A purchase agreement is an agreement between a producer and a buyer to buy or sell some of the producer`s future products. A purchase contract is normally negotiated before the construction of a production plant – such as a mine or plant – to secure a market for future production. Company Profile: Golden Star is a well-established gold mining company that owns and operates the Underground Mines of Wassa and Prestea in Ghana, West Africa. Golden Star is listed on NYSE American, the Toronto Stock Exchange and the Ghana Stock Exchange and is focused on creating strong margins and free cash flow from its two low-day mines. Gold production forecasts for 2020 will be between 195,000 and 210,000 ounces at cash operating expenses per ounce (see disclaimer for non-GAAP financial ratios) of $790 to $850. Winner of the Prospectors & Developers Association of Canada 2018 Environmental and Social Responsibility Award, Golden Star continues to be committed to leaving a positive and lasting legacy in its fields of activity. The purchase contract plays an important role for the producer. If lenders can see that the company has customers and customers before production begins, they are more likely to authorize the renewal of a loan or loan. Thus, purchase agreements facilitate the financing of the construction of a facility. The restructuring of the streaming agreement concluded by RGLD Gold AG Caystar Finance Co. (a 100% subsidiary of Golden Star) and RGLD Gold AG (a subsidiary of Royal Gold, Inc.) are parties to a streaming agreement on the wassa and Bogoso-Prestea mines.