Besra Gold Inc. is pleased to announce the DECEMBER 2023 QUARTERLY ACTIVITIES REPORT. You are invited to click on the link below to read the announcement in full. Link : https://www.besra.com/quarterly-activitiesappendix-5b-cash-flow-report/ Michael Higginson Company Secretary James Hamilton Investor Relations, N. America M: +1-416-471-4494 E: jim@besra.com To view the source version of this press release, please visit [...]
Besra Gold Inc. is pleased to announce an increase in its ownership of the Bau Gold Project . The increase is the result of the acquisition of a further 1,802 shares in North Borneo Gold Sdn Bhd from Gladioli Enterprises Sdn Bhd for A$500,000. As a consequence of this transaction, Besra's ownership of NBG has increased by 0.72% to 98.5%. On an equity-adjusted basis, this represents an increase in Besra's interest in Bau [...]
Besra Gold Inc. is very pleased to advise that Quantum Metal Recovery Inc is to remit a further US$9,827,854.60 to Besra. The US$9,827,854.60 is to be remitted by Quantum in accordance with the terms and conditions of the binding US$300 million Gold Purchase Agreement announced to ASX on 9 May 2023. Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined gold from the Bau Gold Project [...]
Besra Gold Inc. is pleased to announce that it has successfully completed the production of gold concentrate from its Bau Gold Project in accordance with its obligation to Quantum Metal Recovery Inc contained within the Gold Purchase Agreement that was approved by Besra shareholders on 25 July 2023. Under the terms of the GPA, Besra undertook to produce gold in mineral concentrate by no later than 31 December 2023 [...]
Besra Gold Inc. advises that Mr. John Seton has resigned today as a Besra Director. The Board wishes to thank Mr. Seton for his dedicated contribution to the Company over many years and looks forward to his continued support of Besra. The Board of Besra Gold Inc. authorised this ASX release. For further information: Australasia Michael Higginson Company Secretary Email: michael.higginson@besra.com North America James [...]
Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : NOTICE OF MEETING and MANAGEMENT INFORMATION CIRCULAR You are invited to click on the link below to read in full this announcement: https://images.newsfilecorp.com/files/3448/189307_560545_2650670.pdf About Besra - www.besra.com Besra is a gold mining and exploration company focused on exploring and developing the 3m ounce Bau [...]
Besra Gold Inc. is very pleased to advise of the receipt, from Quantum Metal Recovery Inc , of US$10,646,325.65. The US$10,646,325.65 was received from Quantum in accordance with the terms and conditions of the binding US$300 million Gold Purchase Agreement announced to ASX on 9 May 2023. Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined gold from the Bau Gold Project until [...]
Besra Gold Inc. refers to its ASX announcement dated 20 September 2023 and is very pleased to advise receipt of US$10,000,000 from Quantum Metal Recovery Inc in accordance with the terms and conditions of the US$300 million Gold Purchase Agreement announced to ASX on 9 May 2023. Quantum is Besra's largest CDI holder and under the terms of the GPA, approved by shareholders on 25 July 2023, the Company has agreed to sell to [...]
Besra Gold Inc. refers to its ASX announcement dated 10 May 2023, wherein it advised that it intended to acquire from Pangaea Resources Limited 1,802 shares in the issued share capital of North Borneo Gold Sdn Bhd , the holding company of the Bau Gold Project . The consideration to be paid to Pangaea by Besra for the NBG Shares comprised: 10,000,000 Besra CDIs; and 20,000,000 options to subscribe for Besra CDIs, each [...]
Besra Gold Inc. is very pleased to advise of the appointment of Quantum Metal Recovery Inc's nominees, Dato' Lim Khong Soon as Executive Chair 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 extensive background spanning more than 20 years in the precious metals industry [...]
In accordance with ASX Listing Rule 3.10A, Besra Gold Inc. 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 days after the end of the escrow date. The [...]
Besra Gold Inc. 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 with the Company's primary CDI holder Quantum Metal Recovery Limited have now been satisfied. Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined gold from the Bau Gold Project until: ï 3,000,000 ounces of [...]