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Re: ActivePro post# 72

Friday, 12/03/2010 12:57:33 PM

Friday, December 03, 2010 12:57:33 PM

Post# of 116
You mean this lovely bit of news?

Item 1.02: Termination of a Material Definitive Agreement



On August 11, 2010, Yinfu Gold Corporation, (formerly Element92 Resources Corp.) (the "Company") reported that it had executed a Sales & Purchase agreement to acquire the Guolanchong gold mine in Guangdong Province, China. The closing of this acquisition was to occur on September 30, 2010. The closing did not occur at that time and after careful examination of the potential for this acquisition, the Company has allowed the Sales & Purchase agreement to acquire the Guolanchong gold mine to expire.



Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers



The Board of Directors has accepted the resignation of the Chief Operating Officer, Alastair McIntyre. Mr. McIntyre’s contract was for a period of six months which expired on November 10, 2010. Mr. McIntyre’s resignation is not the result of any disagreements with the Company


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