Hecla Mining announced today that its acquisition of Mines Management is complete. The acquisition includes the Montanore Project, a large undeveloped silver and gold project in Montana for which the final Environmental Impact Statement and Records of Decision were issued earlier this year. Montanore will remain owned by Mines Management, which is [...]
Mines Management has received notification from the NYSE MKT stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide by the end of the revised plan period, which the Exchange has extended to be [...]
Mines Management announces financial and operating results for the second fiscal quarter ending June 30, 2016. Overview On May 23, 2016, the Company entered into an agreement and plan of merger with Hecla Mining. Pursuant to the merger agreement and subject to approval of the Company's stockholders and the satisfaction of other conditions specified [...]
Mines Management has received notification from the NYSE MKT stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide by the end of the revised plan period, which the Exchange has extended to be [...]
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti are investigating the proposed sale of Mines Management to Hecla Mining Company. Under the terms of the proposed transaction, shareholders of MGN will receive only 0.2218 shares of Hecla for each share of MGN that they own. KSF is seeking to [...]
Mines Management and Hecla Mining today announced a merger agreement with Hecla acquiring Mines Management. In the proposed merger, each outstanding common share[1] of Mines Management will be exchanged for 0.2218 of a common share of Hecla. This represents a 41% premium to Mines Management, using both companies' 10 day VWAP (Volume Weighted Average [...]
Mines Management has received notification from the NYSE MKT stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide by the end of the revised plan period, which the Exchange has extended to be June [...]
Mines Management announces financial and operating results for the fiscal year ending December 31, 2015, and subsequent progress on the permitting process for the Montanore Project. Overview The Company's cash reserves as of December 31, 2015, are estimated to be sufficient to continue operations through the end of the first quarter of 2016. The [...]
Mines Management is pleased to announce that it has retained Canaccord Genuity as financial advisor to the Company to assist in reviewing and developing strategic options to enhance shareholder value. Canaccord is an independent, global, full-service investment bank focused on growth companies in the mining sector, and has provided advisory [...]
Mines Management is pleased to announce that it has retained Canaccord Genuity as financial advisor to the Company to assist in reviewing and developing strategic options to enhance shareholder value. Canaccord is an independent, global, full-service investment bank focused on growth companies in the mining sector, and has provided advisory [...]
Mines Management will host a live webinar for analysts and investors to discuss the recent issuance of the Record of Decision for the Company's 100% owned Montanore silver-copper project previously announced on February 12, 2016. The webinar is scheduled for 8:00 a.m. Pacific Standard Time on Tuesday, February 23, 2016, and will provide an overview [...]
Mines Management is pleased to report that Records of Decision approving development of the Montanore Mine Project were issued by the U.S. Forest Service and the Montana Department of Environmental Quality. The agencies' decisions approve the project defined in the preferred alternative as outlined in the Joint Final Environmental Impact Statement [...]
