Form SB-1 for Menzies Bay Minerals, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SB-1

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

MENZIES BAY MINERALS, INC.

(Name of small business issuer in its charter)

Nevada	1000	98-0499017
(State or other jurisdiction of incorporation or organization)	(Primary Standard Industrial Classification Code Number)	(IRS Employer Identification No.)

502 East John Street, Carson City, Nevada, 89706

(Address and telephone number of principal executive offices)

DIANE D. DALMY, ATTORNEY AT LAW

8965 W. CORNELL PLACE, LAKEWOOD, COLORADO 80227

Telephone 303.985.9324

Facsimile 303.988.6954

Copies of all communication to:

Menzies Bay Minerals, Inc.

502 East John Street, Carson City, Nevada, 89706

Approximate date of proposed sale to the public: As soon as practicable after the effective date of the Registration Statement.

If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. x

If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o

If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box. o

CALCULATION OF REGISTRATION FEE

Title of each class of securities to be registered	Dollar Amount to be registered	Number of Shares to be registered	Proposed maximum offering price per unit	Amount of registration fee
Common stock	$25,000	2,500,000	$0.01	$2.68

The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

Disclosure alternative used (check one): Alternative 1 ___ Alternative 2 X

Subject to Completion, Dated May 30, 2007

PROSPECTUS

Menzies Bay Minerals, Inc.

2,500,000 Shares of Common Stock

The selling shareholder named in this prospectus, Mr. Martin Ermer, is offering 2,500,000 shares of common stock of Menzies Bay Minerals at a fixed price of $0.01 per common share. We will not receive any of the proceeds from the sale of these shares. The shares were acquired by the selling shareholder directly from us in a private offering of our common stock that was exempt from registration under the securities laws. The selling shareholder has set an offering price for these securities of $0.01 per common share and an offering period of four months from the date of this prospectus. This is a fixed price for the duration of the offering. See “Security Ownership of Selling Shareholder and Management” for more information about the selling shareholder.

Our common stock is presently not traded on any market or securities exchange. The offering price of $0.01 per common share may not reflect the market price of our shares after the offering.

This investment involves a high degree of risk. You should purchase shares only if you can afford a complete loss. See “Risk Factors” beginning on page 6.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of the prospectus. Any representation to the contrary is a criminal offense.

The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

Shares Offered by Selling Shareholder	Price To Public	Selling Agent Commissions	Proceeds to Selling Shareholder
Per Share	USD $0.01	Not applicable	USD $0.01
Minimum Purchase	Not applicable	Not applicable	Not applicable
Total Offering	USD $25,000	Not applicable	USD $25,000

Proceeds to the selling shareholder do not include offering costs, including filing fees, printing costs, legal fees, accounting fees, and transfer agent fees estimated at $10,000. Menzies Bay Minerals will pay these expenses.

This Prospectus is dated May 30, 2007.

TABLE OF CONTENTS

Page

PART I	5
PROSPECTUS SUMMARY	5
THE OFFERING	5
RISK FACTORS	6
RISKS RELATED TO OUR COMPANY AND OUR INDUSTRY	6
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS	12
DILUTION	13
PLAN OF DISTRIBUTION	13
USE OF PROCEEDS TO ISSUER	16
BUSINESS OF THE ISSUER	16
GLOSSARY OF MINING TERMS	16
GENERAL OVERVIEW	21
Property Acquisition Details	21
Land Status, Topography, Location and Access	22
Mining Claims	23
Geology of the Mineral Claims	23
Exploration History and Previous Operations	24
Proposed Program of Exploration	25
Cost Estimates of Exploration Programs	26
COMPLIANCE WITH GOVERNMENT REGULATION	26
EMPLOYEES	26
MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION	26
PLAN OF OPERATIONS	27
RESULTS OF OPERATIONS	27
LIQUIDITY AND CAPITAL RESOURCES	27
DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT EMPLOYEES	28
REMUNERATION OF DIRECTORS AND OFFICERS	29
SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITY HOLDERS	29
INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS	29
SECURITIES BEING OFFERED	30
TRANSFER AGENT AND REGISTRAR	30
SEC POSITION ON INDEMNIFICATION	30
LEGAL MATTERS	31
EXPERTS	31
AVAILABLE INFORMATION	31
REPORTS TO STOCKHOLDERS	31
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	32
FINANCIAL STATEMENTS AND FOOTNOTES TO THE FINANCIAL STATEMENTS	33
FOOTNOTES TO THE FINANCIAL STATEMENTS	38
PART II - INFORMATION NOT REQUIRED IN PROSPECTUS	44
ITEM 1. INDEMNIFICATION OF DIRECTORS AND OFFICERS.	44
ITEM 3. UNDERTAKINGS.	45
ITEM 4. UNREGISTERED SECURITIES ISSUED OR SOLD WITHIN ONE YEAR.	46
ITEM 5. INDEX TO EXHIBITS.	46
ITEM 6. DESCRIPTION OF EXHIBITS.	46
SIGNATURES	47

PART I

PROSPECTUS SUMMARY

Menzies Bay Minerals

Menzies Bay Minerals, Inc. (“Menzies Bay” or the “Company”) is primarily engaged in the exploration of mineral properties for copper, silver and other minerals.

We are an exploration stage company and we have not realized any revenues to date. As of December 31, 2006 we had $Nil in cash on hand, total exploration costs of $15,000, and liabilities of $855. Since our inception on March 27, 2006 through to the end of the audited period on December 31, 2006, we incurred a net loss of ($15,855). We attribute our net loss to having no revenues to offset our operating expenses. Our working capital is not sufficient to enable us to complete any phases of our exploration program. Accordingly, we will require additional financing in order to complete the full exploration program described more fully in the section entitled, "Business of the Issuer."

We are not a "blank check company," as we do not intend to participate in a reverse acquisition or merger transaction. A "blank check company" is defined by securities laws as a development stage company that has no specific business plan or purpose or has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies, or other entity or person.

Our registered address is 502 East John Street, Carson City, Nevada, 89706

The Offering

Securities offered	2,500,000 shares of common stock
Selling shareholder(s)	1 Mr. Martin Ermer
Offering price	$0.01 per share
Shares outstanding prior to the offering	8,000,000 shares of common stock
Shares to be outstanding after the offering	8,000,000 shares of common stock
Use of proceeds	We will not receive any proceeds from the sale of the common stock by the selling shareholder.

RISK FACTORS

INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. IN ADDITION TO THE OTHER INFORMATION CONTAINED IN THIS PROSPECTUS, PROSPECTIVE PURCHASERS OF THE SECURITIES OFFERED HEREBY SHOULD CONSIDER CAREFULLY THE FOLLOWING FACTORS IN EVALUATING THE COMPANY AND ITS BUSINESS.

THE SECURITIES WE ARE OFFERING THROUGH THIS PROSPECTUS ARE SPECULATIVE BY NATURE AND INVOLVE AN EXTREMELY HIGH DEGREE OF RISK AND SHOULD BE PURCHASED ONLY BY PERSONS WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. THE FOLLOWING RISK FACTORS, AMONG OTHERS, COULD CAUSE OUR ACTUAL FUTURE OPERATING RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN ANY FORWARD LOOKING STATEMENTS, ORAL OR WRITTEN, MADE BY OR ON BEHALF OF US. IN ASSESSING THESE RISKS, WE SUGGEST THAT YOU ALSO REFER TO OTHER INFORMATION CONTAINED IN THIS PROSPECTUS, INCLUDING OUR FINANCIAL STATEMENTS AND RELATED NOTES.

IF ANY OF THE FOLLOWING RISKS OCCUR, OUR BUSINESS, OPERATING RESULTS AND FINANCIAL CONDITION COULD BE SERIOUSLY HARMED AND YOU COULD LOSE YOUR ENTIRE INVESTMENT.

Risks Related to Our Company and Our Industry

MENZIES BAY MINERALS, INC. WAS RECENTLY FORMED. OUR COMPANY HAS NO REVENUE FROM OPERATIONS AND OPERATES AT A LOSS. THERE IS NO GUARANTEE THAT WE WILL EVER EARN REVENUE AND IT SHOULD BE ANTICIPATED THAT WE WILL OPERATE AT A LOSS FOR THE FORESEEABLE FUTURE. THE POSSIBILITY THAT THE COMPANY WILL HAVE MINING OPERATIONS OF ANY KIND IS REMOTE. IF WE FAIL TO GENERATE REVENUE, AN INVESTMENT IN OUR SECURITIES MAY BE WORTHLESS.

We are an exploration stage company. We have no history of production from which we earned revenue and we have not proved we can operate successfully. From our inception on March 27, 2006 to the end of our fiscal year on December 31, 2006, the Company has not generated any revenue and has no revenue from operations. Rather, the Company generated a net loss of ($15,855) over the period from inception to December 31, 2006.

It is highly unlikely we will ever achieve production. Accordingly, it should be anticipated that the Company will not generate revenue and will continue to operate at a loss for the foreseeable future. In addition, the possibility that the Company will have ongoing mining operations of any kind is remote. The purchase of the securities offered hereby must therefore be regarded as the placing of funds at a high risk in a new or "start-up" venture with all the unforeseen costs, expenses, problems, and difficulties to which such ventures are subject. If we fail to generate revenue, your investment in our securities may be worthless.

WE HAVE NO OPERATING HISTORY. WE MAY NOT BE SUCCESSFUL IN OUR EXPLORATION ACTIVITIES FOR COPPER. THE COMPANY MAY NOT BE SUCCESSFUL BECAUSE THE POSSIBILITY THAT THE COMPANY WILL FIND A COMMERCIALLY VIABLE MINERAL DEPOSIT OF ANY KIND IS REMOTE. OUR INABILITY TO DISCOVER ECONOMIC MINERALIZATION AND TO LOCATE ADDITIONAL EXPLORATION OPPORTUNITIES COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR RESULTS OF OPERATIONS AND YOU COULD LOSE YOUR ENTIRE INVESTMENT.

