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<title> Form 8K - Issuance of 6% Convertible Debentures and Warrants </title>


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  <p class=MsoNormal align=center style='text-align:center'><b>&nbsp;UNITED STATES<br>
  SECURITIES AND EXCHANGE COMMISSION</b><b><br>
  Washington, DC 20549<br>
  <br>
  <br>
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  <p class=MsoNormal align=center style='text-align:center'><b><br>
  </b><b>FORM 8&#8209;K<br>
  <br>
  </b></p>
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  <p class=MsoNormal align=center style='text-align:center'><b><br>
  CURRENT REPORT Pursuant<br>
  to Section 13 or 15(d) of the<br>
  Securities Exchange Act of 1934<br>
  <br>
  </b></p>
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  Date of report (Date of earliest event reported):&nbsp; <b>August 21, 2009<br>
  <br>
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  <p class=MsoNormal align=center style='text-align:center'><b>TOR Minerals International,
  Inc.</b><b><br>
  </b>(Exact Name of Registrant as
  Specified in Its Charter)<br>
  <br>
  <br>
  </p>
  <p class=MsoNormal align=center style='text-align:center'><b>Delaware<br>
  </b>(State or
  Other Jurisdiction of Incorporation)<br>
  <br>
  </p>

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  <p class=MsoNormal align=center style='text-align:center'><b>0-17321<br>
  </b>(Commission
  File Number)<br>
  <br>
  <b>722 Burleson
  Street<br>
  Corpus Christi, Texas<br>
  </b>(Address of
  Principal Executive Offices)<br>
  <br>
  </p>
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  <p class=MsoNormal align=center style='text-align:center'><b>74-2081929<br>
  </b>(IRS Employer
  Identification No.)<br>
  <br>
  <b><br>
  78402<br>
  </b>(Zip Code)<br>
  <br>
  </p>
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  <p class=MsoNormal align=center style='text-align:center'><b>(361) 883-5591<br>
  </b>(Registrant's Telephone Number, Including Area Code)<br>
  <br>
  <b>N/A<br>
  </b>(Former Name
  or Former Address, if Changed Since Last Report)</p>

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  <p class=MsoNormal style='line-height:13.0pt'>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 (<i>see </i>General Instruction A.2.
  below):<br>
  <br>
  </p>

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  <p class=MsoNormal style='line-height:13.0pt'>Written communications pursuant to Rule 425 under the
  Securities Act (17 CFR 230.425)</p>
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  <p class=MsoNormal style='line-height:13.0pt'>Soliciting material pursuant to Rule 14a-12 under the
  Exchange Act (17 CFR 240.14a-12)</p>
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  <p class=MsoNormal style='line-height:13.0pt'>Pre-commencement communications pursuant to Rule
  14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>
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  <td width="94%" valign=top style='width:94.08%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='line-height:13.0pt'>Pre-commencement communications pursuant to Rule
  13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>
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<p class=MsoNormal><b>ITEM 1.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>ENTRY
INTO A MATERIAL DEFINITIVE AGREEMENT</u>.</b></p>



<p class=MsoNormal style='text-align:justify'><b><u>Issuance of Convertible Subordinated Debentures</u></b>:</p>



<p class=MsoNormal style='text-align:justify'>Effective
August 21, 2009, the Company accepted subscription agreements pursuant to which
it sold Units (the &quot;Units&quot;) to certain of its related parties and non-related
parties, each Unit consisting of an aggregate principal amount of $25,000 of
its six-percent (6%) Convertible Subordinated Debentures due May 4, 2016 (the
&quot;Debentures&quot;). The Company received gross proceeds of $500,000 from its sale of
the Units.&nbsp; The subscribers submitted the subscription agreements to the
Company in May and June 2009, and the Company held the proceeds in restricted
cash subject to stockholder approval and the Company's acceptance of the
subscription agreements following stockholder approval.&nbsp; The Debentures are
subordinated in right of payment to the prior payment of the Company's
indebtedness due to Bank of America and are expected to become subject to a
subordination agreement to be entered into among the Bank, the subscribers and
the Company.</p>



