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Accomplished Biotech Executive Frederick Beddingfield III, M.D., Ph.D. Joins Neurodon's Board of Directors

Accomplished Biotech Executive Frederick Beddingfield III, M.D., Ph.D. Joins Neurodon's Board of Directors

Yahooa day ago

CROWN POINT, Ind., June 11, 2025 (GLOBE NEWSWIRE) -- Neurodon Corp., a leader in the development of endoplasmic reticulum (ER) stress-targeted therapeutics for diabetes and neurodegeneration, welcomes Frederick Beddingfield, III, M.D., Ph.D., a 22-year veteran of the biopharma industry, to its Board of Directors. Dr. Beddingfield is currently CEO and Board Director of Rubedo Life Sciences and has led the development and approvals of global leading brands in medical dermatology, aesthetics, neurology, metabolic, obesity, and other therapeutic areas. Previously, he was an Executive Partner at Apollo Health Ventures and CEO of Kira Pharmaceuticals. In 2016 he founded Sienna Biopharmaceuticals, Inc., served as President, CEO, and member of the Board, and took the company public 18 months after founding. He also served as Chief Medical Officer of Kythera Biopharmaceuticals which was acquired by Allergan for $2.1B. Dr. Beddingfield worked at Allergan for 10 years in various roles, including Therapeutic Area Head of Dermatology and Chief Medical Officer of Allergan Medical. He completed his M.D. with honors at UNC Chapel Hill, residency and fellowship training at UCLA, and a Ph.D. in Policy Analysis Research at RAND.
Dr. Beddingfield is expected to contribute to Neurodon's Board in several key areas as the company transitions its pipeline to clinical development. His extensive experience developing successful products and leading companies are well-suited to facilitate the company's growth.
Dr. Beddingfield stated, 'Neurodon is one of the most exciting biotech companies I have seen, and their ER-stress small molecule pipeline has great potential in metabolic diseases, sarcopenia, and neurodegeneration. I look forward to working closely with them to move the company forward and progress the pipeline.'
'Frederick's extensive experience in biotech leadership, fundraising, and commercialization will prove to be an invaluable resource as we progress our small molecules towards clinical trials. We are very excited to work with him and welcome his contributions to the Board at this critical period of our company's growth,' commented Russell Dahl, Ph.D., Neurodon's President and CEO.
About Neurodon
Neurodon is a preclinical company developing a first-in-class diabetes drug, NRDN-101, which is a disease-modifying, oral small molecule that is an allosteric activator of sarco/endoplasmic reticulum Ca2+-ATPase (SERCA). SERCA dysfunction is a validated pathological driver of both Type 1 and Type 2 diabetes, and NRDN-101 reverses diabetes pathology with no observed adverse effects. Neurodon is also developing their proprietary compounds for neurodegenerative and rare diseases. For more information, visit www.neurodon.net.
Contactinfo@neurodon.net

