UNITED STATESSECURITIES AND EXCHANGE
COMMISSIONWASHINGTON, DC 20549



Q  QUARTERLY REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 For the quarterly
period ended June 30, 2009

£  TRANSITION REPORT
PURSUANT TO 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                     | M5X 1K7             
|100 King Street West, Suite 5700         | (Zip Code)          
|Toronto, Ontario, Canada                 |                     
|(Address of Principal Executive Offices) |                     

(416) 915-4257
(Registrants Telephone Number, Including Area Code)

Not applicable (Former Name, Former Address and Former Fiscal Year, if Changed Since Last
Report)

Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 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 registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definition of "large accelerated filer", "accelerated
filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check
one):

Large accelerated
      filer
      £
      
      Accelerated filer
      £Non-accelerated
      filer
      £
      
      Smaller reporting
      company
      Q


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

Yes £

      No

State the number of shares outstanding of each of the Issuers classes of common stock, as of the latest practicable date: no par value per share: 66,090,836 outstanding as of August 17, 2009.

---

|URANIUM HUNTER CORPORATION    
|------------------------------
|                              
|TABLE OF CONTENTS             
|                              
|PART I - FINANCIAL INFORMATION
|                              
|Item
      1.                 
|Item
      2.                 
|Item
      3.                 
|Item
      4T.                
|                              
|PART II - OTHER INFORMATION   
|                              
|Item
      1.                 
|Item
      2.                 
|Item
      3.                 
|Item
      4.                 
|Item
      5.                 
|Item
      6.                 
|                              
|SIGNATURES                    

i

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|PART1-FINANCIAL INFORMATION              
|-----------------------------------------
|                                         
|                                         
|Item 1. Financial Statements             
|                                         
|                                         
|                                         
|URANIUM HUNTER CORPORATION               
|                                         
|(AN EXPLORATION STAGE MINING COMPANY)    
|                                         
|INTERIM CONSOLIDATED FINANCIAL STATEMENTS
|                                         
|JUNE 30, 2009                            
|                                         
|(Amounts expressed in US Dollars)        
|                                         
|(Unaudited-Prepared by Management)       

|                                                                                                                                                                                                                     
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                     
|                                                                                                                                                                                                                     
|                                                                                                                                                                                                                     
|CONTENTS                                                                                                                                                                                                             
|                                                                                                                                                                                                                     
|                                                                                                                                                                                                                     
|Interim Consolidated Balance Sheets as of
      June 30, 2009 (unaudited) and September 30, 2008 (audited)                                                                                                           
|Interim Consolidated Statements of Operations for the nine
      months and three months ended June 30, 2009 and June 30, 2008 and period
      from the inception of exploration (January 1, 2007) to June 30, 2009.
|Interim Consolidated Statements of Changes
      in Stockholders' Deficiency for the nine months ended June 30, 2009 and
      year ended September 30, 2008.                                                        
|Interim Consolidated Statements of Cash Flows for the nine
      months ended June 30, 2009 and June 30, 2008 and from inception of
      exploration (January 1, 2007) to June 30, 2009.                            
|Condensed Notes to unaudited Interim
      Consolidated Financial Statements                                                                                                                                         