<p class=MsoNormal style='text-align:justify'>The
Debentures comprising a Unit are convertible into 47,170 shares (the &quot;Debenture
Shares&quot;) of the Company's common stock, par value $0.25 per share (the &quot;Common
Stock&quot;), subject to adjustments for certain events, at an initial conversion
price of $0.53 per share.&nbsp; The closing bid price of the Common Stock on the
NASDAQ Capital Market on the trading day immediately preceding the date of the
Debentures was $0.56 per share.</p>



<p class=MsoNormal style='text-align:justify'>In
addition, the Company also issued to each subscriber of a Unit warrants (the
&quot;Warrants&quot; and together with the Debentures, the &quot;Securities&quot;) to purchase
47,170 shares of Common Stock.&nbsp; The Warrants may be exercised in whole or in
part at any time or from time to time on or before the seven year anniversary
of the date hereof, unless otherwise extended.&nbsp; The initial exercise price of
the Warrants is $0.53.</p>



<p class=MsoNormal style='text-align:justify'>The
Securities were issued to the following:</p>



<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-bottom:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
10 Units - Issued to X-L
Investments for an aggregate purchase price of $250,000;</p>

<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-top:0; margin-bottom:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
6 Units - Issued to Five Star
Investments for an aggregate purchase price of $150,000;</p>

<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-top:0; margin-bottom:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1 Unit - Issued to the Company's
Director, Thomas Pauken, for an aggregate purchase price of $25,000;</p>

<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-top:0; margin-bottom:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1 Unit - Issued to Ida Pauken,
spouse of the Company's Director, Thomas Pauken, for an aggregate purchase
price of $25,000;</p>

<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-top:0; margin-bottom:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1 Unit - Issued to William
Solemene for an aggregate purchase price of $25,000; and</p>

<p class=MsoNormal style='margin-left:27.0pt;text-align:justify;text-indent:
-.25in; margin-top:0'>&#149;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1 Unit - Issued to Stanley F.
Bedell for an aggregate purchase price of $25,000.</p>



<p class=MsoNormal style='text-align:justify'>X-L
Investments and Five Star Investments are affiliates of Mark Graber, a greater
than 5% stockholder of the Company.</p>



<p class=MsoNormal style='text-align:justify'>The
Company will pay interest on the Debentures at the per annum rate of 6%, which
will be paid quarterly.&nbsp; The Company will make annual payments of principal
beginning May 4, 2012 in the amount of one-sixteenth of the original principal
amount of the Debentures, with the remaining outstanding principal balance and
all accrued and unpaid interest to be paid on May 4, 2016, the maturity date of
the Debentures.&nbsp; The Company may prepay the Debentures, in whole or in part,
upon 30 days prior notice to the holders thereof if certain conditions are
satisfied.</p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>ITEM 2.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>CREATION OF A DIRECT
FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF
A REGISTRANT</u>.</b></p>



<p class=MsoNormal style='text-align:justify'>See
our discussion in Item 1.01 with respect to the Company's issuance of the Debentures,
which is incorporated herein by reference.</p>

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<p class=MsoNormal style='text-align:justify'><b>ITEM
3.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>UNREGISTERED SALES OF EQUITY SECURITIES.</u></b></p>



<p class=MsoNormal style='text-align:justify'>See
our discussion in Item 1.01 with respect to the Company's issuance of the Debentures
and the Warrants, which is incorporated herein by reference. &nbsp;No underwriters were involved in the foregoing offers
and sales of securities. These offers and sales were made in reliance upon an
exemption from the registration provisions of the Securities Act of 1933, as
amended (the &quot;Securities Act&quot;), set forth in Section 4(2) under the Securities
Act. The offers and sales were made only to &quot;accredited investors&quot; as such term
is defined in Regulation D under the Securities Act with whom we had previous
relationships, and we did not partake in any general solicitation or
advertisement. All of the foregoing securities sold in the private placement
are deemed restricted securities for purposes of the Security Act.</p>



