Item 3.02 Recent Sales of Unregistered Securities.

On July 23, 2008, New Frontier Energy, Inc. (the "Company") granted Paul G. Laird 1,250,000 non-qualified stock options ("Stock Options") to acquire shares of the Company's $0.001 par value common stock ("Common Stock") under its 2007 Omnibus Long Term Incentive Plan (the "Plan"). The Stock Options are exercisable at a price of $1.01 per share, expire in 2018 and vest 125,000 shares each fiscal quarter ending August 31, November 30, February 28, and May 31 through November 30, 2010. Mr. Laird was also granted 50,000 shares of the Company's Common Stock pursuant to the Plan.

On July 23, 2008, the Company granted Les Bates 1,000,000 non-qualified stock options to acquire shares of the Company's Common Stock under the Plan which are exercisable at a price of $1.01 per share that expire in 2018 and vests 100,000 shares each fiscal quarter ending August 31, November 30, February 28 and May 31 through November 30, 2010. Mr. Bates was also granted 50,000 shares of the Company's Common Stock pursuant to the Plan.

On July 23, 2008, the Company granted Grant Gaeth 500,000 non-qualified stock options to acquire shares of the Company's Common Stock under the Plan which are exercisable at a price of $1.01 per share that expire in 2018 and vests 62,500 shares each fiscal quarter ending August 31, November 30, February 28 and May 31 through November 30, 2010.

On July 23, 2008, the Company granted certain employees and agents of the Company an aggregate of 1,950,000 options to acquire shares of the Company's Common Stock under the Plan which are exercisable at a price of $1.01 per share that expire in 2018 and vests 195,000 shares each fiscal quarter ending August 31, November 30, February 28, May 31, and August 31 through November 30, 2010.

Each of the stock options were granted and stock grants were issued in reliance of exemptions from registration under Section 4(2) of the Securities Act of 1933, as amended.