Mines Management Announces Common Stock Offering (MGN)

Mines Management MGN is pleased to announce that it intends to offer shares of its common stock pursuant to the Company's shelf registration statement. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Mines Management intends to use the net proceeds from this offering for (i) the advancement of the permitting process for its Montanore Project and the commencement of the Company's planned delineation drilling program, which will include advancement of the adit, establishment of drilling stations and commencement of exploratory drilling and (ii) for general corporate purposes, including possible acquisition and exploration of new mining properties. Roth Capital Partners, LLC is acting as sole manager for the offering.