John Swallow - Oct 15, 2021 Form 4 Insider Report for NEW JERSEY MINING CO (IDR)

Signature
/s/ John Swallow
Stock symbol
IDR
Transactions as of
Oct 15, 2021
Transactions value $
$125,000
Form type
4
Date filed
10/18/2021, 05:16 PM
Next filing
Oct 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDR Common Stock Purchase $75K +250K +1.44% $0.30* 17.6M Oct 15, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IDR Warrants Award $50K +125K +19.68% $0.40* 760K Oct 15, 2021 Common Stock 125K $0.40 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock and Warrants purchased on 10/15/21 were sold together as Units in the Issuer's private placement at a sale price of $0.30 per Unit. Each Unit consisted of one common share (a "Common Share") and one-half common share purchase warrant (a "Warrant"). Each whole Warrant is exercisable into a Common Share (a "Warrant Share") at an exercise price of US $0.40 per Warrant Share for a period of 2 years.