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Nautilus gets bankruptcy protection

Seafloor mining hopeful Nautilus Minerals has obtained an order from the British Columbia Supreme Court providing it with creditor protection under the Companies’ Creditors Arrangement Act.

Nautilus gets bankruptcy protection Nautilus gets bankruptcy protection Nautilus gets bankruptcy protection Nautilus gets bankruptcy protection Nautilus gets bankruptcy protection

Nautilus has lost control of its business-critical production support vessel

Nautilus said it was not bankrupt and remained in control of all its business, but it continued to receive debt support from lending partner Deep Sea Mining Finance to complete its corporate and