First Idaho Resources Inc. announced a non-brokered private placement of 39,000,000 common shares at a price of CAD 0.005 per share for aggregate gross proceeds of CAD 195,000 on January 2, 2024. The shares issued pursuant to the Private Placement are subject to a hold period under applicable securities laws in Canada expiring four months and one day from the closing date of the Private Placement. No finder's fees or other consideration was paid in connection with the Private Placement.

The transaction included participation from new individual investor Tony Wonnacott.