Prospectus Golden Ocean Group Limited
PROSPECTUS GOLDEN OCEAN GROUP LIMITED (a limited liability company incorporated under the laws of Bermuda) __________ Listing of 17,800,000 Consideration Shares, issued in connection with the Acquisition __________ The information contained in this prospectus (the “Prospectus”) relates to (i) the listing on Oslo Børs, a stock exchange operated by Oslo Børs ASA (the “Oslo Stock Exchange”) by Golden Ocean Group Limited (the “Company” or “Golden Ocean”), a limited liability company incorporated under the laws of Bermuda (together with its consolidated subsidiaries, the “Group”), of 14,500,000 new Shares in the Company, each with a par value of USD 0.05 (the “Quintana Shares”), issued in connection with the Company’s acquisition of Quintana Shipping Ltd’s (“Quintana”) fleet of 14 dry bulk vessels (the “Quintana Acquisition”) and (ii) the listing of 3,300,000 new Shares in the Company, each with a par value of USD 0.05 (the “Hemen Shares”, and together with the Quintana Shares, the “Consideration Shares”), issued in connection with the Company’s acquisition of two ice class Panamax vessels from subsidiaries of Seatankers Co. Ltd. (“Seatankers”), an affiliate of Hemen (as defined below) (the “Hemen Acquisition”, and together with the Quintana Acquisition, the “Acquisition”). The Consideration Shares will be issued in steps at the time that the Company takes ownership of each vessel. __________ Trading in the Consideration Shares is expected to commence during the second quarter of 2017 under the trading symbol “GOGL”. Some delay might be expected due to uncertainties in the delivery schedules for the various vessels. __________ For definitions of certain other terms used throughout this Prospectus, see Section 20 “Definitions”.
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