Key points
- The correction applies to the Dec. 14 press release titled “Nautilus completes $2-million (U.S.) private placement.”
- Nautilus holds the first mining lease for polymetallic seafloor massive sulphide deposits at the Solwara 1 prospect in Papua New Guinea’s territorial waters.
- The company has been granted its environmental permit for the Solwara 1 site, where it aims to produce copper, gold and silver.
- Nautilus also holds exploration acreage in the Western Pacific and in international waters in the Central Pacific.
NAUTILUS MINERALS ISSUES STOCK OPTIONS CLARIFICATION
Nautilus Minerals Inc. clarifies that the directors have approved the issuance of 1.2 million stock options and not 800,000, as was originally stated in the press release dated Dec. 14, titled “Nautilus completes $2-million (U.S.) private placement.”
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. The company has also been granted its environmental permit for this site.
Nautilus also holds highly prospective exploration acreage in the Western Pacific (granted and under application), as well as in international waters in the Central Pacific.
