Afri-Can Marine Minerals Corp. issued 300,000 shares to Vivian Stuart-Williams for geotechnical services on the Haib copper concession in Namibia rendered since 2004.
Nautilus Minerals says exploration partner Teck Cominco discovered four new high-grade seafloor massive sulphide systems on Nautilus's Tongan prospecting licences.
Nautilus Minerals discovered two new high-grade seafloor massive sulphide systems, Solwara 9a and 9b, within 1.5 kilometres of its Solwara 1 deposit in Papua New Guinea.
Nautilus Minerals discovered a new high-grade seafloor massive sulphide system, Solwara 10, on the Manus spreading centre in Papua New Guinea during its 2008 exploration program.
Namibia's Ministry of Mines and Energy has approved the option and joint venture agreement among Afri-Can Marine Minerals, Deep South Mining and Teck Cominco Namibia on the Haib copper project, effective July 28, 2008.
Nautilus Minerals reported second-quarter 2008 results, ending the period with $299-million in cash and completing key equipment contracts for its Solwara 1 project.
IMDH told Afri-Can Marine Minerals that conversion delays will push the DP sampler's departure from Singapore to late September, delaying block J sampling in Namibia by about two months.
The company issued 653,750 ordinary shares on 30 July 2008 after Performance Shares converted following achievement of the Phase Two Milestone under its Executive Incentive Plan.