Besra Discloses Preliminary Results for FY2013; CEO to Provide Investor Update at Euro Pacific Capital Conference

Besra Discloses Preliminary Results for FY2013; CEO to Provide Investor Update 
at Euro Pacific Capital Conference 
TORONTO, ONTARIO -- (Marketwired) -- 09/09/13 -- Besra
(TSX:BEZ)(ASX:BEZ)(OTCQX:BSRAF)(FRANKFURT:OP6) CEO John Seton will be
speaking to institutional and high net worth investors at the annual
Euro Pacific Capital Global Investment Conference in New York on 10
September 2013. The one-day event will feature top executives from 59
international public companies involved in mining, transportation and
resource exploration and production. 
Seton will be presenting the following company highlights and
specific data relating to FY2013 as well as outlining plans for the
coming year. The Company's audited annual financial statements and
MD&A for the fiscal year ended 30 June 2013 have not yet been filed
and figures presented for such period are in draft form and subject
to final auditor and Board approval. The Audit Committee of the
Company's Board of Directors has reviewed the figures. However, the
figures presented may differ from those contained in the audited
annual financial statements of the Company to be filed on or before
September 27, 2013. 


 
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Corporate Information                                                       
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ASX & TSX                                                                BEZ
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OTCQX                                                                  BSRAF
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Common Shares/Fully Diluted(1)                                   379M/522.9M
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Share Price(2)                                                      CAD$0.05
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Market Capitalization                                              CAD$18.9M
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Daily Volume(3)                                                      212,150
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Cash(1)                                                                US$4M
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Debt(1)                                                             US$49.5M
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12 Month EBITDA(4)                                                    US$18M
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(1) At 30 June 2013                                                         
(2) As at 28 June 2013                                                      
(3) 3 month average at June 2013 (TSX)                                      
(4) Before stock based compensation, as at 30 June 2013                     
                                                                            
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                      12 months to                              12 months to
Consolidated          30 June 2014  12 months to   6 months to   31 December
 Production Summary     (estimate)  30 June 2013  30 June 2012          2011
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Gold produced (oz)       65-70,000        60,187        20,362        42,868
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Cash cost(5)                US$685        US$840        US$793        US$727
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All-in sustaining                                                           
 cost(6)                  US$1,150      US$1,326      US$1,300      US$1,187
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Gold sold (oz)                   -        52,195        20,711        29,249
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Achieved gold price              -      US$1,586      US$1,668      US$1,640
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(5) Cash cost (per ounce sold) includes mine site operating costs including 
 mining, processing and refining, inventory adjustments, but is exclusive of
 royalties and environmental fees, amortization and exploration costs.      
(6) All-in sustaining costs include all cash operating costs per ounce sold 
 including a portion of corporate administration, sales based taxes and     
 government fees and levies. It includes an annualized estimate of          
 sustaining capital and exploration expenditure. It excludes corporate      
 income tax, reclamation and remediation costs.                             

 
Despite a difficult year for the gold mining industry and investors,
Seton will outline positive steps taken by the Company to increase
efficiency and reduce costs, plans to monetize the Vietnam assets
through a local IPO, as well as highlight progress on the Bau project
and plans for expansion of existing operations in Vietnam. 
A copy of the presentation can be downloaded from the Besra website. 
Besra Gold Inc. 
John A G Seton, Chief Executive Officer 
Besra - www.besra.com 
Besra is a diversified gold company focused on four advanced
properties; the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc
Son in Central Vietnam, and Capcapo in the Philippines. Besra expects
to expand existing gold production capacity in Vietnam over the next
two years and is projecting new production capacity from Bau Central
during late 2015 (start up and production forecasts will depend on
the result of the current Jugan feasibility, which is scheduled for
completion in 2013). 
Euro Pacific Capital - www.europac.net 
Founded in 1997 and headquartered in Westport, Connecticut, Euro
Pacific Capital, Inc. is a full-service, registered broker/dealer
specializing in foreign markets and securities. Peter Schiff is
widely known for his outspoken views on global economics and the
potential vulnerabilities of the U.S economy and the U.S. dollar. The
firm operates from six regional branches coast to coast and employs
more than 40 investment advisors, a team of research analysts, and
three divisions - Retail Brokerage, Wealth Management and Capital
Markets. 
Technical Information 
The technical information in this press release has been prepared
under the supervision of Mr Rod Murfitt who is a member of the
Australasian Institute of Mining and Metallurgy (AusIMM), a
"Competent Person", as defined in the 2004 Edition of the "
Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserve" and a "Qualified Person" as defined in
National Instrument 43-101 Standards of Disclosure for Mineral
Projects of the Canadian Securities Administrators. Mr Murfitt is a
full-time consultant to the Company and is not "independent" within
the meaning of National Instrument 43-101. Mr Murfitt consents to the
inclusion in this press release of the technical information, in the
form, and context in which it appears. 
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.
Contacts:
Besra Gold Inc.
James W Hamilton, Investor Relations
+1 (416) 572 2525
TF: 1 888 902 5522 (North America) / 800 308 602 (Australia)
+1 (416) 572 4202 (FAX)
ir@besra.com
www.besra.com
 
 
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