from 10 q
NORTH AMERICAN GOLD & MINERALS FUND
(f/k/a ELKO VENTURES INC.)
(An Exploration Stage Company)
Notes to the Condensed Unaudited Financial Statemen
ts August 31, 2010
NOTE 5. SUBSEQUENT EVENTS
The Company evaluated all events or transactions th
at occurred after August 31, 2010 through the date
the Company issued these financial
statements. On September 8, 2010, the Company direc
ted its transfer agent to issue to Western Diversif
ied Mining Resources, Inc. ("Western")
12,096,115 shares of the Company's Series A Preferr
ed Stock and 29,334,212 Shares of the Company's Ser
ies B Preferred Stock. These shares
were issued in payment of the purchase price for We
stern's 23.22% shareholding in Bouse Gold Inc. and
Western's 46.84% shareholding in
South Copperstone Inc., the acquisition of which cl
osed on September 8, 2010
