v2.4.0.6

Consolidated Statements of Cash Flows (USD $)	6 Months Ended		19 Months Ended
Consolidated Statements of Cash Flows (USD $)	Feb. 28, 2013	Feb. 29, 2012	Feb. 28, 2013
Operating activities
Net loss for the period	$ (354,814)	$ (376,072)	$ (1,156,180)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of beneficial conversion feature	25,000		25,000
Shares issued for services			50,000
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	46,445	136,552	226,413
Due to related parties	258,987	238,750	829,814
Net cash (used in) provided by operating activities	(24,382)	(770)	(24,953)
Investing activities
Cash acquired on reverse capitalization		773	773
Net cash provided by investing activities		773	773
Financing activities
Proceeds from convertible notes payable	25,000		25,000
Net cash provided by financing activities	25,000		25,000
Increase (Decrease) in cash	618	3	820
Cash, beginning of period	202	40
Cash, end of period	820	43	820
Supplemental disclosures:
Interest paid
Income tax paid

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Pioneer Exploration Inc. 10-Q