<p class=MsoNormal style='text-align:justify'><b>ITEM 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>FINANCIAL STATEMENTS AND
EXHIBITS</u></b></p>



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  <p class=MsoNormal align=right style='text-align:right'>(a)</p>
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  <td width="91%" colspan=3 valign=top style='width:91.24%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Financial
  Statements of Businesses Acquired.<br>
  Not applicable.</p>
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  <p class=MsoNormal align=right style='text-align:right'>(b)</p>
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  <p class=MsoNormal>Pro
  Forma Financial Information.<br>
  Not applicable.</p>
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  <p class=MsoNormal align=right style='text-align:right'>(c)</p>
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  <p class=MsoNormal>Shell company transaction<br>
  Not applicable</p>
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  <p class=MsoNormal align=right style='text-align:right'>(d)</p>
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  <td width="91%" colspan=3 valign=top style='width:91.24%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Exhibits.<br>
  The following exhibit is furnished in accordance with the provisions of Item
  601 of Regulation S-B:</p>
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  </td>
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  <p class=MsoNormal>Exhibit<br>
  <u>Number</u></p>
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  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><br>
  <u>Description</u></p>
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  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.1</p>
  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Subscription
  Agreement, dated as of August 21, 2009, between TOR Minerals International,
  Inc. and Thomas Pauken</p>
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  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.1.1</p>
  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.1</p>
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  <td width="8%" valign=top style='width:8.76%;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.2</p>
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  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>6%
  Convertible Subordinated Debenture due May 4, 2016, dated as of August 21,
  2009, by TOR Minerals International, Inc. in favor of Thomas Pauken</p>
  </td>
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  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.2.1</p>
  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.2</p>
  </td>
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  <td width="8%" valign=top style='width:8.76%;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.3</p>
  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Warrant,
  dated as of August 21, 2009, by TOR Minerals International, Inc. in favor of
  Thomas Pauken</p>
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  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.3.1</p>
  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.3</p>
  </td>
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  <td width="8%" valign=top style='width:8.76%;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width="14%" valign=top style='width:14.94%;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width="76%" colspan=2 valign=top style='width:76.3%;padding:0in 5.4pt 0in 5.4pt'>

  </td>
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  </td>
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  <p class=MsoNormal align=center style='text-align:center'><b>SIGNATURES</b></p>
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  <p class=MsoNormal>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>
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  </td>
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  <p class=MsoNormal align=center style='text-align:center'>TOR MINERALS INTERNATIONAL, INC.<br>
  <b>_____________________<br>
  </b>(Registrant)</p>
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  </td>
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  </td>
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  </td>
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  <p class=MsoNormal>Date:&nbsp; August 26, 2009</p>
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  <td width="65%" valign=top style='width:65.6%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'><b><u>/s/ BARBARA RUSSELL</u></b></p>
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  </td>
  <td width="65%" valign=top style='width:65.6%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>Barbara Russell<br>
  Acting Chief Financial Officer</p>
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  <p class=MsoFooter align=center style='text-align:center'>3</p>
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<p class=MsoNormal align=center style='text-align:center'><b>EXHIBIT INDEX</b></p>



<div align=center>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
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  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><b>Exhibit No.</b></p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><b>Description</b></p>
  <p class=MsoNormal align=center style='text-align:center'><b>&nbsp;</b></p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.1</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Subscription
  Agreement, dated as of August 21, 2009, between TOR Minerals International,
  Inc. and Thomas Pauken</p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.1.1</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.1</p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.2</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>6%
  Convertible Subordinated Debenture due May 4, 2016, dated as of August 21,
  2009, by TOR Minerals International, Inc. in favor of Thomas Pauken</p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.2.1</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.2</p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.3</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Warrant,
  dated as of August 21, 2009, by TOR Minerals International, Inc. in favor of
  Thomas Pauken</p>
  </td>
 </tr>
 <tr>
  <td width="16%" valign=top style='width:16.16%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>10.3.1</p>
  </td>
  <td width="83%" valign=top style='width:83.84%;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Schedule identifying
  substantially identical agreements to Exhibit 10.3</p>
  </td>
 </tr>
</table>

