Toronto, Canada: 1 August 2014 - Besra (TSX: BEZ) (ASX: BEZ) (Frankfurt: OP6) is pleased to announce the appointment of John Glen as the company's new Chief Financial Officer from 1 August 2014.

In announcing the appointment, Besra CEO John Seton said, "It's a pleasure to welcome John as our new CFO. He has worked with us on several projects over recent years and is a proven and trusted advisor. He was an obvious choice for the role."

An Australian citizen, John Glen's professional career spans almost 30 years in accounting and corporate finance and advisory roles.  He is presently the founder and director of Meridian Corporate Advisory, an independent corporate advisory firm operating out of Sydney, Australia.

The newly appointed Besra CFO said, "After almost a decade of working with Besra, I have an intimate knowledge of the company and its management.  Despite the fact that we've had the toughest year in the company's history, I believe that the management team and their world class assets are setting the company up extremely well for future success and positive medium to long term shareholder returns."

John's extensive experience includes originating, marketing, documenting and executing across a broad range of corporate advisory and investment banking in resources and other sectors.  He has specifically focused in recent years on analysing client needs, providing strategic corporate advice and tailoring financing solutions for start-up, growth, project development and expansion of businesses.  John has advised on project and development finance across many commodities including gold, base metals, bulk materials, diamonds and specialty metals for projects in varied jurisdictions from Australasia and Asia to the Americas and Africa.

Prior to co-founding successful investment banking firm Prime Corporate Finance, John spent 13 years with Bankers Trust Australia Limited rising to become Vice President - Industry and Client Sector Group, where he was responsible for investment banking services in Western Australia.

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