Notice of change of Significant Shareholder

AIM and Media Release 

17 May 2019

BASE RESOURCES LIMITED
Notice of change of Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received notification from significant shareholder FIL Limited that it and its related entities (FIL) have increased their voting power in Base Resources to 84,275,367 ordinary shares, representing 7.22% of the total Base Resources ordinary shares on issue.

The above increase results from the acquisition of 11,759,675 ordinary shares at an average of A$0.245 per share between 10 April 2019 and 14 May 2019.

FIL Limited’s interest in 84,275,367 Base Resources ordinary shares is held as follows: 

Investment Manager Custodian Nature of relevant interest Class and number of securities
FIL Fund Management (Ireland) Limited Brown Brothers Harriman and Co Investment Discretion / Voting Power 2,346,908
FIL Investments International Brown Bros Harriman Ltd Lux (C);

JP Morgan, Bournemouth (C)
Investment Discretion / Voting Power 39,181,048


41,053,695
FIL Limited Brown Brothers Harriman and Co Investment Discretion / Voting Power 1,693,716

A PDF version 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 Barnaby Hayward
Mobile: +61 (0) 488 093 763 Tel: +44 (0) 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 1, 50 Kings Park Road
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912

NOMINATED ADVISOR
RFC Ambrian Limited

Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500

JOINT BROKER
Berenberg

Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800

JOINT BROKER
Numis Securities Limited

John Prior / James Black / Paul Gillam
Phone: +44 20 7260 1000

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