We have no operating history and have not proved we can operate successfully. We may not be successful exploring for copper. Our future performance and success is dependent upon finding a commercially viable mineral deposit. Exploration for minerals is an inherently risky business. The Company may not be successful because the possibility that the Company will find economic mineralization of any kind is remote. Our inability to discover a commercially viable mineral deposit, or to locate additional exploration opportunities, could have a material adverse effect on our results of operations, and you could lose your entire investment.

We face all of the risks inherent in a new business. If we fail, your investment in our common stock will become worthless. From inception to March 27, 2006 to the end of our fiscal year on December 31, 2006, we incurred a net loss of ($15,855) and did not earned any revenue. The Company does not currently have any revenue producing operations. The purchase of the securities offered hereby must therefore be regarded as the placing of funds at a high risk in a new or "start-up" venture with all the unforeseen costs, expenses, problems, and difficulties to which such ventures are subject.

MR. MARTIN ERMER, OUR ONLY OFFICER AND DIRECTOR, HAS NO EXPERIENCE RELATED TO MINERAL EXPLORATION. AS SUCH, THE COMPANY MAY LACK THE ABILITY TO SUCCESSFULLY IMPLEMENT ITS BUSINESS OBJECTIVES.

Mr. Martin Ermer, our President, Director and sole Executive Officer, does not have formal training as a geologist or in the technical aspects of management of a mineral exploration company. He lacks technical training and experience with exploring for, starting, and operating a mine. With no direct training or experience in these areas, he may not be fully aware of the specific requirements related to working within this industry. His decisions and choices may not take into account standard engineering or managerial approaches mineral exploration companies commonly use. Consequently, our operations, earnings, and ultimate financial success could suffer irreparable harm due to management's lack of experience in this industry.

There may be additional risk to the Company in that Mr. Ermer may lack the ability to successfully implement growth plans given that the absence of an executive management team, and that all plans rely exclusively on the ability and management of our Executive Officer and Director, Mr. Ermer.

WE ARE SOLELY GOVERNED BY MR. MARTIN ERMER, OUR SOLE OFFICER AND DIRECTOR, AND, AS SUCH, THERE MAY BE SIGNIFICANT RISK TO THE COMPANY FROM A CORPORATE GOVERNANCE PERSPECTIVE. OUR SOLE EXECUTIVE OFFICER AND DIRECTOR EXERCISES CONTROL OVER ALL MATTERS REQUIRING SHAREHOLDER APPROVAL INCLUDING THE ELECTION OF DIRECTORS AND THE APPROVAL OF SIGNIFICANT CORPORATE TRANSACTIONS. WE HAVE NOT VOLUNTARILY IMPLEMENTED VARIOUS CORPORATE GOVERNANCE MEASURES, IN THE ABSENCE OF WHICH, SHAREHOLDERS HAVE MORE LIMITED PROTECTIONS AGAINST THE TRANSACTIONS IMPLEMENTED BY MR. ERMER.

Mr. Martin Ermer, our sole Executive Officer and Director, makes decisions such as the approval of related party transactions, the compensation of Executive Officers, and the oversight of the accounting function. There will be no segregation of executive duties and there may not be effective disclosure and accounting controls to comply with applicable laws and regulations, which could result in fines, penalties and assessments against us. Accordingly, the inherent controls that arise from the segregation of executive duties may not prevail.

Mr. Ermer will exercise full control over all matters that typically require the approval of a Board of Directors. Mr. Ermer’s actions are not subject to the review and approval of a Board of Directors and, as such, there may be significant risk to the Company from the corporate governance perspective.

Our sole Executive Officer and Director exercises control over all matters requiring shareholder approval including the election of Directors and the approval of significant corporate transactions. We have not voluntarily implemented various corporate governance measures, in the absence of which, shareholders have more limited protections against the transactions implemented by Mr. Ermer, conflicts of interest and other matters that conflict with shareholder interests.

We have not adopted corporate governance measures such as an audit or other independent committees as we presently only have one independent director. Shareholders should bear in mind our current lack of corporate governance measures in formulating their investment decisions.

BECAUSE MR. MARTIN ERMER, OUR SOLE EXECUTIVE OFFICER AND DIRECTOR, IS NOT A RESIDENT OF THE UNITED STATES, IT MAY BE DIFFICULT TO ENFORCE ANY LIABILITIES AGAINST HIM.

Mr. Ermer, our sole Executive Officer and Director, resides in the Province of British Columbia. Shareholders may have difficulty enforcing any claims against the Company because Mr. Ermer because he resides outside the United States. If a shareholder desired to sue, shareholders would have to serve a summons and complaint. Even if personal service is accomplished and a judgment is entered against that person, the shareholder would then have to locate assets of that person, and register the judgment in the foreign jurisdiction where the assets are located.

BECAUSE OUR SOLE EXECUTIVE OFFICER HAS OTHER BUSINESS INTERESTS, HE MAY NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS OPERATIONS, WHICH MAY CAUSE OUR BUSINESS TO FAIL.

It is possible that the demands on Mr. Martin Ermer, our sole Executive Officer and Director, from other obligations could increase with the result that he would no longer be able to devote sufficient time to the management of our business. In addition, Mr. Ermer may not possess sufficient time to manage our business if the demands of managing our business increased substantially. Because Mr. Ermer may not possess sufficient time to manage our business, our business may fail.

THE IMPRECISION OF MINERAL DEPOSIT ESTIMATES MAY PROVE ANY RESOURCE CALCULATIONS THAT WE MAKE TO BE UNRELIABLE.

Mineral deposit estimates and related databases are expressions of judgment based on knowledge, mining experience, and analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. By their nature, mineral deposit estimates are imprecise and depend upon statistical inferences, which may ultimately prove unreliable. Mineral deposit estimates included here, if any, have not been adjusted in consideration of these risks and, therefore, no assurances can be given that any mineral deposit estimate will ultimately be reclassified as reserves. If the Company's exploration program locates a mineral deposit, there can be no assurances that any of such deposits will ever be classified as reserves.

THE PRICE OF COPPER IS VOLATILE AND PRICE CHANGES ARE BEYOND OUR CONTROL. WE ARE SENSITIVE TO FLUCTUATIONS IN THE PRICE OF COPPER. PRICE VOLATILITY AND DOWNWARD PRICE PRESSURE COULD CAUSE US TO CANCEL OUR EXPLORATION PLANS. IF THE PRICE OF COPPER IS TOO LOW, IT COULD BECOME TOO EXPENSIVE TO PURSUE OUR EXPLORATION PLANS.

The price of copper can fluctuate. The price of copper has been and will continue to be affected by numerous factors beyond the Company's control. Factors that affect the price of copper include the demand from consumers for products that use gold, economic conditions, over supply from secondary sources and costs of production. Price volatility and downward price pressure, which can lead to lower prices, could have a material adverse effect on the costs or the viability of our project and cause us to postpone or cancel our exploration plans altogether.

MINERAL EXPLORATION AND PROSPECTING IS HIGHLY COMPETITIVE AND SPECULATIVE BUSINESS AND WE MAY NOT BE SUCCESSFUL IN SEEKING AVAILABLE OPPORTUNITIES.

The process of mineral exploration and prospecting is a highly competitive and speculative business. In seeking available opportunities, the Company will compete with a number of other companies, including established, multi-national companies that have more experience and resources than the Company. We compete with other exploration companies looking for copper deposits. Because we may not have the financial and managerial resources to compete with other companies, we may not be successful in our efforts to acquire projects of value, which, ultimately, become productive. However, while we compete with other exploration companies, there is no competition for the exploration or removal of mineral from our claims.

OUR EXPLORATION ACTIVITIES ARE SUBJECT TO EXTENSIVE REGULATION BY THE PROVINCIAL GOVERNMENT OF BRITISH COLUMBIA. FUTURE CHANGES IN GOVERNMENTS, REGULATIONS AND POLICIES, COULD ADVERSELY AFFECT THE COMPANY'S EXPLORATION ACTIVITIES, RESULTS OF OPERATIONS AND THE COMPANY’S LONG-TERM BUSINESS PROSPECTS. COMPLIANCE WITH ENVIRONMENTAL CONSIDERATIONS AND PERMITTING COULD HAVE A MATERIAL ADVERSE EFFECT ON THE COSTS OR THE VIABILITY OF OUR PROJECTS. THE HISTORICAL TREND TOWARD STRICTER ENVIRONMENTAL REGULATION MAY CONTINUE, AND REPRESENTS AN UNKNOWN FACTOR IN OUR PLANNING PROCESSES.

Our exploration activities are subject to extensive regulation by the Ministry of Energy and Mines of the Provincial Government of British Columbia. We will be subject to the Mining Act of British Columbia as we carry out our planned exploration programs. The Mining Act of British Columbia relates to exploration, development, production, exports, taxes and royalties, labor standards, occupational health, waste disposal, protection and remediation of the environment, mine and mill reclamation, mine and mill safety, toxic substances and other matters. Compliance with such laws and regulations has increased the costs of exploring, drilling, developing, constructing, operating mines and other facilities. Accordingly, we may be required to obtain work permits, post bonds and perform remediation work for any physical disturbance to the land in order to comply with these regulations. The possibility of more stringent regulations exists in the areas of worker health and safety, the dispositions of wastes, the decommissioning and reclamation of mining and milling sites and other environmental matters, each of which could have an adverse material effect on the costs or the viability of a particular project. Compliance with and future changes in governments, regulations and policies, could adversely affect the Company's results of operations in a particular period and its long-term business prospects.

We have not yet applied to the Ministry of Energy and Mines of the Province of British Columbia for permits for the initial exploration work on the Menzies Bay Copper Property.

IF WE DO NOT CONDUCT MINERAL EXPLORATION ON OUR MINERAL CLAIMS AND KEEP THE CLAIMS IN GOOD STANDING, THEN OUR RIGHT TO THE MINERAL CLAIMS WILL LAPSE AND WE WILL LOSE EVERYTHING THAT WE HAVE INVESTED AND EXPENDED TOWARD THESE CLAIMS.

We must complete mineral exploration work on our mineral claims and keep the claims in good standing. If we do not fulfill our work commitment requirements on our claims or keep the claims in good standing, then our right to the claims will lapse and we will lose all interest that we have in these mineral claims. We are obligated to pay $875 to pay to the British Columbia Provincial government on an annual basis to keep our claims valid.

Risks Related To Our Financial Condition and Business Model

BECAUSE OF OUR LIMITED RESOURCES AND THE SPECULATIVE NATURE OF OUR BUSINESS, THERE IS A SUBSTANTIAL DOUBT AS TO OUR ABILITY TO CONTINUE AS A GOING CONCERN. IF WE ARE NOT ABLE TO CONTINUE AS A GOING CONCERN, IT IS LIKELY INVESTORS WILL LOSE THEIR ENTIRE INVESTMENT.

The report of the independent auditor on our audited financial statements for the period ended December 31, 2006, indicates that there are a number of factors that raise substantial doubt about our ability to continue as a going concern. Our continued operations are dependent on our ability to obtain financing and upon our ability to discover a body of mineralization that is deemed to be economically viable. If we are not able to continue as a going concern, it is likely investors will lose their entire investment.

THE COMPANY HAS NOT PAID ANY CASH DIVIDENDS ON ITS SHARES OF COMMON STOCK AND DOES NOT ANTICIPATE PAYING ANY SUCH DIVIDENDS IN THE FORESEEABLE FUTURE.

Payment of future dividends, if any, will depend on earnings and capital requirements of the Company, the Company’s debt facilities and other factors considered appropriate by the Company’s Board of Directors. To date, the Company has not paid any cash dividends on its shares of Common Stock and does not anticipate paying any such dividends in the foreseeable future.

IF WE DO NOT OBTAIN ADDITIONAL FINANCING, OUR BUSINESS WILL FAIL.

We will need to obtain additional financing in order to complete our business plan. We currently do not have any operations and we have no income. We do not have any arrangements for financing and we may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor acceptance of mineral claims and investor sentiment. These factors may adversely affect the timing, amount, terms, or conditions of any financing that we may obtain or make any additional financing unavailable to us.

ALL OF THE PROCEEDS FROM THIS OFFERING WILL BE GOING TO MR. MARTIN ERMER, OUR SOLE OFFICER AND DIRECTOR, AND NONE OF THE PROCEEDS FROM THIS OFFERING WILL BE GOING TO THE DEVELOPMENT OF THE COMPANY. WE WILL NEED TO RAISE ADDITIONAL CAPITAL, IN ADDITION TO THE FINANCING AS REPORTED IN THIS REGISTRATION STATEMENT. IN SO DOING, WE WILL FURTHER DILUTE THE TOTAL NUMBER OF SHARES ISSUED AND OUTSTANDING. THERE CAN BE NO ASSURANCE THAT THIS ADDITIONAL CAPITAL WILL BE AVAILABLE OR ACCESSIBLE BY US.

All of the proceeds from this offering will be going to Mr. Ermer, our sole Officer and Director, and none of the proceeds from this offering will be going to the development of the Company. Menzies Bay Minerals will need to raise additional capital, in addition to the financing as reported in this registration statement, by issuing additional shares of common stock and will, thereby, increase the number of common shares outstanding. There can be no assurance that this additional capital will be available to meet these continuing exploration costs or, if the capital is available, that it will be available on terms acceptable to the Company. If the Company is unable to obtain financing in the amounts and on terms deemed acceptable, the business and future success of the Company will almost certainly be adversely affected. If we are able to raise additional capital, we cannot be assured that it will be on terms that enhance the value of our common shares.

IF WE COMPLETE A FINANCING THROUGH THE SALE OF ADDITIONAL SHARES OF OUR COMMON STOCK IN THE FUTURE, THEN SHAREHOLDERS WILL EXPERIENCE DILUTION.

The most likely source of future financing presently available to us is through the sale of shares of our common stock. Any sale of common stock will result in dilution of equity ownership to existing shareholders. This means that if we sell shares of our common stock, more shares will be outstanding and each existing shareholder will own a smaller percentage of the shares then outstanding. To raise additional capital we may have to issue additional shares, which may substantially dilute the interests of existing shareholders. Alternatively, we may have to borrow large sums, and assume debt obligations that require us to make substantial interest and capital payments.

THERE IS NO MARKET FOR OUR COMMON STOCK, WHICH LIMITS OUR SHAREHOLDERS' ABILITY TO RESELL THEIR SHARES OR PLEDGE THEM AS COLLATERAL.

There is currently no public market for our shares, and we cannot assure you that a market for our stock will develop. Consequently, investors may not be able to use their shares for collateral or loans and may not be able to liquidate at a suitable price in the event of an emergency. In addition, investors may not be able to resell their shares at or above the price they paid for them or may not be able to sell their shares at all.

IF A PUBLIC MARKET FOR OUR STOCK IS DEVELOPED, FUTURE SALES OF SHARES COULD NEGATIVELY AFFECT THE MARKET PRICE OF OUR COMMON STOCK.

If a public market for our stock is developed, then sales of Common Stock in the public market could adversely affect the market price of our Common Stock. There are at present 8,000,000 shares of Common Stock issued and outstanding.

OUR STOCK IS A PENNY STOCK. TRADING OF OUR STOCK MAY BE RESTRICTED BY THE SEC'S PENNY STOCK REGULATIONS AND THE NASD'S SALES PRACTICE REQUIREMENTS, WHICH MAY LIMIT A STOCKHOLDER'S ABILITY TO BUY AND SELL OUR STOCK.

The Company’s common shares may be deemed to be “penny stock” as that term is defined in Regulation Section “240.3a51-1” of the Securities and Exchange Commission (the “SEC”). Penny stocks are stocks: (a) with a price of less than U.S. $5.00 per share; (b) that are not traded on a “recognized” national exchange; (c) whose prices are not quoted on the NASDAQ automated quotation system (NASDAQ - where listed stocks must still meet requirement (a) above); or (d) in issuers with net tangible assets of less than U.S. $2,000,000 (if the issuer has been in continuous operation for at least three years) or U.S. $5,000,000 (if in continuous operation for less than three years), or with average revenues of less than U.S. $6,000,000 for the last three years.

Section “15(g)” of the United States Securities Exchange Act of 1934, as amended, and Regulation Section “240.15g(c)2” of the SEC require broker dealers dealing in penny stocks to provide potential investors with a document disclosing the risks of penny stocks and to obtain a manually signed and dated written receipt of the document before effecting any transaction in a penny stock for the investor’s account. Potential investors in the Company’s common shares are urged to obtain and read such disclosure carefully before purchasing any common shares that are deemed to be “penny stock”.

Moreover, Regulation Section “240.15g-9” of the SEC requires broker dealers in penny stocks to approve the account of any investor for transactions in such stocks before selling any penny stock to that investor. This procedure requires the broker dealer to: (a) obtain from the investor information concerning his or her financial situation, investment experience and investment objectives; (b) reasonably determine, based on that information, that transactions in penny stocks are suitable for the investor and that the investor has sufficient knowledge and experience as to be reasonably capable of evaluating the risks of penny stock transactions; (c) provide the investor with a written statement setting forth the basis on which the broker dealer made the determination in (ii) above; and (d) receive a signed and dated copy of such statement from the investor confirming that it accurately reflects the investor’s financial situation, investment experience and investment objectives. Compliance with these requirements may make it more difficult for investors in the Company’s common shares to resell their common shares to third parties or to otherwise dispose of them. Stockholders should be aware that, according to Securities and Exchange Commission Release No. 34-29093, dated April 17, 1991, the market for penny stocks has suffered in recent years from patterns of fraud and abuse. Such patterns include:

(i)

control of the market for the security by one or a few broker-dealers that are often related to the promoter or issuer

(ii)

manipulation of prices through prearranged matching of purchases and sales and false and misleading press releases

(iii)

boiler room practices involving high-pressure sales tactics and unrealistic price projections by inexperienced sales persons

(iv)

excessive and undisclosed bid-ask differential and markups by selling broker-dealers

(v)

the wholesale dumping of the same securities by promoters and broker-dealers after prices have been manipulated to a desired level, along with the resulting inevitable collapse of those prices and with consequent investor losses

Our management is aware of the abuses that have occurred historically in the penny stock market. Although we do not expect to be in a position to dictate the behavior of the market or of broker-dealers who participate in the market, management will strive within the confines of practical limitations to prevent the described patterns from being established with respect to our securities.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This prospectus contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this prospectus include, among others, statements regarding our capital needs, business plans and expectations. Such forward-looking statements involve assumptions, risks and uncertainties regarding, among others, the success of our business plan, availability of funds, government regulations, operating costs, our ability to achieve significant revenues, our business model and products and other factors. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential" or "continue", the negative of such terms or other comparable terminology. These forward-looking statements address, among others, such issues as:

Ø	the amount and nature of future exploration, development and other capital expenditures,

Ø	mining claims to be drilled,

Ø	future earnings and cash flow,

Ø	development projects,

Ø	exploration prospects,

Ø	drilling prospects,

Ø	development and drilling potential,

Ø	business strategy,

Ø	expansion and growth of our business and operations, and

Ø	our estimated financial information.

In evaluating these statements, you should consider various factors, including the assumptions, risks and uncertainties outlined in this prospectus under "Risk Factors". These factors or any of them may cause our actual results to differ materially from any forward-looking statement made in this prospectus. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events, our actual results will likely vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. The forward-looking statements in this prospectus are made as of the date of this prospectus and we do not intend or undertake to update any of the forward-looking statements to conform these statements to actual results, except as required by applicable law, including the securities laws of the United States.

