James Bay Resources Limited filed its Annual on Apr 22, 2013 for the period ending Dec 31, 2012. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

James Bay Resources Limited announced that Jean Gauthier has advised he will be stepping down from his position as a director of the company effective from Feb. 22, 2013.

James Bay Resources Limited, Special/Extraordinary Shareholders Meeting, Feb 04, 2013., at 14:00 US Eastern Standard Time. Location: WeirFoulds LLP, Suite 4100. Agenda: To consider the ordinary resolution of the shareholders, among other things, that certain deed of assignment between the company’s wholly owned Nigerian subsidiary and Bicta Energy & Management Systems Limited dated March 9, 2012, transferring a 47% interest in the Ogedeh Marginal Field within OML-90 to the company, along with a joint operating agreement with Bicta made as of May 28, 2012 for operating the Ogedeh Project, and the resulting change of business of the company; to approve the amendment of the company's 2008 stock option plan from a 'rolling' plan to a 'fixed number' plan, the increase in the number of common shares available for issuance pursuant to the stock option plan, and the approval and ratification of all prior grants of stock options; and to discuss other matters.