UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended November 30, 2001
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 0-25489
NEVADA STAR RESOURCE CORP.
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Yukon Territory Canada 91-0239195
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(State of other jurisdiction of incorporation (I.R.S. Employer
or organization) Identification No.)
10735 Stone Avenue North
Seattle, WA 98133
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(Address of principal executive offices) (Zip Code)
(206) 367-2525
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(Issuer's telephone number, including area code)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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 at least the past 90 days. Yes (X) No ()
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date. 30,508,470
Transitional Small Business Disclosure Format (check one);
Yes ( ) No (X)
NEVADA STAR RESOURCE CORP.
FORM 10-QSB
FOR THE QUARTERLY PERIOD ENDED NOVEMBER 30, 2001
PART I. - FINANCIAL INFORMATION
The Registrant falls within the provisions of Rule 13a-13(c)(2) of the
Securities Exchange Act of 1934, as amended, and claims exemption thereunder
from the requirement to file Part I.
PART II OTHER INFORMATION
Items Omitted Not Applicable.
Item 5 Other Information
The Board of Directors has signed a share purchase and sale agreement with
M.A.N. Resources, Inc. ("MAN"), of Seattle, Washington to acquire all of the
issued and outstanding shares of MAN in exchange for shares of Nevada Star. MAN
holds a 100% interest in and to the Ni-Cu-PGE Eureka Creek and Tangle Lakes
Project located approximately halfway between Anchorage and Fairbanks Alaska.
The terms of the share purchase and sale agreement require Nevada Star to issue
25 million shares of its common stock at a deemed price of $CDN 0.10 per share
to the shareholders of MAN. The number of shares to be issued as consideration
for the MAN shares is based on MAN's actual out of pocket expenditures made on
the Eureka Creek and Tangle Lakes Project. MAN is currently controlled by
certain officers and directors of Nevada Star. The share purchase and sale
agreement is subject to acceptance for filing by the Canadian Venture Exchange.
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.
NEVADA STAR RESOURCE CORP.
BY: /s/ Monty D. Moore Date: January 15, 2002
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Monty D. Moore,
President and Principal
Financial Officer