Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Mines Management Inc (NYSE MKT: MGN) acted responsibly on behalf of investors’ profitability in the planned sale to Hecla Mining Company (NYSE: HL).
On May 24, 2016, Mines Management Inc (NYSE MKT: MGN) and Hecla Mining Company (NYSE: HL) announced that they had entered into a merger agreement. Under the terms of the merger agreement, shareholders of Mines Management will receive 0.2218 shares of Hecla for each share of Mines Management that they own.
Based in Spokane, Washington, and founded in 1947 Mines Management Inc develops mineral properties in North America.
The investigation focuses on whether NYSE MKT: MGN investors received the highest price and whether the directors of Mines Management Inc acted in the best interest of Mines Management Inc company and its shareholders.
If you purchased Mines Management Inc (NYSE MKT: MGN) prior to May 24, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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