3-Nov-2010
Unregistered Sale of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities Yukon Gold Corporation, Inc. (the "Company") completed the private placement of 99,320,400 Shares on November 3, 2010. The newly issued shares represent 70% of the Company's outstanding shares.
J.L. Guerra, Jr., the Chairman of the Company's Board of Directors, purchased five million shares in the offering. Joanne Hughes, the Company's Vice President of Operations and Kathy Chapman, the Company's Secretary and Chief Financial Officer, each purchased 6,400,000 shares in the offering. The gross proceeds of the offering were $248,300.
No commissions were paid in connection with the private placement.
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.
