UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                       Reliant Home Warranty Corporation

FORM 10-QSB

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

                  For the quarterly period ended June 30, 2005
                                                 -------------

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

     For the transition period from _________________ to _________________

                        Commission file number 000-29827
                                               ----------

                       RELIANT HOME WARRANTY CORPORATION
       -----------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)



           Florida                                        65-0656668
-------------------------------                ---------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
incorporation or organization)

                         Suite 700, 200 Yorkland Blvd.
                       Toronto, Ontario, Canada, M2J 5C1
                      ------------------------------------
                    (Address of principal executive offices)

                                  416 445-9500
    -----------------------------------------------------------------------
                          (Issuer's telephone number)


                      APPICABLE 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:  August  15,  2005 - 78,019,774
                                            ------------------------------


<PAGE>


                           ITEM 1 FINANCIAL STATEMENTS



                       RELIANT HOME WARRANTY CORPORATION
                         (Formerly Dialex Mineral Inc)


                              FINANCIAL STATEMENTS


                            FOR THE SIX MONTH PERIOD
                              ENDED JUNE 30, 2005












                                            CONTENTS
                                            Balance Sheet
                                            Statement of Shareholders' Deficit
                                            Statement of Earnings
                                            Statement of Cash Flows
                                            Notes to Financial Statements



<PAGE>
                        RELIANT HOME WARRANTY CORPORATION
                         (FORMERLY DIALEX MINERALS INC.)

                        CONSOLIDATED FINANCIAL STATEMENTS

              FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2005 AND 2004






                                    CONTENTS

Report of Independent Registered Public Accounting Firm                      1

Consolidated Balance Sheets                                                  2

Consolidated Statements of Changes in Stockholders' Deficiency               3

Consolidated Statements of Operations                                        4

Consolidated Statements of Cash Flows                                        5

Notes to Consolidated Financial Statements                              6 - 11


<PAGE>


REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Stockholders of
Reliant Home Warranty Corporation

     We have reviewed the accompanying  interim  consolidated  balance sheet and
statements  of changes in  stockholders'  deficiency  of Reliant  Home  Warranty
Corporation  (Formerly Dialex Minerals Inc.) as at June 30, 2005 and the related
consolidated  statements of operations and cash flows for the six-month  periods
ended  June 30,  2005 and  2004.  These  interim  financial  statements  are the
responsibility of the Company's management.

     We  conducted  our review in  accordance  with the  standards of the Public
Company  Accounting  Oversight  Board  (United  States).  A  review  of  interim
financial information consists principally of applying analytical procedures and
making inquiries of persons responsible for financial and accounting matters. It
is  substantially  less in scope than an audit  conducted in accordance with the
standards of the Public Company  Accounting  Oversight  Board,  the objective of
which is the expression of an opinion  regarding the financial  statements taken
as a whole. Accordingly, we do not express such an opinion.

     Based on our review,  we are not aware of any material  modifications  that
should be made to the interim financial statements referred to above for them to
be in conformity with  accounting  principles  generally  accepted in the United
States of America.

     We have previously  audited, in accordance with the standards of the Public
Company  Accounting  Oversight Board (United States),  the consolidated  balance
sheet of Reliant Home  Warranty  Corporation  as at December  31, 2004,  and the
related consolidated statements of operations, stockholder's deficiency and cash
flows  for the  year  then  ended.  The  auditor's  report  on  those  financial
statements includes an explanatory  paragraph referring to the matters in Note 2
of  those   financial   statements  and  indicated  that  these  matters  raised
substantial doubt about the Company's ability to continue as a going concern. As
indicated in Note 2 of the Company's  unaudited interim financial  statements as
of June  30,  2005,  the  Company  has not  secured  additional  debt or  equity
financing  and has no long-term  contracts  related to its business  plans.  The
accompanying interim financial information does not include any adjustments that
might result from the outcome of this uncertainty.


                                          /s/ "SF Partnership, LLP"
                                          ----------------------------------
Toronto, Canada                           CHARTERED ACCOUNTANTS
August 5, 2005

                                      -2-
<PAGE>
<TABLE>
<CAPTION>
RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Consolidated Balance Sheets
June 30, 2005 and  December 31, 2004
(Expressed in United States Dollars)
                                                          As at          As at
                                                         June 30,     December 31,
                                                           2005          2004
                                                       -----------    -----------
                                                       (Unaudited)     (Audited)
                                     ASSETS
                                     ------
<S>                                                    <C>            <C>
Current
    Cash                                               $     7,345    $      --

    Accounts receivable                                        354           --
                                                       -----------    -----------

                                                             7,699           --

Intangible Asset                                             4,932           --

Assets of Discontinued Operations (note 4)                    --        1,364,002
                                                       -----------    -----------

                                                       $    12,631    $ 1,364,002
                                                       -----------    -----------
                                   LIABILITIES
                                   -----------

Current
    Accounts payable                                   $    44,828    $   209,964
    Advances from related companies (note 6)                56,892         16,189
    Liabilities of discontinued operations (note 4)           --          370,400
                                                       -----------    -----------


