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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WASHINGTON, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CURRENT REPORT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PURSUANT TO SECTION 13 OR 15(d) OF THE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date of report (Date of earliest event reported): <B>April 18,
2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps"><B>Independence
Resources Plc</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold; text-decoration: underline; text-align: center">England</TD>
    <TD STYLE="width: 33%; padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold; text-decoration: underline; text-align: center">000-14691</TD>
    <TD STYLE="width: 33%; padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold; text-decoration: underline; text-align: center">77-0039728</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: center">(State or Other Jurisdiction of Incorporation)</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: center">Commission File Number</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE ALIGN="CENTER" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 67%; padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold; text-decoration: underline; text-align: center">7 Office Way, Suite 218, Hilton Head, SC</TD>
    <TD STYLE="width: 33%; padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold; text-decoration: underline; text-align: center">29928</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Registrant&rsquo;s telephone number, including area code: <B>(843)&nbsp;715-9504
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">[ ]&#9;Written communications pursuant
to Rule 425 under the Securities Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">[ ]&#9;Soliciting material pursuant
to Rule 14a-12 under the Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">[ ]&#9;Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">[ ]&#9;Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -1in"><B>Item 1.01&#9;Entry into a Material
Definitive Agreement.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 18, 2012, we entered into a Membership
Purchase Agreement dated April 18, 2012, by which we purchased 70% of the ownership interest of Coeur d&rsquo;Alene Mine Contracting
LLC, a Delaware limited liability company (the &ldquo;LLC&rdquo;). These ownership interests in the LLC were acquired in equal
proportions from Jeff Lambert and Steve Ivie, the sole members of the LLC. The purchase price for the 70% interest in the LLC was
$200,000 and 2,000,000 ordinary shares divided equally between Messrs. Lambert and Ivie. In addition, we agreed that not later
than May 1, 2012, we would loan $100,000 to the LLC for operating funds. The loan will be evidenced by a promissory note bearing
interest at 4% per annum and will be secured by all of the assets of the LLC. The promissory note will be due and payable on or
before May 1, 2020. As a result of this transaction, the LLC is a majority owned subsidiary of our company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Also in connection with the transaction,
we entered into three-year full-time employment agreements with Messrs. Lambert and Ivie and appointed each as a Vice-President
of Investor Relations for our company. As such they will also manage the business operations of the LLC. Unless otherwise terminated
by one of the parties, each employment agreement will automatically extend for an unlimited number of one-year terms. The base
salary for each of the employment agreements is $120,000. The employment agreements may be terminated at any time for cause and
we may terminate either agreement without cause upon 90 days&rsquo; notice, in which event we are obligated to pay a severance
benefit in an amount equal to two times the largest annual base salary received by the employee under the employment agreement
if such termination occurs on or before one year from the agreement&rsquo;s effective date, and one times the largest annual base
salary if such termination occurs thereafter. Either employee may terminate his agreement at any time upon 15 days&rsquo; notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The LLC is a newly formed entity which
has not commenced principal operations or produced any revenues and has no material assets. It proposes to engage in contract mining
activities for third parties and for our mining projects. Management of the LLC is currently engaged in negotiations to provide
contract mining services for third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The ordinary shares issued to Messrs. Lambert
and Ivie were not and will not be registered under the Securities Act and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in"><B>Item 2.01&#9;Completion
of Acquisition or Disposition of Assets.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The information in response to Item 1.01
above in regard to the acquisition of the 70% interest in the LLC is incorporated into this item.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 23, 2012, we acquired 42 unpatented
mining claims from Coeur d&rsquo;Alene Contract Mining L<FONT STYLE="text-transform: uppercase">LC</FONT>, an Idaho limited liability
company owned by Messrs. Lambert and Ivie. The purchase price was $100. The claims are located in Lemhi County, Idaho, and are
currently in exploratory stage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in"><B>Item 3.02&#9;Unregistered
Sales of Equity Securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 23, 2012, in connection with the
transaction described in Item 1.01 above, we issued 1,000,000 ordinary shares each to Messrs. Lambert and Ivie. We also issued
200,000 shares to Kurt Hoffman for consulting services provided to us and the LLC. These shares were issued without registration
under the Securities Act by reason of the exemption from registration afforded by the provisions of Section 4(5) and/or Section
4(2) thereof, and Rule 506 promulgated thereunder, as a transaction by an issuer not involving any public offering. Each of the
parties was an accredited investor as defined in Regulation D. Each party delivered appropriate investment representations with
respect to these issuances and consented to the imposition of restrictive legends upon the stock certificates representing the
shares. Each party was afforded the opportunity to ask questions of our management and to receive answers concerning the terms
and conditions of the transaction. No underwriting discounts or commissions were paid in connection with this transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in"><B>Item 5.02&#9;Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 23, 2012, Donna Street accepted
appointment as Chief Financial Officer (&ldquo;CFO&rdquo;) of the Company. Simultaneously with Ms. Street&rsquo;s appointment,
Howard Crosby resigned from his position as CFO of the Company. Mr. Crosby, who has served as a director and President of the Company
since March 10, 2010, will remain a director and President of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There are no arrangements or understandings
between Ms. Street and any other persons pursuant to which Ms. Street was named as CFO of the Company. She will receive a salary
of $120,000 per year for her services as CFO plus health insurance benefits. She estimates that approximately 85% of her time will
be devoted to her role as CFO of the Company. Ms. Street does not have a family relationship with any of the Company&rsquo;s directors
or executive officers or any persons nominated or chosen by the Company to be a director or executive officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ms. Street became an employee of the Company
in June 2010 and has acted as controller for the Company until her acceptance of appointment as CFO. In 2010, the Company paid
Ms. Street $12,000 in consulting fees and $30,000 in employment salary. For 2011 the Company paid Ms. Street $90,000 in employment
salary. From the beginning of 2012 until the present date, the Company has paid Ms. Street $36,900 in employment salary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in"><B>Item 9.01&#9;Financial
Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 13%; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-decoration: underline; text-align: justify">Exhibit No.</TD>
    <TD STYLE="width: 3%; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 84%; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-decoration: underline; text-align: justify">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: justify">2.1</TD>
    <TD STYLE="padding-top: 6pt; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-top: 6pt; padding-right: 0; padding-left: 0; layout-grid-mode: line; text-align: justify">Membership Purchase Agreement dated April 18, 2012</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; font-weight: bold">Independence Resources PLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 5%; padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 45%; padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">Date:&nbsp; April 24, 2012</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">By</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line; border-bottom: Black 1pt solid">/s/ John P. Ryan</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-left: 0; layout-grid-mode: line">John P. Ryan, Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

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[{"type": "8-K", "sequence": "1", "filename": "v310424_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 20627}]
{"company-data": {"conformed-name": "Independence Resources PLC", "cik": "0000789944", "assigned-sic": "2836", "irs-number": "770039728", "state-of-incorporation": "X0", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-14691", "film-number": "12776664"}, "business-address": {"street1": "23 PALACE STREET", "street2": "LONDON", "city": "UNITED KINGDOM", "state": "X0", "zip": "SW1E 5HW", "phone": "7072263900"}, "mail-address": {"street1": "620 AIRPARK RD", "street2": "LONDON SW1E 5HW", "city": "NAPA", "state": "CA", "zip": "94450"}, "former-company": {"former-conformed-name": "SENETEK PLC /ENG/", "date-changed": "19920703"}}
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
Date of report (Date of earliest event reported):
April 18,
2012
Independence
Resources Plc
(Exact Name of Registrant as Specified in
Charter)
England
000-14691
77-0039728
(State or Other Jurisdiction of Incorporation)
Commission File Number
(IRS Employer Identification No.)
7 Office Way, Suite 218, Hilton Head, SC
29928
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(843) 715-9504
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
[ ]	Soliciting material pursuant
to Rule 14a-12 under the Exchange Act
[ ]	Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act
[ ]	Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01	Entry into a Material
Definitive Agreement.
On April 18, 2012, we entered into a Membership
Purchase Agreement dated April 18, 2012, by which we purchased 70% of the ownership interest of Coeur d'Alene Mine Contracting
LLC, a Delaware limited liability company (the "LLC"). These ownership interests in the LLC were acquired in equal
proportions from Jeff Lambert and Steve Ivie, the sole members of the LLC. The purchase price for the 70% interest in the LLC was
$200,000 and 2,000,000 ordinary shares divided equally between Messrs. Lambert and Ivie. In addition, we agreed that not later
than May 1, 2012, we would loan $100,000 to the LLC for operating funds. The loan will be evidenced by a promissory note bearing
interest at 4% per annum and will be secured by all of the assets of the LLC. The promissory note will be due and payable on or
before May 1, 2020. As a result of this transaction, the LLC is a majority owned subsidiary of our company.
