Key points
- Nautilus Minerals names Solwara1 as the company’s first seafloor mining location.
- The video features the company’s seafloor production vessels, showing how the equipment is designed to work together to mine the seafloor at that site.
Nautilus Minerals arranges $2M (U.S.) financing
Nautilus Minerals delivered a financing notice for a US$2-million private placement of 11,197,488 shares at 23.9 cents each to two investors under its August 2016 subscription agreement.