0001062993-15-000317.txt : 20150126 0001062993-15-000317.hdr.sgml : 20150126 20150126164222 ACCESSION NUMBER: 0001062993-15-000317 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141222 ITEM INFORMATION: Other Events FILED AS OF DATE: 20150126 DATE AS OF CHANGE: 20150126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IRELAND INC. CENTRAL INDEX KEY: 0001166338 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 912147049 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50033 FILM NUMBER: 15548987 BUSINESS ADDRESS: STREET 1: 2360 WEST HORIZON RIDGE PARKWAY STREET 2: SUITE 100 CITY: HENDERSON STATE: NV ZIP: 89052 BUSINESS PHONE: 702-932-0353 MAIL ADDRESS: STREET 1: 2360 WEST HORIZON RIDGE PARKWAY STREET 2: SUITE 100 CITY: HENDERSON STATE: NV ZIP: 89052 FORMER COMPANY: FORMER CONFORMED NAME: MERRITT VENTURES CORP DATE OF NAME CHANGE: 20020131 8-K 1 form8k.htm FORM 8-K Ireland Inc.: Form 8-K - Filed by newsfilecorp.com

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

December 22, 2014
Date of Report (Date of earliest event reported)

IRELAND INC.
(Exact name of registrant as specified in its charter)

NEVADA 000-50033 91-2147049
(State or other jurisdiction of (Commission File (IRS Employer Identification No.)
incorporation) Number)  

2360 West Horizon Ridge Parkway, Suite 100  
Henderson, NV 89052
(Address of principal executive offices) (Zip Code)

(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 8.01 OTHER EVENTS.

Extension to Options Granted to Independent Director

Effective December 22, 2014, the Board of Directors of Ireland Inc. (the “Company”) extended the expiration date of certain non-qualified stock options granted to Mark H. Brennan, an independent director of the Company, to purchase up to 50,000 shares of the Company’s common stock at an exercise price of $0.48 per share (the “Extended Options”). The Extended Options were originally set to expire on December 30, 2014 and have been extended to June 29, 2015. The Extended Options were granted to Mr. Brennan pursuant to the provisions of the Company’s 2007 Stock Incentive Plan.

An amendment to Mr. Brennan’s stock option agreement is attached as an exhibit to this Current Report on Form 8-K.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

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.

    IRELAND INC.
Date:    January 26, 2015    
  By: /s/ Douglas D.G. Birnie
       
    Name: Douglas D.G. Birnie
    Title: Chief Executive Officer

2

 EX-10.1 2 exhibit10-1.htm EXHIBIT 10.1 Ireland Inc.: Exhibit 10.1 - Filed by newsfilecorp.com

AMENDMENT NO. 1 TO
DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENT

THIS AMENDMENT AGREEMENT (this “Agreement”) is made between IRELAND INC., a Nevada corporation (hereinafter referred to as the "Company"), and MARK H. BRENNAN of #1 Isleworth Drive, Henderson, NV 89052 (hereinafter referred to as the “Optionee”), a director of the Company, effective as of the 22nd day of December, 2014.

WHEREAS the Company and the Optionee are parties to that Director Non-Qualified Stock Option Agreement dated effective as of August 11, 2009 (the “2009 Option Agreement”) relating to the grant by the Company to the Optionee of non-qualified options (the “2009 Brennan Options”) to purchase up to 250,000 shares of the Company’s common stock pursuant to the provisions of the Company’s 2007 Stock Incentive Plan (the “2007 Plan”), vesting and expiring as follows:

Number of Options to Vest Vesting Date Expiration Date
50,000 August 11, 2009 August 10, 2014
50,000 December 31, 2009 December 30, 2014
50,000 June 30, 2010 June 29, 2015
50,000 December 31, 2010 December 30, 2015
50,000 June 30, 2011 June 29, 2016
250,000 Total Options Granted  

NOW THEREFORE THIS AGREEMENT WITNESSES THAT for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto mutually covenant and agree as follows:

1.      The 2009 Brennan Options that vested on August 11, 2009, having expired prior to the date of this Agreement, are confirmed as having expired and are no longer exercisable.

2.      The 2009 Option Agreement be amended by extending the expiration date for those 2009 Brennan Options that vested on December 31, 2009, and were scheduled to expire on December 30, 2014, to June 29, 2015.

3.      Except as modified by this Agreement, the 2009 Option Agreement remains in full force and effect in accordance with its terms, and is hereby ratified and confirmed in all respect by the Company and the Optionee.

4.      This Agreement may be executed in two or more counterparts, each of which shall constitute an original, but all of which, when taken together, shall constitute but one instrument, and shall become effective when one or more counterpart have been signed by each party hereto and delivered to the other parties

IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed and delivered as of the day and year first written above.

IRELAND INC.    
by its authorized signatory:   /s/ Mark H. Brennan
    MARK H. BRENNAN (OPTIONEE)
/s/ Douglas D.G. Birnie    
DOUGLAS D.G. BIRNIE, PRESIDENT    
                       Amend No 1 to 2009 Brennan Option Agreement