UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

~~March~~May 1215, 2011

Date of Report (date of Earliest Event Reported)

Pepper Rock Resources Corp.

(Exact Name of Registrant as Specified in its Charter)

NEVADA		000-53847		27-1843986
(State or Other Jurisdiction of Incorporation or Organization)		(Commission File No.)		(I.R.S. Employer Identification No.)

Suite 1906, 1100 –8 ~~8th~~ Avenue SWSouthwest, Calgary, AB T2P 3T9 ~~Canda~~

(Address of principal executive offices and zip code)

587-333-2388

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 1.~~01 ENTRY~~02 ~~INTO~~TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

On ~~March~~January 123, 2011, Pepper Rock Resources Corp., ~~a Nevada corporation~~ (the “Company”) entered into an Option Agreement (the “Option Agreement”) with ~~ANK~~Candorado ~~Consulting,~~Operating ~~LLC~~Company Ltd. (“~~ANK~~Candorado”), whereby the Company ~~will~~had the exclusive option to acquire ~~100~~a 30% ofinterest ~~the~~in a mineral ~~rights~~claim ~~held~~located in British Columbia, Canada known as the Man/Prime Property. The Company could acquire such interest by ~~ANK~~(a) ~~pertaining~~issuing 1,000,000 shares of its common stock to ~~certain~~Candorado ~~mineral~~upon ~~claims~~Candorado ~~located~~receiving inapproval ~~Alexandria~~of the Option Agreement from the TSX Venture Exchange (the “Exchange”); (b) issuing 250,000 ~~British~~shares ~~Columbia~~within ~~Canada~~12 months of such approval by the Exchange; and (3) issuing 250,000 shares within 24 months of such approval by the Exchange. ~~Such~~The ~~claims~~Company ~~are~~is ~~generally~~also ~~referred~~required to asexpend a total of $500,000 within 12 months of the ~~“Alexandria~~Exchange’s ~~Claims”~~approval on the Property, a total of $750,000 within 24 months of the Exchange’s approval and a total of $1.5 million within the period of 36-48 months after the Exchange’s approval. Subsequently, the Company was informed that approval of the Option Agreement by the Exchange was not required and issued 1,000,000 shares to Candorado.

~~Pursuant~~On May 24, 2011, the Company gave Candorado its written notice to that pursuant to paragraph 8 of the Option Agreement, it is terminating the Option Agreement, effective immediately. The Company ~~may~~elected ~~acquire~~to terminate the ~~Alexandria~~Option ~~Claims~~Agreement ~~for~~as it determined it was in both parties’ best interests to allow Candorado to pursue the ~~sum~~property without the Company’s involvement. The Option Agreement does not provide for any early termination fees. The 1 million shares of ~~$400,000,~~the ~~which~~Company’s iscommon stock that were issued to Candorado will be ~~paid~~cancelled asand ~~follows:~~returned to treasury.

-ITEM ~~$150,000~~5.02 on– orDEPARTURE ~~before~~OF ~~March~~DIRECTORS ~~18,~~OR ~~2011~~CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

-On ~~$100~~May 15,~~000~~ on2011, orthe ~~before~~Board ~~April~~of 1Directors (the “Board”) of Pepper Rock Resources Corp., ~~2012;~~a Nevada corporation (the “Company”) expanded the number of members of the Board to four (4) members and elected Mr. Richard Redfern (age 59) as a member of the Board of Directors.

-Mr. ~~$100~~Redfern has 35 years of experience in the management and strategic direction of public corporations in the U.S.,~~000~~ onCanada, orMexico ~~before~~and ~~April~~Africa. 1Mr. Redfern has a strong background in structuring and setting up new corporations and accounting systems, ~~2013;~~project management, legal and contract preparation and evaluation, property negotiations and acquisition, financial evaluations, mining permit-, environmental- and water rights negotiations with a wide spectrum of Governmental regulatory agencies, States and municipalities, and landowners.

Mr. Redfern is a Certified Professional Geologist and a Qualified Person under Canadian Instrument 43-101 ~~$50,000~~for onthe orwriting ~~before~~of ~~April~~TSX 1,Qualifying ~~2014~~Reports; Exploration Geology and Geochemistry; Ore Reserve evaluations; Microsoft Office; AutoCAD and Map Info geology presentations.

~~The~~From ~~Company~~September is2004 ~~also~~to ~~obligated~~present, toMr. ~~pay~~Redfern tohas ~~ANK~~been athe ~~royalty~~President ~~that~~and isCEO ~~equal~~of toMexivada ~~three~~Mining ~~percent~~Corp., ~~(3%)~~a ofmultinational ~~the~~mining ~~net~~company ~~smelter~~with ~~returns~~operations ~~received~~in ~~from~~Canada, Mexico, the ~~claims~~U.S. ~~commencing~~and ~~when~~Africa. ~~the~~Mr. ~~claims~~Redfern’s ~~are~~responsibilities ~~brought~~included ~~into~~forming ~~commercial~~corporations ~~production~~for ~~and~~Mexivada ~~throughout~~in the ~~entire~~aforementioned ~~commercial~~jurisdictions, ~~lifetime~~acquisitions of ~~the~~gold ~~claims.~~and ~~The~~silver ~~Company~~projects ~~has~~worldwide, ~~the~~evaluation ~~right~~of tosubmittals, ~~repurchase~~prospect ~~this~~generation, ~~royalty~~claim bystaking, ~~paying~~business ~~ANK~~plans anand ~~additional~~investor ~~$500,000~~relations.

~~ITEM~~Mr. 1Redfern graduated from California State University at Northridge with a B.~~02 TERMINATION~~S. OFdegree Ain ~~MATERIAL~~Geology. ~~DEFINITIVE~~Mr. ~~AGREEMENT~~Redfern also earned a Master’s Degree in Geology from the University of California at Los Angeles in 1977.

On April 1, 2011, Pepper Rock Resources Corp., a Nevada corporation (the “Company”), terminated the Joint Venture Agreement (the “JV Agreement”) it entered into on February 10, 2010 with Oxalis Energy Group, Inc. (“Oxalis”). Pursuant to the JV Agreement, the Company had the option to earn up to a fifty percent (50%) working interest in the Adam’s Ranch Development after payout of the Company’s costs.SIGNATURE

~~The~~Pursuant ~~Company~~to ~~agreed in~~ the JVrequirements ~~Agreement~~of ~~to invest $5,300,000 as working capital in~~ the ~~Adam’s~~Securities ~~Ranch Development with set tranche amounts~~ and ~~due~~Exchange ~~dates.~~Act ~~The Company made an initial investment~~ of ~~$300~~1934,~~000~~ ~~as part of phase one of three phases in~~ the JVregistrant ~~Agreement. The Company~~ has ~~elected~~duly ~~not~~caused tothis ~~proceed~~report ~~with the JV Agreement due~~ to ~~the~~be ~~fact~~signed ~~that~~on ~~the~~its ~~Company~~behalf ~~has~~by ~~determined that~~ the ~~joint~~undersigned ~~venture~~hereunto onduly ~~this property is not viable~~authorized.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Description

10.1 Option Agreement dated March 12, 2011, entered into by andbetween the Company and ANK Consulting, LLC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DATE: April 4, 2011

PEPPER ROCK RESOURCES CORP.

Date: May 27, 2011 By: /s/ DON NICHOLSON Name: DON NICHOLSON

Name: Don Nicholson

Title: President

Filing Compare · Pepper Rock Resources Corp.