Besra Gold Inc Announces the Special Meeting of Shareholders Report of Voting Results

Rhea-AI Summary

Besra Gold (OTC:BESAF, ASX:BEZ) reported voting results from its June 17, 2026 special shareholder meeting. Shareholders approved fixing the number of directors and the removal of David Potter from the board. Proposals to remove Matthew Greentree, elect Peter Crooks and Matthew Antill, continue the company to British Columbia law, and pass dissident advisory resolutions on the gold purchase agreement were all not approved.

Positive

• Shareholders approved resolution to fix the number of Besra directors
• Removal of director David Potter approved with 53.33% of votes cast

Negative

• Removal of director Matthew Greentree not approved; 54.72% voted against
• Peter Crooks not elected as director; 55.31% of votes against
• Matthew Antill not elected as director; 55.32% of votes against
• Continuance to British Columbia corporate law not approved despite 55.06% votes for
• Dissident advisory resolutions on gold purchase agreement not approved; 54.74% against

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Perth, Western Australia--(Newsfile Corp. - June 17, 2026) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces in accordance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, this report describes the matters decided at the special meeting of shareholders of Besra Gold Inc. (the "Company") held on June 17, 2026 (Perth, Australia time), corresponding to June 16, 2026 (Toronto, Canada time). Full details of the matters are set out in the Company's management information circular dated May 7, 2026 (the "Circular"), which is available under the Company's profile on SEDAR+ at www.sedarplus.ca.

1 Number of Directors

The resolution to fix the number of directors of the Company, as described more particularly in the Circular, was approved. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
290,160,905	99.17%	2,304,405	0.79%	115,385	0.04%

 

2 Removal of David Potter

The resolution to remove David Potter from the Board was approved. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
156,042,618	53.33%	134,514,725	45.98%	2,023,352	0.69%

 

3 Removal of Matthew Greentree

The resolution to remove Matthew Greentree from the Board was not approved. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
130,352,304	44.55%	160,112,135	54.72%	2,116,256	0.72%

 

4 Election of Peter Crooks

Peter Crooks was not elected as a director of the Company. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
130,425,192	44.58%	161,840,151	55.31%	315,352	0.11%

 

5 Election of Matthew Antill

Matthew Antill was not elected as a director of the Company. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
130,309,150	44.54%	161,849,955	55.32%	421,590	0.14%

 

6 Continuance Resolution

The special resolution approving the Company's continuation from a corporation governed under the Canada Business Corporations Act to a corporation governed under the Business Corporations Act (British Columbia), as described more particularly in the Circular, was not approved. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
161,096,230	55.06%	129,647,746	44.31%	1,836,719	0.63%

 

7 Dissident Advisory Resolutions

The advisory resolutions relating to the Company's gold purchase agreement, as described more particularly in the Circular, were not approved. Detailed results of the votes are as set out below:

Votes For	% For	Votes Against	% Against	Abstain	% Abstain
132,135,497	45.16%	160,165,635	54.74%	279,563	0.10%

 

DATED this 17^th day of June 2026.

BESRA GOLD INC.       (signed) "Dr John Blake" Dr John Blake Director and Non-Executive Chair

 

For more information please contact:

Investors:     Dr Ray Shaw     CEO & Executive Director info@besra.com

Media: Nicholas Read / Kate Bell Read Corporate info@readcorporate.com.au

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301872

FAQ

What did Besra Gold (BESAF) announce about its June 17, 2026 special shareholder meeting?

Besra Gold announced detailed voting results from its June 17, 2026 special shareholder meeting. According to Besra, shareholders voted on director numbers, one director removal, proposed director elections, a continuance resolution, and dissident advisory resolutions related to the company’s gold purchase agreement.

Was director David Potter removed at the Besra Gold (BESAF) June 2026 special meeting?

Yes, shareholders approved the removal of David Potter from Besra Gold’s board. According to Besra, 156,042,618 votes (53.33%) supported removal, 134,514,725 votes (45.98%) were against, and 2,023,352 votes (0.69%) abstained on this director removal resolution.

Did Besra Gold (BESAF) shareholders approve removing director Matthew Greentree on June 17, 2026?

No, the resolution to remove director Matthew Greentree was not approved at the meeting. According to Besra, 44.55% of votes were for his removal, while 54.72% voted against, and 0.72% abstained, so the proposal failed to pass.

Were Peter Crooks and Matthew Antill elected to the Besra Gold (BESAF) board in June 2026?

No, both Peter Crooks and Matthew Antill were not elected as directors. According to Besra, each candidate received about 44.5% of votes for and roughly 55.3% against, with a small percentage of abstentions, so neither election resolution was approved.

What happened to the Besra Gold (BESAF) continuance resolution to British Columbia law?

The special continuance resolution was not approved, despite a majority voting for it. According to Besra, 55.06% of votes were for, 44.31% against and 0.63% abstained, which was below the required threshold for a special resolution to pass.

How did Besra Gold (BESAF) shareholders vote on the dissident advisory resolutions about the gold purchase agreement?

Shareholders did not approve the dissident advisory resolutions related to the gold purchase agreement. According to Besra, 45.16% of votes were for the advisory resolutions, while 54.74% were against and 0.10% abstained, so the motions were defeated.

What was the result of the resolution to fix the number of Besra Gold (BESAF) directors?

The resolution to fix the number of directors of Besra Gold was approved. According to Besra, 290,160,905 votes (99.17%) supported the resolution, 2,304,405 votes (0.79%) were against, and 115,385 votes (0.04%) abstained, indicating strong shareholder backing.