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Golden Star Resources Ltd.

09:59 AM EST - Golden Star Resources Ltd. : Announced the amending and upsizing of the senior secured credit facility with Macquarie Bank Limited entered into by the Company on October 17, 2019. All monetary amounts refer to United States dollars. Highlights: Credit Facility was extended to $70 million, representing a $20-million increase on the $50 million outstanding balance on the Facility. Amortization profile rescheduled with the $5 million quarterly principal repayments deferred to commence in September 2021. Upsizing of the facility and deferral of the amortization schedule create $35 million of additional liquidity ahead of the maturity of the convertible debentures in August 2021. Golden Star Resources Ltd.
shares T.GSC are trading up $0.22 at $5.63.