Nautilus chases new funding solutions

Nautilus Minerals and Deep Sea Mining Finance Ltd has agreed to extend the maturity date of the existing secured loan facility which was due on Feb 8 for 28 days ending on Mar 8.
The company continues to seek short and long-term funding solutions while assessing its options, including various restructuring options.
Negotiations with various third parties continue.
There can be no assurances that the company will be able to successfully negotiate and complete any funding or other transactions.
Any transactions will be subject to all necessary stock exchange, third-party and government approvals, as well as compliance with all other regulatory requirements.
The company will provide further updates as circumstances warrant.