Key points
- Directors David De Witt and Russell Debney each exercised 100,000 options to acquire common shares on Dec. 21, 2011, at an exercise price of 99 cents per share.
- An employee exercised options resulting in the issuance of 12,000 additional common shares.
- An application has been made for admission of the new shares to trading on the London Stock Exchange’s AIM, with admission expected on Dec. 29, 2011.
- Following the share issuances, Nautilus Minerals has 196,181,741 common shares in issue.
Nautilus Minerals Inc. was informed on Dec. 20, 2011, that David De Witt and Russell Debney, each a director of the company, each exercised 100,000 options to acquire common shares in the company on Dec. 21, 2011. The exercise price for the options was 99 cents per share.
Also, 12,000 additional shares have been issued in respect of an employee’s exercise of options.
An application has been made for admission of the new shares to trading on the London Stock Exchange’s AIM, and they are expected to be admitted on Dec. 29, 2011. Following this issue of shares, the company has 196,181,741 common shares in issue.
