Nautilus receives additional loan under secured loan facility

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Jan 17, 2019
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VANCOUVER, British Columbia, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the "Lender") in the principal amount of US$500,000 under the previously announced loan agreement, as amended (the "Loan Agreement"), between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to US$34 million.