Love this write up .....Besra’s Executive Chair, Jocelyn Bennet,...

Love this write up .....

Besra’s Executive Chair, Jocelyn Bennet, commented:

“The announcement of progress this landmark agreement, as well as the accompanying corporate
changes, moves Besra’s 3Moz Bau Gold Project closer to production. In particular, this extraordinary
funding deal should provide ample funding for the development of Bau and allows us to bring the
project into production in a way that is uniquely non-dilutive to our shareholders and to retain
exposure to gold price movements, free of hedging or other onerous covenants. Whilst we have
several Conditions Precedent yet to fulfil we expect the US$300m Facility to be fully operational by
June 30, 2023.
I would also like to take this opportunity to thank Ray Shaw for his valuable contribution as CEO of
Besra over many years and the work he has led to date on the Bau Project. We feel that the
development and exploration potential of the project he has helped unlock should be the envy of
our peers”