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Notice of change of Substantial Shareholder

6th Aug 2020 11:26

BASE RESOURCES LIMITED - Notice of change of Substantial Shareholder

BASE RESOURCES LIMITED - Notice of change of Substantial Shareholder

PR Newswire

London, August 6

AIM and Media Release 

6 August 2020

BASE RESOURCES LIMITEDNotice of change of Substantial Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that it has today received notification from substantial shareholder, Sustainable Capital Limited (Sustainable), that it has increased its voting power in Base Resources to 277,232,274 ordinary shares, representing 23.66% of the total Base Resources ordinary shares on issue.

The increase in Sustainable’s voting power was the result of today’s acquisition of 16,500,000 ordinary shares for A$0.215 per share. 

Sustainable’s relevant interest in 277,232,274 ordinary shares is held as follows:

Holder of relevant interestRegistered holder of sharesNumber of ordinary shares
Sustainable Capital LimitedHSBC Fund Services277,232,274

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 RelationsUK Media Relations
Base ResourcesTavistock Communications
Tel: +61 (8) 9413 7426Jos Simson and Barnaby Hayward
Mobile: +61 (0) 488 093 763Tel: +44 (0) 207 920 3150
Email: [email protected] 

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 OFFICELevel 1, 50 Kings Park RoadWest Perth, Western Australia, 6005Email: [email protected]Phone: +61 (0)8 9413 7400Fax: +61 (0)8 9322 8912

NOMINATED ADVISORRFC Ambrian LimitedStephen AllenPhone: +61 (0)8 9480 2500

BROKERBerenbergMatthew Armitt / Detlir EleziPhone: +44 20 3207 7800 


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Base Resources
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