Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
| IDAHO STRATEGIC RESOURCES, INC. |
| (Name of Issuer) |
Common Stock
(Title of Class of Securities)
645827-205
(Cusip Number)
February 13, 2024
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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| ☐ | Rule 13d-1 (b) |
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| ☒ | Rule 13d-1 (c) |
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| ☐ | Rule 13d-1 (d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes).
| CUSIP No. 645827-205 |
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| 1. | Name of Reporting Person: I.R.S. Identification Nos. of above persons (entities only):
Robert L. Dumont | |||
| 2. | Check the Appropriate Box if a Member of a Group: | |||
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| (a) | ☐ |
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| (b) | ☐ |
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| 3. | SEC Use Only:
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| 4. | Citizenship or Place of Organization:
U.S.A. | |||
| Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power:
548,056 |
| 6. | Shared Voting Power:
Not applicable | |
| 7. | Sole Dispositive Power:
548,056 | |
| 8. | Shared Dispositive Power:
Not applicable |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person:
548,056 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
☐ |
| 11. | Percent of Class Represented by Amount in Row (9):
4.38% |
| 12. | Type of Reporting Person:
IN |
| 2 |
| Item 1(a). |
| Name of Issuer: |
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| Idaho Strategic Resources, Inc. |
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| Item 1(b). |
| Address of Issuer’s Principal Executive Offices: |
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| 201 N. 3rd St, Coeur d’Alene, Idaho 83814 |
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| Item 2(a). |
| Name of Person Filing: |
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| Robert L. Dumont |
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| Item 2(b). |
| Address of Principal Business Office or, if none, Residence: |
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| 3974 W. Cielo View Ct., Coeur d’Alene, Idaho 83814 |
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| Item 2(c). |
| Citizenship: |
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| U.S.A. |
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| Item 2(d). |
| Title of Class of Securities: |
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| Common Stock |
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| Item 2(e). |
| CUSIP Number: |
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| 645827-205 |
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| Item 3. |
| If this Statement is Filed Pursuant to §240.13d-1(b) or §240.13d-2(b) or (c), check whether the person filing is a: |
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| Not applicable. |
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| Item 4. |
| Ownership. |
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| (a) | Amount beneficially owned: 548,056 | |||||||
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| (b) | Percent of class: 4.38% | |||||||
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| (c) | Number of shares as to which the person has: | |||||||
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| (i) | Sole power to vote or to direct the vote: 548,056 | |||||||
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| (ii) | Shar ed power to vote or to direct the vote: Not applicable | |||||||
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| (iii) | Sole power to dispose or to direct the disposition of: 548,056 | |||||||
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| (iv) | Shared power to dispose or to direct the disposition of: Not applicable | |||||||
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| Item 5. |
| Ownership of Five Percent or Less of a Class |
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| If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☒. |
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| Item 6. |
| Ownership of More than Five Percent on Behalf of Another Person. |
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| Not applicable |
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| Item 7. |
| Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company |
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| Not applicable |
| Item 8. |
| Identification and Classification of Members of the Group |
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| Not applicable |
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| Item 9. |
| Notice of Dissolution of Group |
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| Not applicable. |
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| Item 10. |
| Certification |
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| By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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| Date: | February 13, 2024 |
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| /s/Robert L. Dumont |
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