secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001052918-21-000388
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Jersey Mining closes $600K private placement at $0.40/unit with one investor
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- Raised $600,000 from one investor through sale of 1,500,000 units at $0.40/unit, each unit one share and one-half warrant.
- Warrants exercisable at $0.50/share for 2 years; total of 750,000 warrants issued.
- Proceeds to build inventory redundancy for mill/mine operations and support REE project advancement.
- Company added Purchasing/Inventory Manager role to manage scaling operations as it transitions to next level.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000105291821000388/0001052918-21-000388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000105291821000388/njmc8knov16-21.htm
  HTML page:      https://secwatch.observer/filing/0001052918-21-000388

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