Nautilus Minerals Inc. announced that Mr. Mike Johnston, company's Vice President for Strategic Development and Exploration has accepted the position of interim President and CEO, effective immediately. After more than four years as President and CEO, Mr. Rogers has decided to return interstate to be with his family; he will however, remain a non-executive director of the company. With Mr. Johnston's appointment on an interim basis, the Nautilus Board intends to undertake a formal recruitment process in order to appoint a permanent President and CEO for Nautilus going forward.

Mr. Johnston will be considered for this permanent position together with other candidates.