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 Exchange Act of 1934

Date of Report (Date of earliest event reported): June 1529, 2006

AGA RESOURCES, INC.

(Exact Name of Registrant as Specified in Charter)

Nevada	000-51781	N/A
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

142-757 W. Hastings Street

Vancouver, British Columbia, Canada V6C 1A1

(Address of Principal Executive Offices) (Zip Code)

(778) 322-4332

(Registrant's Telephone Number, Including Area Code)

-1-

This Current Report on Form 8-K is filed by AGA Resources, Inc., a Nevada corporation (the “Registrant”), in connection with the item set forth below.

ITEM 1 2.01 ~~ENTRY~~COMPLETION ~~INTO~~OF AACQUISITION ~~MATERIAL~~OR ~~DEFINITIVE~~DISPOSITION ~~AGREEMENT~~OF ASSETS

The Agreement

On June 14, 2006, the Registrant entered into an Agreement with Triumph Research Limited, a corporation organized and existing under the laws of the British Virgin Islands (“Triumph”), Beijing Tangde International Film and Culture Co., Ltd., a company organized and existing under the laws of the Peoples’ Republic of China (“Tangde”), and the Triumph Stockholders. Pursuant to the terms of the Agreement, all of the issued and outstanding four (4) shares of capital stock, $1.00 par value, of Triumph ~~will~~were to be exchanged in the aggregate for 3,209,000 investment shares of common stock, $0.00001 par value of the Registrant in in an offering that is designed to be exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) and Section 4(6). As ~~result~~ result of the exchange, Triumph, at the Closing, will become a wholly-owned subsidiary of the Registrant, and the Triumph Stockholders will own approximately 13.8% of the ~~outstanding~~ outstanding shares of the Registrant. ~~A copy of the Agreement is attached as Exhibit 10 hereto and is incorporated herein by reference.~~

-1-

The Closing

The Closing isoccurred ~~scheduled~~on toJune ~~occur~~27, as2006, ~~promptly~~and asclosing ~~practicable~~deliveries ~~following~~were made by the ~~signing of~~ parties as contemplated by the Agreement. The Triumph Stockholders executed and delivered, ~~subject~~among toother ~~the~~things, ~~satisfaction~~Stock orPowers ~~waiver~~conveying oftheir ~~several~~equity ~~conditions~~interests to in ~~closing~~ Triumph to AGA. ~~One~~Inasmuch ofas ~~the~~Triumph ~~most~~failed ~~important~~to ~~conditions~~make isits ~~that~~capital ~~each~~contribution to the ~~party~~Joint ~~has~~Venture between Triumph and Tangde in the amount of US$600,000, ~~right~~ prior to ~~conduct~~closing, aAGA ~~due~~exercised ~~diligence~~its ~~investigation~~option ofto ~~the~~withhold ~~other,~~delivery ~~and~~of ~~such~~the ~~investigation~~stock ~~must~~ certificates befor ~~satisfactory~~the in3,209,000 ~~all~~common ~~respects.~~shares Inuntil ~~addition~~such funding occurs, it being agreed isthat athe ~~condition~~rights of the Triumph Stockholders to such 3,209,000 shares under the ~~Registrant’s~~ ~~obligation~~Agreement toare ~~close~~expressly conditioned upon their making of the ~~transactions~~agreed upon ~~that~~capital ~~Triumph~~contribution. ~~have~~Further, ~~funded~~pursuant to a ~~Joint~~ ~~Venture~~Closing ~~between~~Agreement, the Triumph Stockholders expressly promised, jointly and ~~Tangde~~severally, to pay such capital contribution in the amount of ~~approximately~~ US$600,000 to the Joint Venture by no later than three months from the date of Closing. In the ~~alternative~~event of a continuing default, which ~~the~~management ~~Registrant~~of ~~may~~AGA ~~consummate~~does ~~the~~not ~~closing~~believe will occur based on its due diligence investigation of Triumph and its stockholders, AGA has several remedies, ~~withhold~~ including ~~delivery~~legal ofaction to enforce the ~~stock~~payment ~~certificates~~obligation ~~for~~created by the 3Closing Agreement,~~209,000~~ ~~common~~as ~~shares until~~well ~~such~~as ~~funding~~an ~~occurs~~action to rescind the Agreement.

Business of Triumph; The Joint Venture

Triumph’s headquarters are located in Room B, 19th Floor, Tung Hip Commercial Building, 244-252, Des Voeux Road, Central, Hong Kong SAR of the Peoples’ Republic of China. Its primary business is to be a 51% joint venture partner with Tangde, and the Joint Venture plans to invest in film and television related products, equipment leasing, agency activities, advertising and other related businesses in the media and entertainment industries. Tangde, the 49% joint venture partner, has experience in these activities and has been engaged in several of these businesses in China for the past few years. A copy of the Joint Venture agreement is attached as Exhibit A to the Agreement, and is incorporated herein by reference.

Business Plan Post Closing

As previously reported, the management team of the Registrant plans to continue to explore for mineral deposits on property secured in British Columbia, Canada. In that regard, the Registrant recently reported acquiring diamond core drilling equipment at a price of CA$40,365.12 to enable it to pursue its mining exploration activities. The pursuit of businesses in the media and entertainment industries in China through the Joint Venture represents a diversification move for the Registrant. However, the same management team is in place with the Registrant and the acquisition of Triumph does not involve a change of control of the Registrant.

Management Change

Tangde has the right under the Agreement to appoint one member to the Board of Directors of the Registrant. Since there are currently three members on such Board, such appointment may result in a change in the majority of directors other than by a shareholder vote, within the meaning of Section 14(f), and the Registrant will consult with counsel regarding compliance and the preparation and filing of an Information Statement on Schedule 14F-1 prior to the appointment.

-2-

Outstanding Shares

Upon the consummation of this transaction, there will be 23,309,000 shares of common stock outstanding. In the opinion of counsel to the Registrant, the 3,209,000 issued pursuant to this transaction will constitute restricted securities as defined in Rule 144 under the Securities Act of 1933, as amended, and may become eligible for sale after a one year holding period pursuant to Rule 144, provided that all of the conditions of the rule are met.

Exhibit Index

Exh. No.	Description of Exhibit
10	Agreement, dated June 14, 2006, between Registrant, Triumph Research Limited, Beijing Tangde International Film and Culture Co., Ltd., and the Triumph Stockholders.

SIGNATURES

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

~~AGA RESOURCES, INC.~~	AGA RESOURCES, INC.
By	/s/ Zhang, JianPing
	Zhang, JianPing President
Dated: June 15, 2006
	Dated: June 29, 2006

Filing Compare · GREATER CHINA MEDIA & ENTERTAINMENT CORP. (formerly AGA Resources, Inc.)