---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-001735"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T12:53:31.039892+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic withdraws $1.36/share bid for Westwater Resources after board refusal

## Summary
- Withdrew business combination proposal to acquire Westwater at $1.36 per share.
- Premium of ~73% to Dec 22, 2022 unaffected price; WWR board refused to engage.
- IDR to focus on own gold/REE production strategy while monitoring WWR situation.
- CEO cites missed opportunity for clean share structure, low float, high insider ownership.

## SEC filing metadata
- accession: 0001654954-23-001735
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495423001735/0001654954-23-001735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495423001735/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-001735
- JSON: https://secwatch.observer/filing/0001654954-23-001735.json
- Plain text: https://secwatch.observer/filing/0001654954-23-001735.txt

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