1

---

|URANIUM HUNTER CORPORATION.                    |  |             |   |  |           |  
|---------------------------------------------- |  | ----------- | - |  | --------- | -
|(AN EXPLORATION STAGE MINING COMPANY)          |  |             |   |  |           |  
|Interim Consolidated Balance Sheets as at      |  |             |   |  |           |  
|June 30, 2009 and September 30, 2008           |  |             |   |  |           |  
|(Amounts expressed in US Dollars)              |  |             |   |  |           |  
|(Unaudited-Prepared by Management)             |  |             |   |  |           |  
|                                               |  | June 30,    |   |  | Sept 30,  |  
|                                               |  | 2009        |   |  | 2008      |  
|                                               |  | (unaudited) |   |  | (audited) |  
|                                               |  | $           |   |  | $         |  
|                                               |  |             |   |  |           |  
|ASSETS                                        
|Current                                        |  |             |   |  |           |  
|Cash and cash
      equivalents                |  | -           |   |  | 1,516     |  
|Total Current Assets                           |  | -           |   |  | 1,516     |  
|Plant and Equipment, net (Note 3)              |  | 5,172       |   |  | 6,085     |  
|                                               |  |             |   |  |           |  
|Total Assets                                   |  | 5,172       |   |  | 7,601     |  
|                                               |  |             |   |  |           |  
|                                               |  |             |   |  |           |  
|LIABILITIES                                   
|Current                                        |  |             |   |  |           |  
|Accounts payable and accrued
      liabilities |  | 160,149     |   |  | 104,508   |  
|Advances from
      director                   |  | 10,000      |   |  | -         |  
|                                               |  |             |   |  |           |  
|                                               |  |             |   |  |           |  
|Total Current Liabilities                      |  | 170,149     |   |  | 104,508   |  
|                                               |  |             |   |  |           |  
|                                               |  |             |   |  |           |  
|Total Liabilities                              |  | 170,149     |   |  | 104,508   |  
|                                               |  |             |   |  |           |  
|Going Concern (note 2)                         |  |             |   |  |           |  
|Related party transactions (note 7)            |  |             |   |  |           |  
|Commitments and Contingencies (note
      8)   |  |             |   |  |           |  
|                                               |  |             |   |  |           |  
|                                               |  |             |   |  |           |  
|STOCKHOLDERS' DEFICIENCY                      
|Capital Stock (note 4)                         |  |             |   |  |           |  
|Common stock                                   |  | 66,091      |   |  | 64,320    |  
|Additional Paid-in Capital                     |  | 976,652     |   |  | 823,340   |  
|Accumulated Deficit                            |  | (1,207,720  | ) |  | (984,567  | )
|                                               |  |             |   |  |           |  
|Total Stockholders' Deficiency                 |  | (164,977    | ) |  | (96,907   | )
|                                               |  |             |   |  |           |  
|Total Liabilities and Stockholders' Deficiency |  | 5,172       |   |  | 7,601     |  

See Condensed notes to the unaudited Interim Consolidated
Financial Statements

2

---

URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY)Interim Consolidated Statements of Operations For
the nine months and three months ended June 30, 2009 and June 30, 2008 and the
Period from Inception of exploration (January 1, 2007) to June 30, 2009
(Amounts expressed in US Dollars) (Unaudited-Prepared by Management)

|                                                             |  | Cumulative 
    since 
    inception of
      exploration $ |   |  | For the nine 
    months ended June
      30, 2009 $ |   |  | For the nine 
    months ended 
      June
      30, 2008 $ |   |  | For the three 
    months ended June
      30, 2009 |   |  | For the three 
    months ended June
      30, 2008 |  
|------------------------------------------------------------ |  | ----------------------------------------------------------- | - |  | ---------------------------------------------------- | - |  | ----------------------------------------------------------- | - |  | --------------------------------------------------- | - |  | --------------------------------------------------- | -
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Operating Expenses                                           |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|General and
      administration                             |  | 827,139                                                     |   |  | 157,240                                              |   |  | 203,559                                                     |   |  | 23,194                                              |   |  | 66,915                                              |  
|Project expenses                                             |  | 324,446                                                     |   |  | 65,000                                               |   |  | 71,867                                                      |   |  | 65,000                                              |   |  | -                                                   |  
|Amortization                                                 |  | 2,330                                                       |   |  | 913                                                  |   |  | 823                                                         |   |  | 305                                                 |   |  | 367                                                 |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Total Operating
      Expenses                               |  | 1,153,915                                                   |   |  | 223,153                                              |   |  | 276,249                                                     |   |  | 88,499                                              |   |  | 67,282                                              |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Loss from Operations                                         |  | (1,153,915                                                  | ) |  | (223,153                                             | ) |  | (276,249                                                    | ) |  | (88,499                                             | ) |  | (67,282                                             | )
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Loss before Income
      Taxes                               |  | (1,153,915                                                  | ) |  | (223,153                                             | ) |  | (276,249                                                    | ) |  | (88,499                                             | ) |  | (67,282                                             | )
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Provision for income taxes                                   |  | -                                                           |   |  | -                                                    |   |  | -                                                           |   |  | -                                                   |   |  | -                                                   |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Net Loss                                                     |  | (1,153,915                                                  | ) |  | (223,153                                             | ) |  | (276,249                                                    | ) |  | (88,499                                             | ) |  | (67,282                                             | )
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Loss per Weighted Average
      Number of Shares Outstanding |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|-Basic and Diluted                                           |  |                                                             |   |  | (0.00                                                | ) |  | (0.00                                                       | ) |  | (0.00                                               | ) |  | (0.00                                               | )
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|                                                             |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|Weighted Average Number of Shares Outstanding                |  |                                                             |   |  |                                                      |   |  |                                                             |   |  |                                                     |   |  |                                                     |  
|-Basic and Fully Diluted
      (note 5)                      |  |                                                             |   |  | 64,861,668                                           |   |  | 64,320,000                                                  |   |  | 65,623,803                                          |   |  | 64,320,000                                          |  

