Besra Announces: A Further US$9,827,854.60 to Be Received from Quantum
Perth, Western Australia--(Newsfile Corp. - December 28, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) is very pleased to advise that Quantum Metal Recovery Inc (Quantum) is to remit a further US$9,827,854.60 to Besra. The US$9,827,854.60 is to be remitted by Quantum (Besra's largest CDI holder) in accordance with the terms and conditions of the binding US$300 million Gold Purchase Agreement (GPA) announced to ASX on 9 May 2023. Under the terms of the GPA, the...
2023-12-28 4:09 PM EST
Besra Gold Inc: Produces First Gold Concentrate
Perth, Western Australia--(Newsfile Corp. - December 22, 2023) - Besra Gold Inc. (ASX: BEZ) (Besra) 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 (GPA) 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...
2023-12-22 7:05 PM EST
Besra Gold Inc. Announces: Resignation of Director
Perth, Western Australia--(Newsfile Corp. - December 22, 2023) - Besra Gold Inc (ASX: BEZ) (Besra) 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...
2023-12-22 5:13 PM EST
Besra Gold Announces: Notice of Meeting and Management Information Circular in Respect of the Annual General and Special Meetings of Shareholders
Perth, Western Australia--(Newsfile Corp. - November 30, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : 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...
2023-11-30 12:37 PM EST
Besra Gold Inc. Announces: US$10,646,325.65 Received from Quantum
Perth, Western Australia--(Newsfile Corp. - November 27, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) is very pleased to advise of the receipt, from Quantum Metal Recovery Inc (Quantum), of US$10,646,325.65. The US$10,646,325.65 was received from Quantum (Besra's largest CDI holder) in accordance with the terms and conditions of the binding US$300 million Gold Purchase Agreement (GPA) announced to ASX on 9 May 2023. Under the terms of the GPA, the Company has...
2023-11-27 11:22 AM EST
Besra Gold Announces: US$10,000,000 Received from Quantum
Perth, Western Australia--(Newsfile Corp. - October 11, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) 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 (Quantum) in accordance with the terms and conditions of the US$300 million Gold Purchase Agreement (GPA) announced to ASX on 9 May 2023. Quantum is Besra's largest CDI holder and under the terms of the GPA, approved by...
2023-10-11 8:00 PM EDT
Besra Gold Inc. Announces: Termination of Agreement for the Acquisition of Additional Shares in the Holding Company of the Bau Gold Project
Perth, Western Australia--(Newsfile Corp. - October 3, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) refers to its ASX announcement dated 10 May 2023, wherein it advised that it intended to acquire from Pangaea Resources Limited (Pangaea) (a substantial CDI holder of the Company) 1,802 shares (NBG Shares) in the issued share capital of North Borneo Gold Sdn Bhd (NBG), the holding company of the Bau Gold Project (Agreement). The consideration to be paid to Pangaea by Besra for the...
2023-10-03 3:15 PM EDT
Besra Gold Inc. Announces: Board Re-Structure
Perth, Western Australia--(Newsfile Corp. - September 28, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) is very pleased to advise of the appointment of Quantum Metal Recovery Inc's (Quantum) nominees, Dato' Lim Khong Soon as Executive Chair (on a non-fulltime basis) 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...
2023-09-28 5:23 PM EDT
Besra Gold Inc. Announces: Release of Securities from Escrow
Perth, Western Australia--(Newsfile Corp. - September 27, 2023) - In accordance with ASX Listing Rule 3.10A, Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) 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...
2023-09-27 2:36 PM EDT
Besra Gold Inc. Announces: Conditions Precedent Satisfied - US$300 Million Drawdown Off-Take Funding Facility
Perth, Western Australia--(Newsfile Corp. - September 20, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) 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 (GPA) with the Company's primary CDI holder Quantum Metal Recovery Limited (Quantum) have now been satisfied. Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined...
2023-09-20 9:22 AM EDT
Besra Gold Inc: Amended Announcement
Perth, Western Australia--(Newsfile Corp. - September 7, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : "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 exploration company focused on...
