---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-005273"
form_type: "8-K/A"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2022-04-22T23:59:59+00:00"
generated_at: "2026-06-26T05:14:57.600666+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Resources raises $2.7M via private placement at $7.50/share

## Summary
- Total of 360,134 restricted common shares sold at $7.50 each for $2,701,000 in a non-brokered private placement.
- Proceeds will double the rare earth element drill program and fund Klondike area underground mine development.
- Management expects Klondike to roughly double production from the Golden Chest Mine once fully completed.
- No warrants issued; exemption claimed under Rule 506(b) of Regulation D and Regulation S for foreign subscriber.

## SEC filing metadata
- accession: 0001654954-22-005273
- form_type: 8-K/A
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2022-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495422005273/0001654954-22-005273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495422005273/njmc_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-005273
- JSON: https://secwatch.observer/filing/0001654954-22-005273.json
- Plain text: https://secwatch.observer/filing/0001654954-22-005273.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.