Pursuant to the Arrangement Agreement, Chifeng, through Chijin and the Assignee acquired all of the issued and outstanding common shares of Golden Star for US$3.91 in cash (equivalent to approximately C$4.85 as of October 31, 2021) per share, which equated to a total Transaction value of approximately US$470 million on a fully-diluted, in-the-money basis.įurther details of the Transaction are set out in the Company's management information circular dated Novem(the "Circular"). (SHSE: 600988) ("Chifeng") are pleased to announce the completion of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act (the "Transaction"), involving the Company, Chifeng and its subsidiary Chijin International ( Hong Kong) Limited ("Chijin"), and Chijin's assignee Kefei Investment (BVI) Limited (the "Assignee"), pursuant to the arrangement agreement dated October 31, 2021, as amended by an amending agreement dated Novemand an assignment and assumption agreement dated Decem(collectively, the "Arrangement Agreement"), following the receipt of all required regulatory approvals and satisfaction of all closing conditions. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") and Chifeng Jilong Gold Mining Co., Ltd. 28, 2022 /PRNewswire/ - Golden Star Resources Ltd.
That was his really big advantage over people, you couldn’t get him aggravated.”ĭoria died a month before Golden Star was to celebrate its 50th anniversary, but Justin says the family is thankful he lived to see its fifth decade and Joe says he’s carrying on the little jokes family and customers became so fond of.TORONTO, Jan. “He tried to turn everything into a funny thing. “There wasn’t a single person who didn’t like him,” said his son Joe, who took over the business with his brother Frank Jr.
After stints working for CP Rail and Shopsy’s, Doria and Margaret moved to Thornhill, where they opened the Golden Star drive-in restaurant in 1965.Īt the time it was a gamble, but Doria wasn’t one to shy away from hard work and the juicy, homemade burgers won people over. “She came in and he bought her a Coke and that was basically it,” Justin said.Ĭokes became auspicious and they married two years later. It was while working at a mom-and-pop soda shop in South Porcupine in northern Ontario in 1942, that he met his wife Margaret.
This quiet, soft-spoken guy who loved the restaurant,” he said.īorn Main Gagliato in southern Italy, Doria came to Canada as a teenager, hoping to build a better life for himself. “He was very caring and giving, very understanding. As a teenager clearing tables, Justin would bring Doria a coffee and be tipped five bucks.
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