| ||Toronto Ontario, November 14, 2012 - Nautilus Minerals Inc. (TSX & AIM: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces the release of its unaudited consolidated financial results for the third quarter ended September 30, 2012 (the "Financial Statements") together with Management's Discussion and Analysis.|
The Financial Statements and Management's Discussion and Analysis have been filed on www.sedar.com and are also available on the Company's website www.nautilusminerals.com/s/Investors-Financials.asp.
- $90.9 million (equivalent) in cash and cash equivalents as at September 30, 2012
- Issue of Options and Loan Shares
- Issue of 37.7 million shares in private placement to raise approximately C$34 million
- NI 43-101 Resource Report for Polymetallic Nodules in the Eastern Pacific released
- Change of CEO
- Discovery of two high grade systems in Tonga
- Termination of Equipment Build for Solwara 1 Project
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, nor 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 more than 500,000 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 11.1% interest and MB Holdings, an Oman based group with interests in mining, oil & gas, which holds a 16.9% interest.
View this News Release in PDF:
You can view the Next News Releases item: Mon Dec 17, 2012, Nautilus Minerals End of Year Shareholder Update
You can view the Previous News Releases item: Tue Nov 13, 2012, Nautilus Minerals terminates equipment build for its Solwara 1 Project
You can return to the main News Releases page, or press the Back button on your browser.