See Condensed notes to the unaudited Interim Consolidated
Financial Statements

3

---

|URANIUM HUNTER
      CORPORATION.(AN EXPLORATION
      STAGE MINING COMPANY)Interim Consolidated
      Statements of Changes in Stockholders Equity (Deficiency)For
      the nine months ended June 30, 2009 and year ended September 30, 2008.(Amounts expressed in US Dollars)(Unaudited-Prepared by
      Management)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                          
|Balance, September 30, 2005                                                                                                                                                                                                                                                                                               
|Net loss for the year ended
      September 30, 2006                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                          
|Balance September 30, 2006                                                                                                                                                                                                                                                                                                
|Cancellation of Obligation to
      issue 250,000                                                                                                                                                                                                                                                                         
|Common shares for assets
      acquired                                                                                                                                                                                                                                                                                   
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Net loss for the year ended
      September 30, 2007                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                          
|Balance September 30, 2007                                                                                                                                                                                                                                                                                                
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Stock based compensation                                                                                                                                                                                                                                                                                                  
|Net loss for the year ended  September 30, 2008                                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                                                                          
|Balance September 30, 2008                                                                                                                                                                                                                                                                                                
|Stock based compensation                                                                                                                                                                                                                                                                                                  
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Common shares issued for
      subscriptions received                                                                                                                                                                                                                                                                     
|Stock subscriptions received                                                                                                                                                                                                                                                                                              
|Issuance of common shares for
      mineral claims                                                                                                                                                                                                                                                                        
|Net loss for the nine months
      ended June 30, 2009                                                                                                                                                                                                                                                                    
|                                                                                                                                                                                                                                                                                                                          
|Balance June 30, 2009                                                                                                                                                                                                                                                                                                     

|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.
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------

See condensed notes to the unaudited Interim Consolidated
Financial Statements

4

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URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY)Interim Consolidated Statements of Cash Flows For
the nine months ended June 30, 2009 and June 30, 2008 and the period from
inception of exploration (January 1, 2007) to June 30, 2009 (Amounts
expressed in US Dollars) (Unaudited-Prepared by Management)

