Nautilus completes US$2 Million Private Placement

Nautilus Minerals Inc.

TORONTO, ONTARIO--(Marketwired - May 11, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has closed its previously announced private placement pursuant to its financing notice dated April 19, 2017, delivered under the Company's subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended.