Andrew Worland Joins Besra Board, Replacing John Terry

August 14, 2020 8:25 AM EDT | Source: Besra Gold Inc.

Auckland, New Zealand--(Newsfile Corp. - August 14, 2020) - Besra Gold Inc ("Besra" or the "Company") announces that Mr. Andrew Worland has been appointed to the board of the Company.

Mr. Worland has over two decades of experience working in senior finance, corporate and project management and marketing roles in the Western Australian mining sector for ASX and TSX listed companies. Since October 2017, he has been President, CEO and Corporate Secretary of LeadFX Inc., a privately owned Canadian mineral resources and minerals processing technology company focussed on the development of base metals projects with its flagship the Paroo Station Lead Mine in Wiluna, Western Australia.

Prior to LeadFX, Mr. Worland was General Manager of ASX listed Toro Energy Limited and oversaw the successful state and federal environmental permitting for its Wiluna Uranium Project. Prior to this Mr. Worland held corporate, finance and sales and marketing roles in gold, nickel, cobalt and iron ore operating mines for listed public companies and in molybdenum and uranium for development stage companies.

Mr. Worland's appointment fills a casual vacancy created by the resignation of Mr. John Terry on 6 August 2020. Mr. Terry served on the Besra board from early 2018 and the directors and executive thank him for his valuable insight and counsel during his term.

Besra Gold Inc
John A G Seton
CEO

About Besra - www.besra.com

Besra is a gold mining and exploration company focused on the exploration and development of the Bau Goldfield in East Malaysia.

Cautionary Note Regarding Forward-Looking Statements

Certain of the statements made and information contained herein is "Forward-looking information" within the meaning of applicable securities laws, including statements concerning our plans at our producing mines and exploration projects, which involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, failure to establish estimated resources or to convert resources to mineable reserves; the grade and recovery of ore which is mined varying from estimates; capital and operating costs varying significantly from estimates; delays in obtaining or failure to obtain required governmental, environmental, or other project approvals; changes in national and local government legislation or regulations regarding environmental factors, royalties, taxation or foreign investment; political or economic instability; terrorism; inflation; changes in currency exchange rates; fluctuations in commodity prices; delays in the development of projects; shortage of personnel with the requisite knowledge and skills to design and execute exploration and development programs; difficulties in arranging contracts for drilling and other exploration and development services; dependency on equity market financings to fund programs and maintain and develop mineral properties; and risks associated with title to resource properties due to the difficulties of determining the validity of certain claims and other risks and uncertainties, including those described in each management's discussion and analysis released by the Company. In addition, forward-looking information is based on various assumptions including, without limitation, the expectations and beliefs of management; the assumed long-term price of gold; the availability of permits and surface rights; access to financing, equipment and labour and that the political environment in the jurisdictions within which the Company operates will continue to support the development of environmentally safe mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

For Further Information

James Hamilton
Investor Relations Services
Mobile: +1 416 471 4494
Email: jim@besra.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/61725

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