VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2007) - Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) (the "Company" or "Nautilus") is pleased to announce that it has sent a notice of the Company's extraordinary general meeting ("EGM") and an information circular to its shareholders regarding the approval of the private placement to Epion Holdings Limited, as previously announced on September 27, 2007 and October 9, 2007. The EGM will be held on Monday, November 26, 2007 at 10:00 am at the Metropolitan Hotel, 645 Howe Street, Vancouver, British Columbia, Canada.
A copy of the notice of the EGM and the information circular is available on the Company's website at: www.nautilusminerals.com.
In addition, the Company advises that as a result of the exercise of certain options, the Company has made application for 8,000 common shares to be admitted to AIM and TSX. The shares are expected to be admitted to trading on November 6, 2007.
About Nautilus Minerals Inc.
Nautilus is the first company to commercially explore the ocean floor for gold and copper seafloor massive sulphide deposits and is positioned to become a world leader in underwater mineral exploration. The Company's main focus for 2007 is the Solwara 1 Project, which is located in the territorial waters of Papua New Guinea in the western Pacific Ocean.
FOR FURTHER INFORMATION PLEASE CONTACT:
Nautilus Minerals Inc. (Toronto)
Nautilus Minerals Inc.
President & CEO
+61 (7) 3318 5555
Numis Securities Limited (NOMAD)
John Harrison/James Black
+ 44(0) 20 7260 1000
Conduit PR Ltd (UK Financial PR)
Arabella Hobbs/ Ed Portman
+ 44(0) 7429 6610 / +44 (0) 7833 926 694