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Vancouver, British Columbia--(Newsfile Corp. - August 13, 2019) - Nautilus Minerals Inc. (OTC: NUSMF) (the "Company" or "Nautilus") advises that today the Company and substantially all of its direct and indirect subsidiaries (collectively, the "Petitioners"), obtained an order (the "Sanction Order") of the Supreme Court of British Columbia in proceedings under the Companies' Creditors Arrangement Act (Canada) (the "CCAA"): (i) sanctioning and approving the plan of compromise and arrangement (the "Plan") among certain of the Company's subsidiaries (the "Nautilus Restructuring Entities") and the...
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2019) - Nautilus Minerals Inc. (OTC: NUSMF) (the "Company" or "Nautilus") advises that today a plan of compromise and arrangement (the "Plan") among certain of the Company's subsidiaries (collectively, the "Nautilus Restructuring Entities") and their unsecured creditors (collectively, the "Affected Creditors") was approved by the requisite majority of the Affected Creditors at a meeting of such creditors (the "Meeting") held for the purposes of voting on the Plan at the Vancouver, British Columbia offices of PricewaterhouseCoopers Inc....
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - , Nautilus Minerals Inc. (OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") advises that today the Company and substantially all of its direct and indirect subsidiaries (collectively, the "Petitioners"), obtained an order (the "Meeting Order") of the Supreme Court of British Columbia (the "Court") in proceedings under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") authorizing: (i) the Company to enter into an acquisition agreement with Deep Sea Mining Finance Ltd. ("DSMF") pursuant to which DSMF will...
Nautilus Minerals – Change in directors and officers VANCOUVER, British Columbia, April 03, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that, effective March 29, 2019, four of Nautilus’ five directors have resigned. Mr. John McCoach has also resigned as the Company’s Chief Executive Officer. Mr. Tariq Al Barwani remains a director of Nautilus and has appointed the Company’s CFO, Mr. Glenn Withers, as Managing Director of Nautilus. As previously disclosed on March 28, 2019, the Company wi...
Nautilus Provides Corporate Update VANCOUVER, British Columbia, March 28, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that Toronto Stock Exchange (“TSX”) has advised the Company that the common shares of Nautilus will be delisted from TSX effective at the close of market on April 3, 2019. Nautilus appealed the initial decision by TSX to delist the Company’s common shares; however, the Company’s appeal was unsuccessful. The Company’s common shares will continue to be suspended from trading on TSX unt...
Nautilus and DSMF extend the maturity date of the existing secured loan facility VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") and Deep Sea Mining Finance Ltd. have agreed to extend the maturity date of the existing secured loan facility which is currently due on February 8, 2019, for 28 days ending on March 8, 2019. The Company continues to seek short and long term funding solutions while assessing its options, including various restructuring options. Negotiations with vari...
Nautilus receives additional loan under secured loan facility VANCOUVER, British Columbia, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$500,000 under the previously announced loan agreement, as amended (the "Loan Agreement"), between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the...
Nautilus Provides Corporate Update VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") provides the following corporate update. Further to the Company’s news release dated January 8, 2019, Nautilus has not yet received the US$5 million loan. Nautilus is however pleased to announce that Deep Sea Mining Finance has agreed to loan the Company US$500,000 to meet our short term funding obligations. This funding will also allow Nautilus to assess its options, including various restr...
Nautilus Provides Corporate Update VANCOUVER, British Columbia, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") provides the following corporate update. Nautilus and Deep Sea Mining Finance Ltd. have agreed to extend the maturity date of the existing secured loan facility, which is currently due on January 8, 2019, for 30 days ending on February 8, 2019. Nautilus is currently in discussions with an arm’s length party to secure a US$5 million loan (the “Loan”). Nautilus must receive the Loan, or anoth...
Nautilus receives additional loan under secured loan facility VANCOUVER, British Columbia, Dec. 14, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$455,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreeme...
Nautilus receives additional loan under secured loan facility VANCOUVER, British Columbia, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$600,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreeme...
Nautilus receives additional loan under secured loan facility VANCOUVER, British Columbia, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$770,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreeme...
Nautilus Makes Progress VANCOUVER, British Columbia, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") is pleased to announce that the Company has recently made progress on several fronts. Nautilus Has Engaged Two Financial Advisors Nautilus has entered into a financial advisory services agreement with Metals Logistics Investments Limited (“MLI”). MLI is a Dubai registered advisory firm focusing on companies in the resource sector with professionals in the UK, Switzerland and the US. MLI is advising Nau...
Nautilus receives additional loan under secured loan facility TORONTO, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$300,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreement, the Company has...
Nautilus receives additional loan under secured loan facility TORONTO, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$500,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreement, the Company h...
Nautilus receives additional loan under secured loan facility TORONTO, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$825,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreement, the Company has ...
Nautilus Minerals announces departure of President and CEO Michael Johnston TORONTO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus) announces the departure of President and CEO Mike Johnston with immediate effect. Mr. Johnston will be replaced by independent Director Mr. John McCoach, who is appointed as Interim CEO, also with immediate effect. Tariq Al Barwani, Nautilus' Chairman said, "We thank Mike for his long service with Nautilus Minerals. Mike was one of the original members of the Nautilus team wi...
Nautilus receives additional loan under secured loan facility TORONTO, July 18, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$350,000 under the previously announced loan agreement (the "Loan Agreement") between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million. Pursuant to the Loan Agreement, the Company h...
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