Besra Gold Inc. announced the appointment Dato' Lim Khong Soon as Executive Chair and Mr. Chang Loong Lee as a Non-Executive Director of the Company, effective immediately. A Malaysian citizen, Dato' Lim is the founder and chairman of Quantum. He has an extensive background spanning more than 20 years in the precious metals industry, particularly its downstream uses in precision moulding, electronic components, scrap refining, jewellery, and gold-plating industries.

Dato' Lim has also played a pivotal role in co-developing a gold recovery system from electronic waste with Inochem in South Africa. This expertise has enabled him to form long standing dealings with Australian bullion bankers. With a background in capital markets, fintech, corporate advisory and blockchain-enabled businesses, Mr. Lee has over 10 years of experience in the Australian business and financial landscape, assisting several international businesses to establish their Australian foundations.

Previously, Mr. Lee co-founded and served as the Chief Executive Officer at STAX, a platform that facilitated Australia's first IPO to take USDT cryptocurrency as investment subscription funds. Notably, STAX allowed both retail and wholesale investors to participate in capital raises, which uniquely accepted both fiat currency and cryptocurrency investments. To make way for the appointment of Dato Lim and Mr. Lee, Mr. Paul Ingram has agreed to step aside as a director, effective immediately.

The Board of Besra sincerely thanks Mr. Ingram for his contribution to the Company during his tenure as a Director, including his technical insights, which have been instrumental in moulding the resource delineation strategy of the Company. Re-structured Board: Following these changes, the Board of Besra comprises: Dato Lim - Executive Chair Mr. John Seton - Executive Director; Mr. Chang Lee - Non-Executive Director; Mr. Jon Morda - Non-Executive Director.