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Cena Example Newsletter

2007-04-30T16:57:13Z

May 2007

“The most important thing she'd learned over the years was that there was no way to be a perfect mother and a million ways to be a good one.” –Jill Churchill

We all know that one of the million ways of being a good mother or father is to offer your family healthy, delicious food. Cena To Go is here to help and make this even easier for you! Although our recipes can seem to be too sophisticated for children, our innovative preparation methods allow the entire family (kids included) to savor the flavors of Cena. Our incredible rotation of tasty and healthy entrées, our detailed nutritional information and our emphasis on fresh ingredients is the ultimate dinner trifecta. As if this weren’t enough, you’ll find a coupon below for you, our preferred customer, for a discount during the month of May.

Thank you for your patronage of Cena To Go, and we hope to see you soon……only at Cena. Happy Mother’s Day!

Bon Appétit! Tami Badinger, Bruce Badinger and Nancy Cole Hough
Cena Franchising, Inc.

You don’t want to miss our bi-annual event of our customers’ favorite menu items next month during June’s Best of Cena celebration! Check out our fabulous entrées at www.cenatogo.com. Sign up early as spaces fill up quickly! (pictured: June’s Osso Buco)

Mother’s Day Quiche with Raspberry Scones

A perfect Mother’s Day brunch idea! Crisp, smoked bacon combined with Swiss cheese, herbs and vegetables of your choice, baked in a golden crust until bubbly. Served with our signature raspberry, white chocolate chunk scones.

Chef Bruce recommends: Each order of quiche and raspberry white chocolate chunk scones easily feeds a family of four. If your crust begins to brown before the quiche is fully cooked, lightly cover the quiche with foil. To serve, slice quiche into six pieces and serve with fresh fruit and our scones.

This July, don’t miss this fabulous opportunity to try Jameson’s By the Sea famous “ Baked Stuffed Shrimp.” Come enjoy the exotic flavors of the Hawaiian Islands. This wonderful restaurant, located on Oahu and Kona features some of the freshest and finest recipes of the islands. Aloha!

Jameson's By The Sea ... Restaurants
Two Beautiful Waterfront Locations
Haleiwa on the North Shore of Oahu ... Kona Coast on the Big Island Relaxed sunset dining ...

Two beautiful islands ... Two beautiful sunset views
Relax in our beautiful oceanside atmosphere and enjoy delicious recipes featuring fresh seafood direct from Hawaiian waters.

Jameson's By The Sea
on the Kona Coast of the Big Island
77-6452 Alii Dr.
overlooking Magic Sands Beach
Kailua-Kona, Hawaii 96740
Phone: 808.329.3195

Jameson's By The Sea in Haleiwa on the North Shore of Oahu
62-540 Kamehameha Hwy
Haleiwa, Hawaii 96712
Phone: 808.637.6272
Fax: 808.637.3225

Cena Fresh Sheet: Pre-assembled “to go” entrées that are perfect for when you want simply healthy take-out…at home!

Cena’s Signature Sides: Pre-assembled side dishes that enhance and balance any meal available at all Cena locations.

Cena Bakery: Delicious bakery items ready to pop into your oven!

Passed down from generations, Bruttles™ has become a confectionary phenomenon in the U.S. Cena features Bruttles Peanut Bruttle dipped in dark chocolate or the famous Soft Peanut Brittle that melts in your mouth. Recently featured in Savoir Faire and Gourmet magazines as the “delectable treat to sample.” Bruttles makes the perfect elegant gift for Mother’s Day!

Anytime that a client registers for a session for the following month when s/he is at Cena assembling meals the month prior, will have his/her name placed in a drawing for 6 free entrées on the next visit.

Attention all Cena To Go Kids!
On selected days each month, Cena will be offering special sessions for parents and their children to assemble meals. Music, snacks and even kids’ sized aprons are all part of the fun! Visit www.cenatogo.com and follow the link Only at Cena/Discover What’s New, or contact your local Cena for more information.

