UNITED STATES



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

For the quarterly
period ended June 30, 2008

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

For the transition period from ____to ____

Commission file number 000-51700

URANIUM HUNTER CORPORATION

|Nevada                           | N/A                 
|-------------------------------- | --------------------
|(State
    or Other Jurisdiction | (I.R.S.
    Employer
|of
    Incorporation or          | Identification      
|Organization)                    | Number)             

First Canadian Place 
100 King Street West, Suite 5700 
Toronto, Ontario, Canada M5X 1K7 (Address of Principal Executive Offices)

(416) 915-3199

(Issuers Telephone Number, Including Area Code)

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 Registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

Yes Q     
No £

Indicate by check mark whether the Issuer is a shell company (as defined by
Rule 12b-2 of the Exchange Act).

Yes £

      No 
Q

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

Common, $.001 par value per share: 64,320,000 outstanding as
of July 31, 2008

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URANIUM HUNTER CORPORATION

TABLE OF CONTENTS

|                                   |                                                                  | Page
|---------------------------------- | ---------------------------------------------------------------- | ----
|PART I
    - FINANCIAL INFORMATION |                                                                 
|                                   |                                                                  |     
|Item 1.                            | Financial Statements.                                            | 3   
|Item 2.                            | Managements
    Discussion and Analysis or Plan of Operation.   | 13  
|Item 3A(T).                        | Controls and
    Procedures.                                     | 16  
|                                   |                                                                  |     
|PART II
    - OTHER INFORMATION    |                                                                 
|                                   |                                                                  |     
|Item 1.                            | Legal Proceedings.                                               | 17  
|Item 2.                            | Unregistered Sales of
    Equity Securities and Use of Proceeds. | 17  
|Item 3.                            | Default upon Senior
    Securities.                              | 17  
|Item 4.                            | Submission of Matters
    to a Vote of Security Holders.         | 17  
|Item 5.                            | Other Information.                                               | 17  
|Item 6.                            | Exhibits.                                                        | 17  
|                                   |                                                                  |     
|SIGNATURES                         | 18                                                              
|                                   |                                                                  |     

2

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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.URANIUM HUNTER CORPORATION 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY)

INTERIM CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2008
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)
CONTENTS

|                                                                                                                                                                                                                      |  
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -
|Interim Consolidated Balance Sheets as of June
    30, 2008 (unaudited) and September 30, 2007 (audited)                                                                                                              | 4
|                                                                                                                                                                                                                      |  
|Interim Consolidated Statements of Operations
    for the nine months and three months ended June 30, 2008 and June 30, 2007
    and period from the inception of exploration (January 1, 2007) to June 30,
    2008. | 5
|                                                                                                                                                                                                                      |  
|Interim Consolidated Statements of Changes in
    Stockholders' Equity (Deficiency) for the nine months ended June 30, 2008
    and year ended September 30, 2007.                                                    | 6
|                                                                                                                                                                                                                      |  
|Interim Consolidated Statements of Cash Flows
    for the nine months ended June 30, 2008 and June 30, 2007 and from inception
    of exploration (January 1, 2007) to June 30, 2008.                                 | 7

3

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) Interim Consolidated Balance Sheets as at 
June 30, 2008 and September 30, 2007 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)

|                                                            | June 30,    | Sept 30, 
|----------------------------------------------------------- | ----------- | ---------
|                                                            | 2008        | 2007     
|                                                            | (unaudited) | (audited)
|                                                            | $           | $        
|                                                            |             |          
|ASSETS                                                     
|Current                                                     |             |          
|Cash and cash equivalents                                   | 11,823      | 229,524  
|Prepaid expenses and other receivables                      | 5,153       | 13,769   
|                                                            |             |          
|Total Current Assets                                        | 16,976      | 243,293  
|Plant and Equipment, net (Note 3)                           | 5,126       | 3,866    
|                                                            |             |          
|Total Assets                                                | 22,102      | 247,159  
|                                                            |             |          
|LIABILITIES                                                
|Current                                                     |             |          
|Accounts payable and accrued liabilities                    | 93,972      | 87,780   
|                                                            |             |          
|Total Current Liabilities                                   | 93,972      | 87,780   
|                                                            |             |          
|Total Liabilities                                           | 93,972      | 87,780   
|                                                            |             |          
|Going Concern (note 2)                                      |             |          
|Related party transactions (note 6)                         |             |          
|Commitments and Contingencies (note
    7)                  |             |          
|                                                            |             |          
|                                                            |             |          
|                                                            |             |          
|STOCKHOLDERS' EQUITY (DEFICIENCY)                          
|Capital Stock (note 4)                                      |             |          
|Common stock                                                | 64,320      | 64,320   
|Additional Paid-in Capital                                  | 688,180     | 643,180  
|Accumulated Deficit                                         | (824,370)   | (548,121)
|                                                            |             |          
|Total Stockholders' Equity (Deficiency)                     | (71,870)    | 159,379  
|                                                            |             |          
|Total Liabilities and Stockholders' Equity
    (Deficiency) | 22,102      | 247,159  

The accompanying condensed notes are an integral part of these
unaudited interim consolidated financial statements



