Idaho Strategic Resources Files 8-K Corporate Update

Ticker: IDR · Form: 8-K · Filed: Oct 11, 2024 · CIK: 1030192

Idaho Strategic Resources, INC. 8-K Filing Summary
FieldDetail
CompanyIdaho Strategic Resources, INC. (IDR)
Form Type8-K
Filed DateOct 11, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$15,000,000
Sentimentneutral

Sentiment: neutral

Topics: corporate-filing, 8-k

Related Tickers: IDR

TL;DR

IDR filed an 8-K confirming its corporate details and NYSE American listing.

AI Summary

Idaho Strategic Resources, Inc. (IDR) filed an 8-K on October 10, 2024, reporting its corporate information. The company is incorporated in Idaho and its principal executive offices are located at 201 N. 3rd Street, Coeur d'Alene, ID 83814. Its common stock trades under the symbol IDR on NYSE American LLC.

Why It Matters

This filing provides essential corporate details and confirms the trading status of Idaho Strategic Resources, Inc. on the NYSE American, which is important for investors and stakeholders.

Risk Assessment

Risk Level: low — This is a routine corporate filing and does not contain new financial or operational information that would typically indicate a change in risk.

Key Players & Entities

FAQ

What is the primary purpose of this Form 8-K filing?

The primary purpose of this Form 8-K filing is to report current information about Idaho Strategic Resources, Inc., including its corporate details and the exchange on which its common stock is registered.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on October 10, 2024.

What is the trading symbol for Idaho Strategic Resources, Inc. common stock?

The trading symbol for Idaho Strategic Resources, Inc. common stock is IDR.

On which exchange is Idaho Strategic Resources, Inc. common stock traded?

Idaho Strategic Resources, Inc. common stock is traded on NYSE American LLC.

What is the address of Idaho Strategic Resources, Inc.'s principal executive offices?

The address of Idaho Strategic Resources, Inc.'s principal executive offices is 201 N. 3rd Street, Coeur d'Alene, ID 83814.

Filing Stats: 758 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-10-11 06:00:38

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On October 10, 2024, Idaho Strategic Resources, Inc. (the "Company"), entered into a Sales Agreement (the "Agreement") with Roth Capital Partners, LLC (the "Sales Agent"). In accordance with the terms of the Agreement, the Company may offer and sell from time to time through or to the Sales Agent, as agent or principal, the Company's Common stock having an aggregate offering price of up to $15,000,000 (the "Placement Shares"). The Placement Shares will be offered and sold pursuant to the Company's shelf registration statement on Form S-3 (Registration No. 333-264647) and the related base prospectus included in the registration statement, as supplemented by the prospectus supplement dated October 10, 2024. The Company is not obligated to sell any Placement Shares pursuant to the Agreement. Subject to the terms and conditions of the Agreement, the Agent will use commercially reasonable efforts, consistent with its normal trading and sales practices and applicable state and federal laws, rules and regulations, and the rules of the NYSE American LLC market ("NYSE American"), to sell the Placement Shares from time to time based upon the Company's instructions, including any price, time or size limits or other customary parameters or conditions the Company may impose. Sales of the Placement Shares, if any, will be made on the NYSE American at market prices by any method permitted by law deemed to be an "at the market offering" as defined in Rule 415 of the Securities Act of 1933, as amended. The Company shall pay the Agent in cash, upon each sale of the Placement Shares pursuant to the Agreement, an amount up to 3.0% of the gross proceeds from each sale of Placement Shares. The summary of the Agreement in this report does not purport to be complete and is qualified by reference to such agreement, which is filed as Exhibit 10.1 hereto. This Current Report on Form 8-K shall not constitute an offer to sell or the sol

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits Exhibit No. Description 10.1 Sales Agreement, dated October 10, 2024, by and between the Company and Roth Capital Partners, LLC 2

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 STRATEGIC RESOURCES, INC. By: /s/ John Swallow John Swallow Its: President & CEO Date: October 10, 2024 3

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