TORONTO, ONTARIO--(Marketwired - Sept. 6, 2016) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that effective September 2, 2016, it has appointed Gavin Vandervegt as Acting Chief Financial Officer and Corporate Secretary of the Company.
For the 5 years prior to this appointment, Mr. Vandervegt held the position of Group Financial Controller of the Company. Before joining Nautilus, Mr. Vandervegt was the Finance Director of Katanga Mining, a copper company listed on the Toronto Stock Exchange, with assets located in the Democratic Republic of Congo. Mr. Vandervegt has more than 15 years of commercial experience, predominantly within the resources sector, including financial reporting, management reporting, project management, corporate governance, commercial negotiations and business analysis. A qualified Chartered Accountant, Mr. Vandervegt has worked in both site based and corporate roles in Australia, the United Kingdom, Switzerland and Africa.
For more information please refer to www.nautilusminerals.com.
Neither the TSX nor the OTCQX accepts responsibility for the adequacy or accuracy of this press release.
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 trades on the OTCQX:NUSMF, 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 27% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 15% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).