BRIEF-Besra convertible note offering

Jan 6 (Reuters) - Besra Gold Inc BEZ.TO :

* Convertible note offering

* Intends to raise $12 million through issuance of 8% unsecured convertible

redeemable notes on a private placement basis

* Notes are convertible during the first 30 months of the note at a price of

$0.15 per common share

* Says "current low gold price has also meant that production gains have not

translated to significantly improved cash flow"

* Says has experienced lower revenues because of recent issues in Vietnam that

have affected besra's short-term cash flow

* Says expects bong mieu to be back in production within 4 to 6 weeks with a

period of ramping up to full production

* Says co is late in meeting its existing convertible note interest payment

* Source text for Eikon News Search ID:nMKW9qjtca

* Further company coverage BEZ.TO

((Bangalore Newsroom; +1 646 223 8780))