Besra Gold Board Announces Shareholder Special Meeting

Rhea-AI Summary

Besra Gold Inc (ASX: BEZ) has announced a special meeting of shareholders to vote on the removal of Dato Lim Khong Soon as a director of the company. The meeting will be conducted in accordance with Section 8.2 of the Company's By-Laws, with notices to be prepared and sent to all shareholders as required by the Canada Business Corporations Act.

Additionally, directors Morda, Lee, and Higginson have stated their willingness to step down from their positions, contingent upon finding suitably qualified and experienced replacement candidates. The company is currently in discussions with several potential candidates to fill these positions.

The announcement was authorized for release by the Board, with Michael Higginson serving as Director and Company Secretary.

Melbourne, Victoria, Australia--(Newsfile Corp. - February 24, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") The Board of Besra Gold Inc (Besra or the Company) advises that in accordance with Section 8.2 of the Company's By-Laws it has resolved to call a special meeting of shareholders of Besra for the purpose of removing Dato Lim Khong Soon as a director of the Company.

The notice of the Special Meeting will be prepared and despatched to all shareholders by the Canada Business Corporations Act and the Company's By-Laws.

Messrs Morda, Lee and Higginson each confirm that they will willingly step aside as Directors of the Company, subject to the Company securing candidates that are suitably credentialled, qualified and experienced.

In that regard, we are currently in discussion with several potential candidates.

This announcement was authorised for release by the Board.

Michael Higginson
Director and Company Secretary

N. America
James Hamilton
M 1-416-471-4494
E jim@besra.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242232

FAQ

Why is Besra Gold (BESAF) calling a special shareholder meeting?

Besra Gold is calling a special shareholder meeting specifically to vote on the removal of Dato Lim Khong Soon as a director of the company, as announced on February 24, 2025.

Which Besra Gold directors have offered to step down from the board?

Directors Morda, Lee, and Higginson have stated they are willing to step down, contingent upon finding suitably qualified and experienced replacement candidates.

When will Besra Gold shareholders receive notice of the special meeting?

The notice of the Special Meeting will be prepared and dispatched to all shareholders in accordance with the Canada Business Corporations Act and the Company's By-Laws, though no specific date was provided.

Is Besra Gold (BESAF) currently seeking new board members?

Yes, Besra Gold confirmed they are currently in discussions with several potential candidates to replace the directors who have offered to step down.

Under what authority is Besra Gold calling this special shareholder meeting?

The special meeting is being called in accordance with Section 8.2 of the Company's By-Laws, as stated in the February 24, 2025 announcement.