Globus Maritime Announces Exercise of Warrants

ATHENS, Greece, Dec. 22, 2017 -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ:GLBS), a dry bulk shipping company, announced today that  investors holding warrants originally issued pursuant to the Company’s February 2017 private placement have elected to exercise their  right to purchase 274,808  of the Company’s common shares at a price of $1.60 per share.

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’s subsidiaries own and operate five vessels with a total carrying capacity of 300,571 dwt and a weighted average age of 9.6 years as of September 30, 2017.