Besra Gold Inc (“Besra” or the “Company“), announces that on 4 January 2021, Ms Jocelyn Bennett has resigned from the board of the Company. Ms Bennett is a Swiss fiduciary and Director of Pangaea Holdings Limited, who has served on the Besra board since November 2016. She was instrumental in injecting significant new finance into the Company, thereby enabling the Company to refocus efforts on rebuilding shareholder value, based on the world-class Bau project in East Malaysia. The directors and executive thank her for her valuable insight and counsel during her term.
Besra is undergoing a reorganisation of the Company as outlined in the Supplement to the Management Information Circular dated 10 November 2020, and filed on SEDAR. Pangaea Holdings Limited remains supportive of the Company and upon closing of the proposed reorganisation will be a significant shareholder of Besra.