|                                                |  | Cumulative Since Inception
    
    (Jan
      1, 2007)  of exploration$ |   |  | June 30, 2009 $ |   |  | June 30, 2008 $ |  
|----------------------------------------------- |  | ------------------------------------------------------------------------ | - |  | --------------- | - |  | --------------- | -
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Cash Flows from Operating Activities            |  |                                                                          |   |  |                 |   |  |                 |  
|Net loss                                        |  | (1,153,915                                                               | ) |  | (223,153        | ) |  | (276,249        | )
|Adjustment for:                                 |  |                                                                          |   |  |                 |   |  |                 |  
|Depreciation                                    |  | 2,330                                                                    |   |  | 913             |   |  | 823             |  
|Stock based compensation                        |  | 159,243                                                                  |   |  | 74,083          |   |  | -               |  
|Issuance of shares
      for mineral claims     |  | 20,000                                                                   |   |  | 20,000          |   |  |                 |  
|Changes in
      non-cash working capital       |  |                                                                          |   |  |                 |   |  |                 |  
|Prepaid expenses                                |  | -                                                                        |   |  | -               |   |  | 8,616           |  
|Accounts payable and accrued liabilities        |  | 160,149                                                                  |   |  | 55,641          |   |  | 6,192           |  
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Discontinued
      operations                   |  | 8,963                                                                    |   |  | -               |   |  | -               |  
|Net cash used in operating
      activities     |  | (803,230                                                                 | ) |  | (72,516         | ) |  | (260,618        | )
|Cash Flows from Investing Activities            |  |                                                                          |   |  |                 |   |  |                 |  
|Acquisition of
      plant and equipment        |  | (7,502                                                                   | ) |  | -               |   |  | (2,083          | )
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Net cash used in investing
      activities     |  | (7,502                                                                   | ) |  | -               |   |  | (2,083          | )
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Cash Flows from Financing Activities            |  |                                                                          |   |  |                 |   |  |                 |  
|Stock subscriptions received                    |  | 831,000                                                                  |   |  | 61,000          |   |  | 45,000          |  
|Loans (repayment)
      from related parties    |  | (41,750                                                                  | ) |  | 10,000          |   |  | -               |  
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Net cash provided by financing
      activities |  | 789,250                                                                  |   |  | 71,000          |   |  | 45,000          |  
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Net Change in Cash                              |  | (21,482                                                                  | ) |  | (1,516          | ) |  | (217,701        | )
|Cash- beginning of period                       |  | 21,482                                                                   |   |  | 1,516           |   |  | 229,524         |  
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Cash - end of period                            |  | -                                                                        |   |  | -               |   |  | 11,823          |  
|                                                |  |                                                                          |   |  |                 |   |  |                 |  
|Supplemental Cash Flow Information              |  |                                                                          |   |  |                 |   |  |                 |  
|Interest paid                                   |  | -                                                                        |   |  | -               |   |  | -               |  
|Income taxes paid                               |  | -                                                                        |   |  | -               |   |  | -               |  

See condensed notes to the unaudited Interim Consolidated
Financial Statements

5

---

URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (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, 2009. Interim financial
      statements should be read in conjunction with the companys annual audited
      financial statements for the year ended September 30, 2008.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|   | 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.

Effective January 1, 2007 the Company has changed its primary
operation from operating a boat launch to mining exploration.

6

---

URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (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. The Company has no source for
operating revenue and expects to incur significant expenses before establishing
operating revenue. The Company has a need for equity capital and financing for
working capital and exploration of its properties. Because of continuing
operating losses, negative working capital and cash outflows from operations,
the Companys continuance as a going concern is dependent upon its ability to
obtain adequate financing and to reach profitable levels of operation. The
Companys future success is dependent upon its continued ability to raise
sufficient capital, not only to maintain its operating expenses, but to explore
for uranium reserves. There is no guarantee that such capital will continue to
be available on acceptable terms, if at all or if the Company will attain
profitable levels of operation. Managements plans to mitigate these conditions
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 loss
of $223,153 for the nine month period ended June 30, 2009 which includes
non-cash stock based compensation expense for $74,083. At June 30, 2009, the
Company had an accumulated deficit of $1,207,720. 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. In April 2007, the Company received stock subscription of $600,000. In
April 2008, the Company received stock subscription for $20,000, in May 2008 the
Company received stock subscription for $25,000. During the three months ended
September 30, 2008, the Company received stock subscription for $50,000.In
October, 2008, the Company received an additional stock subscription for
$25,000. In March 2009, the Company issued 1,270,836 common shares to all
subscribers who had subscribed to the Companys stock from Jan 2007 to December
2008. In June, 2009, the Company received stock subscription for $36,000.
Subsequent to the quarter ended June 30, 2009, the Company received stock
subscription for $12,500. 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




As at June 30, 2009
    
    Cost
    
    
    Accumulated Amortization
    
    
    Net Book Value (June 30,
      2009)
    
    
    Net Book Value (September 30, 2008)Computer Equipment
    $
    6,480
    
    $
    1,957
    
    $
    4,523
    
    $
    5,322Furniture and Fixtures
    $
    1,022
    
    $
    373
    
    $
    649
    
    $
    763Total
    $
    7,502
    
    $
    2,330
    
    $
    5,172
    
    $
    6,085


7

---

URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

4.

Capital Stock

| | Authorized:           
      450,000,000 common shares $0.001 par value    
| | ---------------------------------------------------------------------------
| | Issued:                    
      66,090,836 common shares $0.001 par value

Year ended September 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. The Company issued shares on March 9,
2009. In May 2008, the Company received $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. The Company issued shares on March 9, 2009. During
the three months of July to September 2008, the Company received an additional
$50,000 stock subscription for 166,667 common shares at $0.30 per share, as part
of its efforts to raise funds through private placement of shares. The Company
issued shares on March 9, 2009.

