Nautilus Minerals Change to Board of Directors

Key points

  • David Heydon resigned his role as non-executive director on Nautilus Minerals’ board, effective Oct. 16, 2008.
  • Chairman Geoff Loudon thanked Heydon for building Nautilus Minerals into the leading explorer and developer of sea floor massive sulphide deposits.
  • Nautilus Minerals maintains its seed investment in a separate company pursuing ultradeep water resources, which is headed by Heydon.

Nautilus Minerals Inc.’s David Heydon has resigned his role as non-executive director on the company’s board, effective Oct. 16, 2008.

The chairman of the board, Geoff Loudon, said: “On behalf of the board of directors, I would like to thank David for building Nautilus Minerals into the leading explorer and developer of sea floor massive sulphide deposits. David’s vision, hard work and endless enthusiasm launched not just the company but a whole new industry of sea floor mining. We wish David all the best in his future endeavours.”

Nautilus Minerals maintains its seed investment in a company pursuing ultradeep water resources headed up by Mr. Heydon.

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