Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): May 19, 2011
 
 
SMG INDIUM RESOURCES LTD.
(Exact name of registrant as specified in its charter)
 
Delaware
000-54391
51-0662991
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

41 University Drive, Suite 400
Newton, Pennsylvania
18940
(Address of principal executive offices)
(Zip Code)


Registrant’s telephone number, including area code:
  (215) 809-2039
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
Item 8.01.   Other Events.

As of May 19, 2011, SMG Indium Resources, Ltd. (the “Company”) has purchased and taken delivery of approximately 4 metric tons of indium ingots of Chinese and South Korean origin in a secure third-party storage facility located in Rotterdam. Further, the Company has committed to purchase, at a fixed price, an additional 4 metric tons of indium ingots to be delivered at later dates.  The average purchase price of the approximate 8 metric tons of indium was $791 per kilogram and represents approximately 33% of the funds the Company is required to expend on the purchase of indium from its initial public offering that closed on May 10, 2011.


 
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 SIGNATURE


     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.
 

 
 Dated:   May 19, 2011 SMG INDIUM RESOURCES LTD.
   
   
 
By:  /s/ Alan C. Benjamin         
Name:  Alan C. Benjamin
Title:    Chief Executive Officer
 
 
 
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