Nautilus Minerals Inc.

Conning Towers-Nautilus Park, United States

Nautilus Minerals Inc.

Conning Towers-Nautilus Park, United States
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LONDON, UK / ACCESSWIRE / April 17, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Forsys Metals, Aquila Resources, Nautilus Minerals, and Coro Mining. Get all of our free research reports by signing up at: http://www.activewallst.com/register/. At the closing bell on Thursday, April 13, 2017, the Toronto Exchange Composite index edged 0.72% lower to finish the trading session at 15,535.48 with a total volume of 317,745,895 shares exchanging hands for the day. Active Wall St. has initiated research reports on the following equities: Forsys Metals Corporation (TSX: FSY), Aquila Resources Inc. (TSX: AQA), Nautilus Minerals Inc. (TSX: NUS), and Coro Mining Corporation (TSX: COP). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/. Toronto, Canada headquartered Forsys Metals Corp.'s stock finished Thursday's session flat at $0.13 with a total volume of 154,000 shares traded. Forsys Metals' shares have surged 62.50% in the past one year. Shares of the Company, which together with its subsidiaries, acquires, explores for, and develops mineral properties in Namibia, are trading above its 200-day moving average. Forsys Metals' 50-day moving average of $0.15 is above its 200-day moving average of $0.12. See our research report on FSY.TO at: http://www.activewallst.com/register/. On Thursday, shares in Toronto, Canada headquartered Aquila Resources Inc. recorded a trading volume of 70,400 shares. The stock ended the day 3.77% lower at $0.26. Aquila Resources' stock has gained 4.00% in the last one month and 85.71% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties in the US and Canada, are trading below its 50-day moving average. The stock's 50-day moving average of $0.26 is above its 200-day moving average of $0.25. The complimentary research report on AQA.TO at: http://www.activewallst.com/register/. On Thursday, shares in Vancouver, Canada headquartered Nautilus Minerals Inc. ended the session 4.17% lower at $0.23 with a total volume of 171,998 shares traded. Nautilus Minerals' shares have surged 53.33% in the last three months and 43.75% in the past one year. Shares of the Company, which explores and develops the ocean floor for copper, gold, silver, and zinc seafloor massive sulphide deposits, are trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $0.22 is greater than its 200-day moving average of $0.18. Register for free and access the latest research report on NUS.TO at: http://www.activewallst.com/register/. Vancouver, Canada headquartered Coro Mining Corp.'s stock closed the day 3.85% higher at $0.14. The stock recorded a trading volume of 60,825 shares. Coro Mining's shares have rallied 250.00% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Chile, are trading below their 50-day moving average of $0.15. Get free access to your research report on COP.TO at: http://www.activewallst.com/register/. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / April 17, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Forsys Metals, Aquila Resources, Nautilus Minerals, and Coro Mining. Get all of our free research reports by signing up at: http://www.activewallst.com/register/. At the closing bell on Thursday, April 13, 2017, the Toronto Exchange Composite index edged 0.72% lower to finish the trading session at 15,535.48 with a total volume of 317,745,895 shares exchanging hands for the day. Active Wall St. has initiated research reports on the following equities: Forsys Metals Corporation (TSX: FSY), Aquila Resources Inc. (TSX: AQA), Nautilus Minerals Inc. (TSX: NUS), and Coro Mining Corporation (TSX: COP). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/. Toronto, Canada headquartered Forsys Metals Corp.'s stock finished Thursday's session flat at $0.13 with a total volume of 154,000 shares traded. Forsys Metals' shares have surged 62.50% in the past one year. Shares of the Company, which together with its subsidiaries, acquires, explores for, and develops mineral properties in Namibia, are trading above its 200-day moving average. Forsys Metals' 50-day moving average of $0.15 is above its 200-day moving average of $0.12. See our research report on FSY.TO at: http://www.activewallst.com/register/. On Thursday, shares in Toronto, Canada headquartered Aquila Resources Inc. recorded a trading volume of 70,400 shares. The stock ended the day 3.77% lower at $0.26. Aquila Resources' stock has gained 4.00% in the last one month and 85.71% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties in the US and Canada, are trading below its 50-day moving average. The stock's 50-day moving average of $0.26 is above its 200-day moving average of $0.25. The complimentary research report on AQA.TO at: http://www.activewallst.com/register/. On Thursday, shares in Vancouver, Canada headquartered Nautilus Minerals Inc. ended the session 4.17% lower at $0.23 with a total volume of 171,998 shares traded. Nautilus Minerals' shares have surged 53.33% in the last three months and 43.75% in the past one year. Shares of the Company, which explores and develops the ocean floor for copper, gold, silver, and zinc seafloor massive sulphide deposits, are trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $0.22 is greater than its 200-day moving average of $0.18. Register for free and access the latest research report on NUS.TO at: http://www.activewallst.com/register/. Vancouver, Canada headquartered Coro Mining Corp.'s stock closed the day 3.85% higher at $0.14. The stock recorded a trading volume of 60,825 shares. Coro Mining's shares have rallied 250.00% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Chile, are trading below their 50-day moving average of $0.15. Get free access to your research report on COP.TO at: http://www.activewallst.com/register/. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


