2nd Apr 2013 07:00
BASE RESOURCES LIMITED - Exercise of OptionsBASE RESOURCES LIMITED - Exercise of Options
PR Newswire
London, April 2
Base Resources Limited (ASX:BSE AIM:BSE)(the "Company") announces that it hastoday issued 1,400,000 fully paid ordinary shares in the capital of the Companyas a result of the exercise of options to acquire fully paid ordinary shares inthe capital of the Company at an exercise price of A$0.09.
The options were exercised by Mr Colin Bwye, a director of the Company.Following the above option exercise and share issue, Mr Bwye holds an interestin the following securities of the Company:
Number Class
2,243,895 Fully Paid Ordinary Shares (1,400,000 are held directly, 362,414 are
held indirectly through Mr Bwye's spouse Annette Bwye and 481,481 are held
indirectly through Bwye Superannuation Fund of which Mr Bwye is a trustee and
beneficiary)
3,600,000 Unlisted Options (9c, 9 July 2015) (held directly)
5,000,000 Unlisted Options (25c, 9 July 2015) (held directly)
Following the above option exercise and share issue, the Company has thefollowing securities on issue:
Number Class
561,840,029 Fully paid ordinary shares
8,500,000 Unlisted options exercisable at A$0.25 on or before 9 July 2015 7,100,000 Unlisted options exercisable at A$0.09 on or before 9 July 2015 1,000,000 Unlisted options exercisable at A$0.25 on or before 30 July 2015The Company has applied for the new shares to be admitted to trading on boththe ASX and AIM markets. Trading in the new shares on AIM is expected tocommence on or around 5 April 2013.
A full PDF version of the announcement is available at the Company's website:www.baseresources.com.au.
ENDS
For further enquiries contact:
Contacts: Base Resources LimitedTim CarstensManaging DirectorEmail: [email protected]: +61 (8) 9413 7400RFC Ambrian Limited (Nominated Adviser and Broker)
As Nominated Adviser As BrokerAndrew Thomson or Trinity McIntyre Caspar Shand-KyddPhone: +61 (8) 9480 2500
Phone: +44 20 3440 6800 Tavistock Communications (UK Media Relations)Jos Simson/ Jessica Fontaine / Emily FentonPhone: +44 20 7920 3157 Cannings Purple (Australian Media Relations)Annette Ellis / Warrick HazeldineEmail: [email protected]@canningspurple.com.auPhone: +61 (8) 6314 6300 Corporate Details: Board of Directors:Andrew King Non-Executive ChairmanTim Carstens Managing DirectorColin Bwye Executive DirectorSam Willis Non-Executive DirectorMichael Anderson Non-Executive DirectorTrevor Schultz Non-Executive DirectorWinton Willesee Non-Executive Director/ Company SecretaryPrincipal & Registered Office: Contacts:
Level 1 Email: [email protected] Kings Park Road Phone: (08) 9413 7400West Perth WA 6005 Fax: (08) 9322 8912Related Shares:
Base Resources