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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 17, 2011
AVRO ENERGY, INC.
(Exact name of registrant as specified in its charter)
Nevada 333-141686 20-8387017
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
213 E. Arkansas Ave.
Vivian, Louisiana
71082, USA
(Address of principal executive offices)
Telephone: 318-734-4737
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
On May 17, 2011, the Company entered into a Farmout and Acquisition Agreement
with First Pacific Oil and Gas Ltd., a Frankfurt listed resource company ("First
Pacific"), whereby First Pacific has the right to earn a 50% working interest,
subject to royalties and operating costs, in twelve of Avro Energy's hydrocarbon
wells in South Arkansas.
Under the terms of the Agreement, First Pacific Oil will commit to a funding
schedule as follows:
1. First Pacific must pay Avro Energy $50,000 on or before 21 days from
the date of the Agreement;
2. An additional $200,000 on or before 45 days from the signing of the
agreement;
3. A final payment of $800,000 on before 6 months from the date of the
agreement.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On May 17, 2011, the Company issued 2,000,000 restricted shares to Crown Equity
Holdings Inc. for 6 months of public relation services commencing June 1, 2011.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(A) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED.
Not applicable.
(B) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(C) SHELL COMPANY TRANSACTIONS.
Not applicable.
(D) EXHIBITS
Ex. 10 FARMOUT AGREEMENT SIGNED MAY 17, 2011
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AVRO ENERGY INC.
Date: May 19, 2011 /s/ Donny Fitzgerald
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DONNY FITZGERALD