Nautilus Minerals Inc.: Sale of Shares by Non-Executive Director
09.01.2012 | Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Jan. 9, 2012) - Nautilus Minerals Inc. (TSX:NUS) (AIM:NUS) was notified on 6 January 2012 that Russell Debney, Non Executive Director, disposed of 63,000 common shares in the Company in four tranches.The first tranche of 20,000 shares was sold on December 29, 2011 at a price of C$1.94. The second tranche of 20,000 shares was sold on 30 December, 2011 at a price of $C1.90 per share. The third tranche of 13,000 shares was sold on January 4, 2012 at an average price of C$1.88 and the final tranche of 10,000 shares was sold on January 1, 2012 at a price of $1.9041 per share.
About Nautilus Minerals Inc.
Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits and is developing its first project at Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce gold, copper and silver. The company has been granted all necessary environmental and mining permits.
Nautilus also holds approximately 600,000 square kms of highly prospective exploration acreage and tenements under application in the western Pacific; in PNG, the Solomon Islands, Fiji, Vanuatu and Tonga, as well as in international waters in the eastern Pacific.
A Canadian registered company, Nautilus is listed on the TSX and AIM stock exchanges and has its corporate office in Brisbane, Australia. Its major shareholders include Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 21% holding, and global mining group Anglo American, which holds an 11% interest.
Neither the TSX nor the London Stock Exchange accepts responsibility for the adequacy or accuracy of this press release.
Contact Information
Nautilus Minerals Inc. (Toronto)
Investor Relations
+1 (416) 551 1100
investor@nautilusminerals.com
Nautilus Minerals Inc.
Joe Dowling
Vice President Investor Relations and Communications
+61 (7) 3318 5544 or Cell: +61 431 365 741
jjd@nautilusminerals.com
www.nautilusminerals.com
Numis Securities Limited
Nominated adviser: Stuart Skinner
Corporate broking: James Black
+ 44(0) 20 7260 1000