Nautilus Minerals amended its financing mandate with M. Horn & Co. Ltd. to make the adviser's engagement non-exclusive as it seeks remaining Solwara 1 project financing.
Nautilus Minerals received an additional $1.6-million (U.S.) bridge loan from Deep Sea Mining Finance Ltd., bringing total bridge loans from the lender to $11.25-million (U.S.).
Nautilus Minerals has received a further US$3-million bridge loan from Deep Sea Mining Finance Ltd., bringing total bridge loans to US$9.65-million toward a planned US$34-million credit facility.