DILUTION

The common stock to be sold by the selling shareholder is common stock that is currently issued and outstanding. Accordingly, there will be no dilution to existing shareholders.

PLAN OF DISTRIBUTION

The selling shareholder or their donees, pledges, transferees or other successors-in-interest selling shares received after the date of this prospectus from a selling shareholder as a gift, pledge, distribution or otherwise, may, from time to time, sell any or all of their shares of common stock on any stock exchange, market or trading facility on which the shares are traded or in private transactions. These sales will be at a fixed price of $0.01 and at an offering period of four months from the date of this prospectus. The selling shareholder may use any one or more of the following methods when selling shares:

Ø	ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;

Ø	block trades in which the broker-dealer will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;

Ø	purchases by a broker-dealer as principal and resale by the broker-dealer for its own account;

Ø	an exchange distribution following the rules of the applicable exchange;

Ø	privately negotiated transactions;

Ø	Short sales after the effective date of the registration statement that are not violations of the laws and regulations of any state of the United States;

Ø	through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise;

Ø	broker-dealers may agree with the selling shareholders to sell a specified number of such shares at the fixed price of $0.01; and

Ø	a combination of any such methods of sale or any other lawful method.

The selling shareholder may, from time to time, pledge or grant a security interest in some or all of the shares of common stock owned by them and, if they default in the performance of their secured obligations, the pledgees or secured parties may offer and sell the shares of common stock, from time to time, under this prospectus, or under an amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act amending the list of selling shareholder to include the pledgee, transferee or other successors-in-interest as selling shareholder under this prospectus. The selling shareholder also may transfer the shares of common stock in other circumstances, in which case the transferees, pledgees or other successors-in-interest will be the selling beneficial owners for purposes of this prospectus.

In connection with the sale of our common stock or interests therein, the selling shareholder may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of the common stock in the course of hedging the positions they assume. The selling shareholder also may sell shares of our common stock short and deliver these securities to close out their short positions, or loan or pledge the common stock to broker-dealers that in turn may sell these securities. The selling shareholder also may enter into option or other transactions with broker-dealers or other financial institutions for the creation of one or more derivative securities which require the delivery to the broker-dealer or other financial institution of shares offered by this prospectus, which shares the broker-dealer or other financial institution may resell pursuant to this prospectus (as supplemented or amended to reflect the transaction).

The aggregate proceeds to the selling shareholder from the sale of the common stock offered by them will be the purchase price of the common stock less discounts or commissions, if any. A selling shareholder reserves the right to accept and, together with its agents from time to time, to reject, in whole or in part, any proposed purchase of common stock to be made directly or through agents. We will not receive any of the proceeds from this offering.

The selling shareholder and any underwriters, broker-dealers or agents that participate in the sale of the common stock or interests therein may be "underwriters" within the meaning of Section 2(11) of the Securities Act. Any discounts, commissions, concessions or profit they earn on any resale of the shares may be underwriting discounts and commissions under the Securities Act. A selling shareholder that is an "underwriter" within the meaning of Section 2(11) of the Securities Act will be subject to the prospectus delivery requirements of the Securities Act.

To the extent required, the shares of our common stock to be sold, the names of the selling shareholder, the respective purchase prices and public offering prices, the names of any agents, dealers or underwriters, and any applicable commissions or discounts with respect to a particular offer will be set forth in an accompanying prospectus supplement or, if appropriate, a post-effective amendment to the registration statement that includes this prospectus.

Sales Pursuant to Rule 144

Any shares of common stock covered by this prospectus, which qualify for sale pursuant to Rule 144 under the Securities Act, as amended, may be sold under Rule 144 rather than pursuant to this prospectus. The following information is excerpted from the SEC website as http://www.sec.gov/investor/pubs/rule144.htm and describes in plain English the significance of Rule 144 for investors,

The shares of common stock covered under this prospectus are restricted securities. When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in the marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met, as described below,

1.	Holding Period. Before you may sell restricted securities in the marketplace, you must hold them for at least one year. The one-year period holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities.

2.	Adequate Current Information. There must be adequate current information about the issuer of the securities before the sale can be made. This generally means the issuer has complied with the periodic reporting requirements of the Securities Exchange Act of 1934.

Trading Volume Formula. After the one-year holding period, the number of shares you may sell during any three-month period can't exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of the sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.

4.	Ordinary Brokerage Transactions. The sales must be handled in all respects as routine trading transactions, and brokers may not receive more than a normal commission. Neither the seller nor the broker can solicit orders to buy the securities.

Filing Notice With the SEC. At the time you place your order, you must file a notice with the SEC on Form 144 if the sale involves more than 500 shares or the aggregate dollar amount is greater than $10,000 in any three-month period. The sale must take place within three months of filing the Form and, if the securities have not been sold, you must file an amended notice.

Even if an investor has met the conditions of Rule 144, he cannot sell restricted securities to the public until the legend has been removed from the certificate. Only a transfer agent can remove a restrictive legend; however, the transfer agent will not remove the legend without the consent of the issuer—usually in the form of an opinion letter from the issuer's counsel—that the restricted legend can be removed.

Regulation M

We plan to advise the selling shareholder that the anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of shares in the market and to the activities of the selling security holders and their affiliates. Regulation M under the Exchange Act prohibits, with certain exceptions, participants in a distribution from bidding for, or purchasing for an account in which the participant has a beneficial interest, any of the securities that are the subject of the distribution. Accordingly, the selling shareholder is not permitted to cover short sales by purchasing shares while the distribution it taking place. Regulation M also governs bids and purchases made in order to stabilize the price of a security in connection with a distribution of the security. In addition, we will make copies of this prospectus available to the selling security holder for the purpose of satisfying the prospectus delivery requirements of the Securities Act.

State Securities Laws

Under the securities laws of some states, the shares may be sold in such states only through registered or licensed brokers or dealers. In addition, in some states the common shares may not be sold unless the shares have been registered or qualified for sale in the state or an exemption from registration or qualification is available and is complied with.

Expenses of Registration

We are bearing substantially all costs relating to the registration of the shares of common stock offered hereby. These expenses are estimated to be $10,000, including, but not limited to, legal, accounting, printing and mailing fees. The selling shareholder, however, will pay any commissions or other fees payable to brokers or dealers in connection with any sale of such shares common stock.

USE OF PROCEEDS TO ISSUER

We will not receive any proceeds from the sale of the common stock offered through this prospectus by the selling shareholder.

BUSINESS OF THE ISSUER

Glossary of Mining Terms

Archean		Of or belonging to the earlier of the two divisions of Precambrian time, from approximately 3.8 to 2.5 billion years ago, marked by an atmosphere with little free oxygen, the formation of the first rocks and oceans, and the development of unicellular life. Of or relating to the oldest known rocks, those of the Precambrian Eon, that are predominantly igneous in composition.

Assaying		Laboratory examination that determines the content or proportion of a specific metal (ie: copper, silver ) contained within a sample. Technique usually involves firing/smelting.

Conglomerate		A coarse-grained clastic sedimentary rock, composed of rounded to subangular fragments larger than 2 mm in diameter (granules, pebbles, cobbles, boulders) set in a fine-grained matrix of sand or silt, and commonly cemented by calcium carbonate, iron oxide, silica, or hardened clay; the consolidated equivalent of gravel. The rock or mineral fragments may be of varied composition and range widely in size, and are usually rounded and smoothed from transportation by water or from wave action.

Cratons		Parts of the Earth's crust that have attained stability, and have been little deformed for a prolonged period.


Development Stage		A “development stage” project is one which is undergoing preparation of an established commercially mineable deposit for its extraction but which is not yet in production. This stage occurs after completion of a feasibility study.

Dolomite Beds		Dolomite beds are associated and interbedded with limestone, commonly representing postdepositional replacement of limestone.

Doré		Unrefined copper, silver bullion bars containing various impurities such as silver, copper and mercury, which will be further refined to near pure copper, silver .

Dyke or Dike		A tabular igneous intrusion that cuts across the bedding or foliation of the country rock.

Exploration Stage		An “exploration stage” prospect is one which is not in either the development or production stage.

Fault		A break in the continuity of a body of rock. It is accompanied by a movement on one side of the break or the other so that what were once parts of one continuous rock stratum or vein are now separated. The amount of displacement of the parts may range from a few inches to thousands of feet.

Feldspathic		Said of a rock or other mineral aggregate containing feldspar.

Fold		A curve or bend of a planar structure such as rock strata, bedding planes, foliation, or cleavage

Foliation		A general term for a planar arrangement of textural or structural features in any type of rock; esp., the planar structure that results from flattening of the constituent grains of a metamorphic rock.

Formation		A distinct layer of sedimentary rock of similar composition.


Gabbro		A group of dark-colored, basic intrusive igneous rocks composed principally of basic plagioclase (commonly labradorite or bytownite) and clinopyroxene (augite), with or without olivine and orthopyroxene; also, any member of that group. It is the approximate intrusive equivalent of basalt. Apatite and magnetite or ilmenite are common accessory minerals.

Geochemistry		The study of the distribution and amounts of the chemical elements in minerals, ores, rocks, solids, water, and the atmosphere.

Geophysicist		One who studies the earth; in particular the physics of the solid earth, the atmosphere and the earth’s magnetosphere.

Geotechnical		The study of ground stability.

Gneiss		A foliated rock formed by regional metamorphism, in which bands or lens-shaped strata or bodies of rock of granular minerals alternate with bands or lens-shaped strata or bodies or rock in which minerals having flaky or elongate prismatic habits predominate.

Granitic		Pertaining to or composed of granite.

Heap Leach		A mineral processing method involving the crushing and stacking of an ore on an impermeable liner upon which solutions are sprayed that dissolve metals such as copper, silver and copper; the solutions containing the metals are then collected and treated to recover the metals.

Intrusions		Masses of igneous rock that, while molten, were forced into or between other rocks.

