NOTE 1 - ORGANIZATION
The Company, Plandel Resources, Inc. was incorporated under
the laws of the State of Nevada on March 19, 2010 with 300,000,000 authorized common shares with a par value of $0.001. The Company
was organized for the purpose of acquiring and developing mineral properties. At the report date a mineral claim, with unknown
reserves had been acquired. The Company has not established the existence of a commercially minable ore deposit and therefore has
not reached the exploration stage and is considered to be in the pre-exploration stage.