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Besra Gold Inc (ASX:BEZ)

ALERT: Price-sensitive ASX Announcement for BEZ
Current share price for BEZ : $0.069 -0.001 (-1.43%)+
Announcement
Release
31 Jul 2026 5:50PM
Price at Release
$0.070
Full Release
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Summary
Besra Gold Inc released its Quarterly Activities and Cash Flow Report for the quarter ending 30 June 2026. The report details the financial and operational activities of the company. Net cash used in operating activities was $898,000, primarily due to staff costs and administrative expenses. The company did not generate cash from investing activities, with exploration and evaluation costs totaling $238,000. There were no financing activities during the quarter. Cash equivalents at the end of the period amounted to $9,221,000. Payments to related parties totaled $172,000, representing fees paid to directors. No mining production or development activities have commenced yet. Besra holds interests in several concessions in the Bau Goldfield Corridor, with all key mining lease renewals pending. Environmental management and monitoring continued in compliance with established conditions. The company is focusing on securing mining lease renewals and concession management for future operations.
Key Points
  • Net cash used in operating activities totaled $898,000.
  • Cash and cash equivalents at the end of the quarter were $9,221,000.
  • Payments to directors amounted to $172,000.
  • Exploration and evaluation costs were $238,000.
  • No mining production or development has commenced.
  • Concession interests are held in the Bau Goldfield Corridor.
  • Environmental management is ongoing per regulatory standards.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.