Sun River Energy, Inc.(fka SNRV)

[Timothy Smith]

Sort of an odd move, why the forward split?

Regarding the sell of assets, where is MRCI getting the money from as their balance sheet doesn't show any money? (not saying they aren't raising it but don't see it).

Under the terms of the Agreement, Buyer shall pay the Company the Purchase Price consisting of the following: (1) five hundred thousand dollars ($500,000) and (2) two million five hundred sixty four thousand one hundred and three (2,564,103) shares of Buyer’s common stock (the “Shares”), which shall be subject to a lock-up period of twelve (12) months.

Also to sound a bit out of the mix, I assume these precious metal mineral interests are a byproduct of the leases compared to the oil / gas they are focused on?

SUN RIVER ENERGY, INC. , is a, Dallas based, oil and gas exploration and production company. Sun River seeks to grow its reserves and production through predictable, repeatable success. Our focus is on the highly prolific areas of the East Texas Basin and the Permian Basin in West Texas, as well as the multiple geological horizons contained on our 222,855 gross acres of wholly owned mineral interests (fee simple) in the Raton Basin of Colfax County, New Mexico.

I will admit this does sound relatively intriguing so I am interested to see what their next move is. Myself and a few of my investor associates made a nice return when the stock moved from the mid $1's to the $5's (2010-2011) but thankfully didn't wait around to see if it would hold.