LONDON, UK / ACCESSWIRE / April 17, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Forsys Metals, Aquila Resources, Nautilus Minerals, and Coro Mining. Get all of our free research reports by signing up at: http://www.activewallst.com/register/. At the closing bell on Thursday, April 13, 2017, the Toronto Exchange Composite index edged 0.72% lower to finish the trading session at 15,535.48 with a total volume of 317,745,895 shares exchanging hands for the day. Active Wall St. has initiated research reports on the following equities: Forsys Metals Corporation (TSX: FSY), Aquila Resources Inc. (TSX: AQA), Nautilus Minerals Inc. (TSX: NUS), and Coro Mining Corporation (TSX: COP). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/. Toronto, Canada headquartered Forsys Metals Corp.'s stock finished Thursday's session flat at $0.13 with a total volume of 154,000 shares traded. Forsys Metals' shares have surged 62.50% in the past one year. Shares of the Company, which together with its subsidiaries, acquires, explores for, and develops mineral properties in Namibia, are trading above its 200-day moving average. Forsys Metals' 50-day moving average of $0.15 is above its 200-day moving average of $0.12. See our research report on FSY.TO at: http://www.activewallst.com/register/. On Thursday, shares in Toronto, Canada headquartered Aquila Resources Inc. recorded a trading volume of 70,400 shares. The stock ended the day 3.77% lower at $0.26. Aquila Resources' stock has gained 4.00% in the last one month and 85.71% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties in the US and Canada, are trading below its 50-day moving average. The stock's 50-day moving average of $0.26 is above its 200-day moving average of $0.25. The complimentary research report on AQA.TO at: http://www.activewallst.com/register/. On Thursday, shares in Vancouver, Canada headquartered Nautilus Minerals Inc. ended the session 4.17% lower at $0.23 with a total volume of 171,998 shares traded. Nautilus Minerals' shares have surged 53.33% in the last three months and 43.75% in the past one year. Shares of the Company, which explores and develops the ocean floor for copper, gold, silver, and zinc seafloor massive sulphide deposits, are trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $0.22 is greater than its 200-day moving average of $0.18. Register for free and access the latest research report on NUS.TO at: http://www.activewallst.com/register/. Vancouver, Canada headquartered Coro Mining Corp.'s stock closed the day 3.85% higher at $0.14. The stock recorded a trading volume of 60,825 shares. Coro Mining's shares have rallied 250.00% in the previous one year. Shares of the Company, which engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Chile, are trading below their 50-day moving average of $0.15. Get free access to your research report on COP.TO at: http://www.activewallst.com/register/. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | July 24, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - July 24, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that, pursuant to its subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended (the "Subscription Agreement"), the Company has delivered a financing notice dated July 21, 2017 (the "Financing Notice") to the Investors in respect of a private placement of an aggregate of 11,761,682 common shares of the Company at an issue price of C$0.214 per share for aggregate proceeds to the Company of US$2,000,000. The private placement will be allocated equally between the two Investors. In accordance with the Subscription Agreement, the issue price equals the five day volume weighted average trading price of the Company's shares on the Toronto Stock Exchange immediately prior to the date of the Financing Notice, and the number of shares to be issued under the Financing Notice was calculated based on the daily US/CAD exchange rate of 1.2585 posted by the Bank of Canada on the last business day prior to the date of the Financing Notice. Closing of the private placement under the Financing Notice is required to occur during August, 2017 and within 10 business days following payment of the subscription proceeds by the Investors to the Company, pursuant to the Subscription Agreement. The private placement forms part of the up to US$20 million financing approved by the Company's shareholders at the extraordinary general meeting of the Company held on October 26, 2016. For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the closing of the bridge financing, the use of proceeds of the bridge financing and plans to develop the seafloor mining industry. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the previously announced restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the previously announced restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.9% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 18.0% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | June 20, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - June 20, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces the results of its Annual General Meeting (AGM) held today in Vancouver, British Columbia, at which 59.12% of the issued shares were represented. Shareholders voted in favour of all resolutions brought before them. Russell Debney, Nautilus' Chairman said: "We have continued to make excellent progress in the past year resulting in the delivery of our completed Seafloor Production equipment. Subsequently, we have commenced submerged trials of the Seafloor Production Tools in Papua New Guinea this past quarter and have delivered the Launch & Recovery equipment to the Mawei shipyard in China, while also progressing there with the build of our Production Support Vessel (PSV). We now look forward to seeing more of the equipment arrive for integration over the coming months at the shipyard as we gear up towards the launch of the PSV early in 2018. Subject to financing, we continue to target the commencement of operations at the Solwara 1 project site in Q1 2019." The Company provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the Company's Information Circular, filed on SEDAR on May 11, 2017: The proxy results of voting in respect of the directors were as follows: For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the planned integration of equipment on the PSV and the launch of the PSV in 2018 and plans to commence operations at the Solwara 1 project site in Q1 2019. We have made numerous assumptions about such statements, including assumptions relating to the existing bridge financing, future project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the previously announced restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.9% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 18.0% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | May 23, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 23, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that, pursuant to its subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended (the "Subscription Agreement"), the Company has delivered a financing notice dated May 19, 2017 (the "Financing Notice") to the Investors in respect of a private placement of an aggregate of 11,021,052 common shares of the Company at an issue price of C$0.247 per share for aggregate proceeds to the Company of US$2,000,000. The private placement will be allocated equally between the two Investors. In accordance with the Subscription Agreement, the issue price equals the five day volume weighted average trading price of the Company's shares on the Toronto Stock Exchange immediately prior to the date of the Financing Notice, and the number of shares to be issued under the Financing Notice was calculated based on the daily US/CAD exchange rate of 1.3611 posted by the Bank of Canada on the last business day prior to the date of the Financing Notice. Closing of the private placement under the Financing Notice is required to occur during June, 2017 and within 10 business days following payment of the subscription proceeds by the Investors to the Company, pursuant to the Subscription Agreement. The private placement forms part of the up to US$20 million financing approved by the Company's shareholders at the extraordinary general meeting of the Company held on October 26, 2016. For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the closing of the bridge financing, the use of proceeds of the bridge financing, the restructuring plan, and plans to develop the seafloor mining industry. