UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

þ X . QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended December ~~June 30~~31, 2011

o . TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT OF 1934

For the transition period from ~~_________~~______ to ~~_________~~_______

Commission File Number: ~~000~~333-~~53909~~171470

~~YUKONIC~~GEORGETOWN ~~MINERALS~~CORPORATION ~~CORP.~~

(Name of ~~Small~~small ~~Business~~business ~~Issuer~~issuer in its charter)

Nevada	~~02-6191201~~	02-6191201
(state or other jurisdiction of incorporation or organization)	(I.R.S. Employer I.D. No.)
(State of incorporation)		(I.R.S. Employer Identification No.)
593 Polson Avenue Winnipeg, Manitoba	R2W 0P1
(Address of principal executive offices)	(Zip Code)

9337 Fraser Ave.

Silver Spring, MD 20910

(Address of principal executive offices)

(204) 898-8160

(Registrant’s telephone number~~, including area code~~)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the ~~past~~preceding 12 months (or for such shorter period that the registrant was ~~require~~required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ~~Yes þ No~~ o

~~Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.~~Yes X ~~See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act~~. ~~(Check~~ ~~one):~~No .

~~Large~~Indicate ~~accelerated~~by ~~filer o Accelerated~~check ~~filer o Non~~mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-~~accelerated~~T ~~filer o Smaller~~(§232.405 ~~reporting~~of ~~company~~this þchapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

~~Indicate by check mark whether the registrant is a shell company~~ (asNot ~~defined~~required) inYes . ~~Rule 12b-2 of the Exchange Act)~~No . ~~Yes þ Noo~~

~~APPLICABLE~~Indicate ~~ONLY~~by TOcheck ~~CORPORATE~~mark ~~ISSUERS~~whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

AsLarge ofaccelerated ~~August~~filer ~~15,~~. ~~2011~~Accelerated ~~the~~filer ~~registrant~~. ~~had~~Non-accelerated ~~1,350,000~~filer ~~shares~~. of(Do ~~common~~not ~~stock~~check ~~outstanding~~if a smaller reporting company) Smaller reporting company X .

~~Yukonic~~Indicate ~~Minerals~~by ~~Corp~~check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

~~Table~~Yes X . ~~of Contents~~No .

~~PART~~As Iof -February ~~FINANCIAL~~8, ~~INFORMATION~~2012, there were 540,000,000 shares of the registrant’s $0.001 par value common stock issued and outstanding.

~~ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.~~ 1

~~ITEM~~GEORGETOWN ~~3. QUANTITATIVE~~CORPORATION ~~AND QUALITATIVE DISCLOSURE ABOUT MARKET RISKS.~~*

~~ITEM~~TABLE ~~4. CONTROL~~OF ~~AND PROCEDURES~~CONTENTS

ITEM 4T. CONTROL AND PROCEDURES.



		Page

PART I. FINANCIAL INFORMATION

ITEM 1.	FINANCIAL STATEMENTS	3
ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	10
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	13
ITEM 4.	CONTROLS AND PROCEDURES	13

PART II. OTHER INFORMATION

ITEM 1.	LEGAL PROCEEDINGS	14
ITEM 1A.	RISK FACTORS	14
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	14
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES	14
ITEM 4.	[REMOVED AND RESERVED]	14
ITEM 5.	OTHER INFORMATION	14
ITEM 6.	EXHIBITS	15

~~PART~~Special IINote –Regarding ~~OTHER~~Forward-Looking ~~INFORMATION~~Statements

~~ITEM~~Information 1included in this Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”). ~~LEGAL~~This ~~PROCEEDINGS~~information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Georgetown Corporation (the “Company”), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

~~ITEM~~*Please ~~2. UNREGISTERED~~note ~~SALES~~that OFthroughout ~~EQUITY~~this ~~SECURITIES~~Quarterly Report, and unless otherwise noted, the words “we,” “our,” “us,” “YKMN,” the “Company,” refers to Georgetown Corporation.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

ITEM 5. OTHER INFORMATION.

ITEM 6. EXHIBITS.

PART I - FINANCIAL INFORMATION

Yukonic International Inc.
(A Development Stage Company)
June 30, 2011
	Index
Balance Sheets (Unaudited)	F-1
Statements of Operations and Other Comprehensive Loss (Unaudited)	F-2
Statements of Cash Flows (Unaudited)	F-3
Notes to the Unaudited Financial Statements	F-4

ITEM 1.

3FINANCIAL STATEMENTS

YUKONIC MINERALS CORP.
(An Exploration Stage Company)
BALANCE SHEETS
Unaudited
		June 30, 2011		September 30, 2010
				(Audited)
ASSETS
CURRENT ASSETS
Cash	$	521	$	17,457
Total current Assets		521		17,457
TOTAL ASSETS	$	521	$	17,457
LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable and accrued liabilities	$	24,906	$	32,155
Loans from related party		79,232		45,224
TOTAL CURRENT LIABILITIES	$	104,138	$	77,379
STOCKHOLDER'S EQUITY ( DEFICIT )
Capital stock
Authorized
75,000,000 shares of common stock, $0.001 par value,
Issued and outstanding
1,350,000 shares of shares	$	1,350	$	1,350
Additional Paid in Capital		7,556		3,779
Deficit accumulated during the development stage		(112,523)		(65,051)
TOTAL STOCKHOLDER'S EQUITY/(DEFICIT)	$	(103,617)	$	(59,922)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY/(DEFICIT)	$	521	$	17,457
The accompanying notes are an integral part of these financial statements

GEORGETOWN CORPORATION

~~F-1~~(formerly Yukonic Minerals Corp.)

YUKONIC MINERALS CORP.
(An Exploration Stage Company)
STATEMENTS OF OPERATIONS
Unaudited
										Cumulative results
		3 months		3 months		9 months		9 months		from inception
		ended		ended		ended		ended		(May 26, 2010) to
		June 30, 2011		June 30, 2010		June 30, 2011		June 30, 2010		June 30, 2011
REVENUE
Revenues	$	-	$	-	$	-	$	-	$	-
Total Revenues	$	-	$	-	$	-	$	-	$	-
EXPENSES
Operating Expenses
Office and general	$	(16,232)	$	(2,595)	$	(24,395)	$	(2,595)	$	(31,467)
Professional Fees		(3,100)		(36,750)		(19,300)		(36,750)		(61,455)
Net Operating Loss	$	(19,332)	$	(39,345)	$	(43,695)	$	(39,345)	$	(92,922)
Other Expenses
Loss on foreign currency exchange										(195)
Impairment		-								(15,000)
Imputed interest		(1,429)		-		(3,777)		-		(4,406)
Loss before provision for income taxes	$	(20,761)	$	(39,345)	$	(47,472)	$	(39,345)	$	(112,523)
Provision for income taxes		-		-		-		-		-
NET LOSS	$	(20,761)	$	(39,345)	$	(47,472)	$	(39,345)	$	(112,523)
BASIC AND DILUTED LOSS PER COMMON SHARE
	$	(0.02)	$	(0.04)	$	(0.04)	$	(0.04)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
		1,350,000		1,000,000		1,350,000		1,000,000
The accompanying notes are an integral part of these financial statements

(An Exploration Stage Company)

