Besra Gold Announces Resignation of Director

Rhea-AI Summary

Besra Gold Inc (ASX: BEZ) announced the resignation of Director Chang Loong Lee (Kenny Lee) from the company's Board. Lee, who had served as Director since September 2023, submitted his resignation citing the need to make way for a new Director who could potentially strengthen the Board. The newly appointed Chair, David Potter, acknowledged Lee's integrity in making this independent decision in the best interest of shareholders. Following this change, Besra's Board now consists of four Non-Executive Directors: David Potter (Chair), Jon Morda, Sean Williamson, and Dato' Lim Khong Soon.

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Melbourne, Victoria, Australia--(Newsfile Corp. - May 21, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") advises that it has received the resignation of Mr. Chang Loong Lee (Kenny Lee) as a Director of the Company.

Mr. Lee's resignation letter stated:

"After considerable reflection, I have made the difficult decision to resign from my position as a Board member."

"This decision has not been made lightly. My time at Besra has been deeply meaningful, professionally rewarding, personally enriching and built on strong relationships with colleagues I respect greatly. I hold immense admiration for the vision and potential of this organisation and remain proud of what we have achieved during my tenure. It is best to make way for another Director who may strengthen the Board."

"Please be assured that I remain committed to ensuring a smooth transition and will do everything necessary to hand over my responsibilities effectively."

Newly appointed Chair of Besra, Mr. David Potter, stated:

"Kenny's decision to step down from his executive role within the Company was not made lightly. It is a testament to his integrity that he made it independently and with the best interest of Besra's shareholders."

The Board sincerely thanks Mr. Lee for his service and commitment to Besra since his appointment as a Director of the Company in September 2023.

Following the resignation of Mr. Lee, the Board of Besra comprises the following:

• David Potter – Non-Executive Chair of the Company
• Jon Morda – Non-Executive Director
• Sean Williamson – Non-Executive Director
• Dato' Lim Khong Soon – Non-Executive Director

This announcement was authorised for release by Mr David Potter – Non-Executive Chair.

Michael Higginson,
Company Secretary

N. America Contact:
James Hamilton
M +1-416-471-4494

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252912

FAQ

Why did Kenny Lee resign from Besra Gold's Board of Directors?

Kenny Lee resigned to make way for a new Director who could potentially strengthen the Board, making this decision independently and in the best interest of Besra's shareholders.

Who are the current Board members of Besra Gold (BESAF) after Kenny Lee's resignation?

After Lee's resignation, Besra's Board consists of four Non-Executive Directors: David Potter (Chair), Jon Morda, Sean Williamson, and Dato' Lim Khong Soon.

How long did Kenny Lee serve as Director at Besra Gold?

Kenny Lee served as Director at Besra Gold from September 2023 until his resignation in May 2025, approximately 20 months.

Who is the new Chair of Besra Gold (BESAF)?

David Potter is the newly appointed Chair of Besra Gold.