U. S. Securities and Exchange Commission
                             Washington, D. C. 20549

                                   FORM 10-QSB
(Mark  One)

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

For  the  quarter  ended  January  31,  2001
                          ------------------

[ ]     TRANSITION  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  SECURITIES
        EXCHANGE  ACT  OF  1934

For  the  transition  period  from  ___________________ to ___________________

Commission  File  No.  000-31021
                       ---------

                             SIBUN RIVER GROUP, INC.
                  --------------------------------------------
                 (Name of Small Business Issuer in its Charter)

Nevada                                                                76-0602958
------                                                                ----------
(State or Other Jurisdiction of                                 (I.R.S. Employer
incorporation or organization)                                Identification No)

                          Suite 210, 580 Hornby Street
                   Vancouver, British Columbia, Canada V6C 3B6
                  ---------------------------------------------
                    (Address of Principal Executive Offices)

                                 (604) 662-7000
                            ---------------------------
                            Issuer's Telephone Number

                                       N/A
                            ---------------------------
          (Former Name or Former Address, if changed since last Report)

Check  whether  the Issuer (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 12 months (or for such shorter
period  that  the  Company  was required to file such reports), and (2) has been
subject  to  such  filing  requirements  for  the  past  90  days.

                    (1)    Yes X     No     (2)    Yes X       No
                              ---      ---            ---        ---

     (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

                                 Not applicable

                     (APPLICABLE ONLY TO CORPORATE ISSUERS)

State the number of shares outstanding of each of the Issuer's classes of common
equity,  as  of  the  latest  practicable  date:

                                January 31, 2001

                            Common - 2,500,000 shares

                       DOCUMENTS INCORPORATED BY REFERENCE

A  description of any "Documents Incorporated by Reference" is contained in Item
6  of  this  Report.

    Transitional Small Business Issuer Format     Yes X          No
                                                     ---           ---


<PAGE>
PART  I  -  FINANCIAL  INFORMATION

Item  1.     Financial  Statements.

The  Financial  Statements  of the Company required to be filed with this 10-QSB
Quarterly Report were prepared by management and commence on the following page,
together  with  related  Notes.  In  the  opinion  of  management, the Financial
Statements  fairly  present  the  financial  condition  of  the  Company.

                             SIBUN RIVER GROUP, INC.
                          (A Development Stage Company)
                          INTERIM FINANCIAL STATEMENTS
                                JANUARY  31,  2001
                                   (Unaudited)


<PAGE>
<TABLE>
<CAPTION>
SIBUN  RIVER  GROUP,  INC.
(A Development Stage Company)
INTERIM  BALANCE  SHEET

                                                                  January 31,   April 30,
                                                                     2001          2000
                                                                      $             $
                                                                  (unaudited)    (audited)
<S>                                                              <C>            <C>
ASSETS

Current Assets

  Cash                                                                      -           -
------------------------------------------------------------------------------------------
Total Assets                                                                -           -
==========================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

  Accounts payable and accrued liabilities                               1,500          -
------------------------------------------------------------------------------------------

Total Liabilities                                                        1,500          -
------------------------------------------------------------------------------------------
Contingency (Note 2)

Stockholders' Equity

Common Stock: $0.001 par value; authorized 25,000,000 shares;
2,500,000 shares issued and outstanding (April 30, 2000 -
2,500,000)                                                              2,500       2,500

Additional Paid-in Capital                                                 43          43

Deficit Accumulated During the Development Stage                       (4,043)     (2,543)
------------------------------------------------------------------------------------------

Total Stockholders' Deficiency                                         (1,500)          -
------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Deficiency                              -           -
==========================================================================================
</TABLE>

(See  accompanying  Notes  to  the  Interim  Financial  Statements)


<PAGE>
<TABLE>
<CAPTION>
SIBUN  RIVER  GROUP,  INC.
(A  Development  Stage  Company)
INTERIM  STATEMENTS  OF  OPERATIONS
(Unaudited)

                                   Accumulated  From            For  the             For  the
                                    April  5,  1999        Three Months Ended    Nine Months Ended
                                (Date of Inception) to         January 31,          January 31,
                                    January 31 2001         2001       2000       2001       2000
                                          $                  $          $          $          $
<S>                             <C>                     <C>        <C>         <C>        <C>

Revenue                                             -           -          -          -          -
---------------------------------------------------------------------------------------------------

General and administrative
expenses                                        4,043           -      1,167      1,500      1,833
---------------------------------------------------------------------------------------------------

Net loss                                       (4,043)          -     (1,167)    (1,500)    (1,833)
===================================================================================================
Net Loss Per Share (Basic and
diluted)                                                     0.00       0.00       0.00       0.00
===================================================================================================
Weighted Average Number of
Shares Outstanding                                      2,500,000  2,500,000  2,500,000  2,500,000
===================================================================================================
</TABLE>

(See  accompanying  Notes  to  the  Interim  Financial  Statements)


<PAGE>
SIBUN  RIVER  GROUP,  INC.
(A  Development  Stage  Company)
INTERIM STATEMENTS OF CASH FLOWS
(Unaudited)

                                                  For the
                                             Nine Months Ended
                                                 January 31,
                                                 2001  2000
                                                  $     $

Cash Flows From Operating Activities

Net loss                                      (1,500)  (1,833)

Items not requiring outlay of cash:

  Organization costs paid by a director             -       -
  Amortization of license                           -   1,833
  License written-off                               -     500

Changes in operating assets and liabilities:

  Accounts payable and accrued liabilities       1,500      -
--------------------------------------------------------------
Net Cash Used by Operating Activities               -       -
--------------------------------------------------------------
Increase (Decrease) In Cash                         -       -