~~F-2~~Financial Statements

YUKONIC MINERALS CORP.
(An Exploration Stage Company)
STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
From inception (May 26, 2010) to June 30, 2011
Unaudited
							Deficit
	Common Stock						accumulated
					Additional		during the
	Number of				Paid-in		development
	shares		Amount		Capital		stage		Total
Balance at inception - May 26, 2010	-		-		-		-		-
Common stock issued for cash at $0.001
per share on June 18, 2010	1,000,000	$	1,000	$	-	$	-	$	1,000
Common stock issued for cash at $0.01
per share on September 16, 2010	350,000		350		3,150		-		3,500
Imputed interest on related party loan	-		-		629		-		629
Net loss for the period ended
September 30, 2010	-		-		-		(65,051)		(65,051)
Balance, September 30, 2010	1,350,000	$	1,350	$	3,779	$	(65,051)	$	(59,922)
Imputed interest on related party loan	-		-		3,777		-		3,777
Net loss for the period ended
June 30, 2011	-		-		-		(47,472)		(47,472)
Balance, June 30, 2011	1,350,000	$	1,350	$	7,556	$	(112,523)	$	(103,617)
The accompanying notes are an integral part of these financial statements

As at December 31, 2011 (unaudited) and September 30, 2011

F-3


Balance Sheets	4
Statements of Operations	5
Statements of Cash Flows	6
Notes to the Financial Statements	7

YUKONIC MINERALS CORP.
(An Exploration Stage Company)
STATEMENTS OF CASH FLOWS
Unaudited
			9 months		9 months		May 26, 2010
			ended		ended		(date of inception) to
			June 30, 2011		June 30, 2010		June 30, 2011
OPERATING ACTIVITIES
	Net loss	$	(47,472)	$	(39,345)	$	(112,523)
	Adjustment to reconcile net loss to net cash
	used in operating activities
	Impairment of mineral rights acquisition		-		-		15,000
	Imputed interest		3,777		-		7,557
	Increase (decrease) in accrued expenses	$	(7,250)	$	26,750	$	24,905
NET CASH USED IN OPERATING ACTIVITIES
		$	(50,945)	$	(12,595)	$	(65,061)
INVESTMENT ACTIVITIES
	Mineral rights acquisition		-		-		(15,000)
NET CASH USED IN INVESTING ACTIVITIES
		$	-	$	-	$	(15,000)
FINANCING ACTIVITIES
	Proceeds from sale of common stock		-		1,000		1,350
	Loan from related party		34,009		29,623		79,232
NET CASH PROVIDED BY FINANCING ACTIVITIES
		$	34,009	$	30,623	$	80,582
NET INCREASE ( DECREASE) IN CASH		$	(16,936)	$	18,029	$	521
CASH, BEGINNING OF PERIOD		$	17,457	$	-	$	-
CASH, END OF PERIOD		$	521	$	18,029	$	521
Supplemental cash flow information and noncash financing activities:
Cash paid for:
	Interest	$	-	$	-	$		-
	Income taxes	$	-	$	-	$		-
The accompanying notes are an integral part of these financial statements

~~F-4~~GEORGETOWN CORPORATION

~~YUKONIC MINERALS CORP.~~ (Aformerly ~~Development~~Yukonic ~~Stage~~Minerals Enterprise) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS June 30, 2011 NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION The Company was incorporated in the State of Nevada as a for-profit Company on May 26, 2010 and established a fiscal year end of September 30Corp. We are a development-stage Company organized to exploit mineral deposits. NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements present the balance sheet, statements of operations, stockholders' equity (deficit) and cash flows of the Company. These financial statements are presented in United States dollars and have been prepared in accordance with accounting principles generally accepted in the United States. Advertising Advertising costs are expensed as incurred. As of June 30, 2011, no advertising costs have been incurred. Property The Company owns a mineral claim with a historical cost of $15,000, which is currently deemed fully impaired in the absence of sufficiently developed plans to extract the minerals. The company does not rent any property. Use of Estimates and Assumptions Preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Income Taxes The Company follows the liability method of accounting for income taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax balances. Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates expected to apply to the taxable income in the years in which those differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment. The company doesn't have any uncertain tax positions. Net Loss per Share Basic loss per share includes no dilution and is computed by dividing loss available to common stockholders by the weighted average number of common shares outstanding for the period. Dilutive loss per share reflects the potential dilution of securities that could share in the losses of the Company. Because the Company does not have any potentially dilutive securities, the accompanying presentation is only of basic loss per share. Cash and cash equivalents We maintain cash balances in non-interest-bearing accounts, which do not currently exceed federally insured limits. For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. As of June 30, 2011, the Company did not have any cash equivalents.

~~F-5~~(An Exploration Stage Company)

	YUKONIC MINERALS CORP.
	(A Development Stage Enterprise)
	NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
	June 30, 2011
Concentration of Credit Risk
Financial instruments and related items, which potentially subject the Company to concentrations of credit risk are cash and cash equivalents. The Company places its cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of FDIC insurance limits. As of June 30, 2011, there were no deposits in excess of federally insured limits.
The Company has adopted Accounting Standards Codification subtopic 820-10, Fair Value Measurements and Disclosures ("ASC 820-10"). ASC 820-10 defines fair value, establishes a framework for measuring fair value and enhances fair value measurement disclosure. ASC 820-10 delays, until the first quarter of fiscal year 2009, the effective date for ASC 820-10 for all non-financial assets and non-financial liabilities, except those that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). The adoption of ASC 820-10 did not have a material impact on the Company's financial position or operations, but does require that the Company disclose assets and liabilities that are recognized and measured at fair value on a non-recurring basis, presented in a three-tier fair value hierarchy, as follows:
• Level 1. Observable inputs such as quoted prices in active markets;
• Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and
• Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
The following presents the gross value of assets that were measured and recognized at fair value.
• Level 1: none
• Level 2: none
• Level 3: none
The Company adopted Accounting Standards Codification subtopic 825-10, Financial Instruments ("ASC 825-10"), which permits entities to choose to measure many financial instruments and certain other items at fair value. The adoption of this standard did not have an impact on the Company's financial position, results of operations or cash flows. The carrying value of cash and cash equivalents, accounts payable and accrued expenses, as reflected in the balance sheets, approximate fair value because of the short-term maturity of these instruments.
Foreign Currency Transactions
The Company’s functional and reporting currency is the U.S. dollar. The Company occasionally settles transactions in foreign currencies, with the resulting gain or loss on foreign currency exchange reflected in the statement of operations. The Company incurred a loss on foreign currency exchange of $195 for the period from inception to June 30, 2011.
Exploration-Stage Company
The Company is considered an exploration-stage company, having limited operating revenues during the period presented, as defined by the FASB standard. This standard requires companies to report their operations, shareholders’ deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things. Management has provided financial data since May 26, 2010, “Inception”, in the financial statements. Since inception, the Company has incurred a net loss of $112,523. The Company’s working capital has been generated through the sale of common stock.
Revenue
The company has recognized no mining revenue to date. In the future mining revenue will be recognized according to the policy described below. Revenue is recognized when the following conditions are met:
(a) persuasive evidence of an arrangement to purchase exists;
(b) the price is fixed and determinable;
(c) the product has been delivered; and
(d) collection of the sales price is reasonably assured.