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.6% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 17.5% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | June 6, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - June 6, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has closed its previously announced private placement pursuant to its financing notice dated May 19, 2017, delivered under the Company's subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended. At the closing, the Company issued an aggregate of 11,021,052 common shares to the Investors at an issue price of C$0.247 per share for aggregate proceeds to the Company of US$2,000,000. The private placement was allocated equally between the two Investors. The private placement forms part of the up to US$20 million financing approved by the Company's shareholders at the extraordinary general meeting of the Company held on October 26, 2016. For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the closing of the bridge financing, the use of proceeds of the bridge financing, the restructuring plan, and plans to develop the seafloor mining industry. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.9% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 18.0% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | May 9, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 9, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company's Launch and Recovery System (LARS) equipment has arrived at the Mawei shipyard in China. The LARS consists of very large A-frames, winches and ancillary equipment. Mike Johnston, Nautilus' CEO commented, "It is very exciting for us to see our equipment start to arrive at the Mawei shipyard in China. The next step for the LARS will be its integration onto the Production Support Vessel (PSV), commencing June after import/customs clearances and minor re-assembly. The LARS' installation marks the start of our equipment integration onto the PSV, and will be undertaken by Mawei shipyard personnel with support from Nautilus and the equipment vendors. The vessel build remains on schedule, and we look forward to seeing more of the equipment arrive for integration over the coming months." The LARS was built by AxTech on behalf of Soil Machine Dynamics as part of Nautilus' fabrication contract with Soil Machine Dynamics. It consists of very large A-frames, lift winches, hydraulic power units, electric power units and deck control cabins. The LARS will be used to launch and stabilize the Seafloor Production Tools during deployment from the vessel down to the seafloor and during retrieval from the seafloor back up to the vessel. Animation of how the LARS works: http://www.nautilusminerals.com/IRM/content/video/The_LARS_movie.mp4 For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the closing of the bridge financing, the use of proceeds of the bridge financing, the restructuring plan, and plans to develop the seafloor mining industry. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.2% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 16.9% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | May 10, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 10, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces the release of its unaudited consolidated Financial Statements for the first quarter ended March 31, 2017, together with Management's Discussion and Analysis. Mike Johnston, Nautilus' CEO, commented, "It was very pleasing to see the SPTs arrive in PNG where they will undergo submerged trials in the coming months. We now remain focused on the build of the Production Support Vessel and the integration of the rest of the equipment on it. Subject to further financing, we remain on schedule to develop the world's first commercial high grade seafloor copper-gold mine at the Solwara 1 project site in Q1 2019*." The unaudited Financial Statements and Management's Discussion and Analysis will be filed on www.sedar.com and will also be available on the Company's website http://www.nautilusminerals.com/IRM/ShowCategory.aspx?CategoryId=305&FilterStyle=B&archive=true&masterpage=311&year=2015&RID=400 For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release contain forward-looking information within the meaning of applicable securities laws, including statements with respect to plans to commence seafloor operations in Q1 2019. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the previously announced restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.2% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 16.9% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | May 11, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 11, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has closed its previously announced private placement pursuant to its financing notice dated April 19, 2017, delivered under the Company's subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended. At the closing, the Company issued an aggregate of 11,197,488 common shares to the Investors at an issue price of C$0.239 per share for aggregate proceeds to the Company of US$2,000,000. The private placement was allocated equally between the two Investors. The private placement forms part of the up to US$20 million financing approved by the Company's shareholders at the extraordinary general meeting of the Company held on October 26, 2016. For more information please refer to www.nautilusminerals.com. The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the closing of the bridge financing, the use of proceeds of the bridge financing, the restructuring plan, and plans to develop the seafloor mining industry. We have made numerous assumptions about such statements, including assumptions relating to the bridge financing, project funding, completion and operation of the Company's seafloor production system and assumptions regarding the timing and effect of the restructuring plan, including securing agreements with third parties to complete the construction of the remaining seafloor production system within certain timeframes. Even though our management believes the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking information by its nature involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information. Please refer to our most recently filed Annual Information Form in respect of material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating to the Company's business and plans for development of the Solwara 1 Project. Risks related to advancing towards production include the risk that the Company will be unable to obtain at all or on acceptable terms the remaining financing necessary to fund completion of the build, testing and deployment of the Company's seafloor production system and that agreements with third party contractors for building slots within certain timeframes are not secured as required. As the Company has not completed an economic study in respect of the Solwara 1 Project, there can be no assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Risks related to the restructuring plan include the risk that the plan cannot be implemented as expected, the risk that the plan does not result in the cost savings expected and the risk that the restructuring plan and the bridge financing do not provide sufficient time for the Company to secure project financings for the Solwara 1 Project. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 28.6% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 17.5% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).


