The Company issued 50,000 ordinary shares of 0.5p on 17 March 2008 following conversion of performance shares, bringing total shares in issue to 66,114,113.
Neptune Minerals has signed a letter of intent with C&C Technologies for AUV survey, sampling and vessel charter services to support Project Trident in New Zealand's EEZ.
Nautilus Minerals released preliminary mineralogical and metallurgical results from a 1.2-tonne Solwara 1 drill-core sample, indicating a simple ore suited to commercial-grade copper concentrate production.
Nautilus Minerals released the world's first NI 43-101-compliant seafloor massive sulphide resource report for its Solwara 1 prospect in Papua New Guinea territorial waters.
The Company issued 18,300 new shares following warrant exercises, taking total shares in issue to 66,064,113, and granted 1,000,000 staff options at 43 pence.
Nautilus Minerals ended 2007 with $312 million (U.S.) in cash, equal to $2.15 (U.S.) per share on 145 million shares issued, after Teck Cominco's early warrant exercise.