Past year: ▲ 319%(22.2c – 1.40 USD)
Each one in plain English, with the numbers worked through for a shareholder.
28 Dec 2007auditor change● Neutral
On December 20, 2007 the auditor LeMaster & Daniels told the company it would resign after completing the audit of the 2007 financial statements. The auditor said this was a firm-wide decision to stop auditing public companies (citing increased risk and costs); the filing reports no disagreements and no adverse or qualified audit opinions for 2006 or 2005. No successor had been chosen yet.
14 Dec 2007securities registration● Neutral
MINES MANAGEMENT INC registered a securities offering with the SEC using its shelf eligibility.
19 Nov 2007securities registration● Neutral
MINES MANAGEMENT INC filed the final prospectus for a registered offering.
5 Nov 2007capital raising announcement▲ GoodMajor
On November 2, 2007 the company sold 2,500,000 shares at US$4.00 (US$10 million) to Silver Wheaton Corp. in a private placement. It also granted Silver Wheaton a twenty-year right of first proposal and right to match third-party offers to buy silver the company produces in Montana, and agreed to register the shares for resale in the US. The price is below the US$5.00 paid in the April 2007 offering.
What it means for a shareholder
2.5m new shares at US$4.00 to raise about US$10.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
10 May 2007capital raising announcement▲ GoodMajor
On May 9, 2007 the underwriters exercised their over-allotment option for 836,600 more units at US$5.00, adding US$4,183,000 gross. This brings the April 2007 offering to 6,836,600 units, US$34,183,000 gross and US$32,132,020 net of underwriting commissions; the press release says proceeds will fund part of a two-year advanced exploration and underground drilling program at the Montanore Silver-Copper Project in Montana and general corporate purposes.
20 Apr 2007material agreement▲ GoodMajor
On April 16, 2007 the company agreed with TD Securities and four other underwriters to sell 6,000,000 units at US$5.00 each (gross US$30,000,000, underwriters' fees US$1,800,000); the offering closed April 20, 2007. Each unit has one share plus half a warrant, with whole warrants exercisable at US$5.75 until April 19, 2012, and underwriters have a 30-day option for 900,000 more units. This is a much larger raise than the $6.1 million private placement of October 2005 and dilutes existing holders.
17 Apr 2007securities registration● Neutral
MINES MANAGEMENT INC filed a free-writing prospectus - marketing material for an offering in progress.
17 Apr 2007securities registration● Neutral
MINES MANAGEMENT INC filed a prospectus supplement for an offering off its existing shelf.
27 Mar 2007securities registration● Neutral
MINES MANAGEMENT INC filed a prospectus supplement for an offering off its existing shelf.
28 Aug 2006securities registration● Neutral
MINES MANAGEMENT INC filed the final prospectus for a registered offering.
29 June 2006securities registration● Neutral
MINES MANAGEMENT INC filed the final prospectus for a registered offering.
16 June 2006director interest notice● Neutral
Douglas D Dobbs became a MINES MANAGEMENT INC VP - Corporate Secretary and company insider (initial ownership filing).
12 June 2006securities registration● Neutral
MINES MANAGEMENT INC registered a securities offering with the SEC using its shelf eligibility.
15 May 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 8,000 shares at $9.78.
11 May 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 5,000 shares at $9.63.
5 May 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 2,000 shares at $9.04.
3 May 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue exercised stock options for 25,000 shares and disposed of 29,900 shares.
2 May 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 15,100 shares.
27 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue exercised stock options for 25,000 shares and disposed of 25,000 shares.
27 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 18,000 shares at $9.24.
25 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 7,000 shares at $9.11.
20 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue exercised stock options for 25,000 shares and disposed of 25,000 shares.
12 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 2,400 shares at $8.85.
11 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 15,000 shares.
6 Apr 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 4,600 shares at $8.73.
31 Mar 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue exercised stock options for 25,000 shares and disposed of 25,000 shares.
16 Mar 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 17,000 shares at $8.37.
9 Mar 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 3,000 shares at $8.01.
6 Mar 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue exercised stock options for 25,000 shares and disposed of 25,000 shares.
21 Feb 2006director interest notice● Neutral
MINES MANAGEMENT INC director Jerry Pogue sold 2,000 shares at $6.35.
