Nautilus Minerals rights offering to expire May 31

Key points

  • Rights trading on the Toronto Stock Exchange under symbol NUS.RT will cease to be exercisable at 2 p.m. Vancouver time on May 31, 2013.
  • The company issued one right for each common share outstanding as of the close of business on April 25, 2013.
  • Each right is exercisable into 0.844335 of a common share upon payment of a 20-cent subscription price per full share, with no fractional shares issued.
  • The rights will stop trading on the Toronto Stock Exchange at 9 a.m. Vancouver time on May 31, 2013.

NAUTILUS ANNOUNCES PENDING EXPIRY OF RIGHTS OFFERING

Further to its news release dated April 15, 2013, regarding Nautilus Minerals Inc.’s rights offering to its shareholders resident in Canada and in eligible foreign jurisdictions, the company wishes to remind shareholders that the rights, which are trading on the Toronto Stock Exchange under symbol NUS.RT, will expire and cease to be exercisable at 2 p.m. (Vancouver time), on Friday, May 31, 2013.

Shareholders are urged to contact their brokers or financial advisers well in advance of the expiry date.

The company has issued one right for each common share outstanding as of the close of business on April 25, 2013. Each right is exercisable to acquire 0.844335 common share of the company, upon payment of the subscription price of 20 cents per full common share. Fractional shares will not be issued.

The rights will cease trading on the Toronto Stock Exchange at 9 a.m. (Vancouver time), on May 31, 2013.

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