Attached files
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EX-32.1 - CERTIFICATION - Puebla Resources Corp. | pueb_ex321.htm |
EX-31.2 - CERTIFICATION - Puebla Resources Corp. | pueb_ex312.htm |
EX-31.1 - CERTIFICATION - Puebla Resources Corp. | pueb_ex311.htm |
EX-10.2 - PROMISSORY NOTE - Puebla Resources Corp. | pueb_ex1002.htm |
EX-10.1 - PROMISSORY NOTE - Puebla Resources Corp. | pueb_ex1001.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-Q
[X] | Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
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| For the quarterly period ended May 31, 2017 |
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[ ] | Transition Report pursuant to 13 or 15(d) of the Securities Exchange Act of 1934 |
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| For the transition period from __________ to __________ |
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| Commission File Number: 333-216651 |
Puebla Resources Corp.
(Exact name of registrant as specified in its charter)
Nevada | 37-1850314 |
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
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Apartado Postal 3-3 Pitillal, CP 48290 Jalisco, Mexico | |
(Address of principal executive offices) | |
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(702) 475-5278 | |
(Registrants telephone number) | |
_______________________________________________________________ | |
(Former name, former address and former fiscal year, if changed since last report) |
Indicated by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days [X] Yes [ ] No
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
[ ] Large accelerated filer [ ] Non-accelerated filer | [ ] Accelerated filer [X] Smaller reporting company [X] Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended
transition period for complying with any new or revised financial accounting standards provided pursuant to Section
13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No[X]
State the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date: 1,800,000 common shares as of June 26, 2017.
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [ ] No [X]
TABLE OF CONTENTS
2
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements
Our financial statements included in this Form 10-Q are as follows:
These unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended May 31, 2017 are not necessarily indicative of the results that can be expected for the full year.
3
PUEBLA RESOURCES CORP.
CONSOLIDATED BALANCE SHEETS
| May 31, |
| November 30, | ||
ASSETS | 2017 |
| 2016 | ||
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Current assets |
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Cash | $ | 605 |
| $ | 8,956 |
Total current assets |
| 605 |
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| 8,956 |
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Mineral property option - (Note 4) |
| 1,000 |
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| - |
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Total assets | $ | 1,605 |
| $ | 8,956 |
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LIABILITIES |
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Current liabilities |
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Accounts payable and accrued liabilities | $ | 7,700 |
| $ | 4,921 |
Total current liabilities |
| 7,700 |
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| 4,921 |
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Long-term liabilities |
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Note payable - related party - (Note 5) |
| 22,000 |
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| - |
Accrued interest - related party - (Note 5) |
| 629 |
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| - |
Total long-term liabilities |
| 22,629 |
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| - |
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Total liabilities |
| 30,329 |
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| 4,921 |
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STOCKHOLDERS (DEFICIT) EQUITY |
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Preferred stock, $0.001 par value 10,000,000 shares authorized, none issued as of May 31, 2017 |
| - |
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| - |
Common stock, $0.001 par value 90,000,000 shares authorized, 1,800,000 shares issued as of May 31, 2017 |
| 1,800 |
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| - |
Additional paid in capital |
| 7,200 |
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| - |
Shares to be issued |
| - |
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| 9,000 |
Accumulated deficit |
| (37,724) |
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| (4,965) |
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Total stockholders (deficit) equity |
| (28,724) |
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| 4,035 |
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Total liabilities and stockholders (deficit) equity | $ | 1,605 |
| $ | 8,956 |
SEE ACCOMPANYING NOTES THAT ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS
F-1
PUEBLA RESOURCES CORP.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
| Three Months |
| Six Months | ||
| Ended |
| Ended | ||
| May 31, |
| May 31, | ||
| 2017 |
| 2017 | ||
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Expenses |
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Accounting and audit | $ | 5,949 |
| $ | 15,549 |
Bank charges |
| 133 |
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| 357 |
Foreign exchange |
| 2 |
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| - |
Interest expense related party |
| 332 |
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| 629 |
Legal fees |
| 7,900 |
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| 8,300 |
Property exploration costs |
| 2,000 |
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| 4,000 |
Office expenses |
| 956 |
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| 1,729 |
Transfer and filing fees |
| 2,095 |
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| 2,195 |
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Net loss | $ | (19,367) |
| $ | (32,759) |
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Basic and diluted net loss per common share | $ | (0.01) |
| $ | (0.02) |
Weighted average number of common shares outstanding - basic and diluted |
| 1,800,000 |
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| 1,800,000 |
SEE ACCOMPANYING NOTES THAT ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS
F-2
PUEBLA RESOURCES CORP.
