11:45 AM EST - Nautilus Minerals Inc. : Announced that it has closed its previously announced private placement pursuant to its financing notice dated November 21, delivered under the Company's subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited dated August 21, as amended. At the closing, the Company issued an aggregate of 15,539,080 common shares to the Investors at an issue price of $0.174 per share for aggregate proceeds to the Company of $2,000,000 U.S. The private placement was allocated equally between the two Investors. Nautilus Minerals Inc.
shares T.NUS are trading down $0.005 at $0.16.