TERAWULF INC. — Director's Dealing 2007

Jun 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IKONICS CORP (IKNX)
CIK: 0001083301
Period of Report: 2007-06-04

Reporting Person: NERGES JOSEPH R (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-04	Common Stock	P	184	$9.01	Acquired	241300	Direct
2007-06-04	Common Stock	P	700	$9.21	Acquired	242000	Direct
2007-06-04	Common Stock	P	800	$9.23	Acquired	242800	Direct
2007-06-05	Common Stock	P	100	$9.24	Acquired	242900	Direct
2007-06-05	Common Stock	P	1900	$9.25	Acquired	244800	Direct
2007-06-05	Common Stock	P	400	$9.06	Acquired	245200	Direct
2007-06-05	Common Stock	P	800	$9.18	Acquired	246000	Direct
2007-06-06	Common Stock	P	1500	$9.26	Acquired	247500	Direct