Brief: Besra Gold Says US$300M Finance Facility And Management Changes

Besra Gold

09/05/2023 02:28

May 9 (Reuters) - Besra Gold  BEZ.AX :
    * US$300M FINANCE FACILITY AND MANAGEMENT CHANGES
    * BINDING GOLD PURCHASE AGREEMENT (FACILITY) FOR UP TO
US$300M
SIGNED WITH MAJOR SHAREHOLDER QUANTUM METAL RECOVERY
    * JOCELYN M. BENNETT APPOINTED TO ASSUME ROLE OF BESRA'S
EXECUTIVE
CHAIR
    * RAY SHAW HAS AGREED TO STEP DOWN AS CEO
    * WE EXPECT US$300M FACILITY TO BE FULLY OPERATIONAL BY JUNE
30,
2023

Source text for Eikon:  ID:nASX41DSZC 
Further company coverage:  BEZ.AX 

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