                                                           101,720        596,553
                                                       -----------    -----------

                            STOCKHOLDERS' DEFICIENCY

Capital Stock  (note 5)                                    154,048         78,048
Additional Paid-In Capital                               5,257,260      5,323,396
Accumulated Deficit                                     (5,500,397)    (4,633,995)
                                                       -----------    -----------

                                                           (89,089)       767,449
                                                       -----------    -----------

                                                       $    12,631    $ 1,364,002
                                                       -----------    -----------
</TABLE>
APPROVED ON BEHALF OF THE BOARD
/s/ Kevin Hamilton                        /s/ Val Guilis
----------------------------------        --------------------------------------
       Director                                 Director

                  (The accompanying notes are an integral part
                  of these consolidated financial statements)

                                      -3-
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Consolidated Statements of Changes in Stockholders' Deficiency
Period Ended  June 30, 2005
(Expressed in United States Dollars)
(Unaudited)
<TABLE>
<CAPTION>


                                     Common Stock                          Additional       Total
                              --------------------------     Paid-In       Accumulated   Stockholders'
                                  Shares      Par Value      Capital        Deficit         Equity
                              -----------    -----------   -----------    ------------    -----------

<S>                             <C>          <C>           <C>            <C>            <C>
Deficit - December 31, 2003       169,751    $    37,344   $ 3,847,462    $(4,693,637)   $  (808,831)
                              ===========    ===========   ===========    ============    ===========
Acquisition of Condor
   Diamond                      1,545,454         34,000       953,143           --          987,143

Issuance of shares
   for property                    20,455            450        45,704           --           46,154

Issuance of shares
   for services                   272,920          6,004       452,337           --          458,341

Issuance of shares
   for services                    11,364            250        24,750           --           25,000

Foreign exchange on
   translation                       --             --            --             --            9,842

 Net earnings                        --             --            --          59,642          49,800
                              -----------    -----------   -----------    -----------    -----------


Deficit - December 31, 2004     2,019,944    $    78,048   $ 5,323,396    $(4,633,995)   $   767,449
                              ===========    ===========   ===========    ===========    ===========

Acquisition of 1604494
   Ontario Inc.                76,000,000         76,000      (66,136)           --            9,864

Net loss three-month
   period ended June
   30, 2005                          --             --           --          (866,402)      (866,402)
                              -----------    -----------   -----------    -----------    -----------

Balance, June 30, 2005         78,019,944    $    154,048  $ 5,257,260    $(5,500,397)   $   (89,089)


</TABLE>
                  (The accompanying notes are an integral part
                  of these consolidated financial statements)

                                     - 4 -

<PAGE>

<TABLE>
<CAPTION>
RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Consolidated Statements of Operations
(Expressed in United States Dollars)
(Unaudited)

                                                    Three Months Ended June 30,    Six Months Ended June 30,
                                                        2005          2004           2005           2004
                                                    -----------    -----------    -----------    -----------
<S>                                                 <C>            <C>            <C>            <C>
Revenue                                             $      --      $      --      $      --      $      --

Cost of Sales                                              --             --             --             --
                                                    -----------    -----------    -----------    -----------


Gross Profit                                               --             --             --             --
                                                    -----------    -----------    -----------    -----------

Operating Expenses
    Management fees                                        --           47,880           --          118,166
    Consulting                                             --             --           10,598         17,343
    General and administrative                           13,870          9,398         17,913         21,605
    Professional fees                                     3,001          4,598         27,331         25,969
                                                    -----------    -----------    -----------    -----------


Total Operating Expenses                                 16,871         61,876         55,842        183,083
                                                    -----------    -----------    -----------    -----------


Loss from Continuing Operations                         (16,871)       (61,876)       (55,842)      (183,083)
                                                    -----------    -----------    -----------    -----------


Discontinued Operations
    Results from discontinued operations (note 4)          --             --          810,560           --
                                                    -----------    -----------    -----------    -----------


Net Loss                                            $   (16,871)   $   (61,876)   $  (866,402)   $  (183,083)

    Loss from continuing operations                 $      --      $    (0.03)    $      --      $     (0.09)
    Loss from discontinued operations                      --             --            (0.02)           --
                                                    -----------    -----------    -----------    -----------
Net Loss per Common Share - Basic and Diluted       $      --      $    (0.03)    $     (0.02)   $     (0.09)

Weighted Average Number of Common Shares - Basic     78,019,944     2,008,583      43,169,115      2,008,583
</TABLE>

                  (The accompanying notes are an integral part
                  of these consolidated financial statements)

                                      -5-

<PAGE>
<TABLE>
<CAPTION>
RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Consolidated Statements of Cash Flows
Six Months Ended June 30, 2005 and 2004
(Expressed in United States Dollars)
(Unaudited)
                                                                        June 30,       June 30,
                                                                          2005           2004
                                                                      -----------    -----------
<S>                                                                   <C>            <C>
Cash Flows from Operating Activities
    Net loss                                                          $   (55,842)   $  (183,083)