Also in connection with the transaction,
we entered into three-year full-time employment agreements with Messrs. Lambert and Ivie and appointed each as a Vice-President
of Investor Relations for our company. As such they will also manage the business operations of the LLC. Unless otherwise terminated
by one of the parties, each employment agreement will automatically extend for an unlimited number of one-year terms. The base
salary for each of the employment agreements is $120,000. The employment agreements may be terminated at any time for cause and
we may terminate either agreement without cause upon 90 days' notice, in which event we are obligated to pay a severance
benefit in an amount equal to two times the largest annual base salary received by the employee under the employment agreement
if such termination occurs on or before one year from the agreement's effective date, and one times the largest annual base
salary if such termination occurs thereafter. Either employee may terminate his agreement at any time upon 15 days' notice.
2
The LLC is a newly formed entity which
has not commenced principal operations or produced any revenues and has no material assets. It proposes to engage in contract mining
activities for third parties and for our mining projects. Management of the LLC is currently engaged in negotiations to provide
contract mining services for third parties.
The ordinary shares issued to Messrs. Lambert
and Ivie were not and will not be registered under the Securities Act and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
Item 2.01	Completion
of Acquisition or Disposition of Assets.
The information in response to Item 1.01
above in regard to the acquisition of the 70% interest in the LLC is incorporated into this item.
On April 23, 2012, we acquired 42 unpatented
mining claims from Coeur d'Alene Contract Mining L
LC
, an Idaho limited liability
company owned by Messrs. Lambert and Ivie. The purchase price was $100. The claims are located in Lemhi County, Idaho, and are
currently in exploratory stage.
Item 3.02	Unregistered
Sales of Equity Securities.
On April 23, 2012, in connection with the
transaction described in Item 1.01 above, we issued 1,000,000 ordinary shares each to Messrs. Lambert and Ivie. We also issued
200,000 shares to Kurt Hoffman for consulting services provided to us and the LLC. These shares were issued without registration
under the Securities Act by reason of the exemption from registration afforded by the provisions of Section 4(5) and/or Section
4(2) thereof, and Rule 506 promulgated thereunder, as a transaction by an issuer not involving any public offering. Each of the
parties was an accredited investor as defined in Regulation D. Each party delivered appropriate investment representations with
respect to these issuances and consented to the imposition of restrictive legends upon the stock certificates representing the
shares. Each party was afforded the opportunity to ask questions of our management and to receive answers concerning the terms
and conditions of the transaction. No underwriting discounts or commissions were paid in connection with this transaction.
Item 5.02	Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 23, 2012, Donna Street accepted
appointment as Chief Financial Officer ("CFO") of the Company. Simultaneously with Ms. Street's appointment,
Howard Crosby resigned from his position as CFO of the Company. Mr. Crosby, who has served as a director and President of the Company
since March 10, 2010, will remain a director and President of the Company.
There are no arrangements or understandings
between Ms. Street and any other persons pursuant to which Ms. Street was named as CFO of the Company. She will receive a salary
of $120,000 per year for her services as CFO plus health insurance benefits. She estimates that approximately 85% of her time will
be devoted to her role as CFO of the Company. Ms. Street does not have a family relationship with any of the Company's directors
or executive officers or any persons nominated or chosen by the Company to be a director or executive officer.
Ms. Street became an employee of the Company
in June 2010 and has acted as controller for the Company until her acceptance of appointment as CFO. In 2010, the Company paid
Ms. Street $12,000 in consulting fees and $30,000 in employment salary. For 2011 the Company paid Ms. Street $90,000 in employment
salary. From the beginning of 2012 until the present date, the Company has paid Ms. Street $36,900 in employment salary.
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Item 9.01	Financial
Statements and Exhibits.
Exhibit No.
Description
2.1
Membership Purchase Agreement dated April 18, 2012
SIGNATURES
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.
Independence Resources PLC
Date:  April 24, 2012
By
/s/ John P. Ryan
John P. Ryan, Chief Executive Officer
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