UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 8-K


Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):  

December 30, 2015

Commission file number: 000-28837


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NEW JERSEY MINING COMPANY

(Exact Name of Registrant as Specified in its Charter)


 

 

Idaho

82-0490295

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)



 

 

201 N. Third Street, Coeur d’Alene, ID

83814

(Address of principal executive offices)   

(zip code)


Registrant's telephone number, including area code: (208) 503-0153



N/A

(Former Name or Former Address if Changed Since Last Report)


Check the appropriate box below if the Form 8K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[  ] Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)


[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)


[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


[  ] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 1.01 Entry into a Material Definitive Agreement.  


On December 30, 2015, New Jersey Mining Company, Inc. (the “Company”) granted a total of 1,500,000 options to purchase the Company’s common stock to directors as compensation for past and future services rendered.  Delbert Steiner, John Swallow and Grant Brackebusch were each granted 500,000 options, of which 250,000 vested immediately and 250,000 vest on December 30, 2016.  The options are exercisable for a period of 5 years from their vesting dates (December 30, 2020, and December 30, 2021, respectively) at a price of $.10 per share.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  



NEW JERSEY MINING COMPANY


By:    /s/ Delbert Steiner


Delbert Steiner,

its: Chief Executive Officer

Date: January 6, 2015