Golden Star Announces Results of Special Meeting

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Golden Star Announces Results of Special Meeting

PR Newswire

TORONTO, Sept. 18, 2018 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Corporation") is pleased to announce that both resolutions put before shareholders of the Corporation at yesterday's Special Meeting were duly passed.

The results of the votes were as follows:






Resolution #1

Votes For

Votes
Against

Percentage
of Votes
For

Percentage
of Votes
Against

To pass the Private
Placement Resolution1
approving the issuance of
163,210,500 common
shares of the Corporation
to La Mancha Holding S.à r.l.

183,836,439

1,941,611

98.95%

1.05%






 

Resolution #2

Votes For

Votes
Against

Percentage
of Votes
For

Percentage
of Votes
Against

To pass the Consolidation
Resolution1 on the basis
of 1 post-consolidation
common share for every
5 pre-consolidation
common shares.

291,235,443

10,187,800

96.62%

3.38%

 

Notes:
1. As defined in the Management Information Circular of the Corporation dated August 14, 2018.

 

Company Profile

Golden Star is an established gold mining company that owns and operates the Wassa and Prestea mines in Ghana, West Africa. Listed on the NYSE American, the Toronto Stock Exchange and the Ghanaian Stock Exchange, Golden Star is focused on delivering strong margins and free cash flow from its two high grade, low cost underground mines. Gold production guidance for 2018 is 230,000-255,000 ounces at a cash operating cost per ounce of $650-730.  As the winner of the PDAC 2018 Environmental and Social Responsibility Award, Golden Star is committed to leaving a positive and sustainable legacy in its areas of operation.

Cision View original content:http://www.prnewswire.com/news-releases/golden-star-announces-results-of-special-meeting-300714119.html

SOURCE Golden Star Resources Ltd.

Copyright CNW Group 2018

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