Nautilus Minerals

Nautilus Minerals closed its rights offering, raising gross proceeds of $40-million through the issuance of 200 million common shares at 20 cents each.

Mawarid Offshore Mining, a subsidiary of MB Holding, closed its standby commitment and acquired 82,679,363 Nautilus Minerals shares under the June 11, 2013 rights offering.

Nautilus Minerals reminded shareholders that its rights offering will expire at 2 p.m. Vancouver time on Friday, May 31, 2013.

PNG's arbitration against Nautilus Minerals is set for an Aug. 26, 2013 hearing in Sydney.

Nautilus Minerals reported unaudited Q1 2013 results showing US$36.6-million in cash and continued advancement of the Solwara 1 project.

Nautilus Minerals filed a final prospectus for a fully backstopped C$40-million rights offering of 200 million common shares at 20 cents each.

Nautilus Minerals will hold a conference call and webcast on Thursday, April 4, 2013, to provide a general investor update.

Nautilus Minerals has filed a preliminary prospectus for a $40-million rights offering of 200 million common shares at 20 cents each, backstopped by MB Holding Company LLC.

Nautilus Minerals filed an updated NI 43-101 technical report for its Clarion-Clipperton zone project on SEDAR, effective March 20, 2013.

Nautilus Minerals released its audited financial results for the year ended Dec. 31, 2012, reporting $57.8-million (U.S.) in cash and continued efforts to resolve a dispute with Papua New Guinea.