Press release from Nordic American Tankers (NYSE:NAT): Information from Nordic American Offshore (NYSE:NAO)
(Thomson Reuters ONE) -
Hamilton, Bermuda, July 13, 2017
For the interest it may have, below is a press release from Nordic American
Offshore Ltd. that was announced today.
Nordic American Tankers Limited owns 22.6% of the shares in NAO and the
immediate Hansson family owns 10.8% of the NAO shares.
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Nordic American Offshore Ltd. (NYSE:NAO) - comments to an article in Tradewinds
Hamilton, Bermuda, July 13, 2017
A maritime magazine (Tradewinds) writes today (July 13, 2017) that NAO has a
matter ongoing with Security and Exchange Commission (SEC). This is not correct.
The matter is closed. It is normal from time to time that a stock listed company
has communication with SEC. NAO has no discussions with SEC.
The magazine is writing this in connection with Alexander Hanssons' purchase of
300,000 shares in Nordic American Offshore Ltd. yesterday. The immediate Hansson
family is now holding 10.8% of the shares in NAO.
CAUTIONARY STATEMENT REGARDING 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 in order to encourage
companies to provide prospective information about their business. Forward-
looking statements 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.
The Company desires to take advantage of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 and is including this
cautionary statement in connection with this safe harbor legislation. The words
"believe," "anticipate," "intend," "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, many of which are based, in turn, upon further assumptions,
including without limitation, our management's examination of historical
operating trends, data contained in our records and other data available from
third parties. 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. We undertake no obligation to update
any forward-looking statement, whether as a result of new information, future
events or otherwise.
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 and currencies, general market conditions, including
fluctuations in charter rates and vessel values, changes in demand in the PSV
market, as a result of changes in the general market conditions of the oil and
natural gas industry which influence charter hire rates and vessel values,
demand in platform supply vessels, our operating expenses, including bunker
prices, dry docking and insurance costs, governmental rules and regulations or
actions taken by regulatory authorities as well as potential liability from
pending or future litigation, general domestic and international political
conditions, potential disruption of shipping routes due to accidents or
political events, the availability of financing and refinancing, vessel
breakdowns and instances of off-hire and other important factors described from
time to time in the reports filed by the Company with the Securities and
Exchange Commission.
Contacts:
Herbjørn Hansson, Executive Chairman
Nordic American Offshore Ltd.
Tel: +1 866 805 9504 or + 47 90 14 62 91
Web-site: www.nao.bm
Press release (PDF):
http://hugin.info/201/R/2120265/807726.pdf
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: Nordic American Tankers Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.07.2017 - 12:37 Uhr
Sprache: Deutsch
News-ID 552301
Anzahl Zeichen: 5106
contact information:
Town:
Hamilton
Kategorie:
Business News
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"Press release from Nordic American Tankers (NYSE:NAT): Information from Nordic American Offshore (NYSE:NAO)"
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Nordic American Tankers Limited (Nachricht senden)
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