Besra Gold Announces Request for an ASX Trading Halt

Rhea-AI Summary

Besra Gold Inc (ASX: BEZ) has requested a trading halt for its securities on the Australian Securities Exchange (ASX) on March 10, 2025. The halt is specifically related to a pending announcement concerning a Cease Trade Order from the Ontario Securities Commission.

The company expects the trading halt to be lifted by the start of trading on Wednesday, March 12, 2025. The announcement regarding the Cease Trade Order is anticipated to end the trading suspension. The company has confirmed it is unaware of any reason why the trading halt should not be granted.

Positive

• None.

Negative

• Trading halt imposed due to pending Cease Trade Order from Ontario Securities Commission
• Temporary suspension of stock trading affecting shareholder liquidity

Melbourne, Victoria, Australia--(Newsfile Corp. - March 10, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") requests a trading halt in the Company's securities. Please refer to the request that was sent to the ASX.

The Australian Securities Exchange Limited
Level 40, Central Park
152-158 St Georges Terrace
Perth WA 6000

By email: tradinghaltsperth@asx.com.au

Dear Sir/Madam

Trading Halt

The Directors of Besra Gold Inc (BEZ or the Company) request a Trading Halt in the Company's securities.

As required by Listing Rule 17.1, BEZ provides the following information:

• the Trading Halt is requested pending the release of an announcement concerning a Cease Trade Order from the Ontario Securities Commission;

• the Company expects the Trading Halt to end on or prior to the commencement of trading on Wednesday 12 March 2025;

• it is expected that the release of an announcement concerning the Cease Trade Order will result in the end of the Trading Halt;

• BEZ is not aware of any reason why the Trading Halt should not be granted; and

• BEZ has no other information necessary to inform the market about the Trading Halt.

Yours faithfully

Michael Higginson
Company Secretary

James Hamilton
Investor Relations
M +1-416-471-4494

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243957

FAQ

Why did Besra Gold (BESAF) request a trading halt on March 10, 2025?

Besra Gold requested the trading halt pending an announcement about a Cease Trade Order from the Ontario Securities Commission.

When will Besra Gold's (BESAF) trading halt be lifted?

The trading halt is expected to end by the commencement of trading on Wednesday, March 12, 2025.

What is the reason for the Cease Trade Order affecting Besra Gold (BESAF)?

The specific details about the Cease Trade Order from the Ontario Securities Commission are pending announcement.

How will the Cease Trade Order announcement impact Besra Gold's (BESAF) trading status?

The company expects the trading halt to end once the announcement regarding the Cease Trade Order is released.