Balance Sheets

~~F-6~~(Expressed in U.S. dollars)

~~YUKONIC MINERALS CORP.~~ (~~A Development Stage Enterprise~~unaudited) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS June 30, 2011 Mining Assets The Company has been in the exploration stage since its inception on May 26, 2010 and has not yet realized any revenues from mining operations. Mineral property acquisition, exploration, and development costs are capitalized as incurred and evaluated for impairment in accordance with GAAP. To date the Company has not established any proven or probable reserves on its mineral claim that are compliant with GAAP standards. The Company has adopted the provision of the FASB standard related to accounting for asset retirement obligations, which establishes standards for the initial measurement and subsequent accounting for obligations associated with the sale, abandonment, or other disposal of long-lived assets arising from the acquisition, construction or development and for normal operations of such assets. As of June 30, 2011, the Company did not have any developed properties, therefore an accrual related to asset retirement obligations was not necessary. Stock-based compensation The Company adopted FASB guidance on stock based compensation upon inception at May 26, 2010. Under FASB ASC 718-10-30-2, all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. Pro forma disclosure is no longer an alternative. The Company has not had any stock and stock options issued for services and compensation for the period from inception (May 26, 2010) through June 30, 2011. Recently Issued Accounting Pronouncements In April 2010, the FASB issued ASU No. 2010-18 regarding improving comparability by eliminating diversity in practice about the treatment of modifications of loans accounted for within pools under Subtopic 310-30 – Receivable – Loans and Debt Securities Acquired with Deteriorated Credit Quality (“Subtopic 310-30”). Furthermore, the amendments clarify guidance about maintaining the integrity of a pool as the unit of accounting for acquired loans with credit deterioration. Loans accounted for individually under Subtopic 310-30 continue to be subject to the troubled debt restructuring accounting provisions within Subtopic 310-40, Receivables—Troubled Debt Restructurings by Creditors. The amendments in this Update are effective for modifications of loans accounted for within pools under Subtopic 310-30 occurring in the first interim or annual period ending on or after July 15, 2010. The amendments are to be applied prospectively. Early adoption is permitted. We are currently evaluating the impact of this ASU; however, we do not expect the adoption of this ASU to have a material impact on our financial statements. In February 2010, the FASB issued ASU No. 2010-09 regarding subsequent events and amendments to certain recognition and disclosure requirements. Under this ASU, a public company that is a SEC filer, as defined, is not required to disclose the date through which subsequent events have been evaluated. This ASU is effective upon the issuance of this ASU. The adoption of this ASU did not have a material impact on our financial statements. In January 2010, the FASB issued ASU No. 2010-06 regarding fair value measurements and disclosures and improvement in the disclosure about fair value measurements. This ASU requires additional disclosures regarding significant transfers in and out of Levels 1 and 2 of fair value measurements, including a description of the reasons for the transfers. Further, this ASU requires additional disclosures for the activity in Level 3 fair value measurements, requiring presentation of information about purchases, sales, issuances, and settlements in the reconciliation for fair value measurements. This ASU is effective for fiscal years beginning after December 15, 2010, and for interim periods within those fiscal years. We are currently evaluating the impact of this ASU; however, we do not expect the adoption of this ASU to have a material impact on our financial statements. NOTE 3 – GOING CONCERN The Company’s financial statements are prepared in accordance with generally accepted accounting principles applicable to a going concern. This contemplates the realization of assets and the liquidation of liabilities in the normal course of business. Currently, the Company has a working capital deficit of $103,617, an accumulated deficit of $112,523 and net loss from operations since inception of $112,523. The Company does not have a source of revenue sufficient to cover its operation costs giving substantial doubt for it to continue as a going concern. The Company will be dependent upon the raising of additional capital through placement of our common stock in order to implement its business plan, or merge with an operating company. There can be no assurance that the Company will be successful in either situation in order to continue as a going concern. The Company is funding its initial operations by way of issuing Founder’s shares. The officers and directors have committed to advancing certain operating costs of the Company, including Legal, Audit, Transfer Agency and Edgarizing costs

F-7


	December 31, 2011 $	September 30, 2011 $

ASSETS

Current Assets

Cash	–	532

Total Assets	–	532

LIABILITIES

Current Liabilities

Accounts payable	5,800	22,111
Related party loan	116,865	106,282

Total Liabilities	122,665	128,393

STOCKHOLDERS’ DEFICIT

Preferred Stock: Authorized: 50,000,000 preferred shares, $0.001 par value Issued and Outstanding: nil preferred shares	–	–

Common Stock: Authorized: 700,000,000 common shares, $0.001 par value Issued and Outstanding: 540,000,000 common shares	540,000	540,000

Additional Paid-In Capital	(500,666)	(529,132)

Accumulated deficit during the exploration stage	(161,999)	(138,729)

Total Stockholders’ Deficit	(122,665)	(127,861)

Total Liabilities and Stockholders’ Deficit	–	532

~~YUKONIC MINERALS CORP.~~ (~~A Development Stage Enterprise) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS June 30, 2011 NOTE 4 – CAPITAL STOCK~~ The ~~Company’s~~accompanying ~~capitalization~~notes isare 75,000,000 common shares with a par value of $0.001 per share. No preferred shares have been authorized or issued. As of June 30, 2011, the Company had issued 1,000,000 Founder’s shares at $0.001 per share for net funds to the Company of $1,000 and had issued 350,000 common stock at $0.01 per share. As of June 30, 2011, the Company has not granted any stock options and has not recorded any stock-based compensation. NOTE 5 – LOAN PAYABLE – RELATED PARTY LOANS The Company has received $79,232 as a loan from a related party. The loan is payable on demand and without interest. Imputed interest of $4,406 has been calculated on the benefit gained by the company from an ~~interest~~integral ~~free~~part related party loan, and has been treated as an additional contribution to the company. NOTE 6 – INCOME TAXES We did not provide any current or deferred U.S. federal income tax provision or benefit for any of ~~the~~these ~~periods~~financial presented because we have experienced operating losses since inception. Accounting for Uncertainty in Income Taxes when it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carry forwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carry forward period. The components of the Company’s deferred tax asset and reconciliation of income taxes computed at the statutory rate to the income tax amount recorded as of June 30, 2011 are as follows: June 30, 2011statements)

~~112,523~~ 4

~~35%~~GEORGETOWN CORPORATION

~~39,383~~(formerly Yukonic Minerals Corp.)

(~~39,383~~An Exploration Stage Company)

~~$ 0~~Statements of Operations

~~The~~(Expressed ~~net~~in ~~federal~~US ~~operating loss carry forward will expire between 2030 and 2031. This carry forward may be limited upon the consummation of a business combination under IRC Section 381.~~dollars)

~~NOTE 7 - SUBSEQUENT EVENTS~~(unaudited)

The Company has evaluated subsequent events from the balance sheet date through the date the financial statements were available to be issued and has determined that there are no events to disclose.



