TIDMNUS

RNS Number : 0471V

Nautilus Minerals Inc.

08 January 2013

Press Release

Number 2013 - 1

Nautilus responds to announcement of unsolicited take-over bid

Toronto, Ontario, January 8, 2013 - Nautilus Minerals Inc. (the "Company" or "Nautilus") has become aware through a news release dated January 7, 2013 that Michael Bailey, an individual, and an entity controlled by him, intend to make an unsolicited offer to purchase all of the outstanding shares of Nautilus.

Nautilus has not had any contact with Mr. Bailey or any entity controlled by him with respect to this unsolicited offer and has no prior knowledge thereof. Nautilus is therefore unable to make any determinations regarding the offer or its validity.

The Board of Directors of Nautilus will consider the unsolicited offer if and when it is formally made. Nautilus advises its shareholders not to take any action in respect of such offer, if and when made, until shareholders have received further communication from the Board of Directors of Nautilus.

For more information please refer to www.nautilusminerals.com or contact:

 
 Investor Relations                      Numis Securities Limited 
  Nautilus Minerals Inc. (Toronto)        Nominated adviser: Alastair Stratton/Stuart 
  Email: investor@nautilusminerals.com    Skinner 
  Tel: +1 (416) 551 1100                  Corporate broking: James Black 
                                          Tel: + 44(0) 20 7260 1000 
 
                                          Dahlman Rose & Co., LLC 
                                          Christopher R. Weekes 
                                          1301 Avenue of the America's 
                                          New York, NY 10019 
                                          Direct: +1 212 372 5766

Neither the TSX, London Stock Exchange, nor the OTCQX accepts responsibility for the adequacy or accuracy of this press release.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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