Nautilus Minerals Inc.: Deep Sea Copper-gold Company Moves Up to TSX
Nautilus Minerals Inc. will move its common shares from the TSX Venture Exchange to the Toronto Stock Exchange effective Friday, Aug. 24, 2007.
Nautilus Minerals Inc.: C$289m of Cash Secure in Bank and Continued Exploration Success
Nautilus Minerals reports it is debt free with approximately C$289 million in cash as of July 31, 2007, while its Solwara 1 exploration program is about 80 per cent complete.
Afri-can to Proceed with a New Equity Private Placement
Afri-Can Marine Minerals Corp. has replaced its Aug. 2, 2007 private placement with a new $2.5-million equity placement, with an overallocation option bringing the total to up to $3-million.
Afri-can to Proceed with Equity Private Placement
Afri-Can Marine Minerals will proceed with a private placement of up to $3-million, made up of $2.3-million in firm commitments plus a $500,000 overallocation option.
Update on exploration programs
Neptune Minerals has discovered a new seafloor massive sulphide field, Rumble II, in its Kermadec Prospecting Licence and started its Colville-Monowai exploration program in New Zealand.
Issue of equity
Neptune Minerals issued 192,473 new ordinary shares to Alchemy Securities Pty Ltd in lieu of advisory fees related to Newmont Minerals BV's investment, bringing total shares in issue to 64,872,063.
Notification of interest
The Company received three notifications of major shareholder interests in March and April 2007, disclosing indirect and direct voting rights held by Invesco, New Smith Asset Management and RAB Special Situations.
Eleven Exploration Licences Granted to Nautilus in Png
Nautilus Minerals has been granted 11 new exploration licences covering 21,386 square kilometres in Papua New Guinea's territorial waters.
Nautilus Minerals Inc.: Robotics and Deep Sea Experts Add to Nautilus Project
Nautilus Minerals appointed four senior managers, including offshore and onshore project managers, to develop its two-million-tonne-per-year Solwara 1 copper-gold project in Papua New Guinea.
Nautilus Minerals Inc.: Significant Massive Sulphide Drill Intercepts At
Nautilus Minerals completed 29 of a planned 90 holes at Solwara 1, with 38 per cent intersecting copper sulphide mineralization and assays confirming high-grade results at Solwara 8.