Golden Star Announces US$30 Million Offering of Common Shares

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Go back to Golden Star Announces US$30 Million Offering of Common Shares

Golden Star Resources Ltd. (GSS) Announces $30M Conv. Notes Offering

July 25, 2016 7:29 AM EDT

Golden Star Resources Ltd. (NYSE: GSS) announces that it is offering US$65.0 million aggregate principal amount of convertible senior notes due 2021 (the "Notes") pursuant to applicable U.S. and Canadian private placement exemptions. As part of the offering, the Company has entered into exchange and purchase agreements with two holders of its 5.0% convertible senior unsecured debentures due June 1, 2017 to exchange approximately US$40.0 million principal amount of the outstanding convertible debentures for an equal principal amount of... More