Golden Star Resources Consents to La Mancha Acquiring Additional Shares
Golden Star Resources, Ltd (GSS)
NASDAQ:AMEX Investor Relations:
gsr.com/investors/default.aspx
Company Research
Source: PR Newswire
TORONTO, Sept. 10, 2019 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") announces that La Mancha Holding S.àr.l. ("La Mancha") has requested its consent to La Mancha acquiring up to an additional 5% of the issued and outstanding common shares of the Company through ordinary market or block trade purchases.The Investor Rights Agreement entered into between Golden Star and La Mancha on August 1, 2018 ("the Investor Rights Agreement") in connection with La Mancha's equity investment of US$125.7 million to acquire a 30% stake in Golden Star, restricts La Mancha from acquiring any additional common shares beyond 30% until October 2020 without the prior consent of Golden Star.Golden Star believes that a further investment by La Mancha is in the best interests of the Company and therefore has provided its consent to the additional purchases. Accordingly, the Investor Rights Agreement has been amended and will now restrict La
Show less
Read more
Impact Snapshot
Event Time:
GSS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSS alerts
High impacting Golden Star Resources, Ltd news events
Weekly update
A roundup of the hottest topics