Tag: business

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Golden Star To Sell Shares To La Mancha

Tim Baker, GSR board chair The Board of Golden Star Resources (GSR) Limited is seeking the approval of shareholders to issue to La Mancha Holding or its affiliate, common shares of GSR totaling 163,210,500. The subscription, which represents approximately 30 percent of the issued and outstanding common shares, is at a purchase price of $0.77 per share. According to Tim Baker, chair of