Nautilus Minerals Inc. announced that the Company has received a loan from Deep Sea Mining Finance Ltd. in the principal amount of USD 455,000 under the previously announced loan agreement between the Company, two of its subsidiaries and the Lender which provides for a secured structured credit facility of up to USD 34 million. The loans bear interest at 8% per annum, payable bi-annually in arrears. All loans have a maturity date of January 8, 2019. As previously disclosed, the Company and the Lender are in discussions regarding an extension of the maturity date. There can be no assurances that the Company will be able to obtain such an extension. Any transactions will be subject to all necessary stock exchange, third party and government approvals, as well as compliance with all other regulatory requirements. The loans are being provided to fund the Company's working capital requirements while the Company seeks, with the assistance of its financial advisors, the remaining project financing to complete the development of the Solwara 1 Project.