ITEM 8.01 - OTHER EVENTS

Litigation

On April 2007, Sun River Energy, Inc. (the "Company") sold 2,200,0000 shares of its restricted common stock ("Disputed Shares") to LPC Investments, LLC ("LPC Investments") in exchange for $1,100,0000. In November 2007, the Company entered into a unsecured 8.75% promissory note.

On December 12, 2008, LPC Investments filed a lawsuit, in the Jefferson County District Court, against the Company. The lawsuit alleged a breach of contract against the Company in connection with the payment of an unsecured, 8.75% promissory note and conversion of the 2,200,000 shares into a preferred note. LPC Investments sought not only payment of the unsecured, 8.75% promissory note and accrued interest but also attorney fees. A payment of $70,000 has been made on the promissory note.

On August 18, 2009, the Jefferson County District Court granted the Motion to Dismiss filed by LPC Investments in July 2009. The case has been dismissed without prejudice and all claims against the Company have been dropped, however LPC Investments has not withdrawn its conversion notice and demand. Therefore, the Company has recorded a $400,000 litigation liability in connection with the conversion notice and demand.

On September 24, 2009, the Company, filed suit in the District Court of Douglas County, Colorado against LPC Investments and its manager, Kevin Paul, asserting various claims, including breach of contract and common law fraud. The suit alleges, among other things that in October 2008 LPC Investments and Mr. Paul made false and misleading representations in requesting the removal of the restrictive legend on 150,000 of the Disputed Shares in October 2008, which were later sold, and that LPC breached an option contract created in November 2008, under which LPC was required to deliver the Disputed Shares to the Company. The Company is asking the District Court of Douglas County to compel LPC Investments to deliver the Disputed Shares to the Company. The Company is also seeking payment of attorney and legal fees.

On the same date, LPC Investments filed suit in the District Court of Jefferson County, Colorado against the Company. Among other things, the suit asks that Court to issue a declaratory judgment that the Disputed Shares are indeed owned by LPC Investments, and to direct the Company cooperate ith LPC Investment's outstanding legend removal requests submitted to the Company's transfer agents by LPC Investments. LPC Investments is also seeking payment of attorney and legal fees.