UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported) February 23, 2009

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CAPITAL RESOURCE ALLIANCE INC.

 (Name of Small Business issuer in its charter)

            COLORAD0                              0-5272490-0219158___

     (State or other jurisdiction of            (Commission File No.)    (IRS Employer

      incorporation or organization)                                                 Identification No.)

16125 Shawbrooke Road  SW

Calgary, Alberta

Canada                                           T2Y 3B3

 (Address of principal executive offices)

(403) 827-7936    

(Registrant’s telephone number)

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Item 8 01. Other Events

Joseph Forzani of Calgary, AB has resigned as President and CEO on

February 23, 2009 and Fred Fitzgerald will take over interim duties of CEO, President, Secretary/Treasurer and Chief Accounting Officer.

In the same meeting it has been decided to move the offices of Capital Resource Alliance Inc.,

to 16125 Shawbrooke Rd. SW     Calgary, AB.

A copy of the minutes of the meeting is including in this document as Exhibit 99.1

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

EXHIBITS

99.1  February 23, 2009  Minutes of The Board of Directors

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Capital Resource Alliance Inc.                                             

/s/ Fred Fitzgerald

Secretary, Treasurer and Director

February 24, 2009

Exhibit 99.1

Board of Directors Minutes

MINUTES OF THE BOARD OF DIRECTORS

OF

CAPITAL RESOURCE ALLIANCE INC.

                                             February 24, 2009

A telephone meeting of the Board of Directors of CAPITAL RESOURCE ALLIANCE INC.

(the “Corporation”), was held on February 23, 2009 at 11:00 a.m. Eastern Standard Time.

Directors participating in the meeting were:    Joe Forzani and Fred Fitzgerald

The Board unanimously resolved the following:

RESOLVED:

That Joseph Forzani of Calgary, AB resigned as president of CAPITAL RESOURCE ALLIANCE INC.

That Fred Fitzgerald was elected President and CEO  to serve until the next annual meeting.

There being no further business, the meeting was adjourned.  

/s/ Fred Fitzgerald                               

Nadir Walji, Secreta                                      Fred Fitzgerald,   President, Ceo and secretary treasurer and chief accounting officer.

February 23, 2009