CONSOLIDATED STATEMENT OF STOCKHOLDERS DEFICIT
For the Six Months Ended May 31, 2017
(Unaudited)
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| Additional |
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| Paid In | Shares To | Accumulated |
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| Preferred Shares | Common Shares | Capital | Be Issued | Deficit | Total | ||||||||||
| Number | Amount | Number | Amount |
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Balance, December 1, 2016 | - | $ | - | - | $ | - | $ | - | $ | 9,000 | $ | (4,965) | $ | 4,035 | ||
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Issuance of common stock | - |
| - | 1,800,000 |
| 1,800 |
| 7,200 |
| (9,000) |
| - |
| - | ||
Net loss for the period | - |
| - | - |
| - |
| - |
| - |
| (32,759) |
| (32,759) | ||
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Balance, May 31, 2017 | - | $ | - | 1,800,000 | $ | 1,800 | $ | 7,200 | $ | - | $ | (37,724) | $ | (28,724) |
SEE ACCOMPANYING NOTES THAT ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS
F-3
PUEBLA RESOURCES CORP.
CONSOLIDATED STATEMENT OF CASH FLOWS
(Unaudited)
| Six Months | |
| Ended | |
| May 31, | |
| 2017 | |
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Cash flows used in operating activities |
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Net loss | $ | (32,759) |
Adjustments to reconcile net loss to net cash used in operating activities |
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Changes in operating assets and liabilities: |
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Accounts payable and accrued liabilities |
| 2,779 |
Accrued interest - related party |
| 629 |
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Net cash used in operating activities |
| (29,351) |
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Cash Flows used in Investing Activities |
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Mineral property option |
| (1,000) |
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Net cash used in investing activities |
| (1,000) |
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Cash Flows from Financing Activities |
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Proceeds from note payable - related party |
| 22,000 |
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Net cash provided by financing activities |
| 22,000 |
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Decrease in cash during the period |
| (8,351) |
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Cash, beginning of the period |
| 8,956 |
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Cash, end of the period | $ | 605 |
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Supplemental information |
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Interest and taxes paid in cash | $ | - |
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Supplemental Disclosure of non-cash transactions |
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Issuance of common stock | $ | 9,000 |
SEE ACCOMPANYING NOTES THAT ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS
F-4
PUEBLA RESOURCES CORP.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
MAY 31, 2017
(Unaudited)
Note 1
Basis of Presentation
While the information presented in the accompanying consolidated financial statements for the three and six months ended May 31, 2017 is unaudited, it includes all adjustments which are, in the opinion of management, necessary to present fairly the financial position, results of operations and cash flows for the interim period presented in accordance with the accounting principles generally accepted in the United States of America. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature. The accompanying unaudited consolidated financial statements should be read in conjunction with the Companys audited financial statements and related notes for the period from Inception November 7, 2016 to November 30, 2016 included in the Companys Form S-1.
Operating results for the three and six months ended May 31, 2017 are not necessarily indicative of the results that can be expected for the year ending November 30, 2017.
Note 2
Nature of Operations and Ability to Continue as a Going Concern
Puebla Resources Corp (Puebla) was incorporated in the state of Nevada, United States of America on November 7, 2016. PRC Exploration LLC (PRC), a wholly-owned subsidiary of Puebla, was incorporated in Nevada on November 7, 2016. In the financial statements, the Company refers to Puebla and PRC. The Company was formed for the purpose of acquiring and developing mineral properties. The Companys year-end is November 30.
These 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 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. The Company has yet to achieve profitable operations, has an accumulated deficit of $37,724 and expects to incur further losses in the development of its business, all of which raises substantial doubt about the Companys ability to continue as a going concern. The Companys ability to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing from shareholders or other sources to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has no formal plan in place to address this concern but considers that the Company will be able to obtain additional funds by equity financing and/or related party advances, however, there is no assurance of additional funding being available or on acceptable terms, if at all. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the company cannot continue in existence.
