Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of Shareholders
31 July 2023 - 11:00PM
Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ:
CTRM), (“Castor” or the “Company”), a diversified global shipping
company, announced today that its Board of Directors (the "Board")
has scheduled the Company’s 2023 Annual General Meeting of
Shareholders (the "Meeting") to be held on September 1, 2023, at
6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street,
Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a
record date of July 3, 2023 (the "Record Date") for the
determination of the shareholders entitled to receive notice of and
to vote at the Meeting or any adjournment thereof.
The Company’s Notice of the Meeting and Proxy
Statement will be mailed on or around August 1, 2023, to
shareholders of record as of the Record Date and will be furnished
to the Securities and Exchange Commission (the "Commission") and
available on the Commission's website at www.sec.gov. The proxy
material will also be available on the Company’s website at
www.castormaritime.com.
About Castor Maritime Inc.
Castor Maritime Inc. is an international
provider of shipping transportation services through its ownership
of oceangoing cargo vessels.
Castor owns a fleet of 20 vessels, with an
aggregate capacity of 1.6 million dwt, currently consisting of one
Capesize, six Kamsarmax, 11 Panamax dry bulk vessels, which include
the M/V Magic Moon it has previously announced it has agreed to
sell on March 23, 2023, and two 2,700 TEU containership
vessels.
For more information please visit the Company’s
website at www.castormaritime.com Information on our website
does not constitute a part of this press release.
Cautionary Statement Regarding
Forward-Looking Statements
Matters discussed in this press release may
constitute forward-looking statements. We intend such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in Section 27A
of the Securities Act of 1933, as amended (the “Securities Act”)
and Section 21E of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”). Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements, which
are other than statements of historical facts. We are including
this cautionary statement in connection with this safe harbor
legislation. The words “believe”, “anticipate”, “intend”,
“estimate”, “forecast”, “project”, “plan”, “potential”, “will”,
“may”, “should”, “expect”, “pending” and similar expressions
identify forward-looking statements. The forward-looking statements
in this press release are based upon various assumptions, many of
which are based, in turn, upon further assumptions, including
without limitation, our management’s examination of historical
operating trends, data contained in our records and other data
available from third parties. Although we believe that these
assumptions were reasonable when made, because these assumptions
are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond our control, we cannot assure you that we will achieve or
accomplish these forward-looking statements, including these
expectations, beliefs or projections. In addition to these
important factors, other important factors that, in our view, could
cause actual results to differ materially from those discussed in
the forward‐looking statements include the effects of the spin-off
of our tanker business, our business strategy, shipping market
conditions and trends, the rapid growth of our fleet, our
relationships with our current and future service providers and
customers, our ability to borrow under existing or future debt
agreements or to refinance our debt on favorable terms and our
ability to comply with the covenants contained therein, our
continued ability to enter into time or voyage charters with
existing and new customers and to re-charter our vessels upon the
expiry of the existing charters, changes in our operating and
capitalized expenses, our ability to fund future capital
expenditures and investments in the acquisition and refurbishment
of our vessels, instances of off-hire, future sales of our
securities in the public market and our ability to maintain
compliance with applicable listing standards, volatility in our
share price, potential conflicts of interest involving members of
our board of directors, senior management and certain of our
service providers that are related parties, general domestic and
international political conditions or events (including “trade
wars”, global public health threats and major outbreaks of
disease), changes in seaborne and other transportation, changes in
governmental rules and regulations or actions taken by regulatory
authorities, and the impact of adverse weather and natural
disasters. The information set forth herein speaks only as of the
date hereof, and we disclaim any intention or obligation to update
any forward‐looking statements as a result of developments
occurring after the date of this communication, except to the
extent required by applicable law. New factors emerge from time to
time, and it is not possible for us to predict all or any of these
factors. Further, we cannot assess the impact of each such factor
on our business or the extent to which any factor, or combination
of factors, may cause actual results to be materially different
from those contained in any forward-looking statement. Please see
our filings with the Securities and Exchange Commission for a more
complete discussion of these foregoing and other risks and
uncertainties. These factors and any other risk factors described
in this press release are not necessarily all of the important
factors that could cause actual results or developments to differ
materially from those expressed in any of our forward-looking
statements. Given these uncertainties, prospective investors are
cautioned not to place undue reliance on such forward-looking
statements.
CONTACT DETAILS
For further information please contact:
Petros PanagiotidisCastor Maritime Inc. Email:
ir@castormaritime.com
Media Contact: Kevin Karlis Capital LinkEmail:
castormaritime@capitallink.com
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