UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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OROPLATA RESOURCES, INC.
(Exact name of Registrant as specified in its charter)
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State or other jurisdiction of incorporation or
organization
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Primary Standard Industrial Classification
Code Number
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I.R.S. Employer Identification Code Number
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NEVADA
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1000
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33-1227980
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State or other jurisdiction of incorporation or
organization
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Primary Standard Industrial Classification
Code Number
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I.R.S. Employer Identification Code Number
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NEVADA
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1000
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33-1227980
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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
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Item
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Page No.
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Glossary of Technical Terms
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iii
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Prospectus Summary
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1
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Risk Factors
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4
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Use of Proceeds
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10
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Determination of Offering Price
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10
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Dilution
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10
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Selling Security Holder
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11
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Plan of Distribution
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11
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Description of Securities to be Registered
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12
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Interests of Named Experts and Counsel
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13
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Information of the Oroplata Resources, Inc.
.
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13
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Business
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13
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Property
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16
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Legal Proceedings
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25
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Market of and Dividends on Common Equity and Related Stockholder Matters
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25
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Financial Statements
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28
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Managements Discussion and Analysis of Financial Condition and Results of Operation
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44
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Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
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45
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Directors and Executive Officers
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45
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Executive Compensation
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46
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Security Ownership of Certain Beneficial Owners and Management
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46
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Related Party Transactions and Director Independence
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47
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Disclosure of Commission Position of Indemnification for Securities Act Liabilities
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47
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Information Not Required in the Prospectus
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49
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Other Expenses of Issuance and Distribution
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49
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Indemnification of Directors and Officers
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49
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Recent Sales of Unregistered Securities
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50
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Exhibits
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50
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Undertakings
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50
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Signatures
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52
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Au
|
Means “gold”
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Ag
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Symbol for “silver”
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Agillaceous
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Containing, made of, or resembling clay; clayly.
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Albite
|
A widely distributed white feldspar that is the common rock forming plagioclase group.
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Amorphous
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Lacking definite form or lacking distinct crystalline structure.
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Argillites
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A metamorphic rock, intermediate between shale and slate, that does not possess true slatly cleavage.
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Barium
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A soft, silvery-white alkaline-earth metal, used to deoxidize copper and in various alloys.
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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”.
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Calcite
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A common crystalline form of natural calcium carbonate that is the basis constituent of limestone, marble and chalk.
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Chalcopyrite
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A yellow mineral that is an important ore of copper.
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Chlorite
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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.
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Cleavage
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The breaking of a mineral along its crystallographic planes
.
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Cu
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The symbol for “copper”.
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Deformation
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The process of folding, faulting, shearing, compression or extension of the rocks as a result of various forces of the Earth.
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Deposits
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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.
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Epidote
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A lustrous yellow, green or black mineral commonly found in metamorphic rock.
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Epithermal
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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.
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Fault zones
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A fault that is expressed as a zone of numerous small fractures
.
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Fe
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Symbol for “iron”.
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Feldspars
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Group of abundant rock forming minerals occurring principally in igneous, plutonic and some metamorphic rocks.
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Hydrothermal
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Of or pertaining to heated water, to its action, or to the products of such action.
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Illite
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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.
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Kaolinite
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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.
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Metamorphic
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A change in structure resulting from metamorphosis; resulting from high temperature.
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Mineralization
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The hydrothermal deposition of economically important metals in the formation of ore bodies or lodes
.
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Mn
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Symbol for “manganese”.
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Montmorillonite
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A group named for all clay minerals with an expanding structure and is often grayish, pale red or blue in color.
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Ore
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A naturally occurring material from which a mineral or minerals of economic value can be extracted profitably
.
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Pb
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Symbol for “lead”.
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Potassic
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Refers to a rock which contains a significant amount of potassium.
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Plagioclase
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Any of a common rock forming triclinic feldspar, consisting of mixtures of sodium and calcium aluminum silicates.
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Potassium
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A soft, silver-white, highly or explosively
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Propylic
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A univalent organic radical derived from propane.
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Pryite
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A common mineral of a pale brass-yellow color and metallic luster, chemically iron disulfide.
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Quartz-sericite
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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.
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Silicification
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To convert into or impregnated with silica.
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Trenching
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The removal of overburden to expose the underlying bedrock.
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Vein
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An occurrence of ore with an irregular development in length, width and depth usually from an intrusion of igneous rock.
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Volcaniclastic
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The arrangement of all the tons and chords of a composition in relation to a tonic.
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Zeolites
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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.
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Common Stock Outstanding Prior to the Offering
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40,000,000 shares
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Common Stock to be Outstanding Following the Offering
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40,000,000 shares
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Common Stock Offered
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15,000,000 shares
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Offering Price
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$0.003 per share
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Aggregate Offering Price
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$45
,000
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Selling Security Holder
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One (1)
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Use of Proceeds
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We will not receive any of the proceeds of the shares offered by the Selling Security Holder.
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Underwriters
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The Selling Security Holder is an underwriters, within the meaning of Section 2(a)(11) of the Securities Act.
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Plan of Distribution
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The Selling Security Holder named in the Prospectus is making this offering at a fixed price of $0.003 per share
.
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Lack of Liquidity [No Public Market]
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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.
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●
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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;
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●
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future exploration will require further funds and we might not be able to raise any funds for our exploration activities;
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●
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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;
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●
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we may not be able to complete with other mining companies, either large or small, who are in the Dominican Republic;
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●
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there is no assurance we will be able to manage our future growth; and
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●
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even thought our President is a geologist we might not be able to find other qualified individuals to work on the Leomary;
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The Offering:
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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
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Common Stock Outstanding Before and After the Offering:
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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
.
