Golden Star Resources Redeems Remaining $44.37 Million of 4.00%
Convertible Senior Unsecured Debentures
DENVER, CO -- (Marketwire) -- 11/30/12 -- Golden Star Resources Ltd.
(NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the
"Company") today announced that it has redeemed the remaining $44.37
million of its 4.00% Convertible Senior Unsecured Debentures due
November 30, 2012, plus accrued interest, in cash. References to "$"
in this press release are to United States dollars.
Golden Star Resources holds the largest land package in one of the
world's largest and most prolific gold producing regions. The Company
holds a 90% equity interest in Golden Star (Bogoso/Prestea) Limited
and Golden Star (Wassa) Limited, which respectively own the
Bogoso/Prestea and Wassa/HBB open-pit gold mines in Ghana, West
Africa. In addition, Golden Star has an 81% interest in the currently
inactive Prestea Underground mine in Ghana, as well as gold
exploration interests elsewhere in Ghana, in other parts of West
Africa and in Brazil in South America. Golden Star has approximately
259 million shares outstanding. Additional information is available
This announcement does not constitute an offer to sell, nor is it a
solicitation of an offer to sell, securities.
For further information, please contact:
GOLDEN STAR RESOURCES LTD.
Senior Vice President Finance and Corporate Development
Pfeiffer High Investor Relations, Inc.
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