Kimberlite		A blue/gray igneous rock that contains olivine, serpentine, calcite and silica and is the principal original environment of diamonds.

Lamproite		Dark-colored igneous rocks rich in potassium and magnesium.

Lithospere		The solid outer portion of the Earth.


Mantle		The zone of the Earth below the crust and above the core.

Mapped or Geological		The recording of geologic information such as the distribution and nature of rock

Mapping		Units and the occurrence of structural features, mineral deposits, and fossil localities.

Metavolcanic		Said of partly metamorphosed volcanic rock.

Migmatite		A composite rock composed of igneous or igneous-appearing and/or metamorphic materials that are generally distinguishable megascopically.

Mineral		A naturally formed chemical element or compound having a definite chemical composition and, usually, a characteristic crystal form.

Mineralization		A natural occurrence in rocks or soil of one or more metal yielding minerals.

Mineralized Material		The term “mineralized material” refers to material that is not included in the reserve as it does not meet all of the criteria for adequate demonstration for economic or legal extraction.

Mining		Mining is the process of extraction and beneficiation of mineral reserves to produce a marketable metal or mineral product. Exploration continues during the mining process and, in many cases, mineral reserves are expanded during the life of the mine operations as the exploration potential of the deposit is realized.

Outcrop		That part of a geologic formation or structure that appears at the surface of the earth.

Pipes		Vertical conduits.

Plagioclase		Any of a group of feldspars containing a mixture of sodium and calcium feldspars, distinguished by their extinction angles.


Probable Reserve		The term “probable reserve” refers to reserves for which quantity and grade and/or quality are computed from information similar to that used for proven (measured) reserves, but the sites for inspection, sampling, and measurement are farther apart or are otherwise less adequately spaced. The degree of assurance, although lower than that for proven reserves, is high enough to assume continuity between points of observation.

Production Stage		A “production stage” project is actively engaged in the process of extraction and beneficiation of mineral reserves to produce a marketable metal or mineral product.

Proterozoic		Of or relating to the later of the two divisions of Precambrian time, from approximately 2.5 billion to 570 million years ago, marked by the buildup of oxygen and the appearance of the first multicellular eukaryotic life forms.

Reserve		The term “reserve” refers to that part of a mineral deposit which could be economically and legally extracted or produced at the time of the reserve determination. Reserves must be supported by a feasibility study done to bankable standards that demonstrates the economic extraction. (“Bankable standards” implies that the confidence attached to the costs and achievements developed in the study is sufficient for the project to be eligible for external debt financing.) A reserve includes adjustments to the in-situ tonnes and grade to include diluting materials and allowances for losses that might occur when the material is mined.

Sedimentary		Formed by the deposition of sediment.

Shear		A form of strain resulting from stresses that cause or tend to cause contiguous parts of a body of rock to slide relatively to each other in a direction parallel to their plane of contact.

Sill		A concordant sheet of igneous rock lying nearly horizontal. A sill may become a dike or vice versa.

Strike		The direction or trend that a structural surface, e.g. a bedding or fault plane, takes as it intersects the horizontal.

Strip		To remove overburden in order to expose ore.

Till		Generally unconsolidated matter, deposited directly by and underneath a glacier without subsequent reworking by meltwater, and consisting of a mixture of clay, silt, sand, gravel, and boulders ranging widely in size and shape.

Unconformably		Not succeeding the underlying rocks in immediate order of age or not fitting together with them as parts of a continuous whole.

Vein		A thin, sheet like crosscutting body of hydrothermal mineralization, principally quartz.

Wall Rock		The rock adjacent to a vein.

General Overview

Menzies Bay Minerals was incorporated in the state of Nevada on March 27, 2006. The Menzies Bay Minerals Company (“Menzies Bay” or the “Company”) is engaged in the exploration for copper and other minerals. The Company has staked a prospect that contains 2 mining claims 18km North of Campbell River. We refer to these mining claims as the Menzies Bay Copper Property (“Menzies Bay”).

We are an exploration stage company and we cannot provide assurance to investors that our mineral claims contain a commercially exploitable mineral deposit, or reserve, until appropriate exploratory work is done and an economic evaluation based on such work concludes economic feasibility.

Property Acquisition Details

On May 19, 2006 Menzies Bay Minerals purchased the Menzies Bay Copper Property for USD $15,000.

MENZIES COPPER PROPERTY BC LOCATION MAP

Land Status, Topography, Location and Access

The Menzies Copper Property is located about 18 km north of Campbell River on Vancouver Island, BC, adjacent to the Island Highway. The Menzies Copper Property is comprised of two mineral claims totaling 269.216 hectares in area. The property is accessible by logging roads. All known showings are on or near existing roads.

Topography of the claims area is low to moderate, with the main outcrop areas being about 150 metres in elevation. The climate is mild and has considerable precipitation as is typical of low elevation areas on the east coast of Vancouver Island. Snowfall occurs sporadically in the winter months, but seldom persists beyond a few days. Vegetation is a thick second-growth coniferous forest with some clear cuts from recent logging.

MENZIES COPPER PROPERTY REGIONAL LOCATION MAP

Mining Claims

The Menzies Copper Property is comprised of two mineral claims totaling 269.216 hectares in area.

BC Tenure #	Work Due Date		Units		Total Area (Hectares)
528851		Feb. 24, 2007		11		227.8
533765		May 8, 2007		2		41.416
				13		269.216

Geology of the Mineral Claims

Vancouver Island lies within the insular belt and is built on a thick platform of Paleozoic volcanic-sedimentary rocks known as the Sicker Group. The Sicker Group hosts the large polymetallic volcanogenic deposits mined at Myra Falls near Buttle Lake and several other former mines. This rock package is not well exposed in the Campbell River area, although it does trend up the center of the North Vancouver Island.

Rocks of the Campbell River area overlie the Sicker Group platform and comprise a conformable sequence of, from oldest to youngest, Karmutsen Formation basalt and Quatsino Formation limestone of Upper Triassic age, and Bonanza Volcanics of Lower to Mid-Jurassic age. Parson Bay Formation calcareous sediments and Harbledown Formation non-calcareous sediments may occur between the Quatsino Formation and Bonanza Volcanics but have not been noted in the Campbell River area. The entire package spans Late Triassic to Mid- Jurassic time and is intruded by Middle to Late Jurassic Island Intrusion plutonic rocks. A Tertiary intrusive/extrusive event in also present in many areas of Vancouver Island, but has not been noted in the project area.

The Karmutsen Formation has a total thickness of approximately 6,000m. The predominant units are pillowed basaltic flows and breccias, and basaltic to andestitic massive and amygdaloidal flows. Thin beds and lenses of limestone, which may represent earliest Quatsino Formation limestone deposition, are present in the uppermost Karmutsen Formation.

The Menzies Bay area is underlain primarily by basaltic volcanic rocks of the Upper Triassic karmutsen Formation. It is within this horizon near or at the top of the Karmutsen Formation that the Menzies Copper copper, silver and vanadium mineralization occurs.

The property area is underlain by highly fractured and sheared Karmutsen Formation amygdaloidal basaltic flow rocks interlayered with dense, fine to medium grained basaltic units and minor thin beds of sedimentary, carbonaceous and tuffaceous material. Many of the flows are highly amygdaloidal with amygdules filled with calcite, quartz, chlorite, actinolite, prehnite or clinozoisite. The rocks are chloritized and cut by numerous stringers and veinlets of quartz, calcite and epidote. Small lenses of limestone locally contain brachiopod fossils of Upper Triassic age.

The presence of vanadium - bearing mineralization on the Menzies Copper Property was first described by H. V. Ellsworth and H. C. Gunning in 1944. At the Menzies Copper Property, the copper-vanadium-silver mineralization occurs within carbonaceous sedimentary layers between basaltic flows of the Upper Triassic Karmutsen Formation. Chalcocite, volborthite, native copper and a list of rare copper and vanadium minerals are the principal ore minerals. Malachite, azurite and cuprite are confined to oxidized and weathered surfaces, as is the vanadium mineral volborthite, which occurs as a yellow coating. The presence of vanadium bearing mineralization will provide important financial credits to the copper and silver values if an economic orebody can be defined.

Chalcocite is the most abundant mineral with native copper and chalcopyrite in lesser amounts. In 1960, J.L. Jambor also identified volborthite, malachite, azurite, tenorite, brochantite, cyanotrichite, amygdaloidal greenockite and a new species of blue hydrous copper sulphate.

Exploration History

The first recorded exploration in the property area was prior to 1916. In 1944, the Menzies Bay Deposit, then known as the Conglomerate Copper Group, was described by Gunning and Carlisle as being developed by trenches and open-cuts for over 600 metres in a northwest direction. The copper/vanadium mineralization was microscopically investigated at the main mineralized zone.

In 1953, Indian Mines Ltd. completed 543 feet of diamond drilling.

In 1955, Argus Consolidated Mines Ltd. shipped 5 tonnes of high-grade copper ore to the Tacoma smelter. This resulted in production of 1011 Kg of copper (~20% Cu) and 249 grams of silver.

During 1958, leasers drove a 40-foot tunnel on two parallel chalcocite zones, from which 18 tons (16 tonnes) of 24% copper ore was produced and shipped to a Japanese smelter.

In 1966 the Chal group of claims was reported on by Menzies Bay Mining Ltd, a previous owner of the property. Property ownership was fragmented but a number of geophysical and geochemical surveys were done over parts of the area.

A report was done on the northern part of the property in 1981, consisting of geology, geophysics and geochemistry. In 1990 and 2004, geological mapping and rock sampling was done by Laird Exploration Ltd.

Vanadium was not recovered or reported in the ore shipments, the average grade indicated from more recent sampling is in the 1 to 2% range. Silver values assay up to 120 grams per tonne. Recent copper assays from high-grade dump samples reached 32% copper content.

