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EX-32 - SOX SECTION 906 CERTIFICATION OF THE CEO - Riverdale Mining Inc.exhibit321.htm
EX-10 - RIVERDALE MINING LOAN AGREEMENT - Riverdale Mining Inc.exhibit101.htm
EX-31 - SOX SECTION 302 (A) CERTIFICATION OF THE CEO - Riverdale Mining Inc.exhibit311.htm
EXCEL - IDEA: XBRL DOCUMENT - Riverdale Mining Inc.Financial_Report.xls

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

FORM 10-Q

 

[X]

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

FOR THE QUARTERLY PERIOD ENDED December 31, 2011

 

 

 

OR

 

 

[   ]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

FOR THE TRANSITION PERIOD FROM _____________ TO _____________

 

Commission file number 000-53309

 

RIVERDALE MINING INC.
(Exact name of registrant as specified in its charter)

 

NEVADA

 

68-0672900

(State or other jurisdiction of incorporation or organization)

 

(IRS Employer Identification No.)

 

20 Carl Crescent
Toronto, Ontario
Canada M1W 3R2

 (Address of principal executive offices, including zip code.)

 

1-877-536-0333
(Registrant's telephone number, including area code)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [   ]

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). 
Yes [   ]  No [ X ]

 

 

 

 

 


 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer, “accelerated filer,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large Accelerated filer   

 

[   ]   

 

Accelerated filer   

 

[   ]   

Non-accelerated filer   

 

[   ]   

 

Smaller reporting company   

 

[X]   

(Do not check if a smaller reporting company) 

 

 

 

 

 

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  YES [X]   NO [   ]

 

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 7,000,000 as of February 1, 2012.

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 


 

RIVERDALE MINING INC.

 

FORM 10-Q

December 31, 2011

INDEX

 

PART I-- FINANCIAL INFORMATION

 

 

PART II-- OTHER INFORMATION

 

 

 

SIGNATURE

 

EXHIBIT INDEX

 

 

 

 

3


 

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This Quarterly Report on Form 10-Q (this “Report”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements discuss matters that are not historical facts. Because they discuss future events or conditions, forward-looking statements may include words such as “anticipate,” “believe,” “estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,” “plan,” “might,” “will,” “expect,” “predict,” “project,” “forecast,” “potential,” “continue” negatives thereof or similar expressions. Forward-looking statements speak only as of the date they are made, are based on various underlying assumptions and current expectations about the future and are not guarantees. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievement to be materially different from the results of operations or plans expressed or implied by such forward-looking statements.

We cannot predict all of the risks and uncertainties. Accordingly, such information should not be regarded as representations that the results or conditions described in such statements or that our objectives and plans will be achieved and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. These forward-looking statements are found at various places throughout this Report and include information concerning possible or assumed future results of our operations, including statements about potential acquisition or merger targets; business strategies; future cash flows; financing plans; plans and objectives of management; any other statements regarding future acquisitions, future cash needs, future operations, business plans and future financial results, and any other statements that are not historical facts.

These forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors. Many of those factors are outside of our control and could cause actual results to differ materially from the results expressed or implied by those forward-looking statements. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than we have described. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this Report. All subsequent written and oral forward-looking statements concerning other matters addressed in this Report and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Report.

Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

 

CERTAIN TERMS USED IN THIS REPORT

When this report uses the words “we,” “us,” “our,” and the “Company,” they refer to Riverdale Mining Inc.  “SEC” refers to the Securities and Exchange Commission. PART I – FINANCIAL INFORMATION

 

 

 

 

4


 

ITEM 1.         FINANCIAL STATEMENTS

Riverdale Mining Inc.
(An Exploration Stage Company)

December 31, 2011

Basis of Presentation

The accompanying statements are presented in accordance with U.S. generally accepted accounting principles for interim financial information and the instructions to Form 10-Q and Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments (consisting only of normal occurring adjustments) considered necessary in order to make the financial statements not misleading, have been included. Operating results for the nine months ended December 31, 2011 are not necessarily indicative of results that may be expected for the year ending March 31, 2012.

 

 

 

 

 

 

 

 

5


 

 

RIVERDALE MINING INC.

