Besra Gold Inc strengthened its balance sheet by delivering the final 3,400oz of gold to settle a $4 million gold loan note. "The gold loan was an innovative financing for some of the capital costs for development of our Phuoc Son property in Vietnam whilst avoiding a potentially large equity dilution. With paying off the outstanding gold loan, we have simplified our debt, and strengthened our balance sheet going forward," chief executive John Seton said.
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