice thereof has been given to each member of such committee, no further notice of such regular meetings need be given thereafter.  Special meetings of any such committee may be held at any place which has been determined from time to time by such committee, and may be called by any director who is a member of such committee, upon written notice to the members of such committee of the time and place of such special meeting given in the manner provided for the giving of written notice to members of the Board of Directors of the time and place of special meetings of the Board of Directors.  Notice of any special meeting of any committee may be waived in writing at any time before or after the meeting and will be waived by any director by attendance thereat, except when the director attends such special meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened.  A majority of the authorized number of members of any such committee shall constitute a quorum for the transaction of business, and the act of a majority of those present at any meeting at which a quorum is present shall be the act of such committee.

Section 25 .                          Organization.   At every meeting of the directors, the Chairman of the Board of Directors, or, if a Chairman has not been appointed or is absent, the President, or if the President is absent, the most senior Vice President, or, in the absence of any such officer, a chairman of the meeting chosen by a majority of the directors present, shall preside over the meeting.  The Secretary, or in his absence, an Assistant Secretary directed to do so by the President, shall act as secretary of the meeting.
 
 
 
 
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ARTICLE V

OFFICERS

Section 26 .                          Officers Designated.   The officers of the Corporation shall include, if and when designated by the Board of Directors, the Chairman of the Board of Directors, the Chief Executive Officer, the President, one or more Vice Presidents, the Secretary, the Chief Financial Officer, the Treasurer, the Controller, all of whom shall be elected at the annual organizational meeting of the Board of Directors.  The Board of Directors may also appoint one or more Assistant Secretaries, Assistant Treasurers, Assistant Controllers and such other officers and agents with such powers and duties as it shall deem necessary. The Board of Directors may assign such additional titles to one or more of the officers as it shall deem appropriate.  Any one person may hold any number of offices of the Corporation at any one time unless specifically prohibited therefrom by law.  The salaries and other compensation of the officers of the Corporation shall be fixed by or in the manner designated by the Board of Directors.

Section 27 .                         Tenure and Duties of Officers.

(a)            General.   All officers shall hold office at the pleasure of the Board of Directors and until their successors shall have been duly elected and qualified, unless sooner removed.  Any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors.  If the office of any officer becomes vacant for any reason, the vacancy may be filled by the Board of Directors.

(b)            Duties of Chairman of the Board of Directors.   The Chairman of the Board of Directors, when present, shall preside at all meetings of the stockholders and the Board of Directors.  The Chairman of the Board of Directors shall perform other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors shall designate from time to time.  If there is no President, then the Chairman of the Board of Directors shall also serve as the Chief Executive Officer of the Corporation and shall have the powers and duties prescribed in paragraph (c) of this Section 27.

(c)            Duties of President.   The President shall preside at all meetings of the stockholders and at all meetings of the Board of Directors, unless the Chairman of the Board of Directors has been appointed and is present.  Unless some other officer has been elected Chief Executive Officer of the Corporation, the President shall be the chief executive officer of the Corporation and shall, subject to the control of the Board of Directors, have general supervision, direction and control of the business and officers of the Corporation.  The President shall perform other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors shall designate from time to time.

(d)            Duties of Vice Presidents.   The Vice Presidents may assume and perform the duties of the President in the absence or disability of the President or whenever the office of President is vacant.  The Vice Presidents shall perform other duties commonly incident to their office and shall also perform such other duties and have such other powers as the Board of Directors or the President shall designate from time to time.

(e)            Duties of Secretary.   The Secretary shall attend all meetings of the stockholders and of the Board of Directors and shall record all acts and proceedings thereof in the minute book of the Corporation.  The Secretary shall give notice in conformity with these Bylaws of all meetings of the stockholders and of all meetings of the Board of Directors and any committee thereof requiring notice.  The Secretary shall perform all other duties given him in these Bylaws and other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors shall designate from time to time.  The President may direct any Assistant Secretary to assume and perform the duties of the Secretary in the absence or disability of the Secretary, and each Assistant Secretary shall perform other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors or the President shall designate from time to time.