(AN EXPLORATION STAGE COMPANY)

BALANCE SHEETS

Unaudited

 

 

 

 

 



December 31,

2011


March 31,

2011

ASSETS

 

 

 

 

CURRENT ASSETS

  Cash

$

254

$

2,677

 

 

 

 

Total Current Assets

 

254

 

2,677

 

 

 

 

 

 

TOTAL ASSETS

$

254

$

2,677

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS' DEFICIT

 

 

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

 

 

 

 

 

Accounts payable and accrued expenses

$

222,505

$

12,863

 

Demand note payable

 

77,000

 

40,000

 

Accounts payable – related party

 

9,573

 

11,405

 

TOTAL LIABILITIES

309,078

 

64,268

 

 

 

 

 

 

COMMITMENTS AND CONTINGENCIES

 

-

 

-

 

 

 

 

 

 

STOCKHOLDERS' DEFICIT

 

 

 

 



Preferred Stock, 100,000,000 shares authorized,

$0.00001 par value

No shares are issued and outstanding



-



-

 

 

Common stock, 100,000,000 shares authorized, $0.00001 par value;

7,000,000 shares issued and outstanding



70



70

 

 

Additional paid-in capital

 

199,980

 

199,980

 

 

Deficit accumulated during exploration stage

 

(508,874)

 

(261,641)

 

 

TOTAL STOCKHOLDERS' DEFICIT

 

(308,824)

 

(61,591)

 

 

 

 

 

 

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

$

254

$

2,677

 

 

 

 

 

 

 

See accompanying condensed notes to interim unaudited condensed financial statements.
F-1

 


 

 

RIVERDALE MINING INC.

(An Exploration Stage Company)

STATEMENTS OF EXPENSES

(Unaudited)

 

For the period

     From            

 

 

 

 

March 30, 2007

 

Three Months Ended

 

Nine Months Ended

Through

   

December 31,

 

December 31,

 

December 31,

 

December 31

 

December

31,

   

2011

 

2010

 

2011

 

2010

 

2011

                     

COSTS AND EXPENSES

                   

 

 

 

 

 

 

 

 

 

 

 

 

Consulting fees

 $

81,000

 $

4,959

 $

217,944

 $

15,691

 $

329,931

 

Legal & accounting

 

3,000

 

3,500

 

12,830

 

8,500

 

88,509

 

Exploration

 

-

 

-

 

-

 

-

 

16,500

 

General & administrative

 

617

 

3,344

 

11,610

 

7,249

 

67,652

 

Loan Interest

 

1,890

 

 

 

4,849

 

 

 

6,282

 

 

 

 

 

 

 

 

   

 

NET LOSS

$

(86,507)

$

(11,803)

 

(247,233)

$

(31,440)

 

(508,874)

 

 

 

 

 

 

 

 

 

 

 

NET LOSS PER COMMON SHARE -

 

 

 

 

 

 

 

 

 

 

 

BASIC AND DILUTED

$

(0.01)

$

(0.00)

$

(0.04)

$

(0.00)

 

 

 

 

 

 

 

 

 

 

 

 

 

WEIGHTED AVERAGE

 

 

 

 

 

 

 

 

 

 

 

COMMON SHARES OUTSTANDING- BASIC AND DILUTED

 


 

7,000,000

 

 


7,000,000

 

 


7,000,000

 

 


7,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

See accompanying condensed notes to interim unaudited condensed financial statements.
F-2


 

 

RIVERDALE MINING INC.

(AN EXPLORATION STAGE COMPANY)

CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)






For the Nine

Months Ended

December 31, 2011


For the Nine

Months Ended

December 31,  2010

For the period from March 30, 2007

(Inception) through

December 31,  2011

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

 

 

 

 

Net loss

$

(247,233)

$

(31,440)

$

(508,874)

 

Adjustments to reconcile net loss to net cash used in operating activities:

Change in operating assets and liabilities:

 

 

 

 

 

 

 

Increase in accounts payable and accrued expenses

 

209,642

 

5,391

 

222,505

Net cash used in operating activities

 

(37,591)

 

(26,049)

 

(286,369)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

 

 

 

 

Net advances from (repayments to) related party

 

(1,832)

 

6,279

 

9,573

 

Proceeds from sale of common stock

 

-

 

-

 

200,050

 

Proceeds from note payable

 

37,000

 

25,000

 

77,000

Net cash provided by financing activities

 

35,168

 

31,279

 

286,623

 

 

 

 

 

 

 

Change in cash

 

(2,423)

 

5,230

 

254

 

 

 

 

 

 

 

Cash, beginning of period

$

2,677

$

128

$

-

 

 

 

 

 

 

 

Cash, end of period

$

254

$

5,358

$

254

 

 

 

 

 

 

 

SUPPLEMENTAL CASHFLOW DISCLOSURES

 

 

 

 

 

 

 

Interest paid

$

-

$

-

$

-

 

Income taxes paid

$

-

$

-

$

-

 

 

 

 

 

 

 

 

 

 

 

 

See accompanying condensed notes to interim unaudited condensed financial statements.