    Adjustments to reconcile net loss to net cash used in operating
       activities
       Accounts receivable                                                   (354)          --
       Accounts payable                                                    17,906       (205,811)
       Surplus of acquired subsidiary                                        --          123,010
       Issuance of shares for services                                       --          428,756
       Deposits                                                              --           71,429
       Advances from related companies                                     40,703        207,965
                                                                      -----------    -----------

                                                                            2,413        442,266
                                                                      -----------    -----------

Results from Discontinued Operations                                     (810,560)          --
    Items not affecting cash:
       Loss on disposal of assets                                       1,364,002           --
       Gain on write off of liabilities                                  (183,042)          --
                                                                      -----------    -----------

                                                                          370,400           --

    Liabilities of discontinued operations                               (370,400)          --
                                                                      -----------    -----------
Cash Flows from Investing Activities
    Investment in mining properties                                          --         (442,266)
    Purchase of intangible assets                                           4,932           --
                                                                      -----------    -----------


                                                                            4,932       (442,266)
                                                                      -----------    -----------

Net Increase in Cash                                                        7,345           --

Cash - beginning of  year                                                    --             --
                                                                      -----------    -----------

Cash - end of year                                                    $     7,345    $      --
                                                                      -----------    -----------


Supplemental Cash Flow Information
    Interest paid                                                     $      --      $      --
    Income taxes paid                                                 $      --      $      --
                                                                      -----------    -----------
</TABLE>

                  (The accompanying notes are an integral part
                  of these consolidated financial statements)

                                      -6-
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004

1.   Description of Business

     Reliant Home Warranty  Corporation  (Formerly  Dialex  Minerals  Inc.) (the
     "Company")  was  incorporated  in the State of Florida on December 18, 1995
     under the trade name of Ronden Vending Corp.

     On March 24, 2005, the Company entered into a stock exchange agreement with
     BSA Group  Limited,  in trust as trustee  for the  stockholders  of 1604494
     Ontario Inc. Under this agreement the Company  exchanged  76,000,000 common
     shares  for 100% of the issued and  outstanding  stocks of 1604494  Ontario
     Inc. As a result of the stock  exchange the Company  obtained  control over
     1604494  Ontario Inc.  Legally the Company is the parent of 1604494 Ontario
     Inc., however,  as a result of the stock exchange,  control of the combined
     companies  passed to the  stockholders of 1604494  Ontario Inc.,  which for
     accounting purposes is deemed to be the acquirer.

     Upon  completion of the stock  exchange,  the Company changed the nature of
     its  business  and now offers a  proprietary  line of Home  Value  Warranty
     Programs,  designed  for sale to  purchasers  of  residential  real  estate
     (single family homes and condominiums).

2.   Going Concern

     These financial statements have been prepared in accordance with accounting
     principles  generally  accepted  in the United  States of America  with the
     assumption  that  the  Company  will be  able to  realize  its  assets  and
     discharge its liabilities in the normal course of business.

     The Company has sustained operating losses of $866,402 (2004: $183,083) and
     has a working capital deficiency of $89,089 (2004: $596,553). The Company's
     continuation  as a going concern is uncertain and dependant on successfully
     bringing its services to market, achieving future profitable operations and
     obtaining  additional  sources of financing to sustain its operations,  the
     outcome of which cannot be predicted at this time.

     The  financial  statements  do not include any  adjustments  to reflect the
     possible future effects on the  recoverability and classification of assets
     or the amounts and  classification  of liabilities that may result from the
     possible inability of the Company to continue as a going concern.

                                      -7-
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004

3.   Basis of  Financial  Statement  Presentation  and  Summary  of  Significant
     Accounting Policies

     Basis of Financial Statement Presentation

     The accompanying  unaudited interim financial statements have been prepared
     in accordance with accounting  principles  generally accepted in the United
     States of America for interim financial information and the requirements of
     item  310 (b) of  Regulation  S-B.  Accordingly,  certain  information  and
     disclosures   normally  included  in  financial   statements   prepared  in
     accordance  with  accounting  principles  generally  accepted in the United
     States of America have been condensed or omitted  pursuant to the rules and
     regulations  of the  Securities  and  Exchange  Commission.  The  financial
     statements  reflect  adjustments   (consisting  only  of  normal  recurring
     adjustments), which, in the opinion of management, are necessary for a fair
     presentation  of the results for the periods  presented.  The results  from
     operations  for the  interim  periods  are not  indicative  of the  results
     expected for the full fiscal year or any future period.

     Summary of Significant Accounting Policies

a)   Basis of Consolidation

     The stock  exchange  between the Company and 1604494  Ontario Inc. has been
     recorded as the recapitalization of the Company, with the net assets of the
     Company brought  forward at their  historical  basis.  The intention of the
     management  of 1604494  Ontario  Inc. was to acquire the Company as a shell
     company listed on NASDAQ. Management does not intend to pursue the business
     of the Company and  accordingly  has changed the nature of the  business as
     described  in  Note  1.  As  such,   accounting   for  the  merger  as  the
     recapitalization of the Company is deemed appropriate.

b)   Unit of Measurement

     The United  States  currency  is being used as the unit of  measurement  in
     these financial statements.

c)   Cash and Cash Equivalents

     Cash and cash  equivalents  consist of cash on hand and cash deposited with
     financial  institutions,  including money market  accounts,  and commercial
     paper purchased with an original maturity of three months or less.

d)   Concentration of Cash

     The Company at times maintains cash balances in accounts that are not fully
     federally insured.  Uninsured balances as of June 30, 2005 were nil (2004 -
     nil).
                                      -8-
<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004

3.   Basis of  Financial  Statement  Presentation  and  Summary  of  Significant
     Accounting Policies (cont'd)

e)   Income (Loss) Per Common Share

     Income (loss) per common share is computed on the weighted  average  number
     of common or common equivalent shares  outstanding  during each year. Basic
     Earnings-Per-Share  ("EPS") is computed as net income (loss)  applicable to
     common  stockholders'  divided  by the  weighted  average  number of common
     shares  outstanding  for the period.  Diluted EPS  reflects  the  potential
     dilution that could occur from common shares issued  through stock options,
     warrants,  and  other  convertible  securities  when  the  effect  would be
     dilutive.

f)   Intangible Assets

     Intangible Assets with an indefinite life are accounted for at cost and are
     tested for impairment  annually or more  frequently if events or changes in
     circumstances indicate that the assets might be impaired. When the carrying
     amount  exceeds the fair value,  an  impairment  loss is  recognized in the
     statement of earnings in amount equal to the excess.

g)   Use of Estimates

     Preparation  of  financial   statements  in  accordance   with   accounting
     principles  generally  accepted  in the United  States of America  requires
     management  to make  estimates  and  assumptions  that  affect the  amounts
     reported  in the  financial  statements  and  related  notes  to  financial
     statements.  These  estimates are based on  management's  best knowledge of
     current events and actions the Company may undertake in the future.  Actual
     results may ultimately differ from estimates,  although management does not
     believe such changes will materially affect the financial statements in any
     individual year.

h)   Recent Accounting Pronouncements

     In November  2004,  the FASB issued  SFAS No.  151,  "Inventory  Costs - an
     amendment of ARB No. 43, Chapter 4" (Statement  151). This statement amends
     the guidance in ARB No. 43, Chapter 4, "Inventory  Pricing," to clarify the
     accounting for abnormal amounts of idle facility expense, freight, handling
     costs,  and wasted  material  (spoilage).  As  currently  worded in ARB 43,
     Chapter 4, the term "so abnormal" was not defined and its application could
     lead to unnecessary noncomparability of financial reporting. This Statement
     eliminates  that  term and  requires  that  those  items be  recognized  as
     current-period charges regardless of whether they meet the criterion of "so
     abnormal." In addition,  this Statement  requires that  allocation of fixed
     production  overhead  to the  costs of  conversion  be based on the  normal
     capacity of the production  facilities.  The adoption of Statement 151 will
     not  have  a  material  impact  on  the  Company's  consolidated  financial
     statements.
                                      -9-

<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004


3.   Basis of  Financial  Statement  Presentation  and  Summary  of  Significant
     Accounting Policies (cont'd)

h)   Recent Accounting Pronouncements (cont'd)

     In December 2004, the FASB issued SFAS No. 153,  "Exchanges of Non-monetary
     Assets  - an  amendment  of APB  Opinion  No.  29"  (Statement  153).  This
     Statement  amends  Opinion 29 to eliminate the  exception for  non-monetary
     exchanges  of  similar  productive  assets and  replaces  it with a general
     exception for exchanges of non-monetary  assets that do not have commercial
     substance.  A non-monetary  exchange has commercial substance if the future
     cash flows of the entity are expected to change  significantly  as a result
     of the exchange. The adoption of FAS 153 will not have a material impact on
     the Company's consolidated financial statements.

     In December 2004, the FASB issued a revision to SFAS No. 123,  "Share-Based
     Payment"  (Statement  123).  This  Statement  requires  a public  entity to
     measure the cost of employee  services received in exchange for an award of
     equity  instruments  based on the grant-date  fair value of the award (with
     limited  exceptions).  That cost will be recognized  over the period during
     which the employee is required to provide service in exchange for the award
     requisite service period (usually the vesting period). No compensation cost
     is recognized for equity  instruments for which employees do not render the
     requisite  service.  Employee  share  purchase  plans  will not  result  in
     recognition  of  compensation  cost if certain  conditions  are met;  those
     conditions  are much the same as the related  conditions in Statement  123.
     This Statement is effective for public entities that do not file as a small
     business  issuers  as of the  beginning  of the  first  interim  or  annual
     reporting period that begins after June 15, 2005. This Statement applies to
     all  awards  granted  after  the  required  effective  date  and to  awards
     modified,  repurchased, or cancelled after that date. The cumulative effect
     of initially  applying  this  Statement,  if any, is  recognized  as of the
     required  effective  date and is not expected to have a material  impact on
     the Company's consolidated financial statements.

