Nautilus Minerals Share Discussion Threads

[zangdook] 16/4/2013 13:43

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.

[waldron] 03/4/2013 13:03

April 03, 2013
Nautilus Minerals General Investor Update

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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: [phone]
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 [e-mail]

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.

[zangdook] 21/3/2013 12:28

Here's the actual news, bypassing the bot and its disguised 'directorstalk' link above:

[waldron] 15/3/2013 12:35

good find just news

Nautilus Minerals (NUS TO) C$0.395/s, C$97m – UK PM supports UK Seabed Resources

British Prime Minister comments on sub sea mining potential in the Pacific

•· David Cameron has voiced his support to put Britain at the forefront of international seabed mining
•· The PM commented at a seminar at the Excel centre in London that the business could be worth some £40bn to the UK economy over the next 30 years
•· The Department for Business, Innovation and Skills is in partnership with UK Seabed Resources, a new subsidiary of Lockheed Martin
•· The company has acquired licences and a contract to explore areas of the Pacific for polymetallic nodules.
•· It is possible that the may also focus on deep sea smokers
•· Maybe they will look to acquire Nautilus Minerals which has many years of good expertise in this area

[wstirrup] 14/3/2013 22:30

Interesting item on deep sea mining for PMs on BBC NW tonight, as engineering mining manufacturers were being featured...

I was expecting to see an up-tick as normally this triggers a bit of interest in Co's.. Maybe that will happen tomorrow!

W.

[waldron] 14/3/2013 17:15

there's still a lot we don't know

[waldron] 12/3/2013 11:41

FOLLOWING UNCLE JOHNS POST

4 INTEREST

[uncle john] 06/3/2013 09:52

FYI
This may be news to some as it is to me.
Saw a clip on tv, Japanese have a French oil contractor to do the mining. Currently testing and experimenting. These samples were taken from very deep ocean site. So will be more difficult than in PNG.

j

[waldron] 06/3/2013 09:35

2013 CALENDAR

Mar 27, 2013
Q4 2012 NAUTILUS MINERALS INC Earnings Release

[gerhart] 06/3/2013 08:11

Thanks Grupo if you own the thread. I look in here occasionally but don't add much. And I'm still holding - and hoping! Good luck to all.

[zangdook] 06/3/2013 07:46

continue. the other thread seems moribund.

[grupo guitarlumber] 05/3/2013 21:36

its near the end

do you posters wish me to continue
with the thread or are you going to debate
by other means

good luck all

take care and cheers

[nevik2] 05/3/2013 17:53

I'm holding.

[wigancasino] 05/3/2013 10:37

I think the fear of delisting and what do I do now mentality has probably influenced many to sell at a loss and just suck it up. I know with TD it is only a few more quid to sell on TSX so the more sensible approach is to let NUS ride. It beats taking a loss and after MM have hammered the price down tend to agree with jammy that can see upside after 8th March. Think the move off AIM could actually work for the BoD, think they will have to be more concerned about shareholder value if it's all in there own backyard.

Time will tell but I for one am happy to hold.

[zangdook] 05/3/2013 08:12

they have new info

and you have it too?

[jammytass] 05/3/2013 06:32

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

[grupo guitarlumber] 03/3/2013 07:23

March 7, 2013 Final trading day of the Company on AIM
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March 8, 2013 Cancellation of AIM listing