F-3


 

 

RIVERDALE MINING INC.

(AN EXPLORATION STAGE COMPANY)

NOTES TO CONDENSEDFINANCIAL STATEMENTS

(Unaudited)

 

NOTE 1. - BASIS OF PRESENTATION

 

The accompanying unaudited interim financial statements of Riverdale Mining Inc. (“Riverdale Mining or the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Riverdale’s Annual Report filed with the SEC on Form 10-K.  In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein.  The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which substantially duplicate the disclosure contained in the audited financial statements for fiscal 2010 as reported in the Form 10-K have been omitted.


NOTE 2. - GOING CONCERN

 

From March 30, 2007 (date of inception) to December 31, 2011, Riverdale Mining has not generated revenues and has accumulated losses since inception. The continuation of Riverdale Mining as a going concern is dependent upon the continued financial support from its shareholders, the ability of Riverdale Mining to obtain necessary equity financing to continue operations, and the attainment of profitable operations. There is no guarantee that Riverdale Mining will be able to complete any of the above objectives. These factors raise substantial doubt regarding the Riverdale Mining’s ability to continue as a going concern.

 

NOTE 3. – RELATED PARTY TRANSACTIONS

 

The Company occupies office space provided by the president of the Company at no cost. The value of the space is not considered materially significant for financial reporting purposes. Advances on behalf of the Company are non-interest bearing and due on demand. As of December 31, 2011, the Company was indebted to a related party for the amount of $9,573 for expenses paid on behalf of the Company.

 

NOTE 4 – MINING CLAIMS

 

On January 31, 2011, the Company was unaware of its mineral title renew and inadvertently did not renew the Sheelagh Creek Gold mining claim in time. The claim was automatically forfeited and was re-staked by Speebo Inc. On February 15, 2011, Speebo Inc. agreed to resell the claim to the Company for $2,500, which was paid on February 15, 2011.  The Sheelagh Creek Gold mining claim is held in the name of the Company’s president, Vladimir Vaskevich.

 

 

 

 

 

 

 

 

F-4


 

RIVERDALE MINING INC.

(AN EXPLORATION STAGE COMPANY)

NOTES TO CONDENSEDFINANCIAL STATEMENTS

(Unaudited)

 

NOTE 5 - DEMAND NOTE PAYABLE

As of December 31, 2011, Riverdale borrowed $77,000 from CRG Finance. The notes bear 10% interest per year and are due on demand.


NOTE 6 - SUBSEQUENT EVENT

On January 10, 2012 Riverdale borrowed $5,000 from CRG Finance. The loan is due upon demand and compounds interest at 10.0% per annum.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

F-5


 


ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

 

This section of this quarterly report on Form 10-Q includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this quarterly report. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or our predictions.

 

Plan of Operation

We are a start-up, exploration stage corporation and have not yet generated or realized any revenues from our business operations.

    Our auditors have issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we begin removing and selling minerals. There is no assurance we will ever reach this point.

 

Estimates and Assumptions

 

In the preparation of our financial statements, no estimates have been used since there is insufficient historical information in which to base such estimates.

 

Trends Affecting Our Business

 

We do not recognize any trends which will affect our business.  While it appears that we are in a world-wide recession, the demand for mineralized materials remains constant in good or bad economical cycles.

 

Plan of Operation for the Next Twelve Months

 

            Management is evaluating the results of the geology report to determine what additional work should be done on the property, if any. Currently, that is the Company’s only plan and it does not have plans to do any else.

 

Results of Operations

 

Quarter Ended December 31, 2011 Compared to Quarter Ended December 31, 2010

 

Revenue and Operating Expenses

 

We did not generate any revenue for the period ended December 31, 2011, which remained unchanged from the period ended December 31, 2010. The reason we have not generated any revenue is because we are still in the exploration stage.

