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

Signature
/s/ John Swallow
Issuer symbol
IDR
Transactions as of
15 Oct 2021
Transactions value $
$125,000
Form type
4
Filing time
18 Oct 2021, 17:16:55 UTC
Next filing
22 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDR Common Stock Purchase $75,000 +250,000 +1.4% $0.3* 17,597,373 15 Oct 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 $50,000 +125,000 +20% $0.4* 760,185 15 Oct 2021 Common Stock 125,000 $0.4 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.