New Global Acreage Resources Ltd is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate assets or businesses with a view to acquire them or an interest therein by completing a purchase transaction. The Company intends to pursue a Qualifying Transaction in a resource sector. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction. The Company's Qualifying Transaction may involve the acquisition of a business located outside of Canada. The Company has not commenced any commercial operations. The Company has no assets other than cash.