Note 3
Fair Value Measures
The carrying value of the Companys financial assets and liabilities, which consist of cash, accounts payable and accrued liabilities approximate their fair value due to the short nature of such instruments. The carrying value of the note payable - related party and the accrued interest thereon approximated its fair value as of May 31, 2017 as the interest rate approximated market.
F-5
PUEBLA RESOURCES CORP.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
MAY 31, 2017
(Unaudited)
Note 4
Mineral Property
a)
Copau and Copau 2 Property
On December 12, 2016, the Company entered into a property option agreement whereby it was granted an option to earn up to a 40% interest in both the Copau and Copau 2 mineral claims, (the Copau Property).
On December 16, 2016, subsequent to performing additional due diligence on the Copau property, the Company and the option holder mutually agreed to the cancellation of the property option agreement. On January 10, 2017, the $15,000 paid upon signing the agreement, was returned to the Company.
b)
Goldstar Property
On January 10, 2017, the Company entered into a property option agreement whereby the Company was granted an option to earn a 100% interest in the Goldstar mineral claim, (the Goldstar Property). The Goldstar Property is located in the Vernon Mining Division of the Province of British Columbia, Canada, and comprises 443 hectares. The Goldstar Property is subject to a 2% Net Smelter Royalty.
In order to earn the 100% interest in the Goldstar Property, the Company must incur $1,000 upon signing the agreement (paid) and $75,000 of aggregate exploration expenditures, which are to be incurred, on the Goldstar Property on or before December 31, 2022. As of the date of this filing, the Company has incurred $4,000 of exploration expenditures.
Note 5
Note payable - related party
On December 8, 2016, the Companys President loaned $22,000 to the Company and the Company issued a promissory note for such amount. The promissory note is unsecured, bears interest at 6% per annum, and matures on December 31, 2019.
During the three and six months ended May 31, 2017, the Company incurred interest expense of $332 and $629 pursuant to this note payable. Total accrued interest on this note as of May 31, 2017 was $629 (November 30, 2016 - $nil).
Note 6
Capital Stock
Authorized
10,000,000
Preferred stock of par value $0.001, currently have no rights or restrictions assigned.
90,000,000
Common shares of par value $0.001, voting and participating shares.
Issued
On November 28, 2016, the Company received and accepted a subscription to purchase 1,800,000 common shares at $0.005 per share for aggregate proceeds of $9,000 from the Companys president. The shares were issued on March 10, 2017. Prior to the issuance of the shares of common stock the proceeds were classified as shares to be issued.
F-6
PUEBLA RESOURCES CORP.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
MAY 31, 2017
(Unaudited)
Note 7
Income Taxes
The Company recorded no income tax expense for the three and six months ended May 31, 2017, because the estimated annual effective tax rate as zero. As of May 31, 2017, the Company continues to provide a valuation allowance against its net deferred tax assets since the Company believes it is more likely than not that its deferred tax assets will not be realized.
Note 8
Subsequent Event
On June 6, 2017, the Companys President loaned $10,000 to the Company and the Company issued a promissory note for such amount. The promissory note is unsecured, bears interest at 6% per annum, and matures on December 31, 2019.
F-7
Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations
Forward-Looking Statements
Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are forward-looking statements. These forward-looking statements generally are identified by the words believes, project, expects, anticipates, estimates, intends, strategy, plan, may, will, would, will be, will continue, will likely result, and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.
Managements Discussion and Analysis of Financial Condition and Results of Operations
We are an exploration stage mineral exploration company incorporated in Nevada on November 7, 2016. On November 7, 2016, we incorporated a wholly-owned subsidiary, PRC Exploration LLC in the state of Nevada. On January 1, 2017, our consulting geologist introduced us to an attractive mineral property. We acquired an option on that property whereupon we can acquire 100% legal and beneficial ownership interest in the Goldstar Mineral Property (hereafter the Mineral Property). The Mineral Property is located in the Vernon Mining District located in the south-central part of the Province of British Columbia, Canada. It is located on provincial lands administered by the Province of British Columbia. The legal and ownership rights on the claim are limited to the exploration and extraction of mineral deposits subject to applicable regulations. The Mineral Property totals roughly 1,120 acres or 1.75 square miles in size and is located approximately 9 miles northeast of the community of the town of Lumby, British Columbia
We have no proven or probable reserves of commercially viable mineral deposits on our Mineral Claim. Our ongoing exploration activities may include numerous costly exploration phases and we may never find commercially viable mineral deposits on our Mineral Claim. Were we to locate sizable mineral deposits on our Mineral Claim, we would commission an economic feasibility study prior to our development of the mineral deposit. The development of a viable mineral deposit could cost millions of dollars.
