An anonymous director reports

NAUTILUS MINERALS: STATE NOMINEE'S OPTION

The Independent State of Papua New Guinea's nominee, Eda Kopa (Solwara) Ltd., Nautilus Minerals Inc.'s joint venture partner in the Solwara 1 project in Papua New Guinea, has elected not to exercise its option to take up to a further 15-per-cent interest in the project.

Nautilus and the state nominee, which maintains a 15-per-cent interest in the project, continue to work together to complete the seafloor production system to be used at the project site when mining is planned to commence in the first quarter of 2018.

We seek Safe Harbor.