Mines Management, Inc (MGN) - NYSEMKT
  • Tue, May 24, 8:55 AM
    • Mines Management (NYSEMKT:MGN) +34.1% premarket after Hecla Mining (NYSE:HL) agrees to acquire the exploration-stage mining company through a share exchange.
    • In the proposed merger, each outstanding MGN share will be exchanged for 0.2218 of an HL common share.
    • Following the closing of the merger, HL says it plans to advance the evaluation program of MGN's Montanore project, which is considered one of the largest undeveloped silver and copper deposits in North America.
    | Tue, May 24, 8:55 AM | 10 Comments
Company Description
Mines Management, Inc. is engaged in the business of acquiring and exploring, and if exploration is successful, developing mineral properties, primarily those containing silver and associated base and precious metals. It holds interest in Montanore project and La Estrell property. The company... More
Industry: Silver
Country: United States