	For the three months ended December 31, 2011 $	For the three months ended December 31, 2010 $	Accumulated from May 26, 2010 (date of inception) to December 31, 2011 $

Revenues	–	–	–

Operating Expenses

General and administrative	432	3,195	32,437
Professional fees	21,422	13,100	106,583

Total Operating Expenses	21,854	16,295	139,020

Loss before other income (expenses)	(21,854)	(16,295)	(139,020)

Other Income (Expenses)

Loss on foreign currency exchange	–	–	(195)
Impairment	–	–	(15,000)
Interest	(1,416)	(1,215)	(7,784)

	(1,416)	(1,215)	(22,979)

Net Loss	(23,270)	(17,510)	(161,999)
Net Loss per Share – Basic and Diluted	–	–
Weighted Average Shares Outstanding – Basic and Diluted	540,000,000	540,000,000

~~F-8~~(The accompanying notes are an integral part of these financial statements)

~~ITEM 2. Management Discussion and Analysis of Financial Condition and Results of Operations.~~5

~~Safe~~GEORGETOWN ~~Harbor Statement~~CORPORATION

~~This~~(formerly ~~report~~Yukonic onMinerals ~~Form 10-Q contains certain forward-looking statements~~Corp. All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operation; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statement of assumptions underlying any of the foregoing. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements. )

~~These~~(An ~~forward-looking~~Exploration ~~statements~~Stage involve significant risks and uncertainties, including, but not limited to, the following: competition, promotional costs, and risk of declining revenues. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These forward-looking statements are made as of the date of this filing, and we assume no obligation to update such forward-looking statements. The following discusses our financial condition and results of operations based upon our consolidated financial statements which have been prepared in conformity with accounting principles generally accepted in the United States. It should be read in conjunction with our financial statements and the notes thereto included elsewhere herein. Company)

~~The~~Statements ~~following discussion should be read in conjunction with our consolidated financial statements, including the notes thereto, appearing elsewhere in this Form 10-Q. The discussions~~ of ~~results, causes and trends should not be construed to imply any conclusion that these results or trends will necessarily continue into the future.~~Cashflows

~~Overview~~(Expressed in US dollars)

We were incorporated pursuant to the laws of the State of Nevada on March 26, 2010 under the name Yukonic Minerals Corp. We are an exploration stage mining company and we plan to engage in the acquisition and exploration of mineral properties.(unaudited)

Liquidity and Capital Resources


	For the three months ended December 31, 2011 $	For the three months ended December 31, 2010 $	Accumulated from May 26, 2010 (date of inception) to December 31, 2011 $

Operating Activities

Net income (loss) for the period	(23,270)	(17,510)	(161,999)

Adjustments to reconcile net loss to net cash used for operating activities:
Impairment of mineral rights acquisition	–	–	15,000
Imputed interest	1,416	1,215	7,784

Changes in assets and liabilities:
Accounts payable	(16,311)	(1,750)	5,800

Net Cash Used In Operating Activities	(38,165)	(18,045)	(133,415)

Investing Activities

Mineral rights acquisition	–	–	(15,000)

Net Cash Used In Investing Activities	–	–	(15,000)

Financing Activities

Proceeds from sale of common stock	–	–	4,500
Proceeds from related party loan	116,865	9,100	223,147
Repayments to related party	(79,232)	–	(79,232)

Net Cash Provided by Financing Activities	37,633	9,100	148,415

Decrease in Cash	(532)	(8,945)	–

Cash – Beginning of Period	532	17,457	–

Cash – End of Period	–	8,512	–


Supplemental Disclosures

Interest paid	–	–	–
Income tax paid	–	–	–

As(The ofaccompanying ~~June~~notes ~~30,~~are ~~2011,~~an weintegral ~~had~~part ~~cash~~ of ~~$521~~these ~~and~~financial a working capital deficiency of $103,617. As of June 30, 2011 our accumulated deficit was $112,523. For the nine months ended June 30, 2011 our net loss was $47,472 compared to $39,345 during the same period in 2010. This increase was due mostly to higher office and general fees due to increased operations.statements)

~~Our~~GEORGETOWN ~~loss was funded by proceeds from shareholder loans. During the nine months ended June 30, 2011, we received $34,009 from a related party and our cash position decreased by $16,936.~~ CORPORATION

We(formerly ~~used~~Yukonic ~~net~~Minerals ~~cash of $50,945 in operating activities for the nine months ended June 30, 2011 compared to using net cash of $12,595 in operating activities for the same period in 2010~~Corp. ~~We did not use any money in investing activities for the nine months ended June 30, 2011 nor did we use any money for investing activities during the same period in 2010.~~ )

~~During~~(An ~~the~~Exploration ~~nine~~Stage ~~months ended June 30, 2011 our monthly cash requirement was approximately $5,661, compared to approximately $1,399 for the same period in 2010.~~ Company)

~~These~~Notes ~~financial statements have been prepared on the assumption that we are a going concern, meaning we will continue in operation for the foreseeable future and will be able~~ to ~~realize assets and discharge liabilities in~~ the ~~ordinary~~Financial course of operations. Different bases of measurement may be appropriate when a company is not expected to continue operations for the foreseeable future. Our continuation as a going concern is dependent upon our ability to attain profitable operations and generate funds therefrom, and/or raise equity capital or borrowings sufficient to meet current and future obligations. Management plans to raise equity financings over the next twelve months to finance operations. There is no guarantee that we will be able to complete any of these objectives. We have incurred losses from operations since inception and at June 30, 2011, have a working capital deficiency and an accumulated deficit that creates substantial doubt about our ability to continue as a going concern.Statements

~~Results~~(Expressed ofin ~~Operations~~US ~~for the three months ended June 30, 2011 compared to the three months ended June 30, 2010 and from inception to June 30, 2011.~~ dollars)

~~No Revenues~~1.

~~Since~~Nature ~~our inception on May 26, 2010 to June 30, 2011, we have not yet earned any revenues. As~~ of ~~June~~Operations ~~30,~~and ~~2011,~~Continuance ~~we have an accumulated deficit~~ of $112,523. At this time, our ability to generate any significant revenues continues to be uncertain. Our financial statements contain an additional explanatory paragraph in Note 3, which identifies issues that raise substantial doubt about our ability to continue as a going concern. Our financial statements do not include any adjustment that might result from the outcome of this uncertainty.Business

~~Net~~Gerogetown ~~Loss~~Corporation (formerly Yukonic Minerals Corp.) (the “Company”) was incorporated in the State of Nevada on May 26, 2010. The Company is an Exploration Stage Company, as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915, Development Stage Entities. The Company has been in an exploration stage since its formation and has not realized any revenues from operations. The Company’s principal business plan is to acquire, explore and develop mineral properties and ultimately seek earnings by exploiting mineral claims. The Company has not generated any revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise.

WeGoing incurred a net loss of $20,761 for the three months ended June 30, 2011, compared to a net loss of $39,345 for the same period in 2010. This decrease in net loss is mostly due to lower professional fees. From inception on May 26, 2010 to June 30, 2011, we have incurred a net loss of $112,523. Our basic and diluted loss per share was $0.02 for the three months ended June 30, 2011, and $0.04 for the same period in 2010. Concern

4These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated significant revenues since inception and is unlikely to generate significant revenue or earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the continued financial support from its management, and its ability to identify future investment opportunities and obtain the necessary debt or equity financing, and generating profitable operations from the Company’s future operations. As of December 31, 2011, the Company has a working capital deficit of $122,665 and an accumulated deficit of $161,999. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

~~Expenses~~2.