(f)            Duties of Chief Financial Officer.   The Chief Financial Officer shall keep or cause to be kept the books of account of the Corporation in a thorough and proper manner and shall render statements of the financial affairs of the Corporation in such form and as often as required by the Board of Directors or the President.  The Chief Financial Officer, subject to the order of the Board of Directors, shall have the custody of all funds and securities of the Corporation.  The Chief Financial Officer shall perform other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors or the President shall designate from time to
 
 
 
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time.  The President may direct the Treasurer or any Assistant Treasurer, or the Controller or any Assistant Controller to assume and perform the duties of the Chief Financial Officer in the absence or disability of the Chief Financial Officer, and each Treasurer and Assistant Treasurer and each Controller and Assistant Controller shall perform other duties commonly incident to his office and shall also perform such other duties and have such other powers as the Board of Directors or the President shall designate from time to time.

Section 28 .                          Delegation of Authority.   The Board of Directors may from time to time delegate the powers or duties of any officer to any other officer or agent, notwithstanding any provision hereof.

Section 29 .                          Resignations.   Any officer may resign at any time by giving written notice to the Board of Directors or to the President or to the Secretary.  Any such resignation shall be effective when received by the person or persons to whom such notice is given, unless a later time is specified therein, in which event the resignation shall become effective at such later time.  Unless otherwise specified in such notice, the acceptance of any such resignation shall not be necessary to make it effective.  Any resignation shall be without prejudice to the rights, if any, of the Corporation under any contract with the resigning officer.

Section 30 .                          Removal.   Any officer may be removed from office at any time, either with or without cause, by the affirmative vote of a majority of the directors in office at the time, or by the unanimous written consent of the directors in office at the time, or by any committee or superior officers upon whom such power of removal may have been conferred by the Board of Directors.

                       ARTICLE VI

                               EXECUTION OF CORPORATE INSTRUMENTS AND VOTING
OF SECURITIES OWNED BY THE CORPORATION

Section 31 .                          Execution of Corporate Instrument.   The Board of Directors may, in its discretion, determine the method and designate the signatory officer or officers, or other person or persons, to execute on behalf of the Corporation any corporate instrument or document, or to sign on behalf of the Corporation the corporate name without limitation, or to enter into contracts on behalf of the Corporation, except where otherwise provided by law or these Bylaws, and such execution or signature shall be binding upon the Corporation.

Unless otherwise specifically determined by the Board of Directors or otherwise required by law, promissory notes, deeds of trust, mortgages and other evidences of indebtedness of the Corporation, and other corporate instruments or documents requiring the corporate seal, and certificates of shares of stock owned by the Corporation, shall be executed, signed or endorsed by the Chairman of the Board of Directors, or the President or any Vice President, and by the Secretary or Treasurer or any Assistant Secretary or Assistant Treasurer.  All other instruments and documents requiring the corporate signature, but not requiring the corporate seal, may be executed as aforesaid or in such other manner as may be directed by the Board of Directors.

All checks and drafts drawn on banks or other depositaries on funds to the credit of the Corporation or in special accounts of the Corporation shall be signed by such person or persons as the Board of Directors shall authorize so to do.

Unless authorized or ratified by the Board of Directors or within the agency power of an officer, no officer, agent or employee shall have any power or authority to bind the Corporation by any contract or engagement or to pledge its credit or to render it liable for any purpose or for any amount.

Section 32 .                           Voting of Securities Owned by the Corporation.   All stock and other securities of other corporations owned or held by the Corporation for itself, or for other parties in any capacity, shall be voted, and all proxies with respect thereto shall be executed, by the person authorized so to do by resolution of the Board of Directors, or, in the absence of such authorization, by the Chairman of the Board of Directors, the Chief Executive Officer, the President, or any Vice President.
 
 
 
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ARTICLE VII

SHARES OF STOCK

Section 33 .                          Form and Execution of Certificates.   Certificates for the shares of stock of the Corporation shall be in such form as is consistent with the Articles of Incorporation and applicable law.  Every holder of stock in the Corporation shall be entitled to have a certificate signed by or in the name of the Corporation by the Chairman of the Board of Directors, or the President or any Vice President and by the Treasurer or Assistant Treasurer or the Secretary or Assistant Secretary, certifying the number of shares owned by him in the Corporation.   Any or all of the signatures on the certificate may be facsimiles.  In case any officer, transfer agent, or registrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer agent, or registrar before such certificate is issued, it may be issued with the same effect as if he were such officer, transfer agent, or registrar at the date of issue.  Each certificate shall state upon the face or back thereof, in full or in summary, all of the powers, designations, preferences, and rights, and the limitations or restrictions of the shares authorized to be issued or shall, except as otherwise required by law, set forth on the face or back a statement that the Corporation will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative, participating, optional, or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights.  Within a reasonable time after the issuance or transfer of uncertificated stock, the Corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to this section or otherwise required by law or with respect to this section a statement that the Corporation will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative participating, optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights.  Except as otherwise expressly provided by law, the rights and obligations of the holders of certificates representing stock of the same class and series shall be identical.