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Use of Proceeds:
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We will not receive any proceeds from the sale of the common stock by Mr. Sosa
.
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Termination Date:
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This offering will terminate nine months after this prospectus is declared effective by the SEC
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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
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Since mineral exploration is a highly speculative venture, any potential investor purchasing our stock under this offering might likely lose their entire investment.
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If we don't obtain additional financing our business may fail.
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It is impossible to evaluate the investment merits of our company because we have no operating history.
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We have no known mineral reserves on the Leomary.
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(i)
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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;
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(ii)
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Availability and costs of financing;
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(iii)
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Ongoing costs of production; and
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(iv)
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Environmental compliance regulations and restraints.
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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.
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If we cannot compete successfully with other exploration companies, our exploration program may suffer and our shareholders may lose their investment.
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Because we anticipate our future operating cost of the Leomary will increase prior to Oroplata earning revenue, we may never achieve profitability.
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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.
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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
.
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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.
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The Leomary is located in the Dominican Republic and is subject to changes in political conditions and regulations in that country.
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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.
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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.
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There is a significant cost associated with reporting under the Exchange Act which might have a financial impact upon our operations.
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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.
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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.
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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.
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●
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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
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●
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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.
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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.
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●
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Potential investors’ anticipated feeling regarding our results of operations;
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●
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Increased competition and/or variations in mineral prices;
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●
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Our ability or inability to generate future revenues; and
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●
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Market perception of the future of the mineral exploration industry.
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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.
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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.
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●
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Deliver to the customer and obtain a written receipt for giving him the disclosure document;
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Disclose certain price information regarding the penny stock;
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Disclose the amount of compensation received by the broker-dealer or any associated person of the broker dealer;
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●
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Send monthly statements to the customer with market and price information about the penny stock, and
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●
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In some circumstances, approve the purchasers account pursuant to certain standard and deliver written statements to the customer with information specified in those rules.
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(1)
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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.
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(2)
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The percentages of beneficial ownership are based on 40,000,000 shares of common stock issued and outstanding.
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(3)
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Mr. Sosa, our sole officer and director, is an underwriter to this offering.
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Expenses
(1)
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Accounting fees and bookkeeping charges
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$ 6,000
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Legal fees
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1,000
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Miscellaneous and sundry expenses
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2,500
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Registration Statement Preparation
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10,000
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SEC Registration Fee
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6
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Transfer Agent Fees
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2,000
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Total
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$
21,506
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1.
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Not engage in any stabilization activities in connection with our common stock; and
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2.
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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.
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-
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Filing of an application involves two publications in a Dominican newspaper and the annual payment of fees.
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-
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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).
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-
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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.
|
-
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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.
|
-
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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.
|
-
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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.
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1.
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Name, nationality, address, profession, identification number of the applicant or their agent or the holder of a corresponding special power.
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2.
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Name of the claim or concession.
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3.
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Location, indicating: province, municipality, section or village.
|
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4.
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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.
|
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5.
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The amount of mining hectares indicating the boundaries and the amount limited by law.
|
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6.
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Three or more personal references about the moral, technical and economic capacity of the applicant.
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7.
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Name of adjoining claims or concessions if any.
|
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8.
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Name(s) of (the) owner(s) or occupant(s) of (the) field(s) if any.
|
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9.
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The plans and drawings of an exploration area must be submitted at scales form 1:5,000 to 1:20,000, in original.
|
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10.
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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.
|
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11.
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Two (2) receipt payment to Internal Revenue Office for ten Dominican Pesos
.
|
-
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An environmental permit is not necessary to conduct geological mapping, stream sediment, sampling, line cutting or geophysical surveys.
|
-
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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.
|
-
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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.
|
Name of Claim:
|
Leomary Gold Claim
|
File Number:
|
S9-046
|
Date of acquiring Leomary
|
April 4, 2012
|
Topographic Sheet No.
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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:
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Oroplata Exploraciones E Ingenieria, Orexi S.R.L.
|
Workers - 8
Geologists - 3
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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
|
b.
|
Geomorphological analysis
|
c.
|
Sampling Methods
|
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 |
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 |
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
|
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).
|
|
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.
|
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
|
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.
|
●
|
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.
|
(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.
|
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.
|
(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.
|
(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
|
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
|
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
|
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
|
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
|
$
-
|
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
|
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
|
|
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
|
$
-
|
$
-
|
$
-
|
Name of Director
|
Age
|
Position
|
Hilario Santos Sosa
(1)
|
45
|
Chief Executive Officer, President, Chief Financial Officer, Chief Accounting Officer, Secretary Director
|
(1)
|
Mr. Sosa is deemed to be underwriter to this offering.
|
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%
|
(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.
|
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
|
(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.
|
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
|
(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.
|
OROPLATA RESOURCES, INC.
|
|||
By:
|
“Hilario Santos Sosa”
|
||
HILARIO SANTOS SOSA
|
|||
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director
|
|||
Date:
|
May 22, 2013
|
||
By:
|
“Hilario Santos Sosa”
|
||
HILARIO SANTOS SOSA
|
|||
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director
|
|||
Date:
|
May 22, 2013
|
|
Signature of Director/Officer:
|
|
“
Hilario Santos Sosa
_________________
|
Name of Director/Officer:
|
HILARIO SANTOS SOSA
|
Title:
|
President, Secretary and Treasurer
|