Nautilus Minerals

Nautilus Minerals has provided an update on construction progress of the production support vessel for its Solwara 1 seafloor copper-gold project in Papua New Guinea.

Nautilus Minerals delivered a financing notice for a US$2-million private placement of 15,539,080 common shares to two investors dated Nov. 21, 2016.

Nautilus Minerals completed factory acceptance testing of its riser tooling in Poland and subsea pull-in skids in the United States this week.

Nautilus Minerals reported Q3 2016 results including $34.1-million (U.S.) in cash and progress on the Solwara 1 project and its production support vessel.

Nautilus Minerals shareholders approved bridge financing from the company's two largest shareholders at an Oct. 26, 2016 EGM in Vancouver.

Nautilus Minerals appointed Stuart MacKenzie as company secretary and legal counsel and Glenn Withers as acting chief financial officer, effective Oct. 14, 2016.

Nautilus Minerals floated the 220-metre production support vessel's hull in dry dock at Fujian Mawei Shipyard, advancing construction for the Solwara 1 seafloor mining project.

Nautilus Minerals will hold an EGM on Oct. 26, 2016, for shareholders to vote on approving its bridge financing subscription agreement with its two largest shareholders.

Nautilus Minerals Inc. will hold a conference call and webcast on Friday, Sept. 16, 2016, at 9 a.m. Eastern Daylight Time to update investors.

Nautilus Minerals has appointed Gavin Vandervegt as acting chief financial officer and corporate secretary, effective September 2, 2016.