Section 34 .                          Lost Certificates.   A new certificate or certificates shall be issued in place of any certificate or certificates theretofore issued by the Corporation alleged to have been lost, stolen, or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost, stolen, or destroyed.  The Corporation may require, as a condition precedent to the issuance of a new certificate or certificates, the owner of such lost, stolen, or destroyed certificate or certificates, or his legal representative, to advertise the same in such manner as it shall require or to give the Corporation a surety bond in such form and amount as it may direct as indemnity against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost, stolen, or destroyed.

Section 35 .                         Transfers.

(a)           Transfers of record of shares of stock of the Corporation shall be made only upon its books by the holders thereof, in person or by attorney duly authorized, and upon the surrender of a properly endorsed certificate or certificates for a like number of shares.

(b)           The Corporation shall have power to enter into and perform any agreement with any number of stockholders of any one or more classes of stock of the Corporation to restrict the transfer of shares of stock of the Corporation of any one or more classes owned by such stockholders in any manner not prohibited by the Nevada Revised Statutes.

Section 36 .                         Fixing Record Dates.

(a)           In order that the Corporation may determine the stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournment thereof, the Board of Directors may fix, in advance, a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which record date shall not be more than sixty (60) nor less than ten (10) days before the date of such meeting.  If no record date is fixed by the Board of Directors, the record date for determining stockholders entitled to notice of or to vote at a meeting of stockholders shall be at the close of business on the day next preceding the day on which notice is given, or if notice is waived, at the close of business on the day next preceding the day on which the meeting is held.  A determination of stockholders of record entitled to notice of or to vote at a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board of Directors may fix a new record date for the adjourned meeting.
 
 
 
 
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(b)           In order that the Corporation may determine the stockholders entitled to receive payment of any dividend or other distribution or allotment of any rights or the stockholders entitled to exercise any rights in respect of any change, conversion or exchange of stock, or for the purpose of any other lawful action, the Board of Directors may fix, in advance, a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted, and which record date shall be not more than sixty (60) days prior to such action.  If no record date is filed, the record date for determining stockholders for any such purpose shall be at the close of business on the day on which the Board of Directors adopts the resolution relating thereto.

Section 37 .  Registered Stockholders.   The Corporation shall be entitled to recognize the exclusive right of a person registered on its books as the owner of shares to receive dividends, and to vote as such owner, and shall not be bound to recognize any equitable or other claim to or interest in such share or shares on the part of any other person whether or not it shall have express or other notice thereof, except as otherwise provided by the laws of Nevada.

ARTICLE VIII

OTHER SECURITIES OF THE CORPORATION

Section 38 .  Execution of Other Securities.   All bonds, debentures and other corporate securities of the Corporation, other than stock certificates (covered in Section 33), may be signed by the Chairman of the Board of Directors, the President or any Vice President, or such other person as may be authorized by the Board of Directors, and the corporate seal impressed thereon or a facsimile of such seal imprinted thereon and attested by the signature of the Secretary or an Assistant Secretary, or the Chief Financial Officer or Treasurer or an Assistant Treasurer; provided, however, that where any such bond, debenture or other corporate security shall be authenticated by the manual signature, or where permissible facsimile signature, of a trustee under an indenture pursuant to which such bond, debenture or other corporate security shall be issued, the signatures of the persons signing and attesting the corporate seal on such bond, debenture or other corporate security may be the imprinted facsimile of the signatures of such persons.  Interest coupons appertaining to any such bond, debenture or other corporate security, authenticated by a trustee as aforesaid, shall be signed by the Treasurer or an Assistant Treasurer of the Corporation or such other person as may be authorized by the Board of Directors, or bear imprinted thereon the facsimile signature of such person.  In case any officer who shall have signed or attested any bond, debenture or other corporate security, or whose facsimile signature shall appear thereon or on any such interest coupon, shall have ceased to be such officer before the bond, debenture or other corporate security so signed or attested shall have been delivered, such bond, debenture or other corporate security nevertheless may be adopted by the Corporation and issued and delivered as though the person who signed the same or whose facsimile signature shall have been used thereon had not ceased to be such officer of the Corporation.

