Shamika 2 Gold (SHMX)

Shamika 2 Gold, Inc formerly known as Aultra Gold Incorporated was incorporated on January 20, 2006 as Dutch Mining Ltd. under the laws of Canada, pursuant to the Business Corporations Act of British Columbia. It completed a formal name change to Aultra Gold Inc. on December 8, 2006. On January 22, 2007, the Company entered into a definitive Share Exchange Agreement with Strategic Minerals Inc., a Nevada Corporation, AGI and certain other shareholders of AGI. AGI is engaged in the business of acquiring and exploring gold and mineral properties with proven and probable reserves located in Nevada and Montana, USA, with the objective of identifying gold and mineralized deposits economically worthy of continued production and/or development, mining or sale. On May 31, 2006, AGI entered into a Mining Lease Agreement with Strategic, whereby Strategic granted AGI the right to explore, evaluate, develop, and mine the Basin Gulch Property, Montana, in consideration of AGI issuing to Strategic 20,000,000 common shares of its capital stock. The three-stage Mining Lease Agreement is structured are Stage 1 initial payment, Stage 2 advance production royalties and Stage 3 production royalties. Many companies are engaged in the exploration and development of mineral properties. The Company is at a disadvantage with respect to those competitors whose technical staff and financial resources exceed the Company's. The Company is required to complying with all regulations, rules and directives of governmental authorities and agencies applicable to the exploration of minerals in United States generally, and in Montana and Nevada.