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 (Date of earliest event reported): June 23, 2011
VIKING MINERALS INC.
(Exact name of registrant as specified in its charter)
Nevada 333-139482 98-0492900
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification Number)
7558 W. Thunderbird Ste. 486
Peoria, AZ, 85381
(Address of principal executive offices)
602-885-9792
(Telephone)
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 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT.
AMENDMENT TO THE SUNDANCE AGREEMENT DATED JANUARY 10, 2011
As previously disclosed by the Company, on January 10, 2011, the Company entered
into an option agreement (the "Agreement") with Sundance Gold Ltd. ("Sundance")
for the purchase of 20 mineral claims in the State of Nevada covering
approximately 200 acres known as the Dolly Varden claims.
Under the terms of the agreement, the Company paid Sundance $25,000 upon signing
of the Agreement, and will issue to Sundance 20,000,000 shares of its common
stock within two years of the signing of the Agreement. In return, Viking was
granted the right to earn 70% of the Dolly Varden claims by conducting a
$2,000,000 work program on the Dolly Varden claims over a period of two years
from the date of the Agreement, of which $500,000 must be spent in the first six
months from the date of the Agreement (the "Initial Funding"). Sundance will
retain a 5% Net Smelter Return.
On June 23, 2011, the Company and Sundance agreed to a 6 month extension to the
Initial Funding of $500,000. No other terms of the agreement have been changed
or modified.
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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.
VIKING MINERALS INC.
Date: June 27, 2011 By: /s/ Charles Irizarry.
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Charles Irizarry.
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