Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : You are invited to click on the link below to read in full this announcement. https://www.besra.com/20221121final-9-30-pm-bekajang-drill-results/ About Besra - www.besra.com Besra is a gold mining and exploration company focused on the exploration and development of the 3 Moz Bau Goldfield in East Malaysia. Besra's Bau Gold [...]
Highlights Up to US$300m gold pre-purchase and offtake non-binding drawdown funding facility term sheet , signed with major shareholder Quantum Metal Recovery Inc , which Besra believes to be one of the largest deals of its kind signed by an ASX listed junior. Post-completion the Facility provides up to a US$300m deposit, to be paid over 30 months against future production ounces, enabling Besra to fully fund production [...]
Besra Gold Inc. is pleased to advise, in accordance with ASX Listing Rule 3.16.1, that Ms. Jocelyn Bennett has been appointed as a non-executive Director and Chair of the Besra Board of Directors effective immediately. Ms. Bennett is a senior partner and director in InCoR Holdings PLC, a venture capital company, and a Director of Pangaea Resources Ltd. Ms. Bennett has a strong financial background and extensive accounting [...]
Besra Gold Inc. refers to the January 2023 Investor Update Announcement released on the ASX Market Announcements Platform on 20 January 2023. Besra wishes to clarify the Assay Results from Bekajang Drilling on page 3 have been previously reported in accordance with ASX Listing Rules 5.6 and 5.7 and JORC Code 2012 in the Announcement released on 22 November 2022 - "Exceptional High & Bonanza Grade Gold Intercepts Upgrade [...]
Summary Non-Renounceable 1 for 3 fully underwritten Entitlement Offer successfully completed on 3 January 2023, raising approximately A$5.1 million . Proceeds will be used for: Funding for pre-development works at Jugan, including pilot plant construction and commissioning ; Drilling including follow-up step-outs to determine the extent of bonanza grade gold mineralisation encountered in BKDDH-27 during the 2022 Bekajang [...]
Mr. Andrew Worland has informed the Board of Besra Gold Inc. that due to increased work commitments from his having accepted a new position as CEO of an ASX Listed mining entity he has decided to step down from the Board. Mr. Worland was Chairman of the Board during the Company's formative period during its listing on the ASX in October 2021. His fellow directors very much appreciate his input during his tenure. It is [...]
The Board of Besra Gold Inc. refers to its fully underwritten non-renounceable entitlement offer of one new CDI for every three CDIs, or three Common Shares held on the record date of 5:00 pm on Thursday, 1 December 2022 as announced to the market on Friday, 25 November 2022 . The Entitlement Offer closed at 5:00 pm on Tuesday, 20 December 2022. Other than as defined in this announcement, capitalised terms have the same [...]
HIGHLIGHTS Besra is undertaking a 1 for 3 Non-Renounceable Entitlement Offer of CDIs at $0.05 per CDI to raise approximately A$5.1m . Proceeds from the Entitlement Offer will be applied to: Jugan Resource Review & Feasibility Studies; Jugan Test Processing Plant;[1] Resource Exploration & Drilling; In-Country administration and overheads; and General working capital and administration. The offer price of $0.05 per CDI [...]
The Board of Besra Gold Inc. is pleased to advise the market that it is in advanced discussions with its substantial shareholder, Quantum Metals Recovery Inc , pursuant to which it is proposed that QM will provide up to US$300 million in financial support, commencing as soon as CY2023, by way of a gold offtake purchase facility. The proposed facility, if implemented, would enable Besra to advance exploration and [...]
Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : Besra Gold Announces: "Exceptional High & Bonanza Grade Gold Intercepts Upgrade Bekajang's Potential" You are invited to click on the link below to read in full this announcement. Link: https://www.besra.com/further-outstanding-gold-assays-incl-64m-1-9-g-t-67m-1-8-g-t-at-the-bau-gold-project/ About Besra - www.besra.com Besra is a [...]
Besra Gold Inc. announces that it has today released to the Australian Securities Exchange : You are invited to click on the link below to read in full this announcement. Link: https://www.besra.com/23-august-2022-bekajang-update-asx-release-final-version/ About Besra - www.besra.com Besra is a gold mining and exploration company focused on the exploration and development of the 3 Moz Bau Goldfield in East Malaysia [...]
Besra Gold Inc. is pleased to announce that it has signed a Subscription Agreement with Quantum Metal Recovery Inc. , a substantial shareholder of the Company, for the issue of 11,111,111 new CDIs to raise A$1,000,000. The CDIs will be issued pursuant to the Company's existing capacity under ASX Listing Rule 7.1 at an issue price of A$0.09 per CDI and will rank equally with existing fully paid CDIs on issue. This compares [...]