~~Our~~Summary ~~total~~of ~~operating~~Significant ~~expenses~~Accounting decreased from $39,345 to $19,332 for the three months ended June 30, 2011 compared to the same period in 2010. This decrease in expenses is mostly due to lower professional fees. Since our inception on May 26, 2010 to June 30, 2011, we have incurred total operating expenses of $92,922.Policies

Our professional fees, consisting primarily of legal, accounting and auditing fees, decreased from $36,750 to $3,100 for the three months ended June 30, 2011 compared to the same period in 2010. Since our inception on May 26, 2010 until June 30, 2011 we have spent $61,455 on professional fees.a)

~~Our~~Basis ~~office~~of and general fees increased to $16,232 from $2,595 for the three months ended June 30, 2011 compared to the same period in 2010. Since our inception on May 26, 2010 until June 30, 2011 we have spent $31,467 on office and general fees.Presentation

~~Results~~The offinancial ~~Operations~~statements ~~for~~of the ~~nine~~Company ~~months~~have ~~ended~~been ~~June~~prepared ~~30,~~in ~~2011~~accordance ~~compared~~with toaccounting principles generally accepted in the ~~nine~~United ~~months~~States ~~ended~~(“US ~~June~~GAAP”) ~~30,~~and ~~2010~~are expressed in U.S. dollars. The Company’s fiscal year end is September 30.

~~No Revenues~~b)

WeUse ~~did~~of not earn any revenues during the nine months ending on June 30, 2011, nor did we earn any revenues during the same period in 2010. At this time, our ability to generate any significant revenues continues to be uncertain.Estimates

~~Net~~The ~~Loss~~preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

We incurred a net loss of $47,472 for the nine months ended June 30, 2011, compared to a net loss of $39,345 for the same period in 2010. This increase in net loss is mostly due to higher office and general fees. Our basic and diluted loss per share was $0.04 for the nine months ended June 30, 2011, and $0.04 for the same period in 2010. c)

~~Expenses~~Cash and cash equivalents

~~Our~~The ~~total~~Company ~~operating~~considers ~~expenses~~all ~~increased~~highly toliquid ~~$43,695~~instruments ~~from~~with ~~$39,345~~a ~~for~~maturity ~~the~~of ~~nine~~three months ~~ended~~or ~~June~~less ~~30,~~at ~~2011 compared to~~ the ~~same~~time ~~period~~of inissuance ~~2010. This increase in expenses is mostly due~~ to ~~higher~~be ~~office~~cash ~~and general fees~~equivalents.

~~Our professional fees, consisting primarily of legal, accounting and auditing fees, decreased from $36,750 to $19,300 for the three months ended June 30, 2011 compared to the same period in 2010.~~ d)

~~Our~~Mineral ~~office and general fees increased to $24,395 from $2,595 for the nine months ended June 30, 2011 compared to the same period in 2010.~~ Property

5The Company owns a mineral claim with a historical cost of $15,000 which is currently deemed fully impaired in the absence of sufficiently developed plans to extract the minerals. The Company does not rent any property.

~~Inflation~~7

~~The~~GEORGETOWN amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position. The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments.CORPORATION

~~Off-Balance~~(formerly ~~Sheet~~Yukonic ~~Arrangements~~Minerals Corp.)

As(An ofExploration ~~June~~Stage 30, 2011, we had no off-balance sheet transactions that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources. Company)

~~ITEM~~Notes 3.to ~~Quantitative~~the ~~and~~Financial ~~Qualitative Disclosure About Market Risks.~~Statements

~~Not~~(Expressed ~~applicable.~~in US dollars)

~~ITEM 4~~2. ~~Control and Procedures~~

~~Not~~Summary ~~applicable~~of Significant Accounting Policies (continued)

~~ITEM 4T. Control and Procedures.~~e)

~~Management's~~Basic ~~Report~~and onDiluted ~~Internal~~Net ~~Control~~Loss ~~over~~per ~~Financial~~Share ~~Reporting.~~

~~Our~~The ~~Internal~~Company ~~control~~computes ~~over~~net ~~financial~~loss ~~reporting~~per isshare ain ~~process~~accordance ~~that, under the supervision of and~~ with ~~the~~ASC ~~participation of our management~~260, ~~including~~Earnings ~~our~~per ~~Chief~~Share. ~~Executive~~ASC ~~Officer~~260 ~~and~~requires ~~Chief~~presentation ~~Financial~~of ~~Officer,~~both ~~was~~basic ~~designed~~and todiluted ~~provide~~earnings ~~reasonable~~per ~~assurances~~share ~~regarding~~(“EPS”) on the ~~reliability~~face of ~~financial reporting and~~ the ~~preparation~~income ofstatement. ~~financial~~Basic ~~statements~~EPS ~~for~~is ~~external~~computed ~~purposes~~by individing ~~accordance~~net ~~with~~loss ~~generally~~available ~~accepted~~to ~~accounting~~common ~~principles. Our~~shareholders ~~internal~~(numerator) ~~control~~by ~~over~~the ~~financial~~weighted ~~reporting~~average ~~includes~~number ~~those~~of ~~policies~~shares ~~and~~outstanding ~~procedures that~~ (idenominator) ~~pertain~~during to the ~~maintenance~~period. ofDiluted ~~records~~EPS ~~that,~~gives ineffect ~~reasonable~~to ~~detail,~~all ~~accurately~~dilutive ~~and~~potential ~~fairly~~common ~~reflect~~shares ~~our~~outstanding ~~transactions~~during ~~and~~the ~~dispositions~~period ofusing ~~our~~the ~~assets;~~treasury ~~(ii)~~stock ~~provide~~method ~~reasonable~~and ~~assurance~~convertible ~~that~~preferred ~~transactions~~stock ~~are~~using ~~recorded~~the asif-converted ~~necessary~~method. toIn ~~permit~~computing ~~preparation~~diluted ~~of financial statements in accordance with generally accepted accounting principles~~EPS, ~~and~~the ~~that~~average ~~our~~stock ~~receipts~~price ~~and~~for ~~expenditures~~the ~~are~~period ~~being~~is ~~made~~used ~~only~~ in ~~accordance~~determining ~~with~~the ~~authorizations~~number of ~~our~~shares ~~management~~assumed ~~and~~to ~~our~~be ~~trustees;~~purchased ~~and~~from ~~(iii)~~the ~~provide~~exercise ~~reasonable assurance regarding prevention or timely detection~~ of ~~unauthorized~~stock ~~acquisition,~~options ~~use,~~ or ~~disposition~~warrants. ofDiluted ~~our~~EPS ~~assets~~excludes ~~that~~all ~~could~~dilutive ~~have~~potential ashares ~~material~~if their effect onis ~~our~~anti ~~financial statements~~dilutive.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that our controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.f)

