UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549





FORM
10K





(x)
            ANNUAL
      REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES ACT OF
      1934


For
      the fiscal year ended September 30,
2008





(
      )
            TRANSACTION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934





For
      the transaction period
      from                                                                
      toCommission
      File
      number                                                                333-148959





SONA RESOURCES, INC.(Exact
      name of Company as specified in
charter)





Nevada
            68-067667State
      or other jurisdiction of incorporation or organization
            (I.R.S.
      Employee I.D. No.)





2/41
      Timurty Om Housing Society, SionChunnabhatti, Mumbai, India
            400022(Address
      of principal executive offices)
            (Zip
      Code)





Issuer’s
      telephone
      number                                                      91 9820600 700Securities
      registered pursuant to Section 12(b) of the Act:





Title
      of each share
            Name
      of each exchange on which registeredNone
            None





Securities
      registered pursuant to Section 12 (g) of the Act:None(Title
      of Class)





Check
whether the Issuer (1) filed all reports required to be filed by section 13 or
15 (d) of the Exchange Act during the past 12 months (or for a shorter period
that Sona Resources, Inc. was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.





(1)   Yes
      [X]
            No
      [ ]
            (2)
            Yes
      [X]    No
  [   ]





Check if
there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of Sona Resources, Inc. knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K. [    ]





State
      issuer’s revenues for its most recent fiscal year:
            $  -0-





Indicate
      by check mark whether the registrant is a shell company (as defined by
      Rule 12b-2 of Exchange Act). Yes [ X
      ]  No
[   ]





State the
aggregate market value of the voting stock held by nonaffiliates of Sona
Resources Inc.   The aggregate market value shall be computed by
reference to the price at which the stock was sold, or the average bid and asked
prices of such stock, as of a specific date within the past 60
days.








-1-







As at
September 30, 2008, the aggregate market value of the voting stock held by
nonaffiliates is undeterminable and is considered to be 0.








(ISSUER
INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE LAST FIVE YEARS)





Not
applicable





(APPLICABLE
ONLY TO CORPORATE COMPANYS)





As of
November 15, 2008, Sona Resources, Inc. has 2,605,500 shares of common stock
issued and outstanding.





DOCUMENTS
INCORPORATED BY REFERENCE





Exhibits
incorporated by reference are referred under Part IV.














-2-









TABLE
OF CONTENTS




PART 1


Page





ITEM
      1.
            DESCRIPTION
      OF BUSINESS
            4ITEM
      2.
            DESCRIPTION
      OF PROPERTY
            12ITEM
      3.
            LEGAL
      PROCEEDINGS
            15ITEM
      4.
            SUBMISSION
      OF MATTERS TO VOTE OF SECURITIES HOLDERS
            15PART IIITEM
      5.
            MARKET
      FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
            15ITEM
      6.
            MANAGEMENT’S
      DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
            15ITEM
      7.
            FINANCIAL
      STATEMENTS
            19ITEM
      8.
            CHANGES
      IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
      DISCLOSURE
            19ITEM
      8A
            CONTROLS
      AND PROCEDURES
            19PART IIIITEM
      9.
            DIRECTORS,
      EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL PERSONS, COMPLIANCE WITH
      SECTION 16 (a) OF THE EXCHANGE ACT
            20ITEM
      10.
            EXECUTIVE
      COMPENSATION
            23ITEM
      11.
            SECURITY
      OWNERSHIP OF CERTAIN BENEFICAL OWNERS AND MANAGEMENT AND RELATED
      STOCKHOLDERS MATTERS
            24ITEM
      12.
            CERTAIN
      RELATIONSHIPS AND RELATED TRANSACTIONS
            27PART IVITEM
      13.
            EXHIBITS
      AND REPORTS ON FORM 8-K
            27ITEM
      14
            PRINCIPAL
      ACCOUNTANTS FEES AND SERVICES
            28SIGNATURES
            30








-3-





PART
1







ITEM
      1.  DESCRIPTION OF
BUSINESS







History
and Organization




Sona is a
start-up, pre-exploration stage company, incorporated in the State of Nevada on
January 18, 2007 and with a fiscal year end of September 30.   We
have no subsidiaries, affiliated companies or joint venture
partners.




Our
business is the search for gold and related minerals. Our planned exploration
work is exploratory in nature.  We have not generated any operating
revenues since inception.  Our sole holding is a 100% interest in the
Sagar Claim located in the Republic of India.  As well all of our
directors, officers and our consulting geologist reside in India. See ‘Risk
Factors’, page 5.  We have not discovered any ores or reserves on the
Sagar Claim. We have incurred losses since inception and we must raise
additional capital to fund our operations.   There is no
assurance we will be able to raise this capital.




Sona has
not conducted any exploration work on the Sagar Claim. With funds on hand we
plan to commence Phase 1 work of a two-phase exploration program recommended for
the Sagar Claim.  It is our plan to commence Phase I work in the late
fall of 2008 or the spring of 2009.  We will have to raise additional
cash to undertake anything beyond this initial work on the Sagar
Claim.




There is
no assurance that a commercially viable mineral deposit, a reserve, exists at
our mineral claim.  There is no assurance a mineral deposit can be
shown to exist on the Sagar acclaim unless and until sufficient and appropriate
exploration is done and a comprehensive evaluation of such work concludes
economic and legal feasibility.   Such work could take many years
and would require expenditure of very substantial amounts of
capital.  We do not presently have such capital.  We may
never be able to raise this capital.




Management
devotes only part-time to Sona’s business. Sona has no fulltime
employees





Principal
Office





Our
administrative office is located at 2/41 Timurty OM Housing Society, Sion,
Chunnabhatti, Mumbai, India 400022.Our telephone
number is 91 9820600 700.





Other
information





Sona has
2,605,500 shares outstanding.





Sona is
responsible for filing various forms with the United States Securities and
Exchange Commission (the “SEC”) such as Form 10K and Form 10Qs.





The
shareholders may read and copy any material filed by Sona with the SEC at the
SEC’s Public Reference Room at 100 F Street, N.E., Washington, DC,
20549.   The shareholders may obtain information on the
operations of the Public Reference Room by calling the SEC at
1-800-SEC-0330.   The SEC maintains an Internet site that
contains reports, proxy and information statements, and other information which
Sona has filed electronically with the SEC by assessing the website using the
following address:  http://www.sec.gov.   Sona
has no website at this time.








-4-











Planned
Business





The
following discussion should be read in conjunction with the information
contained in the financial statements of Sona and the notes, which forms an
integral part of the financial statements, which are attached
hereto.





The
financial statements mentioned above have been prepared in conformity with
accounting principles generally accepted in the United States of America and are
stated in United States dollars.





This Form
10K also contains forward-looking statements that involve risks and
uncertainties.  If any of the events or circumstances described in the
following risks actually occurs, our business, financial condition, or results
of operations could be materially adversely affected and the price of our common
stock, if and when quoted on the OTC Bulletin Board (the “OTCBB”)





DISCLOSURE
REGARDING FORWARD-LOOKING STATEMENTS





This Form
10-K contains statements that constitute forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934 and
Section 27A of the Securities Act of 1933. The words “expect,” “estimate,”
“anticipate,” “predict,” “believe,” and similar expressions and variations
thereof are intended to identify forward-looking statements. Such
forward-looking statements include statements regarding, among other things,
(a) our estimates of mineral reserves and mineralized material,
(b) our projected sales and profitability, (c) our growth strategies,
(d) anticipated trends in our industry, (e) our future financing
plans, (f) our anticipated needs for working capital and (g) the
benefits related to ownership of our common stock. This information may involve
known and unknown risks, uncertainties, and other factors that may cause our
actual results, performance, or achievements to be materially different from the
future results, performance, or achievements expressed or implied by any
forward-looking statements for the reasons, among others, described within the
various sections of this Form 10-K, specifically the section entitled “Risk
Factors” beginning on page 5.   These statements may be found
under “Management’s Discussion and Analysis or Plan of Operations” as well as in
this Form 10-K generally. In light of these risks and uncertainties, there can
be no assurance that the forward-looking statements contained in this Form 10-K
will in fact occur as projected. We undertake no obligation to release publicly
any updated information about forward-looking statements to reflect events or
circumstances occurring after the date of this Form 10-K or to reflect the
occurrence of unanticipated events.





The risks
described below are the ones we believe are most important for you to consider.
These risks are not the only ones that we face. If events anticipated by any of
the following risks actually occur, our business, operating results or financial
condition could suffer and the future price of our common stock, if ever quoted
on the OTCBB, could decline.





RISK  FACTORS




An
investment in our common stock involves an exceptionally high degree of risk and
is extremely speculative. In addition to the other information regarding Sona
contained in this Form 10-K, you should consider many important factors in
determining the financial status of our Company. The following risk factors
reflect the potential and substantial material risks which could be involved if
you decide to purchase future shares in our Company or if you are already a
shareholder in retaining or increasing your position.






-5-






Risks
Associated with our Company:




Since
our assets, together with all of our directors and officers, and our consulting
geologist, are outside the United States (in the Republic of India) it may not
be possible for investors to make service of process on our directors and
officers or to enforce U.S. laws or any judgment obtained in a United States
court, against the Company, its assets, our directors and officers or our
consulting geologist in India.




Our
assets are located outside the United States, in the Republic of
India.   We do not currently, nor do we have plans for the
foreseeable future, to maintain a permanent place of business within the United
States.   We have an agent for service, Budget Corp. of Carson
City, Nevada, who will accept, on our behalf, the service of any legal process
and any demand or notice authorized by law to be served upon a
corporation.  However, our agent for service will not accept service
on behalf of any of our officers or directors, all of whom are residents of
India.  Similarly, our consulting geologist, who has advised the
Company with respect to exploration of its principal asset, the Sagar Claim, is
also a resident of India.  None of these persons has an agent for
service in the United States.  Consequently it may be difficult for
investors to bring a legal action, or obtain a judgment, against the Company, or
more particularly, any of our officers and directors or our consulting
geologist, in a U.S court, based upon the civil liability provisions of U.S.
federal securities laws, or otherwise.  Even if such an action is
brought, and judgment were obtained, in a U.S. court it may be difficult, even
impossible, to enforce such a judgment in the courts of India making it
difficult, if not impossible, to collect on a U.S. judgment in
India.  Furthermore, it may be difficult, or even impossible, for an
investor to bring an original action in the courts of India against Sona, or any
of the above-referenced individuals, whether based upon the civil liability
provisions of U.S. federal securities laws, or any other laws, of the United
States.




