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Tuesday, January 8, 2013

BRIEF-Nautilus Minerals says become aware of unsolicited take-over bid, (TSE: NUS.TO)

Nautilus Minerals Inc : * Mineralsinc - statement re possible offer * Aware through news release that michael bailey and an entity controlled by him,intend to make offer * Not had contact with bailey with respect to the unsolicited offer and has no

Nautilus Minerals Inc. (Nautilus) is engaged in the exploration and development of the ocean floor for copper and gold rich seafloor sulphide deposits. Shares of NUS remained unchanged at $0.58. In the past year, the shares have traded as low as $0.27 and as high as $2.90. On average, 344421 shares of NUS.TO exchange hands on a given day and today's volume is recorded at 555943.