---

URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY)Interim Consolidated Statements of Operations 
For the nine months and three months ended June 30, 2008 and June 30, 2007 and
the Period from Inception of exploration 
(January 1, 2007) to June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)

|                                                                                        |                | For the     | For the     | For the      | For the     
|--------------------------------------------------------------------------------------- | -------------- | ----------- | ----------- | ------------ | ------------
|                                                                                        | Cumulative     | nine months | nine months | three months | three months
|                                                                                        | since          | ended       | ended       | ended        | ended       
|                                                                                        | inception      | June 30,    | June 30,    | June 30,     | June 30,    
|                                                                                        | of exploration | 2008        | 2007        | 2008         | 2007        
|                                                                                        | $              | $           | $           | $            | $           
|                                                                                        |                |             |             |              |             
|Operating Expenses                                                                      |                |             |             |              |             
|General and administration                                                              | 510,020        | 203,559     | 214,100     | 66,915       | 114,752     
|Project expenses                                                                        | 259,446        | 71,867      | 99,129      | -            | 60,533      
|Amortization                                                                            | 1,099          | 823         | 69          | 367          | 69          
|                                                                                        |                |             |             |              |             
|Total Operating Expenses                                                                | 770,565        | 276,249     | 313,298     | 67,282       | 175,354     
|                                                                                        |                |             |             |              |             
|Loss from Operations                                                                    | (770,565)      | (276,249)   | (313,298)   | (67,282)     | (175,354)   
|                                                                                        |                |             |             |              |             
|Loss before Income Taxes                                                                | (770,565)      | (276,249)   | (313,298)   | (67,282)     | (175,354)   
|                                                                                        |                |             |             |              |             
|Provision for income taxes                                                              | -              | -           | -           | -            | -           
|                                                                                        |                |             |             |              |             
|Loss from continuing Operations                                                         | (770,565)      | (276,249)   | (313,298)   | (67,282)     | (175,354)   
|                                                                                        |                |             |             |              |             
|Gain from discontinued Operations (note 8)                                              | -              | -           | 6,009       | -            | -           
|                                                                                        |                |             |             |              |             
|Net Loss                                                                                | (770,565)      | (276,249)   | (307,289)   | (67,282)     | (175,354)   
|                                                                                        |                |             |             |              |             
|Loss per Weighted Average
    Number of Shares Outstanding from Continuing operations   |                |             |             |              |             
|-Basic and Diluted                                                                      |                | (0.00)      | (0.00)      | (0.00)       | (0.00)      
|                                                                                        |                |             |             |             
|Gain per Weighted Average
    Number of Shares Outstanding from Discontinued operations |                |             |             |              |             
|-Basic and Diluted                                                                      |                |             | 0.00        |              |             
|                                                                                        |                |             |             |              |             
|Weighted Average Number of Shares Outstanding                                           |                |             |             |              |             
|-Basic and Diluted (note 5)                                                             |                | 64,320,000  | 64,320,000  | 64,320,000   | 64,320,000  

The accompanying condensed notes are an integral part of these
unaudited interim consolidated financial statements

5

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) Interim Consolidated Statements of Changes in Stockholders Equity
(Deficiency) 
For the nine months ended June 30, 2008 and year ended September 30, 2007. 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)

|                                                                              | Common Stock (a) |        |             | Total      
|----------------------------------------------------------------------------- | ---------------- | ------ | ----------- | -----------
|                                                                              |                  |        | Additional  |            
|                                                                              | Number           |        | Paid-in     | Deficit    
|                                                                              | of Shares        | Amount | Capital (a) | Accumulated
|                                                                              | #                | $      | $           | $          
|                                                                              |                  |        |             |            
|Balance, September 30, 2005                                                   | 64,320,000       | 64,320 | (6,820)     | (44,115)   
|                                                                              |                  |        |             |            
|Net loss for the year ended September 30,
    2006                            |                  |        |             | (15,699)   
|                                                                              |                  |        |             |            
|Balance September 30, 2006                                                    | 64,320,000       | 64,320 | (6,820)     | (59,814)   
|                                                                              |                  |        |             |            
|Cancellation of Obligation to issue 250,000 Common shares for assets acquired |                  |        | (25,000)    |            
|                                                                              |                  |        |             |            
|Stock subscriptions received                                                  |                  |        | 675,000     |            
|                                                                              |                  |        |             |            
|Net loss for the year ended September 30,
    2007                            |                  |        |             | (488,307)  
|                                                                              |                  |        |             |            
|Balance September 30, 2007                                                    | 64,320,000       | 64,320 | 643,180     | (548,121)  
|                                                                              |                  |        |             |            
|Stock subscriptions received                                                  |                  |        | 20,000      |            
|                                                                              |                  |        |             |            
|Stock subscriptions received                                                  |                  |        | 25,000      |            
|                                                                              |                  |        |             |            
|Net loss for the nine month period ended June 30, 2008                        |                  |        |             | (276,249)  
|                                                                              |                  |        |             |            
|Balance June 30, 2008                                                         | 64,320,000       | 64,320 | 688,180     | (824,370)  

a) Common stock and additional paid-in capital have been restated to reflect
3-for -1 and 2-for-1 stock splits on July 26, 2006 and February 1, 2007.

