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Nautilus Minerals receives unsolicited bid

Michael Allan McCrae | January 09, 2013 | 12:12 am Base Metals Precious Metals Asia China Copper Gold Nickel Silver 

Beleagured underwater miner, Nautilus Minerals (TSE:NUS), has been given an unsolicited bid for all outstanding common stock at 97 cents per share for an aggregate purchase price of $237.99 million. Michael Bailey, a minority shareholder, is behind the bid. Gannibal...

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