Current Report Filing (8-k)
March 30 2017 - 2:49PM
Edgar (US Regulatory)
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
March 28, 2017
Date of Report (Date of
earliest event reported)
IRELAND INC.
(Exact name
of registrant as specified in its charter)
NEVADA
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000-50033
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91-2147049
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(State or other jurisdiction of
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(Commission File
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(IRS Employer Identification No.)
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incorporation)
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Number)
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2360 West Horizon Ridge Parkway, Suite 100
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Henderson, NV
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89052
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(Address of principal executive offices)
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(Zip Code)
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(702) 932-0353
Registrant's telephone
number, including area code
NOT APPLICABLE
(Former name or former
address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of 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 3.02
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Unregistered Sales of Equity Securities.
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On March 28, 2017, Ireland Inc. (the Company) completed the
sale of 28,119,123 shares of its common stock at a price of $0.08 per share for
gross proceeds of $2,249,530. An additional 21,250,000 shares of the Companys
common stock was issued to Nanominerals Corp. in settlement of $1,700,000 in
amounts owed by the Company to Nanominerals. The shares were issued and sold in
reliance upon the exemption from the registration requirements of the Securities
Act of 1933, as amended (the Securities Act), provided by Rule 506(b) on the
basis that each of the purchasers is an accredited investor as defined in Rule
501(a) of the Securities Act and the Company did not engage in any general
solicitation or general advertising in connection with the offering.
Attached as exhibit 99.1 to this report in a copy of the
Companys news release dated March 29, 2017 regarding the private placement
financing.
ITEM 9.01
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Financial Statements and Exhibits.
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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.
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IRELAND INC.
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Date: March 29, 2017
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By:
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/s/
David Strickler
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Name: David Strickler
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Title: Chief Operating Officer
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