Our
liquidity, and thus our ability to continue to operate depends upon the
continuing willingness of our President to finance the Company’s
operations.




We are,
in part, financing our continuing operations with cash loaned to us by our
President.  To date our President has loaned us $8,766 and she has
agreed to advance up to a further $25,000 on an ‘as needed’ basis over the
coming twelve (12) months.  Without these loan advances we would be
forced to go out of business.  Even if our President advances a
further $25,000 over the coming twelve (12) months, we expect our cash resources
to satisfy our needs to only to approximately June 2009.




Furthermore,
the loan advances made by our President are repayable on
demand.  Accordingly, if our President were to demand repayment of his
loan advances we would not have sufficient funds to satisfy our cash
requirements and would be forced to go out of business.




We
lack an operating history and have losses, which we expect to continue into the
future. As a result, we may have to suspend or cease exploration activity or
cease operations.




We were
incorporated on January 18, 2007 and have not yet conducted any exploration
activities.  We have not generated any revenues. We have no
exploration history upon which you can evaluate the likelihood of our future
success or failure.  Our net loss from inception to September 30,
2008, the date of our most recent unaudited financial statements, is
$68,302.  Our ability to achieve profitability and positive cash flow
in the future is dependent upon




*
            our
      ability to locate a profitable mineral property*
            our
      ability to locate an economic ore reserve*
            our
      ability to generate revenues*
            our
      ability to reduce exploration
costs.






-6-






Based
upon current plans, we expect to incur operating losses in future periods. This
will happen because there are expenses associated with the research and
exploration of our mineral property. We cannot guarantee we will be successful
in generating revenues in the future. Failure to generate revenues may cause us
to go out of business.




We have no known
ore reserves and we cannot guarantee we will find any gold and/or silver
mineralization
or, if we find gold and/or silver mineralization, that it may be economically
extracted. If we fail to find any gold and/or silver mineralization or if we are
unable to find gold and/or silver mineralization that may be economically
extracted, we will have to cease operations.




We have
no known ore reserves. Even if we find gold and/or silvermineralizationwe
cannot guarantee that any gold and/or silver mineralizationwill
be of sufficient quantity so as to warrant recovery. Additionally, even if we
find gold and/or silver mineralizationin
sufficient quantity to warrant recovery, we cannot guarantee that the ore will
be recoverable. Finally, even if any gold and/or silvermineralizationis
recoverable, we cannot guarantee that this can be done at a profit. Failure to
locate gold deposits in economically recoverable quantities will cause us to
cease operations.




Because
the probability of an individual prospect ever having reserves is extremely
remote, in all probability our property does not contain any reserves, and any
funds spent on exploration will be lost.




Because
the probability of an individual prospect ever having reserves is extremely
remote, in all probability our sole property, the Sagar Claim, does not contain
any reserves, and any funds spent on exploration will be lost. If we cannot
raise further funds as a result, we may have to suspend or cease operations
entirely which would result in the loss of your investment.




Because
our officers and directors do not have technical training or experience in
starting, and operating an exploration company nor in managing a public company,
we will have to hire qualified personnel to fulfill these functions. If we lack
funds to retain such personnel, or cannot locate qualified personnel, we may
have to suspend or cease exploration activity or cease operations which will
result in the loss of your investment.




One of
our directors is a professional geologist and has considerable experience
exploring for minerals.  However, none of our management team has
experience starting and operating a mineral exploration company, nor do they
have training in these areas.  As a result their decisions and choices
may not take into account standard managerial approaches mineral exploration
companies commonly use. Consequently our ultimate financial success could suffer
irreparable harm due to certain of management's lack of
experience.  Additionally, our officers and directors have no direct
training or experience in managing and fulfilling the regulatory reporting
obligations of a ‘public company’ like Sona.  We will have to hire
professionals to undertake these filing requirements for Sona and this will
increase the overall cost of operations. As a result we may have to suspend or
cease exploration activity, or cease operations altogether, which will result in
the loss of your investment.




If
we don't raise enough capital for exploration, we will have to delay exploration
or go out of business, which will result in the loss of your
investment.




We
estimate that, with funding committed by our management combined with our cash
on hand, we have sufficient cash to continue operations for twelve months
provided we only carry out the planned portion of Phase I of our planned
exploration activity.  We are in the pre-exploration
stage.  We need to raise additional capital to undertake the remainder
of Phase I, or any of Phase II, of our planned exploration
activity.  You may be investing in a company that will not have the
funds necessary to conduct any meaningful exploration activity due to our
inability to raise additional capital. If that occurs we will have to delay
exploration or cease our exploration activity and go out of business, which will
result in the loss of your investment.






-7-






Since we are
small and do not have much capital, we must limit our exploration and as a
result may not find an ore body. Without an ore
body, we cannot generate revenues and you will lose your
investment.




The
possibility of development of and production from our exploration property
depends upon the results of exploration programs and/or feasibility studies and
the recommendations of duly qualified professional engineers and
geologists.  We are small company and do not have much
capital.  We must limit our exploration activity unless and until we
raise additional capital.  Any decision to expand our operations on
our exploration property will involve the consideration and evaluation of
several significant factors beyond our control.  These factors
include, but are not limited to:




●
            Market
      prices for the minerals to be produced;●
            Costs
      of bringing the property into production including exploration preparation
      of production feasibility studies and construction of production
      facilities;●
            Political
      climate and/or governmental regulations and controls;●
            Ongoing
      costs of production;●
            Availability
      and cost of financing; and●
            Environmental
      compliance regulations and
restraints.




These
types of programs require substantial capital. Because we may have to limit our
exploration, we may not find an ore body, even though our property may contain
mineralized material. Without an ore body, we cannot generate revenues and you
will lose your investment.




Because our
officers and directors have other outside business activities and may not be in
a position to devote a majority of their time to our exploration activity, our
exploration activity may be sporadic which may result in periodic interruptions
or suspensions of exploration.




Our
President will be devoting only a portion of his time, approximately 15 hours
per month, to our business.  Our Chief Financial Officer and
Secretary-Treasurer will be devoting only approximately 8 hours per month to our
operations.  Our remaining director, Fidel Pernites, will be devoting
almost no time to our affairs except during the limited time during which we
undertake exploration work on the Sagar Claim at which time Mr. Pernites, a
professional geologist, is expected to devote a significant portion of his time
on behalf of the Company.  While our officers and directors presently
possess adequate time to attend to our business, it is possible that the demands
of their other obligations could increase with the result that our affairs are
not effectively managed. As a consequence our business may suffer with our
exploration activity being under-funded, sporadic or periodically interrupted or
suspended.   Such suspensions or interruptions may cause us to
cease operations altogether and go out of business.




We
may not have access to all of the supplies and materials we need to begin
exploration which could cause us to delay or suspend exploration
activity.




We have
made no attempt to locate or negotiate with any suppliers of products, equipment
or materials. We will attempt to locate products, equipment and materials as and
when we begin to undertake exploration activity in 2008.  Competition
and unforeseen limited sources of supplies in the industry could result in
occasional spot shortages of equipment and/or supplies we need to conduct our
planned exploration work.  If we cannot find the products and
equipment we need, we will have to suspend our exploration plans until we do
find the products and equipment we need.






-8-






Mineral
exploration is highly speculative, involves substantial expenditures, and is
frequently non-productive





Mineral exploration
involves a high degree of risk and exploration projects are frequently
unsuccessful. Few prospects that are explored end up being ultimately developed
into producing mines. As we are exclusively involved in mineral exploration, the
long-term success of our operations will be related to the cost and success of
our exploration programs. We cannot assure you that our mineral exploration
efforts will be successful. The risks associated with mineral exploration
include the identification of potential economic mineralization based on
superficial analysis; the quality of our management and our geological and
technical expertise; and the capital available for exploration and
development.     Substantial expenditures are required
to determine if a project has economically mineable mineralization. It may take
several years to establish proven and probable reserves and to develop and
construct mining and processing facilities. Because of these uncertainties, our
current and any future exploration programs may not result in the discovery of
reserves, the expansion of our existing reserves or the further development of
our mines.





Mineral
exploration is highly speculative.





Exploration for minerals is highly
speculative and involves greater risks than are inherent in many other
industries. Many exploration programs do not result in the discovery of
mineralization, and any mineralization discovered may not be of sufficient
quantity or quality to be profitably mined. Also, because of the uncertainties
in determining metallurgical amenability of any minerals discovered, the mere
discovery of mineralization may not warrant the mining of the minerals on the
basis of available technology. The exploration targets on the properties we own,
lease or acquire in the future may not contain commercially mineable mineral
deposits.





No
matter how much money is spent on the Sagar Claim, the risk is that we might
never identify a commercially viable ore reserve.





Over the
coming years, we might expend considerable capital on exploration of the Sagar
Claim without finding anything of value.  It is very likely the Sagar
Claim does not contain any reserves so any funds spent on exploration will
probably be lost.  No matter how much money is spent on the Sagar
Claim, we might never be able to find a commercially viable ore
reserve.




Even
if our property were found to contain a deposit, since we have not put a mineral
deposit into production before, we will have to acquire outside expertise. If we
are unable to acquire such expertise we may be unable to put our property into
production and you may lose your investment.




We have
no experience in placing mineral deposit properties into production, and our
ability to do so will be dependent upon using the services of appropriately
experienced personnel or entering into agreements with other major resource
companies that can provide such expertise. There can be no assurance that we
will have available to us the necessary expertise when and if we place a mineral
deposit into production.




Mineral
exploration and development activities are inherently risky and we may be
exposed to environmental liabilities. If such an event were to occur it may
result in a loss of your investment.




