Item 8.01. Other Events

On October 2, 2007, International Gold Resources, Inc. (the "Company") (Pink Sheets: IGRU), a Delaware Corporation, sold 10,000,000 unregistered shares of Common Stock in a private placement to multiple accredited investors at $0.25 per share of Common Stock or $2,500,000 in the aggregate. No underwriting discounts or commissions were paid in connection with these transactions. The Company issued the foregoing securities in reliance on Section 4(2) of the Securities Act of 1933, as amended, and/or Regulation D promulgated thereunder, based on the identity and number of investors.