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| x      | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 2011 |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|
|   | OR                                                                                                                                  |
| o      | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                            |

|   | Large Accelerated Filer | o | Accelerated Filer         | o |
|--------|-------------------------|---|---------------------------|---|
|   | Non-accelerated Filer   | o | Smaller Reporting Company | x |

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TAB

|                 |                                                                                   | Page   |
|----------------------|----------------------------------------------------------------------------------------|--------|
|                 | PART I.                                                                                |   |
|                 |                                                                                   |   |
| Item 1.              | Financial Statements.                                                                  | F-1    |
|                 |                                                                                   |   |
|                 | Financial Statements:                                                                  |   |
|                 |    Balance Sheets                                                       | F-1    |
|                 |    Statements of Expenses                                               | F-2    |
|                 |    Statements of Cash Flows                                             | F-3    |
|                 |    Notes to the Financial Statements                                    | F-4    |
|                 |                                                                                   |   |
| Item 2.              | Management's Discussion and Analysis of Financial Condition and Results of Operations. | 3      |
|                 |                                                                                   |   |
| Item 3.              | Quantitative and Qualitative Disclosures About Market Risk.                            | 6      |
|                 |                                                                                   |   |
| Item 4.              | Controls and Procedures.                                                               | 6      |
|                 |                                                                                   |   |
|                 | PART II.                                                                               |   |
|                 |                                                                                   |   |
| Item 1A.   | Risk Factors.                                                                          | 6      |
|                 |                                                                                   |   |
| Item 2.              | Changes in Securities and Use of Proceeds.                                             | 7      |
|                 |                                                                                   |   |
| Item 6.              | Exhibits.                                                                              |   |
|                 |                                                                                   |   |
| Signatures           |                                                                                   | 8      |
|                 |                                                                                   |   |
| Exhibit Index        |                                                                                   |   |

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| ITEM 1. | FINANCIAL STATEMENTS. |
|---------|-----------------------|

CN 

|                                                                                                                                                                         |   | August 31, 2011 |    |   | May 31, 2011 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|---------|--------|--------------|--------|
|                                                                                                                                                                         |   |            |    |   |         |   |
| Assets                                                                                                                                                                       |   |            |    |   |         |   |
| Current assets                                                                                                                                                               |   |            |    |   |         |   |
|     Cash and cash equivalents                                                                                                                            |   | $               | 194,201 |   |         | $      | 915 |   |
|     Note Receivable                                                                                                                                      |   |            | 306,630 |   |         |   | - |   |
| Total current assets                                                                                                                                                         |   |            | 500,831 |   |         |   | 915 |   |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
| Total assets                                                                                                                                                                 |   | $               | 500,831 |   |         | $      | 915 |   |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
| Liabilities and Stockholders' Equity (Deficit)                                                                                                                               |   |            |    |   |         |   |   |   |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
| Liabilities                                                                                                                                                                  |   |            |    |   |         |   |   |   |
| Current Liabilities                                                                                                                                                          |   |            |    |   |         |   |   |   |
|     Accounts payable                                                                                                                                     |   |            | 5,718   |   |         |   | 3,718 |   |
|     Due to director                                                                                                                                      |   |            | 59,646  |   |         |   | 38,800 |   |
| Total current liabilities                                                                                                                                                    |   |            | 65,364  |   |         |   | 42,518 |   |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
| Stockholders' equity (deficit)                                                                                                                                               |   |            |    |   |         |   |   |   |
|     Preferred stock,100,000,000 shares authorized    with $0.00001par value, none issued                                             |   |            | -       |   |         |   | - |   |
|     Common stock,100,000,000 of shares authorized    with $0.00001par value,26,100,000 issued and    outstanding |   |            | 711     |   |         |   | 211 |   |
|     Additional paid-in capital                                                                                                                           |   |            | 514,489 |   |         |   | 14,989 |   |
|     Accumulated deficit during the development stage                                                                                                     |   |            | (80,312 | )      |         |   | (56,803 | ) |
|     Other comprehensive Income                                                                                                                           |   |            | 579     |   |         |   | - |   |
| Total stockholders' equity (deficit)                                                                                                                                         |   |            | 435,467 |   |         |   | (41,603 | ) |
|                                                                                                                                                                         |   |            |    |   |         |   |   |   |
| Total liabilities and stockholders' equity (deficit)                                                                                                                         |   | $               | 500,831 |   |         | $      | 915 |   |

