SeaBird Adds BOA Thalassa

  • Business & Finance

SeaBird Exploration said it has completed the acquisition of the vessel BOA Thalassa for a purchase price of NOK 92,500,000.

NOK 64,833,553 has been paid in cash, and NOK 27,666,447 has been paid in the form of 23,055,373 new shares of the company.

The new shares will be delivered, transferred and listed on Oslo Børs upon approval of a prospectus, estimated in June 2019.

The completion of acquisition of BOA Galatea is in progress and will complete later, expected in July/August 2019.

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