Nautilus receives PNG exploration licence
The PNG government has granted Nautilus Minerals a two-year exploration licence covering the Solwara 1 area of the southeast Bismarck Sea.
Nautilus Receives Additional Bridge Loans
Nautilus Minerals received a $2-million (U.S.) bridge loan advance from Deep Sea Mining Finance Ltd. and issued additional warrants in connection with it.
Diamond Fields Announces Commencement of Work Programme on Beravina
Diamond Fields began a work programme on its Beravina project. Work is due by Q2 2018, ahead of further drilling for an NI 43-101 estimate.
Diamond Fields Appoints David Reading as Director and Grants Stock Options
Diamond Fields appoints David Reading to its board of directors. He also received 400,000 stock options at 14.5 cents each.
Nautilus Successfully Progressing Trials in Png
Nautilus Minerals says its bulk cutter, the final seafloor production tool, is due to complete submerged trials next month.
Diamond Fields Announces Investor Relations Contract
Diamond Fields hired Aura Financial for investor relations. The six-month deal, running through June 30, 2018, pays about $30,000.
Chatham Rock Phosphate Limited Closes Private Placement
Chatham Rock Phosphate closes a non-brokered private placement. It raised $291,821 from 972,737 units at 30 cents each.
Nautilus Minerals Officer Update
Adam Wright resigned as Nautilus Minerals' vice-president of Papua New Guinea operations, effective Feb. 26, 2018.
Nautilus Minerals Appoints New Chairman
Nautilus Minerals has appointed Tariq Al Barwani, a director of top shareholder MB Holding, as non-executive chairman while the board seeks additional independent directors.
Nautilus still arranging bridge loans from Deep Sea
Nautilus Minerals continues to arrange bridge loans from Deep Sea Mining Finance, expected to form part of a larger secured credit facility of up to $34-million (U.S.).