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Besra Gold Stock Price, News & Analysis

BESAF OTC

Welcome to our dedicated page for Besra Gold news (Ticker: BESAF), a resource for investors and traders seeking the latest updates and insights on Besra Gold stock.

Besra Gold Inc CDI (BESAF) generates news primarily through updates on its Bau Gold Project in Sarawak, Malaysia and related corporate developments. The company describes itself as a gold exploration and development company focused on the Bau Goldfield in East Malaysia, and its announcements frequently centre on project reviews, resource estimates and engagement with government and community stakeholders.

News releases from Besra have covered an independent technical review of the Bau Gold Project, highlighting tenure issues around Mining Lease ML 05/2012/1D, changes in Mineral Resource Estimates and recommendations for further exploration, metallurgical testwork and study work. The company also reports on strategic and cost reviews, including decisions to place exploration and development activities on hold until key mining leases are renewed, and on its plans to digitise historical exploration data to prepare for potential future work.

Investors following BESAF-related news can also expect regular corporate governance and board updates. Recent announcements have detailed changes to the Board of Directors, the appointment and resignation of directors, the role of the Company Secretary and the relocation of the head office to Perth to reduce costs. Besra’s communications emphasise board visits to the Bau Project site, meetings with local stakeholders and the implementation of Community and Government Stakeholder Engagement Strategies.

This news page aggregates such project, technical, governance and strategic review updates for Besra Gold Inc CDI. Readers can use it to track how the company’s approach to the Bau Gold Project evolves over time, with particular attention to tenure status, resource reporting and board-level decisions that may influence the project’s future direction.

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Besra Gold (OTC: BESAF) released its March 2026 Quarterly Activities Report on 29 April 2026.

Key highlights: conditional renewal of Mining Lease ML 05/2012/1D — the first concession renewed since listing in October 2021 — securing continuity of tenure over the Jugan deposit within the Bau Gold Project. Renewal is subject to conditions to be advised. The company is implementing Strategic and Cost Review measures, including restructuring Malaysian operations and consolidating corporate functions.

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Besra Gold (OTC: BESAF) says its board accepted a shareholder requisition under Section 143 of the Canada Business Corporations Act and disclosed proposed resolutions to be voted at a Special Meeting on 16 June 2026 EDT / 17 June 2026 AWST.

Resolutions seek removal of Matthew Greentree, appointment of Peter Crooks and Matthew Antill, and new shareholder controls and quarterly disclosure requirements related to the Gold Purchase Agreement (GPA)/b) with Quantum Metal Recovery Inc (QMRI).Further meeting details, voting instructions and a management information circular will be provided to shareholders of record in advance; shareholders need take no action now.

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Besra Gold (OTC: BESAF) announced a new special meeting after its board determined a dissident requisition received March 2, 2026, is a valid shareholder requisition under Section 143 of the Canada Business Corporations Act.

The previously scheduled May 19, 2026 meeting has been cancelled. The Special Meeting will be held in Canada on June 16, 2026 at 10:00 p.m. EDT and in Australia on June 17, 2026 at 9:00 a.m. AWST. A management information circular and voting details will be provided to shareholders of record in advance; shareholders are not required to take action now.

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Besra Gold (OTC:BESAF) says it received a second notice purporting to be under Section 143 of the Canada Business Corporations Act on 2 March 2026 from Mr. Ron Mehmet, adding proposed board-composition resolutions to an earlier purported notice dated 15 January 2026.

The company announced a Special General Meeting set for 19 May 2026 at 9:00 a.m. AWST, is reviewing both notices, has sought legal advice on their validity, and says it will convene a meeting if the notices are determined valid, acknowledging considerable cost to the company.

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Besra Gold (OTC: BESAF) says the Sarawak Government has conditionally renewed Mining Lease ML 05/2012/1D, which covers the Jugan deposit at the Bau Gold Project.

The renewal secures continuity of tenure for Jugan, is the first mining lease renewal since listing in October 2021, and comes with formal conditions yet to be provided. Besra will continue engagement with authorities to clarify conditions and progress other renewals.

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Besra Gold (BESAF) has scheduled a special shareholders meeting for 9:00 a.m. AWST on Tuesday, 19 May 2026 in response to a shareholder requisition. The requisitioning shareholders collectively hold 5.38% of outstanding shares under Section 143 of the Canada Business Corporations Act. Further meeting details, agenda items and voting instructions will be provided to shareholders in a management information circular and mailed to shareholders of record as of the record date. Shareholders are not required to take action now. The announcement was authorized by the board of directors and provides investor and media contact emails for inquiries.

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Besra Gold (OTC: BESAF) has appointed Hannah Cabatit as Company Secretary effective immediately, replacing Michael Higginson.

Ms. Cabatit is an employee of Mirador Corporate and is a Certified Practicing Accountant with over 10 years' experience providing company secretarial, ASX and ASIC compliance, statutory financial reporting and corporate advisory services to ASX-listed and public companies. Under ASX Listing Rule 12.6 she will be the company's primary contact for ASX listing rule matters. The company notes Mr. Higginson received a termination notice to his Consultancy Services Agreement on 22 December 2025 and thanks him for his contribution.

Investor and media contact details are provided for follow-up.

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Besra Gold (OTC: BESAF) announced organizational changes on 5 January 2026 as part of its strategic review and cost-reduction program initiated 13 November 2025.

The Board restructured Malaysian operations: Matthew Antill, managing director of North Borneo Gold Sdn Bhd, was made redundant effective 22 December 2025 and will receive contractual entitlements. Michael Higginson, company secretary engaged under a consultancy agreement, was given notice on 22 December 2025 and will provide services until the notice concludes on 22 March 2026.

Ray Shaw, chief technical officer, remains focused on government and community engagement and the renewal of licences for the Bau Gold Project in Sarawak.

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Besra Gold (symbol: BESAF) announced its refreshed Board of Directors following the Annual General and Special Meeting on December 16, 2025. The board now comprises John Blake (Non-Executive Chairman), Matthew Greentree (Non-Executive Director) and David Potter (Non-Executive Director).

Each director brings extensive mining and resource-sector experience: Blake (35 years, surveyor and mining engineer), Greentree (25+ years, geologist, former MD/CEO of Ausgold 2017–2024) and Potter (30+ years, resource-sector consultant with geology and mineral economics credentials). The Board said it will focus on progressing exploration objectives at the Bau Gold Project.

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Besra Gold (BESAF) announced on December 12, 2025 that Michael Higginson will not stand for election as a director at the Annual General and Special Meeting scheduled for 16 December 2025 in Perth.

The Board notes there are three director positions and three candidates now standing, and it recommends shareholders vote in favour of the election of David Potter. Resolution 2(c) on the meeting agenda will be withdrawn as a result of Higginson's decision. Higginson will continue as Company Secretary and Chief Corporate Officer. The Board expressed appreciation for his service.

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FAQ

What is the current stock price of Besra Gold (BESAF)?

The current stock price of Besra Gold (BESAF) is $0.0001 as of March 4, 2026.

What is the market cap of Besra Gold (BESAF)?

The market cap of Besra Gold (BESAF) is approximately 41.8K.