If your school and/or organization is looking for ways to raise funds, Cena would like to help you raise money. Go to www.cenatogo.com and follow the link In the Community for more information.

Cena is happy to announce that Luis Reyes from Orlando Florida and Monique Larre from Santa Rosa, California are our newest Cena Franchise Owners. They plan on opening during the late summer of 2007. Welcome!

Cena To Go’s Opening this month:
Cena Coeur d’Alene, ID
Cena Plainville, MA

Congratulations to Kyra Hill and Peter and Paula Linhares!

Here’s what a valued customer has to say about Cena:

“I love Cena. I've been going for about 3 months now and it’s been great. The meals are very healthy, gourmet meals that are easy to assemble and finish at home. My 14 year old son loves to cook, so he and I love to go there and assemble our meals together. The price is great (around $20 per meal) that easily feeds a family of 4, usually with leftovers. We are so busy with baseball, football and gymnastics that this has been a great way to get quick, healthy, gourmet meals during the week without breaking the bank. Try it!”

Cherie Meek, Elk Grove, CA customer

For information on franchising, visit www.cenatogo.com/content.php?page=franchise

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2007-03-21T14:27:36Z

905 W. Riverside Avenue - Suite 311

Spokane, Washington 99201

Phone: 509 838 6050

Fax: 509 838 0486

Email: info@minesmanagement.com

Site: www.minesmanagement.com

FOR IMMEDIATE RELEASE RELEASE 07-02

MINES MANAGEMENT ANNOUNCES 2006 RESULTS

SPOKANE, WASHINGTON – ~~xxxxxxxxxxxxxxxxx~~ March 21, 2007 – MINES MANAGEMENT, INC. (AMEX: MGN, TSX: MGT) is pleased to announce financial results and an operational update for the year ending December 31, 2006.

2006 Highlights

· Completed listing of our ~~shares~~ common stock on the Toronto Stock Exchange, effective January 10, 2006.

· Received independent estimate of mineralized material and mineral resources from Mine Development Associates on March 1, 2006 and filed a report under Canada’s National Instrument 43-101, reporting mineral resources at Montanore.

· Completed initial Montanore Project mining and milling cost studies by Hatch of Vancouver, identifying critical areas of focus for project improvement and development.

· Acquired two Noranda subsidiaries holding Hard Rock Operating Permit 150 and MPDES water discharge permit for exploration drilling, and title to the properties at the portal site of the Libby adit.

· Reopened Libby Adit, installed site facilities.

· Filed a $65 million shelf registration statement with the Securities and Exchange Commission, which became effective June 27, 2006.

· Continued drafting of the Montanore Project Environmental Impact Statement, in cooperation with the U.S. Forest Service, independent consultants and the Montana Department of Environmental Quality (“MDEQ”).

· Received final approval on November 28, 2006, for a minor revision to Hard Rock Operating Permit 150 to resume exploration and drilling activities at the Libby adit following a review by the MDEQ.

· Conducted the first phase of the re-opening of the Libby adit portal and preliminary evaluation and water quality tests in the third quarter of 2006.

· Our year end cash and certificates of deposit balance remained strong at over $5.1 million.

· Our net cash expenditures for operating activities for the year 2006 totaled $4.9 million, as expected.~~Our year end cash and certificates of deposit balance remained strong at over $5.1 million.~~

· ~~Our net cash expenditures for operating activities for the year 2006 totaled $4.9 million, as expected.~~

In 2007, the Company plans to focus on commencement of an ~~$40 million~~ underground evaluation drilling program at the Montanore Project’s Libby adit located in northwestern Montana. The Company intends to continue its emphasis on the re-permitting applications and commencement of a phased financing plan for the Montanore project. The Company will require additional capital to complete the proposed $40 million evaluation and drilling program starting in early 2007.

