Golden Ocean Group Limited (the "Company") has today distributed to its shareholders a request for approval by resolution in writing to increase the Company's authorized share capital from US$5,000,000.00 divided into 500,000,000 common shares of US$0.01 par value each (of which 172,675,637 are in issue) to US$6,000,000.00 divided into 600,000,000 common shares of US$0.01 par value each by the creation of 100,000,000 common shares of US$0.01 par value each. The request is made to its shareholders with shares registered on the record date February 17, 2016. A copy of the request is attached. 

Hamilton, Bermuda
February 22, 2016

 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Notice and Draft Written Resolution


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Golden Ocean Group Limited via Globenewswire
HUG#1987935