ARTICLE IX

DIVIDENDS

Section 39 .  Declaration of Dividends.    Dividends upon the capital stock of the Corporation, subject to the provisions of the Articles of Incorporation, if any, may be declared by the Board of Directors pursuant to law at any regular or special meeting.  Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the Articles of Incorporation.

Section 40 .  Dividend Reserve.    Before payment of any dividend, there may be set aside out of any funds of the Corporation available for dividends such sum or sums as the Board of Directors from time to time, in their absolute discretion, think proper as a reserve or reserves to meet contingencies, or for equalizing dividends, or for repairing or maintaining any property of the Corporation, or for such other purpose as the Board of Directors shall think conducive to the interests of the Corporation, and the Board of Directors may modify or abolish any such reserve in the manner in which it was created.
 
 
 
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ARTICLE X

FISCAL YEAR

Section 41 .  Fiscal Year.   The fiscal year of the Corporation shall be fixed by resolution of the Board of Directors.

ARTICLE XI

INDEMNIFICATION

Section 42.  Indemnification of Directors, Executive Officers, Other Officers, Employees and Other Agents.

(a)            Directors Officers.   The Corporation shall indemnify its directors and officers to the fullest extent not prohibited by the Nevada Revised Statutes provided that the Corporation shall not be required to indemnify any director or officer in connection with any proceeding (or part thereof) initiated by such person unless (i) such indemnification is expressly required to be made by law, (ii) the proceeding was authorized by the Board of Directors of the Corporation, (iii) such indemnification is provided by the Corporation, in its sole discretion, pursuant to the powers vested in the Corporation under the Nevada Revised Statutes or (iv) such indemnification is required to be made under subsection (d).

(b)            Employees and Other Agents.   The Corporation shall have power to indemnify its employees and other agents as set forth in the Nevada Revised Statutes.

(c)            Expense.   The Corporation shall advance 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 a director or officer, of the Corporation, or is or was serving at the request of the Corporation as a director or executive officer of another corporation, partnership, joint venture, trust or other enterprise, prior to the final disposition of the proceeding, promptly following request therefor, all expenses incurred by any director or officer in connection with such proceeding upon receipt of an undertaking by or on behalf of such person to repay said mounts if it should be determined ultimately that such person is not entitled to be indemnified under this Bylaw or otherwise.

Notwithstanding the foregoing, unless otherwise determined pursuant to paragraph (e) of this Bylaw, no advance shall be made by the Corporation to an officer of the Corporation (except by reason of the fact that such officer is or was a director of the Corporation in which event this paragraph shall not apply) in any action, suit or proceeding, whether civil, criminal, administrative or investigative, if a determination is reasonably and promptly made (i) by the Board of Directors by a majority vote of a quorum consisting of directors who were not parties to the proceeding, or (ii) 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 the best interests of the Corporation.

(d)   Enforcement.   Without the necessity of entering into an express contract, all rights to indemnification and advances to directors and officers under this Bylaw shall be deemed to be contractual rights and be effective to the same extent and as if provided for in a contract between the Corporation and the director or officer.  Any right to indemnification or advances granted by this Bylaw to a director or officer shall be enforceable by or on behalf of the person holding such right in any court of competent jurisdiction if (i) the claim for indemnification or advances is denied, in whole or in part, or (ii) no disposition of such claim is made within ninety (90) days of request therefor.  The claimant in such enforcement action, if successful in whole or in part, shall be entitled to be paid also the expense of prosecuting his claim.  In connection with any claim for indemnification, the Corporation shall be entitled to raise as a defense to any such action that the claimant has not met the standard of conduct that make it permissible under the Nevada Revised Statutes
 
 
 