Three month period ended December 31, 2008

In October 2008, the Company received $25,000 stock
subscription for 312,500 common shares at $0.08 per share, as part of its
efforts to raise funds through private placement of shares. The Company issued
shares on March 9, 2009.

Three month period ended March 31, 2009

On March 9, 2009, the Company issued 1,270,836 common shares
for a total of $795,000 stock subscriptions received during the prior period
from January 2007 to December 2008.

Three month period ended June 30, 2009

In June 2009, the Company received $36,000 stock subscription
for 360,000 common shares at $0.10 per share, as part of its efforts to raise
funds through private placement of shares.. The Company also issued 500,000
restricted common shares to Sparrowtech Resources, Inc, (Optionor) for a right
to earn a 49% interest in the mineral claims situated in, La Paz, Arizona, USA,
generally known and described as the Eagle Nest Mining Property (Eagle Nest)
The Company expensed this cost of $20,000 to project expense.

5.

Stock Based Compensation

In April 2007, the Board of Directors approved an employee
stock option plan ("2007 Non-Qualified Stock Option Plan"), the purpose of which
is to promote the financial success and interests of the Company and materially
increase shareholder value by giving incentives to the eligible officers and
other employees and directors of, and consultants and advisors to, the Company
through providing opportunities to acquire stock in the Company. Under the 2007
Stock Option Plan, officers, directors, employees and consultants who provide
services to the Company may be granted options to acquire common shares of the
Company at not less than the fair market value of the stock on the date of
grant. The total number of shares reserved for issuance under the 2007 Non
Qualified Stock Option Plan is 2,000,000.

The Company has adopted SFAS123 (Revised) commencing as of July
1, 2005. The fair value of each grant was estimated at the grant date using the
Black-Scholes option-pricing model. The Black-Scholes option pricing model
requires the use of certain assumptions, including expected terms, expected
volatility, expected dividends and risk-free interest rate to calculate the fair
value of stock-based payment awards. The assumptions used in calculating the
fair value of stock option awards involve inherent uncertainties and the
application of management judgment.

8

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URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

5.

Stock Based Compensation-Contd

The expected term calculation is based upon the expected term
the option is to be held, which is the full term of the option. The risk-free
interest rate is based upon the U.S. Treasury yield in effect at the time of
grant for an instrument with a maturity that is commensurate with the expected
term of the stock options. The dividend yield of zero is based on the fact that
we have never paid cash dividends on our common stock and we have no present
intention to pay cash dividends. The expected forfeiture rate of 0% is based on
the vesting of stock options in a short period of time.

During the year ended September 30, 2008 the Company granted
the following stock options:

On September 9, 2008 the Board granted stock options to two (2)
Directors and One (1) Officer to purchase 250,000 common shares each at an
exercise price of $0.24 per share for a total of 750,000 common shares and to
the Companys Chief Executive Officer to purchase 1,000,000 common shares at an
exercise price of $0.24 per common share. These options are each granted in
accordance with the terms of the Companys 2007 Non-Qualified Stock Option Plan
and shall vest as follows:

(i) one fourth (1/4 th) of the shares shall vest and
exercisable on the grant date, (ii) one fourth (1/4 th) of the shares
shall vest six months from the grant date (iii) one fourth (1/4 th)
of the shares shall vest twelve months from the grant date, and (iv) one fourth
(1/4 th) of the shares shall vest eighteen months from the grant
date. The option granted shall be for a term of 5 years.

Due to the resignation of the Chief Executive Officer and two
directors of the Company, in March 2009, their unvested options got cancelled.