The accompanying condensed notes are an integral part of these
unaudited interim consolidated financial statements

6

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY)

|                                             | Cumulative              |           |          
|-------------------------------------------- | ----------------------- | --------- | ---------
|                                             | Since                   | June 30,  | June 30, 
|                                             | Inception (Jan 1, 2007) | 2008      | 2007     
|                                             | of exploration          |           |          
|                                             | $                       | $         | $        
|                                             |                         |           |          
|Cash Flows from Operating Activities         |                         |           |          
|Net loss from continuing operations          | (770,565)               | (276,249) | (313,298)
|Adjustment for:                              |                         |           |          
|Amortization                                 | 1,099                   | 823       | 69       
|Changes in non-cash working capital          |                         |           |          
|Prepaid expenses                             | (5,153)                 | 8,616     | (8,877)  
|Accounts payable and accrued liabilities     | 93,972                  | 6,192     | 31,931   
|                                             |                         |           |          
|Net cash used in continuing operations       | (680,647)               | (260,618) | (290,175)
|Net cash provided in discontinued operations | -                       |           | 6,009    
|Adjustment for:                              |                         |           |          
|Gain on disposition of asset                 | -                       | -         | (13,667) 
|Depreciation                                 | -                       | -         | 667      
|Changes in non-cash working capital          |                         |           |          
|Accounts Payable and accrued liabilities     | (15,736)                | -         | (21,170) 
|Inventory                                    | 5,245                   | -         | 6,215    
|Accounts Receivable                          | 19,454                  | -         | 16,957   
|                                             |                         |           |          
|Net cash used in operating activities        | (671,684)               | (260,618) | (295,164)
|                                             |                         |           |          
|Cash Flows from Investing Activities         |                         |           |          
|Acquisition of plant and equipment           | (6,225)                 | (2,083)   | (4,142)  
|                                             |                         |           |          
|Net cash used in investing activities        | (6,225)                 | (2,083)   | (4,142)  
|                                             |                         |           |          
|Cash Flows from Financing Activities         |                         |           |          
|Stock subscriptions received                 | 720,000                 | 45,000    | 675,000  
|Loans (Repayment) from related parties       | (51,750)                | -         | (18,000) 
|                                             |                         |           |          
|Net cash provided by financing activities    | 668,250                 | 45,000    | 657,000  
|                                             |                         |           |          
|Net Change in Cash                           | (9,659)                 | (217,701) | 357,694  
|Cash- beginning of period                    | 21,482                  | 229,524   | 1,720    
|                                             |                         |           |          
|Cash - end of period                         | 11,823                  | 11,823    | 359,414  
|                                             |                         |           |          
|Supplemental Cash Flow Information           |                         |           |          
|Interest paid                                | -                       | -         | -        
|Income taxes paid                            | -                       | -         | -        

The accompanying condensed notes are an integral part of these
unaudited interim consolidated financial statements

7

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) 
Condensed Notes to Interim Consolidated Financial Statements 
June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)
1.

Basis of Presentation

The accompanying unaudited financial
statements do not include all the information and footnotes required by
generally accepted accounting principles for complete financial statements. In
the opinion of management, all adjustments (consisting of recurring accruals)
considered necessary for fair presentation have been included. Operating results
for the interim period are not necessarily indicative of the results that may be
expected for the year ended September 30, 2008. Interim financial statements
should be read in conjunction with the companys annual audited financial
statements for the year ended September 30, 2007.

Effective February 1, 2007, the Board
of Directors changed the name of the corporation from "Brownsville Company" to
"Uranium Hunter Corporation".

The consolidated financial statements
include the accounts of Uranium Hunter Corporation (the "Company") and its
wholly owned subsidiary Uranium Hunter Corporation (Ontario) (Formerly
Brownsville Exploration Inc.) in Canada ("BEI"). All material inter-company
accounts and transactions have been eliminated.

2.

Nature of Operations and Going Concern

Nature
of operations

Uranium Hunter Corporation (formerly
Brownsville Company) was incorporated in the State of Nevada on September 4,
2003. The Companys operation began in May 2004. Since inception, the Company
operated a boat launch and convenience store. In July 2006, the Company entered
into a letter of intent to acquire a uranium mining property in Tanzania. In
November 2006, the Company sold the assets related to the boat launch and
convenience store and discontinued this operation. Effective January 1, 2007 the
Company has changed its primary operation from operating a boat launch to mining
exploration.

8

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) 
Condensed Notes to Interim Consolidated Financial Statements 
June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)2.

Nature of Operations and Going
Concern-Contd

Going Concern

The Company is now an exploration
stage mining company and has not realized any revenues from its operations. It
is primarily engaged in the acquisition, exploration and development of uranium
mining properties in Africa.

The Company's financial statements
are presented on a going concern basis, which contemplates the realization of
assets and satisfaction of liabilities in the normal course of business. There
are certain conditions prevailing which cast substantial doubt as to the
validity of using the going concern assumption. These conditions along with
managements plan to mitigate them are described below.

The Company is in the exploration
stage and has not yet realized revenues from its planned operations. The Company
has incurred a net loss of $276,249 for the nine month period ended June 30,
2008. At June 30, 2008, the Company had an accumulated deficit of $824,370. The
Company has funded operations through the issuance of capital stock. In January
2007, the Company received stock subscriptions for issue of its common stock for
gross proceeds of $75,000. Further, in April 2007, the Company received an
additional stock subscription for $ 600,000. In April 2008, the Company received
stock subscription for $20,000, in May 2008 the Company received stock
subscription for $25,000. Subsequent to June 2008, the Company received an
additional stock subscription for $25,000 in July 2008. Management's plan is to
continue raising additional funds through future equity or debt financing until
it achieves profitable operations from its mineral extraction activities.

