AIM and Media
Release
26
August 2024
Base Resources Limited
Special Dividend
determined
African mineral sands
producer, Base Resources Limited (ASX & AIM:
BSE) (Base Resources or the
Company) advises that
the Base Resources Board has determined to pay a special dividend
of AUD 6.5 cents per share (unfranked) (Special
Dividend), conditional on the scheme of arrangement to
effect the Company’s combination with Energy Fuels Inc. becoming
effective
(Scheme).
Key
dates
If the Scheme becomes
effective, the key dates for the Special Dividend will be as
follows:
Event |
Date |
Ex-date |
Tuesday, 17 September
2024 |
Special Dividend record
date Date of exchange rates used for Foreign Designated
Currencies (defined
below)Last date for Foreign Designated Currency elections
(only applicable for
shareholders) |
For shareholders: 5.00 pm (Perth time) on Wednesday, 18
September 2024For depositary interest holders:
6.00 pm (London time) on Wednesday, 18
September 2024 |
Latest date of announcement of exchange rate and
dividend amount in Foreign Designated
Currencies |
Friday, 20 September
2024 |
Special Dividend payment
date |
Tuesday, 1 October
2024 |
Payment by direct credit
only
The Special Dividend will
be paid by direct credit only. See below for details about
how shareholders and depositary interest holders may provide or
update their banking details.
Conduit foreign
income
The Special Dividend will
be wholly paid from conduit foreign income. Non-Australian
resident shareholders and depositary interest holders will
therefore not be subject to any Australian dividend withholding tax
on the Special Dividend.
Shareholder and depositary interest holder
banking and tax
information
Special Dividend payments
will be made, and any required withholdings by Base Resources in
respect of taxes will be determined, based on applicable
information provided by each shareholder and depositary interest
holder to (as applicable) the Company’s share registry or the
depositary interest trustee.
Shareholders
Shareholders may provide or update their banking
details by completing a Direct Credit Form and returning that form
to Computershare Australia. Direct Credit Forms can be
obtained by contacting Computershare
Australia:
-
on 1300 271 804 (within Australia) or +61 3 9938 4380 (outside of
Australia), Monday to Friday
8.30 am to 5.00 pm (Melbourne time);
or
-
by email at
web.queries@computershare.com.au.
Direct Credit Forms should be returned to
Computershare
Australia:
-
by post: Computershare Investor Services Pty
Limited, GPO
Box 2975
Melbourne, Victoria
3001 Australia
-
by email:
web.queries@computershare.com.au
Depositary interest
holders
Depositary interest holders may provide or update
their banking details by completing a Dividend Mandate Form and
returning that form to the depositary interest trustee,
Computershare UK. Dividend Mandate Forms can be obtained by
contacting Computershare UK:
-
by phone on +44 (0)906 999 0000 between 8.30 am and 5.30 pm (London time) Monday to Friday (excluding
public holidays); or
-
by email at
WebCorres@computershare.co.uk.
Dividend
Mandate Forms should be returned to Computershare UK by post
to: Computershare
Investor Services
PLC, The
Pavilions, Bridgwater Road
,Bristol,
BS99
6ZZ, United
Kingdom.
Depositary
interest holders may also provide their banking details through the
CREST system by inputting a valid CREST
mandate.
Payment currency and
method
The Special Dividend has
been determined in Australian dollars, but will also be paid to
shareholders in US dollars and British pounds sterling
(Foreign Designated Currencies).
Shareholders will be paid in Australian dollars, unless they elect
to be paid by direct credit in a Foreign Designated Currency by
specifying banking details for a financial institution in the
relevant currency prior to 5.00 pm
(Perth time) on Wednesday, 18
September 2024. The Special Dividend will only be paid to
depositary interest holders in British pounds
sterling.
The Special
Dividend will be converted to the Foreign Designated Currencies
based on applicable exchange rates on the Special Dividend record
date (Wednesday, 18 September 2024). The exchange rates and
corresponding amounts will be announced by no later than Friday,
20 September
2024.
Scheme information
line
If
shareholders or depositary interest holders have any questions in
relation to the Scheme, they should contact the Base Resources
Scheme information line on 1300 271 804 (within Australia) and +61 3 9938 4380 (outside
Australia) between 8.30am and 5.00pm (Melbourne time), Monday to Friday, excluding
public
holidays.
ENDS.
For further information
contact:
Australian Media
Relations |
UK Media
Relations |
Sodali &
Co |
Tavistock
Communications |
Cameron Gilenko and
Michael Weir |
Jos Simson and Gareth
Tredway |
Tel: +61 8 6160
4900 |
Tel: +44 207 920
3150 |
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 ADVISER & JOINT
BROKER
Canaccord Genuity Limited
James Asensio / Raj Khatri /
George Grainger
Phone: +44 20 7523 8000
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800