UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC File Number: 000-51197
CUSIP Number: 85528Y 10 9
Check One: |_| Form 10-K |_| Form 20-F |_| Form 11-K |X| Form 10-Q
|_| Form N-SAR |_| Form N-CSR
For the period ended: June 30, 2007
|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form NSAR
For the transition period ended: Not Applicable
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Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: Not Applicable
PART I - REGISTRANT INFORMATION
Full Name of Registrant: Stargold Mines, Inc.
Former Name if Applicable: N/A
Address of Principal Executive Office: 1840 Gateway Drive, Suite 200, San Mateo,
California 94404
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
| (a) The reason described in reasonable detail in Part III of this
| form could not be eliminated without unreasonable effort or expense
|
| (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or
| portion thereof, will be filed on or before the fifteenth calendar
|X| | day following the prescribed due date; or the subject quarterly
| report or transition report on Form 10-Q or subject distribution
| report on Form 10-D, or portion thereof, will be filed on or before
| the fifth calendar day following the prescribed due date; and
|
| (c) The accountant's statement or other exhibit required by Rule
| 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 20-F, 11-K,
10-Q, or N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
Stargold Mines, Inc. (the "Company") could not complete the filing of its
Quarterly Report on Form 10-QSB for the fiscal quarter ended June 30, 2007 due
to a delay in obtaining and compiling information required to be included in the
Company's Form 10-QSB, which delay could not be eliminated by the Company
without unreasonable effort and expense. In accordance with Rule 12b-25 of the
Securities Exchange Act of 1934, the Company will file its Form 10-QSB no later
than the fifth calendar day following the prescribed due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Marcus Segal (650) 378-1214
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 for Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If answer is no,
identify report(s). Yes |X| No |_|
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal years will be reflected by the
earning statements to be included in the subject report or portion thereof?
Yes |X| No |_|
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
Explanation Referred to in Part IV, Item (3) of Form 12b-25:
Stargold Mines, Inc. (the "Company"), formerly Sockeye Seafood Group Inc.,
(Sockeye Seafood Group Inc. merged with its wholly-owned subsidiary Stargold
Mines, Inc. on November 23, 2006 and changed its name to Stargold Mines, Inc.).
The Company is considered a development stage company in accordance with
Statement of Financial Accounting Standards ("SFAS") No. 7 "Accounting and
Reporting by Development Stage Enterprises."
Stargold Mines is currently working on acquiring licenses to develop and extract
natural resources in the Siberian and Far Eastern Districts of Russia. The
Company's operations have been limited to research on identifying potential
acquisition targets and performing due diligence necessary to determine the
potential economic viability of several potential mining sites. The capital
requirements necessary to complete this work differ significantly from those
required of a seafood marketing company whose business took place entirely in
the United States through established partners.
As such, Stargold Mines has no revenue to report for the six months ending June
30, 2007 as compared to $3,822 for the same period in 2006. Expenses have risen
as administrative costs were $85 for the six month period ending June 30, 2006
versus approximately $7,223.64 for the same period this year. Professional fees
have also increased significantly to cover the legal and accounting work
necessary to evaluate potential acquisition targets from $2,000 for the six
months ending in June to approximately $110,000 for the same period this year.
In order to meet these capital requirements, Stargold Mines raised $500,000 in
funding this quarter.
STARGOLD MINES, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: August 14, 2007 STARGOLD MINES, INC.
By: /s/ Marcus Segal
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Name: Marcus Segal
Title: President, Chief Executive
Officer, Chief Financial
Officer and Director
(Principal Executive,
Financial and Accounting
Officer)
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ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001)
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