Idaho Strategic Resources, Inc. 8-K

What Happened

• Idaho Strategic Resources, Inc. (IDR) held its Annual Meeting of Shareholders on June 10, 2026 and filed an 8-K reporting the results. Five nominees — John Swallow, Grant A. Brackebusch, Kevin Shiell, Richard Beaven and Carolyn Turner — were re-elected to the Board for terms expiring at the 2027 annual meeting. Shareholders also ratified Assure, CPA, LLC as the company’s independent registered public accounting firm for the ensuing year.

Key Details

• Record date: April 20, 2026; outstanding common shares: 15,808,359. Shares present in person or by proxy at the meeting: 11,839,850 (74.89% of outstanding).
• Director vote totals (For / Withheld / Broker Non-Vote):
  • John Swallow: 6,846,371 / 78,994 / 4,914,485
  • Grant A. Brackebusch: 6,329,188 / 596,177 / 4,914,485
  • Kevin Shiell: 5,924,575 / 1,000,790 / 4,914,485
  • Richard Beaven: 5,938,889 / 986,476 / 4,914,485
  • Carolyn Turner: 6,475,580 / 449,785 / 4,914,485
• Auditor ratification vote: Assure, CPA, LLC was ratified with 11,693,068 votes For, 114,287 Against, and 32,495 Abstentions (0 broker non-votes).

Why It Matters

• Governance continuity: Re-election of all five director nominees keeps the current board in place through the 2027 annual meeting, which is material to oversight and strategic direction.
• Financial reporting continuity: Ratification of Assure, CPA, LLC ensures the company will continue with the same independent auditor for the coming year.
• Vote participation context: With ~74.9% turnout and significant broker non-votes (4,914,485) reported on the director elections, investors can see that a sizable portion of shares were present but not voted on the director slate, which affected the raw vote totals.