8-K

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

January 2, 2008

Date of Report

(Date of Earliest Event Reported)

Nilam Resources Inc.

(Exact Name of Registrant as Specified in its Charter)

Nevada	333-135980	98-0487414
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation)	File Number)	Identification No.)

42 Camden Street, Suite 503, Toronto, Ontario	M5V 1V1
(Address of principal executive offices)	(Zip Code)

1-416-823-0915  (Registrant's telephone number, including area code)

N/A

 (Former name and 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))

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

On January 2, 2008, Nilam Resources, Inc. (the “Company”), in reliance upon Regulation S under the Securities Act of 1933, as amended, arranged the sale of 323,727 units at $.50 per unit for gross proceeds of $270,000.  Each unit consists of one share of Common Stock and one Warrant to purchase a share of Common Stock at an exercise price of $.60 for 24 months.  The stock was purchased by individuals who are directors and associates of the company.

The Company intends to use the proceeds from this Regulation S offering to finance its planned acquisition of mining assets in Peru and for working capital.

ITEM 7.01 REGULATION FD DISCLOSURE

The Company issued a press release in connection with the issuance of Units consisting of the common stock and warrants described in Item 3.02 of this Form 8-K, a copy of which is attached hereto as Exhibit 99.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

             (a) Financial Statements of Business Acquired.

             Not Applicable

             (b) Pro Forma Financial Information

             Not Applicable

             (c) Exhibits.

            99 Press Release dated January 2, 2008.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this current report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 4, 2008	Nilam Resources, Inc.
	By:	/s/ Vare Grewal
		Mr. Vare Grewal, Director
		Secretary, Treasurer

EX-99

Exhibit 99

Nilam Resources Inc. Announces Completion of $270,000 Private Placement Wednesday January 2, 9:59 pm ET

TORONTO, ONTARIO--(MARKET WIRE)--Jan 2, 2008 -- Nilam Resources Inc. (OTC BB:NILR.OB - News)(Frankfurt:3NL.F - News) announced today that it has completed a capital raising of USD $270,000 among directors and associates of the company.

Nilam Resources Inc. has completed a non-brokered private placement of 323,727 units at a price of $.50 cents US per unit for total gross proceeds of up to $270,000. The units consist of one common share and one full share purchase warrant, with each warrant exercisable at $.60 for another 24 months from the closing date of the private placement. The shares of common stock included in the units as well as the common shares underlying the Warrants are "restricted securities" as that term is defined in Rule 144 of the Securities Act of 1933 and the units were sold pursuant to an exemption from registration requirements provided by Regulation S.

Proceeds from the private placement will be used to advance the companies properties in Peru and to actively seek a major acquisition of a production property. The funds will also be used for general working capital.

About Nilam Resources Inc.

Nilam Resources Inc was established to focus on Peru's fast growing precious and base metals reserves, to become one of Peru's largest foreign metal producers. Nilam Resources is actively seeking more properties for its land portfolio in Peru and other countries in South America. Nilam resource plans on becoming a major production company through acquiring additional producing mines and through a series of joint ventures. The companies long standing relationships within Peru has allowed the company many opportunities to some of the most sought after properties in the country which allows Nilam Resources Inc. first right of refusal on exceptional projects.

Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.