UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 
 FORM 10-Q/A
 (Amendment No.1)
 
 x
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 For the quarterly period ended March 31, 2012
 
 OR
 
 o
TRANSITIONAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 For the transition period from _____________ to _____________
 
 Commission file number 333-171277
 
 VALOR GOLD CORP.
 (FORMERLY KNOWN AS FELAFEL CORP.)
 
 A Delaware Corporation
I.R.S. Employer No. 80-0546288
 
 ___________________________
  c/o Idan Karako
 27 Bet Hillel Street Unit 18
 Tel Aviv, Israel 67017
 Phone Number +972-54-6419419




Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
 
 Yes ýNo  ̈
 
 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
 
 Large accelerated filer o
Accelerated filer oNon-accelerated filer o
Smaller reporting company x
 (Do not check if a smaller reporting company)
 
 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  xNo o
 
 As of April 27, 2012, 77,500,002 shares of Common Stock, par value $0.0001 per share, were outstanding.
  
  Explanatory Note
 
 We are filing this Amendment No. 1 on Form 10-Q/A (this “Amendment”) to amend our Quarterly Report on Form 10-Q for the quarter ended March 31, 2012 (the “Original Filing”), as originally filed with the Securities and Exchange Commission (the “SEC”) on May 4, 2012 (the “Original Filing Date”) solely for the purpose of correcting the checked box on the cover page to indicate that we were a shell company (as defined in Rule 12b-2 of the Securities and Exchange Act of 1934 (the “Exchange Act”)) as of the Original Filing Date.
 
 Except as described above, this Amendment does not modify or update the disclosures presented in, or exhibits to, the Original Filing in any way.  Those sections of the Original Filing that are unaffected by the Amendment are not included herein.  The Amendment continues to speak as of the Original Filing Date.  Furthermore, the Amendment does not reflect events occurring after the filing of the Original Filing.  Accordingly, the Amendment should be read in conjunction with the Original Filing, as well as our other filings made with the SEC pursuant to Section 13(a) or 15(d) of the Exchange Act subsequent to the filing of the Original Filing.
  
  SIGNATURES
 
 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this quarterly report on Form 10-Q/A to be signed on its behalf by the undersigned thereunto duly authorized.
 
 VALOR GOLD CORPDate: May 30, 2012
By:
/s/ Arthur LegerName: Arthur LegerTitle: President , Chief Executive Officer and Chief Financial Officer