Nautilus Minerals Inc.

TORONTO, Dec. 27, 2017 -- Nautilus Minerals Inc. announces that Russell Debney has, effective December 27, 2017, resigned as Chairman and director of Nautilus and as director and officer, as applicable, of each of the Company's operating subsidiaries. The Company wishes to thank Mr. Debney for his many years of service to the Company. Following Mr. Debney's resignation, the Company is actively seeking the appointment [...]

Nautilus Minerals is providing an update to its funding requirements set forth in the Company's December 4, 2017 press release . Discussions with various parties including the major shareholders continue. These discussions have taken longer than expected but the Company remains positive that the discussions will be concluded soon. There can be no assurances that the Company will be successful in securing the [...]

TORONTO, Dec. 11, 2017 -- Nautilus Minerals Inc. announces that Fujian Mawei Shipbuilding Ltd , the owner of the shipyard where Nautilus’ Production Support Vessel is being built, has notified the Company that MAC Goliath Pte Ltd , the buyer of the PSV, has failed to pay the third installment of the contract price . Under the shipbuilding contract between the Shipyard and MAC , MAC is required to rectify the [...]

Nautilus Minerals is providing an update to its funding requirements set forth in the Company's November 1, 2017 press release . Discussions with various parties involved in the manufacture of the Seafloor Production System continue. The Company is making progress with respect to deferring some of its immediate cash flow requirements and as a result, the Company is updating its previous reference to a funding [...]

TORONTO, Nov. 14, 2017 -- Nautilus Minerals Inc. announces the release of its unaudited consolidated Financial Statements for the third quarter ended September 30, 2017, together with Management's Discussion and Analysis. Q3 2017 Significant Events Received US$2 million through the US$20 million bridge financing facility provided by the Company’s two largest shareholders during Q3 2017. Announced the [...]

Nautilus Minerals is providing an update to its funding requirements set forth in the Company's September 26, 2017 press release (see links section below). The Company continues to be in discussions with various parties involved in the manufacture of the Seafloor Production System, and the Company is making progress with respect to deferring some of its immediate cash flow requirements. As a result, the Company is [...]

TORONTO, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the "Company" or "Nautilus") announces changes to its board of directors with the appointment of John McCoach following the resignation of Mark Horn. Russell Debney, Nautilus Minerals' Chairman said, “I would like to thank Mark for his valuable contribution to the Company over the past four years and we look forward to our [...]

TORONTO, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the "Company" or "Nautilus") is happy to provide an update on the status of its seafloor production system, to be used by Nautilus and its partner, Eda Kopa (Solwara) Limited at the Solwara 1 Project site, in the Bismarck Sea of Papua New Guinea (PNG). Mike Johnston, Nautilus’ CEO commented: “The Company is pleased by [...]

TORONTO, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the "Company" or "Nautilus") announces that it has entered into a Funding Mandate Agreement (the "Agreement") with Deep Sea Mining Finance Ltd. ("DSMF") pursuant to which DSMF will seek to leverage the international expertise and financial relationships of Nautilus' two major shareholders to assist in advancing the development of [...]

Toronto, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that Mark P. M. Horn has resigned as a director of Nautilus. Mark P. M. Horn has advised the Company that he will lead Deep Sea Mining Finance Ltd. ("DSMF"), a recently formed joint-venture between the two major shareholders of Nautilus, Metalloinvest Holding (Cyprus [...]