 
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for the Corporation to indemnify the claimant for the amount claimed.  In connection with any claim by an officer of the Corporation (except in any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that such officer is or was a director of the Corporation) for advances, the Corporation shall be entitled to raise a defense as to any such action clear and convincing evidence that such person acted in bad faith or in a manner that such person did not believe to be in or not opposed in the best interests of the Corporation, or with respect to any criminal action or proceeding that such person acted without reasonable cause to believe that his conduct was lawful.  Neither the failure of the Corporation (including its Board of Directors, independent legal counsel or its stockholders) to have made a determination prior to the commencement of such action that indemnification of the claimant is proper in the circumstances because he has met the applicable standard of conduct set forth in the Nevada Revised Statutes, nor an actual determination by the Corporation (including its Board of Directors, independent legal counsel or its stockholders) that the claimant has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that claimant has not met the applicable standard of conduct.  In any suit brought by a director or officer to enforce a right to indemnification or to an advancement of expenses hereunder, the burden of proving that the director or officer is not entitled to be indemnified, or to such advancement of expenses, under this Article XI or otherwise shall be on the Corporation.

(e)   Non-Exclusivity of Rights.   The rights conferred on any person by this Bylaw shall not be exclusive of any other right which such person may have or hereafter acquire under any statute, provision of the Articles of Incorporation, Bylaws, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in his official capacity and as to action in another capacity while holding office.  The Corporation is specifically authorized to enter into individual contracts with any or all of its directors, officers, employees or agents respecting indemnification and advances, to the fullest extent not prohibited by the Nevada Revised Statutes.

(f)   Survival of Rights.   The rights conferred on any person by this Bylaw shall continue as to a person who has ceased to be a director, officer, employee or other agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

(g)   Insurance.   To the fullest extent permitted by the Nevada Revised Statutes, the Corporation, upon approval by the Board of Directors, may purchase insurance on behalf of any person required or permitted to be indemnified pursuant to this Bylaw.

(h)   Amendments.   Any repeal or modification of this Bylaw shall only be prospective and shall not affect the rights under this Bylaw in effect at the time of the alleged occurrence of any action or omission to act that is the cause of any proceeding against any agent of the Corporation.

(i)   Saving Clause.   If this Bylaw or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Corporation shall nevertheless indemnify each director and officer to the full extent not prohibited by any applicable portion of this Bylaw that shall not have been invalidated, or by any other applicable law.

(j)   Certain Definitions.   For the purposes of this Bylaw, the following definitions shall apply:

(i)           The term "proceeding" shall be broadly construed and shall include, without limitation, the investigation, preparation, prosecution, defense, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative.

(ii)           The term "expenses" shall be broadly construed and shall include, without limitation, court costs, attorneys' fees, witness fees, fines, amounts paid in settlement or judgment and any other costs and expenses of any nature or kind incurred in connection with any proceeding.

(iii)           The term the "Corporation" shall include, in addition to the resulting Corporation, any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, and employees or agents, so that any person who is or was a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent or another corporation, partnership, joint venture, trust or other enterprise, shall stand in the same position under the provisions of this Bylaw with respect to the resulting or surviving corporation as he would have with respect to such constituent corporation if its separate existence had continued.
 
 
 
 
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(iv)           References to a "director," "executive officer," "officer," "employee," or "agent" of the Corporation shall include, without limitation, situations where such person is serving at the request of the Corporation as, respectively, a director, executive officer, officer, employee, trustee or agent of another corporation, partnership, joint venture, trust or other enterprise.

(v)           References to "other enterprises" shall include employee benefit plans; references to "fines" shall include any excise taxes assessed on a person with respect to an employee benefit plan; and references to "serving at the request of the Corporation" shall include any service as a director, officer, employee or agent of the Corporation which imposes duties on, or involves services by, such director, officer, employee, or agent with respect to an employee benefit plan, its participants, or beneficiaries; and a person who acted in good faith and in a manner he reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner "not opposed to the best interests of the Corporation" as referred to in this Bylaw.

ARTICLE XII

NOTICES

Section 43.  Notices.

(a)            Notice to Stockholders.    Whenever, under any provisions of these Bylaws, notice is required to be given to any stockholder, it shall be given in writing, timely and duly deposited in the United States mail, postage prepaid, and addressed to his last known post office address as shown by the stock record of the Corporation or its transfer agent.

(b)            Notice to Directors.   Any notice required to be given to any director may be given by the method stated in subsection (a), or by facsimile, telex or telegram, except that such notice other than one which is delivered personally shall be sent to such address as such director shall have filed in writing with the Secretary, or, in the absence of such filing, to the last known post office address of such director.

