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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): SEPTEMBER 29, 2006
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RADIAL ENERGY INC.
(Exact name of registrant as specified in its charter)
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NEVADA 333-113726 72-1580091
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification Number)
1313 EAST MAPLE ST.
BELLINGHAM, WA 98225
(Address of principal executive offices, including zip code)
(360) 685-4200
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.24d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.23e-4(c))
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On September 29, 2006, we entered into an amendment to the Assignment Agreement
dated June 27, 2006, by and between Pin Petroleum Partners Ltd. and us. The
amendment extended the date on which Radial Energy is obligated to pay the cash
portion of the consideration from 90 days from the date of the Assignment
Agreement, or September 25, 2006, to November 17, 2006. Other than the payment
due date, no other changes were made to the Assignment Agreement.
SIGNATURE
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.
RADIAL ENERGY, INC.
Dated: October 5, 2006 By: /s/ G. LEIGH LYONS
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G. Leigh Lyons, President, Chief
Executive Officer, and Chief Financial
Officer