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Bullboard - Stock Discussion Forum Besra Gold Inc BSRAF

"Besra Gold Inc is a gold producer focused on Southeast Asia. It is engaged in the acquisition, exploration, development, mining of gold-bearing properties in Southeast Asia. Its properties include the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. It also has operations in Malaysia, Philippines, and Laos and Cambodia."

GREY:BSRAF - Post Discussion

Besra Gold Inc > The news! PP at ,057 cents
View:
Post by thepriceisright on Jun 20, 2014 10:06am

The news! PP at ,057 cents

Besra and Victory Corporation Agree Terms for a US$14.25 Million Placement

TORONTO, ONTARIO--(Marketwired - June 20, 2014) - Besra (TSX:BEZ)(ASX:BEZ)(FRANKFURT:OP6) is pleased to announce that it has signed a letter agreement for an investment by Victory Corporation Group of Switzerland (VCG) pursuant to which VCG will purchase from treasury 250 million common shares in Besra Gold Inc at a price of US$0.057 per share.

Comment by ramuchomail on Jun 20, 2014 10:16am
This post has been removed in accordance with Community Policy
Comment by GoldTheory on Jun 20, 2014 10:35am
The link posted above is not the news release, its some kind of scam newsletter (seems it always is when its a tinyurl link). Here is an actual link: https://www.juniorminingnetwork.com/junior-miner-news/news-releases/1138-tsx/bez/30469-besra-and-victory-corporation-agree-terms-for-a-us-14-25-million-placement.html#.U6REfmdOWHs This deal is very dilutive but will allow Besra to pay back ...more  
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