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UNITED STATES
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 (Date of earliest event reported): January 11, 2001
GOLDEN STAR RESOURCES LTD.
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(Exact name of registrant as specified in its charter)
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Canada 1-12284 98-0101955
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification
incorporation) Number)
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1660 Lincoln Street, Suite 3000
Denver, Colorado 80264-3001
(Address of principal executive offices)
Registrant's telephone number, including area code: (303) 830-9000
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
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Golden Star Resources Ltd. ("Golden Star") has been advised by the American
Stock Exchange ("Amex") of their decision to remove Golden Star's shares from
listing on the Amex effective on or about January 26, 2001. Trading on the
Toronto Stock Exchange will not be affected by this Amex decision.
The de-listing decision is in strict compliance with the Amex listing guidelines
prompted by Golden Star's greater than five year history of reporting losses and
total shareholders' equity of less than $4 million under U.S. GAAP which
requires that all exploration expenditure be written off as incurred.
Management believes that neither of these criteria reflects in any way on the
value or potential of Golden Star's portfolio of mining and exploration assets.
Golden Star, in addition to continuing its primary listing on the Toronto Stock
Exchange, intends to commence trading on the OTC Bulletin Board System and an
application has been made to effect this. Golden Star anticipates that a
further announcement will be made within the next week in this regard and will
also be posted on Golden Star's website at www.gsr.com.
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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: January 16, 2001 /s/ Peter Bradford
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Peter Bradford
President and Chief Executive Officer
