---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-001408"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:22:53.139706+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Resources raises $878,500 via private placement of restricted common shares

## Summary
- Sold 158,453 restricted shares at $5.50 to non-affiliates ($678,500) and $5.70 to CEO John Swallow ($200,000).
- No warrants issued; proceeds earmarked for general working capital.
- CEO affiliate participated with $200,000 purchase at $5.70 per share.
- Offering exempt under Section 4(a)(2) and Rule 506(b) of Regulation D.

## SEC filing metadata
- accession: 0001654954-23-001408
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495423001408/0001654954-23-001408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495423001408/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-001408
- JSON: https://secwatch.observer/filing/0001654954-23-001408.json
- Plain text: https://secwatch.observer/filing/0001654954-23-001408.txt

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