GOGL - Delivery of dry bulk vessel
(Thomson Reuters ONE) -
Reference is made to the stock exchange notice dated March 14, 2017 where Golden
Ocean Group Limited (NASDAQ and OSE: GOGL) ("Golden Ocean" or the "Company")
announced that it has entered into agreements to acquire 16 modern dry bulk
vessels in an all-share transaction where the Company will issue in aggregate
17.8 million consideration shares.
The Company is pleased to announce that it has taken delivery of additional one
vessel, Sea Amber (to be renamed Golden Amber). Golden Ocean has issued
1,650,000 consideration shares to Hemen Holding Limited in exchange for the
vessel. Following this transaction, the Company's issued share capital is USD
6,393,649.60 divided into 127,872,992 issued shares, each with a nominal value
of USD 0.05.
June 19, 2017
Hamilton, Bermuda
The Board of Directors
Golden Ocean Group Ltd.
***
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking
statements. The Private Securities Litigation Reform Act of 1995 provides safe
harbor protections for forward-looking statements, which include statements
concerning plans, objectives, goals, strategies, future events or performance,
and underlying assumptions and other statements, which are other than statements
of historical facts. Words such as "believe", "anticipate", "intends",
"estimate", "forecast", "project", "plan", "potential", "may", "should",
"expect", "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various
assumptions. Although we believe that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control, we cannot assure you that we will achieve or accomplish
these expectations, beliefs or projections. The information set forth herein
speaks only as of the date hereof, and we disclaim any intention or obligation
to update any forward-looking statements as a result of developments occurring
after the date of this communication.
In addition to these important factors and matters discussed elsewhere herein,
important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include the
strength of world economies, fluctuations in currencies and interest rates,
general market conditions, including fluctuations in charter hire rates and
vessel values, changes in demand in the dry bulk market, changes in our
operating expenses, including bunker prices, drydocking and insurance costs, the
market for our vessels, availability of financing and refinancing, changes in
governmental rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general domestic and
international political conditions, potential disruption of shipping routes due
to accidents, political events or acts by terrorists, and other important
factors described from time to time in the reports filed by the Company with the
Securities and Exchange Commission.
This information is subject to the disclosure requirements of section 5-12 of
the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Golden Ocean Group Limited via GlobeNewswire
Datum: 19.06.2017 - 16:56 Uhr
Sprache: Deutsch
News-ID 548657
Anzahl Zeichen: 4294
contact information:
Town:
Hamilton
Kategorie:
Business News
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"GOGL - Delivery of dry bulk vessel"
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