Metalloinvest Holding (Cyprus) Ltd. acquired 16,990,111 common shares of Nautilus Minerals Inc. under a private-placement subscription agreement, raising its stake to approximately 18.5 per cent.
Nautilus Minerals closed a US$2-million private placement, issuing 11,761,682 common shares to Mawarid Offshore Mining and Metalloinvest Holding (Cyprus).
Nautilus Minerals has delivered a financing notice for a US$2-million private placement of 11,761,682 common shares at 21.4 cents each to Mawarid Offshore Mining and Metalloinvest Holding.