Idaho Strategic Resources Signs Material Agreement

TL;DR

IDR signed a big deal on 9/29, filing includes financials.

AI Summary

Idaho Strategic Resources, Inc. entered into a material definitive agreement on September 29, 2025. The filing also includes financial statements and exhibits related to this agreement. The company, previously known as New Jersey Mining Co., is incorporated in Idaho and focuses on gold and silver ores.

Why It Matters

This filing indicates a significant new development for Idaho Strategic Resources, potentially impacting its future operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.

Key Players & Entities

• Idaho Strategic Resources, Inc. (company) — Registrant
• New Jersey Mining Co. (company) — Former company name
• September 29, 2025 (date) — Date of earliest event reported
• 201 N. 3rd Street, Coeur d’Alene, ID 83814 (address) — Principal executive offices

FAQ

Key Financial Figures

• $20,000,000 — ng an aggregate offering price of up to $20,000,000 (the "Placement Shares"). The Placement

Filing Documents

• idr_8k.htm (8-K) — 24KB
• idr_ex101.htm (EX-10.1) — 194KB
• idr_8kimg1.jpg (GRAPHIC) — 6KB
• 0001654954-25-011410.txt ( ) — 392KB
• idr-20250929.xsd (EX-101.SCH) — 5KB
• idr-20250929_lab.xml (EX-101.LAB) — 14KB
• idr-20250929_cal.xml (EX-101.CAL) — 1KB
• idr-20250929_pre.xml (EX-101.PRE) — 9KB
• idr-20250929_def.xml (EX-101.DEF) — 2KB
• idr_8k_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 29, 2025, Idaho Strategic Resources, Inc. (the "Company"), entered into a Sales Agreement (the "Agreement") with Roth Capital Partners, LLC (the "Sales Agent") that reduced the commission to the Sales Agent from 3% to 2.5%. 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 $20,000,000 (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. 333-287401) and the related base prospectus included in the registration statement, as supplemented by the prospectus supplement filed with the Securities and Exchange Commission concurrently herewith. 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 2.5% 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

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits Exhibit No. Description 10.1 Sales Agreement, dated September 29, 2025, 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 2, 2025 3

View Full Filing

View this 8-K filing on SEC EDGAR