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 [...]
Follow Up Drilling Confirms Bekajang's 'Multi-Storey' Endowment Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : "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 [...]
Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : "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 3m ounce Bau Goldfield in East Malaysia [...]
Besra Gold Inc. 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 . 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 November 2016 to January 2021 and from February this year to date. She was [...]
Besra Gold Inc. announces a Notice of Special Meeting. Notice is given that a Special Meeting of Besra Gold Inc. will be held on Tuesday 25 July 2023, commencing at 10:00 am 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 2000. Please follow the links to the Notice of Meeting [...]
Besra Gold Inc. is pleased to advise that the Natural Resources and Environment Board Sarawak has approved the Environmental Impact Assessment for the proposed test/pilot gold mining and processing at its Jugan Project located in the Bau Gold Field corridor. The EIA, together with the ancillary documentation relating to mine rehabilitation and details of the pilot plant specifications , will now be lodged with the Land [...]
Besra Gold Inc. is pleased to announce that the second 'Initial Payment' of US$3m, from Quantum Metal Recovery Inc , 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 for a US$300m Offtake Funding Facility announced to ASX on 9 May 2023. The second 'Initial Payment' of US$3m is in addition to the first 'Initial [...]
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