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 [...]
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 [...]
