--- title: "Besra Gold Announces CEO & Executive Director Appointment | BESAF Stock News" type: "News" locale: "en" url: "https://longbridge.com/en/news/285970970.md" description: "Besra Gold Inc has appointed Dr. Raymond Shaw as Executive Director and Chief Executive Officer, effective immediately. Dr. Shaw brings over 40 years of experience in the natural resources sector, including significant roles in ASX-listed companies. His appointment aims to strengthen the management structure as the company advances the Bau Gold project. Dr. Shaw's remuneration is set at $270,000 plus statutory superannuation, with potential long-term incentives subject to shareholder approval. The announcement was authorized by Chairman John Blake." datetime: "2026-05-11T08:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285970970.md) - [en](https://longbridge.com/en/news/285970970.md) - [zh-HK](https://longbridge.com/zh-HK/news/285970970.md) --- # Besra Gold Announces CEO & Executive Director Appointment | BESAF Stock News Perth, Western Australia--(Newsfile Corp. - May 11, 2026) - Besra Gold Inc **(ASX: BEZ)** (**Besra** or the **Company**) is pleased to announce the appointment of Dr. Raymond Shaw as Executive Director and Chief Executive Officer, effective immediately. Dr Shaw has over 40 years' experience in the natural resources sector, including over 20 years in executive and non-executive director roles with ASX-listed companies. His experience spans from micro-cap entities to serving as Managing Director of an ASX 300 company. Dr. Shaw has been closely involved with Besra since before its relisting on the ASX in October 2021 and has since held several senior management positions within the Company, most recently as Chief Technical Officer. During this period, he has played a key role in technical oversight, stakeholder engagement and operational activities in Sarawak. Continuing the strategic review commenced in July 2025, this appointment strengthens the Company's management structure and executive leadership. It establishes a more traditional and accountable platform from which the Company can advance professionally, in line with established governance standards, as it advances the Bau Gold project. Originally trained as a geophysicist, Dr. Shaw holds a BSc (Hons I) and PhD from the University of Sydney and is a Member of the Australasian Institute of Mining and Metallurgy. He is also a qualified legal practitioner in New South Wales (non-practising). Dr Shaw is currently a Non-Executive Chairman of Redcastle Resources Limited. Chairman John Blake said: _"Dr Shaw's extensive technical, operational and corporate experience, together with a deep understanding of Besra's assets and strategic direction._ _His long-standing involvement with the Company and experience in Sarawak position him strongly to lead Besra as it advances the Bau project. The Board looks forward to working closely with Dr Shaw to deliver value for shareholders."_ **Summary of Key Terms of Employment** **Position:** Executive Director and Chief Executive Officer **Commencement:** 11th May 2026. **Term:** The appointment will be on an ongoing basis and subject to customary termination notice provisions. **Remuneration:** $270,000 plus statutory superannuation contributions. Dr. Shaw's employment terms remain materially consistent with his existing executive arrangements with the Company. The Company may consider additional long-term incentive arrangements in the future, subject to shareholder approval where required. The material terms of Dr Shaw's employment agreement are summarised above in accordance with ASX Listing Rule 3.16.4. **This announcement has been authorised for release by the Chairman of the Board.** To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296889 ### Related Stocks - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [SA.US](https://longbridge.com/en/quote/SA.US.md) - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [600489.CN](https://longbridge.com/en/quote/600489.CN.md) - [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [GBUG.US](https://longbridge.com/en/quote/GBUG.US.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [DBP.US](https://longbridge.com/en/quote/DBP.US.md) ## Related News & Research - [PRECIOUS-Gold eases as US-Iran tensions cloud interest rate outlook](https://longbridge.com/en/news/287842100.md) - [PRECIOUS-Gold hits two-month low as US-Iran tension stokes inflation fears](https://longbridge.com/en/news/287858583.md) - [LIVE MARKETS-Cautious risk-on: Big funds creep back in](https://longbridge.com/en/news/288094006.md) - [Mapping the Market: Gold approaches potential crossroads](https://longbridge.com/en/news/288047765.md) - [PRECIOUS-Gold on track for third straight monthly loss; traders assess US-Iran ceasefire reports](https://longbridge.com/en/news/288021831.md)