Besra Gold Inc. Announces: Conditions Precedent Satisfied - US$300 Million Drawdown Off-Take Funding Facility
Besra Gold Inc. Announces: Conditions Precedent Satisfied - US$300 Million Drawdown Off-Take Funding Facility
Perth, Western Australia--(Newsfile Corp. - September 20, 2023) - Besra Gold Inc (ASX: BEZ) (ARBN 141 335 686) (Besra or the Company) refers to its ASX announcement dated 9 May 2023 and is very pleased to advise that all Conditions Precedent to the binding US$300 million Gold Purchase Agreement (GPA) with the Company's primary CDI holder Quantum Metal Recovery Limited (Quantum) have now been satisfied.
西澳大利亞州珀斯-(Newsfile Corp.-2023年9月20日)-Besra Gold Inc(澳大利亞證券交易所股票代碼：BEZ)(ARBN 141 335 686)(貝斯拉或公司)指的是其於2023年5月9日發佈的澳交所公告，並很高興地通知您，具有約束力的3億美元黃金購買協定(平均績點)與公司主要CDI持有****tum Metals Recovery Limited(量子)現在已經滿足了。
Under the terms of the GPA, the Company has agreed to sell to Quantum a quantity of refined gold from the Bau Gold Project (or any other gold project owned by the Company or its subsidiaries at any time) until:
根據《政府採購協定》的條款，公司已同意向Quantum出售來自Bau Gold專案(或公司或其子公司在任何時候擁有的任何其他黃金專案)的一定數量的精煉黃金，直至：
ï 3,000,000 ounces of refined gold has been received by Quantum, or
ï aggregate deposits in an amount equivalent to US$300,000,000 (Facility) have been received by the Company from Quantum.
Ï已收到3,000,000盎司精煉黃金，或
Ï存款總額相當於300,000,000美元(設施)已由本公司從Quantum收到。
Pursuant to the Facility, Quantum is to deposit into Besra's drawdown account working capital of up to $US10,000,000 per month. Quantum has confirmed that US$10,000,000 is being deposited into Besra's drawdown account, with the funds to be received no later than the first week of October 2023.
根據該安排，Quantum將每月向Besra的提款賬戶存入高達10,000,000美元的營運資金。Quantum已證實，1,000萬美元將存入Besra的提款賬戶，資金將不遲於2023年10月的第一週收到。
As per the Facility agreement, Besra is entitled to deploy the proceeds of the Facility for various uses, including exploration, feasibility studies, mine development purposes and working capital. Updating the 2012 Bau Feasibility Study is one of Besra's primary objectives.
根據融資機制協定，Besra有權將融資機制的收益用於各種用途，包括勘探、可行性研究、礦山開發目的和營運資本。更新2012年Bau可行性研究是BESRA的主要目標之一。
The Company reminds CDI holders that the Facility is not debt, is interest-free and is expected to remove the need for dilutive equity financing and project/corporate debt that would encumber Besra with hedging requirements and/or onerous covenants.
本公司提醒CDI持有人，該貸款不是債務，是免息的，預計將消除稀釋股權融資和項目/公司債務的需要，這些債務將阻礙Besra滿足對沖要求和/或繁重的契諾。
This announcement was authorised for release by Mr. John Seton, Executive Director of Besra Gold Inc.
這一聲明是由貝斯拉黃金公司執行董事的約翰·塞頓先生授權發佈的。
Michael Higginson
Corporate Secretary
Besra Gold Inc.
N. America
James Hamilton
Investor Relations Services
M: +1-416-471-4494
E: jim@besra.com
邁克爾·希金森
公司祕書
貝斯拉黃金公司
北美洲
詹姆斯·漢密爾頓
投資者關係服務
電話：+1-416-471-4494
電子郵件：jim@bera.com
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