AIM and Media Release
29 December 2022
BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received notification from
Regal Funds Management Pty Limited and its associate, Regal
Partners Limited (together, Regal), that, as at 23 December 2022, Regal had decreased its voting
power in Base Resources by 16,136,394 ordinary shares.
Base Resources understands that, as at that date, Regal had an
interest in 54,026,320 ordinary shares, representing 4.59% of the
total Base Resources ordinary shares on issue and constituting a
significant shareholding for the purposes of the AIM Rules for
Companies.
The decrease in Regal’s holding for the purposes of the AIM
Rules for Companies was the result of the disposal of ordinary
shares during the period from 13 December
2022 to 23 December 2022. During this period, Regal
disposed of 16,136,394 shares for an average price of A$0.225 per share. No shares were acquired
during this period.
A copy of the notice referred to in this release is available
from the company’s website: www.baseresources.com.au.
ENDS.
For further information contact:
James Fuller, Manager Communications
and Investor Relations |
UK Media Relations |
Base Resources |
Tavistock Communications |
Tel: +61 8 9413 7426 |
Jos Simson and Gareth Tredway |
Mobile: +61 488 093 763 |
Tel: +44 207 920 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 3, 46 Colin Street
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 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