v2.4.0.6

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

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Cormac Mining Inc. 10-Q