NEWPORT, R.I., Jan. 8, 2018 /PRNewswire/ -- Pangaea
Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ:
PANL), announced today that it has filed a Form S-3 with the
Securities and Exchange Commission for the registration of shares
held by certain of our shareholders, as well as for the
registration of up to $100 million in
primary shares or other forms of registered securities.
Ed Coll, the Chief Executive
Officer of Pangaea said, "As a publicly traded company, we remain
focused on creating opportunities for our shareholders to
participate in our success. By increasing the liquidity of our
stock and creating a platform to raise additional capital, we
believe we are providing a more solid foundation for future
growth."
About Pangaea Logistics Solutions, Ltd.
Pangaea
Logistics Solutions Ltd. provides logistics and ocean shipping
services to a broad base of industrial customers who require the
transportation of a wide variety of dry bulk cargoes, including
grains, pig iron, hot briquetted iron, bauxite, alumina, cement
clinker, dolomite, and limestone. The Company addresses the
transportation needs of its customers with a comprehensive set of
services and activities, including cargo loading, cargo discharge,
vessel chartering, and voyage planning. Learn more at
www.pangaeals.com.
CONTACT:
INVESTOR RELATIONS:
Prosek
Partners
Thomas Rozycki
(212) 279-3115 x208
trozycki@prosek.com
Kathleen Bentley
(212) 279-3115 x206
kbentley@prosek.com
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SOURCE Pangaea Logistics Solutions Ltd.