News & Videos - NAUTILUS MINERALS NUSMF - English - Page 2

TORONTO, July 12, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the " Lender ") in the principal amount of US$650,000 under the previously announced loan agreement (the " Loan Agreement ") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million....

TORONTO, July 04, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has been notified by Fujian Mawei Shipbuilding Ltd (the “Shipyard”), the owner of the shipyard where Nautilus’ Production Support Vessel (the “PSV”) is being built, that the Shipyard has rescinded the shipbuilding contract between the Shipyard and MAC Goliath Pte Ltd (“MAC”), the contractor engaged by Nautilus to procure...

TORONTO, June 25, 2018 (GLOBE NEWSWIRE) -- 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 76.4% of the issued shares were represented. Shareholders voted strongly in favour of all resolutions brought before them. The Company provides the following report on the voting results of the matters considered at the AGM, the particulars of...

TORONTO, June 12, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") is delighted to announce that the Company’s PNG County Manger, Mel Togolo, has been knighted by the Queen for service to economic development, particularly in the mining and petroleum sectors, and to the community. Tariq Al Barwani, Nautilus’ Chairman, commented, “It is our pleasure to congratulate Mel for this much deserved knighthood. He has...

TORONTO, June 12, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the " Lender ") in the principal amount of US$1.3 million under the previously announced loan agreement (the " Loan Agreement ") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million....

TORONTO, June 11, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it has entered into a loan agreement with Deep Sea Mining Finance Ltd. (the " Lender ") formalizing the previously disclosed secured structured credit facility of up to US$34 million. The Company, and its wholly-owned subsidiaries Nautilus Minerals Niugini Limited (" NMN ") and Nautilus Minerals Pacific Pty Ltd. (" Nautilus Pacific "),...

TORONTO, June 06, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that is has commenced wet testing of its new seafloor diamond drill rig, which the Company has developed to relieve the drilling requirements of its future exploration programs. Mike Johnston, Nautilus’ CEO commented, “According to our recently released Preliminary Economic Assessment for Solwara 1, a single quarter's production at...

TORONTO, May 24, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it has successfully completed the first trial of its newly developed autonomous sediment sampler. The insect-inspired creation is dubbed the “Nautilus Jumping Spider” and resembling its animal namesake, it sports a number of “tubular” legs. On landing on the seafloor, a mechanical trigger starts the suction system that delivers...

TORONTO, May 14, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it has entered into an amending agreement with M. Horn & Co. Ltd. (the " Advisor ") pursuant to which the Advisor will provide the services under the existing funding mandate agreement on a non-exclusive basis. Previously the Advisor was engaged on an exclusive basis (see news release dated January 8, 2018). The Company believes that a...

TORONTO, April 30, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it continues to arrange bridge loans from Deep Sea Mining Finance Ltd. (the " Lender ") and is providing a corporate update on the Company's affairs. US$1.6 Million Bridge Loan To date the Company has received bridge loans from the Lender totaling US$11,250,000. In conjunction with the most recent loan of US$1.6 million, the Company...

TORONTO, April 03, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces a correction to its press release issued March 29, 2018 titled “Nautilus Minerals Seafloor Production Vessel Launched” (see link below). The second paragraph of the press release states that the Mawei Yard has designed and built the world’s first Deep Sea Mining Production Support Vessel, in cooperation with Nautilus and Marine...

TORONTO, April 03, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it continues to arrange bridge loans from Deep Sea Mining Finance Ltd. (the " Lender "), which are expected to form part of a larger secured structured credit facility of up to US$34 million to be provided by the Lender to the Company. To date the Company has received bridge loans from the Lender totaling US$9,650,000. In conjunction...

TORONTO, March 29, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that its production support vessel was today launched at the Mawei shipyard in China. The vessel will 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. Mike Johnston, Nautilus’ CEO commented at the launch, “Today’s launch is a significant milestone...

TORONTO, March 27, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces the appointment of Mr. Jonathan Whitworth to the role of independent non-executive Director and grants loan shares and options to directors, officers and employees of, and key contractors to, the Company. Nautilus’ Chairman Tariq Al Barwani commented, “I’m very pleased to welcome another Independent Director to the Nautilus Board....

TORONTO, March 22, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that Mr. Jay Layman has been appointed to the role of independent non-executive Director. Nautilus’ Chairman Tariq Al Barwani commented, “It is a pleasure to welcome Jay to the Nautilus Board of Directors. Jay’s diverse background in successful project development, corporate development, finance, and innovation makes him well suited...

TORONTO, March 05, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces that it continues to arrange bridge loans from Deep Sea Mining Finance Ltd. (the " Lender "), which are expected to form part of a larger secured structured credit facility of up to US$34 million to be provided by the Lender to the Company. To date the Company has received bridge loans from the Lender totaling US$6,650,000. In conjunction...

TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") announces a correction to its press release issued earlier today. The press release (see link below), titled “Nautilus Announces Preliminary Economic Assessment for its Solwara 1 Project”, contained a typo in the third bullet point on the first page. The reference to "~3,200 t/mth" should have been to "~3,200 t/d" as follows: 15 month ramp up to...

TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSM) (Nasdaq Intl Designation) (the " Company " or " Nautilus ") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") prepared by AMC Consultants Pty Ltd (“AMC”), contained in an independent National Instrument 43-101 ("NI 43-101") technical report, for the development of the Solwara 1 Project in the Bismarck Sea of Papua New Guinea (“PNG”). The PEA details the proposed production...

TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the "Company" or "Nautilus" ) is pleased to advise it has appointed Mr Wayne Knott to the role of Chief Operating Officer (“COO”), commencing March 19, 2018, as it moves towards starting its first seafloor mining operations in Papua New Guinea in 2019.* Mr Knott is a metallurgist with over 30 years of mining industry experience, with particular expertise in dredging, operational start-ups and reviews....

TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the " Company " or " Nautilus ") is pleased to provide an update on the status of construction of its Production Support Vessel and associated equipment, 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. Mike Johnston, Nautilus’ CEO, commented: “Mawei Shipyard continues to make excellent progress on the Production...