Idaho Copper Corp. Announces Material Agreement and Board Changes
Ticker: COPR · Form: 8-K · Filed: Apr 2, 2024 · CIK: 1263364
Sentiment: neutral
Topics: material-agreement, corporate-governance, management-change
TL;DR
Idaho Copper Corp. signed a big deal and shook up its board. Watch this space.
AI Summary
Idaho Copper Corp. announced on March 28, 2024, the entry into a material definitive agreement and changes in its board of directors and officer compensation. The company, formerly known as Joway Health Industries Group Inc. and G2 Ventures Inc., is incorporated in Nevada and operates in the Metal Mining sector.
Why It Matters
This filing indicates significant corporate actions, including a new material agreement and potential shifts in leadership or compensation structures, which could impact the company's strategic direction and investor relations.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements and changes in corporate governance, which can introduce uncertainty and potential risks related to execution and strategic alignment.
Key Numbers
- 20240328 — Report Date (Earliest event reported)
- 20240402 — Filing Date (Date the report was filed with the SEC)
Key Players & Entities
- Idaho Copper Corp. (company) — Registrant
- Joway Health Industries Group Inc. (company) — Former Company Name
- G2 Ventures Inc. (company) — Former Company Name
- Nevada (jurisdiction) — State of Incorporation
- 800 W. Main St , Ste 1460 Boise , ID 83702 (address) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement entered into by Idaho Copper Corp.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What specific changes occurred regarding the board of directors or officers?
The filing notes the departure of directors or certain officers, election of directors, and appointment of certain officers, along with compensatory arrangements, but the specific individuals and details are not in the excerpt.
When was Idaho Copper Corp. incorporated?
Idaho Copper Corp. is incorporated in Nevada, as indicated by the filing.
What were the previous names of Idaho Copper Corp.?
Idaho Copper Corp. was formerly known as Joway Health Industries Group Inc. and G2 Ventures Inc.
What is the primary business of Idaho Copper Corp.?
Idaho Copper Corp. operates in the Metal Mining sector, as indicated by its Standard Industrial Classification code.
Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 13.5 · Accepted 2024-04-02 13:35:16
Key Financial Figures
- $260,000.00 — it" and, collectively, the "Units") and $260,000.00 in gross proceeds for a total $1,952,00
- $1,952,000 — 60,000.00 in gross proceeds for a total $1,952,000 or 162 2/3 Units sold. Section 5 - Co
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-24-012683.txt ( ) — 199KB
- copr-20240328.xsd (EX-101.SCH) — 3KB
- copr-20240328_lab.xml (EX-101.LAB) — 33KB
- copr-20240328_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. IDAHO COPPER CORPORATION Dated: April 2, 2024 By: /s/ Robert Scannell Name: Robert Scannell Title: Chief Financial Officer and Treasurer