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Besra Gold Inc. issues the following statement: Quantum has demonstrated a pattern of flagrant disregard of corporate and securities laws Quantum and its nominees have not articulated any plan for advancing Besra'sobjectives or furthering shareholder interests Quantum's attempts to remove independent directors risk irrevocable destruction ofshareholder value Besra's independent directors are evaluating all legal avenues to address Quantum'smisrepresentations and misconduct Melbourne, Victoria--(Newsfile Corp. - June 12, 2025) - Besra Gold Inc. (ASX: BEZ) ("Besra" or the "Company") is compelled to respond to a news release issued on 6 June 2025 by Quantum Metal Recovery Inc ("Quantum"), a company founded and controlled by Dato' Lim Khong Soon ("Mr Lim"), one of Besra's current directors. 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On 24 March 2024, the Securities Commission of Malaysia (the "SCM") directed Mr Lim and Quantum Metal Exchange Inc ("QMEI"), the parent company of Quantum, to immediately cease and desist the offering of securities of QMEI to the Malaysian public, following the determination by the SCM that QMEI was offering its securities to the public in contravention of Malaysian securities laws. QMEI was consequently placed on the SCM's Investor Alert List. Mr Lim is the founder and Chairman of QMEI. Besra's legal counsel was required to engage extensively with Quantum's counsel in order to obtain information required in respect of the Quantum Nominees under the Company's advance notice by-law. The advance notice by-law is similar to by-laws adopted by many other Canadian public companies and is intended to ensure that shareholders have relevant information about persons proposed for election as directors of Besra. 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Given the secretive nature of the offer and Quantum's refusal to provide further information, Besra has been unable to confirm with certainty whether the offer has been or will be conducted in accordance with applicable law; however, the offer serves as a public example of Quantum's apparent unwillingness to act with transparency and follow the usual processes applicable to public companies and their securities. Besra's counsel has put Quantum on notice that if Quantum does not comply with its insider reporting obligations and disclose the extent of its interest in Besra in accordance with applicable law, objections may be raised to the extent it is unclear how many votes Quantum is entitled to cast at the Meeting. Objections may also be raised in connection with Quantum's illegal solicitation of proxies. Quantum's Nominees Quantum and the Quantum Nominees have not articulated any plans for achieving Besra's objectives or advancing the interests of the Company's shareholders. As Quantum has disclosed only limited information regarding the Quantum Nominees, the Board considers it necessary to disclose the following information: William John Blake: Based on information provided by Quantum, Mr Blake has been retired since 30 March 2017, when the shareholders of Rapier Gold Inc ("Rapier") (then listed on the TSX Venture Exchange) voted not to re-elect him to Rapier's board of directors. He served on Rapier's board for less than one year. Prior to Rapier, Mr Blake's most recent role was serving as President and CEO of Luna Gold, before retiring on 20 March 2014. Neither Quantum nor Mr Blake have given any indication as to why Mr Blake is seeking a director role more than ten years after retiring from the mining industry (excluding his brief tenure on Rapier's board more than eight years ago). Matthew Greentree: Quantum has disclosed that Mr Greentree has been self-employed since 2024. On 11 November 2024, Ausgold Limited (ASX: AUC) ("Ausgold") announced that Mr Greentree resigned from his position as Managing Director and CEO of Ausgold "to pursue other opportunities". Quantum has refused to provide any further information regarding in what capacity Mr Greentree has been self-employed since his resignation from Ausgold. Prior to Quantum nominating Mr Greentree under Besra's advance notice by-law, Mr Lim introduced Mr Greentree to the Board, and after meeting with Mr Greentree and consulting with industry sources, the Board determined that, although Mr Greentree is a qualified geologist, his qualifications and experience are not aligned with Besra's project development objectives. David Izzard: Mr Izzard is an accountant. Quantum has disclosed that Mr Izzard has held three non-executive board positions with ASX-listed mining and exploration companies, all of which he resigned from between November 2024 and February 2025. In addition to the appointments disclosed by Quantum, Mr Izzard was appointed as a non-executive director of Paterson Resources Ltd (ASX: PSL) in 2019, a position he held for 5 months before resigning. Based on the information provided by Quantum, Mr Izzard does not currently hold any position in the mining sector but is presently serving as a non-executive director of a health technology company, Ticking Heart, and as chair of an ESG and sustainability consulting company, Parvate ESG. Shareholders are reminded that the only way to stop Quantum from replacing the Independent Directors with Quantum's hand-selected director nominees is through strong shareholder turnout and resolve at the Meeting. Vote to Protect Your Investment in Besra On 20 May 2025, Mr Lee, Quantum's previously appointed Board nominee, resigned from the Board following Quantum seeking to have him removed as a director of the Company. Accordingly, once Mr Lim is removed from the Board, Quantum's influence on the governance and direction of Besra will cease. The Independent Directors have articulated and are poised to execute their plan for creating shareholder value. Your vote is important regardless of the number of securities you own. The Independent Directors urge you to submit your proxy form or CDI voting instruction form today and vote as recommended by the Board: vote FOR removing Dato' Lim Khong Soon as a director of the Company; vote FOR fixing the number of directors of the Company at three; vote AGAINST removing David Potter, Jon Morda and Sean Williamson from the Board; vote AGAINST electing the Quantum Nominees as directors of the Company; and vote FOR confirming and ratifying the Company's advance notice by-law. Completed CDI voting instruction forms must be returned no later than 11:30 a.m. (Sydney, Australia time) on 18 June 2025. The Meeting of Besra's shareholders will be held at the offices of Hall Chadwick located at Level 40, 2 Park Street, Sydney, New South Wales, Australia 2000 on Tuesday, 24 June 2025 at 11:30 a.m. (Sydney, Australia time) (corresponding to Monday, 23 June 2025 at 9:30 p.m. (Toronto, Canada time)). For more information, shareholders are encouraged to access the Company's management information circular, which is available on Besra's profile at If you have any questions or require more information with regard to voting your proxy, please contact Georgeson, toll free in Australia at 1300 116 265 or at +61 3 9415 4319 outside of Australia, or by e-mail at This announcement was authorised for release by Mr David Potter - Non-Executive ChairMichael Higginson,Chief Corporate Officer and Company Secretary Forward-Looking Statements: This news release contains "forward-looking information" or "forward-looking statements" within the meaning of applicable securities laws (collectively, "forward-looking statements"). In some cases, forward-looking statements are identifiable by the terminology used, such as "may," "expect," "believe," "plan," "anticipate," "intend," "could," "estimate," "continue," or similar expressions or the negative of such expressions. In addition, any statements that refer to expectations, intentions, projections or other characterisations of future events or circumstances are considered forward-looking statements. Forward-looking statements in this news release include, among other things, references, expressed or implied, to the date of the Meeting, the matters to be considered by shareholders at the Meeting, the renewal of Besra's mining tenements, and objections that may be raised in connection with illegal proxy solicitations and voting of securities at the Meeting. Forward-looking statements are subject to known and unknown risks and uncertainties and other factors, some of which are beyond the control of Besra, which could cause actual events, results, expectations, achievements or performance to differ materially. These risks and uncertainties include, but are not limited to, the possibility that the Meeting will be postponed or adjourned and other risks and uncertainties. The foregoing list of risks and uncertainties is not exhaustive. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking statements, which speak only as of the date made. The forward-looking statements contained in this news release represent the Company's expectations as of the date of this news release (or as of the date they are otherwise stated to be made) and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable laws. All of the forward-looking statements contained in this news release are expressly qualified by the foregoing cautionary statements. To view the source version of this press release, please visit Sign in to access your portfolio

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