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BESRA GOLD INC CDI - BESAF STOCK NEWS

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Besra Gold Inc. (ASX: BEZ) has appointed Mr Michael Higginson as a Non-Executive Director. Higginson, who is independent of Quantum Metal Recovery Inc (Besra's largest CDI holder), will continue his role as Company Secretary. He joined Besra as Company Secretary on April 3, 2023, and has been recognized for his exceptional contributions.

Higginson brings over 36 years of experience in professional director and company secretary roles for various Australian and international listed public companies. He holds a Bachelor of Business degree from Edith Cowan University, majoring in Finance and Administration. His expertise includes ASX Listing Rules, Corporations Act, capital raisings, corporate governance, mergers and acquisitions, and financial reporting.

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Besra Gold Inc (ASX: BEZ) has issued a clarification regarding a press release by Quantum Metal Sdn Bhd. The company states that Quantum's announcement about Besra's rapidly growing gold mining operations is inaccurate and unauthorized. Besra emphasizes that it is an exploration company without current gold mining operations. The company is actively developing its Jugan Gold Project in Sarawak towards commercialization through a Pilot Plant and a Definitive Feasibility Study.

Besra also clarifies that it does not hold physical gold and assumes Quantum's statement about guaranteed safe gold refers to future production from the Jugan Gold Project. The company's JORC (2012) Resources across several deposits total 2.8 million ounces of gold.

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Besra Gold Inc. (ASX: BEZ) has appointed Renee Minchin as its new Chief Financial Officer. Minchin, the founder and Principal of her own accounting practice, brings extensive experience across various industries, including financial services, technology, hospitality, and resources. Her impressive academic background includes a Bachelor of Business in Accounting and Management from Monash University. Minchin holds several professional designations, including Chartered Global Management Accountant (CGMA), Associate of the Chartered Institute of Management Accountants (CIMA), and fellowships with the Governance Institute of Australia (GIA) and the Institute of Chartered Secretaries and Administrators. She is also a registered BAS Agent and an ASIC Agent, with Member in Practice status at CIMA.

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Besra Gold Inc. (ASX: BEZ) has appointed Matthew Antill as Managing Director of its Malaysian subsidiary, North Borneo Gold Sdn Bhd, effective November 1, 2024. Antill, a mining engineer with over 30 years of experience, will lead the Jugan Project towards commercialization. His role includes overseeing pilot production and delivering the Definitive Feasibility Study.

Antill's compensation includes an annual salary of A$400,000 plus superannuation. Subject to a three-month probationary period, he will be eligible for 1.2 million performance rights in Besra. These rights are divided into three classes, each with specific performance hurdles related to the Jugan Gold Project and Bau Gold Project development milestones.

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Besra Gold Inc (ASX: BEZ) has released its June 2024 Quarterly Activities update. The company, which operates in the gold mining sector, has made this announcement to keep investors and stakeholders informed about its recent activities and progress. While specific details are not provided in this brief release, quarterly reports typically include information on operational performance, financial results, and strategic developments.

The full report is available on Besra's official website, suggesting transparency in their communications. The announcement was authorized by the company's Board, indicating compliance with corporate governance practices. Investors and interested parties can access more detailed information through the provided link or by contacting James Hamilton, the Investor Relations representative.

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FAQ

What is the market cap of BESRA GOLD CDI (BESAF)?

The market cap of BESRA GOLD CDI (BESAF) is approximately 48.2M.

BESRA GOLD INC CDI

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48.22M
United States of America