UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported)
|
January
28, 2010
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Loreto Resources
Corporation
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(Exact
name of registrant as specified in its
charter)
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Nevada
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333-140148
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20-5308449
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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Av.
Pardo y Aliaga 609 Off. 802
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San
Isidro, Lima 27, Peru
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(Address
of principal executive offices)
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(Zip
Code)
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011 (511) 212-1880
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(Registrant’s
telephone number, including area
code)
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(Former
name or former address, if changed since last
report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General
Instruction A.2. below):
o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
8.01. Other Information
Forward
Stock Split with an “Ex” Date of January 29, 2009
On
January 15, 2010, the Board of Directors of Loreto Resources Corporation
(“Loreto” or, the “Company”) approved a 2-for-1 forward split (the “Forward
Split”) of the Company’s common stock, par value $0.001 per share (the “Common
Stock”), in the form of a stock dividend. The declaration date for
the Forward Split was January 15, 2010, the record date was January 25, 2010,
the payment date is January 28, 2010, the “ex” date is January 29, 2010 and the
DTC effective date will be February 3, 2010.
The
Forward Split will entitle each Loreto shareholder of record on January 25, 2010
to receive one additional share of Common Stock for each one share owned.
Additional shares issued as a result of the Forward Split will be
distributed beginning January 28, 2010. Shareholders do not need to exchange
existing stock certificates and will receive new certificates reflecting the
newly issued shares.
Business Developments
Loreto
has terminated its recent discussions to acquire certain mining properties in
Peru.
The
Company continues to look for opportunities in the Latin American region.
Loreto’s Board and Management have agreed that given the current market
environment and interest, Loreto will focus its current and future efforts
primarily on gold mining projects across the exploration and development stages.
Although Loreto has not yet
finalized decisions to pursue any particular opportunities, the Company has
begun to identify and evaluate potential prospects in Peru and
Colombia.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Loreto
Resources Corporation
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Date:
January 28, 2010
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By:
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/s/
Luis F. Saenz
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Luis
F. Saenz
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President
and Chief Executive Officer
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