Nautilus Minerals has moved from the TSX Venture Exchange (TSXV) to the Toronto Stock Exchange (TSX).

Nautilus CEO David Heydon says: "Since our listing on the TSXV in May 2006, Nautilus has made significant strides towards the development of the world's first deep sea copper-gold mining operation in the territorial waters of Papua New Guinea.

"The North American and UK investment community and mining industry have been very supportive of our endeavours. The move to the TSX is another important milestone as we build an international company with securities across the world's major investment markets."

The move to the TSX does not affect trading in the company's common shares on the London Stock Exchange's AIM market.