 

 

6



 

 

Consulting fees increased by $76,041 from $4,959 for the three month period ended December 31, 2010 to $81,000 for the three month period ended December 31, 2011. The reason for the increase was an agreement with CRG for consulting services for $25,000 per month.

 

Legal and accounting fees decreased by $500 from $3,500 for the three month period ended December 31, 2010 to $3,000 for the three month period ended December 31, 2011. The increase was primarily due to a decrease in legal and accounting expenses.



Other administrative and miscellaneous decreased by $2,727 from $3,344 for the three month period ended December 31, 2010 to $617 for the three month period ended December 31, 2011. The decrease was primarily due to a decrease in telephone and office supply expenses.

 

Assets and Liabilities

 

Cash and cash equivalents were $254 at December 31, 2011 as compared to $2,677 at March 31, 2011.

 

Work Completed:

 

Exploration crew spent September 13 and 14th, 2008 on-site prospecting and sampling the Project.  Access to the site was good and both the Black Diamond and the Independent showings were located and sampled on the first day. 

 

As the Black Diamond showing is not mentioned in historic government reports it was decided that the entire second field day be spent prospecting the rest of the property with the hope of locating additional undocumented mineralized showings.

 

Observations and Results:

 

Black Diamond showing:  The crew observed a caved adit, 4 trenches and a shallow shaft in this area.  These old workings were developed on a series of narrow (+/- 4.0 inch) parallel quartz veins/veinlettes that were traced (by the workings) for approximately 150 feet.  A total of six rock samples were collected from the better mineralized vein material.  The highest gold value received was 2.3g/t from a sample of the dump material at the mouth of the caved adit.  All of the other five rock samples returned values of less than 0.52g/t Au.  While pyrite, galena, chalcopyrite and sphalerite were observed in most of the rock samples, none of the base metal elements (Pb, Zn, and Cu) returned values close to levels of economic interest.

 

Independent showing  Three shallow pits/trenches were located in this area.  These workings were also developed on a series of narrow quartz carbonate veinlettes/stockwork that carried trace amounts of arsenopyrite and pyrite.  The highest gold value obtained from the four rock samples collected in this area was 885ppb (0.88g/t).  The other three rock samples returned gold values of less than 150ppb.

 

General Geological observation at the known showings and property wide prospecting confirmed the geological setting as previously reported.  No additional “old workings” or mineralized zones were located during the course of the prospecting.

 

Conclusions and Recommendations:  Based on the low gold values, narrow mineralized structures and short strike lengths of mineralization it is apparent that an insufficient volume of economically exploitable material (“ore”) occurs within the Project.  As this is the case, it is recommend that no further work be carried

 

 

 

 

 

7


 

out on the South Rossland Project and that the claims either be abandoned or held under minimum care and maintenance.

 

 

Limited Operating History; Need for Additional Capital  

 

There is no historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.

 

We have no assurance that future financing will be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or expand our operations. Future equity financing could result in additional dilution to existing shareholders.

 

Liquidity and Capital Resources

 

At the present time, we have not made any arrangements to raise additional cash. If we need additional cash and cannot raise it we will either have to suspend operations until we do raise the cash, or cease operations entirely.

 

We have the right to explore one property which consists of three claims comprising a total of 177.9 acres. The property is registered in our president's name.

 

            As of December 31, 2011, we borrowed $77,000 from CRG Finance. The notes bear 10% interest and are due on demand.

 

On January 10, 2012 Riverdale borrowed $5,000 from CRG Finance. The loan is due upon demand and compounds interest at 10.0% per annum.

 

Since inception, we have issued 7,000,000 shares of our common stock and received $200,050.

 

In March 2007, we issued 5,000,000 shares of common stock to our officers and directors pursuant to the exemption from registration contained in Regulation S of the Securities Act of 1933. The purchase price of the shares was $50. This was accounted for as an acquisition of shares.

 

In December 2007, we completed our public offering by raising $200,000 and issued 2,000,000 shares of common stock.

 

As of December 31, 2011, our total assets were $254 consisting entirely of cash and our total liabilities were $309,078.

Off Balance Sheet Arrangements

 

We have no off balance sheet arrangements.