REGIONAL GEOLOGY OF THE MENZIES COPPER PROPERTY

Proposed Program of Exploration

Vanadium bearing mineralization associated with the copper mineralization is known to occur on the Menzies Copper Property. The property hosts several showings at approximately the same horizon over a length of several kilometers. Limited soil geochemistry and geophysics seem to indicate continuity of the mineral horizon.

Ongoing exploration of the Menzies Copper Property should include an evaluation of the vanadium values in the copper-silver deposits. With present day technology, a much lower grade of open-pit copper mineralization can be profitably mined as long as there is a sufficiently large tonnage. The presence of silver and vanadium credits could also help to make large volumes of mineralized rock which were previously thought to be uneconomic, into ore.

A proposed work program includes construction of a control grid, geological mapping and rock sampling, a soil and silt geochemical sampling program, IP geophysical survey, and trenching. Based on a compilation of these results, a diamond drill program will be designed to

explore and define the potential resources.

Cost Estimates of Exploration Programs

The anticipated costs of this development are presented in three results-contingent stages.

Phase 1

Reconnaissance geological mapping, prospecting and rock sampling.	$	25,000.00

Phase 2

Detailed geological mapping and rock sampling, grid construction, soil and silt geochemical survey, IP survey, establish drill and trenching targets.	$	75,000.00
Phase 3


1000 metres of diamond drilling including geological supervision, assays, report and other ancillary costs.	$	150,000.00

TOTAL	$	250,000.00

Compliance With Government Regulation

We will be required to conduct all mineral exploration activities in accordance with government regulations. Such operations are subject to various laws governing land use, the protection of the environment, production, exports, taxes, labor standards, occupational health, waste disposal, toxic substances, well safety and other matters. Unfavorable amendments to current laws, regulations and permits governing operations and activities of resource exploration companies, or more stringent implementation thereof, could have a materially adverse impact and cause increases in capital expenditures which could result in a cessation of operations.

Employees

At present, we have no employees, other than Mr. Ermer, our sole director and officer. We anticipate that we will be conducting most of our business through agreements with consultants and third parties.

MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following discussion of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and the notes to those statements included elsewhere in this prospectus. In addition to the historical consolidated financial information, the following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including those set forth under "Risk Factors" and elsewhere in this prospectus.

Plan of Operations

Our business plan is to proceed with the exploration of the Menzies Bay Copper Property to determine whether there is any potential for copper, silver or other metals located on the properties that comprise the mineral claims. We have decided to proceed with the exploration program recommended by the geological report. We anticipate that the three phases of the recommended geological exploration program will cost approximately $25,000, $75,000.00 and $150,000 respectively. We had $Nil in cash reserves as of December 31, 2006. The lack of cash has kept us from conducting any exploration work on the property.

We anticipate that we will incur the following expenses over the next twelve months:

Ø	$875 to be paid to the British Columbia Provincial Government to keep the claims valid;

Ø	$25,000 in connection with the completion of Phase 1 of our planned geological work program;

Ø	$75,000 in connection with the completion of Phase 2 of our planned geological work program;

Ø	$150,000 for Phase 3 of our planned geological work program; and

Ø	$10,000 for operating expenses, including professional legal and accounting expenses associated with compliance with the periodic reporting requirements after we become a reporting issuer under the Securities Exchange Act of 1934, but excluding expenses of the offering.

If we determine not to proceed with further exploration of our mineral claims due to a determination that the results of our initial geological program do not warrant further exploration or due to an inability to finance further exploration, we plan to pursue the acquisition of an interest in other mineral claims. We anticipate that any future acquisition would involve the acquisition of an option to earn an interest in a mineral claim as we anticipate that we would not have sufficient cash to purchase a mineral claim of sufficient merit to warrant exploration. This means that we might offer shares of our stock to obtain an option on a property. Once we obtain an option, we would then pursue finding the funds necessary to explore the mineral claim by one or more of the following means: engaging in an offering of our stock; engaging in borrowing; or locating a joint venture partner or partners.

Results Of Operations

We have not yet earned any revenues. We anticipate that we will not earn revenues until such time as we have entered into commercial production, if any, of our mineral properties. We are presently in the exploration stage of our business and we can provide no assurance that we will discover commercially exploitable levels of mineral resources on our properties, or if such resources are discovered, that we will enter into commercial production of our mineral properties.

Liquidity And Capital Resources

At December 31, 2006, our cash and cash equivalent totaled $NIL. Since our inception on March 27, 2006, to the end of our fiscal year on December 31, 2006, we incurred a loss of ($15,855). Net cash used in operating activities was $855 for the period ended December 31, 2006. At December 31, 2006, we had an accumulated deficit of $15, 855.

From our inception on March 27, 2006 to the end of our fiscal year on December 31, 2006, net cash used in investing activities totaled $15,000. Of the $15,000 in net cash provided by investing activities, $8,000 was derived from the issuance of common stock and $7,000 was derived from additional paid-in capital. The Company purchased the Menzies Bay Copper property for $15,000.

Based on our current operating plan, we do not expect to generate revenue that is sufficient to cover our expenses for at least the next twelve months. In addition, we do not have sufficient cash and cash equivalents to execute our operations for at least the next twelve months. We will need to obtain additional financing to operate our business for the next twelve months. We will raise the capital necessary to fund our business through a private placement and public offering of its common stock. Additional financing, whether through public or private equity or debt financing, arrangements with stockholders or other sources to fund operations, may not be available, or if available, may be on terms unacceptable to us. Our ability to maintain sufficient liquidity is dependent on our ability to raise additional capital. If we issue additional equity securities to raise funds, the ownership percentage of our existing stockholders would be reduced. New investors may demand rights, preferences or privileges senior to those of existing holders of our common stock. Debt incurred by us would be senior to equity in the ability of debt holders to make claims on our assets. The terms of any debt issued could impose restrictions on our operations. If adequate funds are not available to satisfy either short or long-term capital requirements, our operations and liquidity could be materially adversely affected and we could be forced to cease operations.

We are bearing all costs relating to the registration of the common stock, which are estimated at $10,000. The selling shareholder, however, will pay any commissions or other fees payable to brokers or dealers in connection with any sale of the common stock.

We are paying the expenses of the offering because we seek to (i) become a reporting company with the Commission under the Securities Exchange Act of 1934 (the "1934 Act"); and (ii) enable our common stock to be traded on the OTC Bulletin Board. We believe that the registration of the resale of shares on behalf of our existing shareholder may facilitate the development of a public market in our common stock if our common stock is approved for trading on the OTC Bulletin Board. We have not yet determined whether we will separately register our securities under Section 12 of the 1934 Act.

DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT EMPLOYEES

Information about our sole director and executive officer follows:

NAME	AGE	POSITION AND TERM OF OFFICE

Martin Ermer	47	President, Secretary, Treasurer and Director

At present, we have only one Executive Officer and Director. Our Bylaws provide for a board of directors ranging from 1 to 9 members, with the exact number to be specified by the board. All Directors will hold office until the next annual meeting of the stockholders following their election and until their successors have been elected and qualified. The Board of Directors appoints Officers. Officers will hold office until the next annual meeting of our Board of Directors following their appointment and until their successors have been appointed and qualified.

Set forth below is a brief description of the recent employment and business experience of our sole Executive Officer and Director:

Biography and work history of Martin Ermer

From May 2005 to present, Martin Ermer has held the position as President of General Gas Corporation, a public company that seeks business opportunities in the area of petroleum and natural gas exploration. From January 1998 to 2002, Mr. Ermer was a manager at Molson Breweries Canada dealing with various quantity controls of the release of the brewing process. From August 2002 to May 2005, Mr. Ermer was a director and officer of North American General Resources, a company involved in the exploration of diamonds.

REMUNERATION OF DIRECTORS AND OFFICERS

The following table sets forth the remuneration of our sole Director and Executive Officer for the period from inception on March 27, 2006 through to the end of period on December 31, 2006:

NAME OF INDIVIDUAL	CAPACITIES IN WHICH REMUNERATION WAS RECEIVED	AGGREGATE REMUNERATION
Martin Ermer	President, Director	$0

We have no employment agreements with our Executive Officer. We do not pay compensation to our Director for attendance at meetings. We reimburse our Director for reasonable expenses incurred during the course of their performance.

SECURITY OWNERSHIP OF MANAGEMENT AND CERTAIN SECURITY HOLDERS

The following table lists the share ownership of persons who, as of the date of this prospectus owned of record or beneficially, directly or indirectly, more than five percent (5%) of the outstanding common stock:

NAME AND ADDRESS OF OWNER	SHARES OWNED PRIOR TO OFFERING	SHARES TO BE OFFERED FROM SELLING SHAREHOLDER'S ACCOUNT	SHARES TO BE OWNED UPON COMPLETION OF OFFERING	PERCENTAGE OF CLASS (1)
				BEFORE OFFERING	AFTER OFFERING
Martin Ermer 9330 Bothwell Drive Surrey, BC V4N 3G3	8,000,000	2,500,000	5,500,000	100%	68.75%

(1) This table is based on 8,000,000 shares of common stock outstanding

INTEREST OF MANAGEMENT AND OTHERS IN CERTAIN TRANSACTIONS

As of the date of this prospectus, other than the transaction described above, there are no, and have not been since inception, any material agreements or proposed transactions, whether direct or indirect, with any of the following:

Ø	any of our Directors or Officers;

Ø	any nominee for election as a Director;

Ø	any principal security holder identified in the preceding "Security Ownership of Selling Shareholder and Management" section; or

Ø	any relative or spouse, or relative of such spouse, of the above referenced persons.

SECURITIES BEING OFFERED

We are authorized to issue up to 100,000,000 shares of common stock, par value $0.001per share.

Common Stock

The holders of common stock are entitled to one vote for each share held of record on all matters submitted to a vote of the stockholders. We do not have cumulative voting rights in the election of directors, and accordingly, holders of a majority of the voting shares are able to elect all of the directors.

