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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
