Afri-can to Close Private Placement
Afri-Can Marine Minerals Corp. will close a non-brokered private placement of up to $1.3-million, with $1.0-million already fully subscribed, subject to regulatory approval.
Nautilus First Quarter Results
Nautilus Minerals reported Q1 2011 progress at Solwara 1, including a new PNG mining lease, a 30-per-cent state stake, and $139-million in cash.
Nautilus Withdraws Capital Raising
Nautilus Minerals Inc. has withdrawn its proposed capital raising due to weak financial market conditions.
Nautilus Minerals Launches Marketed Public Offering
Nautilus Minerals Inc. has launched a marketed public offering of common shares expected to raise approximately $150-million in gross proceeds.
Nautilus Minerals Completes Drilling Program
Nautilus Minerals completed its 2010/2011 seafloor drilling program in the Bismarck Sea, with the REM Etive demobilizing in Singapore on May 16, 2011.
Nautilus Files Prospectus
Nautilus Minerals filed a preliminary short form prospectus for a marketed public offering of common shares in all Canadian provinces except Quebec.
Afri-can Marine Sampling Recovers Large Diamonds From Epl 3403 in Namibia
Afri-Can Marine Minerals completed a sampling program on EPL 3403 offshore Namibia on April 19, 2011, recovering 84 diamonds including four stones over one carat.
Nautilus Secures Key Production Component
Nautilus Minerals has reinstated its 2008 contract with GE Oil & Gas for the subsea slurry lift pump for the Solwara 1 project.
Afri-can Marine Minerals Engages Investor Relations Firm and Extends Shares Purchase Warrants
Afri-Can Marine Minerals hired Paradox Public Relation Inc. and extended two share purchase warrant tranches to May 20, 2012.
Afri-can Completes Sampling Program on Epl 3403 in Namibia
Afri-Can Marine Minerals Corp. completed its initial diamond sampling program on the 800-square-kilometre EPL 3403 concession in Namibia, extracting 350 samples of five square metres each.