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  <p class=MsoFooter align=center style='text-align:center'>4</p>
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{"company-data": {"conformed-name": "TOR MINERALS INTERNATIONAL INC", "cik": "0000842295", "assigned-sic": "2810", "irs-number": "742081929", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-17321", "film-number": "091035456"}, "business-address": {"street1": "722 BURLESON", "city": "CORPUS CHRISTI", "state": "TX", "zip": "78402", "phone": "3618825175"}, "mail-address": {"street1": "722 BURLESON", "city": "CORPUS CHRISTI", "state": "TX", "zip": "78402"}, "former-company": {"former-conformed-name": "HITOX CORPORATION OF AMERICA", "date-changed": "19920703"}}
Form 8K - Issuance of 6% Convertible Debentures and Warrants
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
August 21, 2009
TOR Minerals International,
  Inc.
(Exact Name of Registrant as
  Specified in Its Charter)
Delaware
(State or
  Other Jurisdiction of Incorporation)
0-17321
(Commission
  File Number)
722 Burleson
  Street
Corpus Christi, Texas
(Address of
  Principal Executive Offices)
74-2081929
(IRS Employer
  Identification No.)
78402
(Zip Code)
(361) 883-5591
(Registrant's Telephone Number, Including Area Code)
N/A
(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 (
see
General Instruction A.2.
  below):
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))
1
ITEM 1.01
ENTRY
INTO A MATERIAL DEFINITIVE AGREEMENT
.
Issuance of Convertible Subordinated Debentures
:
Effective
August 21, 2009, the Company accepted subscription agreements pursuant to which
it sold Units (the "Units") to certain of its related parties and non-related
parties, each Unit consisting of an aggregate principal amount of $25,000 of
its six-percent (6%) Convertible Subordinated Debentures due May 4, 2016 (the
"Debentures"). The Company received gross proceeds of $500,000 from its sale of
the Units.  The subscribers submitted the subscription agreements to the
Company in May and June 2009, and the Company held the proceeds in restricted
cash subject to stockholder approval and the Company's acceptance of the
subscription agreements following stockholder approval.  The Debentures are
subordinated in right of payment to the prior payment of the Company's
indebtedness due to Bank of America and are expected to become subject to a
subordination agreement to be entered into among the Bank, the subscribers and
the Company.
The
Debentures comprising a Unit are convertible into 47,170 shares (the "Debenture
Shares") of the Company's common stock, par value $0.25 per share (the "Common
Stock"), subject to adjustments for certain events, at an initial conversion
price of $0.53 per share.  The closing bid price of the Common Stock on the
NASDAQ Capital Market on the trading day immediately preceding the date of the
Debentures was $0.56 per share.
In
addition, the Company also issued to each subscriber of a Unit warrants (the
"Warrants" and together with the Debentures, the "Securities") to purchase
47,170 shares of Common Stock.  The Warrants may be exercised in whole or in
part at any time or from time to time on or before the seven year anniversary
of the date hereof, unless otherwise extended.  The initial exercise price of
the Warrants is $0.53.
The
Securities were issued to the following:
•        
10 Units - Issued to X-L
Investments for an aggregate purchase price of $250,000;
•        
6 Units - Issued to Five Star
Investments for an aggregate purchase price of $150,000;
•        
1 Unit - Issued to the Company's
Director, Thomas Pauken, for an aggregate purchase price of $25,000;
•        
1 Unit - Issued to Ida Pauken,
spouse of the Company's Director, Thomas Pauken, for an aggregate purchase
price of $25,000;
•        
