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 [...]
As part of a move to increase Besra Gold Inc.'s ownership of the Bau Gold Project , Besra is pleased to announce that it has reached an agreement with Pangaea Resources Limited , a substantial shareholder of the Company and an entity associated with Besra's Chair , to acquire from Pangaea 1,802 shares in the issued share capital of North Borneo Gold Sdn Bhd . Given that NBG is the owner of Bau and that the NBG Shares are [...]
Besra Gold Inc. announces Binding Gold Purchase Agreement . Finance Facility Update Binding Gold Purchase Agreement for up to US$300m signed with major shareholder Quantum Metal Recovery Inc , giving effect to the non-binding term sheet previously announced . The Facility provides up to a US$300m deposit, to be paid over 30 months, against future gold production ounces, enabling Besra to fully fund production at Bau and [...]
Besra Gold Inc. is pleased to announce that the 'Initial Payment' of US$2m, from Quantum Metal Recovery Inc , 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 announced to ASX on 21 March 2023. Besra is entitled to a further US$3m 'Initial Payment' upon execution of the 'Facility [...]
Besra Gold Inc. 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 [...]
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