BRIEF-Nautilus Minerals announces Q2 financial results

Mon Aug 15, 2016 5:16pm EDT
 
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Aug 15 (Reuters) - Nautilus Minerals Inc

* Nautilus Minerals announces financial results for Q2 2016

* Has implemented certain measures aimed at preserving company's capital position

* Measures include reducing workforce, terminating contracts for construction of seafloor production equipment in early development

* Measures also include not entering into any new construction contracts until additional funding required is secured Source text for Eikon: Further company coverage: