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 Act of 1934, as amended.
Date of Report (Date of earliest event reported): July 14, 2009
NORTHERN EXPLORATIONS, LTD.
(Exact name of registrant as specified in its charter)
Nevada 333-125068 26-3633813
(State of Incorporation) (Commission File No.) (IRS Employer ID No.)
8655 East Via de Ventura, Suite G200
Scottsdale, Arizona 85258
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (480) 346-1535
Copies of all communications, including all communications sent to
the agent for service of process, should be sent to:
Blair Krueger, Esq., Attorney at Law
The Krueger Group, LLP
5771 La Jolla Boulevard
La Jolla, California 92037
Telephone: (858) 405-7385
Facsimile: (858) 456-2540
blair@thekruegergroup.com
ALL STATEMENTS CONTAINED IN THIS CURRENT REPORT OR IN THE EXHIBITS FURNISHED
WITH THIS CURRENT REPORT, OTHER THAN STATEMENTS OF HISTORICAL FACT, ARE
FORWARD-LOOKING STATEMENTS. THESE STATEMENTS SPEAK ONLY AS OF THE DATE OF THIS
CURRENT REPORT AND ARE BASED ON OUR CURRENT PLANS AND EXPECTATIONS, AND THEY
INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL FUTURE EVENTS OR RESULTS
TO BE DIFFERENT THAN THOSE DESCRIBED IN OR IMPLIED BY SUCH FORWARD-LOOKING
STATEMENTS. THESE RISKS AND UNCERTAINTIES INCLUDE THOSE RELATING TO: OUR
RELATIONSHIPS WITH STRATEGIC PARTNERS; DIFFICULTIES IN INTEGRATING ACQUIRED
BUSINESSES; CHANGES IN ECONOMIC, POLITICAL OR REGULATORY CONDITIONS OR OTHER
TRENDS; AND OUR ABILITY TO ATTRACT AND RETAIN QUALIFIED PERSONNEL. FURTHER
INFORMATION ABOUT THESE MATTERS CAN BE FOUND IN OUR SECURITIES AND EXCHANGE
COMMISSION FILINGS. EXCEPT AS REQUIRED BY APPLICABLE LAWS OR REGULATIONS, WE DO
NOT UNDERTAKE ANY OBLIGATION TO UPDATE OUR FORWARD-LOOKING STATEMENTS TO REFLECT
FUTURE EVENTS OR CIRCUMSTANCES.
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On July 14, 2009, Northern Explorations, Ltd., a Nevada corporation
("Northern"), and Dominus Energy, AG, a Switzerland corporation ("Dominus"),
entered into a Farm-in Agreement by which Northern acquired from Dominus Ten
Percent (10%) of Dominus' Thirty Five Percent (35%) participatory interest in
Archer's oil and gas interests totaling 638 net acres in the Randall Island
Prospect (the "Agreement"). Under the Agreement, Northern is obligated to pay
Dominus the amount of $475,000 as memorialized in a promissory note which
matures and becomes due and payable on July 13, 2011. A copy of the Agreement is
filed as Exhibit 2.1 to this Current Report, and is expressly incorporated
herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits. The following exhibits are or will be filed herewith:
Exhibit
Number Description
- ------ -----------
10.1 Farm-In Agreement for Farm-In to Randall Island Prospect
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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 thereunto duly authorized.
NORTHERN EXPLORATIONS, LTD.
Dated: July 17, 2009 By: /s/ Mark Schaftlein
---------------------------------
Mark Schaftlein
Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
- ------ -----------
10.1 Farm-In Agreement for Farm-In to Randall Island Prospect