UNITED
STATES
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
|
February 16, 2010
|
|
Date
of Report (Date of earliest event
reported):
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|
NEW FRONTIER ENERGY, INC
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|
(Exact
name of registrant as specified in
charter)
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Colorado
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0-50472
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84-1530098
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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1801
Broadway, Suite 920
Denver, CO 80202
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|
(Address
of principal executive offices)
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(303)
730-9994
Registrant's
telephone number, including area code
Not
Applicable.
(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:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item 3.02 Unregistered Sales of Equity
Securities
On February 16, 2010,
New Frontier Energy , Inc. held a closing on the sale (the "Offering") to Iris
Energy Holdings Limited ("Iris Energy") of an aggregate of 8,000,000 shares of
the Company's $0.001 par value Common Stock sold a price of $0.10 per share (The
"Common Stock") for gross proceeds of $800,000. Isis Energy is an
affiliate of the Company whose sole director is Samyak Veera, a director of the
Company.
The Common Stock was
offered and sold in reliance upon Rule 506 promulgated under Section 4(2) of the
Securities Act of 1933, as amended. The Common Stock sold in the Offering
have not been registered under the Securities Act or state securities laws and
may not be offered or sold absent registration with the SEC or an applicable
exemption from the registration requirements.
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.
| NEW FRONTIER ENERGY, INC. | |||
|
Date:
February 24, 2010
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By:
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/s/ Samyak Veera | |
| Samyak Veera, Chairman of the Board | |||