The
business of mineral exploration and extraction involves a high degree of risk.
Few properties that are explored are ultimately developed into
production.  Most exploration projects do not result in the discovery
of commercially mineable deposits of ore.  The Sagar Claim, our sole
property, does not have a known body of commercial ore. Should our mineral claim
be found to have commercial quantities of ore, we would be subject to additional
risks respecting any development and production activities. Unusual or
unexpected formations, formation pressures, fires, power outages, labor
disruptions, flooding, explosions, cave-ins, landslides and the inability to
obtain suitable or adequate machinery, equipment or labor are other








-9-








risks
involved in extraction operations and the conduct of exploration programs. We do
not carry liability insurance with respect to our mineral exploration operations
and we may become subject to liability for damage to life and property,
environmental damage, cave-ins or hazards. There are also physical risks to the
exploration personnel working in the rugged terrain of India, often in poor
climatic conditions. Previous mining exploration activities may have caused
environmental damage to the Sagar Claim. It may be difficult or impossible to
assess the extent to which such damage was caused by us or by the activities of
previous operators, in which case, any indemnities and exemptions from liability
may be ineffective.




Even
with positive results during exploration, the Sagar Claim might never be put
into commercial production due to inadequate tonnage, low metal prices or high
extraction costs.





We might
be successful, during future exploration programs, in identifying a source of
minerals of good grade but not in the quantity, the tonnage, required to make
commercial production feasible.  If the cost of extracting any
minerals that might be found on the Sagar Claim is in excess of the selling
price of such minerals, we would not be able to develop the
claim.  Accordingly even if ore reserves were found on the Sagar
Claim, without sufficient tonnage we would still not be able to economically
extract the minerals from the claim in which case we would have to abandon the
Sagar Claim and seek another mineral property to develop, or cease operations
altogether.




Risks
Associated with Our Shares:




Our
officers and directors own a substantial amount of our common stock and will
have substantial influence over our operations.




Our
directors and officers currently own 2,000,000 shares of common stock
representing 77% of our outstanding shares.  Such directors and
officers have registered for resale 200,000 of their shares.  Assuming
that such directors and officers sell their 200,000 shares, they will still own
1,800,000 shares of common stock representing 69.1% of our outstanding
shares.  As a result, they will have substantial influence over our
operations and can effect certain corporate transaction without further
shareholder approval.  This concentration of ownership may also have
the effect of delaying or preventing a change in control.




Without a public market there is no
liquidity for our shares and our shareholders may never be able to sell their
shares which would result in a total loss of their investment.




Our
common shares are not listed on any exchange or quotation
system.  There is no market for our
shares.   Consequently, our shareholders will not be able to sell
their shares in an organized market place unless they sell their shares
privately.  If this happens, our shareholders might not receive a
price per share which they might have received had there been a public market
for our shares.   Once this registration statement becomes
effective, it is our intention to apply for a quotation on the OTCBB
whereby:





●
            We
      will have to be sponsored by a participating market maker who will filea
      Form 211 on our behalf since we will not have direct access to the
      FINRA
              personnel;
      and●
            We
      will not be quoted on the OTCBB unless we are current in our periodicreports
      filed with the SEC.





From the
date of this Form 10-K, we estimate that it will take us between twelve to
eighteen weeks to be approved for a quotation on the OTCBB.  However,
we cannot be sure we will be able to obtain a participating market maker or be
approved for a quotation on the OTCBB, in which case, there will be no liquidity
for the shares of our shareholders.






-10-







Even if a market develops for our shares our shares
may be thinly traded, with wide share price fluctuations, low share prices and
minimal liquidity.





If a
market for our shares develops, the share price may be volatile with wide
fluctuations in response to several factors, including:





●
            Potential
      investors’ anticipated feeling regarding our results of
      operations;●
            Increased
      competition and/or variations in mineral prices;●
            Our
      ability or inability to generate future revenues; and●
            Market
      perception of the future of the mineral exploration
    industry.





In
addition, if our shares are quoted on the OTCBB, our share price may be impacted
by factors that are unrelated or disproportionate to our operating
performance.  Our share price might be affected by general economic,
political and market conditions, such as recessions, interest rates or
international currency fluctuations.  In addition, even if our stock
is approved for quotation by a market maker through the OTCBB, stocks traded
over this quotation system are usually thinly traded, highly volatile and not
followed by analysts.  These factors, which are not under our control,
may have a material effect on our share price.





We
anticipate the need to sell additional treasury shares in the future meaning
that there will be a dilution to our existing shareholders resulting in their
percentage ownership in the Company being reduced accordingly.





We may
seek additional funds through the sale of our common stock.  This will
result in a dilutive effect to our shareholders whereby their percentage
ownership interest in the Company is reduced.  The magnitude of this
dilutive effect will be determined by the number of shares we will have to issue
in the future to obtain the funds required.




Since our securities are
subject to penny stock rules, you may have difficulty reselling your
shares.




Our
shares are "penny stocks" and are covered by Section 15(g) of the Securities
Exchange Act of 1934 which imposes additional sales practice requirements on
broker/dealers who sell the Company's securities including the delivery of a
standardized disclosure document; disclosure and confirmation of quotation
prices; disclosure of compensation the broker/dealer receives; and, furnishing
monthly account statements. For sales of our securities, the broker/dealer must
make a special suitability determination and receive from its customer a written
agreement prior to making a sale. The imposition of the foregoing additional
sales practices could adversely affect a shareholder's ability to dispose of his
stock.





Foreign
Currency and Exchange Rates




Our
mineral property is located in the Republic of India and costs expressed in the
geological report on the Claim are expressed in Indian Rupees. For purposes of
consistency and to express United States Dollars throughout this registration
statement, Indian Rupees have been converted into United States currency at the
rate of US $1.00 being approximately equal to Ind. R. 39.5 or 1(one) Ind. R.
being approximately equal US $0.0253 which is the approximate average exchange
rate during recent months and which is consistent with the incorporated
financial statements.







-11-










ITEM
      2. DESCRIPTION OF PROPERTY







Our sole
mineral property is:





Sagar
Claim





We are
the registered and beneficial owner of a 100% interest in the Sagar
Claim.


The Sagar
Claim covers an area of approximately 98.7 hectares (approximately 244
acres).


The Sagar
Claim is situated in the state of Tamil Nadu in the Republic of
India.  The Sagar Claim was chosen because it is exhibits some
geological similarity to the Polur Gold Claim (located approximately 50
kilometers/31 miles to the east of the Sagar Claim).  The Polur Gold
Claim produced 2.7 million ounces of gold between 1920 and 2002 when the mine
shut down.





Proposed Exploration
Work – Plan of Operation




Mr.
Hirendra Kapadia, P. Geol., authored the "Summary Of Exploration On The Sagar
Property, Chennai, Tamil Nadu  India” dated May 1, 2007 (the “Kapadia
Report”), in which he recommended a phased exploration program to properly
evaluate the potential of the claim.  Mr. Kapadia is a registered
Professional Geologist in good standing in the Geological Society of India. He
is a graduate of the University of Western Australia, Perth, Australia with a
Bachelor of  Science (1977) and a Masters of Science
(1982).   Mr. Kapadia has practiced his profession as a geologist
continuously since 1987.  He visited the area covered by our claim in
April of 2007.




We must
conduct exploration to determine what minerals exist, if any, on our property
and whether they can be economically extracted and profitably processed. We plan
to proceed with exploration of the Sagar Claim by commencing Phase I of the work
recommended in the Kapadia Report, in order to begin determining the potential
for discovering commercially exploitable deposits of gold on our
claim.




We have
not discovered any ores or reserves on the Sagar Claim, our sole mineral
property. Our planned Phase I work is exploratory in nature.




The
Kapadia Report recommends a number of steps in Phase I work to properly evaluate
the potential of the claim.  Phase I work will include of geological
mapping, sampling and surveying (including whole rock chemical analysis) to
define and enable interpretation and evaluation of the feasibility and utility
of undertaking Phase II work (being an exploratory diamond drill
program).




We
anticipate, based on the estimate contained in the Kapadia Report, that the
Phase I work we will undertake with cash on hand will cost approximately $7,600
(Ind. Rs 300,000) and will consist, primarily, of geological
mapping.




At this
point we have funds available to complete only a portion of Phase
I.   Phase I work will include establishing a grid and the
creation of maps showing the location of all roads in and near the perimeter of
the Sagar Claim.  The laying out of a grid and line cutting involves
the physical cutting of the underbrush and overlay to establish an actual grid
on the ground whereby items can be related one to another more easily and with
greater accuracy. When we map, we essentially generate a drawing of the physical
features of the land we are interested in as well as a depiction of what may
have been found in relation to the boundaries of the property. So we will
actually draw a scale map of the area and make notes on it as to the location
where anything was found that was of interest or not.  In the process
we will also identify any showings which appear to warrant sampling, i.e. any
rock formations that appear to warrant our taking soil and rock samples from the
claims to a laboratory where a determination of the elemental make up of the
sample and the exact concentrations of chromite and other indicator minerals can
be made.  As noted above, we expect the costs of Phase I work to total
approximately $7,600 (Ind. Rs 300,000).






-12-









Based on
estimates in the Kapadia Report, we will have to raise an additional $28,500
(Ind. Rs 1,122,000) in order to carry out Phase I work in its entirety, let
alone any Phase II drilling, should that be judged to be warranted following
completion and evaluation of all Phase I work recommended in the Kapadia
Report.





Particularly
since we have a limited operating history, no reserves and no revenue, our
ability to raise additional funds is limited.  If we are unable to
raise the necessary funds we will be required to suspend Sona’s operations and
liquidate our company.   See, particularly, ‘Risk Factors’ page
5.





Particulars
of the Sagar Claim, our sole mineral property, together with issues we face in
conducting exploration work on the property, follow.




Location
and Access




The Sagar
Claim is located approximately 42 kilometers (26 miles) east of the town of
Vandavasi, near the southeastern corner of India in the state of Tamil
Nadu.   The area covered by the Sagar Claim is an active mineral
exploration and development region with plenty of heavy equipment and operators
available for hire. The town of Vandavasi provides all necessary amenities and
supplies including, an experienced workforce, fuel, helicopter services,
hardware, drilling companies and assay services.  Access to the Sagar
Claim is via government maintained all-weather road.   No water
is required for the purposes of our planned exploration work.  No
electrical power is required at this stage of exploration.  Any
electrical power that might be required in the foreseeable future could be
supplied by gas powered portable generators.