(c)            Affidavit of Mailing. An affidavit of mailing, executed by a duly authorized and competent employee of the Corporation or an agent of the Corporation or its transfer agent appointed with respect to the class of stock affected, specifying the name and address or the names and addresses of the stockholder or stockholders, or director or directors, to whom any such notice or notices was or were given, and the time and method of giving the same, shall in the absence of fraud, be prima facie evidence of the facts therein contained.

(d)            Time Notices Deemed Given.   All notices given by mail, as above provided, shall be deemed to have been given as at the time of mailing, and all notices given by facsimile, telex or telegram shall be deemed to have been given as of the sending time recorded at time of transmission.

(e)            Methods of Notice.   It shall not be necessary that the same method of giving notice be employed in respect of all directors, but one permissible method may be employed in respect of any one or more, and any other permissible method or methods may be employed in respect of any other or others.

(f)            Failure to Receive Notice. The period or limitation of time within which any stockholder may exercise any option or right, or enjoy any privilege or benefit, or be required to act, or within which any director may exercise any power or right, or enjoy any privilege, pursuant to any notice sent him in the manner above provided, shall not be affected or extended in any manner by the failure of such stockholder or such director to receive such notice.

(g)            Notice to Person with Whom Communication Is Unlawful.   Whenever notice is required to be given, under any provision of law or of the Articles of Incorporation or Bylaws of the Corporation, to any person with whom communication is unlawful, the giving of such notice to such person shall not be required and there shall be no duty to apply to any governmental authority or agency for a license or permit to give such notice to such person.  Any action or meeting which shall be taken or held without notice to any such person with whom communication is unlawful shall have the same force and effect as if such notice had been duly given.  In the event that the action taken by the Corporation is such as to require the filing of a certificate under any provision of the Nevada Revised Statutes, the certificate shall state, if such is the fact and if notice is required, that notice was given to all persons entitled to receive notice except such persons with whom communication is unlawful.
 
 
 
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(h)            Notice to Person with Undeliverable Address.   Whenever notice is required to be given, under any provision of law or the Articles of Incorporation or Bylaws of the Corporation, to any stockholder to whom (i) notice of two consecutive annual meetings, and all notices of meetings or of the taking of action by written consent without a meeting to such person during the period between such two consecutive annual meetings, or (ii) all, and at least two, payments (if sent by first class mail) of dividends or interest on securities during a twelve-month period, have been mailed addressed to such person at his address as shown on the records of the Corporation and have been returned undeliverable, the giving of such notice to such person shall not be required.  Any action or meeting which shall be taken or held without notice to such person shall have the same force and effect as if such notice had been duly given.  If any such person shall deliver to the Corporation a written notice setting forth his then current address, the requirement that notice be given to such person shall be reinstated.  In the event that the action taken by the Corporation is such as to require the filing of a certificate under any provision of the Nevada Revised Statutes, the certificate need not state that notice was not given to persons to whom notice was not required to be given pursuant to this paragraph.

ARTICLE XIII

AMENDMENTS

Section 44.  Amendments.

The Board of Director shall have the power to adopt, amend, or repeal Bylaws.


Declared as the Bylaws of Oroplata Resources, Inc. effective as of the 7th day of October, 2011.


 
Signature of Director/Officer:
 
Hilario Santos Sosa _________________

Name of Director/Officer:
HILARIO SANTOS SOSA
 
Title:
President, Secretary and Treasurer



 
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Exhibit 5.1 – Opinion of Gary R. Henrie, Attorney at Law

Gary R. Henrie
Attorney at Law
Licensed and the States of Utah and Nevada
2510 E. Sunset Rd. Unit 5-779
Las Vegas, NV  89120

May 22, 2013

Oroplata Resources, Inc.
#3-7 San Marcos
Puerto Plata, Dominican Republic

Re:     Oroplata Resources, Inc., Registration Statement on Form S-1

Ladies and Gentlemen:

I have acted as special Nevada counsel for Oroplata Resources, Inc., a Nevada corporation (the "Company"), for the purpose of issuing this opinion letter in connection with the registration statement on Form S-1 (the "Registration Statement") to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended.  The Registration Statement relates to the offering of 15,000,000 shares of the Company’s common stock by the Company’s sole officer and director.

