Globus Maritime Announces Conversion of Debt and Issuance of Shares
May 02 2019 - 9:00AM
Globus Maritime Limited (the “
Company” or
“
Globus”) (NASDAQ: GLBS), a dry bulk shipping
company, announced today that, in accordance with the terms and
provisions of the revolving credit facility, dated November 21,
2018, between the Company and Firment Shipping Inc., an entity
deemed as an affiliated party through common control, the Company
has elected to convert the aggregate outstanding principal balance
and accrued interest of US$3,170,136 into 1,132,191 shares of
common stock of the Company.
About Globus Maritime
LimitedGlobus is an integrated dry bulk shipping company
that provides marine transportation services worldwide and
presently owns, operates and manages a fleet of five dry bulk
vessels that transport iron ore, coal, grain, steel products,
cement, alumina and other dry bulk cargoes internationally. Globus’
subsidiaries own and operate five vessels with a total carrying
capacity of 300,571 Dwt and a weighted average age of 10.8 years as
of December 31, 2018.
For further information
please contact: |
Globus Maritime Limited |
+30 210 960 8300 |
Athanasios Feidakis, CEO |
a.g.feidakis@globusmaritime.gr |
|
|
Capital Link – New York |
+1 212 661 7566 |
Nicolas Bornozis |
globus@capitallink.com |
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