Globus Maritime Announces Update Regarding Private

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
216
Globus Maritime Announces Update Regarding Private Placement

ATHENS, GREECE--(Marketwired - Jan 13, 2017) -  Globus Maritime Limited ("Globus," or the "Company"), (NASDAQ: GLBS), a dry bulk shipping company, announced today that its previously disclosed private placement and conversion of debt will not occur as planned. The transaction was previously described in the Company's press release issued on November 28, 2016 and Current Report on Form 6-K filed with the Securities and Exchange Commission on November 29, 2016. These transactions with multiple parties had to all close simultaneously, but one party has not agreed to consummate the transaction.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or any other securities laws and may not be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from registration requirements.

About Globus Maritime Limited

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of 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 8.8 years as of December 31, 2016.

Safe Harbor Statement

This communication contains "forward-looking statements" (as defined in Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements provide the Company's current expectations or forecasts of future events. Forward-looking statements include statements about the Company's expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "will" or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company's actual results could differ materially from those anticipated in forward-looking statements for many reasons specifically as described in the Company's filings with the Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes in the reports it will file from time to time with the Securities and Exchange Commission after the date of this communication.

For further information please contact: Globus Maritime Limited Athanasios Feidakis CEO, CFO +30 210 960 8300 a.g.feidakis@globusmaritime.gr Capital Link - New York Nicolas Bornozis +1 212 661 7566 globus@capitallink.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Mexico's Beaches Shine in 2026 Best America Rankings

Updated Category News Views 4

Mexican Shores Turning Heads in 2026 This isn’t just another wave in tourism news; it’s a tidal shift towards Mexico’s sizzling beaches claiming some prime spots on the global travel stage. If you’ve got an eye for tourism dynamics, listen up because Mexico’s sun-soaked shores just snagged six spots among the top 20 beaches in the Americas, according to the...

Continue Reading
Steel Dynamics Gears Up for Q3 2026 Earnings Update

Updated Category News Views 5

Steel Dynamics Preps for Key Earnings Report Folks, we're staring down the barrel of another quarterly earnings report from Steel Dynamics, Inc., and you can bet this one is gonna have plenty of eyes glued. October 19th, 2026, that's when they'll peel back the curtain on how they fared in Q3. Now, buckle up, because this isn't just a numbers game—it’s a snapshot of...

Continue Reading
Lupin Secures FDA Nod for Key Injectable Drug

Updated Category News Views 3

Lupin's FDA Approval: A Strategic Play in Pharmaceuticals Ah, the thrill of a new approval! Lupin Limited has landed U.S. FDA approval for their Phytonadione Injectable Emulsion, marking a significant stride into the lucrative realm of vitamin K treatments. This approval isn't just a feather in Lupin's cap—it's a calculated move to corner a piece of the estimated $52.3...

Continue Reading
PrideStaff: 8 Years Strong on Franchise Times Top 400

Updated Category News Views 4

Where PrideStaff Stands in the Franchise Landscape Here's something the staffing world can't ignore: PrideStaff nailed it again, landing among the giants on the Franchise Times Top 400 for the eighth straight year. Sitting at number 217, this ain't just a lucky streak—this is a sustained homerun, my friends. Consistency Is Key, And They're Holding It Consider this...

Continue Reading
Protecting Your Family on Halloween: Safety Tips

Updated Category News Views 5

Avoid Turning Halloween Fun Into a Medical Emergency Halloween should be about ghosts and ghouls, not a dreaded detour to the ER. Yet, every year, adults and kids get carried away with costumes, only to find themselves in a real-life horror show courtesy of a slip, a fall, or a carving mishap. The American Academy of Orthopaedic Surgeons (AAOS) is waving the safety flag,...

Continue Reading
Newfold Digital Revamps Leadership for Growth Surge

Updated Category News Views 2

Steering into New Horizons with Fresh Leadership October 2026 marks a fresh chapter for Newfold Digital, as they shuffle the deck chairs a bit and ramp up for some ambitious growth endeavors. This web and commerce tech company decided it's time to bring a few heavy hitters on board. Starting this month, watch out for Sachin Puri taking the reins as Chief Executive...

