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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: November 5, 1998
GOLDEN STAR RESOURCES LTD.
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(Exact name of registrant as specified in its charter)
CANADA 000-21708 980101955
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
1660 Lincoln St., Suite 3000, Denver, Colorado 80264
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(Address of principal executive offices) (zip code)
(303) 830-9000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On October 30, 1998, Golden Star Resources Ltd. (the "Registrant") announced
that David A. Fennell resigned from his position as President and Chief
Executive Officer of the Registrant, effective immediately. Mr. Pierre
Gousseland, currently Chairman of the Registrant, will be Acting Chief Executive
Officer on an interim basis. The Board of Directors of the Registrant will
immediately seek a new President and Chief Executive Officer. Mr. Fennell has
also resigned as a director of the Registrant.
Mr. Fennell has also resigned as President of the Board of Directors and as a
director of Guyanor Ressources S.A., the Registrant's 71% owned subsidiary. A
meeting of the Board of Directors of Guyanor was called for the purpose of
ratifying Mr. Fennell's resignation and appointing a new President of the Board.
Mr. Jean-Francois Sauvage, Managing Director of Guyanor, will be responsible for
Guyanor's day-to-day activities until the new President is appointed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GOLDEN STAR RESOURCES LTD.
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Registrant
Date November 5, 1998 /s/ Gordon J. Bell
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Gordon J. Bell, Vice President
Chief Financial Officer
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