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Golden Energy Offshore Services Plans NOK320 Million Private Placement

MT Newswires·12/12/2025 05:22:42
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05:22 AM EST, 12/12/2025 (MT Newswires) -- Golden Energy Offshore Services ASA (GEOS.OL) is considering a private placement of shares to raise 320 million Norwegian kroner in gross proceeds. The Norway-based ship owner and operator expects to issue 40 million new shares at 8 kroner apiece, with applications closing later on Friday, according to a same-day release. Settlement is anticipated on Jan. 5, 2026. The transaction is intended to bolster the company's liquidity amid uncertain market conditions.