Golden Star Announces Results of Special Meeting
September 18 2018 - 6:55AM
PR Newswire (US)
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.
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SOURCE Golden Star Resources Ltd.
Copyright 2018 PR Newswire
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