For this nine month period ended June 30, 2009, the Company has
recognized in the financial statements, stock-based compensation costs as per
the following details. The fair value of each option used for the purpose of
estimating the stock compensation is based on the grant date using the
Black-Scholes option pricing model with the following weighted average
assumptions:

Date of grant
    
    9
      September 2008Risk free rate
    
    2.95%Volatility factor
    
    109.06%Expected dividends
    
    0%Forfeiture rate
    
    0%Expected life
    
    5 yearsExercise price
    $
    0.24Total number of options
    
    1,750,000Grant date fair value
    $
    0.17Total number of options
    forfeited
    
    1,500,000Stock-based compensation cost
    expensed during the nine month period ended June 30, 2009
    $
    74,083Unexpended Stock -based compensation cost
      deferred over the vesting period
    $
    15,071


As of June 30, 2009 there was $15,071 of unrecognized expenses
related to non-vested stock-based compensation arrangements granted.

9

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URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

|6. | 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.                                                                                                                                                                                                                                                                                                                            
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|7. | Related Party Transactions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   | Nine month period ended June 30, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   | The Company expensed $29,598 as management fee to the Chief Executive Officer who resigned in March 2009 and $8,000 fee to the Chief Financial Officer. Also, the Company expensed $11,656 as consulting fee to its
Ex-Chief Executive Officer who is also a significant shareholder.                                                                                                                                                                                                                                   
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   | On September 9, 2008 the Board granted stock options to two (2) Directors and One (1) Officer to purchase 250,000 common shares each at an exercise price of $0.24 per share for a total of 750,000 common shares and to the
Companys Chief Executive Officer to purchase 1,000,000 common shares at an exercise price of $0.24 per common share. These options are each granted in accordance with the terms of the Companys 2007 Non-Qualified Stock Option Plan and
shall vest as follows:                         
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   | (i) one fourth (1/4 th) of the shares shall vest and exercisable on the grant date, (ii) one fourth (1/4 th) of the shares shall vest six months from the grant date (iii) one fourth (1/4 th) of the shares shall vest twelve months from the grant date, and (iv) one fourth (1/4 th) of the shares shall vest eighteen months
from the grant date. The option granted shall be for a term of 5 years. The Company expensed $74,083 as stock based compensation expense for the nine month period ended June 30 ,2009.
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|   | The Director of the Company paid the deposit of $10,000 due on signing the LOI with Sparrowtech Resources, Inc, (Optionor) for a right to earn 49% interest in the Eagle Nest Mining Property during the quarter ended
June 30, 2009.                                                                                                                                                                                                                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|8. | 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, 2008 the Company had paid $25,000 to Trimark and this payment had been expensed as project expense. The Company was required to make the
second payment relating to the acquisition cost of $100,000 prior to October 13, 2008 for which the Company is in default. As a result, the agreement with Trimark has been terminated and the Company has abandoned the project.

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").

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.

10

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URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

8.

Commitments and Contingencies-Contd

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 in 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 $1.00 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.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

|8. | Commitments and Contingencies-Contd
|-- | ------------------------------------

c) Effective April 21, 2009, the Company signed a Letter of Intent/Option
      Agreement with SparrowtechResources, Inc, (Optionor) for a right to earn a 49% interest
in the mineral claims situated in, La Paz, Arizona, USA, generally known and
described as the Eagle Nest Mining Property (Eagle Nest). The initial option
period will be for a maximum of one year from the effective date. The Optionor
granted to the Company the right and option to acquire a 49% interest in the
Eagle Nest property by making the following payments to the Optionor plus the
cost of expenditures for mining work (Expenditures) and issuing shares of its
capital as follows:

1 . Deposit due on signing of LOI and paid
    $
    10,000Due and payable to the Optionor by May 31,
      2009 and paid
    $
    35,000Work program commitment
      expenditures to be incurred on exploration:Within three months-Before August 21, 2009*
    $
    60,000Within nine months-Before
      January 21, 2010
    $
    90,000Total within one year- Before April 21,
      2010
    $
    150,000*The Company obtained an extension from
      July 21, 2009 to August 21, 2009


2.  The Company will issue two (2) million restricted common
      shares of the Companys common stock to the Optionor by May 15, 2009. This
      was revised to issuance of a total of 500,000 restricted common shares
      which were issued in June 2009.3. On subsequent anniversary dates, the Company will pay
      $15,000 to the Optionor:


April 21, 2010
    $
    15,000April 21, 2011
    $
    15,000April 21, 2012
    $
    15,000


Any expenditure incurred in excess for such period shall be
credited towards the expenditures required for the succeeding period or periods.
The initial option may be terminated by the Company at their sole discretion any
time after the exploration payments for the initial minimum of nine months of
assessment work and taxes are paid. If the Company elects to terminate the
Initial Option, the Company will not have acquired any interest in the Property.
During the initial option period, the Optionor will be the operator manager of
the exploration programs and will be entitled to a 15% administration fee on
exploration expenditures. All costs related to keeping the property in good
standing including property taxes and costs to maintain the concessions in good
standing will be considered allowed exploration expenditures.

