Golden Star Resources completes bought deal public offering

On February 7, 2017, Golden Star Resources Ltd. (“Golden Star”) completed a bought deal public offering (the “Offering”) of 31,363,950 common shares (“Common Shares”), including 4,090,950 Common Shares issued pursuant to the fully exercised over-allotment option, at a price of Cdn.$1.10 per Common Share for a total aggregate gross proceeds of $34,500,345. The Offering was completed through a syndicate of underwriters led by Clarus Securities Inc., and including BMO Nesbitt Burns Inc., National Bank Financial Inc., CIBC World Markets Inc., and Scotia Capital Inc. Golden Star was advised by a team from Fasken Martineau, including John Sabetti, Will Shaw, and Ron Tarter, with the assistance of students-at-law Matt Downer and Ryan Schnier.