Former Companies

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.

Nautilus Minerals signed a subscription agreement with two major shareholders for up to $20-million (U.S.) in bridge financing and announced a restructuring of the Solwara 1 project.

Nautilus Minerals reported unaudited Q2 2016 results, holding $51.3-million (U.S.) in cash as at June 30, 2016, while seeking further Solwara 1 financing.

Nautilus Minerals filed an NI 43-101 technical report on SEDAR for TOML's Clarion Clipperton Zone polymetallic nodule project.

Nautilus Minerals is still seeking bridge and project financing to continue developing the Solwara 1 seafloor mining project.

Nautilus Minerals reported AGM voting results from its Toronto meeting, where 26.28 per cent of issued shares were represented and all resolutions passed.

A. Geoffrey Loudon is retiring as Nautilus Minerals chairman and will not stand for re-election at the June 1, 2016 AGM, with Russell Debney becoming interim chairman.

Tonga Offshore Mining Ltd, a Nautilus Minerals subsidiary, upgraded its Clarion-Clipperton Zone polymetallic nodule mineral resource to 685.3 million tonnes inferred, 68.1 million tonnes indicated and 2.6 million tonnes measured.