We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 |
| Top Posts |
|---|
Posted at 15/2/2014 03:17 by zangdook Well, here's what happens:Toronto Ontario, February 13, 2014 - Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces that contrary to the arbitrator's award of 2 October 2013, the Independent State of Papua New Guinea has not completed the purchase of its 30% interest in the Solwara 1 Project. In accordance with the State Equity Option Agreement signed by the parties in March 2011, Nautilus has terminated the Agreement and will now claim damages. Nautilus continues to seek an amicable resolution of the dispute with the State. The Company will hold an investor conference call and audio/webcast on Tuesday, 18 February, 2014 at 10.00 a.m. Eastern Standard Time. |
Posted at 03/4/2013 13:03 by waldron April 03, 2013Nautilus 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@nautilusmin A presentation to support the conference call will be posted on www.nautilusminerals |
Posted at 05/3/2013 06:32 by jammytass watch out for large rise in tsx nus after 8 march the bod have screwed all aim investors that sell they have new info that will see the tsx price rise fast |
Posted at 10/1/2013 05:53 by getting started Companies:Nautilus Minerals Inc RELATED QUOTES Symbol Price Change NUS.TO 0.58 0.00 Robbert Gooden fromer 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.TO - News) 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.gannibalsecuriti Gannibal Securities Ltd. 45 O'Connor Streeet Ottawa, Ontario, Canada (613) 698-7590 |
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.gannibalsecuriti Gannibal Securities Ltd. 45 O'Connor Streeet Ottawa, Ontario, Canada (613) 698-7590 |
Posted at 09/1/2013 16:33 by topinfo Found another article NUS which looks a hell of alot more positive than that one posted earlier. It seems genuine to me. Take a look.Financial Press: Trader launches bold takeover of Nautilus Minerals 2 hrs 17 mins ago A daring bid is currently underway to all outstanding shares of common stock of Nautilus Minerals Ltd., a seafloor gold and copper exploration company. Ottawa based trader Michael Bailey announced the commencement of a tender offer for 97 cents CAD per share, net to the seller in cash. Nautilus' current share price is 58 cents. "I like Nautilus Minerals because the company is asset rich with a low share price," Bailey said. "They also have some of the highest grade gold deposits on earth. When this underwater mine goes into production it will change the industry." Nautilus explores the seafloor for massive sulphide systems, a potential source of high grade copper, gold, zinc and silver. The company is developing a production system using existing technologies adapted from the offshore oil and gas industry to enable the extraction of these high grade Seafloor Massive Sulphide (SMS) systems on a commercial scale. Nautilus also holds more than 500,000 km2 of highly prospective exploration acreage in the western Pacific; in Papua New Guinea, the Solomon Islands, Fiji, Vanuatu and Tonga, as well as in international waters in the eastern Pacific. Under the terms of the tender offer, the family company controlled by Michael Bailey will commence a hostile all cash bid to purchase all the outstanding shares of Nautilus for an aggregate purchase price of $237.99 million CAD. This represents a staggering 209 per cent premium to the previous day closing price of Nautilus' stock. "This was no sudden hostile takeover, I have been watching the company for some years now," said Bailey. "I met the management at the PDAC a few years back and was impressed by the plan. After the company's most recent struggles with the government of Papua New Guinea became public, I seized the opportunity." Nautilus owns the world's first seafloor copper and gold project, Solwara 1, which is under development in Papua New Guinea. The company suspended work on the seafloor mining project in the region last November, due to a year-long dispute with the Papua New Guinea government over the cost of developing the project. The issue is centred on the government's equity stake in the project, and the state has been trying to wangle its way out of whatever commitment it might have made to purchase equity in the project and take a share of the development costs. The recent developments in the mining jurisdiction have not distracted Bailey in his takeover bid. "Political risk is always a concern; however my goal would be to put less financial pressure on the government by offering royalties not tied to an investment and other strategies that would be a net benefit to the small country when the mine is fully operational," he said. The tender offer is scheduled to expire at on March 1, 2013, unless the tender offer is extended; however, it is not expected to take that long. "I will find out Monday of next week," Bailey said. "I am very confident as we have made a fair offer considering the company's current status." 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 per cent), Anglo American (11.1 per cent), MB Resources(16.9 per cent) and Teck Resources(4.5 per cent). The law offices of Faskin Martineau a national law firm will represent Bailey in this transaction. Bailey currently owns a minority stake in Nautilus, and is now making a hostile bid to acquire 100 per cent of the outstanding company stock with the intention of taking the company private to finance and execute the underwater mining business plan. If his takeover is successful, Bailey plans to immediately restart the building of the seafloor production system. Nautilus was granted a mining lease by the State of Papua New Guinea in January 2011, and the company went on to state in August that the project is not a recent development. The project equipment build at the end of June was approximately 51 per cent complete. Stephen Rogers, Nautilus CEO, issued a statement at the time saying that Nautilus was in talks with potential partners to sell a stake in the project, and that Nautilus may sell shares to help raise $100 million if it could not find a partner. Nautilus is in the process of finalizing details of the vessel financing, and securing a resolution to the current dispute with the Papua New Guinea government. Nautilus is still pursuing its efforts on both these matters. Nautilus has previously stated it may need to rely on the equity markets for future financing of its development of the project in Papua New Guinea, or alternate financing in the form of joint ventures. 