Besra Gold (OTC: BESAF) announced that, after reviewing a series of purported shareholder notices under section 143 of the Canadian Business Corporations Act (CBCA), it has determined the shareholder request dated 14 July 2026 is not valid for section 143 purposes and will therefore not convene a special shareholders’ meeting. The decision was authorised by Besra Gold’s board of directors.
Perth, Western Australia--(Newsfile Corp. - August 4, 2026) - Besra Gold Inc (ASX: BEZ) (Besra or the Company) refers to its previous announcements in relation to the receipt of a series of purported notices under section 143 of the Canadian Business Corporations Act (CBCA), including its most recent announcement on 16 July 2026.
The Company confirms that the purported shareholder request dated 14 July 2026 is not valid for the purposes of section 143 of the CBCA and accordingly, the Company will not be convening a special meeting of shareholders in response to that notice.
This announcement has been authorised for release by the Board of Directors.
For more information please contact:
Investors: Dr Ray Shaw CEO & Executive Director info@besra.com
What did Besra Gold (BESAF) announce about the July 14, 2026 shareholder request?
Besra Gold stated the shareholder request dated July 14, 2026 is not valid under section 143 of the CBCA. According to Besra Gold, this means the company will not convene a special meeting of shareholders in response to that specific notice.
Will Besra Gold (BESAF) hold a special shareholders’ meeting in response to the July 14, 2026 notice?
No, Besra Gold will not hold a special shareholders’ meeting in response to the July 14, 2026 notice. According to Besra Gold, the request was deemed not valid for the purposes of section 143 of the Canadian Business Corporations Act.
Why did Besra Gold (BESAF) consider the section 143 CBCA notice invalid?
Besra Gold stated only that the July 14, 2026 shareholder request is not valid for section 143 purposes, without providing detailed reasons. According to Besra Gold, this conclusion follows its review of a series of purported notices under the Canadian Business Corporations Act.
How does section 143 of the CBCA relate to Besra Gold’s August 4, 2026 announcement?
The announcement concerns shareholder notices purportedly issued under section 143 of the CBCA, which addresses shareholder-requested meetings. According to Besra Gold, the specific notice dated July 14, 2026 did not meet section 143 requirements, so no special meeting will be called.
Who authorized Besra Gold’s decision not to convene a special meeting regarding the July 14, 2026 request?
Besra Gold reported that the announcement, including the decision not to convene a special meeting, was authorized by its board of directors. According to Besra Gold, this board authorization confirms the company’s official position on the July 14, 2026 shareholder request.
Does Besra Gold’s August 4, 2026 update on BESAF mention any financial impact or transactions?
No, the August 4, 2026 update does not mention financial results, transactions, or earnings. According to Besra Gold, the announcement is limited to clarifying the invalidity of a specific shareholder request under section 143 of the Canadian Business Corporations Act.