Financial and Operating Results

Mines Management, Inc. reported a net loss for the year ended December 31, 2006 of $6.0 million or $0.47 per share versus a loss of $5.2 million or $0.45 per share and $2.5 million or $0.26 per share for the years ending December 31, 2005 and 2004, respectively. The 2006 increase in net loss versus 2005 of $0.8 million, and the 2005 net loss increase versus 2004 of $2.7 million, were primarily due to increased expenditures in Montanore Project and administrative expense:

Expenditures Expense Summary

(millions)

2006 2005 2004

Montanore Project Expense $ 2.7 $ 2.2 $ 0.2

Administrative Expense $ 2.7 $ 2.2 $ 1.0

Non Cash Stock Option Expense $ 0.9 $ 1.0 $ 1.4

Interest Income $ (0.3) $ (0.2) $ (0.1)

Montanore project expense includes exploration, fees, filing and licenses, environmental, engineering and permitting expense. Increased activity on the Montanore Project was primarily the result of increased payments to consultants for permitting activities, collecting additional environmental baseline data, mineralized material and resource studies, and exploration activities related to reopening the Libby adit. Administrative expense, which includes general overhead and office expense, legal, accounting, compensation, rent, taxes, and investor relations expense, increased $0.5 million or 22% in 2006 over 2005 as we added two additional staff members, increased legal and accounting fees due to increased regulatory requirements and implementation of Sarbanes-Oxley Act of 2002 reporting on internal controls as an accelerated filer for 2006, and a general increase in the Company’s activities. Stock option expense, which includes stock options granted to officers, employees and consultants, remained approximately unchanged from 2005 to 2006, while interest income increased slightly due to a full year of interest for certificates of deposit purchased in October of 2005.

The major area for additional spending for 2005 over 2004 was the increased activity on the Montanore Project, primarily as a result of increased payments to consultants for permitting activities, collecting additional environmental baseline data, mineralized material and resource studies, and mine engineering and optimization. Administrative expense doubled in 2005 over 2004 as we commenced an investor relations program targeted at increasing liquidity, hired additional employees for the Montanore Project, and leased additional office space in January 2005 to accommodate our expanded staff. Stock option expense, which includes stock options granted to officers, employees and consultants, decreased from 2004 to 2005 due to fewer options being granted and no previously issued options vesting in 2005.

Liquidity

At December 31, 2006, our aggregate cash, short term investments, and long term investments totaled $5.2 million compared to $8.9 million at December 31, 2005. In 2006, we received $1.5 million from the exercise of warrants and stock options. The net cash used for operating activities was $4.9 million, which consisted primarily of permitting, environmental exploration, and engineering expenses for the Montanore project and administrative expenses. The net decrease in cash and cash equivalents for the year ending December 31, 2006 was $3.9 million.

We anticipate spending approximately $1.0 million each quarter in 2007 for ongoing operating expenses and an additional $5.0 million per quarter for the evaluation drilling program starting with the second quarter of 2007 for estimated total 2007 expenditures of approximately $19.0 million. The Company will require external financing in 2007 to fund the evaluation drilling program.

This press release contains forward-looking statements regarding the Company, within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including statements regarding commencement of the planned underground evaluation drilling program and estimated expenditures in 2007. These statements are based on assumptions that the Company believes are reasonable but that are subject to uncertainties and business risks. Actual results relating to any and all of these subjects may differ materially from those presented. Factors that could cause results to differ materially include fluctuations in silver and copper prices, negative results of environmental studies, problems or delays in or objections to the permitting process, the proximity of the Project to the Cabinet Wilderness Area, failure or delay of third parties to provide services, changes in the attitude of state and local officials toward the Montanore Project and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K, as amended, for the year ended December 31, 2006.

~~Disclaimer~~

Contact:

Mines Management, Inc., Spokane, WA info@minesmanagement.com

Douglas Dobbs, 509-838-6050 www.minesmanagement.com

~~[Please add FLS]~~

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