EXLA Resources Inc. (EXLA)

[Au-man]

The Liver Peak and Excelsior mining claims were owned by WCRA LLC and sold to Excelsior Gold Corp for stock. Helmer purchased Excelsior Gold Corp giving WCRA LLC stock in Helmer. WCRA LLC asked the Helmer BOD trade Excelsior Gold Corp for the series M Preferrred stock they were holding (equivalent to around 100 million shares of Helmer common stock). The Helmer BOD approved and WCRA now owns Excelsior Gold Corp and the mining properties. Alex Lucas signed a deal with WCRALLC (Excelsior Gold Corp) to lease back the Excelsior Mine, but then didn't follow through with Helmer's part of the contract. SO, HELMER NO LONGER OWNS ANY MINING PROPERTIES!