secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001052918-21-000406
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Jersey Mining completes 1-for-14 reverse stock split and name change to Idaho Strategic Resources
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- Reverse stock split at 1-for-14 ratio effective December 6, 2021; shares reduced from ~150.6M to ~10.7M.
- Name changed to Idaho Strategic Resources, Inc.; will trade on OTCQB under NJMCD for 20 days then revert to NJMC.
- CEO John Swallow states next steps include up-listing to NYSE American and pursuing rare earth element opportunities.
- No fractional shares; any fractional interest will be rounded up to the nearest whole share.
- Shareholders holding through brokers have shares automatically adjusted; no action required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000105291821000406/0001052918-21-000406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000105291821000406/njmc8kdec7-21.htm
  HTML page:      https://secwatch.observer/filing/0001052918-21-000406

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer