Poseidon, Author at Ocean Mining News

Nautilus Minerals

onSeptember 11, 2012

Mb Holding Company Llc (“mb”) Announces Completion of Subscription for Additional Shares of Nautilus Minerals Inc. (“nautilus”)

Mawarid Offshore Mining, a subsidiary of MB Holding Company, completed the second and final tranche of its Nautilus Minerals share subscription on Sept. 11, 2012.

Nautilus Minerals

onSeptember 11, 2012

Nautilus closes $18.6-million second tranche

Nautilus Minerals closed the second and final tranche of its private placement, raising gross proceeds of $18.6-million through the issue of 20,632,382 shares at 90 cents each.

Afri-Can Marine Minerals

onAugust 21, 2012

Afri-can Closes Final Tranche of Financing for $1.3 Million

Afri-Can Marine Minerals closed the final $1-million tranche of its brokered private placement plus a $347,976 non-brokered placement, bringing total gross proceeds to $3,783,456.

Afri-Can Marine Minerals

onAugust 13, 2012

The Au Limited Partnership Announces Holdings in Afri-can Marine Minerals Corporation

The Au Limited Partnership acquired 6.25 million units of Afri-Can Marine Minerals Corp. at 16 cents per unit in a private placement.

Nautilus Minerals

onAugust 7, 2012

Nautilus receives another $500,000 in private placement

Nautilus Minerals received a further $500,000 gross from the first tranche of its private placement, completing the issue of 555,556 shares.

Afri-Can Marine Minerals

onAugust 7, 2012

Afri-can Closes Second Tranche of Financing for $1.4 Million

Afri-Can Marine Minerals Corp. closed a second $1-million tranche of its brokered private placement and raised $435,480 through a non-brokered placement, bringing total proceeds to $2,435,480.

Nautilus Minerals

onAugust 3, 2012

Nautilus Minerals closes $14.8-million first tranche

Nautilus Minerals closed the first tranche of its private placement, raising $14.8-million in gross proceeds.

Nautilus Minerals

onAugust 2, 2012

Nautilus Minerals Announces Financial Results for Q2 2012

Nautilus Minerals reported Q2 2012 results, including $87.1-million in cash, a Solwara 1 offtake deal, and a $34-million private placement.

Nautilus Minerals

onAugust 1, 2012

Mb Holding Company Llc Announces Subscription for Additional Shares of Nautilus Minerals Inc.

Mawarid Offshore Mining, a subsidiary of MB Holding Company LLC, agreed on July 31, 2012 to subscribe for up to 20 million Nautilus Minerals shares at 90 cents each in two tranches.

Nautilus Minerals

onAugust 1, 2012

Nautilus to Raise Funds and Continue Equipment Build

Nautilus Minerals plans to raise approximately $34-million through a private placement of 37.7 million common shares at 90 cents each to fund its sea-floor production system.

Poseidon

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