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): March 5, 2012

 

 

 

 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.)

 

 

100 Park Ave., 16th Floor

New York, New York

 10017
(Address of principal executive offices) (Zip Code)

 

 

Registrant’s telephone number, including area code:

(212) 984-0635

 

 

 

 

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:

 

£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 8.01. Other Events.

 

On March 2, 2012, SMG Indium Resources, Ltd. (the “Company”) entered into an Unconditional Sale and Purchase Agreement (“USPA”) to conduct a lending transaction. Pursuant to the USPA, the Company has agreed to sell 1,000 kilograms of 99.99% purity indium at a fixed price. Upon receipt of the purchase price, such indium will be delivered to the buyer. Further, the buyer agreed to sell back to the Company such 1,000 kilograms of indium (or indium equivalent) on a certain date and at a fixed price, with such price being $20 less per kilogram than the Company originally sold the indium to the buyer. A typical USPA is more fully described in the Company’s reports filed with the Securities and Exchange Commission, which are available on the Company’s website, www.smg-indium.com.

 

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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: March 5, 2012 SMG Indium RESOURCES LTD.
   
  By:  /s/ Alan C. Benjamin
    Name: Alan C. Benjamin
Title:   Chief Executive Officer

 

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