NEW JERSEY MINING COMPANY (OTCMKTS:NJMC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Other Events.
On June 5, 2019 New Jersey Mining Company, Inc. (the “Company”) granted a total of 2,100,000 options to purchase the Company’s common stock to non-officer employees of the Company. All of the options vest immediately and are exercisable for a period of three years from their grant dates (June 5, 2019 respectively) at a price of $0.14 per share.
Item 9.01 Financial Statements and Exhibits
10.11Form of Option Agreement
NEW JERSEY MINING CO Exhibit
EX-10 2 ex10-11.htm FORM OF OPTION AGREEMENT Non-Qualified Stock Option Agreement Pursuant to the Exhibit 10.11 Non-Qualified Stock Option Agreement This NON-QUALIFIED STOCK OPTION AGREEMENT (this "Agreement") is made as of the June 5,…
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About NEW JERSEY MINING COMPANY (OTCMKTS:NJMC)
New Jersey Mining Company is engaged in exploring for and developing gold, silver, and base metal deposits in the Greater Coeur d’Alene Mining District of North Idaho and extending into Western Montana. The Company is evaluating mineral investment and development opportunities in the western United States. The Company is focused on advanced stage exploration and development assets. The Company has a portfolio of mineral properties, including the Golden Chest Mine, the New Jersey Mine and Mill, the McKinley exploration project, the Eastern Star exploration project and the Toboggan exploration project, and other exploration prospects. The New Jersey Mill Joint Venture and GF&H Company are subsidiaries of the Company. The New Jersey Mine is an underground mine and mill complex, which is located approximately four kilometers east of Kellogg, Idaho, in the Coeur d’Alene Mining District. The Toboggan Project consists of the prospects, including Gold Butte and Mineral Ridge.