Base Resources Limited Notice of change of Significant Shareholder

 
TIDMBSE 
 
AIM and Media Release 
 
9 June 2020 
 
BASE RESOURCES LIMITED 
Notice of change of Significant Shareholder 
 
Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises 
that it has today received notification from Bank of America Corporation and 
its related bodies corporate (Bank of America) that, on 5 June 2020, Bank of 
America had reduced their voting power in Base Resources by 21,000,000 ordinary 
shares. 
 
Base Resources understands that, as at 5 June 2020, Bank of America had a 
relevant interest in 52,909,534 ordinary shares, representing 4.52% of the 
total Base Resources ordinary shares on issue and constituting a significant 
shareholding for the purposes of the AIM Rules for Companies on that date. 
 
The decrease in Bank of America's relevant interest was the result of the 
disposal of 21,000,000 ordinary shares on 5 June 2020 for an average price of 
A$0.18 per share. 
 
ENDS. 
 
For further information contact: 
 
James Fuller, Manager Communications and Investor  UK Media Relations 
Relations 
 
Base Resources                                     Tavistock Communications 
 
Tel: +61 (8) 9413 7426                             Jos Simson and Barnaby Hayward 
 
Mobile: +61 (0) 488 093 763                        Tel: +44 (0) 207 920 3150 
 
Email: jfuller@baseresources.com.au 
 
About Base Resources 
 
Base Resources is an Australian based, African focused, mineral sands producer 
and developer with a track record of project delivery and operational 
performance.  The Company operates the established Kwale Operations in Kenya 
and is developing the Toliara Project in Madagascar.  Base Resources is an ASX 
and AIM listed company.  Further details about Base Resources are available at 
www.baseresources.com.au 
 
PRINCIPAL & REGISTERED OFFICE 
Level 1, 50 Kings Park Road 
West Perth, Western Australia, 6005 
Email:  info@baseresources.com.au 
Phone: +61 (0)8 9413 7400 
Fax: +61 (0)8 9322 8912 
 
NOMINATED ADVISOR 
RFC Ambrian Limited 
Stephen Allen 
Phone: +61 (0)8 9480 2500 
 
JOINT BROKER 
Berenberg 
Matthew Armitt / Detlir Elezi 
Phone: +44 20 3207 7800 
 
JOINT BROKER 
Numis Securities Limited 
John Prior / James Black / Paul Gillam 
Phone: +44 20 7260 1000 
 
 
 
END

(END) Dow Jones Newswires

June 09, 2020 06:10 ET (10:10 GMT)

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