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Besra Gold Inc Announces: Board Succession

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Besra Gold Inc. (ASX: BEZ) has announced a significant leadership change as Dato' Lim Khong Soon steps down from his position as Chair while maintaining his role as Non-Executive Director. The decision stems from Mr. Lim's recognition that the company's future growth and development would benefit from having a dynamic, experienced, and independent mining executive in the Chair position.

The Board has expressed support for Mr. Lim's decision and will begin an extensive search for a highly qualified candidate to guide Besra's transition into gold production. The announcement was authorized by Directors CL Lee and M Higginson.

Besra Gold Inc. (ASX: BEZ) ha annunciato un'importante modifica nella leadership, poiché Dato' Lim Khong Soon si dimette dalla sua posizione di Presidente, pur mantenendo il suo ruolo di Direttore Non Esecutivo. La decisione deriva dal riconoscimento da parte del Sig. Lim che la crescita e lo sviluppo futuri dell'azienda trarrebbero beneficio dalla presenza di un dirigente minerario dinamico, esperto e indipendente alla guida.

Il Consiglio ha espresso sostegno per la decisione del Sig. Lim e avvierà una ricerca approfondita per un candidato altamente qualificato che possa guidare la transizione di Besra verso la produzione di oro. L'annuncio è stato autorizzato dai Direttori CL Lee e M Higginson.

Besra Gold Inc. (ASX: BEZ) ha anunciado un cambio significativo en su liderazgo, ya que Dato' Lim Khong Soon deja su cargo como Presidente, manteniendo su papel como Director No Ejecutivo. La decisión proviene del reconocimiento del Sr. Lim de que el crecimiento y desarrollo futuro de la empresa se beneficiaría de contar con un ejecutivo minero dinámico, experimentado e independiente en la posición de Presidente.

La Junta ha expresado su apoyo a la decisión del Sr. Lim y comenzará una búsqueda exhaustiva de un candidato altamente calificado para guiar la transición de Besra hacia la producción de oro. El anuncio fue autorizado por los Directores CL Lee y M Higginson.

Besra Gold Inc. (ASX: BEZ)Dato' Lim Khong Soon이 회장직에서 물러나고 비상임 이사로 남게 되면서 중요한 리더십 변화를 발표했습니다. 이 결정은 회사의 미래 성장과 발전이 역동적이고 경험이 풍부하며 독립적인 광산 경영인이 회장직에 있는 것이 도움이 될 것이라는 Lim 씨의 인식에서 비롯되었습니다.

이사회는 Lim 씨의 결정을 지지한다고 밝혔으며, Besra가 금 생산으로 전환하는 과정을 이끌어갈 고도로 자격을 갖춘 후보자를 찾기 위한 광범위한 검색을 시작할 것입니다. 이번 발표는 CL Lee 이사와 M Higginson 이사가 승인했습니다.

Besra Gold Inc. (ASX: BEZ) a annoncé un changement de leadership significatif, car Dato' Lim Khong Soon démissionne de son poste de président tout en maintenant son rôle de directeur non exécutif. Cette décision découle de la reconnaissance par M. Lim que la croissance et le développement futurs de la société bénéficieraient de la présence d'un dirigeant minier dynamique, expérimenté et indépendant à la présidence.

Le Conseil a exprimé son soutien à la décision de M. Lim et commencera une recherche approfondie pour trouver un candidat hautement qualifié pour guider la transition de Besra vers la production d'or. L'annonce a été autorisée par les Directeurs CL Lee et M Higginson.

Besra Gold Inc. (ASX: BEZ) hat einen bedeutenden Führungswechsel angekündigt, da Dato' Lim Khong Soon von seiner Position als Vorsitzender zurücktritt, während er seine Rolle als nicht-executive Director beibehält. Die Entscheidung beruht auf der Erkenntnis von Herrn Lim, dass das zukünftige Wachstum und die Entwicklung des Unternehmens von der Haltung eines dynamischen, erfahrenen und unabhängigen Bergbau-Executives im Vorsitz profitieren würden.

Der Vorstand hat seine Unterstützung für die Entscheidung von Herrn Lim zum Ausdruck gebracht und wird eine umfassende Suche nach einem hochqualifizierten Kandidaten einleiten, der Besras Übergang in die Goldproduktion begleiten kann. Die Bekanntgabe wurde von den Direktoren CL Lee und M Higginson autorisiert.

Positive
  • Strategic leadership transition aimed at enhancing company's progression toward gold production
  • Maintaining continuity with former Chair remaining as Non-Executive Director
  • Proactive approach to strengthen executive leadership with mining industry expertise
Negative
  • Temporary leadership gap during transition period until new Chair appointment
  • Potential operational delays during leadership transition

Melbourne, Victoria, Australia--(Newsfile Corp. - December 13, 2024) - Besra Gold Inc. (ASX: BEZ) (Besra or the Company) advise that Mr. Dato' Lim Khong Soon (Mr. Lim) has informed the Board that he will step down from the role of Chair of Besra. Mr Lim will remain as a Non-Executive Director of the Company.

Mr Lim recognises that the Company's growth, development, and future success will be best served if the Company is fronted by a dynamic, experienced, and independent mining executive who will play the crucial role of Non-Executive Chair.

Besra's Directors collectively support and thank Mr. Lim for his beneficent decision. They confirm they will expeditiously commence a market-wide search for a highly credentialled candidate who can guide Besra's transition into gold production.

Authorised for release by Directors CL Lee and M Higginson.

Michael Higginson
Director and Company Secretary

North America Contact:
James Hamilton
Investor Relation Services
M +1-416-471-4494
E jim@besra.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233671

FAQ

Why did Dato' Lim Khong Soon step down as Chair of Besra Gold (ASX: BEZ)?

Dato' Lim Khong Soon stepped down to allow for a dynamic, experienced, and independent mining executive to guide the company's growth and transition into gold production, while maintaining his position as Non-Executive Director.

What is Besra Gold's plan for appointing a new Chair?

Besra Gold will conduct a market-wide search for a highly credentialed candidate with mining executive experience to serve as Non-Executive Chair.

Will the leadership change affect Besra Gold's transition to production?

The change is specifically designed to enhance Besra's transition to gold production by bringing in experienced mining executive leadership.

What role will Dato' Lim Khong Soon maintain at Besra Gold after stepping down as Chair?

Dato' Lim Khong Soon will continue to serve as a Non-Executive Director of Besra Gold.

BESRA GOLD INC CDI

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