Tropical
mountain forests grow at lower elevations in the northeast corner of the claim
and good rock exposure is found along the peaks and ridges in the western
portion of the claim. The area has a tropical and humid climate, with an
oppressive summer and plentiful seasonal rainfall. The summer season, from March
to May, is followed by the south west monsoon from June to September. The north
east monsoon lasts from October to November.  The claim area can be
worked, essentially, year round.





There are
no known environmental concerns or parks designated for any area contained
within the claims. The property has no encumbrances.





Property
Geology





The
principal bedded rocks for the area of Sagar Claim are Precambrian rocks that
are exposed along a wide axial zone of a broad complex. In this region gold is
generally concentrated within extrusive Precambrian rocks in the walls of large
volcanic caldera.  The volcanic rocks are typically intruded with
quartz veins that may be broken due to mechanical and chemical weathering into
sand size particles and carried by streams and channels - rocks that are
found at those mineral occurrence sites.





These
rocks consisting of cherts and argillites (sediments) and andesitic to basaltic
volcanic have been intruded by granodiorite. Structures and mineralization
probably related to this intrusion are found throughout the region and occur on
the claim. They are associated with all the major mineral occurrences and
deposits in the area.  Past gold production, along with recent
exploration, in the area near the Sagar Claim has resulted in the discovery of
gold occurrences in shear zones such as those found on our claim.






-13-









Previous
Exploration





While
mineralization found on the Sagar Claim is consistent with that found associated
with zones of extensive mineralization in nearby properties, to the best of our
knowledge, based on examination by our geologist of available records, no
detailed exploration has previously been undertaken on the area covered by the
Sagar Claim.   Our proposed work represents an exploratory search
for minerals on the Sagar Claim.





As
mentioned above however, we determined to acquire and explore the Sagar Claim
because of the fact that numerous showings of mineralization have been
discovered in the area of our claim and one such prospect, the previously
mentioned Polur Gold Claim located some 50 kilometers (31 miles) to the east of
our claim, achieved significant gold production over many decades.





However,
no assurance whatsoever can be given that any meaningful mineralization, let
alone commercially valuable mineralization, will found on the Sagar
Claim.





There are
no permanent facilities, plants, buildings or equipment on the Sagar
Claim.




Competitive
Factors




The
mining industry is highly fragmented. We are competing with many other
exploration companies looking for gold and silver. We are among the smallest
exploration companies in existence and are an infinitely small participant in
the mining business that is the cornerstone of the founding and early stage
development of the mining industry. While we generally compete with other
exploration companies, there is no competition for the exploration or removal of
minerals from our claims. Readily available markets exist for the sale of gold
and silver. Therefore, we will likely be able to sell any gold or silver that we
are able to recover, in the event commercial quantities are discovered on the
Sagar Claim.  There is no ore body on the Sagar Claim.




Regulations




Exploration
activities are subject to various national, state, foreign and local laws and
regulations in the Republic of India, which govern prospecting, development,
mining, production, exports, taxes, labor standards, occupational health, waste
disposal, protection of the environment, mine safety, hazardous substances and
other matters. We believe that we are in compliance in all material respects
with applicable mining, health, safety and environmental statutes and the
regulations passed thereunder in India.




Our
exploration activities are subject to various federal, state and local laws and
regulations governing protection of the environment. These laws are continually
changing and, as a general matter, are becoming more restrictive. Our policy is
to conduct business in a way that safeguards public health and the environment.
We believe that our exploration activities are conducted in material compliance
with applicable laws and regulations. Changes to current local, state or federal
laws and regulations in the jurisdictions where we operate could require
additional capital expenditures and increased operating and/or reclamation
costs. Although we are unable to predict what additional legislation, if any,
might be proposed or enacted, additional regulatory requirements could render
certain exploration activities uneconomic.




Employees




Initially,
we intend to use the services of subcontractors for manual labor exploration
work on our claim.  At present, we have no employees as such although
each of our officers and directors devotes a portion of his time to the affairs
of the Company.  None of our officers and directors has an employment
agreement with us. We presently do not have pension, health, annuity, insurance,
profit sharing or similar benefit plans; however, we may adopt such plans in the
future. There are presently no personal benefits available to any
employee.






-14-








As
indicated above we will hire subcontractors on an as needed basis. We have not
entered into negotiations or contracts with any of potential
subcontractors.  We do not intend to initiate negotiations or hire
anyone until we are nearing the time of commencement of our planned exploration
activities.




Investment
Policies





Sona does
not have an investment policy at this time.  Any excess funds it has
on hand will be deposited in interest bearing notes such as term deposits or
short term money instruments. There are no restrictions on what the director is
able to invest or additional funds held by Sona.   Presently Sona
does not have any excess funds to invest.







ITEM
      3. LEGAL PROCEEDINGS







There are
no legal proceedings to which Sona is a party or to which the Sagar is subject,
nor to the best of management’s knowledge are any material legal proceedings
contemplated.




ITEM
      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES
  HOLDERS







There has
been no Annual General Meeting of Stockholders since Sona’s date of
inception.  Management plans to hold an Annual General Meeting of
Stockholders during 2009.







ITEM
      5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
      MATTERS







Since
inception, Sona has not paid any dividends on its common stock, and Sona does
not anticipate that it will pay dividends in the foreseeable
future.  As at September 30, 2008, Sona  had 40
shareholders; two of these shareholders are an officers and director of
Sona.





Option
Grants and Warrants outstanding since Inception.





No stock
options have been granted since Sona’s inception.





There are
no outstanding warrants or conversion privileges for Sona’s shares.








ITEM
6.  MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION




OverviewWe
are a start-up, pre-exploration stage company.  We have a limited
operating history and have not yet generated or realized any revenues from our
activities.  We have yet to undertake any exploration activity on our
sole property, the Sagar Claim.   As our property is in the early
stage of exploration and there is no reasonable likelihood that revenue can be
derived from the property in the foreseeable future.




Since our
business activity is related solely to the exploration and evaluation of the
Sagar Claim, it is the opinion of management that the most meaningful financial
information relates primarily to current liquidity and
solvency.   As at September 30, 2008, we had cash on hand of
$2,399 and a working capital deficiency of $17,826.   As can be
determined from the following table, it is expected that the Company will
require cash injections of approximately $27,225 to enable the Company to meet
its anticipated expenses over the next twelve months, including carrying out our
planned exploration work.  Unless we raise additional funds, we will
be faced with a working capital deficiency by no later than the end of the next
twelve months. By an agreement dated April 1, 2008 our President agreed to make
loan advances to the Company totaling up to $25,000 on an ‘as needed’ basis to
ensure we have sufficient working capital to finance our operations for the
forthcoming twelve (12) months.








-15-







Should
our President fail to advance the additional $25,000 in loan capital, or should
our President exercise her right to demand repayment of her loan, we would have
no funds to satisfy our cash requirements and would have to go out of
business.  See ‘Risk Factors, page 5.





Our
future financial success will be dependent on the success of the exploration
work on the Sagar Claim   Such exploration may take years to
complete and future cash flows, if any, are impossible to predict at this
time.   The realization value from any mineralization which may
be discovered by us is largely dependent on factors beyond our control such as
the market value of metals produced, mining regulations in India and foreign
exchange rates.




Our
financial statements contained herein have been prepared on a going concern
basis, which assumes that we will be able to realize our assets and discharge
our obligations in the normal course of business. We incurred a net loss for the
period from the inception of our business on January 18, 2007 to September 30,
2008, of $68,302. We did not earn any revenues during the aforementioned
period.




We are
presently in the pre-exploration stage and there is no assurance that a
commercially viable mineral deposit, a reserve, exits in the Sagar Claim until
further exploration work is done and a comprehensive evaluation concludes
economic and legal feasibility.




Our
capital commitments for the next twelve months consist of expenses associated
with the undertaking our planned exploration work and other corporate expenses
detailed below:




Expenses
            Amount
            DescriptionAccounting
            $4,500
            Fees to
      our accountant for preparing the quarterly and annual working papers for
      the financial statements.Audit
            4,000
            Review
      of the quarterly financial statements and audit of the annual financial
      statements.Bank
      charges
            100Exploration
            7,600
            Completion of
      Geological mappingFiling
      fees
            215
            Annual
      fee to the Secretary of State for
Nevada





Office
      & miscellaneous
            750
            Photocopying,
      delivery and fax expensesTransfer
      agent’s fees
            1,000
            Annual
      fee of $500 and estimated miscellaneous charges of $500Estimated
      expenses
            18,165Add:
      Accounts payable
            11,459
            Excluding
      payables to ‘related parties’.Total
      expenses:
            29,624Less:
      Cash on hand
            2,399Balance
      Required
            $27,225
            Estimated
      additional cash required during the next twelve (12)
  months




We have
no plant or significant equipment to sell, nor are we going to buy any plant or
significant equipment during the next twelve months. We will not buy any
equipment until we have located a body of ore and we have determined it is
economical to extract the ore from the land.




We may
attempt to interest other companies to undertake exploration work on the Sagar
Claim through joint venture arrangement or even the sale of part of the Sagar
Claim.  Neither of these avenues has been pursued as of the date of
this Form 10-K.






-16-






Our
engineer has recommended a phased exploration program for the Sagar
Claim.  However, we have funds available to undertake only a portion
of Phase I work. We will have to raise additional funds to complete all
recommended Phase I work.  We will be unable to complete all Phase I
of the recommended exploration program until we raise more money or find a joint
venture partner to complete the exploration work.  If we cannot find a
joint venture partner and do not raise more money, we will be unable to complete
any work beyond the geological mapping of our Phase I of the exploration program
recommended by our engineer.  If we are unable to finance additional
exploration activities, we do not know what we will do and we do not have any
plans to do anything else.




We do not
intend to hire any employees at this time. Unaffiliated independent contractors
that we will hire will conduct the geological mapping work. The independent
contractors will be responsible for surveying and exploration.  We may
engage a geologist to assist in evaluating the information derived from the
exploration including advising us on the economic feasibility of removing any
mineralized material we may discover.




Critical Accounting
PoliciesOur discussion and analysis
of its financial condition and results of operations, including the discussion
on liquidity and capital resources, are based upon our financial statements,
which have been prepared in accordance with accounting principles generally
accepted in the United States. The preparation of these financial statements
requires us to make estimates and judgments that affect the reported amounts of
assets, liabilities, revenues and expenses, and related disclosure of contingent
assets and liabilities. On an ongoing basis, management re-evaluates its
estimates and judgments.




