Golden Star Resources to delist from three stock exchanges
The Ghana Stock Exchange (GSE) is a trading plaform for listed companies
Mining firm to delist from GSE
Read full articleChinese firm to become primary miner in Ghana
Golden Star owns 90% of the Wassa Mine in the Western Region
A mining firm with operations in Ghana, Golden Star Resources is set to delist from three stock exchanges in the coming weeks.
According to a statement issued by the firm, the move will take place on the Ghana Stock Exchange, Toronto Stock Exchange and New York Stock Exchange following a successful endorsement of the takeover by Chinese firm, Chigfeng Jilong Gold Mining Company Limited.
Prior to the deal, Golden Star Resources in November 2020 received a stock value offer of US$470 million to be acquired by Chifeng Jilong Gold Mining Limited.
While the delisting from the stock exchanges is yet to take place, the successful endorsement will make Chifeng a primary Chinese mining firm to launch operations in Ghana.
Meanwhile, Golden Star Resources controls 90 percent of the Wassa Mine located in the Western Region.
Read the full statement below:
