Nautilus Minerals Inc. (the “Company” or “Nautilus”) announces that, further to its news release dated April 15, 2013, regarding the Company’s Rights Offering to its shareholders resident in Canada and in eligible foreign jurisdictions, the Company wishes to remind shareholders that the Rights, which are trading on the Toronto Stock Exchange under symbol NUS.RT, will expire and cease to be exercisable at 2:00 p.m. (Vancouver time), on Friday, May 31, 2013.
Shareholders are urged to contact their brokers or financial advisors well in advance of the expiry date.
The Company has issued one right for each common share outstanding as of the close of business on April 25, 2013. Each right is exercisable to acquire 0.844335 common shares of the Company, upon payment of the subscription price of $0.20 per full common share. Fractional shares will not be issued.
The Rights will cease trading on the Toronto Stock Exchange at 9:00 a.m. (Vancouver time), on May 31, 2013.
[mappress] Press Release, May 27, 2013