3.

Plant and Equipment

Plant and equipment are recorded at
cost less accumulated amortization. Amortization is provided commencing in the
month following acquisition using the following annual rate and method:

Computer equipment
      20%
      declining balance
      methodFurniture and fixtures
      20%
      declining balance
      method


Cost
    Accumulated
    Net Book Value
    Net Book ValueAs at June 30, 2008
    
    Amortization
    (June 30, 2008)
    (September 30, 2007)Computer
    $5,203
    $888
    $4,315
    $2,912EquipmentFurniture and
    $1,022
    $211
    $811
    $954FixturesTotal
    $6,225
    $1,099
    $5,126
    $3,866


9

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) 
Condensed Notes to Interim Consolidated Financial Statements 
June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)4.

Capital Stock

Authorized:
      450,000,000 common
      shares $0.001 par valueIssued:
      64,320,000
      common shares $0.001 par value


Year ended September 30, 2007

On February 1, 2007, the Company,
conducted a stock split, resulting in an increase to authorized stock capital
from 225,000,000 shares to 450,000,000 shares; and issued stock capital on a one
old share for two new shares, (from 32,160,000 shares to 64,320,000 shares.)

In January 2007, the Company received
Stock subscription for $75,000 as part of its effort to raise funds through
private placement of shares at $1 per share.

In April 2007, the Company received
Stock subscription for $600,000 as part of its effort to raise funds through
private placement of shares at $1 per share.

Nine month period ended June 30,
2008

In April 2008, the Company received
$20,000 stock subscription for 33,334 common shares at $0.60 per share, as part
of its efforts to raise funds through private placement of shares.

In May 2008, the Company received an
additional $25,000 stock subscription for 83,334 common shares at $0.30 per
share, as part of its efforts to raise funds through private placement of
shares.

5.

Loss per
share

Increase in shares as a result of the
stock splits is given retroactive recognition and the loss per share calculated
for all periods presented is based on the post split number of shares.

6.

Related Party Transactions

The Company expensed $93,045 as
management fee to the Ex-Chief Executive Officer, $8,400 as management fee to
the current Chief Executive Officer and $10,047 fee to the Chief Financial
Officer during the nine month period ended June 30, 2008

7.

Commitments and
Contingencies

a) On October 13, 2006 the
Company entered into an Option Agreement with Trimark Explorations Ltd. (Trimark)
and its wholly owned subsidiary, whereby Trimark granted the Company, 100%
undivided right, title and interest in and to the property located in Njombe and
Songea districts in the Republic of Tanzania, for $100,000 payable over three
years. In addition, the Company must conduct exploration on the property of
$1,000,000 over a three year time frame. If the exploration expenses are not
incurred, the Company may still earn 100% interest by issuing 1,000,000 common
shares, at not less than $1.00 per share, to Trimark or pay cash of up to
$1,000,000. As of September 30, 2007 the Company had paid $25,000 to Trimark and
this payment had been expensed as project expense. No payments were made during
the nine month period ended June 30, 2008.

b) On June 26, 2007, Uranium Hunter
Corporation (the "Company") entered into an Option Agreement (the "NPK
Agreement") with NPK Resources Ltd. ("NPK"), whereby NPK granted the Company the
sole and exclusive right and option to acquire up to a 75% undivided right,
title and interest in and to the Nkoko and Kagadi Uranium Properties which
contain approximately 820 square kilometers located in Kiballe District, Uganda
(the "NPK Property").

10

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) 
Condensed Notes to Interim Consolidated Financial Statements 
June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)

7

Commitments and Contingencies-Contd

Under the terms of the NPK Agreement,
NPK has granted the Company the sole and exclusive option to acquire up to a 75%
undivided interest in and to the NPK Property by making a cash payment to NPK of
$25,000 US within five days of signing the NPK Agreement. The Company paid
$15,000 during the quarter ended June 2007 and paid the balance of $10,000 in
July 2007. This entire payment of $25,000 is being expensed as project expense.
The Company shall also be responsible for making all necessary property payments
and taxes to keep the NPK Property in good standing. The Company shall maintain
its 75% interest in the NPK Property after it pays the $25,000 as described
above by completing the following cumulative exploration expenditures on the NPK
Property totaling $150,000 US over a 36 month period: (i) $50,000 in cumulative
exploration expenditure within the first 12 months after signing the NPK
Agreement; (ii) $100,000 in cumulative exploration expenditures within 24 months
of signing of the NPK Agreement; and (iii) $150,000 in cumulative exploration
expenditures within 36 months of signing of the NPK Agreement. If 36 months
after the date of the NPK Agreement, the Company has not completed exploration
expenses of $150,000, the Company may still maintain its 75% interest in the NPK
Property if the Company issues in favor of NPK payments totaling up to $150,000
shares of common stock of the Company or cash of up to $150,000 US at the
Company's sole option less the cumulative exploration expenditures already paid
and/or met on the NPK Property. The value of the shares shall be determined as
the average share price of the shares over the 30 business days of trading prior
to the 36 month period as described herein provided, however, that the shares
shall not be valued at less then $1.00 per share.

