Besra Gold Inc. Announces: Termination of Agreement for the Acquisition of Additional Shares in the Holding Company of the Bau Gold Project
Perth, Western Australia--(Newsfile Corp. - October 3, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) refers to its ASX announcement dated 10 May 2023, wherein it advised that it intended to acquire from Pangaea Resources Limited (Pangaea) (a substantial CDI holder of the Company) 1,802 shares (NBG Shares) in the issued share capital of North Borneo Gold Sdn Bhd (NBG), the holding company of the Bau Gold Project (Agreement). The consideration to be paid to Pangaea by Besra for the...
2023-10-03 3:15 PM EDT
Besra Gold Inc. Announces: Board Re-Structure
Perth, Western Australia--(Newsfile Corp. - September 28, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) is very pleased to advise of the appointment of Quantum Metal Recovery Inc's (Quantum) nominees, Dato' Lim Khong Soon as Executive Chair (on a non-fulltime basis) and Mr Chang Loong Lee as a Non-Executive Director of the Company, effective immediately. Dato' Lim Khong Soon A Malaysian citizen, Dato' Lim is the founder and chairman of Quantum. He has an...
2023-09-28 5:23 PM EDT
Besra Gold Inc. Announces: Release of Securities from Escrow
Perth, Western Australia--(Newsfile Corp. - September 27, 2023) - In accordance with ASX Listing Rule 3.10A, Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) advises that 53,127,907 CDIs are due to be released from mandatory escrow on 8 October 2023. The CDIs have been subject to ASX imposed escrow since the time the Company was admitted to the Official List. As required by ASX Listing Rule 2.8.5, Besra will apply for a quotation of the 53,127,907 CDIs within five business...
2023-09-27 2:36 PM EDT
Besra Gold Inc. Announces: Conditions Precedent Satisfied - US$300 Million Drawdown Off-Take Funding Facility
Perth, Western Australia--(Newsfile Corp. - September 20, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) refers to its ASX announcement dated 9 May 2023 and is very pleased to advise that all Conditions Precedent to the binding US$300 million Gold Purchase Agreement (GPA) with the Company's primary CDI holder Quantum Metal Recovery Limited (Quantum) have now been satisfied. Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined...
2023-09-20 9:22 AM EDT
Besra Gold Inc: Amended Announcement
Perth, Western Australia--(Newsfile Corp. - September 7, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : "Follow Up Drilling Confirms Bekajang's 'Multi-Storey' Endowment" You are invited to click on the link below to read in full this announcement: https://www.besra.com/23-09-06-bekajang-drill-results-amended/ About Besra - www.besra.com Besra is a gold mining and exploration company focused on...
2023-09-07 9:00 AM EDT
Besra Gold Announces Follow Up Drilling Confirms Bekajang's 'Multi-Storey' Endowment
Perth, Western Australia--(Newsfile Corp. - September 6, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : "Follow Up Drilling Confirms Bekajang's 'Multi-Storey' Endowment" You are invited to click on the link below to read in full this announcement: 23.09.06 Bekajang Drill Results About Besra - www.besra.com Besra is a gold mining and exploration company focused on exploring and developing the
2023-09-06 7:30 AM EDT
Besra Gold Announces: Resignation of Director
Perth, Western Australia--(Newsfile Corp. - August 2, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) advises that, on 1 August 2023, it received the resignation of Jocelyn Bennett as a Director of the Company. Ms. Bennett is both a director and shareholder of Pangaea Resources Ltd (a substantial shareholder, holding a 15.93% interest in Besra). Since Pangaea's initial investment in the Company some ten years ago, Ms. Bennett has served two terms of office as a Director of Besra from...
2023-08-02 7:33 AM EDT
Besra Gold Announces: Notice of Special Meeting
Perth, Western Australia--(Newsfile Corp. - June 29, 2023) - Besra Gold Inc (ASX: BEZ) announces a Notice of Special Meeting. Notice is given that a Special Meeting (Meeting) of Besra Gold Inc (the Company) will be held on Tuesday 25 July 2023, commencing at 10:00 am (Australian Eastern Standard Time) being 24 July 2023, commencing at 8:00 pm Canada Eastern Standard Time. The Meeting will be held at Eora, Level 35 Tower Two, International Towers Sydney, 200 Barangaroo Avenue, Barangaroo, NSW...
2023-06-29 3:07 PM EDT
Besra Gold Announces: Approved Environmental Impact Assessment
Perth, Western Australia--(Newsfile Corp. - May 29, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") is pleased to advise that the Natural Resources and Environment Board (NREB) Sarawak has approved the Environmental Impact Assessment (EIA) for the proposed test/pilot gold mining and processing at its Jugan Project (Jugan) located in the Bau Gold Field corridor. The EIA, together with the ancillary documentation relating to mine rehabilitation and details of the pilot plant...
2023-05-29 7:44 AM EDT
Besra Gold Announces: Second Initial Payment of US$3M Received
Perth, Western Australia--(Newsfile Corp. - May 23, 2023) - Besra Gold Inc (ASX: BEZ) ('Besra' or the 'Company') is pleased to announce that the second 'Initial Payment' of US$3m, from Quantum Metal Recovery Inc ('Quantum'), has been received in Australia and is being held in trust pending satisfaction of the Conditions Precedent, as set out in the binding Gold Purchase Agreement ('Agreement') for a US$300m Offtake Funding Facility (the 'Facility') announced to ASX on 9 May 2023. The second...
