Mines Management is pleased to announce financial and operating results for the year ended December 31, 2011. On April 4, 2011, the Company completed an underwritten public offering of 5,120,000 shares of common stock that yielded net proceeds of approximately $15.2 million, after placement agent fees and before other offering expenses. The Company [...]
Mines Management is pleased to announce it has signed a letter of intent with Estrella Gold for an option to acquire up to 75% of the La Estrella gold and silver project located in central Peru approximately 230 km southeast of Lima. The La Estrella property contains approximately 2,500 hectares of land within the Central Peru polymetallic belt [...]
PORTLAND, Maine, Dec. 20, 2011 /PRNewswire/ -- Magellan Petroleum Corporation (the 'Company' or 'Magellan')
has appointed Blaine K. Spies to the position of Operations Manager.
Mr. Spies has over 19 years of operation and technical engineering experience in the oil and gas industry. Prior to this appointment, Mr. Spies was the Operations Manager
As many of you know, I wrote a letter to the shareholders dated October 21, 2011, introducing myself as the new President and CEO of Magellan Petroleum Corporation (the 'Company')
and offering a variety of my observations and comments regarding the Company.
In view of the unusual market activity in the common stock of Mines Management, the NYSE Amex has contacted the Company in accordance with its usual practice. While ordinarily it is the Company's policy to not comment on unusual market activity, or market rumors, it confirmed that it is not aware of any material corporate developments which could [...]
FOR IMMEDIATE RELEASE RELEASE 11-11 MINES MANAGEMENT COMMENTS ON UNUSUAL TRADING ACTIVITY Spokane, Washington - December 6, 2011 - Mines Management, Inc. (NYSE-Amex: "MGN", TSX: "MGT") (the "Company"). In view of the unusual market activity in the common stock of Mines Management, Inc. (NYSE Am ...
IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on
Spokane, Washington - November 21, 2011 - Mines Management, Inc. (NYSE-Amex: "MGN", TSX: "MGT") (the "Company") is pleased to announce that its Montanore Silver-Copper Project has been awarded the Sentinels of Safety Certificate of Achievement in Safety for the calendar year 2010. Montanore Mine ...
Mines Management is pleased to announce that its Montanore Silver-Copper Project has been awarded the Sentinels of Safety Certificate of Achievement in Safety for the calendar year 2010. Montanore Minerals, the Company's wholly owned subsidiary, received the state award for outstanding safety performance in the category of small underground metal [...]
I would like to take this opportunity to introduce myself as Magellan's new President and CEO and to discuss some recent developments and new priorities at Magellan
.
As you know, we have recently changed management and approved the transition of our Portland headquarters to Denver
Please contact the Omni Interlocken Resort and request the Magellan Petroleum corporate rate at $139 per night or book online at www.omnihotels.com. We look forward to seeing many of you at the meeting. Have a safe trip and we hope you find our meeting informative and exciting.
For further information, please contact:
Jeffrey G. Tounge, Manager, Investor Relations (207) 619-8504
