Nautilus Minerals Inc.
TSX VENTURE : NUS

Nautilus Minerals Inc.

November 14, 2006 16:21 ET

Nautilus Minerals Inc.: Grant of Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 14, 2006) - Nautilus Minerals Inc. (TSX VENTURE:NUS) (the "Company" or "Nautilus") announces that it has issued a total of 2,410,000 options to directors, officers and employees of, and key contractors to, the Company with 1,760,000 issued at a price of $3.20 for a term of four years vesting as to 20% every six months for a period of 30 months starting six months after the date of grant; and 650,000 issued at a price of $3.20 for a term of four years vesting as to 25% at the date of grant and 25% every six months thereafter. The remaining 200,000 options were issued to an employee of the Company on November 6, 2006, at a price of $3.19 for a term of three years vesting as to 20% every six months for a period of 30 months starting six months after the date of grant.


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