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 $130 million in October 2008. "This year will be a banner year for gold exploration as we have reached a critical point in history," Bailey said. "I am confident that exploration firms will see massive inflows of capital as gold prices continue to rise." Gannibal Securities Michael Bailey info@gannibalsecurit (613) 698-7590 |
Posted at 09/1/2013 13:00 by topinfo Hostile bid for NautilusPosted on Tuesday, 08 January 2013 13:11 Nautilus Minerals was one of the top 10 risers in Toronto yesterday before being halted from trading after stock jumped 24.7 per cent on news a minority shareholder has come forward with a hostile bid worth CAD 237.99 million (USD 241.13 million). The family office controlled solely by Michael Bailey is attempting to win over other stakeholders with an offer which values the Canadian-registered polymetallic seafloor massive sulphide deposits explorer at CAD 0.97 apiece. According to a statement by advisor Gannibal Securities, the investor and algorithmic trader intends to take Nautilus private in order to execute the group's underwater mining business plan. Nautilus claims to be the first company to explore the ocean floor for deposits such as copper, zinc, gold and silver. The firm holds more than 500,000 square kilometres of highly prospective acreage in the western Pacific: in PNG, the Solomon Islands, Fiji, Vanuatu and Tonga, as well as in international waters in the eastern Pacific. Its main focus in 2012 was the Solwara 1 project in the territorial waters of Papua New Guinea (PNG), where it aimed to extract copper, gold and silver. It has also been granted an environmental permit for this site. Nautilus is listed in Toronto and on London's Alternative Investment Market, though it also maintains a corporate office in the Australian city of Brisbane. Major shareholders include: Metalloinvest, the largest iron ore producer in Europe and the Commonwealth of Independent States, which has a 21.0 per cent holding; global mining group Anglo American with 11.1 per cent; and MB Holdings, an Oman-based group with interests in mining, oil and gas, with 16.9 per cent. As at 30th September 2012, Nautilus' market capitalisation was USD 221.00 million, compared to a net asset value of USD 274.00 million. The group currently has no source of revenue and has significant cash requirements in order to meet administrative overheads and maintain its property interests. |
Posted at 06/6/2012 08:52 by acta_topup it IS CHL all over again, nothing shakes investor confidence like something like this |
Posted at 27/12/2011 14:13 by andrbea "We aim to move 1.3 million tons of material per year," says Joe J. Dowling, vice president for investor relations and communications at Nautilus. At that rate, he says, the Solwara 1 resource should last at least two or three years. Hundreds of hydrothermal vent fields have been identified and thousands more may exist, but Dowling says that relatively few of them may be feasible or economical for mining.Beyond Solwara 1, the company is looking at another site 25 kilometers to the northwest, "and we expect to find other deposits in the Bismarck Sea in the coming years," Dowling says. Nautilus also has rights to areas near Tonga and Fiji, and applications pending with New Zealand and other countries. |
Posted at 28/3/2011 08:09 by grupo guitarlumber TIDMNUS Annual Financial Report FOR: NAUTILUS MINERALS INC. TSX, AIM SYMBOL: NUS March 24, 2011 Nautilus Annual Results TORONTO, ONTARIO--(Marketwire - March 24, 2011) - Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) ended 2010 in a strong financial position with US$165 million in cash and cash equivalents, and after making significant progress in the development of its pioneering seafloor resource project in the Bismarck Sea of Papua New Guinea. The company has today released its 2010 full year financial results, Annual Information Form and updated NI43- 101 Technical Report. The highlights of the year were as follows: /T/ =- Commencement of a major exploration drilling campaign in the Bismarck Sea, which has delivered an enhanced understanding of the Solwara 1 deposit. =- Advanced development of the Solwara 1 project, with the key contract for construction of Seafloor Production Tools (SPT) reinstated during the year =- Release of a comprehensive study outlining expected capital and operating costs associated with production of ore from the Solwara 1 deposit, which confirms the robust commercial aspects of the project (link to full study below in links section). /T/ Since the year end, the company has announced further major progress in the development of the Solwara 1 project, and in other exploration initiatives. /T/ =- In January, the PNG Government granted Nautilus the first Mining Lease in the Pacific region to allow deep sea resource development in the Bismarck Sea. The lease provides Nautilus with a 20 year licence to mine an area of approximately 59 km(2) surrounding Solwara 1, 50 km north of Rabaul, where Nautilus