Item 8.01. Other Events.

On July 16, 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 1,500 kilograms of 99.998% 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 1,500 kilograms of indium (or indium equivalent) on a certain date and at a fixed price, with such price being an undisclosed discount per kilogram from the price the Company originally sold the indium to the same buyer. The gain from this lending transaction will be used to offset operating expenses. 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.