The going
concern basis of presentation assumes we will continue in operation throughout
the next fiscal year and into the foreseeable future and will be able to realize
our assets and discharge our liabilities and commitments in the normal course of
business. Certain conditions, discussed below, currently exist which raise
substantial doubt upon the validity of this assumption. The financial statements
do not include any adjustments that might result from the outcome of the
uncertainty.




Our intended exploration activities are
dependent upon our ability to obtain third party financing in the form of debt
and equity and ultimately to generate future profitable exploration activity or
income from its investments. As of September 30, 2008, we have not generated
revenues, and have experienced negative cash flow from minimal exploration
activities. We may look to secure additional funds through future debt or equity
financings. Such financings may not be available or may not be available on
reasonable terms.




TrendsWe
are in the pre-explorations stage, have not generated any revenue and have no
prospects of generating any revenue in the foreseeable future.  We are
unaware of any known trends, events or  uncertainties that have
had,  or are reasonably likely to have, a material impact on our
business or income, either in the long term of short term, other than as
described  in this section or in ‘Risk Factors’, page 5.




Limited Operating History; Need for
Additional
Capital         There is no
historical financial information about us upon which to base an evaluation of
our performance as an exploration corporation. We are a pre-exploration stage
company and have not generated any revenues from our exploration activities.
Further, we have not generated any revenues since our formation on January 18,
2007.  We cannot guarantee we will be successful in our exploration
activities. Our business is subject to risks inherent in the establishment of a
new business enterprise, including limited capital resources, possible delays in
the exploration of our properties, and possible cost overruns due to price and
cost increases in services.




To become
profitable and competitive, we must invest into the exploration of our property
before we start production of any minerals we may find. We must obtain equity or
debt financing to provide the capital required to fully implement our phased
exploration program.We have no
assurance that financing will be available to us on acceptable terms. If
financing is not available on satisfactory terms, we may be unable to commence,
continue, develop or expand our exploration activities. Even if available,
equity financing could result in additional dilution to existing
shareholders.






-17-








Results
of Operations - Year ended September 30, 2008.




For the
year ended September 30, 2008, we had a net loss of $49,151 and an accumulated
loss since inception of $68,302.   This represents a net loss of
$0.02 per share for the year ended September 30, 2008 based on a weighted
average number of shares outstanding of 2,605,500.  We have not
generated any revenue from operations since inception.  Our loss to
date represents various expenses incurred with organizing the company,
undertaking audits, paying management fees and general office expenses, which
can be broken down as follows:





Expense
            Amount
            DescriptionAccounting
      and audit
            $  8,883
            Preparation of
      working papers for submission to our independent accountants for
      examination of the financial statements.Bank
      charges
            121
            Includes the
      cost of printing cheques and depositbook.Consulting
      fees
            12,500
            The
      Company engaged the services of two consultants; one to prepare this Form
      S-1 and the other to obtain the information required in the mineral
      property and other documents needed from India.Edgarizing
            2,362
            Edgarizing Form
      S-1 and amendments thereto.Exploration
            5,000
            Represents the
      cost of acquiring the rights to the Sagar  Gold Claim in India
      and the Kapadia Report thereon.Legal
            3,500
            Legal
      costs were incurred by an attorney to notarize certain corporate documents
      and to assist in the preparation of the documents to open a bank account
      for the Company.Management
      fees
            12,000
            The
      Company does not pay its directors or officers for the service they render
      to the Company.  Nevertheless, the Company realizes there is a
      cost in the directors and officers working on behalf of the Company and
      has accrued as an expense 1,000 each month commencing August 1, 2007 as
      management fee.   The offsetting credit is to Capital in
      Excess of Par Value on the Balance Sheet.   This amount
      will never be paid to the directors and officers in either cash or
      shares.Filing
      Fees
            30





Office
            801
            General
      office and photocopy expenses.Rent
            2,400
            As with
      management fees, the Company accrues $200 a month as an rent expense even
      though it does not have its own office.   It does use the
      office premises of its President and therefore realizes there should be a
      cost attached thereto although the Company is not required and will not to
      pay any cash for such use.   The offsetting credit is to
      Capital in Excess of Par Value.Telephone
            1,200
            As with
      management fees and rent, the Company accrues as an expense $100 per month
      as telephone expense with a credit to Capital in Excess of Par
      Value.Transfer
      Agent Fees
            354$  49,151






-18-






Balance Sheet as at September 30,
2008Total cash, as at September
30, 2008 was $2,399.  Our working capital deficiency as at September
30, 2008 was $17,826.




Our cash
was derived from the completion of an initial seed capital offering on August
31, 2007 which raised $2,000 and a private placement on September 30, 2007 which
raised a further $30,276 together with no interest demand loans from a director
in the amount of $6,203.


No
revenue was generated during these periods.




Total
shareholders’ deficiency as at September 30, 2008 was $17,826. Total shares
outstanding as at September 30, 2008 was 2,605,500.




Our Planned Exploration
ProgramWe must conduct exploration to
determine what amounts of minerals exist on the Sagar Claim and if such minerals
can be economically extracted and profitably processed.




Our
anticipated exploration costs over the next twelve months on the Sagar Claim are
approximately $7,600.  This figure represents the anticipated cost to
us of completing geological mapping and other Phase I work recommended in the
Kapadia Report.  In order to complete Phase I we will have to raise
additional investment capital since, apart from the $7,600 specifically
allocated to mineral exploration, our remaining cash on hand is fully committed
to ongoing administrative expenses of the Company.







ITEM
7.                      FINANCIAL
STATEMENTS




The
financial statements attached to this Form 10K for the year ended September 30,
2008 have been examined by our independent accountants, Madsen & Associates
CPA’s Inc. and attached hereto.





ITEM
8.  CHANGES IN AND DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE




During
the year ended September 30, 2008, to the best of our knowledge, there have been
no disagreements with Madsen & Associates CPA’s Inc. on any matters of
accounting principles or practices, financial statement disclosure, or audit
scope procedures, which disagreement if not resolved to the satisfaction of
Madsen & Associates CPA’s Inc. would have caused them to make a reference in
connection with its report on the financial statements for the
year.











ITEM
8A – CONTROLS AND PROCEDURES




(a)           Evaluation of Disclosure
Controls and Procedures





Our Chief
Executive Officer and our Chief Financial Officer, after evaluating the
effectiveness of Sona’s controls and procedures (as defined in the Securities
Exchange Act of 1934 Rules 13a-15(e) and 15d-15(e) as of the end of the period
covered by this annual report on Form 10K (the “Evaluation Date”), have
concluded that as of the Evaluation Date, Sona’s disclosure controls and
procedures were adequate and effective to ensure that material information
relating to it would be made known to it by others, particularly during the
period in which this annual report on Form 10K was being prepared.






-19-







(b)           Changes in Internal
Controls





There
were no changes in Sona’s internal controls or in other factors that could
affect its disclosure controls and procedures subsequent to the Evaluation Date,
nor any deficiencies or material weaknesses in such disclosure controls and
procedures requiring corrective actions.





PART
111




ITEM
9.  DIRECTORS AND EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL PERSONS;
COMPLIANCE WITH SECTION 16 (a) OF THE EXCHANGE ACT




Each of
our Directors serves until his successor is elected and qualified. Each of our
officers is elected by the Board of Directors to a term of one (1) year and
serves until his successor is duly elected and qualified, or until he is removed
from office. The Board of Directors has no nominating or compensation
committees.




The name,
address, age and position of our officers and directors is set forth
below:




Name
      andAddress
            Position(s)
            AgeAjeeta
      Pinheiro
            Chief
      ExecutiveOfficer,
      PresidentAnd
      Director (1)
            34Monika
      Sagar
            Chief
      Financial Officer,Chief
      AccountingOfficer,
      Secretary-Treasurer  and Director (2)
            35Fidel
      B. Pernites
            Director
      (3)
            49





(1)
            Ajeeta
      Pinheiro was appointed a director, President and
      Principal  Executive Officer on January 18,
  2007.(2)
            Monika
      Sagar was appointed a director, secretary/treasure and
      Principal  Financial Officer on January 18,
  2007.(3)
            Fidel.
      B. Pernites was appointed a director on January 12,
  2008.




Background of officers and
directors




AJEETA
PINHEIRO has been the President and a director of the Company since inception on
January 18, 2007.  She graduated from Bombay University with a
Bachelor of Science degree (1994).  For the past five years Ms.
Pinheiro has  been involved, at the managmernt level, in the customer
service and sales industry managing inbound call centers, located in Mumbia,
India,  for such U.S. based companies such as American Express and
Hewlett Packard.   From December 2001 to September 2006 Ms.
Pinheiro managed a customer service center for Wipro BPO taking inbound customer
service and sales calls for American Express Card Services.  Since
September 2006 she has served in the position of ‘Program Manager and Head of
Operations’ for SGS Sutherland Global Service’s customer service centre handling
inbound sales and service calls for Hewlett Packard’s home and home office
products.






-20-









MONIKA
SAGAR has been a director and Secretary Treasurer of the Company since inception
as well.  After obtaining a B. A., Political Science, (1996) from
Punjab University Ms. Sagar worked in a variety of administrative
positions.  For the past five years Ms. Sagar has held administrative
and loan officer positions.  From 2001 to 2002 she served as an
Assistant Loan Officer with HSBC Bank.    From 2002 to 2004
Ms. Sagar was a fulltime student obtaining her M. A. in Political Science from
Punjab University in 2004.  From her graduation in 2004 to the
present, Ms. Sagar has been employed by Standard Chartered Bank as a Customer
Care Executive, supervising the processing of personal loans for real and
personal property.  Since 2004 with Ms. Sagar is also continuing her
education on a part time basis, working on an MBA degree.





FIDEL B.
PERNITES has been a director since January 18, 2008.  Mr. Pernites
graduated from De La Salle University, Manila, Philippines with a B. Science,
Geologist (1979) and Master of Geological Sciences (1988).  Since 1989
Mr. Pernites has been a self-employed independent consulting geologist
responsible for surveying and testing mineral properties.


