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NUS Nautilus Di

23.75
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Nautilus Di NUS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 23.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
23.75 23.75
more quote information »

Nautilus Minerals NUS Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 03/3/2019 13:14 by wstirrup
Just received a snippet of News regarding some New technology, to make finding Resources a quantum leap easier... and guess who is using that technology?

Yep... NUS (at least unless they have unloaded Solwara-1 to someone else?)

Shame, I don't have any, and no way to get some.
Posted at 17/6/2013 21:17 by zangdook
hxxp://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=588173

June 12, 2013
Nautilus Announces Closing of Rights Offering

Toronto Ontario, June 12, 2013 - Nautilus Minerals Inc. (TSX: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces that it has received gross proceeds of C$40 million before expenses as a result of the successful closing of its rights offering through the issuance of 200,000,000 common shares at a subscription price of C$0.20 per common share.

Under the rights offering, 125,485,507 common shares were issued under the initial subscription with 25,136,966 common shares issued under the additional subscription. In total 150,622,473 common shares were subscribed for under the rights offering representing over 75% of the total shares on offer.

Mr Mike Johnston, Nautilus' CEO commented "it is very encouraging to see such a high level of support for the Company from its existing shareholders."

As previously announced, one of the Company's major shareholders, MB Holding Company LLC, through a wholly owned subsidiary, agreed to act as a Standby Purchaser in respect of the rights offering and purchased the remaining 49,377,527 common shares that were not otherwise subscribed for under the offering, in consideration for a fee of C$2 million.

The net proceeds from the offering will be used by the Company to continue funding its three key contracts related to the Seafloor Production System. The key contracts include the build of the Seafloor Production Tools by Soil Machine Dynamics Ltd, the supply of the Subsea Slurry Lift Pump by GE Hydril and the procurement of the rigid riser system by General Marine Contractors LLC. The Company believes that continuing with these key contracts will ensure the Company is in the best possible position to advance the Solwara 1 Project following resolution of the dispute with the State of PNG. To that end, the Company continues to meet with senior representatives of the State, including National Executive Council Ministers, with a view to amicably resolving the dispute as soon as possible.

The total number of issued and outstanding shares of the Company is now 436,772,865.

MB Holding Company LLC, directly and through its subsidiary Mawarid Offshore Mining Ltd, now owns 28.00% of the Company's shares, Metalloinvest owns 20.75% and Anglo American holds 5.95%.
Posted at 16/4/2013 13:43 by zangdook
Rights details are out:



April 15, 2013
Nautilus files final Prospectus for fully backstopped C$40M Rights Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Toronto Ontario, April 15, 2013 - Nautilus Minerals Inc. (TSX: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") has today filed a final short form prospectus in each province of Canada, other than Quebec, in respect of its previously announced fully backstopped rights offering to raise gross proceeds of C$40,000,000 through the issuance of rights to subscribe for an aggregate of 200,000,000 common shares at a subscription price of C$0.20 per common share. The offering is being made to all eligible existing shareholders, as disclosed in the final prospectus.

One of the Company's major shareholders, MB Holding Company LLC, through a wholly owned subsidiary, will act as Standby Purchaser in respect of the full offering by purchasing all of the common shares that are not otherwise subscribed for by eligible existing shareholders under the offering, subject to certain conditions as disclosed in the Standby Purchase Agreement, which has been filed on SEDAR, in consideration for a fee of C$2 million.

Nautilus' CEO, Mike Johnston, commented, "We felt it was important that all eligible existing shareholders were provided with an opportunity to participate in the current offering and we are very pleased with the demonstration of support from MB to ensure the offering is a complete success which will enable the Company to be in the best possible position to advance the Solwara 1 Project following resolution of the dispute with the State of PNG."

The net proceeds from the offering will be used by the Company to continue funding its three key contracts related to its Seafloor Production System, intended to be used at the Company's Solwara 1 Project.

The offering is being made to the holders of Nautilus' common shares of record at the close of business (Vancouver time) on April 25, 2013. The rights available under the offering will be eligible for exercise from May 1, 2013 until 2:00 p.m. (Vancouver time) on May 31, 2013.

The Company will issue one right for each outstanding common share. Each right will be exercisable to acquire 0.844335 common shares of the Company, upon payment of the subscription price. Fractional shares will not be issued. To illustrate: a holder of 1,000 shares as of the record date would, subject to the laws of their jurisdiction, be issued 1,000 rights, which would entitle him or her to subscribe for 844 shares for a price of C$168.80 (844x$0.20).

The prospectus and a rights certificate will be mailed to each shareholder of record on April 25, 2013, subject to applicable law. The rights will be posted for trading on TSX (on a "when issued" basis), and the Company's common shares will commence trading on TSX on an ex-rights basis on April 23, 2013, and will continue until 9:00 a.m. (Vancouver time) on May 31, 2013.

The offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the Toronto Stock Exchange.
Posted at 03/4/2013 13:03 by waldron
April 03, 2013
Nautilus Minerals General Investor Update

--------------------------------------------------------------------------------

Toronto Ontario, April 3, 2013 - Nautilus Minerals Inc. (TSX: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") will hold a conference call and audio/webcast on Thursday, April 4, 2013 at 10.00 a.m. Eastern Daylight Time (3.00 p.m. London/BST).

Conference Call Details

Webcast link:

Dial-in numbers:

International Dial In: +61 2 8524 5042
Australia: 1800 801 825
Canada: 1855 842 3490
United Kingdom: 0800 0150 9725
United States of America: 1855 298 3404

Attendee Passcode: 8258835

If your country dial-in number is not included here please email investor@nautilusminerals.com

A presentation to support the conference call will be posted on www.nautilusminerals.com for download by 9:30 a.m. EDT (Toronto) on Thursday, April 4, 2013.
Posted at 01/2/2013 14:08 by topinfo
NUS You do all know who the major shareholders are dont ya. They are No Muppets!

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.
Posted at 01/2/2013 12:52 by topinfo
Bailey last unsolicited bid was $1.10 CAD which was 69p. Current share price on TSX NUS is $0.45 which is 28p-30p by my calcs and thats at its low now. No reason NUS will get sold off anymore on TSX after this news re LSE but I do think it will get bought up here as 25% cheaper than their price and soon all stock will be on TSX anway.

Good news or a bid may still come out, todays Rns doesnt change that at all.
Posted at 13/1/2013 12:16 by makday
From iii

The term is "any and all" tender offer

which means, the aim is for MB to take as much control as possible from shareholders so that he can increase his voting right (and ultimately outsted the existing bod).

on the day the formal bid is submitted and files in exchange (NUS will issue RNS on this), broker who is working on behalf of MB will buy from any of us who wants to sell, at 69p (so expect share price to spike and stay at closer to 69p)


but of course, you dont have to sell if you dont want too, but those want to sell, will be able to do so at 69p. by doing this, MB will get as much share ownership and voting right as possible.

however, until MB files the formal bid, the share price wont go near 69p (hence why we are still trading sub 40p). AND, MM will be more than happy to buy these shares at very low price (they may even drop the ask/bid price to encourage more sellers so that they/MM can accumulate as much shares as possible). These MM will make easy money by accumulating now and sell later soon at 69p.

