Sale Of Mine Agreement

Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of Canadian securities law, but are not limited to statements and information about the guidelines for gold production for 2020, from 195,000 to 210,000 intences; Cash operating cost forecast for 2020 from $790 to $850; The closing of the transaction and its date Golden Star`s receipt of conditional payment and its potential amount and any other amount receivable under the transaction; the benefits golden Star must derive from the sale of Bogoso-Prestea, including strengthening its balance sheet, financial position, accelerating the company`s investments in Wassa and within the company`s existing exploration pipeline, and Golden Star`s ability to diversify and expand its business; the ability to meet the conditions of closure, including the approval of the relevant minister in Ghana, the restructuring of the Royal Gold streaming agreement and the Macquarie lending mechanism; The benefits that stakeholders can derive from the transaction The ability of the GRAT to provide the turnaround of the metro operation prestea and to make additional discoveries; The ability of the FGR to supply the bogoso sulphide project. In general, forward-looking information and statements may be obtained through the use of forward-looking terminology such as “plans,” “expected,” “expected,” “expected,” “expected,” “forecast,” “forecast,” “forecasts,” “intentions,” “expectations,” “beliefs” or variations of such words and phrases (including negative or grammatical variations) or statements that certain acts may be identified, events or results “may” , “could” or “be caught,” “occur” or “be affected” or the negative connotation of it. Investors are advised that forward-looking statements and information are inherently uncertain and involve risks, assumptions and uncertainties that could lead to material differences. These statements and information are based on numerous assumptions about current and future business strategies and the environment in which Golden Star will operate in the future, including the price of gold, expected costs and the ability to achieve the objectives.