Nautilus Delivers US$2 Million Financing Notice for August 2017

TORONTO, ONTARIO--(Marketwired - July 24, 2017) - Nautilus Minerals Inc. (TSX:NUS)(OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that, pursuant to its subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited (together, the "Investors") dated August 21, 2016, as amended (the "Subscription Agreement"), the Company has delivered a financing notice dated July 21, 2017 (the "Financing Notice") to the Investors in respect of a private placement of an aggregate of 11,761,682 common shares of the Company at an issue price of C$0.214 per share for aggregate proceeds to the Company of US$2,000,000. The private placement will be allocated equally between the two Investors.