Not sure within how many days formal bid must be submitted to the securities exchange but I would have thought within 7-10 days by canadian law.

and yes, MB published his intention of takeover in press first before sending the offer to NUS as this is what its called "hostile" takeover. though now he changed it for a better - "any and all" tender offer which means his broker will start buying shares in the market at premium 69p as soon as formal bid is filed, without requiring majority approval from existing shareholder of NUS for takeover.

and yes, this will be under investigation by canada securities exchange should MB attempted to benefits from this takeover press, and after numerous press releases, I am pretty sure this is as genuine as its get.

another thing is, MB is also watching the price reaction to his press release. He wont be able to reduce the offer price but he CAN increase the offer price (as he evidently just did) if he feels that this will get him the best chance of securing much more share ownership. so, dont be surprised if when he filed his formal bid next week hopefully, the price will be even higher. so minimum at this stage will be 69p
Posted at 11/1/2013 21:06 by lorn4
NUS - Bailey announces tender offer for any and all outstanding shares of Nautilus Minerals Inc (TSX:NUS)at $1.10 per share in cash



https://research.tdwaterhouse.ca/research/public/Stocks/NewsArticle/ca/NUS?documentKey=100-011w2849-1
Posted at 09/1/2013 20:14 by topinfo
NUS get in there. Hope none of ya sold your NUS when there was scaremongering going on earlier!!!!!!!!!!!



Former Nautilus Minerals Ltd. advisory board member joins Michael Bailey's Takeover Bid
Archive, Mining, Top Stories | Financial Press | January 9, 2013 3:02 PM

Robbert Gooden former advisor to Nautilus will take job as interim Chairman of the Board

OTTAWA, ONTARIO–(Financial Press – Ottawa – January 9, 2013) – Robbert Gooden the former cheif scientific advisor to Nautilus minerals has joined Michael Bailey and his family office solely controlled by him in the commencement of a tender offer for all outstanding shares of common stock of Nautilus Minerals Ltd. (TSX:NUS) for $0.97 per share, net to the seller in cash.

Mr. Gooden is currently the Chairman of Subsea Minerals Ltd. and was a former senior advisory board member to Nautilus Minerals Inc. Mr. Gooden will assume the role of interim chairman of the board at closing.

Under the terms of the tender offer, the family office controlled solely by Michael Bailey will commence a hostile all cash bid to purchase all the outstanding shares of Nautilus Minerals Ltd. for $0.97 CAD per share for an aggregate purchase price of $237.99 million CAD. This represents a 108.6 % premium to the previous day closing price of Nautilus' stock.

The tender offer is scheduled to expire at 12:00 midnight, Eastern Standard Time, on March 1, 2013, unless the tender offer is extended. The tender offer is conditioned on the tender of a majority of Nautilus's shares calculated on a fully-diluted basis, as well as the receipt of certain regulatory approvals and other customary closing conditions.

Gannibal Securities has been engaged to act as advisor in this transaction and will negotiate lock up agreements with major Nautilus Minerals shareholders Metalloinvest (21.0%), Anglo American(11.1%), MB Resources(16.9%) and Teck Resources(4.5%). The law offices of Bacchus Law will represent Mr. Bailey in this transaction. The Law firm of Fasken Martineau will no longer be representing Mr Bailey in this transaction due to conflicts of interest with current board members of Nautilus.

The family office controlled solely by Mr.Bailey currently owns a minority stake in the company and is now making a hostile bid to acquire 100% of the outstanding company stock with the intention of taking the company private to finance and execute the underwater mining business plan with Mr. Gooden expert guidance.

Michael Bailey, an experienced investor and resident of Canada is an algorithmic trader and formerly a member of the Band of Scoundrels, an elite group of high frequency proprietary traders that successfully shorted Citigroup and profited over $130M in October 2008.

The acquisition is expected to close March 2013; however, the close date is subject to customary closing conditions, including regulatory review in Canada.

Contact Info:

www.gannibalsecurities.com
Gannibal Securities Ltd.
45 O'Connor Streeet
Ottawa, Ontario, Canada
(613) 698-7590
Posted at 09/1/2013 11:28 by topinfo
Getting started share price at NUS is low coz peeps dont quite believe its genuine but that article you just posted suggested it is very genuine which means there is 25p upside + at NUS to be made when it comes formal. Im in for the gamble but dont think its that risky really when you know what NUS should be worth anyway!

Ta

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