Our
officers and directors devote a limited amount of their time to the affairs of
the Company.  Our Presidner Ajeeta Pinheiro spends about 16 hours a
month on administrative and accounting matters.  As Secretary
Treasurer, Monika Sagar spends approximately 8 hours per month on corporate
matters. Fidel Pernites spends almost none of his time on Sona’s
affairs.  However, Mr. Pernites has agreed to devote more time to
Sona’s affairs during the period when we are conducting our Phase I work program
on the Sagar Claim.





Board
of Directors Audit Committee




Below is
a description of the Audit Committee of the Board of Directors.  The
Charter of the Audit Committee of the Board of Directors sets forth the
responsibilities of the Audit Committee. The primary function of the Audit
Committee is to oversee and monitor the Company’s accounting and reporting
processes and the audits of the Company’s financial statements.





Our audit
committee is comprised of Ajeeta Pinheiro, our President and Chairman of the
audit committee, and Monika Sagar our Chief Financial Officer and Secretary
Treasurer neither of whom are independent.  Neither Ms. Pinheiro nor
Ms. Sagar can be considered an “audit committee financial expert” as defined in
Item 401 of Regulation S-B.  The Company does not presently have,
among its officers and directors, a person meeting these qualifications and
given our financial circumstances, does not anticipate seeking an audit
committee financial expert to joint the committee in the foreseeable
future.





Apart
from the Audit Committee, the Company has no other Board
committees.





Since
inception on January 18, 2007, our Board and
Audit Committee have conducted their business entirely by consent resolutions
and have not met, as such.





Conflicts
of Interest





None of
our directors is an officer or director of a company registered under the
Securities and Exchange Act of 1934 nor are any of our officers and directors a
director or officer of any other company involved in the mining
industry.  However there can be no assurance such involvement will not
occur in the future.  Such present and potential future, involvement
could create a conflict of interest.





To ensure
that potential conflicts of interest are avoided or declared to Sona and its
shareholders and to comply with the requirements of the Sarbanes Oxley Act of
2002, the Board of Directors adopted, in January 2007, a Code of Business
Conduct and Ethics. Sona’s Code of Business Conduct and Ethics embodies our
commitment to such ethical principles and sets forth the responsibilities of
Sona and its officers and directors to its shareholders, employees, customers,
lenders and other stakeholders. Our Code of Business Conduct and Ethics
addresses general business ethical principles and other relevant
issues.






-21-







Significant
Employees





We have
no paid employees as such.  Our Officers and Directors fulfill many
functions that would otherwise require Sona to hire employees or outside
consultants.  We anticipate engaging the services of workers to assist
in the exploration of the Sagar Claim.  Any field workers we engage
will not be considered employees either on a full time or part time
basis.  This is because our exploration work will not last more than a
few weeks and once completed these individuals will no longer be required to
fulfill such functions.





Family
Relationships





Our
President, our Chief Financial /Secretary Treasurer and our other director are
unrelated.





Involvement
in Certain Legal Proceedings





To the
knowledge of the Company, during the past five years, none of our directors or
executive officers:





(1)
            has
      filed a petition under the federal bankruptcy laws or any state insolvency
      law, nor had a receiver, fiscal agent or similar officer appointed by the
      court for the business or property of such person, or any partnership in
      which he was a general partner at or within two years before the time of
      such filings;





(2)
            was
      convicted in a criminal proceeding or named subject of a pending criminal
      proceeding (excluding traffic violations and other minor
      offenses);





(3)
            was
      the subject of any order, judgment or decree, not subsequently reversed,
      suspended or vacated, of any court of competent jurisdiction, permanently
      or temporarily enjoining him from or otherwise limiting, the following
      activities:





(i)
acting as a futures commission merchant, introducing broker, commodity trading
advisor, commodity pool operator, floor broker, leverage transaction merchant,
associated person of any of the foregoing, or as an investment advisor,
underwriter, broker or dealer in securities, or as an affiliate person, director
or employee of any investment company, or engaging in or continuing any conduct
or practice in connection with such activity;


(ii)  engaging in any type of
business practice; or


(iii)
engaging in any activities in connection with the purchase or sale of any
security or commodity or in connection with any violation of federal or state
securities laws or federal commodities laws;





(4)
            was
      the subject of any order, judgment, or decree, not subsequently reversed,
      suspended, or vacated, of any federal or state authority barring,
      suspending or otherwise limiting for more than 60 days the right of such
      person to engage in any activity described above under this Item, or to be
      associated with persons engaged in any such
  activities;





(5)
            was
      found by a court of competent jurisdiction in a civil action or by the SEC
      to have violated any federal or state securities law, and the judgment in
      such civil action or finding by the SEC has not been subsequently
      reversed, suspended, or vacated.





(6)
            was
      found by a court of competent jurisdiction in a civil action or by the
      Commodity Futures Trading Commission to have violated any federal
      commodities law, and the judgment in such civil action or finding by the
      Commodity Futures Trading Commission has not been subsequently reversed,
      suspended or vacated.










-22-







ITEM
10.      EXECUTIVE COMPENSATION








Compensation
to our directors and officers was paid as follows:





COMPENSATION
DISCUSSION AND ANALYSIS





General Philosophy





The
Sona’s Board of Directors is responsible for establishing and administering the
Sona’s executive and director compensation.  Currently, in light of
the Sona’s cash position and anticipated expenses in the near future, neither of
the officers nor directors of the Sona are compensated.





Compensation Summary





The
following table summarizes all compensation earned by or paid to our Chief
Executive Officer (Principal Executive Officer) and other executive officer and
director, during the period from inception to September 30, 2008.





Summary
Compensation Table


Long Term
Compensation


Annual
Compensation                                                                Awards                                  
Payouts


(a)
            (b)
            (c)
            (d)
            (e)
            (f)
            (g)
            (h)
            (i)Name
      andPrincipalposition
            Year
              ($)
            Salary
              ($)
            Bonus
              ($)
            Other
              annualComp.
              ($)
            Restricted
              stockawards
              ($)
            Options/SAR
              (#)
            LTIPpayouts
              ($)
            All
      other
              compensation
              ($)Ajeeta
      Pinheiro
              Principal
      Executive
              Officer,
      Presidentand
      Director
            2007
              2008
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-




Monika
      Sagar
              Principal
      Financial Officer, Secretary Treasurerand
      Director
            2007
              2008
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-Fidel
      B. Pernites,
              Director
            2007
              2008
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-
            -0-
              -0-






-23-






Compensation
of Directors and Officers




We have
no standard arrangement to compensate directors for their services in their
capacity as directors.  Directors are not paid for meetings
attended.   All travel and lodging expenses associated with
corporate matters are reimbursed by us, if and when incurred.





ITEM
11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT





The
following table sets forth, as at November 15, 2008, the total number of shares
owned beneficially by our directors, officers and key employees, individually
and as a group, and the present owners of 5% or more of our total outstanding
shares. The shareholder listed below has direct ownership of his/her shares and
possesses sole voting and dispositive power with respect to the
shares.




Title
      orClass
            Name
      and Address ofBeneficial Owner (1)
            Amount
      ofBeneficialOwnership
      (2)
            Percent
      ofClassCommon
              Stock
            Ajeeta
      Pinheiro
              2/41Trimurty
      Om Housing  Society, Sion , Chunabhatti,  Mumbai,
      400022, India
            1,250,000
            47.98%Common
              Stock
            Monika
      Sagar
              H-
      89 Sarojani Nagar, New Delhi, India 23
            750,000
            28.90%Common
              Stock
            Fidel
      B. Pernites
            Nil
            NilCommon
              Stock
            Directors
      and Officers as a
              Group
      (3 persons)
            2,000,000
            76.88%





(1)
            Unless
      otherwise noted, the security ownership disclosed in this table is of
      record and beneficial.





(2)
            Under
      Rule 13-d of the Exchange Act, shares not outstanding but subject to
      options, warrants, rights, conversion privileges pursuant to which such
      shares may be acquired in the next 60 days are deemed to be outstanding
      for the purpose of computing the percentage of outstanding shares owned by
      the person having such rights, but are not deemed outstanding for the
      purpose of computing the percentage for such other
      persons.  None of our officers or directors has options,
      warrants, rights or conversion privileges
  outstanding.




Future
Sales by Existing Shareholders




As of
June 30, 2008 there are a total of 2,605,500 shares of our common stock issued
and outstanding. Of these, all 2,605,500 shares, being 100% of our issued
shares, are ‘restricted shares’ as defined in Rule 144 of the Securities Act of
1933. Under our effective Form S-1, we registered for resale 805,500 restricted
shares, being 35% of our issued shares leaving  shares being 65% of
our shares, as ‘restricted shares’ under Rule 144:






-24-








Ajeeta
      Pinheiro
            1,125,000
      sharesMonika
      Sagar
            675,000 sharesTotal
      restricted shares
            1,800,000
shares




Under
Rule 144, restricted shares may be resold, subject to volume restrictions and
restrictions on the manner of sale, commencing one year after their
acquisition.




Sona does
not have any securities that are convertible into common stock. We have not
registered any shares for sale by security holders under the Securities Act
other than as disclosed in this prospectus.




There
have been no transactions, or proposed transactions, which have materially
affected or will materially affect us in which any director, executive officer,
or beneficial holder of more than 10% of the outstanding common stock, or any of
their respective relatives, spouses, associates or affiliates has had or will
have any direct or material indirect interest, except as follows:




On August
31, 2007 Sona issued to (i) our President, Principal Executive Officer and
Director, Ajeeta Pinheiro, 1,250,000 shares at the price of $0.001 per share for
total consideration of $1,250; and (ii) our Principal Financial Officer,
Secretary-Treasurer and a director, Monika Sagar,  750,000 shares at
the price of $0.001 per share for total consideration of $750.





The
shares issued to each of Ms. Pinheiro and Ms. Sagar were in consideration of
their agreeing to take the initiative in developing and implementing the
business plan of the Company, including, among other things, providing the
initial seed capital to allow the Company to engage a professional geologist to
assist in identifying a mineral prospect considered worthy of exploration,
identifying investors and arranging for the initial private placement to enable
the Company to implement its business plan.