1 Unit - Issued to William
Solemene for an aggregate purchase price of $25,000; and
•        
1 Unit - Issued to Stanley F.
Bedell for an aggregate purchase price of $25,000.
X-L
Investments and Five Star Investments are affiliates of Mark Graber, a greater
than 5% stockholder of the Company.
The
Company will pay interest on the Debentures at the per annum rate of 6%, which
will be paid quarterly.  The Company will make annual payments of principal
beginning May 4, 2012 in the amount of one-sixteenth of the original principal
amount of the Debentures, with the remaining outstanding principal balance and
all accrued and unpaid interest to be paid on May 4, 2016, the maturity date of
the Debentures.  The Company may prepay the Debentures, in whole or in part,
upon 30 days prior notice to the holders thereof if certain conditions are
satisfied.
ITEM 2.03
CREATION OF A DIRECT
FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF
A REGISTRANT
.
See
our discussion in Item 1.01 with respect to the Company's issuance of the Debentures,
which is incorporated herein by reference.
2
ITEM
3.02
UNREGISTERED SALES OF EQUITY SECURITIES.
See
our discussion in Item 1.01 with respect to the Company's issuance of the Debentures
and the Warrants, which is incorporated herein by reference.  No underwriters were involved in the foregoing offers
and sales of securities. These offers and sales were made in reliance upon an
exemption from the registration provisions of the Securities Act of 1933, as
amended (the "Securities Act"), set forth in Section 4(2) under the Securities
Act. The offers and sales were made only to "accredited investors" as such term
is defined in Regulation D under the Securities Act with whom we had previous
relationships, and we did not partake in any general solicitation or
advertisement. All of the foregoing securities sold in the private placement
are deemed restricted securities for purposes of the Security Act.
ITEM 9.01
FINANCIAL STATEMENTS AND
EXHIBITS
(a)
Financial
  Statements of Businesses Acquired.
Not applicable.
(b)
Pro
  Forma Financial Information.
Not applicable.
(c)
Shell company transaction
Not applicable
(d)
Exhibits.
The following exhibit is furnished in accordance with the provisions of Item
  601 of Regulation S-B:
Exhibit
Number
Description
10.1
Subscription
  Agreement, dated as of August 21, 2009, between TOR Minerals International,
  Inc. and Thomas Pauken
10.1.1
Schedule identifying
  substantially identical agreements to Exhibit 10.1
10.2
6%
  Convertible Subordinated Debenture due May 4, 2016, dated as of August 21,
  2009, by TOR Minerals International, Inc. in favor of Thomas Pauken
10.2.1
Schedule identifying
  substantially identical agreements to Exhibit 10.2
10.3
Warrant,
  dated as of August 21, 2009, by TOR Minerals International, Inc. in favor of
  Thomas Pauken
10.3.1
Schedule identifying
  substantially identical agreements to Exhibit 10.3
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.
TOR MINERALS INTERNATIONAL, INC.
_____________________
(Registrant)
Date:  August 26, 2009
/s/ BARBARA RUSSELL
Barbara Russell
Acting Chief Financial Officer
3
EXHIBIT INDEX
Exhibit No.
Description
10.1
Subscription
  Agreement, dated as of August 21, 2009, between TOR Minerals International,
  Inc. and Thomas Pauken
10.1.1
Schedule identifying
  substantially identical agreements to Exhibit 10.1
10.2
6%
  Convertible Subordinated Debenture due May 4, 2016, dated as of August 21,
  2009, by TOR Minerals International, Inc. in favor of Thomas Pauken
10.2.1
Schedule identifying
  substantially identical agreements to Exhibit 10.2
10.3
Warrant,
  dated as of August 21, 2009, by TOR Minerals International, Inc. in favor of
  Thomas Pauken
10.3.1
Schedule identifying
  substantially identical agreements to Exhibit 10.3
4