Key points
- Cynthia Thomas joined the Nautilus board in June 2010 and resigned effective Dec. 7, 2016.
- Chairman Russell Debney thanked Thomas for her banking and mine finance experience and leadership.
- The remaining board members are Russell Debney, Dr. Mohammed Al Barwani, Mark Horn and Tariq Al Barwani.
- Nautilus holds the first mining lease for seafloor massive sulphide deposits at Solwara 1 in Papua New Guinea, targeting copper, gold and silver.
Nautilus Minerals Inc. has accepted the resignation of Cynthia Thomas from its board, effective Wednesday, Dec. 7, 2016. Ms. Thomas joined the board of Nautilus in June, 2010.
Russell Debney, Nautilus’s chairman, commented: “Cynthia has made a valuable contribution during her 6.5 years on the Nautilus board of directors. The board has benefited from Cynthia’s significant banking and mine finance experience and leadership. We would like to thank her for the contribution she has made to Nautilus’s progress to date and wish her well for the future.”
Following the resignation of Ms. Thomas, the members of the company’s board of directors are as follows:
Mr. Debney;Dr. Mohammed Al Barwani (non-executive director);Mark Horn (non-executive director);Tariq Al Barwani (non-executive director).
- Mr. Debney;
- Dr. Mohammed Al Barwani (non-executive director);
- Mark Horn (non-executive director);
- Tariq Al Barwani (non-executive director).
About Nautilus Minerals
Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver.
