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Nautilus Provides Corporate Update (15.01.2019) - Printable Version

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Nautilus Provides Corporate Update (15.01.2019) - seabedmining - 01-15-2019

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 restructuring options.

A further press release will be made once these funds have been received later this week and further updates will be provided as circumstances warrant.

For more information please refer to http://www.nautilusminerals.com or contact:

Investor Relations 
Nautilus Minerals Inc. (Toronto) 
Email: investor@nautilusminerals.com 
Tel: +1 416 551 1100