NEW JERSEY MINING COMPANY (OTCMKTS:NJMC) Files An 8-K Unregistered Sales of Equity Securities

NEW JERSEY MINING COMPANY (OTCMKTS:NJMC) Files An 8-K Unregistered Sales of Equity Securities

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Item 3.02 Unregistered Sales of Equity Securities.

On February 28, 2016, New Jersey Mining Company (the Company)
closed a private placement through Paulson Investment Company,
LLC, its placement agent. A total of 2,137,500 units (the Units)
were sold to accredited investors at a price of US $0.20 per
Unit, which resulted in gross proceeds to the Company of US
$427,500.00, of which the Company will pay US $39,000 in
commissions. Units consisted of two shares of common stock and
one common stock purchase warrant exercisable at a price of US
$0.20 for a period of 36 months. In total, the Company issued an
aggregate of 4,275,000 common shares and 2,137,500 purchase
warrants. These amounts include the sales previously disclosed in
the Companys Current Report on Form 8-K filed on January 11,

The above-described sale and issuance of the Units, common shares
and warrants (and the issuance of shares of common stock upon
exercise thereof) were not registered under the Securities Act of
1933, as amended (Securities Act), or the securities laws of any
state, are subject to resale restrictions and may not be offered
or sold in the United States absent registration under the
Securities Act. The foregoing sale of securities has been
determined to be exempt from registration in reliance on Section
4(a)(2) of the Securities Act and the safe harbor provided by
Rule 506(b) of Regulation D promulgated thereunder, as
transactions by an issuer not involving a public offering, in
which the investors are accredited and have acquired the
securities for investment purposes only and not with a view to or
for sale in connection with any distribution thereof.

Item 7.01 Regulation FD Disclosure.

On March 6, 2017, the Company issued a press release entitled New
Jersey Mining Company Closes Private Placement and Applies for
Listing on the Canadian Stock Exchange. A copy of the press
release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference. The information in this Current Report on
Form 8-K (including the exhibits) is furnished to Item 7.01 and
shall not be deemed to be filed for the purpose of Section 18 of
the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section. This Current Report
on Form 8-K will not be deemed an admission as to the materiality
of any information contained herein that is required to be
disclosed solely by Regulation FD.

Item 9.01. Financial Statements and Exhibits

d) Exhibits


Press Release, dated March 6, 2017, entitled New
Jersey Mining Company Closes Private Placement and Applies
for Listing on the Canadian Stock Exchange.*

*The foregoing exhibit relating to Item 7.01 is intended to
be furnished to, not filed with, the SEC to Regulation FD.


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.


NEW JERSEY MINING COMPANY (OTCMKTS:NJMC) closed its last trading session down -0.003 at 0.106 with 1,688 shares trading hands.

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