News Article | September 26, 2017
Site: globenewswire.com

TORONTO, Sept. 26, 2017 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the "Company" or "Nautilus") provides the following update on its operations. The Company continues to explore financing opportunities in order to maintain the development of the Solwara 1 Project and the Company's operations. As previously disclosed, the Company requires significant additional funding in order to complete the build and deployment of the seafloor production system to be utilized at the Solwara 1 Project by the Company and its joint venture partner (as to 15%), the Independent State of Papua New Guinea’s nominee. Based on the Company's current cash position and budget, in order to maintain the Company's operations and the development of the Solwara 1 Project, the Company needs to obtain new funding of approximately US$41 million prior to the end of 2017 and, in particular, at least approximately US$15 million is required before October 31, 2017 in order to meet the Company’s contractual commitments in relation to certain of the equipment forming part of the seafloor production system. The Company is in active discussions with various parties, including existing shareholders, regarding potential financing transactions and alternatives. There can be no assurances that the Company will be successful in securing the necessary additional financing transactions within the required time or at all. Failure to secure the necessary financing may result in the Company engaging specialist advisors and taking various steps aimed at maximizing shareholder value such as undertaking various transactions including, without limitation, asset sales, joint ventures and capital restructurings. The Company will provide further updates as circumstances warrant. For more information please refer to www.nautilusminerals.com or contact: The TSX does not accept responsibility for the adequacy or accuracy of this press release. Certain of the statements made in this news release may contain forward-looking information within the meaning of applicable securities laws, including statements with respect to the Company's funding requirements. We have made numerous assumptions about such statements, including  assumptions  relating to project funding requirements and commitments and the operation of the Company's  seafloor  production  system. Even  though  our  management  believes  the  assumptions  made and  the  expectations represented by such statements are reasonable, there can be no assurance that they will prove to be accurate. Forward-looking  information  by  its  nature  involves  known  and  unknown  risks,  uncertainties  and  other  factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking  information.  Please  refer  to  our  most  recently  filed  Annual  Information  Form  in  respect  of  material assumptions and risks related to the prospects of extracting minerals from the seafloor and other risks relating  to  the  Company's  business  and  plans  for  development  of  the  Solwara  1  Project.  Risks related to continuing the Company's operations and advancing the development of the Solwara 1 Project  include the risk that the Company will be unable to obtain at all or on acceptable terms, and within the timeframes required, the remaining financings necessary to continue operations and fund the completion of the build, testing and deployment of the Company's seafloor production system. As  the  Company  has  not  completed  an  economic  study  in  respect  of  the  Solwara  1  Project,  there  can  be  no  assurance that the Company's production plans will, if fully funded and implemented, successfully demonstrate that seafloor resource production is commercially viable. Except as required by law, we do not expect to update forward-looking  statements  and  information  as  conditions  change  and  you  are  referred  to  the  full  discussion  of  the  Company's  business  contained  in  the  Company's  reports  filed  with  the  securities  regulatory  authorities  in  Canada. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site. Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific. A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 29.3% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 18.5% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company’s share loan plan).

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