Mr. Russell Debney reports

NAUTILUS MINERALS AGM VOTING RESULTS

Nautilus Minerals Inc. has released the results of its annual general meeting held today in Vancouver, B.C., at which 59.12 per cent of the issued shares were represented. Shareholders voted in favour of all resolutions brought before them.

Russell Debney, Nautilus's chairman, said: "We have continued to make excellent progress in the past year resulting in the delivery of our completed sea floor production equipment. Subsequently, we have commenced submerged trials of the sea floor production tools in Papua New Guinea this past quarter and have delivered the launch and recovery equipment to the Mawei shipyard in China, while also progressing there with the build of our production support vessel (PSV). We now look forward to seeing more of the equipment arrive for integration over the coming months at the shipyard as we gear up towards the launch of the PSV early in 2018. Subject to financing, we continue to target the commencement of operations at the Solwara 1 project site in Q1 2019."

The company provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the company's information circular, filed on SEDAR on May 11, 2017:

• Election of directors: Russell Debney, Dr. Mohammed Al Barwani, Tariq Barwani and Mark Horn were re-elected as directors of the company for the ensuing year.
• Appointment and remuneration of auditor: PricewaterhouseCoopers LLP was reappointed the auditor of the company for the ensuing year, and the directors were authorized to fix its remuneration.
• Reapproval of option and share plans: The company's stock option plan and share loan plan, and all entitlements thereunder, were reapproved by the shareholders in accordance with the requirements of the Toronto Stock Exchange.

The proxy results of voting in respect of the directors were as set out in the attached table.

                   VOTING RESULTS FOR ELECTION OF DIRECTORS

Director                   Votes for      % for       Votes withheld     % withheld

Russell Debney           353,592,903      99.87%             457,973           0.13%
Mohammed Al Barwani      353,521,516      99.85%             529,360           0.15%
Tariq Al Barwani         322,347,556      91.05%          31,703,320           8.95%
Mark Horn                353,528,985      99.85%             521,891           0.15%

About Nautilus Minerals Inc.

Nautilus is the first company to explore the ocean floor for polymetallic sea floor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The company has also been granted its environmental permit for this site.

Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the central Pacific.

We seek Safe Harbor.