BESRA hopes that its long awaited refinancing and restructuring will be approved by the OntarioSecuritiesCommission in Canada enabling it to refocus efforts on the large Bau Goldfield exploration project ...
The OntarioSecuritiesCommission (OSC) has issued an Order partially revoking the Cease Trade Order (CTO) of 29 December 2014 which was imposed on Besra Gold. This has cleared a path for Besra to move ...
Besra has made application to the OntarioSecuritiesCommission in Canada to partially revoke the Cease Trade Order (CTO) of December 29, 2014 and amended on March 4, 2015, to enable the company to complete ...
Besra Gold has obtained court approval in Toronto, Canada, of its restructuring proposal and is now seeking a variation of the cease trade order issued by the OntarioSecuritiesCommission in December ...
The amended proposal submitted by Besra Gold in the Ontario Superior Court of Justice has been approved by a majority of unsecured creditors holding in excess of two-thirds of value of proven unsecured ...
... if accepted by the requisite majority of creditors and approved by the Ontario Superior Court of Justice, will provide potential new investors with certainty of Besra’s financial position. Upon the issuance ...
... support for him remains.
“Management is also perversely restricted in that the OntarioSecuritiesCommission, by way of the cease trade order, specifically prevents us from pursuing or discussing any ...
... our local workforce and revive production in Vietnam.”
Meantime, Besra has been advised by the OntarioSecuritiesCommission (OSC) that the company’s application for a variation in the terms of the ...
... terms of the cease trade order (CTO) issued by the OntarioSecuritiesCommission (OSC). The OSC has requested and been provided by the company with clarification and further information of several points ...
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Meanwhile, the OntarioSecuritiesCommission has issued a cease trade order (CTO) for Besra securities, and it is not expected that this will be lifted until after the company remedies its continuou ...
... Australian Securities Exchange also suspended trading on October 10 as a result of the company not being up to date via the Ontario Securities Commission and on October 27 the OTC in the US will move Besra ...
... the OntarioSecuritiesCommission with its concerns about the validity and legality of the announcement and alleged proposal.” www.alliednevada.com ...
... of the requirement to make the filings and as a result, the OntarioSecuritiesCommission on May 9, 2011 issued a temporary Cease Trade Order (CTO) ordering that all trading in securities of the company ...