TORONTO, ONTARIO--(Marketwired - Jan 6, 2014) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) announces that, subject to any required regulatory or shareholder approval, Besra intends to raise US $12.0 million through the issuance of 8% unsecured convertible redeemable notes on a private placement basis. The proposed terms are that the notes are convertible during the first 30 months of the note at a price of $0.15 [...]
Initial production of 120,000 oz per year planned from late 2015 TORONTO, ONTARIO--(Marketwired - Dec 5, 2013) - Besra (TSX:BEZ) (ASX:BEZ) (OTCQX:BSRAF) (FRANKFURT:OP6) today released preliminary results from the feasibility study for Stage 1 of its Bau project in Sarawak, East Malaysia. The feasibility study specifically covers the proposed open pit development at Jugan Hill towards the northeastern end of the Bau [...]
TORONTO, ONTARIO--(Marketwired - Nov 19, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) today announced that at the annual and special meeting of shareholders of the Company, all four director's nominees that were standing for election were elected as directors of the Company as follows: Name Votes " For" (%) ...
TORONTO, ONTARIO--(Marketwired - Nov 18, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) today announced the temporary suspension of its operations at Bong Mieu in central Vietnam from 14.00 on 16th November 2013. The Company has had to suspend operations after several landslides cut roads between the site and the provincial capital of Tam Ky, preventing employees and supplies from accessing the site. The [...]
TORONTO, CANADA--(Marketwired - Nov 14, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) today announced its Q1 FY2014 results with 14,425 oz of gold produced with a cash cost per oz of US$1,002 and all-in sustaining costs of US$1,463 per oz. These costs were higher than budget owing to a disputed export tax assessment. The Vietnam Customs assessment (see Besra press release dated 5 July 2013 and subsequent [...]
TORONTO, ONTARIO--(Marketwired - Oct 15, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6). The Standing Committee of the National Assembly of Vietnam has for a second time returned a proposal to increase royalty rates on gold to the Ministry of Finance for further consideration citing concerns relating to foreign investment and Trans-Pacific Partnership Agreement negotiations. The proposal, presented by the [...]
TORONTO, ONTARIO--(Marketwired - Sep 27, 2013) - Besra (TSX:BEZ) (ASX:BEZ) (OTCQX:BSRAF) (FRANKFURT:OP6) announces that the Vietnam General Department of Customs has suspended the enforcement of its export tax assessments (see Besra press release 5 July 2013) pending completion of the complaints appeal process. The Company regards this as a positive development. The Company also advises that it has recently been made [...]
TORONTO, ONTARIO--(Marketwired - Sep 18, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO, John Seton, today announced the release of the company's results for FY2013 including publishing of the Management Discussion & Analysis and Audited Financial Statements. Besra produced a total of 60,187 oz of gold in FY2013 and sold 52,195 oz, the difference being an increased holding of gold inventory at the end of [...]
TORONTO, ONTARIO--(Marketwired - Sep 9, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO John Seton will be speaking to institutional and high net worth investors at the annual Euro Pacific Capital Global Investment Conference in New York on 10 September 2013. The one-day event will feature top executives from 59 international public companies involved in mining, transportation and resource exploration and [...]
TORONTO, ONTARIO--(Marketwired - Jul 24, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO, John Seton, today announced that Chief Technical Officer, Charles Barclay, Chief Information Officer, Peter Tiedemann, and Vice-President Investor Relations, James Hamilton have resigned as officers of the Company. Seton said, "Charles, James, and Peter have been instrumental as company executives in the development [...]
TORONTO, ONTARIO--(Marketwired - Jul 23, 2013) - Following a meeting of the Board of Directors on 12 July 2013, Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO John Seton is pleased to announce production guidance for the FY 2014 of 65,000 - 70,000 ounces. Besides setting production guidance for the coming year, the Board approved wide ranging cost cuts and efficiencies, which will reduce central corporate costs [...]
TORONTO, ONTARIO--(Marketwired - Jul 9, 2013) - Besra (TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO John Seton is very pleased to be able to announce that the company has achieved its 2013 production guidance. Seton said, "Following a record-breaking quarter, we are very pleased to be in a position to announce that for the year ended 30 June 2013, gold production totalled 60,187 ounces which marks the highest ever [...]
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