2023-05-23 7:40 PM EDT
Besra Gold Announces: Acquisition of Additional Shares in the Holding Company of the Bau Gold Project, North Borneo Gold Sdn Bhd
Perth, Western Australia--(Newsfile Corp. - May 10, 2023) - As part of a move to increase Besra Gold Inc's (ASX: BEZ) (Besra or the Company) ownership of the Bau Gold Project (Bau), Besra is pleased to announce that it has reached an agreement with Pangaea Resources Limited (Pangaea), a substantial shareholder of the Company and an entity associated with Besra's Chair (Jocelyn Bennett), to acquire from Pangaea 1,802 shares (0.72%) (NBG Shares) in the issued share capital of North Borneo Gold...
2023-05-10 4:59 PM EDT
Besra Gold Announces: Further Steps to Move 3Moz Bau Gold Project Closer to Production
Perth, Western Australia--(Newsfile Corp. - May 9, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces Binding Gold Purchase Agreement (Facility). Finance Facility Update Binding Gold Purchase Agreement (Facility) for up to US$300m signed with major shareholder Quantum Metal Recovery Inc (Quantum), giving effect to the non-binding term sheet previously announced (Refer ASX announcement 21 March 2023). The Facility provides up to a US$300m deposit, to be paid over 30 months,...
2023-05-09 10:40 AM EDT
Besra Gold Announces: Initial Funding from Quantum Received
Perth, Western Australia--(Newsfile Corp. - April 5, 2023) - Besra Gold Inc (ASX: BEZ) ('Besra' or the 'Company') is pleased to announce that the 'Initial Payment' of US$2m, from Quantum Metal Recovery Inc ('Quantum'), has been received in Australia and being held in trust pending satisfaction of the Conditions Precedent as set out in the non-binding Term Sheet for a US$300m Offtake Funding Facility (the 'Facility') announced to ASX on 21 March 2023. Besra is entitled to a further US$3m...
2023-04-05 9:32 AM EDT
Besra Gold Inc. Announces: Appointment of Company Secretary
Perth, Western Australia--(Newsfile Corp. - April 5, 2023) - Besra Gold Inc (ASX: BEZ) is pleased to announce the appointment of Mr. Michael Higginson as Company Secretary. Mr. Higginson has a Bachelor of Business degree from Edith Cowan University, majoring in both Finance and Administration. Mr. Higginson is a professional director and company secretary with extensive experience in public company administration, ASX Listing Rules, the Corporations Act, capital raisings, public company...
2023-04-05 9:31 AM EDT
Besra Gold Announces: "Assays Results Strengthen Bekajang's Gold Potential"
Perth, Western Australia--(Newsfile Corp. - March 28, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): You are invited to click on the link below to read in full this announcement. https://www.besra.com/20221121final-9-30-pm-bekajang-drill-results/ About Besra - www.besra.com Besra is a gold mining and exploration company focused on the exploration and development of the 3 Moz Bau Goldfield in East...
2023-03-28 7:01 AM EDT
Besra Gold Inc. Announces: US$300m Non-Binding Funding and Offtake Term Sheet to Bring 3Moz Bau Gold Project into Production
Highlights Up to US$300m gold pre-purchase and offtake non-binding drawdown funding facility term sheet ('the Facility'), signed with major shareholder Quantum Metal Recovery Inc ('Quantum'), which Besra believes to be one of the largest deals of its kind signed by an ASX listed junior. Post-completion the Facility provides up to a US$300m deposit, to be paid over 30 months against future production ounces, enabling Besra to fully fund production at Bau and the appraisal of other deposits...
2023-03-22 10:56 AM EDT
Besra Gold Announces: Board Appointment
Perth, Western Australia--(Newsfile Corp. - February 24, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) is pleased to advise, in accordance with ASX Listing Rule 3.16.1, that Ms. Jocelyn Bennett has been appointed as a non-executive Director and Chair of the Besra Board of Directors effective immediately. Ms. Bennett is a senior partner and director in InCoR Holdings PLC, a venture capital company, and a Director of Pangaea Resources Ltd. Ms. Bennett has a strong financial...
2023-02-24 7:51 AM EST
Besra Gold Inc. Announces: Clarification - January 2023 Investor Update
Perth, Western Australia--(Newsfile Corp. - January 24, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) refers to the January 2023 Investor Update Announcement (Investor Update) released on the ASX Market Announcements Platform on 20 January 2023. Besra wishes to clarify the Assay Results from Bekajang Drilling on page 3 have been previously reported in accordance with ASX Listing Rules 5.6 and 5.7 and JORC Code 2012 in the Announcement released on 22 November 2022 – "Exceptional...
2023-01-24 2:04 PM EST
Besra Gold Announces: January 2023 Investor Update
Summary Non-Renounceable 1 for 3 fully underwritten Entitlement Offer successfully completed on 3 January 2023, raising approximately A$5.1 million (before costs). Proceeds will be used for: Funding for pre-development works at Jugan, including pilot plant construction and commissioning (once approved); Drilling including follow-up step-outs to determine the extent of bonanza grade gold mineralisation encountered in BKDDH-27 during the 2022 Bekajang drilling campaign. General Overheads and...
2023-01-20 7:14 PM EST
Besra Gold Announces: Variation to the Underwriting Agreement and Completion of Entitlement Offer
Perth, Western Australia--(Newsfile Corp. - December 29, 2022) - The Board of Besra Gold Inc (ASX: BEZ) refers to its fully underwritten non-renounceable entitlement offer of one new CDI (New CDIs) for every three CDIs, or three Common Shares (Securities) held on the record date of 5:00 pm (AWST) on Thursday, 1 December 2022 as announced to the market on Friday, 25 November 2022 (Entitlement Offer). The Entitlement Offer closed at 5:00 pm (AWST) on Tuesday, 20 December 2022. Other than as...
2022-12-29 8:28 AM EST