11:39 AM EST - Nautilus Minerals Inc. : advised 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. Nautilus Minerals Inc.
shares T.NUS are trading unchanged at $0.62.