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CN RESOURCES 

|                                                          |   |   For the Three Months Ended |       |   | Inception(May 18, 2010) |   |
|---------------------------------------------------------------|--------|-----------------------------------|------------|--------|-------------------------|--------|
|                                                          |   | August 31                         |       |   | August 31               |   |   | to |   |
|                                                          |   | 2011                              |       |   | 2010                    |   |   | August 31, 2011 |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |
| Expenses                                                      |   |                              |       |   |                    |   |   |   |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |
|     Bank service charge                   |   | $                                 | 65         |   |                    | $      | 30 |   |   | $ | 173 |   |
|     Management fee                        |   |                              | 6,000      |   |                    |   | - |   |   |   | 6,000 |   |
|     Professional fees                     |   |                              | 10,845     |   |                    |   | 4,010 |   |   |   | 45,470 |   |
|     General and administrative expenses   |   |                              | 9,687      |   |                    |   | - |   |   |   | 31,757 |   |
| Total expenses                                                |   |                              | 26,597     |   |                    |   | 4,040 |   |   |   | 83,400 |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
| Interest income                                               |   |                              | 3,088      |   |                    |   | - |   |   |   | 3,088 |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
| Net loss                                                      |   | $                                 | (23,509    | )      |                    | $      | (4,040 | ) |   | $ | (80,312 | ) |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
| Loss per common share - basic and diluted                     |   | $                                 | (0.00      | )      |                    | $      | (0.00 | ) |   |   |   |   |
|                                                          |   |                              |       |   |                    |   |   |   |   |   |   |   |
| Weighted average common sharesoutstanding - basic and diluted |   |                              | 23,800,929 |   |                    |   | 21,100,000 |   |   |   |   |   |

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CN

|                                                                                                                      |   |                       |     |   |            |   |   | InceptionMay 18, 2010 |   |
|---------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|----------|--------|-----------------|--------|--------|-----------------------|--------|
|                                                                                                                      |   | For the three months ended |     |   | to              |   |
|                                                                                                                      |   | August 31, 2011            |     |   | August 31, 2010 |   |   | August 31, 2011       |   |
|                                                                                                                      |   |                       |     |   |            |   |   |                  |   |
| Cash Flows From Operating Activities                                                                                      |   |                       |     |   |            |   |   |                  |   |
|     Net Loss                                                                                          |   | $                          | (23,509  | )      |            | $      | (4,040 | )                     |   | $ | (80,312 | ) |
|     Adjustments to reconcile net loss to net cash    used in operating activities |   |                       |     |   |            |   |   |                  |   |   |   |   |
|     Changes in operating assets and liabilities                                                       |   |                       |     |   |            |   |   |                  |   |   | - |   |
|     Accounts payable                                                                                  |   |                       | 2,000    |   |            |   | 2,010  |                  |   |   | 5,718 |   |
|     Net cash used in operating activities                                                             |   |                       | (21,509  | )      |            |   | (2,030 | )                     |   |   | (74,594 | ) |
|                                                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
| Cash Flows from Investing Activities                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
|     Cash paid for note receivable                                                                     |   |                       | (306,630 | )      |            |   | -      |                  |   |   | (306,630 | ) |
|     Net cash used in investing activities                                                             |   |                       | (306,630 | )      |            |   | -      |                  |   |   | (306,630 | ) |
|                                                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
|                                                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
| Cash Flows from Financing Activities                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
|     Payable to related party                                                                          |   |                       | 20,846   |   |            |   | -      |                  |   |   | 59,646 |   |
|     Accounts payable                                                                                  |   |                       | -        |   |            |   | -      |                  |   |   |   |   |
|     Proceeds from common stock issued                                                                 |   |                       | 500,000  |   |            |   | -      |                  |   |   | 515,200 |   |
|     Net cash provided by financing activities                                                         |   |                       | 520,846  |   |            |   | -      |                  |   |   | 574,846 |   |
|                                                                                                                      |   |                       |     |   |            |   |   |                  |   |   |   |   |
|     Effect of change in exchange rates on cash                                                        |   |                       | 579      |   |            |   | -      |                  |   |   | 579 |   |
| Net increase (decrease) in cash and cash equivalents                                                                      |   |                       | 193,286  |   |            |   | (2,030 | )                     |   |   | 194,201 |   |
| Cash and cash equivalents, beginning of the period                                                                        |   |                       | 915      |   |            |   | 15,200 |                  |   |   | - |   |
| Cash and cash equivalents, end of the period                                                                              |   | $                          | 194,201  |   |            | $      | 13,170 |                  |   | $ | 194,201 |   |

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CN RESOURCES 

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| ITEM 2. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. |
|---------|----------------------------------------------------------------------------------------|

|           |   | $ | 500,000 |   |
|----------------|--------|---|---------|--------|
| Gross proceeds |   | $ | 500,000 |   |
| Net proceeds   |   | $ | 500,000 |   |

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| Claim Acquisition     |   | $ | 150,000 |   |
|-----------------------|--------|---|---------|--------|
| Exploration           |   | $ | 200,000 |   |
| Geological Consultant |   | $ | 50,000  |   |
| Reclamation           |   | $ | 15,000  |   |
| Working capital       |   | $ | 85,000  |   |

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| ITEM 3. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. |
|---------|-------------------------------------------------------------|

| ITEM 4. | CONTROLS AND PROCEDURES. |
|---------|--------------------------|

| ITEM 1. | LEGAL PROCEEDINGS |
|---------|-------------------|

| ITEM 1A. | RISK FACTORS |
|----------|--------------|

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| ITEM 2. | CHANGES IN SECURITIES AND USE OF PROCEEDS |
|---------|-------------------------------------------|

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SIGN

|                                           | CN RESOURCES INC. |                                                        |
|------------------------------------------------|-------------------|-------------------------------------------------------------|
|                                           |              |                                                        |   |
| Date:    November 28, 2011 | By:               | /s/ Oliver Xing                                        |   |
|                                           |              | Oliver Xing                                                 |   |
|                                           |              | Principal Executive Officer and Principal Financial Officer |   |
|                                           |              |                                                        |   |

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