Mr. Mike Johnston reports

NAUTILUS MINERALS ANNOUNCES FINANCIAL RESULTS FOR Q2 2013

Nautilus Minerals Inc. has released its unaudited consolidated financial statements for the second quarter ended June 30, 2013, together with management's discussion and analysis.

Second quarter 2013 significant events:

• Successfully closed rights offering for gross proceeds of $40-million;
• $64.5-million (U.S.) in cash and cash equivalents as at June 30, 2013;
• Discussions continued with representatives of the state of Papua New Guinea with a view to achieving an amicable resolution of the dispute.

"We are very pleased to have raised $40-million through the recent rights offering in the current market conditions and appreciate the high level of support for the company from our existing shareholders," said Nautilus'a interim chief executive officer, Mike Johnston. "The net proceeds from the offering will be used by the company to continue funding its three key contracts related to the seafloor production system."