6Financial Instruments

AsPursuant ~~management~~to ASC 820, itFair isValue ~~our~~Measurements ~~responsibility~~and Disclosures, an entity is required to ~~establish~~maximize ~~and~~the ~~maintain~~use ~~adequate~~of ~~internal~~observable ~~control~~inputs ~~over~~and ~~financial~~minimize ~~reporting. As~~the use of ~~June~~unobservable ~~30,~~inputs ~~2011,~~when ~~under~~measuring ~~the~~fair ~~supervision~~value. ~~and~~ASC ~~with~~820 ~~the~~establishes ~~participation~~a offair ~~our~~value ~~management,~~hierarchy ~~including~~based ~~our~~on ~~Chief~~the ~~Executive~~level ~~Officer~~of independent, weobjective ~~evaluated~~evidence surrounding the ~~effectiveness~~inputs ofused ~~our~~to ~~internal~~measure ~~control~~fair ~~over~~value. A financial ~~reporting~~instrument’s ~~using~~categorization ~~criteria~~within ~~established~~the infair ~~Internal~~value ~~Control~~hierarchy -is ~~Integrated~~based ~~Framework~~upon ~~issued~~the bylowest level of input that is significant to the ~~Committee~~fair ofvalue ~~Sponsoring~~measurement. ~~Organizations~~ASC of820 prioritizes the ~~Treadway~~inputs ~~Commission~~into three levels that may be used to measure fair value:

~~("COSO"). Based~~Level on our evaluation, we concluded that the Company maintained effective internal control over financial reporting as of June 30, 2011, based on criteria established in the Internal Control Integrated Framework issued by the COSO.1

~~This~~Level ~~quarterly~~1 ~~report~~applies ~~does~~to ~~not~~assets ~~include~~or anliabilities ~~attestation~~for ~~report~~which ofthere ~~the~~are ~~company's~~quoted ~~registered~~prices ~~public~~in ~~accounting~~active ~~firm~~markets ~~regarding~~for ~~internal~~identical ~~control~~assets ~~over~~or ~~financial reporting~~liabilities. ~~Management's report was not subject to attestation by the company's registered public accounting firm pursuant~~

toLevel ~~temporary rules of the Securities and Exchange Commission that permit the company to provide only management's report in this quarterly report.~~2

~~Evaluation~~Level of2 ~~disclosure~~applies ~~controls~~to ~~and~~assets ~~procedures~~or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

AsLevel of June 30, 2011, the Company's chief executive officer and chief financial officer conducted an evaluation regarding the effectiveness of the Company's disclosure controls and procedures (as defined in Rules 13a-15(e) or 15d-15(e) under the Exchange Act. Based upon the evaluation of these controls and procedures, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were effective as of the date of filing this annual report applicable for the period covered by this report.3

~~Changes~~Level in3 ~~internal~~applies ~~controls~~to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

~~During~~The ~~the~~Company’s ~~period~~financial ~~covered~~instruments byconsist ~~this~~principally ~~report~~of cash, noaccounts ~~changes~~payable, ~~occurred~~accrued inliabilities, ~~our~~and ~~internal~~amounts ~~control~~due ~~over~~to ~~financial~~related ~~reporting~~parties. Pursuant ~~that~~to ~~materially~~ASC ~~affected~~820, orthe fair value of our cash is ~~reasonably~~determined ~~likely~~based toon ~~materially~~“Level ~~affect~~1” inputs, ~~our~~which ~~internal~~consist ~~control~~of ~~over~~quoted prices in active markets for identical assets. We believe that the recorded values of all of our other financial ~~reporting~~instruments approximate their current fair values because of their nature and respective maturity dates or durations.

7g)

~~PART~~Income ~~II – OTHER INFORMATION~~Taxes

~~ITEM~~Potential 1benefits of income tax losses are not recognized in the accounts until realization is more likely than not. ~~Legal~~The ~~Proceedings~~Company has adopted ASC 740 “Accounting for Income Taxes” as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in this financial statement because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.

As of August 9, 2011 there are no material pending legal proceedings, other than ordinary routine litigation incidental to our business, to which we or any of our subsidiaries are a party or of which any of our properties is the subject. Also, our management is not aware of any legal proceedings contemplated by any governmental authority against us.8

~~ITEM~~GEORGETOWN ~~2. Unregistered Sales of Equity Securities.~~CORPORATION

~~None~~(formerly Yukonic Minerals Corp.)

~~ITEM~~(An 3.Exploration ~~Defaults~~Stage ~~Upon Senior Securities.~~Company)

~~None.~~Notes to the Financial Statements

~~ITEM~~(Expressed 4.in ~~Submission~~US ~~of Matters to a Vote of Security Holders.~~dollars)

~~None~~2.

~~ITEM~~Summary 5.of ~~Other~~Significant ~~Information.~~Accounting Policies (continued)

~~None.~~h)

~~ITEM~~Comprehensive ~~6. Exhibits.~~Loss

Number		Description
31.1		Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

ASC 220, Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As of December 31 and September 30, 2011, the Company has no items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.

8i)

~~SIGNATURES~~Recent Accounting Pronouncements

~~Pursuant~~The toCompany ~~the~~has ~~requirements~~implemented ofall new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the ~~Securities~~financial ~~Exchange~~statements ~~Act~~unless ofotherwise ~~1934~~disclosed, and the ~~registrant~~Company ~~has~~does ~~duly~~not ~~caused~~believe ~~this~~that ~~report~~there toare beany ~~signed~~other onnew ~~our~~accounting ~~behalf~~pronouncements bythat ~~the~~have ~~undersigned~~been ~~thereunto~~issued ~~duly~~that ~~authorized.~~might have a material impact on its financial position or results of operations

	YUKONIC MINERALS CORP. (REGISTRANT)
Date: August 16, 2011	/s/ Pamela Tesluck
		Pamela Tesluck
		President, Chief Executive Officer, Chief Financial Officer, Director
		(Authorized Officer for Registrant)

9Related Party Transactions

As at December 31, 2011, the Company owes $116,865 (September 30, 2011 - $nil) to the President and Director of the Company. The amounts owing are unsecured, non-interest bearing, and due on demand.

As at December 31, 2011, the Company owes $nil (September 30, 2011 - $106,282) to the former President and Director of the Company. The amounts owing are unsecured, non-interest bearing, and due on demand. On November 30, 2011, the former President and Director of the Company settled the amounts owing for $79,232, resulting in an increase to Additional Paid In Capital of $27,050. Imputed interest on this balance was deemed immaterial.

Subsequent Events

On January 10, 2012, the Company filed Amended and Restated Articles of Incorporation and a Certificate of Name Change with the Nevada Secretary of State. As a result of the Amendment the Company has i) changed its name to “Georgetown Corporation” and ii) increased the aggregate number of authorized shares to 750,000,000 shares consisting of 700,000,000 shares of common stock with a par value of $0.001 per share and 50,000,000 shares of preferred stock with a par value of $0.001 per share.

On January 10, 2012, the Company authorized a 1:400 forward split of its issued and outstanding common shares. Once the forward split is declared effective by the Financial Industry Regulatory Authority (“FINRA”) the issued and outstanding shares of common stock will increase from 1,350,000 prior to the forward split to 540,000,000 shares following the forward split.

On January 20, 2012, the Company issued a promissory note for $15,000 to a non-related party. Under the terms of the note, the amounts owing is unsecured, due interest at 10% per annum, and due on demand.

ITEM 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION

FORWARD-LOOKING STATEMENTS

This Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) contains forward-looking statements that involve known and unknown risks, significant uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, or implied, by those forward-looking statements. You can identify forward-looking statements by the use of the words may, will, should, could, expects, plans, anticipates, believes, estimates, predicts, intends, potential, proposed, or continue or the negative of those terms. These statements are only predictions. In evaluating these statements, you should consider various factors which may cause our actual results to differ materially from any forward-looking statements. Although we believe that the exceptions reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

RESULTS OF OPERATIONS

Working Capital


	December 31, 2011 $	September 30, 2011 $
Current Assets	-	532
Current Liabilities	122,665	128,393
Working Capital (Deficit)	(122,665)	(127,861)

Cash Flows


	December 31, 2011 $	December 31, 2010 $
Cash Flows from (used in) Operating Activities	(38,165)	(18,045)
Cash Flows from (used in) Financing Activities	37,633	9,100
Net Increase (decrease) in Cash During Period	(532)	(8,945)

Results of Operations

Revenues

Since our inception on May 26, 2010 to December 31, 2011, we have not yet earned any revenues. As of December 31, 2011, we have an accumulated deficit of $161,999. At this time, our ability to generate any significant revenues continues to be uncertain. Our financial statements contain an additional explanatory paragraph in Note 1, which identifies issues that raise substantial doubt about our ability to continue as a going concern. Our financial statements do not include any adjustment that might result from the outcome of this uncertainty.

Net Loss

We incurred a net loss of $23,270 for the three months ended December 31, 2011, compared to a net loss of $17,510 for the same period in 2010. This increase in net loss is mostly due to higher professional fees recorded in the current period. From inception on May 26, 2010 to December 31, 2011, we have incurred a net loss of $161,999. Our basic and diluted loss per share was $nil for the three months ended December 31, 2011, and $nil for the same period in 2010.

Expenses

Our total operating expenses increased from $16,295 to $21,854 for the three months ended December 31, 2011 compared to the same period in 2010. This increase in expenses is mostly due to higher professional fees. Since our inception on May 26, 2010 to December 31, 2011, we have incurred total operating expenses of $139,020.

Our professional fees, consisting primarily of legal, accounting and auditing fees, increased from $13,100 to $21,422 for the three months ended December 31, 2011, compared to the same period in 2010. Since our inception on May 26, 2010 until December 31, 2011, we have spent $106,583 on professional fees.

Our office and general fees decreased to $432 from $3,195 for the three months ended December 31, 2011, compared to the same period in 2010. Since our inception on May 26, 2010 until December 31, 2011, we have spent $32,437 on office and general fees.

Liquidity and Capital Resources

As of December 31, 2011, we had cash of $nil and a working capital deficiency of $122,665. As of December 31, 2011, our accumulated deficit was $161,999. For the three months ended December 31, 2011, our net loss was $23,270 compared to a net loss of $17,510 during the same period in 2010. This increase in net loss was due to an increase in professional fees offset by lower office and general fees and an increase in imputed interest.

Our loss was funded by proceeds from shareholder loans. During the three months ended December 31, 2011, we received $116,865 from a related party and repaid $79,232 to a former related party and our cash position decreased by $532.

We used net cash of $38,165 in operating activities for the three months ended December 31, 2011, compared to using net cash of $18,045 in operating activities for the same period in 2010. We did not use any money in investing activities for the three months ended December 31, 2011, nor did we use any money for investing activities during the same period in 2010.

During the three months ended December 31, 2011, our monthly cash requirement was approximately $12,722, compared to approximately $6,015 for the same period in 2010.

Cashflow from Operating Activities

During the period ended December 31, 2011, the Company used $38,165 of cash for operating activities compared to the use of $18,045 of cash for operating activities during the period ended December 31, 2010. The increase in the amounts of cash used for operating activities was due to the fact that the Company incurred higher legal fees during the period as a result of entering into settlement agreements with former debtors.

Cashflow from Investing Activities

During the period ended December 31, 2011 and 2010, the Company did not have any investing activities.

Cashflow from Financing Activities

During the period ended December 31, 2011, the Company had received proceeds of $116,865 less $79,232 repaid to a former related party for financing activities compared to receiving proceeds of $9,100 for financing activities during the period ended December 31, 2010.

Quarterly Developments

On November 30, 2011, Mr. Mackie Barch (“Mr. Barch”) acquired control of one million (1,000,000) shares (the “Shares”) of the issued and outstanding common stock of the Company, representing approximately 74.07% of the Company’s total issued and outstanding common stock, from Ms. Pamela Tesluck (“Ms. Tesluck”) in accordance with a stock purchase agreement by and between Mr. Barch and Ms. Tesluck (the “Stock Purchase Agreement”). Pursuant to the Stock Purchase Agreement, Mr. Barch paid an aggregate purchase price of three hundred eighty three thousand US dollars ($383,000) to Ms. Tesluck in exchange for the Shares (the “Acquisition”).

As part of the Acquisition the following changes to the Company's directors and officers have occurred:

As of November 30, 2011 Ms. Tesluck resigned as the Company’s President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, and Director.

As of November 30, 2011 Mr. Barch was appointed as the sole member of the Company’s Board of Directors and as the Company’s President, Chief Executive Officer, Chief Financial Officer, Treasurer, and Secretary.

Subsequent Developments

On January 10, 2012, the Company filed Amended and Restated Articles of Incorporation and a Certificate of Change (collectively the “Amendment”) with the Nevada Secretary of State. As a result of the Amendment the Company, among other things, has: (i) changed its name from Yukonic Minerals Corp. to “Georgetown Corporation”; and (ii) increased the aggregate number of authorized shares to seven hundred fifty million (750,000,000) shares, consisting of seven hundred million (700,000,000) shares of Common Stock, par value $0.001 per share and fifty million (50,000,000) shares of preferred stock, par value $0.001 per share, of which 25,000,000 shall be designated as Series A Preferred Stock.

Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.

Future Financings

We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

Critical Accounting Policies

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. A complete summary of these policies is included in the notes to our financial statements. In general, management's estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

Recently Issued Accounting Pronouncements

In March 2010, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2010-11 (“ASU No. 2010-11”), “Derivatives and Hedging (ASC Topic 815): Scope Exception Related to Embedded Credit Derivatives.” The amendments in this Update are effective for each reporting entity at the beginning of its first fiscal quarter beginning after June 15, 2010. Early adoption is permitted at the beginning of each entity’s first fiscal quarter beginning after issuance of this Update. The Company’s adoption of provisions of ASU No. 2010-11 did not have a material effect on the financial position, results of operations or cash flows of the Company.

In February 2010, the FASB issued ASU 2010-10 (“ASU No. 2010-10”), “Consolidation (Topic 810): Amendments for Certain Investment Funds.” The amendments in this Update are effective as of the beginning of a reporting entity’s first annual period that begins after November 15, 2009 and for interim periods within that first reporting period. Early application is not permitted. The Company’s adoption of provisions of ASU No. 2010-10 did not have a material effect on the financial position, results of operations or cash flows of the Company.

In February 2010, the FASB issued ASU 2010-09 (“ASU No. 2010-09”), “Subsequent Events (ASC Topic 855): Amendments to Certain Recognition and Disclosure Requirements.” ASU No. 2010-09 requires an entity that is an SEC filer to evaluate subsequent events through the date that the financial statements are issued and removes the requirement for an SEC filer to disclose a date, in both issued and revised financial statements, through which the filer had evaluated subsequent events. The Company’s adoption of provisions of ASU No. 2010-09 did not have a material effect on the financial position, results of operations or cash flows of the Company.