Subject to preferences that may be granted, holders of common stock are entitled to receive ratably such dividends as may be declared by the board of directors out of funds legally available therefore as well as any distributions to the stockholders. We have never paid cash dividends on our common stock, and do not expect to pay such dividends in the foreseeable future.

In the event of a liquidation, dissolution or winding up of our company, holders of common stock are entitled to share ratably in all of our assets remaining after payment of liabilities.. Holders of common stock have no preemptive or other subscription or conversion rights. There are no redemption or sinking fund provisions applicable to the common stock.

TRANSFER AGENT AND REGISTRAR

Wall Street Transfer Agents Inc., Suite 101-5521 192^nd Street, Surrey, British Columbia, V3S 8E5 Telephone: 604.662.4540 Toll Free: 1.866.455.WSTA(9782), serves as the transfer agent and registrar for our common stock.

Wall Street Transfer Agents Inc. is registered under the Exchange Act and is an SEC approved Transfer Agent.

SEC POSITION ON INDEMNIFICATION

Our bylaws provide that each officer and director of our company shall be indemnified by us against all costs and expenses actually and necessarily incurred by him or her in connection with the defense of any action, suit or proceeding in which he or she may be involved or to which he or she may be made a party by reason of his or her being or having been such director or officer, except in relation to matters as to which he or she has been finally adjudged in such action, suit or proceeding to be liable for negligence or misconduct in the performance of duty.

The indemnification provisions of our bylaws diminish the potential rights of action, which might otherwise be available to shareholders by affording indemnification against most damages and settlement amounts paid by a director in connection with any shareholders derivative action. However, there are no provisions limiting the right of a shareholder to enjoin a director from taking actions in breach of his fiduciary duty, or to cause the Company to rescind actions already taken, although as a practical matter courts may be unwilling to grant such equitable remedies in circumstances in which such actions have already been taken. Also, because the Company does not presently have directors' liability insurance and because there is no assurance that we will procure such insurance or that if such insurance is procured it will provide coverage to the extent directors would be indemnified under the provisions, we may be forced to bear a portion or all of the cost of the director's claims for indemnification under such provisions. If we are forced to bear the costs for indemnification, the value of our stock may be adversely affected.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 (the "Act") may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.

LEGAL MATTERS

Diane D. Dalmy, Attorney at Law IANE D. DALMY, ATTORNEY AT LAW, 8965 W. Cornell Place, Lakewood Colorado 80227, Telephone 303.985.9324 ,Facsimile 303.988.6954, will pass upon certain matters relating to the legality of the common stock offered hereby for us.

EXPERTS

Our audited financial statements as of December 31, 2006 have been audited by MOORE & ASSOCIATES, CHARTERED, as set forth in its report. The financial statements have been included in reliance upon the authority of MOORE & ASSOCIATES, CHARTERED as experts in accounting and auditing.

AVAILABLE INFORMATION

We have not previously been subject to the reporting requirements of the Securities and Exchange Commission. We have filed with the Commission a registration statement on Form SB-1 under the Securities Act with respect to the shares offered hereby. This prospectus does not contain all of the information set forth in the registration statement and the exhibits and schedules thereto. For further information with respect to our securities and us you should review the registration statement and the exhibits and schedules thereto. Statements made in this prospectus regarding the contents of any contract or document filed as an exhibit to the registration statement are not necessarily complete. You should review the copy of such contract or document so filed.

You can inspect the registration statement and the exhibits and the schedules thereto filed with the commission, without charge, at the office of the Commission at Judiciary Plaza, 450 Fifth Street, NW, Washington, D.C. 20549. You can also obtain copies of these materials from the public reference section of the commission at 450 Fifth Street, NW, Washington, D.C. 20549, at prescribed rates. You can obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The Commission maintains a web site on the Internet that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the Commission at HTTP://WWW.SEC.GOV.

REPORTS TO STOCKHOLDERS

As a result of filing the registration statement, we are subject to the reporting requirements of the federal securities laws, and are required to file periodic reports and other information with the SEC. We will furnish our shareholders with annual reports containing audited financial statements certified by independent public accountants following the end of each fiscal year and quarterly reports containing unaudited financial information for the first three quarters of each fiscal year following the end of such fiscal quarter.

MOORE & ASSOCIATES, CHARTERED

ACCOUNTANTS AND ADVISORS

PCAOB REGISTERED

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors

Menzies Bay Minerals Inc. (An Exploration Stage Company) Las Vegas, Nevada

We have audited the accompanying balance sheet of Menzies Bay Minerals Inc. (An Exploration Stage Company) as of December 31, 2006, and the related statements of operations, stockholders’ equity and cash flows from inception March 27, 2006, through December 31, 2006, and the period then ended. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Menzies Bay Minerals Inc (An Exploration Stage Company) as of December 31, 2006 and the results of its operations and its cash flows from inception March 27, 2006, through December 31, 2006 and the period then ended, in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company’s net losses and accumulated deficit of $15,855 as of December 31, 2006 which raises substantial doubt about its ability to continue as a going concern. Management’s plans concerning these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Moore & Associates, Chartered

Moore & Associates Chartered

Las Vegas, Nevada

January 9, 2007

Menzies Bay Minerals Inc.

(An Exploration Stage Company)

Financial Statements and Footnotes to the Financial Statements

From Inception (March 27, 2006) to December 31, 2006

(In US Dollars)

MENZIES BAY MINERALS INC.
(An exploration stage company)
Balance Sheet
(Stated in US Dollars)

	December 31
	2006
ASSETS
Current Assets
Cash		0
Total Current Assets		0

Fixed Asstes		0

Total Assets		0

LIABILITIES
Current Liabilities
Accounts payable		855
Total Current Liabilities		855

Long term Liabilities		0

Total Liabilities		855

EQUITY
100,000,00 Common Shares Authorized, 8,000,000 Shares Issued at Founders, @ $0.001875 Per Share		8,000
Additional Paid-in Capital		7,000
Retained Earnings (Loss)		(15,855	)
Total Stockholders Equity		(855	)
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY		0

The accompanying notes are an integral part of these financial statements.

MENZIES BAY MINERALS INC.
(An exploration stage company)
Income Statement
(Stated in US Dollars)

	Year ended December 31		Period from inception (March 27, 2006) to December 31, 2006
	2006		2006
Revenue	0		0

Expenses

Accounting & Legal Fees
Incorporation	855		855
Total Expenses	855		855

Other Income (expenses)
Recognition of an Impairment Loss
(Mineral Claims)	15,000		15,000

Net Income (Loss)	(15,855	)	(15,855	)

Basic & Diluted (Loss) per Share	(0.002	)	(0.002	)


Weighted Average Number of Shares	8,000,000		8,000,000

The accompanying notes are an integral part of these financial statements.

MENZIES BAY MINERALS INC.
(An exploration stage company)
STATEMENT OF STOCKHOLDER’S EQUITY
From Inception (March 27, 2006) to December 31, 2006
(Stated in US Dollars)


				Deficit
				Accumulated
				During
	Common Stock		Paid in		Development		Total
	Shares	Amount	Capital		Stage		Equity
Shares issued to founders at $0.001875 per share	8,000,000	8,000	7,000				15,000

Net (Loss) for period					(15,855	)	(15,855	)
Balance, December 31, 2006	8,000,000	8,000	7,000		(15,855	)	(855	)

The accompanying notes are an integral part of these financial statements.

MENZIES BAY MINERALS INC.
(An exploration stage company)
Statement of Cash Flows
(Stated in US Dollars)

	Year ended December 31			Period from inception (March 27, 2006) to December 31, 2006
	2006			2006
Cash Flow From Operating Activities
Net Income (Loss)	(15,855)			(15,855)
Accounts Payable		855			855
Net Cash from Operating Activities		(15,000	)		(15,000	)


Cash Flow From Investing Activities		0			0
Net Cash from Investing Activities		0			0


Cash Flow from Financing Activities
Common Shares Issued at Founders @ $0.001875 Per Share		8,000			8,000
Addiotnal Paid-in Capital		7,000			7,000
Net Cash from Financial Activities		15,000			15,000


Cash at Beginning of Period		0			0
Cash at end of Period		0			0

The accompanying notes are an integral part of these financial statements.

Menzies Bay Minerals Inc.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27, 2006) to December 31, 2006

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

The Company was incorporated in the State of Nevada on March 27, 2006 as Menzies Bay Minerals Inc. The Company is engaged in the exploration of mineral properties for copper, silver and other minerals.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.	Accounting Method

The Company’s financial statements are prepared using the accrual method of accounting. The Company has elected a December 31 year-end.

b.	Revenue Recognition

The Company recognizes revenue when persuasive evidence of an arrangement exists, goods delivered, the contract price is fixed or determinable, and collectibility is reasonably assured.

c.	Income Taxes

The provision for income taxes is the total of the current taxes payable and the net of the change in the deferred income taxes. Provision is made for the deferred income taxes where differences exist between the period in which transactions affect current taxable income and the period in which they enter into the determination of net income in the financial statements.

The Company provides for income taxes under Statement of Financial Accounting Standards NO. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of an asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse.

SFAS No. 109 requires the reduction of deferred tax assets by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. In the Company’s opinion, it is uncertain whether they will generate sufficient taxable income in the future to fully utilize the net deferred tax asset.

The provision for income taxes is comprised of the net changes in deferred taxes less the valuation account plus the current taxes payable.

MENZIES BAY MINERALS INC.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27,2006) to December 31, 2006

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

d.	Foreign currency translation

Foreign currency transactions are recorded at the rate of exchange on the date of the transaction. At the balance sheet date, monetary assets and liabilities denominated in foreign currencies are reported using the closing exchange rate. Exchange differences arising on the settlement of transactions at rates different from those at the date of the transaction, as well as unrealized foreign exchange differences on unsettled foreign currency monetary assets and liabilities, are recognized in the income statement.

