SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	12 Months Ended
May 31, 2012
Notes
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	5 - SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES For year ended May 31, 2012, Portage Resource Inc. has paid $6,740 to Mr. Paul Luna Belfiore, a director and officer of the Company for consulting services.

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

12 Months Ended

May 31, 2012

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

5 - SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

For year ended May 31, 2012, Portage Resource Inc. has paid $6,740 to Mr. Paul Luna Belfiore, a director and officer of the Company for consulting services.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

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Reference 9: http://www.xbrl.org/2003/role/presentationRef

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+ Details

Portage Resources Inc. 10-K