     In  March  2005,  the  FASB  issued  FSP No.  46(R)-5,  "Implicit  Variable
     Interests under FASB Interpretation No. ("FIN") 46 (revised December 2003),
     Consolidation  of Variable  Interest  Entities" ("FSP FIN 46R-5").  FSP FIN
     46R-5 provides  guidance for a reporting  enterprise on whether it holds an
     implicit  variable  interest  in  Variable  Interest  Entities  ("VIEs") or
     potential VIEs when specific conditions exist. This FSP is effective in the
     first  period  beginning  after  March  3,  2005  in  accordance  with  the
     transition provisions of FIN 46 (Revised 2003),  "Consolidation of Variable
     Interest Entities -- an Interpretation of Accounting  Research Bulletin No.
     51" ("FIN 46R").  The Company has  determined  that the adoption of FSP FIN
     46R-5 will not have an impact on its results of  operations  and  financial
     condition.
                                      -10-

<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004

4.   Discontinued Operations

     On  February  2,  2005,  the  Company  divested  of all of the  issued  and
     outstanding  shares of its wholly owned subsidiary  Condor Diamond Corp. to
     Condor Gold Corp. in consideration of any and all liabilities  owing by the
     Company to Condor Gold Corp. and its directors and officers.

     The results of the discontinued operations are follows:
<TABLE>
<CAPTION>
                                                                        2005              2004
                                                                   ------------       ------------

<S>                                                                <C>                <C>
        Revenue                                                    $       --         $      --
        Operating loss from discontinued operations                        --                --
        Loss on discontinued operations                                (810,560)             --
--------------------------------------------------------------------------------------------------

        Loss from discontinued operations                          $   (810,560)      $      --
--------------------------------------------------------------------------------------------------
</TABLE>


     The were no discontinued operations in the first two quarters of 2004.


5.   Capital Stock
<TABLE>
<CAPTION>

        Authorized
          100,000,000     Common shares, par value of $0.001 per share
           25,000,000     Preferred shares, par value of $0.001 per share

<S>                                                                       <C>                  <C>
                                                                     June 30,         December 31,
                                                                       2005                2004
                                                                   ------------       ------------
        Issued
           78,019,944     Common shares (2004 - 44,188,816)        $    154,048       $    78,048
--------------------------------------------------------------------------------------------------
</TABLE>


     On  February  2,  2005,  the  Company  undertook  a  reverse  split  of its
     outstanding  common shares on the basis of one new share for twenty-two old
     shares,  thereby reducing its outstanding  common shares from 44,438,786 to
     2,019,945  prior to the  acquisition of a subsidiary  company.  The reverse
     split has retroactively  been taken into  consideration in the consolidated
     financial statements and in the calculation of earnings per share.

     On March 24, 2005,  pursuant to a Stock Exchange  Agreement,  the BSA Group
     Limited,  in trust for the shareholders of 1604494 Ontario Inc., an Ontario
     private company, acquired control of the Company by acquiring from treasury
     76,000,000  shares of the  Company  in  exchange  for all of the issued and
     outstanding shares of 1604494 Ontario Inc.
                                     -11-

<PAGE>

RELIANT HOME WARRANTY CORPORATION
(FORMERLY DIALEX MINERALS INC.)
Notes to Consolidated Financial Statements
June 30, 2005 and 2004

6.   Advances from Related Companies

     Advances  from  related  companies  are non  interest  bearing  and have no
     specific terms of repayment.


7.   Comparative Information

     Certain  figures for the prior year have been  reclassified to conform with
     the current year's financial statement presentation.


                                      -12-
<PAGE>

ITEM 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

General
-------

The  information in this section should be read together with the  consolidated,
unaudited  interim  financial  statements  that are  included  elsewhere in this
Form10-QSB.  These interim  financial  statements do not contain all disclosures
required under generally  accepted  accounting  principles for annual  financial
statements  and should  therefore  be read in  conjunction  with the most recent
annual financial  statements.  The significant  accounting  policies follow that
ofthe most recently reported annual financial statements.

Company History
---------------

Reliant Home Warranty  Corporation (the "Company" or "Reliant") was incorporated
in the State of Florida on December 18, 1995, as Ronden Vending Corp on December
24, 1996;  the Company  incorporated  a wholly owned  subsidiary  called  Ronden
Acquisition,  Inc a Florida  corporation.  Ronden  Acquisition Inc., then merged
with  Video  Home  Shopping,   Inc.  (a  Tennessee   corporation),   and  Ronden
Acquisition,  Inc., was the surviving Florida  Corporation.  In 1996, Video Home
Shopping,  Inc was a network marketing and distribution  company which offered a
wide range of  products  and  services to  consumers  through the medium of vide
tape.  After the merger,  however,  the Company decided not to continue with the
network  marketing and  distribution  operations of Video Home Shopping,  Inc of
Tennessee.

