TORONTO, ONTARIO — (Marketwired) — 11/19/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) today announced that at the annual and special meeting of shareholders of the Company, all four director-s nominees that were standing for election were elected as directors of the Company as follows:All other matters considered by Shareholders at the meeting were also approved, the details of which are contained in the Report of Voting Results regarding the meeting filed by the Company on
TORONTO, ONTARIO — (Marketwired) — 11/18/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) today announced the temporary suspension of its operations at Bong Mieu in central Vietnam from 14.00 on 16th November 2013.The Company has had to suspend operations after several landslides cut roads between the site and the provincial capital of Tam Ky, preventing employees and supplies from accessing the site.The main transport road within the site has also suffered substantial damage a
TORONTO, CANADA — (Marketwired) — 11/14/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) today announced its Q1 FY2014 results with 14,425 oz of gold produced with a cash cost per oz of US$1,002 and all-in sustaining costs of US$1,463 per oz. These costs were higher than budget owing to a disputed export tax assessment.The Vietnam Customs assessment (see Besra press release dated 5 July 2013 and subsequent updates) resulted in temporary import and export restrictions which affe
TORONTO, ONTARIO — (Marketwired) — 10/15/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6).The Standing Committee of the National Assembly of Vietnam has for a second time returned a proposal to increase royalty rates on gold to the Ministry of Finance for further consideration citing concerns relating to foreign investment and Trans-Pacific Partnership Agreement negotiations.The proposal, presented by the Ministry of Finance, sought to increase royalty rates on gold to 17% and
TORONTO, ONTARIO — (Marketwired) — 09/27/13 — Besra (TSX: BEZ) (ASX: BEZ) (OTCQX: BSRAF) (FRANKFURT: OP6) announces that the Vietnam General Department of Customs has suspended the enforcement of its export tax assessments (see Besra press release 5 July 2013) pending completion of the complaints appeal process. The Company regards this as a positive development.The Company also advises that it has recently been made aware of a proposal submitted by Vietnam-s Ministry of Finance to the Nati
TORONTO, ONTARIO — (Marketwired) — 09/18/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) CEO, John Seton, today announced the release of the company-s results for FY2013 including publishing of the Management Discussion & Analysis and Audited Financial Statements.Besra produced a total of 60,187 oz of gold in FY2013 and sold 52,195 oz, the difference being an increased holding of gold inventory at the end of June and the settlement of the gold loan commitment during the ye
TORONTO, ONTARIO — (Marketwired) — 09/09/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) CEO John Seton will be speaking to institutional and high net worth investors at the annual Euro Pacific Capital Global Investment Conference in New York on 10 September 2013. The one-day event will feature top executives from 59 international public companies involved in mining, transportation and resource exploration and production.Seton will be presenting the following company highlight
TORONTO, ONTARIO — (Marketwired) — 07/09/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) CEO John Seton is very pleased to be able to announce that the company has achieved its 2013 production guidance.Seton said, "Following a record-breaking quarter, we are very pleased to be in a position to announce that for the year ended 30 June 2013, gold production totalled 60,187 ounces which marks the highest ever annual production for Besra and meets our market guidance of 60,00
TORONTO, ONTARIO — (Marketwired) — 06/04/13 — Besra (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: OP6) – John Seton, Chief Executive Officer of Besra, is pleased to announce that the Company has made the final delivery of 3,438 ounces of gold under its Gold Loan Notes settling a face value of approximately US$4.1 million.The Gold Loan Notes matured on 31 May 2013, bearing an interest rate of 8% per annum, and were secured by certain assets of the Company (See Besra press release dated 21 Ju
TORONTO, ONTARIO — (Marketwired) — 05/21/13 — BESRA (TSX: BEZ) (OTCQX: BSRAF) (FRANKFURT: OP6) (ASX: BEZ) John Seton, Chief Executive Officer is pleased to announce the Company has revised its payment schedule over the next three years for increased ownership of North Borneo Gold Sdn Bhd.Seton said, " This revised payment schedule will improve cash flow during the current ebb in gold price. The new arrangements have been negotiated as part of Besra-s program of cost reduction and great
