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Besra Gold received a second notice under Canada's corporate law, demanding a special meeting over board changes tied to a metal purchase deal, but disputes the notice's validity.
Besra Gold Inc. announced on March 3, 2026, that it received a second purported notice under Section 143 of the Canada Business Corporations Act from Mr. Ron Mehmet, dated February 2, 2026, following a prior notice from January 15, 2026.
The notices relate to the Gold Purchase Agreement with Quantum Metal Recovery Inc. and include proposed resolutions on board changes.
The company has not confirmed the notices' validity and is seeking legal advice.
If valid, Besra Gold would need to hold a special general meeting, potentially incurring significant costs.
The company has authorized the announcement.
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Besra Gold recibió una segunda notificación bajo la ley corporativa de Canadá, exigiendo una reunión especial sobre cambios en la junta vinculados a un acuerdo de compra de metales, pero cuestiona la validez de la notificación.