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
May 15, 2008
Date of Report (Date of earliest event
reported)
New Jersey Mining Company
(Exact name of registrant as specified in its charter)
| Idaho | 000-28837 | 82-0490295 |
| (State or other jurisdiction of | (Commission File Number) | (IRS Employer Identification No.) |
| incorporation) | ||
| 89 Appleberg Road | ||
| Kellogg, Idaho | 83837 | |
| (Address of principal executive offices) | (Zip Code) | |
(208) 783-3331
Registrant's telephone number,
including area code
NOT APPLICABLE
(Former name or former address,
if changed since last report)
Check the appropriate box below if the Form 8-K 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 (17 CFR 230.425)
____ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
____ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
____ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
SECTION 3 – FINANCIAL INFORMATION
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On May 15, 2008, the Company announced that it had raised $1,740,000 from the exercise of warrants held by shareholders of the Company. A total of 4,350,000 warrants were exercised at a price of $0.40 per warrant resulting in the issuance of 4,350,000 shares of common stock. No commissions were paid.
The common stock resulting from the exercise of the warrants is restricted from resale by Rule 144. The Offering was strictly limited to persons who met certain minimum financial or sophistication requirements. The offering was made in reliance on exemptions from registration provided by Section 4(2) and Rule 506 of Regulation D of the Securities Act of 1933, as amended.
A press release announcing the exercise of the warrants is attached as an exhibit below.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
| 99.1 | Press Release dated May 15, 2008. |
SIGNATURE
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 hereunto duly authorized.
| New Jersey Mining Company | |
| Date: May 15, 2008 | |
| By: /s/ Fred W. Brackebusch | |
| FRED W. BRACKEBUSCH | |
| President, Chief Executive Officer | |
| and Chief Financial Officer |
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