BRIEF-Nautilus Minerals terminates agreement with the state of Papua New Guinea

Feb 13 (Reuters) - Nautilus Minerals Inc NUS.TO :

* Terminates agreement with the state

* Announces independent state of papua new guinea has not completed purchase of

its 30% interest in solwara 1 project

* Says Nautilus continues to seek an amicable resolution of the dispute with

the state

* Says accordance with the state equity option agreement Nautilus has

terminated the agreement and will now claim damages

* Rpt-nautilus minerals terminates agreement with the state

* Source text for Eikon News Search ID:nMKWhp6b5a

* Further company coverage NUS.TO ((Bangalore Newsroom; +1 646 223 8780))