On  January  9,  1997,  articles  of merger  were  filed for the  Company as the
surviving  corporation  of a merger  between the  Company  and its wholly  owned
subsidiary,  Ronden  Acquisitions,  Inc. This  completed the forward  triangular
merger between Video Home Shopping, Inc Ronden Acquisitions Inc and the Company.
On January 9, 1997,  articles of amendment  were filed to change the name of the
Company from Ronden  Vending  Corp. to VHS Network,  Inc. On April 9, 1997,  the
Company incorporated VHS Acquisitions, Inc. as a wholly owned subsidiary.

In April  1997,  the  Company  was  restructured  by way of a reverse  take-over
involving its wholly owned subsidiary, VHS Acquisitions, Inc. a Florida company,
and VHS Network, Inc., a Manitoba, Canada controlled Private Corporation.

On April 12, 2000, the Company acquired all of the outstanding  common shares of
China- eMall  Corporation,  an Ontario private  company.  This represents a 100%
voting interest in China-eMall Corporation.

On December 1, 2001 the Company  acquired all the  outstanding  common shares of
TrueNet Enterprise Inc., an Ontario private company.

On September 22, 2003 the Company  changed its name to Dialex  Minerals Inc. and
completed a reverse  split of its issued and  outstanding  common  shares on the
basis of ten (10) common shares for one (1) new common share.

On February 9, 2004,  the Company  completed  a  transaction  acquiring  all the
outstanding shares of Condor Diamond Corp. an Ontario private company.

                                      -13-
<PAGE>
On February 2, 2005,  pursuant to a Stock Exchange  Agreement and a registration
statement  filed on Form 14-3 with the Securities and Exchange  Commission,  the
Company  changed its name from Dialex  Minerals  Inc. to Reliant  Home  Warranty
Corporation  and undertook a reverse split of its  outstanding  common shares on
the basis of one (1) new share  for  twenty-two  (22) old  shares  reducing  its
outstanding  common shares from 44,438,786 to 2,019,945 prior to the acquisition
of 1604494 Ontario Inc.

On March 16, 2005 Sandro  Sordi in Trust  acquired  control of the  Company,  by
acquiring  a  majority  of the  issued and  outstanding  shares of the  Company,
through the execution of a share  purchase  agreement  with Condor Gold Corp and
RTO Zarex Ltd.

Effective  March  23,  2005 and  prior to the  approval  of the  Stock  Exchange
Agreement,  the former directors of the Corporation,  Alexander Stewart, Wallace
Stonehouse,  Kirk  Boyd,  Stephen  Stewart  and Neil  Novak,  resigned  upon the
appointment of new directors,  Kevin Hamilton,  Valeri Guilis, Boyd Soussana and
the Honourable  John Roberts.  Kevin Hamilton was discharged  from 2003 personal
bankropcy in December  2004. On March 24, 2005,  pursuant to the Stock  Exchange
Agreement,  The BSA Group  Limited  ("BSA"),  in trust for the  shareholders  of
1604494  Ontario  Inc.,  an Ontario  private  company,  acquired  control of the
Company by acquiring from treasury  76,000,000 shares of the Company in exchange
for all of the issued and  outstanding  shares of 1604494 Ontario Inc. The total
amount of issued and  outstanding  shares in the Company  thereby  increased  to
78,019,945.

Coincident with acquisition of the home warranty insurance business, Corporation
divested all of issued and  outstanding  shares,  of Condor  Diamond  Corp.  the
Corporation  wholly-owned  subsidiary to Condor Gold Corp., in  consideration in
return of any and all liabilities  owing by the Corporation to Condor Gold Corp.
and its directors and officers.

The Company has changed the nature of its business and now offers a  proprietary
line of Home  Value  Warranty  Programs,  designed  for  sale to  purchasers  of
residential real estate (single family homes and  condominiums).  On April 21st,
2005,  the  Company  entered  into  Letter  of  Intent  with  Creditorlife  Inc.
respecting  the  comprehensive  marketing of the Company's  proprietary  line of
products.

On May 19th, 2005 the Company  announced to the public,  the media and the trade
the full extent of its new range of it's products.

On May 21st,  2005, the Company  entered into a  comprehensive  Letter of Intent
with Brit  Insurance  respecting  the full  reinsurance by Brit of the Company's
range of products.

On June 20th,  2005 the Company  entered into a  comprehensive  Letter of Intent
with  Dundee  Securities  respecting  Dundee's  acting as the  Company's  fiscal
advisor.

Going Concern
-------------

The  Company  is in the  process of  commercially  exploiting  its  intellectual
property as well as evaluating and acquiring other intellectual property,  which
is a  commercial  fit for the  Company.  As a result,  the  Company  has not yet
generated a profit from its operations.  The Company's continued existence,  and
its ability to continue as a going  concern will be funded by a  combination  of
operational cash flow as well as additional capital that it anticipates rising.
Company has negative working capital.

Goals and Objectives
--------------------

The Company is engaged in marketing a series of  proprietary  home  warranty and
equity protection programs.
                                      -14-
<PAGE>
Cash Requirements
-----------------

The  Company  intends to meet its cash  requirements  through a  combination  of
operational cash flow as well as sales of its securities.

