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
October 31, 2008
Date of Report (Date of earliest event reported)
NORTHERN EXPLORATIONS LTD.
(Exact name of registrant as specified in its charter)
Nevada 333-125068 n/a
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
8655 East Via De Ventura, Suite G200
Scottsdale, Arizona 85258
(Address of principal executive offices) (Zip Code)
(480) 346-1535
Registrant's telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] 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 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective on October 31, 2008, the Board of Directors (the "Board") of Northern
Explorations Ltd., a Nevada corporation (the "Company") approved an engagement
letter dated October 21, 2008 (the "Engagement Letter") with Dominus Energy AG
("Dominus"). In accordance with the terms and provisions of the Engagement
Letter, the Company and Dominus will enter into a formal agreement pursuant to
which Dominus will introduce to the Company certain energy and petroleum
opportunities and projects located in North America to participate in either for
purchase, farm-in, joint venture and or variable interest holder.
SECTION 7 - REGULATION FD
ITEM 7.01 REGULATION FD DISCLOSURE
On October 31, 2008, the Board approved a change in the corporate name from
"Northern Explorations Ltd." to "Crossbow Oil and Gas Inc." The Board determined
that it would be in the best interests of the Company and its shareholders to
change the corporate name to better reflect the Company's future plans to focus
on the oil and gas sector. The name has been reserved with the Nevada Secretary
of State. The Company intends to file an Information Statement under Section
14(c) of the Securities Exchange Act of 1934. It is anticipated that the
Information Statement will be distributed to the shareholders of the Company
within approximately ten days.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(A) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED.
Not applicable.
(B) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(C) SHELL COMPANY TRANSACTION.
Not applicable.
(D) EXHIBITS.
Not applicable.
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.
NORTHERN EXPLORATIONS LTD.
DATE: October 31, 2008
/s/ David Naylor
---------------------------------
Name: David Naylor
Title: President/Chief Executive Officer