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-Golden Star Refinances Royal Gold Loan

TORONTO - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) ('Golden Star' or the 'Company') announces that its subsidiary, Golden Star (Wassa) Limited ('GSWL'), has signed a commitment letter for a $ 20 million secured loan facility (the 'Facility') with Ecobank Ghana Limited ('Ecobank').

The Company will use the Facility to repay in full its existing $ 20 million medium term loan facility with Royal Gold, Inc (the 'Royal Gold Loan') during the coming days. The repayment

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