Continue Reading
CME Group Unveils First Baseball Futures Market

Updated Category News Views 4

A New Pitch in the Financial Ballpark Alright, listen up: CME Group is stepping up to the plate with a game-changer. They’re rolling out the world’s first baseball futures, launching October 12, assuming regulators give the green light. Now, this isn’t just some novelty act; it’s based on the solid groundwork of their FutureSports Performance Indexes (CME FSPI),...

Continue Reading
Full Sail University Bags Billboard Music School Honor

Updated Category News Views 4

Full Sail Scores a Billboard Nod — What's the Big Deal? Alright, Full Sail University just snagged a spot on Billboard Magazine's 2026 Top Music Business Schools list. That's no small fry, folks. This Florida institution has been carving out a niche in the music business education scene with a hands-on learning approach that hits the nail right on the head. The Recipe...

Continue Reading
Aspen Dental Brings Comprehensive Care to Whiteville

Updated Category News Views 4

Bringing Dentistry Closer to Home Now, Whiteville's dental game just got a power-up, with Aspen Dental setting up shop in town. This isn't just another practice popping up—it's a full-on dental hub offering everything from regular cleanings to emergency tooth fixes. And let’s face it, this area's diverse population needs it. The Man Behind the Chair Guess who’s at...

Continue Reading
Striveworks: Boosting Army's AI Edge in Indo-Pacific

Updated Category News Views 5

The world keeps marching forward, and here’s Striveworks stepping up to the plate with another big move in the military tech space. This isn't your average partnership renewal; this involves a five-year, $200 million deal to enhance battlefield AI as the U.S. Army hones its modern warfare edge in the Indo-Pacific. Now, this isn't just a battle of strategies but a battle...

Continue Reading

Top 5 Most Recently Viewed Articles

Collaboration Between Defense Metals and Saskatchewan Research

Updated Category News Views 101

Strategic Partnership to Strengthen Supply Chain Defense Metals Corp. is excited to announce its newly signed Memorandum of Understanding (MOU) with the Saskatchewan Research Council (SRC), a move that promises to bolster the domestic supply chain of rare earth elements (REE) in North America. This strategic collaboration is aimed at tapping into the expertise of SRC in...

Continue Reading
Exceptional Talent Joins Florida Cancer Specialists Team

Updated Category News Views 105

Expanding Excellence at Florida Cancer Specialists Florida Cancer Specialists & Research Institute, LLC (FCS) has recently broadened its healthcare team with the addition of two esteemed physicians. Board-certified medical oncologist and hematologist Dr. Bhanu Visvalingam, MD, and radiation oncologist Dr. John Bollinger, MD are the latest additions, enhancing the...

Continue Reading
Rigetti Computing Gains Momentum Despite Recent Challenges

Updated Category News Views 279

Rigetti Computing Shows Signs of Recovery Rigetti Computing, Inc. (NASDAQ: RGTI) has been experiencing price movements in its stock following a recent dip, igniting interest among investors and market watchers alike. On a day marked with fluctuations, shares of Rigetti are trading positively after a previous decline tied to financial results. Revenue Report Raises...

Continue Reading
Novarc Technologies Secures Spot in Deloitte's Top 500 List

Updated Category News Views 149

Novarc Technologies Ranked Among North America's Fastest Growers Novarc Technologies Inc. has achieved a remarkable milestone, ranking No. 381 on the prestigious Deloitte Technology Fast 500 list, a testament to its rapid growth and innovation in the field of automated welding solutions. The company, known for its cutting-edge full-stack AI robotics applications,...

Continue Reading
FFW Corporation Declares $0.30 Quarterly Dividend

Updated Category News Views 80

FFW Corporation Announces Quarterly Cash Dividend FFW Corporation (OTC PINK: FFWC), the parent company of Crossroads Bank, has announced a quarterly cash dividend of $0.30 per share for its shareholders. This declaration is an important milestone for investors, with the dividend set to be paid out on September 27, 2024, to those who are on record as of September 13, 2024....

Continue Reading