TIDMBSE 
 
AIM and Media Release 
 
22 October 2021 
 
BASE RESOURCES LIMITED 
Base Resources management change 
 
African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base 
Resources or the Company) advises that Executive Director - Operations and 
Development, Colin Bwye, has informed the Board that he intends to retire from 
the Company and as a Director at the end of March 2022.  Mr Bwye has been with 
Base Resources for over 11 years, having joined in July 2010, just prior to the 
Company acquiring the Kwale Project in Kenya.  Mr Bwye was instrumental in 
progressing the Kwale Project through development and into successful 
operations and the Toliara Project through the study phases. 
 
Mr Bwye said: "It has been an absolute privilege to be part of an outstanding 
organisation over the past 11 years.  For this, I sincerely thank all "Base 
people".  I am immensely proud of what we have achieved over this time, the 
manner in which we have achieved it and my contribution to leading it.  With 
the supremely capable leadership team we have established, a strong, positive 
organisational culture and a robust business model, Base Resources has an 
exciting future ahead and one that I will enjoy watching unfold." 
 
Chair, Mr Spence said: "Colin's retirement marks an important milestone for 
Base Resources.  In playing the role he has in the development of Kwale and 
progression of Toliara, he has contributed significantly to the establishment 
of a company well placed to continue to succeed beyond his involvement.  On 
behalf of the Board, I would like to sincerely thank him." 
 
Managing Director, Tim Carstens said: "Working with Colin in developing Base 
Resources into the organisation that it is today has been a remarkable 
journey.  I, and the entire Base Resources team, wish him well in retirement as 
we capitalise on the legacy he has helped create." 
 
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 Gareth Tredway 
 
Mobile: +61 (0) 488 093 763                        Tel: +44 (0) 207 920 3150 
 
Email: jfuller@baseresources.com.au 
 
This release has been authorised by the Board of Base Resources. 
 
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 3, 46 Colin Street 
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 
Canaccord Genuity 
Raj Khatri / James Asensio / Patrick Dolaghan 
Phone: +44 20 7523 8000 
 
 
 
 
END 
 
 

(END) Dow Jones Newswires

October 22, 2021 02:00 ET (06:00 GMT)

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