Besra Gold Announces: "Assays Results Strengthen Bekajang's Gold Potential"
Perth, Western Australia--(Newsfile Corp. - March 28, 2023) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): 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...
2023-03-28 7:01 AM EDT
Besra Gold Inc. Announces: US$300m Non-Binding Funding and Offtake Term Sheet to Bring 3Moz Bau Gold Project into Production
Highlights Up to US$300m gold pre-purchase and offtake non-binding drawdown funding facility term sheet ('the Facility'), signed with major shareholder Quantum Metal Recovery Inc ('Quantum'), 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 at Bau and the appraisal of other deposits...
2023-03-22 10:56 AM EDT
Besra Gold Announces: Board Appointment
Perth, Western Australia--(Newsfile Corp. - February 24, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) 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...
2023-02-24 7:51 AM EST
Besra Gold Inc. Announces: Clarification - January 2023 Investor Update
Perth, Western Australia--(Newsfile Corp. - January 24, 2023) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) refers to the January 2023 Investor Update Announcement (Investor Update) 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...
2023-01-24 2:04 PM EST
Besra Gold Announces: January 2023 Investor Update
Summary Non-Renounceable 1 for 3 fully underwritten Entitlement Offer successfully completed on 3 January 2023, raising approximately A$5.1 million (before costs). Proceeds will be used for: Funding for pre-development works at Jugan, including pilot plant construction and commissioning (once approved); Drilling including follow-up step-outs to determine the extent of bonanza grade gold mineralisation encountered in BKDDH-27 during the 2022 Bekajang drilling campaign. General Overheads and...
2023-01-20 7:14 PM EST
Besra Gold Announces: Variation to the Underwriting Agreement and Completion of Entitlement Offer
Perth, Western Australia--(Newsfile Corp. - December 29, 2022) - The Board of Besra Gold Inc (ASX: BEZ) refers to its fully underwritten non-renounceable entitlement offer of one new CDI (New CDIs) for every three CDIs, or three Common Shares (Securities) held on the record date of 5:00 pm (AWST) on Thursday, 1 December 2022 as announced to the market on Friday, 25 November 2022 (Entitlement Offer). The Entitlement Offer closed at 5:00 pm (AWST) on Tuesday, 20 December 2022. Other than as...
2022-12-29 8:28 AM EST
Besra Gold Announces Non-Renounceable Entitlement Offer to Raise Approximately $5.1 Mil
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 (before costs) ("Entitlement Offer"). 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 represents a 33.52% discount to the...
2022-11-25 12:01 PM EST
Besra Gold Is in Discussions with Major Shareholder, Quantum Metals to Fund Production and Provide Off Take Purchase Agreement
Perth, Western Australia--(Newsfile Corp. - November 25, 2022) - The Board of Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) ("Besra" or "Company") is pleased to advise the market that it is in advanced discussions with its substantial shareholder, Quantum Metals Recovery Inc ("QM"), 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,...
2022-11-25 10:43 AM EST
Besra Gold Announces: "Exceptional High & Bonanza Grade Gold Intercepts Upgrade Bekajang's Potential"
Perth, Western Australia--(Newsfile Corp. - November 22, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): 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/...
2022-11-22 8:11 AM EST
Besra Gold Announces: "Final Drill Results Endorse Jugan's Potential."
Perth, Western Australia--(Newsfile Corp. - October 21, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): 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...
2022-10-21 8:15 AM EDT
Besra Gold Inc. Signs a Placement at Substantial Premium
Perth, Western Australia--(Newsfile Corp. - October 10, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") is pleased to announce that it has signed a Subscription Agreement with Quantum Metal Recovery Inc. ("Quantum"), 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...
2022-10-10 7:16 PM EDT
Besra Gold: Quantum Metals Recovery Inc. Acquires a Substantial Besra Shareholder Position
Perth, Western Australia--(Newsfile Corp. - August 29, 2022) - Besra Gold Inc. (ASX: BEZ) ("Besra" or "Company") is pleased to welcome Quantum Metal Recovery Inc. ("Quantum") as a substantial shareholder of the Company following its acquisition of Besra CDIs from Pangaea Resources Limited[1]. Quantum is a US based corporation and part of a group whose principals are based in Malaysia, with strong relationships to Sarawak stakeholders including within the district of Bau. Besra's Bau Gold...
