Besra Gold Inc. Appoints Highly Credentialled Chair and Non-Executive Director

Melbourne, Victoria, Australia--(Newsfile Corp. - May 19, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") is pleased to announce the appointment of two new independent Directors, Mr David Potter and Mr Sean Williamson.

These two appointments will add highly relevant industry expertise to the Besra Board, as the Company transitions from explorer to developer and ultimately a gold producer at the Jugan Project.

Effective today, Mr David Potter will join the Board as the Company's independent Non-Executive Chair, whilst Mr Sean Williamson will be appointed as an independent Non-Executive Director. Also, effective as of today and to accommodate the appointment of Mr Potter as the Company's Chair, Mr Jon Morda has stepped aside as Besra's interim Non-Executive Chair (but will remain as a Non-Executive Director). In addition, to facilitate the appointment of Mr Potter, Mr Michael Higginson readily and constructively agreed to resign as a Director of Besra. Mr Higginson will remain as Besra's Chief Corporate Officer and Company Secretary.

Outgoing Chair Jon Morda said:

"I am delighted that Besra has been able to attract independent Board nominees of the calibre, qualifications and expertise of Messrs Potter and Williamson."

"Going forward, I am very confident that under the stewardship of our new Chair, coupled with the expert strategic and legal guidance of Sean, that our new Board is well positioned to meaningfully contribute to and achieve Besra's gold mining aspirations."

David Potter

Mr Potter has expansive resource sector experience, spanning over 30 years, during which he has built and led a diverse range of specialist teams providing technical, financial and strategic support for multiple start-ups, operations, feasibility and due diligence studies.

This wealth of his hands-on operational experience is combined with strong corporate, legal and finance acumen, built from continued education as well as executive experience at Reed Resources, Excelsior Gold and Round Oak Minerals (a 100% owned subsidiary of Washington Soul Pattinson), as well being a director of several private entities.

Mr Potter currently works as a private resource sector consultant advising on technical, finance and strategic matters. He has a Bachelor of Science (geology), a Master of Science (mineral economics) and a diploma in Financial Investment and Analysis. As a member of the Australasian Institute of Mining and Metallurgy, he is able to act as a JORC competent person for a variety of deposit styles.