UNITED STATES
                        SECURITIES AND EXCHANGE COMMISION
                             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): March 31, 2004


                               BAYMONT CORPORATION
                               -------------------
             (Exact name of registrant as specified in its charter)

          Nevada                    000-49996                   71-0867612
          ------                    ---------                  ------------
(State or other jurisdiction       (Commission                 (IRS Employer
     of incorporation)             File Number)              Identification No.)

                           200-4170 Still Creek Drive
                          Burnaby, B.C., Canada V5C 6C6
                    (Address of principal executive offices)

                                  604-299-6600
              (Registrant's telephone number, including area code)


                                 ---------------
         (Former name or former address, if changed since last report.)







Item 5.  Other Events and Regulation FD Disclosure.

         Pursuant to a Board  resolution  dated March 31, 2004,  each of the two
directors of Baymont Corporation (the "Registrant"),  returned 15,000,000 shares
of common stock of the  Registrant  to the  Registrant.  These shares  represent
83.33%  (15,000,000  of the  18,000,000  shares) of the shares Gregory Crowe and
Donald Neal  purchased from the former officer and director of the Registrant on
February 10, 2004. It is customary for a mining  exploration  company to acquire
properties   with  the   issuance  of  stock.   This  is  an  option  which  the
stockholders/directors consider not only feasible and reasonable, but one of the
only  practicable  methods for the  company to acquire  property in light of the
company's current financial  condition.  The  stockholders/directors  determined
that they would prefer to dilute their personal equity  interests in the company
now rather than have the stockholders  incur significant  dilution in the future
when,  and if, a potential  seller feels that the  directors of the company have
too significant of an equity interest.

         As  a  result  of  the  cancellation  of  the  30,000,000  shares,  the
Registrant  has 23,914,278  shares of common stock issued and  outstanding as of
the date hereof. The percent ownership of Messrs.  Crowe and Neal decreased from
33.39% to 12.54% of the issued and outstanding capital of the Registrant.

         On March 31, 2004, the Registrant  filed with the Secretary of State of
the State of Nevada the  amended  articles  of  incorporation,  and  changed the
company name from Baymont Corporation to American Goldfields Inc.






                                   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.


                                      Baymont Corporation
                                      (Registrant)

                                      By: /s/ Donald Neal
                                      Donald Neal, Chief Executive and Financial
                                      Officer, Treasurer and Secretary

Date:  March 31, 2004