The Mineral Property comprises a rectangular shaped block of land of approximately 1.0 miles long by 0.75 miles wide and is underlain by volcanic and sedimentary rocks belonging to the Nicola Group of Upper Triassic and Lower Jurassic age. The Goldstar property has produced consistently high gold values from stream silt samples, with placer gold production reported from Putnam Creek, which is within our mineral claim area.
Our business plan is to proceed with the exploration of our Mineral Claim to determine whether there are commercially exploitable reserves of minerals. We intend to proceed with an initial exploration program as recommended by our consulting geologist. Our consulting geologist has recommended a modest program consisting of basic prospecting techniques and geochemical sampling. From the results of this program follow-up exploration can be planned for later in the same year or the following season.
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The budget for our initial exploration program is as follows:
Initial Exploration Budget
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Camp Charges |
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| Units | Cost / Unit | Cost |
| Geologist | Days | 5 | $460 | $2,300 |
| Geo Assistant | Days | 5 | $200 | $1,000 |
| Per diem Costs | Days | 10 | $200 | $2,000 |
| Truck Rental | Miles | 900 | $1 | $900 |
| Field Supplies |
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| $400 | $400 |
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| Subtotal | $6,600 |
Geochemical |
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| Rock Samples |
| 25 | $50 | $1,250 |
| Soil Samples |
| 100 | $25 | $2,500 |
| Report |
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| $1,500 |
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| Subtotal | $5,250 |
Miscellaneous |
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| Management fee | 15% |
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| $750 |
| Contingency | 10% |
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| $500 |
| Canadian Taxes | 5% |
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| $600 |
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| Subtotal | $1,850 |
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| Total | $13,700 |
Our overall operating budget for the fiscal year ending November 30 2017 consists of planned expenditures for our initial mineral exploration program, as described above, and for necessary legal and accounting expenses.
Managements estimate of our planned expenditures by category and by quarter for the next fiscal year are set forth below:
| Fiscal Year Ending November 30, 2017 |
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| Q1 | Q2 | Q3 | Q4 | Category Totals |
Expense Category |
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Mining Exploration | $3,000 | $2,000 | $0 | $0 | $5,000 |
Legal, Accounting | $2,000 | $2,000 | $2,000 | $2,000 | $8,000 |
Totals | $5,000 | $4,000 | $2,000 | $2,000 | $13,000 |
We have not identified commercially exploitable reserves of minerals on our Mineral Claim to date. We are an exploration stage company and there is no assurance that commercially viable minerals quantities exist on our Mineral Claim.
Results of Operations for the three and six months ended May 31, 2017.
We have not earned any revenues since the inception of our current business operations. We incurred expenses and a net loss in the amount of $19,367 for the three months ended May 31, 2017. Our expenses consisted of audit and accounting fees of $5,949, bank charges of $133, a $2 loss on foreign exchange, legal fees of $7,900, office expenses of $956, exploration cost of $2,000, transfer and filing fees of $2,095, and interest expense of $332. We incurred expenses and a net loss in the amount of $32,759 for the six months ended May 31, 2017. Our expenses for the six-month period consisted of audit and accounting fees of $15,549, bank charges of $357, legal fees of $8,300, office expenses of $1,729, exploration costs of $4,000, transfer and filing fees of $2,195, and interest expense of $629.
Our losses are attributable to operating expenses together with a lack of any revenues. We anticipate that our legal and accounting expenses will decline over the remainder of the year, while our exploration expenses will likely increase following the completion of our public offering and the initiation of exploration of our Mineral Claim.
5
Liquidity and Capital Resources
As of May 31, 2017, we had total current assets of $605, consisting of cash in the amount of $605, and current liabilities of $7,700, resulting in working capital of ($7,095).
