TERAWULF INC. — Director's Dealing 2013

Jan 30, 2013

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: IKONICS CORP (IKNX)
CIK: 0001083301
Period of Report: 2012-12-31

Reporting Person: ULLAND WILLIAM C (Director, Chairman of the Board and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-31	Common Stock	G	3000	—	Disposed	226502	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9000	Indirect

Footnotes

F1: Not applicable.

F2: Mr. Ulland serves as custodian of these shares which are held by his minor grandchildren.