In rendering the opinion set forth below, I have reviewed: (a) the Registration Statement; (b) the Company's Articles of Incorporation; (c) the Company's Bylaws; (d) certain minutes of the board of directors; and (e) such statutes, records and other documents as I have deemed relevant.  In my examination, I have assumed the genuineness of all signatures, the authenticity of all documents submitted to me as originals, and conformity with the originals of all documents submitted to me as copies thereof and the truthfulness of statements set forth in such documents.  In addition, I have made such other examinations of law and fact, as I have deemed relevant in order to form a basis for the opinions hereinafter expressed.

Based upon the foregoing, I am of the opinion that the 15,000,000 shares of common stock to be sold are legally issued, fully paid and non-assessable and will remain legally issued, fully paid and non-assessable in the hands of any subsequent purchaser.  This opinion is based on Nevada general corporate law, all applicable Nevada statutory provisions and reported judicial decisions interpreting these laws.

Very truly yours,


/s/ Gary R. Henrie
_______________________________________
Gary R. Henrie, Esq.



 
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Exhibit 11 – Statement re.  Computation of Per Share Earnings


Authorized number of shares
500,000,000
   
Par value per share
$    0.001
   
Number of Shares Issued and Outstanding
40,000,000
   
Net loss as at March 31, 2013
$   (3,725)
   
Loss per share
$    0.001
   
   

 
 
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Exhibit 21 – Subsidiaries of the Registrant


Oroplata Resources, Inc. has only one subsidiary:

Oroplata Exploraciones E Ingenieria, Orexi, SRL

The subsidiary was incorporated under the laws of the Dominican Republic on December 26, 2011.

It is 100% owned by its parent – Oroplata Resources, Inc.

 
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Exhibit 23.1 – Consent of Gary R. Henrie

Gary R. Henrie
Attorney at Law
Licensed and the States of Utah and Nevada
2510 E. Sunset Rd. Unit 5-779
Las Vegas, NV  89120

I hereby consent to the use of my opinion in the body of the Registration Statement   of Oroplata Resources, Inc. on Form S-1 and as an Exhibit to the Registration Statement and to all references to myself under the caption Legal Matters in the Registration Statement.

Very truly yours,


/s/ Gary R. Henrie
_____________________________________
Gary R. Henrie, Esq.


 
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Exhibit 23.2 – Consent of Goldman Accounting Services, CPA, PLLC


Oroplata Resources, Inc.
#3 – 7 San Marcos
Puerto Plata, Dominican Republic

We hereby consent to the use in this Prospectus constituting a part of this Registration Statement on Form S-1 our audit report dated May 21, 2013 relating to the financial statements of Oroplata Resources, Inc. which is contained in this Form S-1. We also consent to the reference to us under the caption Experts in this Registration Statement. Our report contains an explanatory paragraph regarding the Company’s ability to continue as a going concern.


/s/ Goldman Accounting Services CPA, PLLC

Goldman Accounting Services CPA, PLLC
Suffern, New York
May 22, 2013


 
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Exhibit 23.3 -  Consent of Ismael Martinez – Professional Geologist


ISMAEL MARTINEZ


Calle Cesar Nicolas Penson, No. 55, Edificio Camila, Apartamento C,
La Esperilla, Santo Domingo, D.N. Republica Dominicana


United States Securities and Exchange Commission
100 F Street, NE
20549

I, Ismael Martinez, Professional Engineer, do hereby consent to the filing, with the regulatory authorities referred to above, the technical report entitled “Independent Geological Mapping of the Leomary Property” dated September 2012 (the “Technical Report”), and to the written disclosure of the Technical Report and of extracts from a summary of the Technical Report in the written disclosure in any Offering Memorandum, other offering documents, Form S-1 registration statement, or an Annual Information Form of Oroplata Resources, Inc.

I hereby consent to the inclusion of my name as an expert in Oroplata Resources, Inc. Form S-1 registration statement as filed with your office.

I hereby certify that I have read the written disclosure being filed and I do not have any reason to believe that there are any misrepresentations in the information derived from the Technical Report in the written disclosure in this Form S-1 registration statement, other offering documents, or an Annual Information Form of Oroplata Resources, Inc.


Dated:   May 3, 2013

“ISMAEL MARTINEZ”                                                                            (Seal of Stamp of Qualified Person)

ISMALE MARTINEZ


 
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