GOGL takes delivery of final dry bulk vessel from March agreement
Published by Harleigh Hobbs,
Editor
Dry Bulk,
Back in March 2017, Golden Ocean Group Ltd (GOGL) 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 has now taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), and now all 16 vessels are now delivered. Golden Ocean has issued 1 050 000 consideration shares to Quintana Shipping Ltd and associated companies in exchange for the vessel.
Following this transaction, the company's issued share capital is US$ 6,618,649.60 divided into 132 372 992 issued shares, each with a nominal value of US$0.05.
Read the article online at: https://www.drybulkmagazine.com/shipping/21072017/gogl-takes-delivery-of-final-dry-bulk-vessel-from-march-agreement/
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