secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001654954-23-001408
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423001408/0001654954-23-001408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423001408/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-001408

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