Mines Management Inc (MGN)

[Montanore]

On October 6, 2015, Mines Management, Inc. (the “Company”) entered into a Bill of Sale of Equipment with Amalgamated Mining Inc. (“Amalgamated Mining”) pursuant to which the Company sold certain mining equipment to Amalgamated Mining for $1.25 million on an “as is” basis.

This isn't really good news, but MGN needs to keep making payroll to the owners.