Cormac Mining Inc.

CIK:0001443270|SEC Filings

Interim Statements of Operations and Comprehensive Loss (USD $)	3 Months Ended		62 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Operating expenses
Accounting and audit	$ 4,169	$ 11,151	$ 57,512
Legal fees			25,126
Mineral exploration expenditures			8,061
Office and sundry	(89)	592	2,277
Regulatory and filing fees			602
Transfer agent			335
Net loss and comprehensive loss for the period	$ (4,080)	$ (11,743)	$ (93,913)
Loss per share (in Dollars per share)	$ 0.00	$ 0.00
Weighted average number of shares outstanding (in Shares)	4,851,665	3,800,000

Interim Statements of Cash Flows (USD $)	3 Months Ended		62 Months Ended
Interim Statements of Cash Flows (USD $)	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
Operating activities
Net loss for the period	$ (4,080)	$ (11,743)	$ (93,913)
Items not requiring cash outlay:
- Donated office expenses			194
Non-cash working capital items:
- Accounts payable and accrued liabilities	(1,462)	9,164	12,254
Net cash used in operating activities	(5,542)	(2,579)	(81,465)
Investing activities
Mineral property acquisition costs			(1,088)
Financing activities
Capital stock		52,833	60,613
Deferred offering costs			(34,752)
Advances from related parties			78,857
Net cash provided by financing activities		52,833	104,718
Changes in cash and cash equivalents	(5,542)	50,254	22,165
Cash and cash equivalents, beginning of period	27,707	1,058
Cash and cash equivalents, end of period	22,165	51,312	22,165
Supplemental cash flow information:
Cash rec’d(paid) for foreign exchange	126	(497)	(1,004)
Supplemental disclosure of non-cash investing and financing activities:
Donation of mineral property			$ 1,756

Balance Sheets (Unaudited) (USD $)	Mar. 31, 2012	Dec. 31, 2011
Current
Cash and cash equivalents	$ 22,165	$ 27,707
Mineral property	2,844	2,844
Total Assets	25,009	30,551
Current
Accounts payable and accrued liabilities	12,253	13,715
Due to related parties	78,857	78,857
Total Liabilities	91,110	92,572
Total Shareholders’ (Deficiency) Equity	(66,101)	(62,021)
Total Liabilities and Shareholders’ (Deficiency) Equity	25,009	30,551
Preferred stock: 100,000,000 authorized shares	0
Common stock: 100,000,000 authorized shares	49	49
Additional paid-in capital	25,813	25,813
Donated capital	1,950	1,950
Deficit accumulated during the exploration stage	$ (93,913)	$ (89,833)