Nautilus Minerals reported audited financial results for the year ended Dec. 31, 2006, highlighting a TSX Venture listing, over $100-million (U.S.) in private placements, and expanded seafloor exploration licences.
Nautilus Minerals disclosed updated major shareholder stakes after closing US$175 million in private placements that increased total shares in issue to 130,149,618.
The TSX Venture Exchange accepted filing for Nautilus Minerals' brokered private placement of 20,344,850 shares at $4.35 per share, announced Jan. 24, 2007.
Nautilus Minerals priced a brokered private placement of up to 20,344,850 units at $4.35 (Canadian) each for gross proceeds of up to $75-million (U.S.).
Epion Holdings purchased 5,499,109 additional Nautilus Minerals common shares under anti-dilution top-up rights, raising its stake to about 21,849,109 shares.
Nautilus Minerals Inc. raised 50.8 million pounds sterling ($100 million U.S.) through a placing of 27,438,606 new shares ahead of its admission to AIM.
Nautilus Minerals arranged a $100-million (U.S.) equity placing underwritten by Numis Securities to help finance development of its Solwara 1 seafloor copper-gold project in Papua New Guinea.