Nautilus Minerals Inc. reported audited consolidated earnings results for the year ended December 31, 2015. For the period, the company reported operating loss of $25,342,458 against $18,995,242 a year ago. Loss and comprehensive loss for the year was $24,882,330 against $13,750,240 a year ago.

Loss per share was $0.06 per basic and diluted share against $0.03 per basic and diluted share. Net cash used in operating activities was $21,715,211 against $1,672,774 a year ago. Purchase of plant and equipment was $23,142,571 against $12,235,806 a year ago.

Exploration and evaluation assets were $6,464,653 against $3,169,800 a year ago.