In January 2010, the FASB issued ASU 2010-06 (“ASU No. 2010-06”), “Improving Disclosures about Fair Value Measurements.” ASU No. 2010-06 amends FASB Accounting Standards Codification (“ASC”) 820 and clarifies and provides additional disclosure requirements related to recurring and non-recurring fair value measurements and employers’ disclosures about postretirement benefit plan assets. This ASU is effective for interim and annual reporting periods beginning after December 15, 2009. The Company’s adoption of provisions of ASU No. 2010-06 did not have a material effect on the financial position, results of operations or cash flows of the Company.

In January 2010, the FASB issued an amendment to ASC Topic 505, “Equity”, where entities that declare dividends to shareholders that may be paid in cash or shares at the election of the shareholders are considered to be a share issuance that is reflected prospectively in EPS, and is not accounted for as a stock dividend. This standard is effective for interim and annual periods ending on or after December 15, 2009 and is to be applied on a retrospective basis. The Company’s adoption of the amendment to ASC Topic 505 did not have a material effect on the financial position, results of operations or cash flows of the Company.

In January 2010, the FASB issued an amendment to ASC Topic 820, “Fair Value Measurements and Disclosure”, to require reporting entities to separately disclose the amounts and business rationale for significant transfers in and out of Level 1 and Level 2 fair value measurements and separately present information regarding purchase, sale, issuance, and settlement of Level 3 fair value measures on a gross basis. This standard, for which the Company is currently assessing the impact, is effective for interim and annual reporting periods beginning after December 15, 2009 with the exception of disclosures regarding the purchase, sale, issuance, and settlement of Level 3 fair value measures which are effective for fiscal years beginning after December 15, 2010. The Company’s adoption of the amendment to ASC Topic 820 did not have a material effect on the financial position, results of operations or cash flows of the Company.

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

ITEM 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 4.

CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are controls and procedures that are designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by our company in the reports that it files or submits under the Exchange Act is accumulated and communicated to our management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. Our management carried out an evaluation under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 ("Exchange Act"). Based upon that evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that our disclosure controls and procedures were not effective as of December 31, 2011, due to the material weaknesses resulting from the Board of Directors not currently having any independent members and no director qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii) of Regulation S-K, and controls were not designed and in place to ensure that all disclosures required were originally addressed in our financial statements. Please refer to our Annual Report on Form 10-K as filed with the SEC on January 13, 2012, for a complete discussion relating to the foregoing evaluation of Disclosures and Procedures.

Changes in Internal Control over Financial Reporting

Our management has also evaluated our internal control over financial reporting, and there have been no significant changes in our internal controls or in other factors that could significantly affect those controls subsequent to the date of our last evaluation.

The Company is not required by current SEC rules to include, and does not include, an auditor's attestation report. The Company's registered public accounting firm has not attested to Management's reports on the Company's internal control over financial reporting.

PART II - OTHER INFORMATION

ITEM 1.

LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which our director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

ITEM 1A.

RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 2.

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Quarterly Issuances:

During the quarter, we did not issue any unregistered securities other than as previously disclosed.

Subsequent Issuances:

Subsequent to the quarter, we did not issue any unregistered securities other than as previously disclosed.

ITEM 3.

DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.

[REMOVED AND RESERVED]

ITEM 5.

OTHER INFORMATION

On November 30, 2011, the Company entered into a Settlement Agreement and General Mutual Release with Dean Law Corp., pursuant to which the Company shall pay $33,333.45 to Dean Law Corp. to settle an outstanding debt for services rendered. A true and correct copy of the Settlement Agreement is attached hereto as Exhibit 10.02 and is incorporated herein by this reference.

On November 30, 2011, the Company entered into a Settlement Agreement and General Mutual Release with Sherobee Management (“Sherobee”), pursuant to which the Company shall pay $4,300 to Sherobee to settle an outstanding debt. A true and correct copy of the Settlement Agreement is attached hereto as Exhibit 10.03 and is incorporated herein by this reference.

On November 30, 2011, the Company entered into a Settlement Agreement and General Mutual Release with Pamela Tesluck (“Ms. Tesluck”), pursuant to which the Company shall pay $79,232 to Ms. Tesluck to settle an outstanding debt. A true and correct copy of the Settlement Agreement is attached hereto as Exhibit 10.04 and is incorporated herein by this reference.

On January 10, 2012, the Board of Directors of the Company authorized a Forward Split (the “Forward Split”) of its issued and outstanding common shares, whereby every one (1) old share of common stock shall be exchanged for four hundred (400) new shares of the Company's common stock. As a result, once the Forward Split is declared effective by the Financial Industry Regulatory Authority (“FINRA”), the issued and outstanding shares of common stock will increase from one million three hundred fifty thousand (1,350,000) shares prior to the Forward Split to five hundred forty million (540,000,000) shares following the Forward Split. The Forward Split shall be payable as a dividend to shareholders on the date that FINRA approves it. The Forward Split shares shall be payable upon surrender of certificates to the Company's transfer agent. On February 3, 2012, FINRA approved the Forward Split which became effective on February 6, 2012.

ITEM 6.

EXHIBITS


Exhibit Number	Description of Exhibit	Filing
3.01	Articles of Incorporation	Filed with the SEC on December 29, 2010 as part of our Registration Statement on Form S-1.
3.01(a)	Amended and Restated Articles of Incorporation	Filed with the SEC on January 24, 2012 as part of our Current Report on Form 8-K.
3.01(b)	Certificate of Change	Filed with the SEC on January 24, 2012 as part of our Current Report on Form 8-K.
3.02	Bylaws	Filed with the SEC on December 29, 2010 as part of our Registration Statement on Form S-1.
10.01	Mineral Claim Purchase Agreement between the Company and Oro Quest Inc. dated June 30, 2010	Filed with the SEC on March 31, 2011 as part of our Amended Registration Statement on Form S-1/A.
10.02	Settlement Agreement between the Company and Dean Law Corp. dated November 30, 2011	Filed herewith.
10.03	Settlement Agreement between the Company and Sherobee Management dated November 30, 2011	Filed herewith.
10.04	Settlement Agreement between the Company and Pamela Tesluck dated November 30, 2011	Filed herewith.
10.05	Promissory Note to Karev Investments, Inc. dated January 24, 2012	Filed with the SEC on January 25, 2012 as part of our Current Report on Form 8-K.
31.01	Certification of Principal Executive Officer Pursuant to Rule 13a-14	Filed herewith.
31.02	Certification of Principal Financial Officer Pursuant to Rule 13a-14	Filed herewith.
32.01	CEO and CFO Certification Pursuant to Section 906 of the Sarbanes-Oxley Act	Filed herewith.
101.INS*	XBRL Instance Document	Filed herewith.
101.SCH*	XBRL Taxonomy Extension Schema Document	Filed herewith.
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document	Filed herewith.
101.LAB*	XBRL Taxonomy Extension Labels Linkbase Document	Filed herewith.
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document	Filed herewith.
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document	Filed herewith.

*Pursuant to Regulation S-T, this interactive data file is deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections.

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



		GEORGETOWN CORPORATION

Dated: February 13, 2012		/s/ Mackie Barch
		MACKIE BARCH
		Its: President, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the Company and in the capacities and on the dates indicated.

Dated: February 13, 2012

/s/ Mackie Barch

By: MACKIE BARCH

Its: Director

Filing Compare · GEORGETOWN CORP