Item 1. Security and Issuer
The title of the class of equity security to which this statement relates is common stock, $0.001 par value. The reporting person owns 16,000,000 shares of common stock.
The issuer of the securities is AuraSource, Inc. (the "Issuer"). The Issuer's principal executive offices are located at 1490 South Price Road, Suite 219, Chandler, AZ 85286.
Item 2. Identity and Background
(a) The name of the Reporting Person filing this statement is Hong Kong Minerals Holdings LTD.
(b) The business address of the Reporting Person is Rom 3208, 32
nd
Floor, Central Plaza, 18 Harbour Rd., Wanchai Hong Kong.
(c) The Reporting Person's principal business is natural resources.
(d) The Reporting Person has not, during the past five years, been convicted in a criminal proceeding, excluding traffic or similar misdemeanors.
(e) The Reporting Person has not, during the past five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) The Reporting Person is a Hong Kong corporation.
Item 3. Source and Amount of Funds or Other Consideration
The Reporting Person acquired 16,000,000 shares of Common Stock of the Issuer in exchange for rights to mine certain natural resources owned by Hong Kong Minerals Holdings LTD.
Item 4. Purpose of Transaction
This Schedule 13D is being filed because Hong Kong Minerals Holdings LTD acquired 16,000,000 shares of Common Stock of the issuer.
Except as set forth in this item 4, the Reporting Person has no plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D
Item 5. Interest in Securities of the Issuer
(a) As of this date of this Schedule 13D the Reporting Person beneficially owns 16,000,000 shares of Common Stock of the Issuer.
(b) The Reporting Person has the sole power to vote or direct the vote of, and to dispose or direct the disposition of, the shares of Common Stock referred to in this Schedule 13D.
(c) No transactions in the Common Stock have been effected during the past 60 days by the Reporting Person.
(d) The Reporting Person affirms that no person other than the Reporting Person has the right to receive, or power to direct the dividends or the proceeds from the sale of any of the securities covered by this statement.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
The Reporting Person has no contracts, arrangements, understandings or relationships required to be reported under this Item 6.
Item 7. Materials to be Filed as Exhibits
None.