---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-027501"
form_type: "8-K"
ticker: "IONI"
cik: "0001580490"
company_name: "I-ON Digital Corp."
filed_at: "2026-06-05T20:30:45+00:00"
generated_at: "2026-06-05T20:41:07.017018+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# I-ON Digital acquires rights to 21 BLM gold mining claims via assignment from CEO's entity

## Summary
- Assignment agreement with Tall Ship (owned by CEO) transfers Purchase Agreement rights for 21 BLM mining claims in southwestern US.
- Purchase price $25M; initial escrow deposit $500k; phased transfer of 11 claims at initial closing, 10 after fourth installment.
- In situ gold reserves estimated at 1-1.5M ounces; project also includes PGMs, rare earth elements.
- Company assumes all obligations under Purchase Agreement; no consideration paid to Tall Ship for assignment.
- Closing and digitization of claims targeted for Q3 2026; financing secured via cash, seller finance, IONau, and I-ON common stock.

## SEC filing metadata
- accession: 0001493152-26-027501
- form_type: 8-K
- ticker: IONI
- cik: 0001580490
- company_name: I-ON Digital Corp.
- filed_at: 2026-06-05T20:30:45+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580490/000149315226027501/0001493152-26-027501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580490/000149315226027501/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-027501
- JSON: https://secwatch.observer/filing/0001493152-26-027501.json
- Plain text: https://secwatch.observer/filing/0001493152-26-027501.txt

## Key facts
- Material Agreements
  I-ON Digital Corp. entered into Assignment of Mineral Property Purchase Agreement with Tall Ship Resource Development LLC (effective 2026-06-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Tall Ship Resource Development LLC
  - Effective: 2026-06-01
  source text: On June 1, 2026 (the “Assignment Effective Date”), I-ON Digital Corp., a Delaware corporation (the “Company”), entered into an Assignment of Mineral Property Purchase Agreement (the “Assignment Agreement”) with Tall Ship Resource Development LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000149315226027501/0001493152-26-027501-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.