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


       August 31, 2005                    333-101960
   Date of Report (Date of          Commission File Number
  earliest event reported)


                YUKON GOLD CORPORATION, INC.
   (Exact name of registrant as specified in its charter)


          Delaware                        98-0413063
(State or other jurisdiction           (I.R.S. Employer
     of incorporation or           Identification Number)
        organization)


                       347 Bay Street
                         Suite 408
                  Toronto, Ontario M5H 2R7
    (Address of Principal Executive Offices) (Zip Code)


                       (416) 865-9790
    (Registrant's telephone number, including area code)




Item 3.02 Unregistered Sales of Equity Securities

On  August  29,  2005,  the Company completed  the  sale  of
369,215 Units to a Bahamian corporation and 149,867 Units to
a  Director of the Company.  Each Unit was priced  at  $0.55
per  Unit  and consisted of one common share and  one  half-
share  purchase  warrant.  Each full-share purchase  warrant
entitles  the holder to purchase one common share for  $1.00
per  share  for a period of two years following the  closing
date.

The  sale  to the Bahamian corporation was in payment  of  a
promissory  note in the amount of $200,000 plus interest  of
$3,068.25.

On  August 31, 2005, the Company accepted subscriptions from
four  accredited  investors and one accredited  corporation,
all residents of Canada, for a total of 200,000 Units priced
at  $0.55  per  Unit  for a total of  $110,000.   Each  Unit
consists  of  one  common share and one half-share  purchase
warrant.   Each  full-share purchase  warrant  entitles  the
holder to purchase one common share at $1.00 per share for a
period of two years following the closing.

Each  of the foregoing private placements were made pursuant
to  an exemption from registration under the Securities  Act
of 1933 afforded by Regulation S.

Item 9.01            Financial Statements and Exhibits.

     Exhibits

     None.




                         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.


                          YUKON GOLD CORPORATION, INC.


Date: August 31, 2005     By:  /s/W. Warren Holmes
                          Name:   W. Warren Holmes
                          Title:  Chairman and CEO