Nautilus Nautilus Update Regarding Previously Announced Unsolicited Take-Over Bid
14 January 2013 - 8:41PM
UK Regulatory
TIDMNUS
Nautilus Update Regarding Previously Announced Unsolicited Take-Over Bid
FOR: NAUTILUS MINERALS INC.
TSX SYMBOL: NUS
OTCQX SYMBOL: NUSMF
AIM SYMBOL: NUS
January 14, 2013
Nautilus Update Regarding Previously Announced Unsolicited Take-Over Bid
TORONTO, ONTARIO--(Marketwire - Jan. 14, 2013) - The Board of Directors of Nautilus Minerals Inc.
(TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) (the "Company" or "Nautilus"), advises that management of the Company continues to seek
detailed information respecting the bid that Michael Bailey discussed in his daily press releases last week.
Nautilus has been advised by representatives of the Company's two largest shareholders, Metalloinvest, which holds an
interest of 21% and MB Holding which holds an interest of 16.9% in the Company, that they have not been approached by
Mr. Bailey concerning the offer announced in his January 7 press release.
Furthermore, given the unusual events to date, and the knowledge that a similar offer has been announced by Mr. Bailey
in the past (see Links section for details), the Board of Directors is unable to make any determination regarding the
validity of the offer.
The Board of Directors will consider the unsolicited offer, if and when it is formally made, and maintains its advice to
shareholders not to take any action in respect of such offer until shareholders have received further communication from
the Board.
In the meantime, the Nautilus management team remains focused on maximising shareholder value by delivering on the
Company's primary objective, being the development of the world's first seafloor copper-gold project.
Links
http://www.tiomin.com/news/index.aspx?year=2010
For more information please refer to www.nautilusminerals.com.
About Nautilus Minerals Inc.
Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus
was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of
Papua New Guinea, where it is aiming to produce copper, gold and silver. The company has also been granted its
environmental permit for this site.
Nautilus also holds more than 500,000 km2 of highly prospective exploration acreage in the western Pacific; in PNG, the
Solomon Islands, Fiji, Vanuatu and Tonga, as well as in international waters in the eastern Pacific.
A Canadian registered company, Nautilus is listed on the TSX:NUS and AIM:NUS stock exchanges and OTCQX:NUSMF. Its
corporate office is in Brisbane, Australia. Its major shareholders include Metalloinvest, the largest iron ore producer
in Europe and the CIS, which has a 21% holding, global mining group Anglo American, which holds an 11.1% interest and MB
Holdings, an Oman based group with interests in mining, oil & gas, which holds a 16.9% interest.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Nautilus Minerals Inc. (Toronto)
Investor Relations
+1 (416) 551 1100
investor@nautilusminerals.com
www.nautilusminerals.com
OR
Numis Securities Limited
Nominated adviser: Alastair Stratton/Stuart Skinner
Corporate broking: James Black
+ 44(0) 20 7260 1000
OR
Dahlman Rose & Co., LLC
Christopher R. Weekes
1301 Avenue of the Americas
New York, NY 10019
Direct: +1 212 372 5766
Neither the TSX, London Stock Exchange, nor the OTCQX accepts responsibility for the adequacy or accuracy of this press
release.
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