Share issue- Placement & Institutional Entitlement Offer

BASE RESOURCES LIMITED - Share issue- Placement & Institutional Entitlement Offer

PR Newswire

London, January 5

AIM and Media Release 

5 January 2018

BASE RESOURCES LIMITEDShares issued under Placement and Institutional Entitlement Offer

Base Resources Limited (ASX & AIM: BSE) (Base Resources) is pleased to advise that it has successfully completed the institutional placement (Placement) and institutional component of its accelerated renounceable pro rata entitlement offer announced on Tuesday, 19 December 2017 (Institutional Entitlement Offer).

Base Resources has today completed the issue of the following new Base Resources fully paid ordinary shares (New Shares) raising gross proceeds of approximately A$ 89.3million:

The New Shares are to commence trading on ASX today, and are expected to be admitted to trading on AIM on or around 8 January 2018. The total number of Base Resources ordinary shares on issue following the issue of the New Shares is 1,097,268,564.

The retail component of the pro rata entitlement offer (Retail Entitlement Offer) opened on Thursday, 28 December 2017, with the Retail Entitlement Offer Booklet being sent to eligible retail shareholders on that day. The Retail Entitlement Offer is scheduled to close at 7.00pm (AEDT) on Wednesday, 17 January 2018.

ENDS.

CORPORATE PROFILEDirectorsKeith Spence (Non-Executive Chairman)Tim Carstens (Managing Director)Colin Bwye (Executive Director)Sam Willis (Non-Executive Director)Michael Stirzaker (Non-Executive Director)Malcolm Macpherson (Non-Executive Director)Company SecretaryChadwick PolettiNOMINATED ADVISOR & BROKERSRFC Ambrian LimitedAs Nominated Adviser:Andrew Thomson / Stephen AllenPhone: +61 (0)8 9480 2500As Joint Broker:Jonathan WilliamsPhone: +44 20 3440 6800Numis Securities LimitedAs Joint Broker:John Prior / James Black / Paul GillamPhone: +44 20 7260 1000SHARE REGISTRY: ASXComputershare Investor Services Pty LimitedLevel 11, 172 St Georges TerracePERTH WA 6000Enquiries: 1300 850 505 / +61 (3) 9415 4000www.computershare.com.auSHARE REGISTRY: AIMComputershare Investor Services PLCThe PavilionsBridgwater RoadBRISTOL BS99 6ZZEnquiries: +44 (0) 870 702 0003www.computershare.co.ukAUSTRALIAN MEDIA RELATIONSCannings PurpleAndrew Rowell[email protected]Phone: +61 (0)8 6314 6300UK MEDIA RELATIONSTavistock CommunicationsJos Simson / Barnaby HaywardPhone: +44 (0) 207 920 3150KENYA MEDIA RELATIONSAfricapractice (East Africa)Evelyn Njoroge / Joan KimaniPhone: +254 (0)20 239 6899Email: [email protected]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