Once the Company has vested and
maintained its 75% interest in the project (i.e. by spending $150,000 on the
project within three years), the parties shall enter into a joint venture
agreement and shall share proportionally in all exploration costs and payments
subject to standard dilution terms.

In addition, once the Company has
earned its 75% interest in the NPK Property, for a one year period from date of
earn in, NPK shall be entitled to convert its 25% ownership of the NPK Property
into common stock of the Company at the fair market value for NPK's 25%
ownership of the NPK Property. The fair market value of the NPK Property shall
be determined by the parties and if they cannot agree, shall be determined by
three experts. Should NPK convert its 25% ownership into shares of common stock
of the Company, then the Company shall own 100% of the NPK Property. The value
of the shares shall be determined as the average share price of the shares over
the 30 business days of trading prior to the election period, provided, however,
that the shares shall not be valued at less than $1 per share.

The Company may terminate the NPK
Agreement at any time by giving written notice to NPK of the termination of the
NPK Agreement. If the Company fails to make any payment (optional, discretionary
or otherwise) or fails to do anything on or before the last day provided for
such payment or performance under the NPK Agreement, NPK may terminate the NPK
Agreement but only if:

(i) NPK has first given the Company
written notice of the default containing particulars of the payment which the
Company has not made or the act which the Company has not performed; and (ii)
the Company has not, within 30 days following delivery of such notice, cured
such default by appropriate payment or performance. Should the Company fail to
comply with the foregoing, NPK may thereafter terminate the NPK Agreement by
notice to the Company.

Upon the termination of the NPK
Agreement, the Company shall forfeit any and all interest in the NPK Property
and shall cease to be liable to NPK.

11

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URANIUM HUNTER CORPORATION. 
(FORMERLY BROWNSVILLE COMPANY) 
(AN EXPLORATION STAGE COMPANY) 
Condensed Notes to Interim Consolidated Financial Statements 
June 30, 2008 
(Amounts expressed in US Dollars) 
(Unaudited-Prepared by Management)

7.

Commitments and
Contingencies-Contd

c)Effective July 26, 2007 the
Company executed an agreement with a consultant for providing corporate
information and investor relation services. The term of this agreement was for
one year and the Company was obligated to pay the consultant $3,000 per month.
The Company paid $10,000 as an advance upon the execution of the agreement and
expensed $6,000 during the year ended September 30, 2007. The balance prepayment
of $4,000 was expensed during the quarter ended December 31, 2007. Effective
April 1, 2008, the Company terminated the contract with the consultant.

8.

Discontinued Operations

The Companys operation began in May 2004.
Since inception, the Company operated a boat launch and convenience store. In
November 2006, the Company sold the assets related to the boat launch and
convenience store and discontinued this business.

On November 17, 2006, the Company
entered into an Asset Purchase Agreement with Fraser Rivers Metal Depot Inc. to
sell and transfer an undivided, 100% right, title and interest in the assets
relating to the Company's boat launch, parking lot, marina and convenience store
business located in Maple Ridge, British Columbia. The consideration received by
the Company includes the cancellation and termination of the obligation to issue
to Fraser River 250,000 common shares of the Company that was scheduled to be
issued to Fraser Rivers Metal Depot as par of the Asset Purchase Agreement dated
March 31, 2004.

The details for gain from
discontinued operations for the period ended June 30, 2007 is calculated as
follows:

$Revenues
      9,949Cost of goods sold
      (3,140)Selling expenses
      (746)General and administration expense
      (13,054)Amortization expense
      (667)Gain on disposition of assets
      13,667Net gain from discontinued operations
      6,009


9.

Changes in Officers and Directors

On May 23, 2008, Adam R. Cegielski
submitted his resignation as President, Chief Executive Officer, Secretary,
Treasurer and Director of the Company. On that same date, the Board of Directors
elected Ghaith Qamheiah, as the Company's President, Chief Executive Officer,
Secretary and Treasurer to be effective immediately. Ghaith Qamheiah has been a
director of the Company since March 2007.

10.

Subsequent Events

In July 2008, the Company received an additional
$25,000 stock subscription for 83,334 common shares at $0.30 per share, as part
of its efforts to raise funds through private placement of shares.

11.

Reclassification
of prior period figures

Prior period figures have been
reclassified in the income statement and the statement cash flow to reflect the
operations of the boat launch and convenience store business as discontinued
operations.

12

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Item 2. Managements Discussion and Analysis or Plan of
Operation.

The following discussion and analysis
of our financial condition and results of operations should be read in
conjunction with our financial statements and the related notes thereto
contained elsewhere in this Form 10-QSB.

Forward-Looking Statements

This discussion contains
forward-looking statements that involve risks and uncertainties. All statements
regarding future events, our future financial performance and operating results,
our business strategy and our financing plans are forward-looking statements. In
many cases, you can identify forward-looking statements by terminology, such as
"may", "should", "expects", "intends", "plans", "anticipates", "believes",
"estimates", "predicts", "potential" or "continue" or the negative of such terms
and other comparable terminology. These statements are only predictions. Known
and unknown risks, uncertainties and other factors could cause our actual
results to differ materially from those projected in any forward-looking
statements. We do not intend to update these forward-looking statements.

Overview

Uranium Hunter Corporation, a Nevada
corporation (referred to herein as the "Company", "we", "us" and "our") was
incorporated on September 4, 2003 under the name Brownsville Company in order to
operate a boat launch, parking lot, marina and convenience store. We operated
such business until November 16, 2006 on which date it was sold to Fraser River
Metals Depot Inc.

