1438461--6/26/2009--Element92_Resources

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{gas, price, oil}

{cost, contract, operation}

{stock, price, share}

{interest, director, officer}

{stock, price, operating}

{personnel, key, retain}

{loss, insurance, financial}

{capital, credit, financial}

{regulation, change, law}

{cost, regulation, environmental}

{competitive, industry, competition}

{acquisition, growth, future}

Risks Related to Our Business Investment in our common stock involves very significant risks. We will require additional financing in order to commence and sustain exploration. We have just commenced the initial stages of exploration of our claims, and thus have no way to evaluate the likelihood whether we will be able to operate our business successfully. We have received a going concern opinion from our independent auditors report accompanying our March 31, 2009 financial statements. We plan to acquire additional mineral exploration properties, which may create substantial risks. If we do not find a joint venture partner for the continued development of our claims, we may not be able to advance exploration work Because of the speculative nature of mineral property exploration, there is substantial risk that no commercially exploitable minerals will be found and our business will fail. Because of the inherent dangers involved in mineral exploration, there is a risk that we may incur liability or damages as we conduct our business The potential profitability of mining uranium properties if economic quantities of Uranium are found is dependent upon many factors and risks beyond our control, including, but not limited to: Because access to our claims is sometimes restricted by inclement weather, we may be delayed in our exploration and any future mining efforts. The uranium exploration and mining industry is highly competitive and there is no assurance that we will be successful in acquiring additional claims or leases. The marketability of natural resources will be affected by numerous factors beyond our control. Uranium mining operations are subject to comprehensive regulation, which may cause substantial delays or require capital outlays in excess of those anticipated. Our ability to function as an operating mining company is dependent on our ability to mine our properties at a profit. Because we have limited capital, inherent mining risks pose a significant threat to us. More stringent federal, provincial or state regulations could adversely affect our business. The volatility of uranium prices makes our business uncertain. The only market for uranium is nuclear power plants, and there are only a few customers. The price of alternative energy sources affects the demand for and price of uranium. Public acceptance of nuclear energy is uncertain. Our inability to obtain insurance would threaten our ability to continue in business. If we cannot add reserves to replace future production, we would not be able to remain in business. Competition from better-capitalized companies affects prices and our ability to acquire properties and personnel. Uranium mineral exploration, development and mining are subject to environmental regulations which may prevent or delay the commencement or continuance of our operations. Costs associated with environmental liabilities and compliance are expected to increase with the increasing scale and scope of operations and we expect these costs may increase in the future. Any change to government regulation or administrative practices may have a negative impact on our ability to operate and potential profitability. We may be unable to retain key employees or consultants or recruit additional qualified personnel. Our officers and directors may be subject to conflicts of interest. Risks Related to Our Common Stock The trading price of our common stock in a public market may fluctuate significantly and stockholders may have difficulty reselling their shares. Our common stock is subject to the "penny stock" rules of the SEC. 89.4% of our shares of Common Stock are controlled by Principal Stockholders and Management. Even taking into account the limitations of Rule 144, the future sales of restricted shares could have a depressive effect on the market price of the Company s securities in any market, which may develop. If the selling shareholders sell a large number of shares all at once or in blocks, the value of our shares would most likely decline. Our auditors have expressed substantial doubt about our ability to continue as a going concern

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1438461--6/26/2009--Element92_Resources_Corp.