Nautilus Minerals granted 2.25 million stock options and issued 4.5 million loan shares to directors and employees under 2013 remuneration and retention plans.
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.
Afri-Can Marine Minerals Corp. has appointed Richard Tait to its board of directors, replacing Howard Messias and Michael Nicolai who resigned after nine and 17 years respectively.