Subsequent to the fiscal year ended
September 30, 2006, and in October 2006, we were granted the sole exclusive
right and option to acquire up to a 100% undivided right, title and interest in
and to the Gambaro Resources Property located in Njombe and Songea districts in
the Republic of Tanzania. The Gambaro Resources Property, which is held under
the terms of a Prospecting License issued by the government of Tanzania, is
believed to cover sediments of the Karoo sequence which share common features
with rocks of the Colorado Plateau in the western United States that have been
prolific producers of uranium.

On February 14, 2007, pursuant to a
Certificate of Amendment to our Articles of Incorporation filed with the State
of Nevada, we changed the name of the corporation from "Brownsville Company" to
"Uranium Hunter Corporation".

On June 26, 2007, we were granted the
sole and exclusive right and option to acquire up to a 75% undivided right,
title and interest in and to the Nkoko and Kagadi Uranium Properties which
contain approximately 820 square kilometers located in Kiballe District, Uganda
(the "NPK Property").

On October 11, 2007, we entered into
a letter of intent with Pinewood Resources Ltd. to earn a 75% interest in the "Karoo"
Project which contains approximately 8,600 square kilometers of Karoo-based
uranium exploration lands located in the Southern regions of Tanzania. See "The
Karoo Project" below.

Our Mining Properties

The Gambaro Property

On October 13, 2006, we entered into
an Option Agreement (the "Trimark Agreement") with Trimark Explorations Ltd. and
its wholly-owned subsidiary, Gambaro Resources Limited (together referred to
herein as "Trimark"), whereby Trimark granted us the sole exclusive right and
option to acquire up to a 100% undivided right, title and interest in and to the
Gambaro Resources Property located in Njombe and Songea districts in the
Republic of Tanzania (the "Gambaro Property"). The Gambaro Property consists of
approximately 170 square kilometers in the southwestern part of Tanzania which
is located on the East Coast of Africa. The Gambaro Property, which is held
under the terms of a Prospecting License issued by the government of Tanzania,
is believed to cover sediments of the Karoo sequence which share common features
with rocks of the Colorado Plateau in the western United States that have been
prolific producers of Uranium. Under the terms of the Trimark Agreement, Trimark
has granted us the sole and exclusive option to acquire up to a 100% undivided
interest in and to the Gambaro Property, by making the following cash payments
totaling $100,000 over a three year period: (i) $25,000 within 45 days of
signing the Trimark Agreement; (ii) an additional $35,000 within two years of
signing of the Trimark Agreement; and (iii) an additional $40,000 within three
years of signing of the Trimark Agreement.

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Pursuant to the Trimark Agreement, we
must also complete the following cumulative exploration expenditures on the
Property totaling $1,000,000 over a 36 month period: (i) $100,000 in cumulative
exploration expenditure within the first 12 months after signing the Trimark
Agreement; (ii) $500,000 in cumulative exploration expenditures within 24 months
of signing of the Trimark Agreement; and (iii) $1,000,000 in cumulative
exploration expenditures within 36 months of signing of the Trimark Agreement.
If 36 months after the date of the Trimark Agreement, we have not completed
exploration expenses of $1,000,000, we may still earn our 100% interest in the
Gambaro Property if we issue in favor of Trimark payments totaling up to
1,000,000 of our shares of common stock or cash of up to $1,000,000 at our sole
option less the cumulative exploration expenditures already paid and/or met on
the Gambaro Property. The value of the shares shall be determined as the average
share price of the shares over the 30 business days of trading prior to the 36
month period, provided, however, that the shares shall not be valued at less
then $1.00 per share. In the event such shares are valued at less then $1.00, we
may still execute this buyout using cash.

The Trimark Agreement further
provides that we will act as operator during the earn-in phase of the Trimark
Agreement and will be entitled to charge a management fee of 15% on all property
exploration expenditures and related head office overhead paid solely out of
cumulative exploration expenditures provided by us and from revenues from the
operation of the Gambaro Property pursuant to the terms of the Trimark
Agreement. Once we have earned our 100% interest in the Gambaro Property,
Trimark shall be entitled to a 2% net smelter royalty which shall be reduced to
1% at our sole option upon payment to Trimark of $1,000,000. The Trimark
Agreement provides that a management committee consisting of two representatives
of each company shall be formed pursuant to which we shall be responsible for
the proposal of exploration programs to the management committee and for funding
in full any and all exploration programs approved by the management committee in
advance of the commencement of exploration.

We may terminate the Trimark
Agreement at any time by giving written notice to Trimark of the termination of
the Trimark Agreement and such termination shall be effective on the 15th
day after such notice is sent to Trimark. In addition, if we fail to make any
payment under the Trimark Agreement or fails to do anything on or before the
last day provided for such payment or performance under the Trimark Agreement
(in each or either case referred to as a "default"), Trimark may terminate the
Trimark Agreement but only if: (i) Trimark has first given us written notice of
the default containing particulars of the payment which we have not made or the
act which we have not performed; and (ii) we have not, within 30 days following
delivery of such notice, cured such default by appropriate payment or
performance. Should we fail to comply with the foregoing, Trimark may thereafter
terminate the Trimark Agreement by notice to us. Upon such termination, we
forfeit any and all interest in the Gambaro Property and shall cease to be
liable to Trimark.

