STOCK TITAN

Besra Gold Announces Request for an ASX Trading Halt

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Besra Gold Inc (ASX: BEZ) has requested a trading halt for its securities on the Australian Securities Exchange (ASX) on March 10, 2025. The halt is specifically related to a pending announcement concerning a Cease Trade Order from the Ontario Securities Commission.

The company expects the trading halt to be lifted by the start of trading on Wednesday, March 12, 2025. The announcement regarding the Cease Trade Order is anticipated to end the trading suspension. The company has confirmed it is unaware of any reason why the trading halt should not be granted.

Besra Gold Inc (ASX: BEZ) ha richiesto un'interruzione della negoziazione dei suoi titoli sulla Borsa Australiana (ASX) il 10 marzo 2025. L'interruzione è specificamente legata a un annuncio in sospeso riguardante un Ordine di Sospensione delle Negoziazioni da parte della Commissione dei Valori Mobiliari dell'Ontario.

L'azienda prevede che l'interruzione della negoziazione venga revocata all'inizio delle contrattazioni di mercoledì 12 marzo 2025. Si prevede che l'annuncio riguardante l'Ordine di Sospensione delle Negoziazioni ponga fine alla sospensione delle negoziazioni. L'azienda ha confermato di non essere a conoscenza di alcun motivo per cui l'interruzione della negoziazione non dovrebbe essere concessa.

Besra Gold Inc (ASX: BEZ) ha solicitado una pausa en la negociación de sus valores en la Bolsa de Valores de Australia (ASX) el 10 de marzo de 2025. La pausa está relacionada específicamente con un anuncio pendiente sobre una Orden de Suspensión de Comercio de la Comisión de Valores de Ontario.

La empresa espera que la pausa en la negociación se levante al inicio de la negociación del miércoles 12 de marzo de 2025. Se anticipa que el anuncio sobre la Orden de Suspensión de Comercio ponga fin a la suspensión de la negociación. La empresa ha confirmado que no tiene conocimiento de ninguna razón por la cual no se debería conceder la pausa en la negociación.

Besra Gold Inc (ASX: BEZ)는 2025년 3월 10일 호주 증권 거래소(ASX)에서 자사 증권 거래 중단을 요청했습니다. 이 중단은 온타리오 증권 위원회로부터의 거래 중지 명령과 관련된 대기 중인 발표와 구체적으로 관련이 있습니다.

회사는 2025년 3월 12일 수요일 거래 시작 시 거래 중단이 해제될 것으로 예상하고 있습니다. 거래 중지 명령에 대한 발표는 거래 중단을 종료할 것으로 예상됩니다. 회사는 거래 중단이 승인되지 않아야 할 이유를 모르고 있다고 확인했습니다.

Besra Gold Inc (ASX: BEZ) a demandé un arrêt de la négociation de ses titres sur l'Australian Securities Exchange (ASX) le 10 mars 2025. Cet arrêt est spécifiquement lié à une annonce en attente concernant un Ordre de Suspension de Négociation de la Commission des Valeurs Mobilières de l'Ontario.

L'entreprise s'attend à ce que l'arrêt de négociation soit levé au début des échanges le mercredi 12 mars 2025. L'annonce concernant l'Ordre de Suspension de Négociation devrait mettre fin à la suspension de la négociation. L'entreprise a confirmé qu'elle n'est au courant d'aucune raison pour laquelle l'arrêt de négociation ne devrait pas être accordé.

Besra Gold Inc (ASX: BEZ) hat am 10. März 2025 eine Handelsaussetzung für ihre Wertpapiere an der Australian Securities Exchange (ASX) beantragt. Die Aussetzung steht im Zusammenhang mit einer bevorstehenden Bekanntmachung über eine Handelsstoppanordnung der Ontario Securities Commission.

Das Unternehmen erwartet, dass die Handelsaussetzung zu Beginn des Handels am Mittwoch, den 12. März 2025 aufgehoben wird. Die Bekanntmachung zur Handelsstoppanordnung wird voraussichtlich die Handelsaussetzung beenden. Das Unternehmen hat bestätigt, dass es keinen Grund sieht, warum die Handelsaussetzung nicht gewährt werden sollte.

Positive
  • None.
Negative
  • Trading halt imposed due to pending Cease Trade Order from Ontario Securities Commission
  • Temporary suspension of stock trading affecting shareholder liquidity

Melbourne, Victoria, Australia--(Newsfile Corp. - March 10, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") requests a trading halt in the Company's securities. Please refer to the request that was sent to the ASX.

The Australian Securities Exchange Limited
Level 40, Central Park
152-158 St Georges Terrace
Perth WA 6000

By email: tradinghaltsperth@asx.com.au

Dear Sir/Madam

Trading Halt

The Directors of Besra Gold Inc (BEZ or the Company) request a Trading Halt in the Company's securities.

As required by Listing Rule 17.1, BEZ provides the following information:

  • the Trading Halt is requested pending the release of an announcement concerning a Cease Trade Order from the Ontario Securities Commission;
  • the Company expects the Trading Halt to end on or prior to the commencement of trading on Wednesday 12 March 2025;
  • it is expected that the release of an announcement concerning the Cease Trade Order will result in the end of the Trading Halt;
  • BEZ is not aware of any reason why the Trading Halt should not be granted; and
  • BEZ has no other information necessary to inform the market about the Trading Halt.

Yours faithfully

Michael Higginson
Company Secretary

James Hamilton
Investor Relations
M +1-416-471-4494

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243957

FAQ

Why did Besra Gold (BESAF) request a trading halt on March 10, 2025?

Besra Gold requested the trading halt pending an announcement about a Cease Trade Order from the Ontario Securities Commission.

When will Besra Gold's (BESAF) trading halt be lifted?

The trading halt is expected to end by the commencement of trading on Wednesday, March 12, 2025.

What is the reason for the Cease Trade Order affecting Besra Gold (BESAF)?

The specific details about the Cease Trade Order from the Ontario Securities Commission are pending announcement.

How will the Cease Trade Order announcement impact Besra Gold's (BESAF) trading status?

The company expects the trading halt to end once the announcement regarding the Cease Trade Order is released.
Besra Gold

OTC:BESAF

BESAF Rankings

BESAF Latest News

BESAF Stock Data

23.97M
268.99M
35.8%
1.56%
Gold
Basic Materials
Link
Australia
Melbourne