intends to mine high-grade copper and gold deposits on the seafloor, at depths of approximately 1600 metres. (link to full study below in links section) =- In March, the PNG government confirmed its intention to take a 30% stake in the Solwara 1 project as a joint venture partner. The government will contribute funds to the project in proportion to its interest, including its share of the exploration and development costs incurred to date. =- Also in January, Nautilus moved to a 100% interest in United Nickel Inc (since renamed), which has applied to the International Seabed Authority for a license to explore for polymetallic nodules in a 75,000 square kilometre area of the seafloor in the Clarion Clipperton Zone (CCZ) of the Eastern Pacific. The CCZ contains significant accumulations of polymetallic nodules, which may become an important source of copper, nickel and cobalt in the future. /T/ The company reported a loss of US$45 million for the year, with total expenses of US$46.5 million, including US$26 million in exploration costs, and wages and salaries of US$7.7 million. Total assets were US$207 million, including US$165 million in cash and cash equivalents, leaving the company well positioned for the ongoing development of the Solwara 1 project in 2011. "Nautilus made excellent progress in 2010, the most significant milestone being the grant of the Mining Lease early in the New Year," said Nautilus President and CEO Stephen Rogers. "We are now finalising an agreement with a potential joint venture partner, and our exploration drilling campaign has produced encouraging results. We look forward to further significant advancements in the project during the remainder of 2011," he said. Links Offshore Production System Definition and Cost Study: _3_21_June2010.pdf Nautilus Granted Mining Lease: The following documents have been filed on SEDAR www.sedar.com and are available from the Company's website, www.nautilusminerals /T/ 1. Audited consolidated financial statements and Management's Discussion and Analysis for the year ending December 31, 2010; 2. Annual Information Form. 3. National Instrument 43-101 Technical Report as at December 31, 2010 /T/ Nautilus Minerals Inc. Nautilus is the first company to commercially explore the ocean floor for polymetallic seafloor massive sulphide deposits and is currently developing its first project. The Company's main focus is the Solwara 1 project, which is located in the territorial waters of Papua New Guinea in the western Pacific Ocean. Nautilus is listed on the TSX and AIM stock exchanges, and has among its largest shareholders two of the world's leading international resource companies Anglo American (11.1%) and Teck Resources (6.8%), as well as Metalloinvest, one of the largest and fastest growing mining and metallurgical holding companies in Russia, which beneficially owns 21% of the Company's issued shares through Gazmetall Holding (Cyprus) Limited. Certain of the statements made in this news release may contain forward-looking statements within the meaning of the United States Securities Exchange Act of 1934 and forward-looking information within the meaning of applicable Canadian securities law. Forward-looking statements and forward-looking information include, but are not limited to statements or information with respect to the conclusion of the negotiations of a strategic partner relationship, the date of commencement of production and the annual rate of production from the Solwara 1 project and the amount of copper and gold to be derived there from, and the expansion of the resource base within the disclosed time period. We have made numerous assumptions about the material forward-looking statements and information contained herein, including among other things, that the possible strategic partners will continue to negotiate with Nautilus and the negotiations will be successfully concluded, that the planned annual rate of production will be achieved within the disclosed time period. Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Forward-looking statements and information by their nature involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking statements or information. Such risks, uncertainties and other factors include, among others, the risk that the potential strategic partners will not continue to negotiate with Nautilus in good faith or at all. Should one or more of these risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements and information. Although we have attempted to identify factors that would cause actual results to differ materially from those described in forward-looking statements and information, there may be other factors that cause actual results, performances, achievements or events to not be as anticipated, estimated or intended. Also, many of the factors are beyond our control. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly you should not place undue reliance on forward-looking statements or information. Except as required by law, we do not expect to update forward-looking statements and information as conditions change and you are referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Nautilus Minerals Inc. (Toronto) Investor Relations +1 (416) 551 1100 investor@nautilusmin www.nautilusminerals OR Nautilus Minerals Inc. Joe Dowling Vice President Investor Relations and Communications +61 (7) 3318 5544 or Cell: +61 431 365 741 jjd@nautilusminerals OR Numis Securities Limited John Harrison Nominated Adviser + 44(0) 20 7260 1000 OR Numis Securities Limited James Black Corporate Broking + 44(0) 20 7260 1000 Neither the TSX nor the London Stock Exchange accepts responsibility for the adequacy or accuracy of this press release. Nautilus Minerals Inc. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