Operations
----------

Results for Six Months Ended June 30, 2005
---------------------------------------------

For both the six-month periods ended June 30, 2005 and 2004 we had no revenues.

Operating  Expenses  for the six months  ending  June 30,  2005 were  $55,842 as
compared to $183,083  for the six months  ended June 30,  2004,  reflecting  the
acquisition  and  consolidation  of 1604494 Ontario Inc, and divesting of Condor
Diamond Corp. All  non-essential  expenses have been  eliminated in an effort to
reduce operating losses.

Liquidity and Capital Resources
-------------------------------

Revenues for the six months  period ended June 30, 2005 were $NIL as a result of
no activity in the company properties. The ability of the Company to continue as
a going concern is dependent on its ability to generate  sales,  obtain  capital
funding and seek other joint ventures and alliances with third parties.

Changes in Financial Position
-----------------------------

Total  liabilities  decreased  to  $101,720  on June 30,  2005 from  $596,553 on
December  31,  2004 as a result  of the  divesting  Condor  Diamond  Corp  and.,
reduction in trade payables with the settlement of a dispute with a supplier and
write-down of related party notes and advances.  Shareholders'  equity decreased
from $767,449 on December 31, 2004 to ($(89,089)  during the first six months of
2005 as a result  divesting  Condor  Diamond  Corp.  The Company has changed the
nature of its business and now offers a proprietary  line of Home Value Warranty
Programs,  designed for sale to purchasers of  residential  real estate  (single
family homes and  condominiums)  and management is currently seeking new capital
investment, joint ventures and alliances with third parties.

ITEM  3.  CONTROLS & PROCEEDURES

Evaluation of Disclosure Controls and Procedures
------------------------------------------------

The Company  maintains a system of controls and  procedures  designed to provide
reasonable assurance as to the reliability of the financial statements and other
disclosures  included  in  this  report,  as well as to  safeguard  assets  from
unauthorized  use or  disposition.  Within 90 days  prior to the  filing of this
report,  the Company's Chief Executive  Officer and Chief Financial Officer have
reviewed and  evaluated  the  effectiveness  of the design and  operation of the
Company's   disclosure   controls  and   procedures   with  the  assistance  and
participation of other members of management.  Based upon that  evaluation,  the
Company's  Chief Executive  Officer and Chief  Financial  Officer have concluded
that  the  Company's  disclosure  controls  and  procedures  are  effective  for
gathering,  analyzing and disclosing the  information the Company is required to
disclose  in the  reports it files  under the  Securities  Exchange  Act of 1934
within the time periods specified in the SEC's rules and forms.

                                      -15-
<PAGE>

Changes in Internal Controls
----------------------------

The  company  has not made any  significant  changes  to its  internal  controls
subsequent  to  the  Evaluation   Date.  The  company  has  not  identified  any
significant  deficiencies  or material  weaknesses  or other  factors that could
significantly  affect these  controls,  and  therefore,  no need for  corrective
action to be taken.


                                    PART 11

OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

From time to time,  the Company may be involved as a plaintiff  or  defendant in
various  legal  actions  arising in the normal  course of business.  It does not
anticipate any material liability as a result of any such litigation. At present
the Company is not  involved as a plaintiff  or  defendant  in any legal  action
arising in the normal course of business.


ITEM 2.  CHANGES IN SECURITIES

On  September 5, 2003,  the Company  announced  that it would  conduct a reverse
split of its issued and outstanding  shares on the basis of 10 common shares for
one new common  share.  The Company at that date had  37,345,268  common  shares
issued and  outstanding,  after the reverse  split there were  3,734,526  common
shares  issued  and  outstanding.  On  February  9,  2004,  the  Company  issued
34,000,000  common  shares  for  the  acquisition  of  100%  of the  issued  and
outstanding common shares of Condor Diamond Corp.

On March 3, the Company authorized the issuance of 6,004,426 S-8 shares pursuant
to debt settlement agreements totaling $428,875.

On February 2, 2005, Company undertook a reverse split of its outstanding common
shares on the basis of one (1) new share for twenty-two (22) old shares reducing
its  outstanding  common  shares  from  44,438,786  to  2,019,945  prior  to the
acquisition of 1604494 Ontario Inc.

On March 24, 2005,  Corporation  issued 76,000,000 shares for the acquisition of
100% of the issued and  outstanding  common  shares of 1604494  Ontario Inc., an
Ontario private company,  and pursuant to a Stock Exchange Agreement (the "Stock
Exchange  Agreement"),   The  BSA  Group  Limited  ("BSA"),  in  trust  for  the
shareholders  of,  acquired  control of the  Registrant,  Reliant Home  Warranty
Corporation  ("Corporation") by acquiring from treasury 76,000,000 shares of the
Corporation in exchange for all of the issued and outstanding  shares of 1604494
Ontario Inc. As of the date thereof,  the  Corporation has a total of 78,019,945
issued and  outstanding  common shares.  Therefore the  shareholders  of 1604494
Ontario Inc. have acquired ninety-seven point four percent (97.4%) of the issued
and outstanding common shares of the Company.