On December 8, 2016, our sole officer and director loaned the Company $22,000, which is evidenced by a Promissory Note, in the amount of $22,000 with interest accruing on the principal amount at 6% per annum and due on December 31, 2019. On June 6, 2017, subsequent to the end of the current reporting period, our sole officer and director also loaned the Company an additional $10,000, which is evidenced by a Promissory Note in the amount of $10,000 with interest accruing on the principal amount at 6% per annum and due on December 31, 2019
Our sole officer and Director, Mr. Alejandro Vargas, has offered to fund our basic legal and accounting compliance expenses through additional infusions of equity or debt capital on an as-needed basis, although he is under no legal obligation to provide funding. This offer is not the subject of a formal written agreement with us, and there are no specific limits as to time or dollar amount.
We expect to spend approximately $11,000 toward the initial implementation of our business plan over the course of the fiscal year ending November 30, 2017. Consequently, we plan to raise more money to complete our initial exploration program.
Beyond the current fiscal year, we will also require significant additional capital to conduct additional phases of exploration on the Mineral Claim, and, if warranted by the geological results, to undertake commercial mineral production on our mineral claims following completion of exploration activities. We do not have any formal commitments or arrangements for the sales of stock or the advancement or loan of funds at this time. There can be no assurance that such additional financing will be available to us on acceptable terms, or at all.
Going Concern
As discussed in the notes to our financial statements, we have no established source of revenue. This has raised substantial doubt for our auditors about our ability to continue as a going concern. Without realization of additional capital, it would be unlikely for us to continue as a going concern.
Our activities to date have been supported by equity financing. Management continues to seek funding from shareholders and other qualified investors to pursue its business plan.
Off Balance Sheet Arrangements
As of May 31, 2017, there were no off balance sheet arrangements.
Critical Accounting Policies
In December 2001, the SEC requested that all registrants list their most critical accounting polices in the Management Discussion and Analysis. The SEC indicated that a critical accounting policy is one which is both important to the portrayal of a companys financial condition and results, and requires managements most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Currently, we do not believe that any accounting policies fit this definition.
Recently Issued Accounting Pronouncements
We do not expect the adoption of recently issued accounting pronouncements to have a significant impact on our results of operations, financial position or cash flow.
Item 3. Quantitative and Qualitative Disclosures About Market Risk
A smaller reporting company is not required to provide the information required by this Item.
6
Item 4. Controls and Procedures
We carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)). This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, Mr. Alejandro Vargas. Based upon this evaluation, we have determined that, as of May 31, 2017, our disclosure controls and procedures are not effective. There have been no changes in our internal controls over financial reporting during the quarter ended May 31, 2017.
Management determined that the material weaknesses that resulted in controls being ineffective are primarily due to lack of resources and number of employees. Material weaknesses exist in the segregation of duties required for effective controls and various reconciliation and control procedures not regularly performed due to the lack of staff and resources.
Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act are recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.
Limitations on the Effectiveness of Internal Controls
Our management does not expect that our disclosure controls and procedures or our internal control over financial reporting will necessarily prevent all fraud and material error. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the internal control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, control may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.
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PART II - OTHER INFORMATION
Item 1. Legal Proceedings
We are not a party to any pending legal proceeding. We are not aware of any pending legal proceeding to which any of our officers, directors, or any beneficial holders of 5% or more of our voting securities are adverse to us or have a material interest adverse to us.
Item 1A. Risk Factors
A smaller reporting company is not required to provide the information required by this Item.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
None.
Item 3. Defaults upon Senior Securities
None
Item 4. Mine Safety Disclosures
Not applicable.
Item 5. Other Information
None.
Item 6. Exhibits
Exhibit Number | Description of Exhibit |
Promissory Note in the amount of $22,000 due December 31, 2019 | |
Promissory Note in the amount of $10,000 due December 31, 2019 | |
Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |
Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |
Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |
101 | Materials from the Companys Quarterly Report on Form 10-Q for the quarter ended May 31,2017 formatted in Extensible Business Reporting Language (XBRL). |
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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 thereunto duly authorized.
| Puebla Resources Corp. |
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Date: | June 28, 2017 |
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By: | /s/ Alejandro Vargas Alejandro Vargas |
Title: | Chief Executive Officer, Principal Executive Officer, Chief Financial Officer and Principal Accounting Officer |
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