The NPK Property

On June 26, 2007, we entered into an
Option Agreement (the "NPK Agreement") with NPK Resources Ltd. ("NPK"), whereby
NPK granted us the sole and exclusive right and option to acquire up to a 75%
undivided right, title and interest in and to the Nkoko and Kagadi Uranium
Properties which contain approximately 820 square kilometers located in Kiballe
District, Uganda (the "NPK Property").

Under the terms of the NPK Agreement,
NPK has granted us the sole and exclusive option to acquire up to a 75%
undivided interest in and to the NPK Property by making a cash payment to NPK of
$25,000 US within five days of signing the NPK Agreement. We paid $15,000 during
the quarter ended June 30, 2007 and paid the balance of $10,000 in July 2007. We
shall also be responsible for making all necessary property payments and taxes
to keep the NPK Property in good standing. We shall maintain its 75% interest in
the NPK Property after we pay the $25,000 as described above by completing the
following cumulative exploration expenditures on the NPK Property totaling
$150,000 US over a 36 month period: (i) $50,000 in cumulative exploration
expenditure within the first 12 months after signing the NPK Agreement; (ii)
$100,00 in cumulative exploration expenditures within 24 months of signing of
the NPK Agreement; and (iii) $150,000 in cumulative exploration expenditures
within 36 months of signing of the NPK Agreement. If 36 months after the date of
the NPK Agreement, we have not completed exploration expenses of $150,000, we
may still maintain its 75% interest in the NPK Property if we issue in favor of
NPK payments totaling up to $150,000 shares of common stock of the Company or
cash of up to $150,000 US at our sole option less the cumulative exploration
expenditures already paid and/or met on the NPK Property. The value of the
shares shall be determined as the average share price of the shares over the 30
business days of trading prior to the 36 month period as described herein
provided, however, that the shares shall not be valued at less then $1.00 per
share.

14

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Once we have vested and maintained
our 75% interest in the project (i.e. by spending $150,000 on the project within
three years), the parties shall enter into a joint venture agreement and shall
share proportionally in all exploration costs and payments subject to standard
dilution terms.

In addition, once we have earned its
75% interest in the NPK Property, for a one year period from date of earn in,
NPK shall be entitled to convert its 25% ownership of the NPK Property into
common stock of the Company at the fair market value for NPKs 25% ownership of
the NPK Property. The fair market value of the NPK Property shall be determined
by the parties and if they cannot agree, shall be determined by three experts.
Should NPK convert its 25% ownership into shares of common stock of the Company,
then we shall own 100% of the NPK Property. The value of the shares shall be
determined as the average share price of the shares over the 30 business days of
trading prior to the election period, provided, however, that the shares shall
not be valued at less than $1.00 per share.

We may terminate the NPK Agreement at
any time by giving written notice to NPK of the termination of the NPK
Agreement. If we fail to make any payment (optional, discretionary or otherwise)
or fail to do anything on or before the last day provided for such payment or
performance under the NPK Agreement, NPK may terminate the NPK Agreement but
only if: (i) NPK has first given us written notice of the default containing
particulars of the payment which we have not made or the act which we have not
performed; and (ii) we have not, within 30 days following delivery of such
notice, cured such default by appropriate payment or performance. Should we fail
to comply with the foregoing, NPK may thereafter terminate the NPK Agreement by
notice to the Company. Upon the termination of the NPK Agreement, we shall
forfeit any and all interest in the NPK Property and shall cease to be liable to
NPK.

The Karoo Project

On October 11, 2007, we entered into
a letter of intent with Pinewood Resources Ltd. to earn a 75% interest in the "Karoo"
Project which contains approximately 8,600 square kilometers of Karoo-based
uranium exploration lands located in the Southern regions of Tanzania (the "Karoo
Property"). Management has decided not to pursue any further interest in this
property.

Results of Operations



Our financial statements are
presented on a going concern basis, which contemplates the realization of assets
and satisfaction of liabilities in the normal course of business. There are
certain conditions prevailing which cast substantial doubt as to the validity of
using the going concern assumption.

Total operating expenses were $67,282
and $276,249 for the three and nine months ended June 30, 2008 compared to total
operating expenses of $175,354 and $313,298 for the three and nine months ended
June 30, 2007. Such decrease in the current year periods compared to the prior
year periods is principally due to a decrease in general and administrative
expenses and a decrease in project expenses. Cumulatively since inception of
exploration, we had total operating expenses of $770,565. General and
administrative expenses were $66,915 and $203,559 and project expenses were $0
and $71,867 for the three and nine months ended June 30, 2008 compared to
$114,752 and 214,100 in general and administrative expenses and $60,533 and
$99,129 in project expenses for the three and nine months ended June 30, 2007.
Cumulatively since inception of exploration, general and administrative expenses
were $510,020 and project expenses were $259,446.

For the three and nine months ended
June 30, 2008, we had a net loss of $67,282 and $276,249 compared to a net loss
of $175,354 and $307,289 for the three and nine months ended June 30, 2007.
During the nine months ended June 30, 2007, we had a gain of $6,009 from
discontinued operations which resulted in the decrease in our net loss for the
nine months ended June 30, 2007. Cumulatively since inception of exploration, we
had a net loss of $770,565. Such net losses are due to the operating expenses
incurred resulting from our change of direction to an exploration mining company
with no offsetting revenues.

