GOGL Circulates Request for Written Resolution of Shareholders

HAMILTON, Bermuda, Feb. 22, 2016 (GLOBE NEWSWIRE) -- 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 http://hugin.info/132879/R/1987935/729811.pdf


CONTACT: Inger Marie Klemp (CFO), +47 23 11 40 00Source:Golden Ocean Group Limited