Cash at Beginning of Period                         -       -
--------------------------------------------------------------

Cash at End of Period                               -       -
==============================================================
Supplemental Disclosures

  Interest paid                                     -      -
  Income tax paid                                   -      -

(See accompanying Notes to the Interim Financial Statements)


<PAGE>
SIBUN  RIVER  GROUP,  INC.
A  Development  Stage  Company)
NOTES  TO  THE  INTERIM  FINANCIAL  STATEMENTS
January  31,  2001
(Unaudited)


NOTE  1      BASIS  OF  PRESENTATION

These  unaudited  interim  financial statements have been prepared in accordance
with  the  instructions to SEC Form 10-QSB. Accordingly, certain information and
footnote  disclosures  normally  included  in  financial  statements prepared in
accordance  with generally accepted accounting principles have been condensed or
omitted  pursuant  to  such  instructions.  These  unaudited  interim  financial
statements  should  be read in conjunction with the audited financial statements
and  notes  thereto  included  in  the  Company's  10SB  Registration Statement.

In the opinion of the Company's management, all adjustments considered necessary
for  a  fair  presentation  of these unaudited interim financial statements have
been  included  and  all  such  adjustments  are  of  a normal recurring nature.
Operating  results  for  the  nine  month  period ended January 31, 2001 are not
necessarily  indicative  of  the results that can be expected for the year ended
April  30,  2000.

NOTE  2      GOING  CONCERN

The  Company's business plan is as a 'blank check' company. Under the Securities
Act  of  1933,  a  blank check company is defined as a development stage company
that has no specific business plan or purpose or has indicated that its business
plan  is  to  engage  in a merger or acquisition with an unidentified company or
companies  and  is  issuing  'penny  stock'  securities.

These financial statements have been prepared on the basis that the Company will
continue  as  a  going  concern.  The  ability of the Company to emerge from the
development  stage  with  respect  to any planned principal business activity is
dependent  upon  its successful efforts to raise additional equity financing and
find  an  appropriate  merger  candidate. There is no assurance that the Company
will  be  able  to  raise  any  equity  financing  or find an appropriate merger
candidate.  There  is  substantial  doubt  regarding  the  Company's  ability to
continue  as  a  going  concern.  The  financial  statements  do not include any
adjustments  that  could result from management's inability to obtain a suitable
business  and  financing.


<PAGE>
Item  2.     Management's  Discussion  and  Analysis  or  Plan  of  Operation.

Plan  of  Operation
-------------------

The  Company has not engaged in any material operations or had any revenues from
operations since its inception on April 5, 1999. The Company's plan of operation
for  the  next  12  months  is  to  continue  to seek the acquisition of assets,
properties  or  businesses  that  may  benefit the Company and its stockholders.
Management  anticipates  that  to achieve any such acquisition, the Company will
issue  shares  of  its  common  stock  as  the  sole  consideration for any such
acquisition.

During the next 12 months, the Company's only foreseeable cash requirements will
relate  to  maintaining  the Company in good standing or the payment of expenses
associated with reviewing or investigating any potential business ventures. Such
funds  may  be  advanced  by management or stockholders as loans to the Company.
Because  the Company has not identified any such ventures as of the date of this
Report,  it  is  impossible to predict the amount of any such loans or advances.
However,  any  such  loans  or advances should not exceed $25,000 and will be on
terms  no  less  favourable  to  the  Company  than  would  be  available from a
commercial lender in an arm's length transaction. As of the date of this Report,
the  Company  is  not involved in any negotiations respecting any such ventures.

Results  of  Operations
-----------------------

Other  than  maintaining  its  good  corporate  standing in the State of Nevada,
seeking the acquisition of assets, properties or businesses that may benefit the
Company  and  its  stockholders,  the  Company  has  had  no  material  business
operations  since  its  inception in April 5, 1999, or during the three and nine
months  ended  January  31,  2001.

During  the  quarterly periods ended January 31, 2001, and 2000, the Company had
no  business  operations.

Liquidity
---------

The Company had no cash on hand at January 31, 2001. Management does not believe
that this will be sufficient to meet its anticipated expenses during the next 12
months.  The  Company  will  have to raise additional funds through sales of its
securities  or  through  loans  from  stockholders  or  management.


<PAGE>
PART II - OTHER INFORMATION

Item 1.   Legal  Proceedings.

          None;  not  applicable.

Item 2.   Changes  in  Securities.

          None;  not  applicable.

Item 3.   Defaults  Upon  Senior  Securities.

          None;  not  applicable.

Item 4.   Submission  of  Matters  to  a  Vote  of  Security  Holders.

          None;  not  applicable.

Item 5.   Other  Information.

          None;  not  applicable.

Item 6.   Exhibits  and  Reports  on  Form  8-K.

          None.


          DOCUMENTS  INCORPORATED  BY  REFERENCE

          None.


<PAGE>
                                   SIGNATURES

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


                                                    SIBUN  RIVER  GROUP,  INC.

Date:     February 16, 2001                         By:  /s/  Richard  Achron
         -------------------                           -------------------------
                                                       Richard Achron, President

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
this  Report  has  been  signed  below by the following persons on behalf of the
Company  and  in  the  capacities  and  on  the  dates  indicated:


Date:     February 16, 2001                         By:  /s/  Richard  Achron
         -------------------                           -------------------------
                                                       Richard Achron, President

Date:     February 16, 2001                         By:  /s/  Frank  Roberts
         -------------------                           -------------------------
                                                       Frank Roberts, Director,
                                                       Treasurer and Secretary


<PAGE>