Sphere Resources Inc SPHUF

RE: RE: Potential

[OilGold]

I'm sorry DRL is subsidiary of SPH
From MD&A
At April 28, 2011: 
Material contracts 
The Company did not enter into any material contracts during the current year other than those entered into pursuant to the 
acquisition of various mineral properties described above. 
Legal  
(1) Kaldora Resources Ltd ("Kaldora") and DRL, a subsidiary of the Company, have reached a settlement to the action 
initiated in the High Court of Justice, Chancery Division in the Royal Courts of Justice in England.   Kaldora has agreed to 
pay DRL the sum of US$4.9 million of which $1.0 million has already been paid with the balance to be paid on or 
before June 30, 2011. 
(3)  Loans payable totaling $2,086,617 represent subscription funds received in prior years in connection with a proposed 
private placement of common shares of  the Company. As regulatory approval was denied during 2007, the subscription 
funds are now classified as non-interest bearing loans to the Company in accordance with the terms of the subscription 
agreements entered into with the subscribers.   
The Company has advised all loan holders that repayment of the loans will only take place if sufficient funds are received 
from Kaldora under its Agreement. 
An action was brought against the Company in January 2009 for repayment of loans from loan holders whose loans totaled 
$547,201. This action was successfully defended in February 2009.   
The Company is not aware of any other litigation pending or in process relating to its activities.
Do ur own DD
Cheeeeers.