18 Nov 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. Senior VP, CFO Allan J Marter bought 40,000 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Nov 2005business combination● NeutralMajor
On November 11, 2005, Golden Star signed the definitive Arrangement Agreement for the St. Jude deal, with the same terms as the September pre-merger agreement: 0.72 Golden Star share per St. Jude share, a seven-member board with St. Jude's CEO added, and a Cdn$4.0 million termination fee payable by St. Jude. Completion is now targeted by December 21, 2005 (previously December 16), and is conditional on resolving certain matters about St. Jude's Hwini Butre property and on St. Jude securityholder approval.
29 Sept 2005business combination● NeutralMajor
On September 27, 2005, Golden Star signed a pre-merger agreement to acquire all of St. Jude Resources Ltd. through a court-approved plan of arrangement, paying 0.72 Golden Star share per St. Jude share. St. Jude's warrants and options would convert on the same ratio, its CEO would join an expanded seven-member board, and St. Jude would owe Golden Star a Cdn$4.0 million fee if the deal is terminated in certain circumstances. A definitive agreement was to be signed by October 17, 2005, with completion targeted by December 16, 2005, subject to St. Jude securityholder approval. This is the first named acquisition and would add shares for existing holders.
23 Aug 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director David Bumstead bought 5,000 shares on the open market.
15 Aug 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. filed the final prospectus for a registered offering.
20 July 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. registered a securities offering with the SEC using its shelf eligibility.
24 May 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. filed the final prospectus for a registered offering.
24 May 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. filed the final prospectus for a registered offering.
12 May 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
12 May 2005business combination● Neutral
Golden Star filed Amendment No. 4 to its $300,000,000 acquisition-shelf S-4 (first filed Sept 2004), still not effective. The visible text shows the same offering of shares and warrants for future acquisitions, with the incorporated reports now including the Q1 2005 10-Q and 8-Ks through May 5, 2005. No specific acquisition is named in the visible text.
11 May 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. VP Corporate Development Smith Bruce Higson bought 3,000 shares on the open market at $2.67.
21 Apr 2005substantial holder notice● Neutral
Amaranth LLC, Amaranth Advisors L.L.C, Nicholas M. Maounis disclosed a new substantial GOLDEN STAR RESOURCES LTD. shareholding (9.00% of votes).
19 Apr 2005capital raising announcement● NeutralMajor
On April 15, 2005, Golden Star sold $50 million of unsecured senior convertible notes to a single accredited investor (the Buyer), completing the Amaranth deal announced April 5. The notes run 48 months at 6.85% interest paid semi-annually and convert to shares at $4.50 each, so they add debt now and could add shares later. Golden Star also agreed to file a resale registration for the conversion shares, and holders may get extra shares if the company is bought in a mostly-cash change of control.
11 Apr 2005material agreement● NeutralMajor
On April 5, 2005, Golden Star agreed to sell $50 million of senior unsecured convertible notes to Amaranth LLC, via Amaranth Advisors (Canada) ULC. The notes mature four years after closing, pay 6.85% interest semi-annually, and convert into shares at $4.50, so they add debt now and could add shares later. Closing still depends on definitive documents and customary conditions, and a resale registration statement is expected within 30 days of closing.
24 Mar 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
24 Mar 2005business combination● Neutral
Golden Star filed Amendment No. 3 to its $300,000,000 acquisition-shelf S-4, still seeking effectiveness. The visible text shows the same offering, with the incorporated reports now including the amended 2004 annual report (10-K/A) and 8-Ks filed February 2 and February 4, 2005. No specific acquisition is named in the visible text.
4 Mar 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director Ian Macgregor exercised stock options for 30,000 shares and disposed of 30,000 shares.
15 Feb 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. Vice President, Exploration Douglas A Jones bought 2,100 shares on the open market at $3.25.
10 Feb 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. VP Corporate Development Smith Bruce Higson bought 2,300 shares on the open market at $2.99.
4 Feb 2005business combination● Neutral
Golden Star filed Amendment No. 2 to its $300,000,000 acquisition-shelf S-4. The visible text shows the same offering, with updated incorporated reports (the 2004 annual report and a February 2, 2005 8-K) and some revised wording on cost measures and forward-looking statements. No specific acquisition is named in the visible text.
4 Feb 2005securities registration● Neutral
GOLDEN STAR RESOURCES LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
31 Jan 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director Michael Martineau received a stock option grant for 40,000 shares.
31 Jan 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director David K Fagin received a stock option grant for 40,000 shares.
31 Jan 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director James E Askew received a stock option grant for 40,000 shares.
31 Jan 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director David Bumstead received a stock option grant for 40,000 shares.
31 Jan 2005director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. director Ian Macgregor received a stock option grant for 40,000 shares.
28 Jan 2005substantial holder notice● Neutral
Royce & Associates, LLC reported a GOLDEN STAR RESOURCES LTD. shareholding of 7,733,400 shares (5.45% of votes) in a periodic institutional filing.
21 Dec 2004director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. VP Corporate Development Smith Bruce Higson bought 2,000 shares on the open market at $3.62.
8 Dec 2004director interest notice● Neutral
GOLDEN STAR RESOURCES LTD. President and CEO Peter J L Bradford bought 25,000 shares on the open market at $3.50.
6 Dec 2004securities registration● Neutral
GOLDEN STAR RESOURCES LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.