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

Date of Report: ~~August~~February 2821, ~~2012~~2013

(Date of earliest event reported)

International Silver, Inc.

(Exact name of registrant as specified in its charter)

AZ		333-147712		86-0715596
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

5210 E. Williams Circle, Suite 700		85711
(Address of principal executive offices)		(Zip Code)

520-889-2040

(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))

International Silver is referred to herein as “we”, “our” or “us.

Item 1.01 Entry into a Material Definitive Agreement

OnTucson, ~~August~~Arizona, 28February 22, ~~2012~~2013 (BUSINESS WIRE) -- International Silver, weInc. ~~completed~~(OTCQB:ISLV) an(“International ~~agreement~~Silver”) ~~with~~today ~~our~~announced ~~Chief~~it ~~Executive~~has ~~Officer,~~signed ~~Harold~~a R.2nd ~~Shipes,~~Amendment to ~~convert~~its ~~$54~~February 6,~~290~~ of2012 ~~outstanding~~Convertible ~~debt~~Note ~~reflecting~~Purchase ~~unpaid~~Agreement ~~payroll~~(the”Note”) ~~obligations~~with toISLV ~~Mr.~~Partners, ~~Shipes~~LLC (“~~Outstanding~~ISLV ~~Debt Amount~~Partners”) ~~into~~for ~~271,452~~additional ~~shares~~gross proceeds of ~~our~~approximately ~~common~~$2,200,000. Under ~~stock~~the ~~(“Share~~terms ~~Payment”);~~of ~~and~~the ~~(b)~~2nd ~~271~~Amendment,~~452~~ ~~warrants~~ISLV ~~(“Warrant~~Partners ~~Payment”)~~loaned inan ~~lieu~~initial amount of $1,000,000 and shall have the ~~Outstanding~~right ~~Debt~~to ~~Amount~~loan an additional amount of up to $1,200,000 by April 15, 2013. The ~~warrants~~Note ~~are~~is ~~exercisable~~convertible into International Silver’s common shares at $0.20 per share. In addition, International Silver issued to ISLV Partners a ~~conversion~~warrant to purchase 5,000,000 additional common stock shares at an exercise price of $0.40 per share, ~~and~~exercisable ~~the~~through ~~Warrant~~February ~~Exercise~~21, ~~Period~~2016. isNet ~~three~~proceeds ~~years~~ from the ~~date~~loan ofwill ~~the~~be ~~Warrant~~used ~~issuances. The~~for ~~agreement~~working iscapital, ~~attached~~exploration ~~hereto~~and ascorporate ~~Exhibit~~development 10purposes.1.

2On February 22, 2013, we issued a press release regarding the 2nd Amendment (attached hereto as Exhibit 99.1)

Item 9.01. Financial Statements and Exhibits

(a) Financial statements:

None

(b) Pro forma financial information:

None

(d) Exhibits

Exhibit No.		Description
10.1		Debt Settlement Agreement
99.1		Press Release dated February 22, 2013

SIGNATURE

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.

	INTERNATIONAL SILVER, INC.
Dated: August 30, 2012	By:	/s/ Matthew Lang
Dated: February 22, 2013	By:	/s/ Harold R. Shipes
		Matthew Lang
		Harold R Shipes
		Secretary
		Chief Executive Officer

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