The TSX Venture Exchange accepted filing for Nautilus Minerals' brokered private placement of 20,344,850 shares at $4.35 per share, announced Jan. 24, 2007.
Neptune Minerals lodged 133 prospecting licence applications for seafloor massive sulphide deposits in Japan and five exploration licence applications covering 12,850 km2 in Papua New Guinea.
Nautilus Minerals priced a brokered private placement of up to 20,344,850 units at $4.35 (Canadian) each for gross proceeds of up to $75-million (U.S.).
Epion Holdings purchased 5,499,109 additional Nautilus Minerals common shares under anti-dilution top-up rights, raising its stake to about 21,849,109 shares.
Nautilus Minerals Inc. raised 50.8 million pounds sterling ($100 million U.S.) through a placing of 27,438,606 new shares ahead of its admission to AIM.
Afri-Can Marine Minerals received an updated NI 43-101 technical report from Delmar Geoservices estimating diamond potential on block J, offshore Namibia.
Nautilus Minerals arranged a $100-million (U.S.) equity placing underwritten by Numis Securities to help finance development of its Solwara 1 seafloor copper-gold project in Papua New Guinea.
Neptune Minerals has signed a contract with Norway's Geo Subsea to conduct its Kermadec 2007 exploration program in New Zealand from March to late May 2007.
Afri-Can Marine Minerals Corp.'s board has approved a new 2007 stock option plan allowing up to 5.3 million common shares to be issued, subject to regulatory approval.