2023-09-07 9:00 AM EDT
Besra Gold Announces Follow Up Drilling Confirms Bekajang's 'Multi-Storey' Endowment
Perth, Western Australia--(Newsfile Corp. - September 6, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : "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
2023-09-06 7:30 AM EDT
Besra Gold Announces: Resignation of Director
Perth, Western Australia--(Newsfile Corp. - August 2, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) 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 (a substantial shareholder, holding a 15.93% interest in Besra). 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...
2023-08-02 7:33 AM EDT
Besra Gold Announces: Notice of Special Meeting
Perth, Western Australia--(Newsfile Corp. - June 29, 2023) - Besra Gold Inc (ASX: BEZ) announces a Notice of Special Meeting. Notice is given that a Special Meeting (Meeting) of Besra Gold Inc (the Company) will be held on Tuesday 25 July 2023, commencing at 10:00 am (Australian Eastern Standard Time) 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...
2023-06-29 3:07 PM EDT
Besra Gold Announces: Approved Environmental Impact Assessment
Perth, Western Australia--(Newsfile Corp. - May 29, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") is pleased to advise that the Natural Resources and Environment Board (NREB) Sarawak has approved the Environmental Impact Assessment (EIA) for the proposed test/pilot gold mining and processing at its Jugan Project (Jugan) located in the Bau Gold Field corridor. The EIA, together with the ancillary documentation relating to mine rehabilitation and details of the pilot plant...
2023-05-29 7:44 AM EDT
Besra Gold Announces: Second Initial Payment of US$3M Received
Perth, Western Australia--(Newsfile Corp. - May 23, 2023) - Besra Gold Inc (ASX: BEZ) ('Besra' or the 'Company') is pleased to announce that the second 'Initial Payment' of US$3m, from Quantum Metal Recovery Inc ('Quantum'), 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 ('Agreement') for a US$300m Offtake Funding Facility (the 'Facility') announced to ASX on 9 May 2023. The second...
2023-05-23 7:40 PM EDT
Besra Gold Announces: Acquisition of Additional Shares in the Holding Company of the Bau Gold Project, North Borneo Gold Sdn Bhd
Perth, Western Australia--(Newsfile Corp. - May 10, 2023) - As part of a move to increase Besra Gold Inc's (ASX: BEZ) (Besra or the Company) ownership of the Bau Gold Project (Bau), Besra is pleased to announce that it has reached an agreement with Pangaea Resources Limited (Pangaea), a substantial shareholder of the Company and an entity associated with Besra's Chair (Jocelyn Bennett), to acquire from Pangaea 1,802 shares (0.72%) (NBG Shares) in the issued share capital of North Borneo Gold...
2023-05-10 4:59 PM EDT
Besra Gold Announces: Further Steps to Move 3Moz Bau Gold Project Closer to Production
Perth, Western Australia--(Newsfile Corp. - May 9, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces Binding Gold Purchase Agreement (Facility). Finance Facility Update Binding Gold Purchase Agreement (Facility) for up to US$300m signed with major shareholder Quantum Metal Recovery Inc (Quantum), giving effect to the non-binding term sheet previously announced (Refer ASX announcement 21 March 2023). The Facility provides up to a US$300m deposit, to be paid over 30 months,...
2023-05-09 10:40 AM EDT
Besra Gold Announces: Initial Funding from Quantum Received
Perth, Western Australia--(Newsfile Corp. - April 5, 2023) - Besra Gold Inc (ASX: BEZ) ('Besra' or the 'Company') is pleased to announce that the 'Initial Payment' of US$2m, from Quantum Metal Recovery Inc ('Quantum'), 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 (the 'Facility') announced to ASX on 21 March 2023. Besra is entitled to a further US$3m...
2023-04-05 9:32 AM EDT
Besra Gold Inc. Announces: Appointment of Company Secretary
Perth, Western Australia--(Newsfile Corp. - April 5, 2023) - Besra Gold Inc (ASX: BEZ) 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...
2023-04-05 9:31 AM EDT