Nautilus Minerals applied to list 8,933,702 common shares on AIM and the Toronto Stock Exchange after completing a $12.4-million share subscription by Anglo American.
Nautilus Minerals reported unaudited third-quarter 2008 results, including $266.6 million in cash and cash equivalents as at Sept. 30, 2008, and three new seafloor discoveries.
Anglo American's subsidiary will subscribe for 8,933,702 additional Nautilus Minerals shares, increasing its stake from 5.7 percent to 11.1 percent, raising about $12.4-million.
Nautilus Minerals confirmed Technip's fixed-price contracts for the Solwara 1 riser and lifting system at $116-million (U.S.), keeping first ore on track for Q4 2010.
IMDH says conversion of the chartered sampling vessel MV DP the Explorer is nearing completion and it will leave Singapore for Cape Town by mid-November.