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