Nautilus Minerals to provide Q1 results on May 14

Key points

  • Nautilus Minerals held an investor and analyst day at the Offshore Technology Conference in Houston, Texas.
  • Investors and analysts toured Nautilus’s key contractor facilities and attended the ocean mining session at the conference.
  • The company’s cash balance at the end of the first quarter of 2010 was US$196 million.
  • Nautilus will release its full first-quarter 2010 financial results on May 14, 2010.

NAUTILUS HOSTS INVESTORS AT OFFSHORE TECHNOLOGY CONFERENCE AND ANNOUNCES US$196 MILLION CASH BALANCE AS AT MARCH 31, 2010

Nautilus Minerals Inc. yesterday held a successful investor and analyst day at the Offshore Technology Conference in Houston, Tex. Investors and analysts toured Nautilus’s key contractor facilities, attended the ocean mining session at the Offshore Technology Conference and met with members of Nautilus’s senior management team.

Nautilus will release its full first quarter 2010 financial results on May 14, 2010, but advises that its cash balance at the end of the first quarter of 2010 was $196-million (U.S.).

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