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Besra issues secured promissory notes in the amount of US$300,000

February 21, 2014



ENP Newswire - 21 February 2014

Release date- 20022014 - Toronto, Canada - Besra (TSX:BEZ) (ASX:BEZ) (OTCQX:BSRAF) (Frankfurt:OP6) announces that it has issued three-month secured promissory notes secured in an aggregate amount of US$300,000 to three lenders, one of whom is a director of the company.

The funds are to be used to cover necessary employee and corporate expenses arising over the next month while production ramps up again and Besra pursues its financing initiatives to conclusion, as disclosed previously in the Company's media release dated 6 January 2014.

The issuance was approved by the board of directors with one director having declared his conflict of interest and having abstained from voting.

Funds will be advanced as and when requested by the Company.

The lending group will be issued 3,000,000 warrants to acquire common shares at an exercise price of US$0.05 expiring one year from the date of issuance, subject to all necessary regulatory and shareholder approvals, including the TSX.

The loan is secured with a general security interest over the company's assets. Interest is payable at 12%. The events of default and covenants are customary for a loan of this nature.

Contact:

Besra Gold Inc.

Ste 500, 10 King St E

Toronto ON M5C 1C3

Canada

Tel: +1 416 5722525


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Source: ENP Newswire


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