Idaho Copper Corp
For the period ended Oct 31, 2025. Filed Nov 25, 2025.
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Oct 31, 2025 · Filed Nov 25, 2025
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Legal Proceedings
Item 1. Legal Proceedings
On September 12, 2025, International Energy & Mineral Resources Investment Company Limited (“IEMR”), a shareholder of the Company, filed a lawsuit in the Fourth Judicial District of Idaho seeking a declaratory judgment that the Lock-Up Agreement dated December 21, 2022, and its First Amendment dated March 30, 2024 (collectively, the “Lock-Up Agreement”) has terminated according to its terms and that IEMR may freely trade its shares.
The Company maintains that IEMR remains subject to the restrictions of the Lock-Up Agreement and filed its response to the lawsuit on September 30, 2025.
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