Besra Gold Receives Legal Proceedings Claim in Ontario Superior Court; Shares Fall 10%

MT Newswires Live

Sep 27, 2024

Besra Gold (ASX:BEZ) received a statement of claim for legal proceedings in the Superior Court of Justice of Ontario, Canada, regarding the company's dealings with Quantum Metal Recovery, according to a Friday filing with the Australian bourse.

The claim states that Besra and other defendants were allegedly oppressive to the plaintiffs and that its board of directors purportedly breached their fiduciary duties. Besra said several statements in the claim are "inaccurate and without basis," the filing stated.

Besra Gold is seeking legal advice and counterclaims or other legal remedies, according to the filing.

Shares in the company fell 10% in Friday trade.

Price (AUD): $0.08, Change: $-0.0090, Percent Change: -9.68%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2470748471"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2470748471\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2470748471?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 10:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470748471","market":"us","top_or_hot":-1,"title":"Besra Gold Receives Legal Proceedings Claim in Ontario Superior Court; Shares Fall 10%","media":"MT Newswires Live","content":"<html><body><p> Besra Gold (ASX:BEZ) received a statement of claim for legal proceedings in the Superior Court of Justice of Ontario, Canada, regarding the company's dealings with Quantum Metal Recovery, according to a Friday filing with the Australian bourse.</p><p>The claim states that Besra and other defendants were allegedly oppressive to the plaintiffs and that its board of directors purportedly breached their fiduciary duties. Besra said several statements in the claim are \"inaccurate and without basis,\" the filing stated.</p><p>Besra Gold is seeking legal advice and counterclaims or other legal remedies, according to the filing.</p><p>Shares in the company fell 10% in Friday trade.</p><p>Price (AUD): $0.08, Change: $-0.0090, Percent Change: -9.68%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Besra Gold Receives Legal Proceedings Claim in Ontario Superior Court; Shares Fall 10%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBesra Gold Receives Legal Proceedings Claim in Ontario Superior Court; Shares Fall 10%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-09-27 10:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Besra Gold (ASX:BEZ) received a statement of claim for legal proceedings in the Superior Court of Justice of Ontario, Canada, regarding the company's dealings with Quantum Metal Recovery, according to a Friday filing with the Australian bourse.</p><p>The claim states that Besra and other defendants were allegedly oppressive to the plaintiffs and that its board of directors purportedly breached their fiduciary duties. Besra said several statements in the claim are \"inaccurate and without basis,\" the filing stated.</p><p>Besra Gold is seeking legal advice and counterclaims or other legal remedies, according to the filing.</p><p>Shares in the company fell 10% in Friday trade.</p><p>Price (AUD): $0.08, Change: $-0.0090, Percent Change: -9.68%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470748471","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470748471","pubTimestamp":1727405246,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Besra Gold  received a statement of claim for legal proceedings in the Superior Court of Justice of Ontario, Canada, regarding the company's dealings with Quantum Metal Recovery, according to a Friday filing with the Australian bourse.The claim states that Besra and other defendants were allegedly oppressive to the plaintiffs and that its board of directors purportedly breached their fiduciary duties. Besra said several statements in the claim are \"inaccurate and without basis,\" the filing stated.Besra Gold is seeking legal advice and counterclaims or other legal remedies, according to the filing.Shares in the company fell 10% in Friday trade.Price : $0.08, Change: $-0.0090, Percent Change: -9.68%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4125":"广播","BK7104":"黄金","BEZ.AU":"BESRA GOLD INC-CDI"},"translate_title":"Besra Gold在安大略省高等法院收到法律诉讼索赔；股价下跌10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BEZ.AU":0.9,"AUD":1},"content_text":"Besra Gold (ASX:BEZ) received a statement of claim for legal proceedings in the Superior Court of Justice of Ontario, Canada, regarding the company's dealings with Quantum Metal Recovery, according to a Friday filing with the Australian bourse.The claim states that Besra and other defendants were allegedly oppressive to the plaintiffs and that its board of directors purportedly breached their fiduciary duties. Besra said several statements in the claim are \"inaccurate and without basis,\" the filing stated.Besra Gold is seeking legal advice and counterclaims or other legal remedies, according to the filing.Shares in the company fell 10% in Friday trade.Price (AUD): $0.08, Change: $-0.0090, Percent Change: -9.68%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}