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: August 2, 2005
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BRAVO RESOURCE PARTNERS LTD.
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(Name of Small Business Issuer in its charter)
Yukon, British Columbia 0-30770 04-3779327
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(State of incorporation) Commission File No. (IRS Employer
Identification No.)
4155 East Jewell, Suite 500
Denver, Colorado 80222
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(Address of Principal Executive Office) Zip Code
Registrant's telephone number, including Area Code: (303) 831-8833
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Item 1.01 Entry into a Material Definitive Agreement.
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On August 1, 2005, Bravo Resource Partners Ltd. ("the Company") entered into a
variable-amount, limited-recourse.promissory note with The Bridge Group, Inc., a
Nevada corporation. Pursuant to the terms of the promissory note, The Bridge
Group, Inc., will advance amounts agreed to by the parties, with no interest,
and with principle payable in full on or before 180 days from the date of
written demand from The Bridge Group, Inc., to the Company. The Bridge Group,
Inc., has previously engaged in a stock purchase with the Company and has agreed
to provide consulting services to the Company in exchange for shares of common
stock.
On August 1, 2005, the Company also entered into a variable-amount,
limited-recourse.promissory note with Alpine Pictures, Inc., a California
corporation. Pursuant to the terms of the promissory note, Alpine Pictures,
Inc., will advance amounts agreed to by the parties, with no interest, and with
principle payable in full on or before 180 days from the date of written demand
from Alpine Pictures, Inc., to the Company. The Company has previously entered
into an asset purchase agreement with Alpine Pictures, Inc., for the purchase of
graphics and editing equipment for which the Company executed promissory note.
Mark Savoy, a director of the Company, is also a director of Alpine Pictures,
Inc.
As of August 1, 2005, Alpine Pictures, has advanced $15,000.00 US pursuant to
the terms of the promissory note.
Item 2.03 Creation of a Direct Financial Obligation.
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The information set forth in Item 1.01 of this Form 8-K is incorporated herein
by reference. Copies of the foregoing promissory notes are filed herewith.
Item 9.01 Financial Statements and Exhibits.
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(a) Financial statements of business acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits
10.1 Promissory Note dated August 1, 2005 between Alpine Pictures,
Inc., and Bravo Resource Partners, Ltd.
10.2 Promissory Note dated August 1, 2005 between The Bridge Group
Inc., and Bravo Resource Partners, Ltd.
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.
Dated: August 2, 2005
BRAVO RESOURCE PARTNERS, LTD.
By: /s/ Ernest E. Staggs
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Ernest E. Staggs
Director