Each one in plain English, with the numbers worked through for a shareholder.
6 Dec 2004business combination● Neutral
Golden Star filed Amendment No. 1 to the September 2004 acquisition-shelf S-4 ($300,000,000 of common shares and warrants). The visible text keeps the same size and purpose, and updates the list of incorporated reports to include the September 30, 2004 quarterly report and a November 4, 2004 8-K. No specific acquisition is named in the visible text.
Golden Star filed a new S-4 registering up to $300,000,000 of common shares and warrants that it may issue from time to time to pay for acquisitions of other businesses, assets, properties or securities. No specific acquisition is named; terms would be negotiated deal by deal, and any shares issued would add to the share count. A filing fee of $38,010 is offset against fees paid on the June 10, 2004 registration (the IAMGold offer filing).
Golden Star raised its offer for IAMGold in Amendment No. 2 to the S-4. IAMGold holders can now choose either 1.25 Golden Star shares per IAMGold share, or 1.15 shares plus Cdn$0.50 cash, plus Cdn$0.20 cash in either case if no break fee is paid or payable by IAMGold to Wheaton River. The maximum number of Golden Star shares registered rises to 195,652,174, so existing shareholders face more dilution than under the original terms. The offer remains open until July 16, 2004 unless extended or withdrawn.
Golden Star filed Amendment No. 1 to its S-4 for the IAMGold offer. The visible text shows the same terms as the original filing (1.15 Golden Star shares per IAMGold share, offer open until July 16, 2004), and the registration fee was already paid. The truncated text shows no change in terms.
Golden Star filed an S-4 to register up to 180,000,000 new common shares for its offer to buy all of IAMGold's shares at 1.15 Golden Star shares per IAMGold share. The offer is open until July 16, 2004 unless extended or withdrawn, and Golden Star says it believes the deal is superior to IAMGold's proposed combination with Wheaton River announced in March 2004. This follows up the May 27 announcement and would issue new Golden Star shares to IAMGold holders.
Golden Star announced a proposed business combination with IAMGold Corporation and disclosed an agreement with Coeur d'Alene Mines, which has proposed its own combination with Wheaton River Minerals. If both deals complete and both break fees are payable, the fees are netted so that Coeur d'Alene pays Golden Star US$26 million.