Nautilus Minerals Completes Assembly of Bulk Cutter
Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) announced that assembly of the Bulk Cutter (BC), which is the first of the Seafloor Production Tools (SPTs), has been completed. Nautilus' CEO, Mike Johnston said "This is a major milestone for the Company, having the first of the three SPTs assembled. Subsea vehicle designer and manufacturer, Soil Machine Dynamics Ltd (SMD) of Newcastle upon Tyne, UK, is the company responsible for building the SPTs for Nautilus.