Notice of Significant Shareholder

AIM and Media Release 

26 March 2019

BASE RESOURCES LIMITED
Notice of Significant Shareholder

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

FIL Limited has notified the company that it and its related bodies corporate (FIL) have a relevant interest in 60,574,739 Base Resources ordinary shares, representing 5.19% of total Base Resources ordinary shares on issue, constituting a significant shareholding for the purposes of the AIM Rules for Companies.

FIL’s interest in Base Resources ordinary shares relates to the following interests held by its related bodies corporate:

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	946,028
FIL Investments International	Brown Bros Harriman Ltd Lux (C); JP Morgan, Bournemouth (C)	Investment Discretion / Voting Power	39,181,048 19,791,931
FIL Limited	Brown Brothers Harriman and Co	Investment Discretion / Voting Power	655,732

During the four months prior to this notice, consideration given to acquire the relevant interest referred to above between 12 March 2019 and 21 March 2019 was a weighted average of A$0.295 per share for 21,393,691 shares.  

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: [phone]	Jos Simson and Barnaby Hayward
Mobile: [phone]	Tel: [phone]
Email: [e-mail]

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: [e-mail]
Phone: [phone]
Fax: [phone]

NOMINATED ADVISOR
RFC Ambrian Limited
Andrew Thomson / Stephen Allen
Phone: [phone]