Besra Gold Inc: Unauthorised Communications from Quantum Metals
Melbourne, Victoria, Australia – (February 24, 2025) – Besra Gold Inc (ASX: BEZ) (Besra or the Company) has issued a statement in response to certain unauthorised communications made by Quantum Metal Sdn Bhd (Quantum Metals), a company associated with Dato Lim Khong Soon, a director of the Company. The unauthorised communications contain a number of statements in relation to Besra and its business that are factually incorrect and potentially misleading.
Incorrect Statements by Quantum Metals
The unauthorised communications include allegations that Besra has breached certain regulatory requirements and that the Company’s operations are not in compliance with Australian mining regulations. These statements are not based on fact and are misleading to investors and the wider public.
Besra’s Response
Besra has denied these allegations and stated that it is fully compliant with all relevant mining regulations in Australia. The Company has a strong commitment to operating in a responsible and sustainable manner and takes any allegations of non-compliance seriously. Besra has engaged legal counsel to take appropriate action in response to the unauthorised communications.
Impact on Besra
The unauthorised communications from Quantum Metals could potentially harm Besra’s reputation and investor confidence. However, the Company has moved quickly to address the situation and has made it clear that the statements made by Quantum Metals are not based on fact. Besra remains focused on its business operations and is confident in its ability to deliver value to its shareholders.
Impact on the World
The impact of the unauthorised communications on the wider world may depend on the level of attention they receive in the media and the investment community. If the allegations are widely publicised and believed to be true, it could potentially negatively impact investor confidence in the Australian mining industry as a whole. However, if the truth about Besra’s compliance with mining regulations is made clear, the impact on the industry should be minimal.
Conclusion
Besra Gold Inc has issued a statement in response to unauthorised communications from Quantum Metal Sdn Bhd that contained factually incorrect and potentially misleading statements about the Company and its business. Besra has denied these allegations and has taken legal action. The impact on the Company and the wider world remains to be seen, but Besra remains committed to operating in a responsible and sustainable manner and delivering value to its shareholders.
- Besra Gold Inc denies allegations made by Quantum Metals
- Statements by Quantum Metals are factually incorrect and potentially misleading
- Besra has engaged legal counsel to take appropriate action
- Impact on Besra’s reputation and investor confidence
- Impact on the wider world depends on media attention
- Besra remains committed to operating in a responsible and sustainable manner
