Nautilus Nautilus to Raise Funds and Continue Equipment Build

 
TIDMNUS 
 
Nautilus to Raise Funds and Continue Equipment Build 
FOR:  NAUTILUS MINERALS INC. 
 
TSX SYMBOL:  NUS 
OTCQX SYMBOL:  NUSMF 
AIM SYMBOL:  NUS 
 
August 1, 2012 
 
Nautilus to Raise Funds and Continue Equipment Build 
 
TORONTO, ONTARIO--(Marketwire - Aug. 1, 2012) - Nautilus Minerals (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) is to raise approximately 
CAD$34  million  through  a  private placement of common shares to assist with the continued  funding  of  its  Seafloor 
Production System. 
 
The placement will involve the issue of approximately 37.7 million shares to a number of investors at a price of CAD$0.90 per 
share. 
 
Nautilus  President and CEO, Steve Rogers, said the private placement would provide funds to continue the build  of  the 
company's  Seafloor  Production System (the "System") including key pieces of equipment such as the Seafloor  Production 
Tools and Riser and Lift System. 
 
"At the end of June 2012, the major equipment items of the System were 51% complete, and a significant percentage of the sub 
components have been delivered," said Mr Rogers. 
 
Existing Nautilus strategic shareholders, MB Holdings, Metalloinvest and Anglo American, are participating in the private 
placement. MB Holdings, through its wholly-owned subsidiary Mawarid Offshore Mining Ltd. ("Mawarid"), has subscribed for 
20.0 million shares, increasing its stake to 16.9%, Metalloinvest has subscribed for approximately 8.3 million shares to 
maintain its interest in Nautilus at 21%, and Anglo American has subscribed for approximately 4.4 million shares on  the 
basis  that its stake will be maintained at 11.1%. The subscription numbers and post-closing percentage holdings  assume 
the  completion of the private placement as planned. Other large investors have subscribed for the remaining 5.0 million 
shares to be issued. 
 
Mr Rogers said that there was strong support from the major shareholders for the company to maintain the build program for the 
System and ensure the realisation of deep sea resource production as an industry. 
 
Under the terms of the agreements, the private placement will be completed in two tranches, with the first closing taking 
place  on August 3, 2012. Nautilus has also increased the anti-dilution right previously granted to Mawarid as  part  of 
its 2011 subscription to reflect its new percentage ownership in the company. Mawarid has also been granted the right to 
nominate a director to the board of Nautilus as long as it maintains its ownership interest in Nautilus at 15% or  more. 
Mawarid's nominee, Dr. Mohamed Al Barwani, is the Chairman of MB Holdings LLC. His appointment will be made effective on 
closing of the second tranche and receipt of regulatory approval. 
 
The  private placement is subject to regulatory approval, including acceptance of the Toronto Stock Exchange. The second 
closing  will take place following receipt of all regulatory approvals. All securities will be subject to the  statutory 
four-month hold period in Canada. 
 
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 completion of the private placement and the Seafloor Production System.  We  have  made 
numerous  assumptions  about the material forward-looking statements and information contained herein,  including  among 
other things, that the approved project budget is an accurate estimate of the funding necessary to take the project into 
production  and that TSX will accept the private placement including the creation of a new insider, being the  principal 
beneficial  owner  of  Mawarid.  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 project budget is not an accurate  estimate  of 
funding required, the private placement is not successfully concluded by some or all parties or that regulatory approval 
in  respect of the private placement is not received. 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 Nautilus' business contained in Nautilus' reports filed 
with the securities regulatory authorities in Canada. 
 
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 approximately 600,000 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% interest and MB Holdings, 
an Oman based group with interests in mining, oil & gas, which holds a 9.98% interest. 
 
 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Nautilus Minerals Inc. (Toronto) 
Investor Relations 
[phone] 
[e-mail] 
www.nautilusminerals.com 
 
OR 
 
Numis Securities Limited 
Alastair Stratton/Stuart Skinner 
Nominated adviser 
+ 44(0) 20 7260 1000 
 
OR 
 
Numis Securities Limited 
James Black 
Corporate broking 
+ 44(0) 20 7260 1000 
 
OR 
 
Dahlman Rose & Co., LLC 
Christopher R. Weekes 
Direct: [phone] 
 
Neither the TSX, London Stock Exchange, nor the OTCQX accepts responsibility for the adequacy or accuracy of this  press 
release. 
 
 
 
 
Nautilus Minerals Inc.