Nautilus’ PNG Country Managers receives knighthood
June 12 2018 - 6:01AM
Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF)
(Nasdaq Intl Designation) (the
"
Company" or "
Nautilus") is
delighted to announce that the Company’s PNG County Manger, Mel
Togolo, has been knighted by the Queen for service to economic
development, particularly in the mining and petroleum sectors, and
to the community.
Tariq Al Barwani, Nautilus’ Chairman, commented,
“It is our pleasure to congratulate Mel for this much deserved
knighthood. He has worked tirelessly over the past 40 years with
services to industry, commerce and society in PNG. We appreciate
his contribution and dedication to Nautilus over the past 12 years
with his strong belief that together we can make a positive
difference to the people of Papua New Guinea and the world. We look
forward to his continued support as we strive towards making
Nautilus a reality."
For more information please refer to
www.nautilusminerals.com or contact:
Investor Relations Nautilus Minerals Inc. (Toronto) Email:
investor@nautilusminerals.com Tel: +1 416 551 1100
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 highly prospective exploration acreage in
the western Pacific (granted and under application), as well as in
international waters in the Central Pacific.
A Canadian registered company, Nautilus is listed on the TSX:NUS
stock exchange and is also a member of the Nasdaq International
Designation program. Its corporate office is in Brisbane,
Australia. Its major shareholders include MB Holding Company LLC,
an Oman based group with interests in mining, oil & gas, which
holds a 30.4% interest and Metalloinvest, the largest iron ore
producer in Europe and the CIS, which has a 19.2% holding (each on
a non-diluted basis, excluding loan shares outstanding under the
Company’s share loan plan).