mines management inc (MGN) Key Developments
Mines Management, Inc. Announces Audited Earnings Results for the Year Ended December 31, 2014
Apr 7 15
Mines Management, Inc. announced audited earnings results for the year ended December 31, 2014. The company reported a net loss for the year ended December 31, 2014 of $6.5 million or $0.22 per share compared to a loss of $7.4 million or $0.25 per share for the year ended December 31, 2013. Net cash used in operating activities during 2014 was $5.6 million compared with $6.1 million utilized in operating activities in 2013.
Mines Management, Inc. Auditor Raises 'Going Concern' Doubt
Mar 31 15
Mines Management, Inc. filed its 10-K on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, Tanner + Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Mines Management Inc. Completes Final Environmental Impact Statement for Montanore Silver-Copper Project
Mar 30 15
Mines Management, Inc. announced that on March 26, 2015, the United States Forest Service (USFS) announced completion and issuance of the Final Environmental Impact Statement (EIS) for the Montanore Project. Based on the agency's analyses of issues considered throughout the review process, the USFS is also issuing a Draft Record of Decision (ROD) indicating its intent to authorize the Project. Completion of the Final EIS and Draft ROD signal commencement of the final phase of the permitting process for the Montanore Silver-Copper Project located in northwestern Montana.
Mines Management, Inc. Presents at 27th Annual ROTH Conference, Mar-09-2015 05:30 PM
Feb 13 15
Mines Management, Inc. Presents at 27th Annual ROTH Conference, Mar-09-2015 05:30 PM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States.
Mines Management, Inc. Appoints Douglas D. Dobbs as Class I Director
Dec 17 14
On December 12, 2014, the Board of Directors of Mines Management, Inc. increased the size of the Board from five members to six members. The Board unanimously elected Mr. Douglas D. Dobbs, the company’s President, to fill the newly created vacancy effective December 12, 2014 and serve as a Class I director until the 2015 Annual Meeting of Stockholders. There is no current intention to appoint Mr. Dobbs to any committee of the Board. Mr. Dobbs has not been involved in any transactions that require disclosure pursuant to Item 404(a) of Regulation S-K other than his salary and other executive compensation related to his position as the company’s President as set forth in the company’s proxy statement relating to its 2014 Annual Meeting of Stockholders, and such information is incorporated by reference herein.