| ||Toronto, Ontario, June 20, 2012 - Nautilus Minerals Inc. ("Company" or "Nautilus") announces the results of its Annual General Meeting ("AGM") held today in Toronto, Ontario, at which 69.5% of the issued shares were represented. Shareholders voted strongly in favour of all resolutions brought before them.|
Geoffrey Loudon, Nautilus Minerals' Chairman said "he appreciated the continued support of shareholders during the year."
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 18, 2012:
Mr. Loudon also formally thanked Mr David DeWitt, who did not stand for re-election this year. Mr. Loudon said "Mr. DeWitt's counsel and service on the Board of Directors over the past six years has been invaluable and we all wish him well in his future endeavours."
- Election of Directors: Geoffrey Loudon, Stephen Rogers, Russell Debney, Matthew Hammond and Cynthia Thomas were re-elected as Directors of the Company for the ensuing year.
- Appointment and Remuneration of Auditor: PricewaterhouseCoopers LLP were re-appointed the auditor of the Company for the ensuing year and the Directors were authorised to fix their remuneration.
For more information please refer to www.nautilusminerals.com or contact:
Nautilus Minerals Inc. (Toronto)
Tel: +1 (416) 551 1100
Numis Securities Limited
Nominated adviser: Alastair Stratton/Stuart Skinner
Corporate broking: James Black
Tel: + 44(0) 20 7260 1000
Dahlman Rose & Co., LLC
Christopher R. Weekes
1301 Avenue of the America's
New York, NY 10019
Direct: +1 212 372 5766
Neither the TSX, London Stock Exchange or the OTCQX accepts responsibility for the adequacy or accuracy of this press release.
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 copper, gold and silver. The company has been granted all necessary environmental and mining permits.
Nautilus also holds approximately 600,000 km2 of highly prospective exploration acreage 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:NUS and AIM:NUS stock exchanges and OTCQX: NUSMF. Its corporate office is in Brisbane, Australia. Its major shareholders include Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 21% holding, global mining group Anglo American, which holds an 11% interest and MB Holdings, an Oman based group with interests in mining, oil & gas, which holds a 9.98% interest
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