Download the Nautilus Minerals press release Toronto Ontario, February 8, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that it continues to arrange bridge loans from Deep Sea Mining Finance Ltd. (the “Lender“), which are expected to form part of a larger secured structured credit facility of up […]
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Nautilus Minerals is advancing its equipment-testing at the same time as financial and management shortfalls prompt worries about the firm’s longevity. Submerged trials for Nautilus’ Seafloor Production Tools (SPTs) began in Papua New Guinea during the latter part of 2017 and are now nearing completion. Trials on the Collecting Machine and Auxiliary Cutter were completed […]
Read More Download Nautilus Minerals press release Toronto Ontario, January 16, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that Mr Tariq Al Barwani has been appointed to the role of non-executive Chairman. Mr Al Barwani joined the Company’s board in May 2016. He is a director and shareholder of […]
Read More Download Nautilus Minerals press release Toronto Ontario, January 11, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that it continues to arrange bridge loans from Deep Sea Mining Finance Ltd. (the “Lender“), which are expected to form part of a larger secured structured credit facility of up to […]
Read More Download Nautilus Minerals press release Toronto Ontario, January 8, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces that it has arranged to receive bridge loans from Deep Sea Mining Finance Ltd. (the “Lender“) and has also entered into a funding mandate agreement (the “Funding Mandate“) with M. Horn […]
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A series of internal and external pressures have been plaguing the Canadian deep sea mining firm Nautilus Minerals for months with no clear resolution in sight. The challenges facing Nautilus are hindering efforts to move forward on the Company’s flagship effort, the controversial Solwara One seabed mining project in Papua New Guinea’s Bismarck Sea. DSM […]
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See original release from the Deep Sea Mining Campaign Affected communities have launched legal proceedings in a bid to obtain key documents that would reveal to them and all Papua New Guineans whether the controversial “Solwara 1” deep sea mining project was approved lawfully.[1] Furthermore, due to deficiencies in the Solwara 1 Environmental Impact Statement, […]
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The past month has been anything but quiet over at Nautilus Minerals. Changes in leadership, transparent financial stress and mobilized on-the-ground opposition have clashed with marked advances in technology and production timelines on the controversial Solwara One deep sea mining project in Papua New Guinea. A positive 2017 second quarter left shareholders happy and Nautilus […]
Read More Download Nautilus Minerals press release Toronto Ontario, October 5, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that Mark P M Horn has resigned as a director of Nautilus. Mark P. M. Horn has advised the Company that he will lead Deep Sea Mining Finance Ltd. (“DSMF“), a […]
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