UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Section 1 - Registrant’s Business and Operations
Item 1.01 Entry Into a Material Definitive Agreement
On March 28, 2024, Idaho Copper Corporation, a Nevada corporation (the “Company”), completed the final closing of the private placement (the “Offering”) previously disclosed in the Current Report on Form 8-K, filed with the Securities and Exchange Commission on March 5, 2024. On said date, the Company entered into subscription agreements with six (6) additional accredited investors for 21 2/3 units (each, a “Unit” and, collectively, the “Units”) and $260,000.00 in gross proceeds for a total $1,952,000 or 162 2/3 Units sold.
Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2024, John Moeller submitted his resignation from his position as a member of the board of directors (the “Board”) of the Company, effective immediately. Mr. Moeller’s resignation does not arise from any disagreement with the Company on any matter relating to its operations, policies, or practices. The Board accepted the resignation of Mr. Moeller as a member of the Board by written resolution on April 1, 2024.
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 | |