X0306 4 2016-06-27 0000008328 Applied Minerals, Inc. AMNL 0001185060 LEVY JOHN F 110 GREENE STREET SUITE 1101 NEW YORK NY 10012 1 Common Stock 2016-06-27 4 A 0 333334 0.12 A 752031 D Warrant 0.25 2016-06-27 4 A 0 333334 0.03 A 2016-06-27 2021-06-27 Common Stock 100000 748670 D Applied Minerals, Inc. (the "Company") sold one share of common stock and one warrant to acquire .3 of a share of Common Stock as a unit priced at $.15. The Company has allocated the purchase price as follows: Common Stock, $,12 and Warrant, $.03o In order to acquire a whole share, the holder of the warrants must exercise 3.33 warrants for an aggregate purchase price of $.25 /s/ John F. Levy 2016-06-29