9.

Changes in Directors and Officers

Effective March 3, 2009, Mr. Reno J. Calabrigo was appointed a
director and filled the vacancy created by the resignation of Mr. Howard Barth
as director.

Effective March 4, 2009, Mr. Reno J. Calabrigo was appointed
Chief Executive Officer, President, Secretary and Treasurer of the Company.

Effective March 4, 2009, Mr. Akolisa Ufodike and Mr. Ghaith
Qamheiah resigned as directors of the Company.

12

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URANIUM HUNTER CORPORATION.(AN EXPLORATION STAGE
MINING COMPANY) Condensed Notes to Interim Financial Statements June 30,
2009 (Amounts expressed in US Dollars) (Unaudited-Prepared by
Management)

10.

Subsequent Events

Stock subscriptions:

Subsequent to the quarter ended June 30, 2009, the Company received subscription for 125,000 common shares at $0.10 per share, as part of its efforts to raise funds through private placement of shares.

13

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Item 2.  Managements Discussion and Analysis of Financial Condition and Results of Operations.

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-Q.

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. Such project has been abandoned by us. See The Gambaro Property below.

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).

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.

14

---

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 Company was required to make the second payment relating to the acquisition cost of $100,000 prior to October 13, 2008 for which the Company is in default. As a result, the agreement with Trimark has been terminated and the Company has
abandoned the project.

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).

15

---

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 in 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.

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 Eagle Nest Property

Effective April 21, 2009, the Company signed a Letter of
Intent/Option Agreement with Sparrowtech Resources, Inc, (Optionor) for a
right to earn a 49% interest in the mineral claims situated in, La Paz, Arizona,
USA, generally known and described as the Eagle Nest Mining Property (Eagle
Nest). The initial option period will be for a maximum of one year from the
effective date. The Optionor granted to the Company the right and option to
acquire a 49% interest in the Eagle Nest property by making the following
payments to the Optionor plus the cost of expenditures for mining work
(Expenditures) and issuing shares of its capital as follows:

1  . Deposit due on signing of LOI and paid
    $
    10,000Due and payable to the Optionor by May 31,
      2009 and paid
    $
    35,000Work program commitment
      expenditures to be incurred on exploration:Within three months-Before August 21, 2009*
    $
    60,000Within nine months-Before
      January 21, 2010
    $
    90,000Total within one year- Before April 21,
      2010
    $
    150,000*The Company obtained an extension from
      July 21, 2009 to August 21, 2009


2.   The Company will issue two (2) million restricted common
      shares of the Companys common stock to the Optionor by May 15, 2009. This
      was revised to issuance of 500,000 restricted common shares which were
      issued in June 2009.


16

---

3.   On subsequent anniversary dates, the Company will pay
$15,000 to the Optionor:

April 21, 2010
    $
    15,000April 21, 2011
    $
    15,000April 21, 2012
    $
    15,000


Any expenditure incurred in excess for such period shall be
credited towards the expenditures required for the succeeding period or periods.
The initial option may be terminated by the Company at their sole discretion any
time after the exploration payments for the initial minimum of nine months of
assessment work and taxes are paid. If the Company elects to terminate the
Initial Option, the Company will not have acquired any interest in the Property.
During the initial option period, the Optionor will be the operator manager of
the exploration programs and will be entitled to a 15% administration fee on
exploration expenditures. All costs related to keeping the property in good
standing including property taxes and costs to maintain the concessions in good
standing will be considered allowed exploration expenditures.

