PUBLIC FILING OF RESALE REGISTRATION STATEMENT AND INTENTION TO HAVE SHARES TRADED ON NASDAQ FOLLOWING REDOMICILIATION INTO THE MARSHALL ISLANDS

Athens, Greece, November 23, 2010 – Globus Maritime Limited (“Globus Maritime” or the “Company”) (AIM:GLBS), a dry bulk vessel owner/operator, announces today that it filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) on Monday November 22, 2010. The filing can be found on the SEC’s website, www.sec.gov.

The resale registration statement, once declared effective by the SEC, will allow the selling shareholders named in the registration statement to publicly resell their registered shares as described in the registration statement. The registration statement was filed on behalf of the named selling shareholders, and the Company will not receive any proceeds from the resale of the shares. Shareholders not named in such registration statement will be able to sell their shares publicly subject to compliance with Rule 144 under the Securities Act of 1933 and other applicable U.S. securities laws.

The Company also announces that it has been notified that its shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the company’s registration statement. The Company’s shares will trade on NASDAQ under the ticker symbol “GLBS.” The Company also expects that its listing on the Alternative Investment Market will be cancelled on the day after the Company redomiciles into the Marshall Islands and the effectiveness of its registration statement.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the shares described above, nor shall there be any sale of such shares in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Globus Maritime Limited
Globus is a global provider of seaborne transportation services for dry bulk cargoes, including among others iron ire, coal, grain, cement and fertilizers, along worldwide shipping routes. Globus’ subsidiaries own and operate three Supramax, one Panamax, and one Kamsarmax vessels, with a weighted average age of 3.7 years as at September 30, 2010, and a total carrying capacity of 319,913 DWT. Globus is listed on the AIM market of the London Stock Exchange under ticker GLBS. Jefferies International Limited is acting as nominated adviser and broker to the Company.

Globus Maritime Limited