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La Mancha completes disposal of stake in Golden Star Resources

February 2, 2022February 23rd, 2023

La Mancha Capital Advisory LLP (“La Mancha”) is pleased to announce that it has completed the disposal of its stake in Golden Star Resources Ltd (“Golden Star”) via a sale to Chifeng Jilong Gold Mining Co, Ltd (“Chifeng”). Chifeng has acquired all outstanding and issued common shares in Golden Star, at a price of US$3.91 per share, for a total equity value of approximately US$470 million. Shares in Golden Star have been delisted from the NYSE, the Toronto Stock Exchange, and the Ghana Stock Exchange.

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La Mancha Resource Capital LLP. Registered in England and Wales under registration number OC368461, Registered office address - 161 Brompton Road, Second Floor, London, England, SW3 1QP.