Results of Operations

We are now an exploration stage mining company and have not
realized any revenues from such operations. We were incorporated in September
2003 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. Prior year figures have been reclassified
in the balance sheet, income statement and the statement cash flows to reflect
the operations of the boat launch and convenience store business as discontinued
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 $88,499 and $223,153 for the
three and nine months ended June 30, 2009 compared to total operating expenses
of $67,282 and $276,249 for the three and nine months ended June 30, 2008.
Cumulatively since inception of exploration, we had total operating expenses of
$1,153,915. General and administrative expenses were $23,194 and $157,240 and
project expenses were $65,000 and $65,000 for the three and nine months ended
June 30, 2009 compared to $66,915 and $203,559 and $nil and $71,867 for the
three and nine months ended June 30, 2008. Cumulatively since inception of
exploration, general and administrative expenses were $827,139 and project
expenses were $324,446.

For the three and nine months ended June 30, 2009, we had a net
loss of $88,499 and $223,153 compared to a net loss of $67,282 and $276,249 for
the three and nine months ended June 30, 2008. Cumulatively since inception of
exploration, we had a net loss of $1,153,915. 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.

Liquidity and Capital Resources

On June 30, 2009, we had a working capital deficit of $170,149
and a stockholders deficit of $164,977, compared to working capital deficit of
$102,992 and stockholders deficit of $96,907 on September 30, 2008. On June 30,
2009, we had $nil in cash and cash equivalents, total assets of $5,172 and total
liabilities of $170,149, compared to $1,516 in cash and cash equivalents, total
assets of $7,601 and total liabilities of $104,508 on September 30, 2008.

Cash used for operating activities for the nine months ended
June 30, 2009 was $72,516 primarily due to a net loss of $223,153 together with
increase in accounts payable and accrued liabilities of $55,641, issue of shares
for mineral claims for $20,000 and stock based compensation expense for $74,083.
Cash used in 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
together with decrease in prepaid expenses of $8,616 and an increase in accounts
payable and accrued liabilities of $6,192. 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 no investing activities for the nine months
ended June 30, 2009. There was cash provided by financing activities for $45,000
during the nine months ended June 30, 2008 compared to net cash provided by
financing activities of $71,000 for the nine months ended June 30, 2009
resulting from a stock subscription received of $61,000 and loans/advances from
related party for $10,000.

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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 $223,153 for the nine month period ended June 30, 2009. At June 30, 2009, we had an accumulated
deficit of $1,153,915. We have 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. In April 2007, the Company
received stock subscription of $ 600,000. In April 2008, the Company received stock subscription for $20,000, in May 2008 the Company received stock subscription for $25,000. During the three months ended September 30, 2008, the Company
received stock subscription for $50,000.In October, 2008, the Company received an additional stock subscription for $25,000. In March 2009, the Company issued 1,270,836 common shares to all subscribers who had subscribed to the
Companys stock from Jan 2007 to December 2008. In June, 2009, the Company received stock subscription for $36,000. Subsequent to the quarter ended June 30, 2009, the Company received stock subscription for $12,500.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.

Off-Balance Sheet Arrangements

We do not have any off balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity, capital
expenditures or capital resources that are material to investors.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

Item 4T. Controls and Procedures.

Under the supervision and with the participation of our management, including the Principal Executive Officer and Principal 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, our Principal Executive Officer and Principal Financial Officer have concluded that, as of June 30, 2009, 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 Principal Executive Officer and Principal Financial Officer, as appropriate to allow timely decisions regarding
required disclosure.

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

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PART II - OTHER INFORMATION

Item 1.

Legal Proceedings.

There are no material pending legal proceedings to which we are a party or to which any of our property is
subject.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

On March 9, 2009, the Company issued 1,270,836 common shares for a total of $795,000 stock subscriptions received during the prior period from January 2007 to December 2008. 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 Chief 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)                                                            

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SIGNATURES

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

URANIUM HUNTER CORPORATION(Registrant)

|Dated: | August 17, 2009 | By: | /s/ Reno J.
      Calabrigo          
|------ | --------------- | --- | -------------------------------------
|       |                 |     | Reno J. Calabrigo,                   
|       |                 |     | President and Chief Executive Officer
|       |                 |     | (Principal Executive Officer)        
|       |                 |     |                                      
|       |                 |     |                                      
|       |                 |     |                                      
|Dated: | August 17, 2009 | By: | /s/ Rakesh
      Malhotra            
|       |                 |     | Rakesh Malhotra,                     
|       |                 |     | Chief Financial Officer              
|       |                 |     | (Principal Financial Officer)        

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