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NUS Nautilus Di

23.75
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nautilus Di LSE:NUS London Ordinary Share CA6390971043 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 23.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Nautilus Nautilus Minerals Appoints Interim President and CEO

31/10/2012 11:24am

UK Regulatory



 
TIDMNUS 
 
Nautilus Minerals Appoints Interim President and CEO 
FOR:  NAUTILUS MINERALS INC. 
 
TSX SYMBOL:  NUS 
OTCQX SYMBOL:  NUSMF 
AIM SYMBOL:  NUS 
 
October 31, 2012 
 
Nautilus Minerals Appoints Interim President and CEO 
 
TORONTO,  ONTARIO--(Marketwire - Oct. 31, 2012) - Mr Geoff Loudon, Chairman of Nautilus Minerals Inc. (the "Company"  or 
"Nautilus")  (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) is pleased to announce that Mr Mike Johnston, Nautilus' Vice President  for 
Strategic  Development  and Exploration has accepted the position of interim President and CEO,  effective  immediately. 
After  more  than four years as President and CEO, Mr Rogers has decided to return interstate to be with his family;  he 
will however, remain a non-executive director of Nautilus. 
 
With Mr Johnston's appointment on an interim basis, the Nautilus Board intends to undertake a formal recruitment process in 
order  to  appoint  a  permanent President and CEO for Nautilus going forward. Mr Johnston will be considered  for  this 
permanent position together with other candidates. 
 
Geoff Loudon, Chairman of Nautilus noted: "Firstly, I wish to formally thank Steve for his hard work and dedication over the 
last  six  years, four of which were spent in the role of President and CEO. Mr Johnston's appointment is the result  of 
his demonstrated leadership ability and extensive experience in mining projects. Nautilus remains clearly focused on the 
construction  and  delivery  of  our first project, Solwara 1 and Mr Johnston has the skills  to  successfully  position 
Nautilus as the world's leading deepwater exploration and seafloor resource production company." 
 
Mr Johnston remarked: "I look forward to continuing to work with the world class team that Nautilus has assembled and to build 
Nautilus into a major copper, gold and zinc producer." 
 
Mr Johnston joined Nautilus in 2006 as the Vice President for Strategic Development and Exploration. During his time with 
Nautilus Mr Johnston has been instrumental in the Company delivering the first resource in accordance with NI 43-101 for 
a  seafloor  massive  sulphide system and in obtaining the first licence granted to a publicly  listed  company  by  the 
International  Seabed  Authority. Mr Johnston was formerly the General Manager for Exploration  with  Placer  Dome  Asia 
Pacific,  where  he oversaw Placer Dome's exploration efforts in Australia and Asia and was a senior  member  of  Placer 
Dome's  exploration and Asia-Pacific operations management team. Prior to this role, Mr Johnston was technical  services 
manager  for  Placer Dome at the massive Porgera Gold Mine in the highlands of Papua New Guinea, where  he  managed  the 
technical teams responsible for exploration, geology, geotech and engineering within the 210,000 tonnes per day open pit 
and 3,000 tonnes per day underground operations. Mr Johnston has been involved in Papua New Guinea for 18 years. 
 
With more than 25 years of experience in the mining industry, 11 of which were with Placer Dome, and a further 6 years with 
Nautilus, Mr Johnston, brings to Nautilus a strong knowledge of the mining industry, people, decision makers,  and  laws 
throughout PNG and the Asia-Pacific region. He also has extensive ore reserve and project evaluation experience, a track 
record  of  finding ore bodies, and a strong understanding of all aspects of deep sea mining, through his management  of 
Placer Dome's involvement in the Solwara Projects. 
 
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. 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Nautilus Minerals Inc. (Toronto) 
Investor Relations 
+1 (416) 551 1100 
investor@nautilusminerals.com 
www.nautilusminerals.com 
 
OR 
 
Numis Securities Limited 
Nominated adviser: Alastair Stratton/Stuart Skinner 
Corporate broking: James Black 
+ 44(0) 20 7260 1000 
 
OR 
 
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. 
 
 
 
 
 
Nautilus Minerals Inc. 
 

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