15

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Liquidity and Capital Resources

On June 30, 2008, we had a working
capital deficit of $76,996 and a stockholders deficit of $71,870, compared to
working capital of $155,513 and stockholders equity of $159,379 on September
30, 2007. On June 30, 2008, we had $11,823 in cash and cash equivalents, total
assets of $22,102 and total liabilities of $93,972, compared to $229,524 in cash
and cash equivalents, total assets of $247,159 and total liabilities of $87,780
on September 30, 2007.

Cash used for operating activities
for the nine months ended June 30, 2008 was $(260,618) primarily due to a net
loss from continuing operations of $(276,249) offset by changes in prepaid
expenses of $8,616 and accounts payable and accrued liabilities of $6,192. Cash
used in operating expenses for the nine months ended June 30, 2007 was
$(295,164) primarily due to a net loss from continuing operations of $(313,298)
together with changes in prepaid expenses of $(8,877), accounts payable and
accrued liabilities from operating activities of $31,931, and changes in
accounts payable and accrued liabilities in continuing operations of $(21,170)
and changes in accounts receivable of $16,957. Net cash used in investing
activities was $(2,083) for the nine months ended June 30, 2008 due to the
acquisition of plant and equipment compared to $(4,142) for the nine months
ended June 30, 2007 due to the acquisition of plant and equipment. Net cash
provided by financing activities for the nine months ended June 30, 2008 was
$45,000 for stock subscriptions received compared to net cash provided by
financing activities of $675,000 for the nine months ended June 30, 2007
resulting from stock subscriptions received of $675,000 offset by repayment of
loans from related parties of $18,000.

As mentioned above, we are now in the
exploration stage and have not yet realized revenues from our planned
operations. We incurred a net loss of $276,249 for the nine month period ended
June 30, 2008. At June 30, 2008, we had an accumulated deficit of $824,370. We
have funded operations through the issuance of capital stock. In January 2007,
we received stock subscriptions for issue of our common stock for gross proceeds
of $75,000. Further, in April 2007, we received an additional stock subscription
of $600,000. In April 2008, the Company received stock subscription for $20,000
and, in May 2008, the Company received stock subscription for $25,000.
Subsequent to June 2008, the Company received an additional stock subscription
for $25,000 in July 2008. Our plan is to continue raising additional funds
through future equity or debt financing until we achieve profitable operations
from our mineral extraction activities.

Off-Balance Sheet Arrangements

The Company has no off-balance sheet
arrangements as defined in Item 303(c) of Regulation S-B.

Item 3A(T). Controls and Procedures.

Under the supervision and with the
participation of our management, including the Chief Executive Officer and Chief
Financial Officer, we have evaluated the effectiveness of our disclosure
controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the
Exchange Act) as of the end of the period covered by this report. Based on that
evaluation, the Chief Executive Officer and Chief Financial Officer have
concluded that, as of June 30, 2008, these disclosure controls and procedures
were effective to ensure that all information required to be disclosed by us in
the reports that we file or submit under the Exchange Act is: (i) recorded,
processed, summarized and reported, within the time periods specified in the
Commissions rule and forms; and (ii) accumulated and communicated to our
management, including our Chief Executive Officer and Chief Financial Officer,
as appropriate to allow timely decisions regarding required disclosure.

There have been no changes in
internal control over financial reporting that occurred during the fiscal
quarter covered by this report that have materially affected, or are reasonably
likely to materially affect the Companys internal control over financial
reporting.

16

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PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

There are no material pending legal
proceedings to which the Company is a party or to which any of its property is
subject.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

In April 2008, the Company received
$20,000 stock subscription for 33,334 shares of common stock at $0.60 per share
and, in May, 2008, the Company received $25,000 stock subscription for 83,334
shares of common stock at $0.30 per share. No securities pursuant thereto have
been issued to date although the subscriptions were received in reliance upon
the exemption provided by Regulation S promulgated under the Securities Act of
1933, as amended.

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.

|31.1 | Certification of Principal Executive Officer pursuant to Section 302 of the
    Sarbanes-Oxley Act of 2002 (Rules 13a-14 and 15d-14 of the Exchange Act)
|---- | --------------------------------------------------------------------------------------------------------------------------------------------------------
|31.2 | Certification of Principal Financial Officer pursuant to Section 302 of the
    Sarbanes-Oxley Act of 2002 (Rules 13a-14 and 15d-14 of the Exchange Act)
|32.1 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18
    U.S.C. 1350)                                                            

17

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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.

|                     |     | URANIUM HUNTER CORPORATION           
|-------------------- | --- | -------------------------------------
|                     |     | (Registrant)                         
|                     |     |                                      
|                     |     |                                      
|                     |     |                                      
|Dated: July 31, 2008 | By: | /s/ Ghaith Qamheiah                  
|                     |     | Ghaith Qamheiah,                     
|                     |     | President and Chief Executive Officer
|                     |     | (Principal Executive Officer)        
|                     |     |                                      
|                     |     |                                      
|                     |     |                                      
|Dated: July 31, 2008 | By: | /s/ Rakesh Malhotra                  
|                     |     | Rakesh Malhotra,                     
|                     |     | Chief Financial Officer              
|                     |     | (Principal Financial Officer)        

18

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