Notice of change of Substantial Shareholder

AIM and Media Release 

8 January 2018

BASE RESOURCES LIMITED
Notice of change of Substantial Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received the following notification.  

Pacific Road Capital has notified the company that its relevant interest in Base Resources ordinary shares has decreased from 24.6% to 22.1%, representing an interest in 242,953,106 Base Resources ordinary shares.  Pacific Road Capital’s net decrease in relevant interest follows its acquisition of 60,738,277 new Base Resources ordinary shares at A$0.255 per share, and dilution following the company’s institutional placement, pursuant to the Base Resources share offer announced on 19 December 2017.

Pacific Road Capital’s interest in Base Resources ordinary shares relates to the following interests:

Holder of relevant interest	Nature of relevant interest	Class and number of securities
Pacific Road Capital II Pty Limited	Registered holder of shares	29,831,018
Pacific Road Capital Management GP II Limited	Registered holder of shares	213,122,088

A PDF version of the notice referred to in this release is available from the company’s website:  www.baseresources.com.au.

ENDS.

CORPORATE PROFILE

Directors
Keith 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 Secretary
Chadwick Poletti

NOMINATED ADVISOR & BROKERS
RFC Ambrian Limited
As Nominated Adviser:
Andrew Thomson / Stephen Allen
Phone: [phone]
As Joint Broker:
Jonathan Williams
Phone: [phone]

Numis Securities Limited
As Joint Broker:
John Prior / James Black / Paul Gillam
Phone:  [phone]

SHARE REGISTRY:  ASX
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
PERTH WA 6000
Enquiries: 1300 850 505 / [phone]
www.computershare.com.au

SHARE REGISTRY:  AIM
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
BRISTOL BS99 6ZZ
Enquiries: [phone]
www.computershare.co.uk

AUSTRALIAN MEDIA RELATIONS
Cannings Purple
Andrew Rowell
[e-mail]
Phone: [phone]

UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Barnaby Hayward
Phone: [phone]

KENYA MEDIA RELATIONS
Africapractice (East Africa)
Evelyn Njoroge / Joan Kimani
Phone: [phone]
Email:[e-mail]

PRINCIPAL & REGISTERED OFFICE
Level 1, 50 Kings Park Road
West Perth, Western Australia, 6005
Email:  [e-mail]
Phone: [phone]
Fax: [phone]