Filing Details

Accession Number:
0000905148-21-000211
Form Type:
13G Filing
Publication Date:
2021-02-15 19:00:00
Filed By:
Cpmg Inc
Company:
Golden Star Resources Ltd. (NYSEMKT:GLNS)
Filing Date:
2021-02-16
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
CPMG, INC 0 10,767,905 0 9,993,249 10,767,905 9.7%
R. KENT MCGAUGHY, JR 0 10,767,905 0 9,993,249 10,767,905 9.7%
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*

GOLDEN STAR RESOURCES LTD.
(Name of Issuer)

Common Stock, no par value
(Title of Class of Securities)

38119T807
(CUSIP Number)

December 31, 2020
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ X ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Continued on following pages
Page 1 of 8 Pages
Exhibit Index: Page 7
SCHEDULE 13G
 
CUSIP No. 38119T807
 
Page 2 of 8 Pages
 

1
NAMES OF REPORTING PERSONS
   
CPMG, INC.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
Texas
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
10,767,905
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
9,993,249
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
10,767,905
   
   
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
9.7%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
IA, CO
   
   


SCHEDULE 13G
 
       
CUSIP No. 38119T807
 
Page 3 of 8 Pages
 

1
NAMES OF REPORTING PERSONS
   
R. KENT MCGAUGHY, JR.
   
   
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
   
3
SEC USE ONLY
   
     
   
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
United States of America
   
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
0
   
   
6
SHARED VOTING POWER
   
10,767,905
   
   
7
SOLE DISPOSITIVE POWER
   
0
   
   
8
SHARED DISPOSITIVE POWER
   
9,993,249
   
   
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
10,767,905
   
   
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
9.7%
   
   
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
IN, HC
   
   

SCHEDULE 13G
   
Page 4 of 8 Pages

Item 1(a).
Name of Issuer:

Golden Star Resources Ltd. (the “Issuer”)

Item 1(b).
Address of Issuer’s Principal Executive Offices:

333 Bay Street, Suite 2400, Toronto, Ontario M5H 2T6, Canada

Item 2(a).
Name of Person Filing

This Statement is filed on behalf of the following persons (collectively, the “Reporting Persons”):

 
i)
CPMG, Inc. (“CPMG”); and

 
ii)
R. Kent McGaughy, Jr. (“Mr. McGaughy”)

This statement relates to Shares (as defined herein) held for the accounts of Condire Resource Master Partnership, LP, a Cayman Islands exempted limited partnership, and Silver Teal, LP, a Texas limited partnership. CPMG serves as investment manager to Condire Resource Master Partnership, LP and Silver Teal, LP. Mr. McGaughy is the sole shareholder and director of CPMG.

Item 2(b).
Address of Principal Business Office or, if None, Residence:

2000 McKinney Ave, Suite 2125, Dallas, Texas 75201

Item 2(c).
Citizenship:

 
i)
CPMG is a Texas corporation; and

 
ii)
Mr. McGaughy is a United States citizen

Item 2(d).
Title of Class of Securities:

Common Stock, no par value (the “Shares”)

Item 2(e).
CUSIP Number:

38119T807

Item 3.
If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c),Check Whether the Person Filing is a:

(e) [X] An investment adviser in accordance with §240.13d-(b)(1)(ii)(E).
(g) [X] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).


SCHEDULE 13G
   
Page 5 of 8 Pages


Item 4.
Ownership:

Item 4(a)
Amount Beneficially Owned:

As of December 31, 2020, each of the Reporting Persons may be deemed the beneficial owner of 10,767,905 Shares. This includes: (i) 9,993,249 Shares held for the account of Condire Resource Master Partnership, LP; and (ii) 774,656 Shares held for the account of Silver Teal, LP, over which the Reporting Persons have only voting power.

Item 4(b)
Percent of Class:

As of December 31, 2020, each of the Reporting Persons may be deemed the beneficial owner of approximately 9.7%. (There were approximately 111,260,841 Shares outstanding as of October 28, 2020, according to Exhibit 99.1 to the Issuer’s Form 6-K, filed on October 28, 2020.)

Item 4(c)
Number of Shares as to which such person has:

(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
10,767,905
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
9,993,249

Item 5.
Ownership of Five Percent or Less of a Class:

This Item 5 is not applicable.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person:

See disclosures in Items 2 and 4 hereof. Condire Resource Master Partnership, LP and Condire Resource Partners, LP, a feeder fund to Condire Resource Master Partnership, LP, each is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5 percent of the Shares covered by this Statement that may be deemed to be beneficially owned by the Reporting Persons.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

See disclosure in Item 2 hereof.

Item 8.
Identification and Classification of Members of the Group:

This Item 8 is not applicable.

Item 9.
Notice of Dissolution of Group:

This Item 9 is not applicable.

Item 10.
Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
SCHEDULE 13G
   
Page 6 of 8 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
CPMG, Inc.
 
       
 
By:
/s/ John Bateman
 
   
Name: John Bateman
 
   
Title: Chief Operating Officer
 
       
 
R. KENT MCGAUGHY, JR.
 
       
 
By:
/s/ R. Kent McGaughy, Jr.
 
       

February 16, 2021
SCHEDULE 13G
   
Page 7 of 8 Pages

EXHIBIT INDEX
Ex.
 
Page No.
     
A
Joint Filing Agreement
8
SCHEDULE 13G
     
   
Page 8 of 8 Pages

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Golden Star Resources Ltd. dated as of February 16, 2021 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 
CPMG, Inc.
 
       
 
By:
/s/ John Bateman
 
   
Name: John Bateman
 
   
Title: Chief Operating Officer
 
       

 
R. KENT MCGAUGHY, JR.
 
       
 
By:
/s/ R. Kent McGaughy, Jr.
 
       
       

February 16, 2021