Euroseas Ltd. announced the resignation of Mr. George Skarvelis as director of the Company. Mr. Skarvelis served as director of Euroseas since the Company's inception in May 2005. Mr. Skarvelis' resignation becomes effective as of May 11, 2017. Effective with Mr. Skarvelis' resignation, in accordance with the Company's articles and bylaws, the board of directors of the Company has determined to reduce the size of the board to seven directors, meaning that there will not be a director appointed by the board to replace Mr. Skarvelis.