X0306 4 2018-06-14 0000008328 Applied Minerals, Inc. AMNL 0001185060 LEVY JOHN F 55 WASHINGTON STREET 301 BROOKLYN NY 11201 1 Common Stock 2018-06-14 4 P 0 125000 0.08 A 1052031 D Common Stock Warrant 0.15 2018-06-14 4 P 0 125000 0 A 2018-06-14 2021-06-13 Common Stock 125000 1858670 D 1. Applied Minerals, Inc. (the "Company") sold to Mr. Levy 125,000 shares of common stock at $0.08 per share. The purchase also included an issuance to Mr. Levy of 125,000 warrants to purchase shares of common stock. Each warrant allows Mr. Levy to purchase one share of common stock for $0.15. The term of each warrant is three years. /s/ John F. Levy 2018-06-28