Pursuant
to an agreement between the Company and our President Ajeeta Pinheiro, dated
April 1, 2008  Ms. Pinheiro  agreed to advance an aggregate
of  up to $25,000 to the Company over the coming twelve (12)
months.  These loan advances, together with  6,203 in cash
already advanced to the Company by Ms. Pinheiro, do not bear interest and there
are no fixed terms of repayment called for.  However, Ms. Pinheiro may
demand repayment of the loan advances at any time.




Employment
Agreements with Executive Officers and Directors





There are
no employment agreements with any officers or directors.





Stock
Option Plan





We have
never established any form of stock option plan for the benefit of our
directors, officers or future employees.  We do not have a long-term
incentive plan nor do we have a defined benefit, pension plan, profit sharing or
other retirement plan.





Bonuses
and Deferred Compensation





None





Compensation
Pursuant to Plans





None





Pension
Table





None






-25-







Termination
of Employment





There are
no compensatory plans or arrangements, including payments to be received from
Sona, with respect to any person named in Summary of Compensation set out above
which would in any way result in payments to any such person because of his
resignation, retirement, or other termination of such person’s employment with
Sona, or any change in control of Sona, or a change in the person’s
responsibilities following a change in control of Sona.





Compliance with
      Section 16 (a) of the Exchange Act





Sona
knows of no director, officer, beneficial owner of more than ten percent of any
class of equity securities of Sona’s registered pursuant to Section 12
(“Reporting Person”) that failed to file any reports required to be furnished
pursuant to Section 16(a).  None of the directors or officers have
complied with Section 16 (a) of the Exchange Act.





Description
of Our Securities





We have
only common shares authorized and there are no preferred shares or other forms
of shares.  Our authorized common stock consists of 250,000,000 shares
of common stock, par value $0.001 per share.  The holders of our
common stock:





-
            have
      equal ratable rights to dividends from funds legally available therefore,
      when, as, and if declared by our Board of
  Directors;





-
            are
      entitled to share ratably in all of the assets of Sona available for
      distribution upon winding up of the affairs of Sona;
  and





-
            do
      not have preemptive, subscription or conversion rights and there are no
      redemption or sinking fund provisions or rights;
  and





-
            are
      entitled to one non-cumulative vote per share on all matters on which
      shareholders may vote at all meetings of
  shareholders.





The
shares of common stock do not have any of the following rights:





-           preference
as to dividends or interest;





-           preemptive
rights to purchase in new issues of shares;





-           preference
upon liquidation; or





-           any
other special rights or preferences.





All our
shares of common stock now issued and outstanding are fully paid and
non-assessable.





Convertible
Securities





The
shares are not convertible into any other securities.





Non-Cumulative
Voting.





The
holders of shares of our common stock do not have cumulative voting rights,
which means that the holders of more than 50% of such outstanding shares, voting
for the election of directors, can elect all of the directors to be elected, if
they so choose.   In such event, the holders of the remaining
shares will not be able to elect any of our directors.  Our directors
and officers have 76.88 percent of the shares outstanding making it impossible
for any shareholder or group of shareholders to accumulate sufficient votes of
shares from other shareholders to change our directors.







-26-








ITEM
12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS





Transactions
with Management and Others





Except as
indicated below, there were no material transactions, or series of similar
transactions, since inception of Sona, or any currently proposed transactions,
or series of similar transactions, to which Sona was or is to be a party, in
which the amount involved exceeds $60,000, and in which any director or
executive officer, or any security holder who is known by Sona to own of record
or beneficially more than 5% of any class of Sona’s common stock, or any member
of the immediate family of any of the foregoing persons, has an
interest.





Indebtedness
of Management





There
were no material transactions, or series of similar transactions, since
inception of Sona any currently proposed transactions, or series of similar
transactions, to which Sona was or is to be a part, in which the amount involved
exceeded $60,000 and in which any director or executive officer, or any security
holder who is known to Sona to own of record or beneficially more than 5% of the
common shares of Sona’s capital stock, or any member of the immediate family of
any of the foregoing persons, has an interest.





Transactions
with Promoters





Sona does
not have promoters and has no transactions with any promoters.





PART
IV




ITEM
13. EXHIBITS AND REPORTS ON FORM 8-K




(a)  (1)                         Financial
Statements.The following financial statements are included in
this report:





Title of Document
            PageReport
      of Madsen & Associates, CPA’s Inc.
            31Balance
      Sheet as at September 30, 2008 and 2007
            32Statement
      of Operations for year ended September 30, 2008 and for the period from
      January 18, 2007 (date of inception) to September 30, 2007 and for the
      period from January 18, 2007 (date of inception) to September 30,
      2008
            33Statement
      of Changes in Stockholders’ Equity for the period from January 18, 2007
      (date of inception) to September 30, 2008
            34Statement
      of Cash Flows for year ended September 30, 2008 and for the period from
      January 18, 2007 (date of inception) to September 30, 2007 and for the
      period ended January 18, 2007 (date of inception) to September 30,
      2008
            35Notes
      to the Financial Statements
            36







-27-







(a)  (2)   Financial Statement
Schedules





The
following financial statement schedules are included as part of this
report:





None.





(a)  (3)   Exhibits





The
following exhibits are included as part of this report by
reference:




3.1
            
            Certificate
      of Incorporation (incorporated by reference from Sona’s Registration
      Statement on Form SB-2 filed on January 31, 2008, Registration No.
      333-148959)3.2
            
            Articles
      of Incorporation (incorporated by reference from Sona’s Registration
      Statement on Form SB-2 filed on January 31, 2008, Registration No.
      333-148959)3.3
            
            By-laws
      (incorporated by reference from Sona’s Registration Statement on Form SB-2
      filed on January 31, 2008, Registration No. 333-148959)4
            
            Specimen
      Stock Certificate (incorporated by reference from Sona’s Registration
      Statement on Form SB-2 filed on January 31, 2008, Registration No.
      333-148959)10.1
            
            Transfer
      Agent and Registrar Agreement (incorporated by reference from Sona’s
      Registration Statement on Form SB-2 filed on January 31, 2008,
      Registration No. 333-148959)














ITEM
14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES




(1)           Audit
Fees





The
aggregate fees billed by the independent registered accountants for the period
ended September 30, 2008 for professional services for the review of the
quarterly financial statements as at December 31, 2007, March 31 and June 30,
2008, annual financial statements as of September 30, 2008 and services that are
normally provided by the accountants in connection with statutory and regulatory
filings or engagements for those period years were as follows:  $500
for each of the quarters ended December 31, 2007, March 31 and June 30, 2008 and
$2,500 for the audit of September 30, 2008.




(2)           Audit-Related
Fees





The
aggregate fees billed in each of the two periods mentioned above for assurance
and related services by the principal accountants that are reasonably related to
the performance of the audit or review of Sona’s financial statements and are
not reported under Item 9 (e)(1) of Schedule 14A was NIL.






-28-






(3)           Tax Fees





The
aggregate fees billed in September 30, 2008 for professional services rendered
by the principal accountants for tax compliance, tax advice, and tax planning
was NIL.





(4)           All Other
Fees





During
the period from inceptions to September 30, 2008 there were no other fees
charged by the principal accountants other than those disclosed in (1) and (3)
above.





(5)           Audit Committee’s
Pre-approval Policies





At the
present time, there are not sufficient directors, officers and employees
involved with Sona to make any pre-approval policies meaningful.  Once
Sonar has elected more directors and appointed directors and non-directors to
the Audit Committee it will have meetings and function in a meaningful
manner.





(6)           Audit Hours
Incurred





The
principal accountants did not spend greater than 50 percent of the hours spent
on the accounting by Sona’s internal accountant.













-29-

















SIGNATURES




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





SONA
RESOURCES, INC.


(Registrant)


November
20, 2008





By:   AJEETA
PINHEIRO


Ajeeta
Pinheiro


Chief Executive
Officer,


President and
Director







By:   MONIKA
      SAGAR


Monika
      Sagar


Chief
      Accounting Officer,


Chief
      Financial Officer and Director










-30-














MADSEN
& ASSOCIATES, CPA’s
INC.                                                                                                               684
East Vine Street, #3


Certified
Public Accountants and Business Consultants
Board                                                                                                                     Murray,
Utah, 84107


Telephone
801-268-2632





Board of
Directors


Sona
Resources, Inc.


Mumbai,
India




REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTING FIRM





We have
audited the accompanying balance sheet of Sona Resources, Inc. (pre-exploration
stage company) at September 30, 2008 and 2007, and the related statements of
operations, changes in stockholders' equity, and cash flows for the year ended
September 30, 2008 and for the period from January 18, 2007 (date of inception)
to September 30, 2007 and the period from January 18, 2007 (date of inception)
to September 30, 2008. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these
financial statements based on our audits.





We
conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  The company is not
required to have nor were we engaged to perform an audit of its internal control
over financial reporting.  Our audit included consideration of
internal control over financial reporting as a basis for designing audit
procedures that are appropriate in the circumstances, but not for the purposes
of expressing an opinion on the effectiveness for the company’s internal control
over financial reporting.   Accordingly, we express no such
opinion.  An audit includes examining, on a test basis, evidence
supporting the amounts and disclosure in the financial statements.  An
audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statements presentation. We believe that our audit provides a reasonable basis
for our opinion.





In our
opinion, the financial statements referred to above present fairly, in all
material respects, the financial position of Sona Resources, Inc. at September
30, 2008 and 2007, and the results of operations and cash flows for the year
ended September 30, 2008 and for the period from January 18, 2007 (date of
inception) to September 30, 2007 and the period from January 18, 2007 (date of
inception) to September 30, 2008, in conformity with generally accepted
accounting principles.





The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern. The Company will need additional working
capital for its planned activities and to service its debt, which raises
substantial doubt about its ability to continue as a going concern. Management's
plans in regard to these matters are described in the notes to the financial
statements. These financial statements do not include any adjustments that might
result from the outcome of this uncertainty.








Murray,
Utah                                                                           /s/  “Madsen &
Associates, CPA’s Inc.”




November
16, 2008






-31-














SONA
RESOURCES, INC.


