Received by email:

File: MMI PR 1507 NYSE MKT Delisting 2015.07.08 Final Ltr.pdf

        905 West Riverside Avenue - Suite 311
        Spokane, Washington 99201
        Phone: 509 838 6050
        Fax:     509 838 0486
        Email:   info@minesmanagement.com
        Web:     www.minesmanagement.com
 
 
RELEASE 15-07
 
              MINES MANAGEMENT, INC. RECEIVES NOTICE FROM NYSE MKT
                                                       
 
Spokane, Washington � July 8, 2015 � MINES MANAGEMENT, INC. (NYSE-MARKET: "MGN", TSX:
"MGT"; the "Company"). On July 1, 2015, the Company received a letter from NYSE MKT LLC ("NYSE
MKT" or the "Exchange") stating that it is not in compliance with the continued listing standards as set
forth in Section 1003(a)(i-iv) of the NYSE MKT Company Guide (the "Company Guide"). In order to
maintain its listing, the Company must submit a plan of compliance by August 3, 2015 addressing how it
intends to regain compliance with Section 1003(a)(i-iv) of the Company Guide by December 31, 2016 for
equity standards and December 31, 2015 for the financial impairment standard.

If the plan is accepted, the Company may be able to continue its listing but will be subject to periodic
reviews by the Exchange. If the plan is not accepted, or if it is accepted but the Company is not in
compliance with the continued listing standards by the plan period end dates, or if the Company does not
make progress consistent with the plan, the Exchange may initiate delisting procedures as appropriate.

The Company's management is pursuing options to address the deficiencies and intends to submit a
compliance plan on or before the deadline set by the Exchange.


For more information, contact:
Douglas D. Dobbs, President
Mines Management, Inc.
905 West Riverside Avenue � Suite 311
Spokane, WA 99201
Phone: 509-838-6050
Fax: 509-838-0486
Email: info@minesmanagement.com
Web: www.minesmanagement.com




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