On July 6, 2012 William Delahunte and Todd Grano appointed Kelly Fielder as a director of Cascade Springs Ltd. and then resigned as officers and directors of the company. Mr. Fielder was then appointed the Chief Executive, Financial and Accounting Officer of the company. The appointment of Mr. Fielder and resignations of Messrs: Delahunte and Grano resulted in a change of control of the company. Mr. Fielder (age 43) is currently the Chief Executive officer and a Director of Denver Equity Corp. Since April 2012 Mr. Fielder has been a director of Elcora Resources Corp. Between June 2012 and April 2011 Mr. Fielder was the Vice President of Operations and a Director of Lion One Metals Ltd. Since February 2007 Mr. Fielder has been the Chief Executive Officer and a director of Resilient Energy Inc. On July 9, 2012 the company's directors and shareholders approved amendments to the company's articles of incorporation changing the name of the company to Colorado Gold Mines Inc. and authorizing the issuance of 10,000,000 preferred shares.