Kevin Hamilton acquired beneficial  ownership of 20,085,667 common shares in the
capital of the Company, which he is deemed to beneficially own which are held by
a  corporation,  the  total  of  which  represents  25.7  % of  the  issued  and
outstanding consolidated common shares of the Company. Such common shares of the
Company were issued to Kevin Hamilton  pursuant to the Stock Exchange  Agreement
whereby the consideration  used by Kevin Hamilton was the exchange of one common
share of 1604494 Ontario Inc. for each one common share of the Company acquired.

                                      -16-
<PAGE>

RS Atlantic  Holdings Inc. a private  company  acquired  ownership of 18,921,220
common shares in the capital of the Company,  the total of which represents 24.2
% of the issued and outstanding  consolidated common shares of the Company. Such
common shares of the Company were issued to RS Atlantic Holdings Inc pursuant to
the Stock  Exchange  Agreement  whereby  the  consideration  used by RS Atlantic
Holdings Inc was the  exchange of one common  share of 1604494  Ontario Inc. for
each one common share of the Company acquired.

HS Holdings  Inc. a private  company  acquired  ownership of  18,753,113  common
shares in the capital of the Company,  the total of which  represents  24.0 % of
the issued and  outstanding  consolidated  common  shares of the  Company.  Such
common  shares of the Company  were issued to HS  Holdings  Inc  pursuant to the
Stock Exchange  Agreement whereby the consideration  used by HS Holdings Inc was
the  exchange of one common  share of 1604494  Ontario  Inc. for each one common
share of the Company acquired.

The total  amount of  issued  and  outstanding  shares  in the  Company  thereby
increased to 78,019,945.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
         NONE

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
         NONE

ITEM 5.  OTHER INFORMATION

         NONE

ITEM 6   EXHIBITS & REPORTS.

Exhibits
2.1*   Agreement and Plan of Reorganization between VHS Network, Inc. and Exodus
       Acquisition Corporation, dated May 6, 2000.

3.1*   Articles of Incorporation for VHS Network, Inc.

3.2*   Articles of Merger for VHS Network, Inc.

3.3*   Articles of Amendment for VHS Network, Inc.

3.4*   By-Laws of VHS Network, Inc.

4.1*   Specimen Stock Certificate.

10.1*  Share  Exchange  Agreement  made April 15, 2000 among VHS Network,  Inc.,
       China eMall  Corporation,  Gang Chai,  Qin Lu Chai,  Uphill Capital Inc.,
       Charles He, Qing Wang, and Forte Management Corporation.

10.2*  License Agreement between Groupmark Canada Limited, and VHS Network, Inc.
       dated January 1, 2000.

10.3*  Management  Services  Agreement  between VHS Network,  Inc. and Groupmark
       Canada Limited, dated April 1997.

10.4*  Agreement  and Plan of Merger  dated as of  December  26, 1996 made among
       Ronden  Vending  Corporation  and Ronden  Acquisition,  Inc.,  Video Home
       Shopping, Inc. (A Tennessee  Corporation),  Progressive Media Group, Inc.
       and Pamela Wilkerson.

10.5*  Agreement and Plan of Merger dated as of December 30, 1996 between Ronden
       Vending Corporation and Ronden Acquisition, Inc.

                                      -17-
<PAGE>

10.6*  Agreement  and Plan of  Reorganization  dated  April 10,  1997  among VHS
       Network, Inc. and VHS Acquisition, Inc. and VHS Network (Canada) Inc.*

10.8** Form of Acquisition  Agreement  between the Company and TruNet Enterprise
       Inc.

10.9   Articles of Amendment to Articles of Incorporation  of VHS Network,  Inc.
       September 5, 2003.

99.1   Certifications Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To
       Section 906 Of The Sarbanes-Oxley Act Of 2002

* Previously filed as an exhibit to the Company's Registration Statement on Form
SB2 filed with the Commission and incorporated by reference herein.

** Filed as exhibit 10.8 to the Company's  form 10K-SB filed with the Commission
on April 16, 2002 and incorporated by reference herein.


Reports on Form 8-K

On February 12, 2002,  the Company  filed a Current  Report on Form 8-K with the
Commission disclosing the Company's change of accountants

On July 25,  2003,  the  Company  filed a  Current  Report  on Form 8-K with the
Commission disclosing the Company's change of accountants

On September 22, 2003,  the Company filed a Current  Report on Form 8-K with the
Commission disclosing change in control of registrant.

On March 28,  2005,  the  Company  filed a  Current  Report on Form 8-K with the
Commission disclosing changes in control of registrant.


SIGNATURES
In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                             Reliant Home Warranty Corporation

Date August 15, 2005                         /s/ Kevin Hamilton
                                             -----------------------------------
                                             (Signature)  Kevin Hamilton
                                             Chief Executive Officer


Date August 15, 2004                         /s/ Val Guilis
                                             -----------------------------------
                                             (Signature)  Val Guilis
                                             Chief Financial Officer


                                      -18-