Khurram Shroff entered into a stock purchase agreements 80.08% stake in Valmie Resources, Inc. from Mauro Baessato and other 12 shareholders for $0.13 million in cash on September 6, 2013. The transaction was funded from personal funds of Khurram. Khurram Shroff will be President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, Secretary, Director and Treasurer of Valmie Resources. Mauro Baessato will resign as Director of Valmie Resources.


Khurram Shroff completed the acquisition of 80.08% stake in Valmie Resources, Inc. from Mauro Baessato and other 12 shareholders on September 30, 2013.