Auckland, New Zealand--(Newsfile Corp. - October 29, 2018) - Besra Gold Inc. (the "Company") announces that it has filed amended
and restated management discussion and analysis for its financial year ended 30 June 2018.
The MD&A has a revised statement of the tonnage and grade of mineral resources and mineral reserves, including the
information required under NI 43-101 s. 3.4 (a-d) -- those being effective date, tonnage and grade (with a clear statement that the
mineral resource includes the mineral reserve), general assumptions of the resource and reserve estimates, and material risks.
This is in connection with the review by the Ontario Securities Commission of Besra's continuous disclosure filed in connection
with its application for the revocation of the cease trade orders against the Company's securities imposed by some of the Canadian
securities regulatory authorities.
No amendment and restatement of the Company's audited annual financial statements is required.
… ends …
Besra Gold Inc
John A G Seton
Chief Executive Officer
Besra - www.besra.com
Besra is a gold mining company focused on the exploration and development of the Bau Goldfield in East Malaysia.
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements made and information contained herein is "Forward-looking information" within the meaning of
applicable securities laws, including statements concerning our plans at our producing mines and exploration projects, which
involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements
of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties that
could cause actual events or results to differ from those reflected in the forward-looking information, including, without
limitation, failure to establish estimated resources or to convert resources to mineable reserves; the grade and recovery of ore
which is mined varying from estimates; capital and operating costs varying significantly from estimates; delays in obtaining or
failure to obtain required governmental, environmental, or other project approvals; changes in national and local government
legislation or regulations regarding environmental factors, royalties, taxation or foreign investment; political or economic
instability; terrorism; inflation; changes in currency exchange rates; fluctuations in commodity prices; delays in the development
of projects; shortage of personnel with the requisite knowledge and skills to design and execute exploration and development
programs; difficulties in arranging contracts for drilling and other exploration and development services; dependency on equity
market financings to fund programs and maintain and develop mineral properties; and risks associated with title to resource
properties due to the difficulties of determining the validity of certain claims and other risks and uncertainties, including those
described in each management's discussion and analysis released by the Company. In addition, forward-looking information is based
on various assumptions including, without limitation, the expectations and beliefs of management; the assumed long-term price of
gold; the availability of permits and surface rights; access to financing, equipment and labour and that the political environment
in the jurisdictions within which the Company operates will continue to support the development of environmentally safe mining
projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue
reliance on forward-looking statements, which speak only as of the date they are made. Except as required under applicable
securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a
result of new information, future events or otherwise.
For Further Information
Steve Wilson
Corporate Communications Director
T: +64 9 2222610
M: +64 21675660
E: steve.wilson@besra.com
