Epion Holdings Limited announces purchase of additional common shares and warrants of Nautilus Minerals Inc.

    TORONTO, Nov. 29 /CNW/ - Epion Holdings Limited ("Epion") announces that
on November 28, 2007 it purchased 10,859,690 units of Nautilus Minerals
Inc.("Nautilus") by way of a private placement issuance from treasury. Each
unit consists of one common share of Nautilus (each, a "Common Share") and
one-fifth of a warrant. Each whole warrant entitled the Offeror to acquire one
common share at a price of CDN$3.80 per share until November 28, 2009. As a
result of this purchase, Epion now holds 32,708,799 Common Shares of Nautilus
representing 22.9% of the issued and outstanding Common Shares, as well as
warrants to acquire a further 2,921,938 Common Shares. An Early Warning Report
respecting this transaction has been filed on SEDAR and can be viewed at

For further information:

For further information: Demetris Serghides, Director, Epion Holdings
Limited, Telephone: 00 357 2556 4555, E-mail: dserghides@gainfield.com

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890