UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 20, 2007
MINES MANAGEMENT, INC.
(Exact name of registrant as specified in its charter)
IDAHO |
| 0-29786 |
| 91-0538859 |
(State or other jurisdiction of incorporation or organization) |
| (Commission File Number) |
| (I.R.S. Employer |
905 W. Riverside Avenue, Suite 311 Spokane, Washington |
| 99201 |
Registrant’s telephone number, including area code: (509) 838-6050
No Change
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
EXPLANATORY NOTE
This Form 8-K/A amends the Form 8-K filed by Mines Management, Inc. on December 28, 2007 for the purpose of including additional disclosure required by Item 304 of Regulation S-K.
Item 4.01. Change in Registrant’s Certifying Accountant.
On December 20, 2007, Mines Management, Inc. (the “Company”) received a letter from the members of LeMaster & Daniels PLLC (“LMD”), the Company’s independent registered public accounting firm, advising the Company of their intention to resign as the Company’s independent auditors following the completion of their audit of the Company’s financial statements for the fiscal year ended December 31, 2007. The Company’s Audit Committee has accepted LMD’s resignation but has not yet selected an independent auditor to succeed LMD.
In the letter, LMD indicated that the resignation was part of a firm-wide decision to cease performing attest services to publicly-traded companies with the exception of certain issuers filing on Form 11-K. The letter further stated that, among other factors, that decision was based on the increased risk and costs associated with performing such engagements given the small number of publicly-traded companies currently being served by LMD.
During the fiscal years ended December 31, 2006 and 2005 and any subsequent interim period through December 20, 2007, the date of LMD’s resignation, there were no disagreements between the Company and LMD on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which disagreements, if not resolved to the satisfaction of LMD, would have caused it to make reference to the subject matter of the disagreements in connection with its report, as required by Item 304(a)(1)(iv) of Regulation S-K. LMD’s report on the Company’s financial statements for the fiscal years ended December 31, 2006 or 2005 did not contain any adverse opinion or disclaimer of opinion, nor was any such report qualified or modified as to uncertainty, audit scope, or accounting principles.
The Company has authorized LMD to communicate with any successor independent auditor.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit |
| Description |
16 |
| Letter from LeMaster & Daniels PLLC to the Securities and Exchange Commission, dated January 3, 2008. |
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 4, 2008
Mines Management, Inc. | |
|
|
By: | /s/ James H. Moore |
| James H. Moore |
| Chief Financial Officer |
3
EXHIBIT INDEX
Exhibit |
| Description |
|
16 |
| Letter from LeMaster & Daniels PLLC to the Securities and Exchange Commission, dated January 3, 2008. |
|