(A
Pre-exploration Stage Company)


BALANCE
SHEETS











Sept.
      30,2008
            Sept.
      30,2007ASSETSCURRENT
      ASSETSCash
            $    2,399
            $  25,404Total Current
    Assets
            $    2,399
            $  25,404LIABILITIES
      AND STOCKHOLDERS’ DEFICIENCYCURRENT
      LIABILITIESAccounts payable
            $  11,459
            $   3,885Accounts payable – related
      parties
            8,766
            5,794Total Current
      Liabilities
            20,225
            9,679STOCKHOLDERS’
      DEFICIENCYCommon
      stock250,000,000 shares authorized, at
      $0.001 par value;2,605,500 shares issued and
      outstanding
            2,606
            2,606Capital in excess of par
      value
            47,870
            32,270Deficit accumulated during the
      pre-exploration stage
            (68,302)
            (19,151)Total Stockholders’
      Deficiency
            (17,826)
            15,725$  2,399
            $  25,404











The
accompanying notes are an integral part of these financial
statements.











-32-











SONA
RESOURCES, INC.


(A
Pre-exploration Stage Company)


STATEMENT
OF OPERATIONS


For year
ended September 30, 2008 and for the period from January 18, 2007 (date of
inception) to September 30, 2007 and for the period from January 18, 2007 (date
of inception) to September 30, 2008








YearEnded
              September
      30,2008
            FromJanuary18,
      2007
              (date
      ofinception
      ) to
              September
      30,2007
            FromJanuary18,
      2007
              (date
      ofinception)
      to
              September
      30,2008REVENUES
            $  -
            $    -
            $   -EXPENSESAcquisition, staking
      andgeological report
            5,000
            5,000
            10,000Administrative
            44,151
            14,151
            58,302NET
      LOSS FROM OPERATIONS
            $  (49,151)
            $  (19,151)
            $  (68,302)NET
      LOSS PER COMMONSHAREBasic
      and diluted
            $   (0.02)
            $   (0.01)AVERAGE
      OUTSTANDINGSHARESBasic
            2,605,000
            2,000,000





The
accompanying notes are an integral part of these financial
statements.











-33-











SONA
RESOURCES, INC.


(Pre-Exploration
Stage Company)


STATEMENT
OF CHANGES IN STOCKHOLDERS' EQUITY


Period January
18, 2007 (date of inception) to September 30, 2008





Common
              Shares
            Stock
              Amount
            Capital
      inExcess
      of
              Par Value
            AccumulatedDeficitBalance January 18,
      2007
            -
            $             -
            $             -
            $                -Issuance
      of common shares for cash at$.001
      –  August 31, 2007
            2,000,000
            2,000
            -
            -Issuance
      of common shares for cash at$.05
      – September 30, 2007
            605,500
            606
            29,670Net
      operating loss for the period January 18, 2007 (date ofInception)
              to
      September 30, 2007
            -
            -
            -
            (19,151)Capital
      contributions – expenses
            -
            -
            2,600
            -Balance
      as at September 30, 2007
            2,605,500
            2,606
            32,270
            (19,151)Net
      operation loss as at September 30, 2008
            -
            -
            -
            (49,151)Capital
      contributions – expenses
            -
            -
            15,600
            -Balance
      as at September 30, 2007
            2,605,500
            $     2,606
            $   47,870
            $     (68,302)





The
accompanying notes are an integral part of these financial
statements











-34-











SONA
RESOURCES, INC.


(A
Pre-exploration Stage Company)


STATEMENT
OF CASH FLOWS





For the
year ended September 30, 2008 and for the period from January 18, 2007 (date of
inception) to September 30, 2007 and for the period from January 18, 2007 (date
of inception) to September 30, 2008








Yearended
              Sept. 30, 2008
            From
      January 18,2007
              (date
      of inception)
              to Sept. 30, 2007
            From
      January 18,2007
              (date
      of inception)
              to Sept. 30, 2008CASH
      FLOWS FROM OPERATINGACTIVITIES:Net
      loss
            $
      (49,151)
            $     (19,151)
            $  (68,302)Adjustments
      to reconcile net loss to net cashprovided
      by operating activities:Capital
      contributions - expenses
            15,600
            2,600
            18,200Changes
      in accounts payable
            7,574
            3,885
            11,459Net
      Cash  Provided (Used) in Operations
            (25,977)
            (12,666)
            (38,643)CASH
      FLOWS FROM INVESTINGACTIVITIES:
            -
            -
            -CASH
      FLOWS FROM FINANCINGACTIVITIESProceeds from loan from related
      party
            2,972
            5,794
            8,766Proceeds from issuance of
      commonstock
            -
            32,276
            32,2762,972
            38,070
            41,042Net
      (Decrease) Increase in Cash
            (23,005)
            25,404
            2,399Cash
      at Beginning of Year
            25,404
            -
            -CASH
      AT END OF YEAR
            $  2,399
            $     25,404
            $  2,399








The
accompanying notes are an integral part of these financial
statements











-35-














SONA
RESOURCES, INC.


(A
Pre-exploration Stage Company)


NOTES
TO FINANCIAL STATEMENTS


September
30, 2008











1.           ORGANIZATION





The
Company, Sona Resources, Inc., was incorporated under the laws of the State of
Nevada on January 18, 2007 with the authorized capital stock of 250,000,000
shares at $0.001 par value.





The
Company was organized for the purpose of acquiring and developing mineral
properties.  At the report date mineral claims, with unknown reserves,
had been acquired.  The Company has not established the existence of a
commercially minable ore deposit and therefore has not reached the development
stage and is considered to be in the pre-exploration stage.





The
Company has elected September 30th as its
fiscal year end.





2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES





Accounting
Methods





The
Company recognizes income and expenses based on the accrual method of
accounting.





Dividend
Policy





The
Company has not yet adopted a policy regarding payment of
dividends.





Basic and Diluted Net
      Income (loss) Per Share





Basic
      net income (loss) per share amounts are computed based on the weighted
      average number of shares actually outstanding.   Diluted
      net income (loss) per share amounts are computed using the weighted
      average number of common and common equivalent shares outstanding as if
      shares had been issued on the exercise of the common share rights unless
      the exercise becomes antidulutive and then only the basic per share
      amounts are shown in the report.





Evaluation of Long-Lived
Assets





The
Company periodically reviews its long term assets and makes adjustments, if the
carrying value exceeds fair value.














-36-

















SONA
RESOURCES, INC.


(A
Pre-exploration Stage Company)


NOTES
TO FINANCIAL STATEMENTS


September
30, 2008








2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES - Continued




Income
Taxes





The
Company utilizes the liability method of accounting for income
taxes.  Under the liability method deferred tax assets and liabilities
are determined based on differences between financial reporting and the tax
bases of the assets and liabilities and are measured using the enacted tax rates
and laws that will be in effect, when the differences are expected to be
reversed.   An allowance against deferred tax assets is recorded,
when it is more likely than not, that such tax benefits will not be
realized.





On
September 30, 2008 the Company had a net operating loss carry forward of $68,302
for income tax purposes.  The tax benefit of approximately $20,500
from the loss carry forward has been fully offset by a valuation reserve because
the future tax benefit is undeterminable since the Company is unable to
establish a predictable projection of operating profits for future
years.  Losses will expire on 2028.





Foreign Currency
Translations





Part of
the transactions of the Company were completed in Canadian dollars and have been
translated to US dollars as incurred, at the exchange rate in effect at the
time, and therefore, no gain or loss from the translation is
recognized.  The functional currency is considered to be US
dollars.





Revenue
Recognition





Revenue
is recognized on the sale and delivery of a product or the completion of a
service provided.





Advertising and Market
Development





The company expenses advertising and
market development costs as incurred.





Financial
Instruments





The
      carrying amounts of financial instruments are considered by management to
      be their fair value due to their short term
  maturities.








-37-











SONA
      RESOURCES, INC.


(A
Pre-exploration Stage Company)


NOTES
TO FINANCIAL STATEMENTS


September
30, 2008




2.           SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES - Continued




Estimates
and Assumptions





Management
uses estimates and assumptions in preparing financial statements in accordance
with general accepted accounting principles.  Those estimates and
assumptions affect the reported amounts of the assets and liabilities, the
disclosure of contingent assets and liabilities, and the reported revenues and
expenses.   Actual results could vary from the estimates that
were assumed in preparing these financial statements.





Statement of Cash
      Flows





For
      the purposes of the statement of cash flows, the Company considers all
      highly liquid investments with a maturity of three months or less to be
      cash equivalents.





Unproven Mining Claim
Costs





Cost of
acquisition, exploration, carrying and retaining unproven properties are
expensed as incurred.





Environmental
      Requirements





At
      the report date environmental requirements related to the mineral claim
      acquired are unknown and therefore any estimate of any future cost cannot
      be made.





Recent Accounting
Pronouncements





The
Company does not expect that the adoption of other recent accounting
pronouncements will have a material impact on its financial
statements.





3.           AQUISITION
OF MINERAL CLAIM





On
      April 9, 2007, the Company acquired the Sagar Gold Claim located in the
      Republic of India from Govind Resources Inc., an unrelated company, for
      the consideration of $5,000.  The Sagar Gold Claim is located in
      Vandavasi, Tamil Nadu in India.  Under India’s law, the claim
      remains in good standing as long as the Company has an interest in
      it.   There are no annual maintenance fees or minimum
      exploration work required on the
Claim.











-38-




















SONA
      RESOURCES, INC.


(A
Pre-exploration Stage Company)


NOTES
TO FINANCIAL STATEMENTS


September
30, 2008





4.           SIGNIFICANT
TRANSACTIONS WITH RELATED PARTY





Officers-directors
and their families have acquired 77% of the common stock issued and have made no
interest, demand loans to the Company of $8,766 and have made contributions to
capital of $18,200 in the form of expenses paid for the Company.





5.           CAPITAL
STOCK





On August
31, 2007, Company completed a private placement consisting of 2,000,000 common
shares sold to directors and officers at a price of $0.001 per share for a total
consideration of $2,000.  On September 30, 2007, the Company completed
a private placement of 605,500 common shares at $0.05 per share for a total
consideration of $30,276.





6.
            GOING
      CONCERN





The
      Company will need additional working capital to service its debt and to
      develop the mineral claims acquired, which raises substantial doubt about
      its ability to continue as a going concern.   Continuation
      of the Company as a going concern is dependent upon obtaining additional
      working capital and the management of the Company has developed a
      strategy, which it believes will accomplish this objective through
      additional equity funding, and long term financing, which will enable the
      Company to operate for the coming
year.








-39-