Unrealized exchange differences on non-monetary financial assets (investments in equity instruments) are a component of the change in their entire fair value. For a non-monetary financial asset unrealized exchange differences are recognized in the income statement. For non-monetary financial investments unrealized exchange differences are recorded directly in Equity until the asset is sold or becomes impaired.

e.	Use of Estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Assets

The Company holds no assets as of December 31, 2006.

	December 31, 2006
ASSETS
Current Assets
Cash		0
Total Current Assets		0
Fixed Assets		0
Total Assets		0

Mineral Property.

The Menzies Bay Copper Property is located about 18 km north of Campbell River on Vancouver Island, adjacent to the Island Highway. It is comprised of two mineral claims totaling 269.2 16 hectares.

MENZIES BAY MINERALS INC.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27, 2006) to December 31, 2006

NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

The anticipated costs of this development are presented in three results-contingent stages.

Phase 1

Reconnaissance, geological mapping, prospecting and rock sampling.	$	25,000.00

Phase 2

Detailed geological mapping and rock sampling, grid construction, soil and silt geochemical survey, IP survey, establish drill and trenching targets.	$	75,000.00

Phase 3

1000 metres of diamond drilling including geological supervision, assays, report and other ancillary costs.	$	150,000.00

TOTAL	$	250,000.00

g. Income

Income represents all of the Company’s revenue less all its expenses in the period incurred. The Company has no revenues as of December 31, 2006 and has paid expenses for $15,855 during the same period, $855 representing incorporation costs and $15,000 in recognition of an impairment loss for the mineral claims.

In accordance with FASB/ FAS 142 option 12, paragraph 11 “Intangible Assets Subject to Amortization”, a recognized intangible asset shall be amortized over its useful life to the reporting entity unless that life is determined to be indefinite. If an intangible asset has been has a finite useful life, but the precise length of that life is not known, that intangible asset shall be amortized over the best estimate of its useful life. The method of amortization shall reflect the pattern in which the economic benefits of the intangible asset are consumed or otherwise used up. If that pattern cannot be reliable determined, a straight-line amortization method shall be used. An intangible asset shall not be written down or off in the period of acquisition unless it becomes impaired during that period.

MENZIES BAY MINERALS INC.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27, 2006) to December 31, 2006

Period from inception (March 27, 2006) to Year ended December 31 December 31, 2006
	2006			2006
Revenue		0			0
Expenses
Accounting & Legal Fees
Incorporation		855			855
Total Expenses		855			855
Other Income (expenses)
Recognition of an Impairment Loss
(Mineral Claims)		15,000			15,000
Net Income (Loss)		(15,855	)		(15,855	)

h.	Basic Income (Loss) Per Share

In accordance with SFAS No. 128-“Earnings Per Share”, the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. At December 31, 2006, the Company has no stock equivalents that were anti-dilutive and excluded in the earnings per share computation.

	Year ended December 2006			Period from inception (March 27, 2006) to 31December 31,

	2006			2006
Net Income (Loss)		(15,855	)		(15,855	)
Basic & Diluted (Loss) per Share		(0.002	)		(0.002	)
Weighted Average Number of Shares		8,000,000			8,000,000

i.	Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with maturity of three months or less to be cash equivalents.

MENZIES BAY MINERALS INC.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27,2006) to December 31, 2006

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

	December 312006
ASSETS
Current Assets
Cash		0

j. Liabilities

Liabilities are made up of current liabilities.

Current liabilities include accounts payable of $ 855 on aggregate.

	December 312006
LIABILITIES Current Liabilities
Accounts payable		855
Total Current Liabilities		855
Long term Liabilities		0
Total Liabilities		855

Share Capital

a)	Authorized:

100,000,000 common shares with a par value of $0.001

Issued:

As of December 31, 2006, there are Eight Million (8,000,000) shares issued and outstanding at a value of $0.001875 per share for a total of $15,000.

There are no preferred shares outstanding. The Company has issued no authorized preferred shares.

The Company has no stock option plan, warrants or other dilutive securities.

MENZIES BAY MINERALS INC.

(An Exploration Stage Company)

Footnotes to the Financial Statements

From Inception (March 27,2006) to December 31, 2006

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. However, the Company has accumulated a loss and is new. This raises substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from this uncertainty.

As shown in the accompanying financial statements, the Company has incurred a net (loss) of ($15,855) for the period from March 27, 2006 (inception) to December 31, 2006 and has not generated any revenues. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of acquisitions. Management has plans to seek additional capital through a private placement and public offering of its common stock. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

No dealer, salesman or any other person has been authorized to give any quotation or to make any representations in connection with the offering described herein, other than those contained in this prospectus. If given or made, such other information or representation, must not be relied upon as having been authorized by the Company or by any underwriter. This prospectus does not constitute an offer to sell, or a solicitation of an offer to buy any securities offered hereby in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction.

DEALER PROSPECTUS DELIVERY OBLIGATION

Until __________________ (90th day after the later of (1) the effective date of the registration statement or (2) the first date on which the securities are offered publicly), all dealers that effect transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers' obligation to deliver a prospectus when acting as underwriters and with respect to their unsold allotments or subscriptions.

PART II - INFORMATION NOT REQUIRED IN PROSPECTUS

ITEM 1. INDEMNIFICATION OF DIRECTORS AND OFFICERS.

Section 78.7502 of the Nevada Revised Statutes and Article VII of our Articles of Incorporation permit us to indemnify our officers and directors and certain other persons against expenses in defense of a suit to which they are parties by reason of such office, so long as the persons conducted themselves in good faith and the persons reasonably believed that their conduct was in our best interests or not opposed to our best interests and, with respect to any criminal action or proceeding, had no reasonable cause to believe their conduct was unlawful. See our Articles of Incorporation filed as Exhibit 2.1 to this registration statement.

Indemnification is not permitted in connection with a proceeding by us or in our right in which the officer or director was adjudged liable to us or in connection with any other proceeding charging that the officer or director derived an improper personal benefit, whether or not involving action in an

official capacity.

ITEM 2. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.

The expenses to be paid by us in connection with the securities being registered are as follows:

		AMOUNT
Securities and Exchange Commission Registration Fee	$	100*
Accounting Fees and Expenses		3,000
Legal Fees and Expenses		6,500
Transfer Agent and Registrar Fees and Expenses		250
Printing Expenses		100
Miscellaneous Expenses		50
Total	$	10,000*

*Estimated amount

ITEM 3. UNDERTAKINGS.

The Company hereby undertakes to:

1)	File, during any period in which it offers or sells securities, a post-effective amendment to this registration statement to:

i) Include any prospectus required by section 10(a)(3) of the Securities Act; and

ii) Reflect in the prospectus any facts or events which, individually or together, represent a fundamental change in the information in the registration statement; and notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b)) if, in the aggregate, the changes in the volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

iii) Include any additional or changed material information on the plan of distribution.

provided, however, that paragraphs (i) and (ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the registrant pursuant to Section 13 or Section 14(d) of the Securities Exchange Act of 1934;

That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof;

3)	To remove from registration by means of a post-effective amendment any of the securities being registered hereby which remain unsold at the termination of the offering;

That, for the purpose of determining liability of the undersigned small business issuer under the Securities Act to any purchaser in the initial distribution of the securities, the undersigned small business issuer undertakes that in a primary offering of securities of the undersigned small business issuer pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned small business issuer will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

(i) Any preliminary prospectus or prospectus of the undersigned small business issuer relating to the offering required to be filed pursuant to Rule 424 of Regulation C of the Securities Act;

(ii) Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned small business issuer or used or referred to by the undersigned small business issuer;

(iii) The portion of any other free writing prospectus relating to the offering containing material information about the undersigned small business issuer or its securities provided by or on behalf of the undersigned small business issuer; and

(iv) Any other communication that is an offer in the offering made by the undersigned small business issuer to the purchaser.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 (the "Act") may be permitted to directors, officers and controlling persons of the small business issuer pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.

In the event that a claim for indemnification against such liabilities (other than the payment by us of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, we will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by us is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

ITEM 4. UNREGISTERED SECURITIES ISSUED OR SOLD WITHIN ONE YEAR.

The Company issued 8,000,000 shares of common stock on March 27, 2006 to its founder, Mr. Martin Ermer, at a price of $0.001 per share, plus additional paid-in capital of $7000, for total proceeds of $15,000. Mr. Ermer is our sole Executive Officer and Director. These shares were issued pursuant to Section 4(2) of the Securities Act. The 8,000,000 shares of common stock are restricted shares as defined in the Securities Act. This issuance was made to Mr. Ermer who is a sophisticated investor. As a promoter of our Company since our inception, Mr. Ermer is in a position of access to relevant and material information regarding our operations. No underwriters were used.

There is no material proceeding to which any director, officer, or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder, is a party adverse to the Company or has a material interest adverse to the Company.

ITEM 5. INDEX TO EXHIBITS.

REGULATION

S-B NUMBER EXHIBIT

3.1	Articles of Incorporation
3.2	Bylaws
5.1	Legal Consent, Diane Dalmy, May 30, 2007
10.1	Asset Purchase Agreement Menzies Bay Copper Property, May 19, 2006
23.1	Consent of MOORE & ASSOCIATES, Chartered Accountant, January 9, 2007

ITEM 6. DESCRIPTION OF EXHIBITS.

See item 5 above.

SIGNATURES

In accordance with the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements of filing on Form SB-1 and authorized this registration statement to be signed on its behalf by the undersigned, in the City of Vancouver, Province of British Columbia, on May 30, 2007.


	MENZIES BAY MINERALS, INC.

	By:	/s/ MARTIN ERMER
		MARTIN ERMER,
		Chief Executive Officer, Chief Financial Officer, (Principal Executive Officer and Principal Accounting Officer)

In accordance with the requirements of the Securities Act of 1933, this registration statement was signed by the following person in the capacity and on the date stated.

SIGNATURE	TITLE	DATE

/s/ MARTIN ERMER MARTIN ERMER	Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer and Director (Principal Executive Officer and Principal Accounting Officer)	May 30, 2007