CAPITAL MARKETS

Besra seeks cash for Malay gold play

ALMOST seven years after it was delisted from exchanges in Canada and Australia, and hit insolvency, Besra Gold is looking to again tap Australian capital markets for up to A$12.5 million to advance development of the 93%-owned Bau gold project in, Malaysia’s Sarawak. 

 Besra wants to attract new investors

Besra wants to attract new investors

The company, which is governed by Canadian law, is seeking at least $10 million via the issue of up to 62.5 million CHESS Depositary Interests priced at 20c, plus a further 70 million CDIs to unsecured...

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