Key points
- Nautilus Minerals was informed on Dec. 14, 2011, that chairman Geoffrey Loudon exercised 150,000 options to acquire common shares on Dec. 20, 2011.
- The exercise price for the options was 99 cents per share.
- An application was made for admission of the 150,000 new shares to trading on the Alternative Investment Market, expected Dec. 28, 2011.
- Following the share issue, Nautilus Minerals will have 195,969,741 common shares in issue.
Nautilus Minerals Inc. was informed on Dec. 14, 2011, that Geoffrey Loudon, the chairman of the company, exercised 150,000 options to acquire common shares in the company on Dec. 20, 2011.
The exercise price for the options was 99 cents per share. An application has been made for admission of 150,000 new shares to trading on the Alternative Investment Market, and they are expected to be admitted on Dec. 28, 2011. Following this issue of shares the company has 195,969,741 common shares in issue.