2022-08-29 7:49 AM EDT
Besra Gold Inc: 'Bekajang Drilling Confirms Two New Targets'
Perth, Western Australia--(Newsfile Corp. - August 23, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX); 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...
2022-08-23 6:10 PM EDT
Besra Gold Announces: Jugan Project Drill Results Continue to Impress
Perth, Western Australia--(Newsfile Corp. - June 22, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : 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 gold mining and exploration company focused on the exploration and...
2022-06-22 5:00 PM EDT
Besra Gold Announces: Further Gold Assays, incl. 64m @ 1.9 g/t & 67m @ 1.8 g/t at the Bau Gold Project
Perth, Western Australia--(Newsfile Corp. - May 30, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): 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 gold mining and exploration company focused on the exploration and...
2022-05-30 12:46 AM EDT
Besra Gold Announces: Further Outstanding Gold Assays, incl. 47m @ 2.21g/t from Surface, at the Bau Gold Project
Perth, Western Australia--(Newsfile Corp. - March 30, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX) : "Further Outstanding Gold Assays, incl. 47m @ 2.21g/t from surface, at the Bau Gold Project." You are invited to click on the link below to read in full this announcement. Link : https://www.besra.com/asx-release-29-march-2022-second-batch-drilling-results-for-jugan/ About Besra - www.besra.com...
2022-03-30 10:20 AM EDT
Besra Gold Inc: Issues a Reminder to the Holders of 3% Unsecured Convertible Redeemable Notes Issued November 2016
Toronto, Ontario--(Newsfile Corp. - March 7, 2022) - Besra Gold Inc. (ASX: BEZ) listed on the Australian Stock Exchange (ASX) on October 8, 2021, under ticker symbol BEZ. Besra's common shares trade on the ASX as Chess Depository Interests (CDIs). One CDI is the equivalent of one common share of Besra Gold Inc. THIS IS AN IMPORTANT NOTICE TO ALL BESRA NOTE HOLDERS WHO HAVE NOT YET RECEIVED THEIR EQUITY ENTITLEMENTS SINCE BESRA LISTED ON THE AUSTRALIAN STOCK EXCHANGE IN OCTOBER 2021. Your...
2022-03-07 6:43 PM EST
Besra Gold Announces: Outstanding First Gold Assays, incl. 58m @ 2.67g/t from surface, at the Bau Gold Project
Perth, Western Australia--(Newsfile Corp. - February 18, 2022) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that it has today released to the Australian Securities Exchange (ASX): You are invited to click on the link below to read in full this announcement. Link : https://www.besra.com/wp-content/uploads/2022/02/ASX-downloaded-Drilling-Results-Jugan-17-February-2022.pdf About Besra - www.besra.com Besra is a gold mining and exploration company focused on the exploration...
2022-02-18 6:54 PM EST
Besra Gold: Announces Second Rig Underway First Samples Despatched for Assay
HIGHLIGHTS A second rig has commenced drilling at Besra's 3.3 Moz Bau Gold Project1 for the initial 3,000 - 4,000m diamond drill hole program. Both rigs are fast tracking drilling on the Jugan sector, before moving to the Pejiru and Bekajang prospects. Drill Holes JUDDH -82, -83, -84, -85, -86, -87 & 88, representing approx. 530m of diamond drillhole coring, have been completed the rigs now drilling locations JUDDH-89 & -90. The initial batch of core samples has been despatched for assay at...
2021-12-23 9:23 AM EST
Besra Gold: Second Rig Mobilised to Accelerate Drilling at 3.3 Moz Bau Gold Project(1)
HIGHLIGHTS A second rig has been mobilised to Besra's 3.3 Moz Bau Gold Project1 for the initial 3,000 - 4,000m diamond drill hole program. This will fast track drilling already in progress on the Jugan sector, before it expands to the Pejiru and Bekajang prospects. Approximately 320 m of diamond drillhole coring has been completed by the first rig since drilling commenced at Jugan in November. Visual observations from the first holes indicate drilling is intersecting targetted zones that,...
2021-12-06 11:37 AM EST