TORONTO, March 31, 2021 /CNW/ - Golden Star Resources
Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden
Star" or the "Company") is pleased to announce that Karen Akiwumi-Tanoh and Gerard De Hert will be put forward for election
as directors of the Company at the forthcoming annual general
meeting of Golden Star shareholders on 6
May, 2021 (the "AGM"). In further changes to the Company's
board of directors (the "Board"), Robert
Doyle will not be standing for re-election at the AGM. Mr.
Doyle's retirement is in line with Golden Star's Board mandate of a
maximum term limit of 10 years for directors. Current board member,
Mona Quartey, will replace Mr. Doyle
as chair of the audit committee of the Board.
Ms. Akiwumi-Tanoh is a chartered accountant and experienced
non-executive director ("NED"), with an extensive career in the
African banking sector, predominately with Ecobank Transnational
Inc. Her current board roles include NED and audit committee chair
of First Atlantic Bank, Ghana and
NED and audit committee chair of Prudential Life, Ghana. Previous NED roles include chair of the
board of directors of First Atlantic Bank, Ghana and NED of Beneficial Life Insurance,
Togo. Previous executive roles
included managing director of Ecobank, Sierra Leone and member of the advisory board
of Spencer Stuart, South Africa. She holds an MBA from the
University of Ghana.
Mr. De Hert is Managing Director, Technical Services for La
Mancha Holding, a privately held company specialized in gold mining
investments, where he oversees technical diligence work in new and
existing investments. Prior to joining La Mancha, he was senior
vice president of exploration at Endeavour Mining. He was also a
member of Endeavour Mining's ESG committee between 2018 and 2020.
Prior to that, he spent several years working as general manager at
Vale-ARM, managing the Lupoto Copper project. Other prior roles
include chief geologist at Teal Mining, regional exploration
geologist at IAMGOLD and chief mine geologist at AngloGold Ashanti.
He holds a Masters Degree in mineralogy and geology from
the Catholic University of Louvain and
a Masters Degree in mineral exploration from the University of
Leicester. Mr De Hert will stand as a nominee of La Mancha Holding,
replacing Ani Markova who has been invited by the Board to continue
to serve as a director of the Company and will stand for
re-election at the AGM.
Tim Baker, Chairman of Golden
Star, commented:
"We would like to thank Rob Doyle
for his many contributions to the Company. As part of the
on-going board renewal process at Golden Star, after 10 years he
will not be standing for re-election. In his place, we are
delighted that Karen Akiwumi-Tanoh,
who is Ghanaian and who has extensive experience in the financial
sector in Africa, has agreed to
stand for election. In addition, La Mancha have nominated
Gerard De Hert to stand for election
to the Board, and his extensive experience in the African gold
mining sector and technical expertise will be a great
addition. I am also pleased that Ani Markova has agreed to
stand for re-election as a director at the AGM. While this will
mean an increase in the size of the Board to 10 directors, it will
allow for a proper transition over the coming year prior to further
rotation in accordance with our policies next year when I envisage
the Board will go back to nine members.
As a result of these changes, the female representation on our
Board will increase to 40%, reflecting our continued commitment to
inclusion and diversity throughout the Company."
Company Profile:
Golden Star is an established gold mining company that owns and
operates the Wassa underground mine in the Western Region of
Ghana, West Africa. Listed
on the NYSE American, the Toronto Stock Exchange and the Ghanaian
Stock Exchange, Golden Star is focused on delivering strong margins
and free cash flow from the Wassa mine. As the winner of the
Prospectors & Developers Association of Canada 2018 Environmental and Social
Responsibility Award, Golden Star remains committed to leaving a
positive and sustainable legacy in its areas of operation.
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SOURCE Golden Star Resources Ltd.