UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~January~~February 282, 2012

Universal Gold Mining Corp.

(Exact name of registrant as specified in its charter)

Nevada	333-140900	20-4856983
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

c/o Mr. Craig Niven

18 Pall Mall, 2nd Floor

London, United Kingdom

SW1Y 5LU

(Address of principal executive offices)

(Zip Code)

(702) 800-7323

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 82.01 ~~Other~~Completion ~~Events~~of Acquisition or Disposition of Assets.

InOn ~~January~~February 2, 2012, ~~the board of directors of~~ Universal Gold Mining Corp. ~~formed~~sold anthrough ~~audit~~a ~~committee~~broker ~~and adopted an Audit Committee Charter. According to its charter~~75,000 ~~the~~ordinary ~~Audit Committee~~shares ~~shall consist~~ of atRio ~~least~~Novo ~~one~~Gold ~~member~~Inc., ~~and~~a ~~all~~company ~~members~~whose ~~shall~~ordinary ~~meet~~shares ~~the~~trade ~~independence~~on ~~requirements of Rule 10A-3 of~~ the ~~Securities~~Toronto Stock Exchange. ~~Act~~The ofnet ~~1934,~~proceeds asfrom ~~amended.~~such ~~Also~~sale, ~~one~~after ofcommissions, ~~the~~was ~~members~~C$66,142.50. ~~shall~~Universal ~~qualify~~Gold asMining anCorp. ~~“audit~~now ~~committee~~holds ~~financial expert” as~~425,000 ~~defined~~ordinary byshares ~~Item 407~~ of ~~Regulation~~Rio ~~S-K.~~Novo ~~The Audit Committee Charter describes the primary functions of the Audit Committee, including the following:~~Gold.

~~Ø the appointment, remuneration and termination of our auditors;~~SIGNATURE

Ø Pursuant to the requirements ~~reviewing~~of ~~and~~the ~~discussing~~Securities ~~with~~Exchange ~~management~~Act ~~our~~of ~~audited~~1934, ~~financial~~the ~~statements~~registrant ~~and~~has ~~reviewing~~duly ~~with~~caused ~~management~~this ~~and~~report ~~our~~to ~~auditors~~be signed on its behalf by the undersigned ~~our~~hereunto ~~financial~~duly ~~statements;~~authorized.

~~Ø reviewing~~UNIVERSAL ~~the~~GOLD ~~performance~~MINING ofCORP. ~~and~~By: ~~fees~~/s/ ~~paid~~Craig toNiven ~~the~~Name: ~~auditors;~~Craig Niven Title: Interim Chief Executive Officer, Interim Chief Financial Officer and Assistant Secretary

~~Ø meeting~~Dated: ~~separately,~~February ~~periodically~~7, ~~with our auditors.~~2012

The board of directors appointed Bruce Stewart to our audit committee. Mr. Stewart has been a member of our board of directors since June 2010, and has over 15 years experience in global financial markets, with an emphasis on natural resources and currently works as a consultant to mining companies. He has worked in Australia, Asia, England and North America, including working with Jefferies and Co. in New York, where he was responsible for advising and raising capital for hedge and mutual funds. In 2007, Mr. Stewart became a board member of BDI Mining, a diamond producer, where he negotiated a profitable sale of the company to GEM Diamonds. Concurrently, he sat on the board of directors of an emerging copper and molybdenum producer with projects in China.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Audit Committee Charter

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNIVERSAL GOLD MINING CORP. By: /s/ Craig Niven Name: Craig Niven Title: Interim Chief Executive Officer, Interim Chief Financial Officer and Assistant Secretary

Dated: February 1, 2012

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