 

 

 

 

8


 

 

Critical Accounting Policies

 

The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ materially from those estimates. We believe that there are several accounting policies that are critical to understanding our historical and future performance, as these policies affect the reported amounts of revenue and the more significant areas involving management’s judgments and estimates.  These significant accounting policies relate to revenue recognition, valuation of long-lived assets and income taxes. These policies, and the related procedures, are described in detail below.

 

Revenue recognition

 

The Company’s revenue consists of obtaining the ability to find mineralized material that is economically feasible to extract from our property.

 

Impairment of long lived assets

 

Long-lived assets of the Company are reviewed for impairment whenever events or changes in circumstances indicate that their carrying value has become impaired, in accordance with the guidance established in Statement of Financial Accounting Standards (“SFAS”) No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets. An impairment loss would be recognized when the carrying amount of an asset exceeds the estimated undiscounted future cash flows expected to result from the use of the asset and its eventual disposition. The amount of the impairment loss to be recorded is calculated by the excess of the asset’s carrying value over its fair value. Fair value is generally determined using a discounted cash flow analysis.

 

 

Income taxes

 

The Company accounts for income taxes under the provisions of SFAS No. 109, Accounting for Income Taxes, which requires the Company to recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns using the liability method. Under this method, deferred tax liabilities and assets are determined based on the temporary differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse. The effect on deferred income tax assets and liabilities of a change in income tax rates is included in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred income tax assets to the amount expected to be realized.

 


ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

 

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.





 

 

 

9


 

 

ITEM 4.         CONTROLS AND PROCEDURES.


Evaluation of Disclosure Controls and Procedures

 

            We maintain “disclosure controls and procedures,” as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to our management, including our Principal Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. We conducted an evaluation under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on this Evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our Disclosure Controls were effective as of the end of the period covered by this report.

 

Changes in Internal Controls

 

            There have been no changes in our internal controls or in other factors that could affect those controls subsequent to the date of their last evaluation.


PART II. OTHER INFORMATION


ITEM 1.         LEGAL PROCEEDINGS.

 

Currently we are not aware of any litigation pending or threatened by or against the Company.


ITEM 1A.      RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

 

ITEM 2.         UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

 

None.

ITEM 3.         DEFAULTS UPON SENIOR SECUITIES.

 

None.

 

ITEM 4.         (REMOVED AND RESERVED)

 


ITEM 5.         OTHER INFORMATION.

 

            None.

 

 

 

 

10


 


ITEM 6.     EXHIBITS.

            The following documents are included herein:

 

Exhibit No. 

Document Description

 

 

10.1             

Loan Agreement

 

31.1             

Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.

 

32.1     

Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer). **

101

Interactive Data File 

101.INS

XBRL Instance Document

101.SCH

XBRL Taxonomy Extension Schema Document

101.CAL

XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF

XBRL Taxonomy Extension Definition Linkbase Document

101.LAB

XBRL Taxonomy Extension Label Linkbase Document

101.PRE

XBRL Taxonomy Extension Presentation Linkbase Document

 

** The certification attached as Exhibit 32.1 accompanying this Quarterly Report on Form 10-Q are not deemed filed with the Securities and Exchange Commission and are not to be incorporated by reference into any filing of Riverdale Mining, Inc., under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Quarterly Report on Form 10-Q, irrespective of any general incorporation language contained in such filing.

 

 

 

11


 

 

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 6th day of February, 2011.

 

 

 

RIVERDALE MINING INC.

 

 

 

 

 

 

BY:

/s/VLADIMIR VASKEVICH

 

 

 

Vladimir Vaskevich, President, Principal

 

 

 

Executive Officer, Treasurer, Principal

 

 

 

Financial Officer and Principal Accounting

 

 

 

Officer

 

 

 

 

 

 

 

 

12

 

 


 

EXHIBIT INDEX

 

Exhibit No. 

Document Description

 

 

10.1

Loan Agreement

 

 

31.1             

Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.

 

32.1     

Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).

101

Interactive Data File 

101.INS

XBRL Instance Document

101.SCH

XBRL Taxonomy Extension Schema Document

101.CAL

XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF

XBRL Taxonomy Extension Definition Linkbase Document

101.LAB

XBRL Taxonomy Extension Label Linkbase Document

101.PRE

XBRL Taxonomy Extension Presentation Linkbase Document

 

 

 

 

 

 

13