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georgie18

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Re: georgie18 post# 961

Wednesday, 07/05/2017 8:30:34 AM

Wednesday, July 05, 2017 8:30:34 AM

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https://www.otcmarkets.com/stock/SHIP/news
ATHENS, GREECE -- (Marketwired) -- 07/05/17 -- Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)

Highlights of 1Q 2017:

Net Revenues: $13.3 million in 1Q 2017, up 90% compared to $7.0 million in 1Q 2016
Expected gain of $11.4 million upon closing of refinancing of an existing loan facility
Acquisition of another modern Capesize vessel, increasing fleet cargo-carrying capacity to 1.7 million dwt
Proactive covenant waivers and deferrals with major lenders until second quarter of 2018
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