Result of AGM

ASX, AIM and Media Release

26 November 2013

BASE RESOURCES LIMITED

Results of Annual General Meeting

Base Resources Limited ("Base") (ASX: BSE) today held its Annual General
Meeting at the Duxton Hotel, 1 St Georges Terrace, Perth, Western Australia
6000.

All Resolutions were passed unanimously on a show of hands.

In accordance with section 251AA of the Corporations Act, proxy votes
exercisable by all proxies validly appointed were;

Resolution                       For       Discretionary           Abstain          Against           Total    
                                                                                                                   
1  Adoption of Remuneration  369,639,851          36,732         2,025,066           61,375     371,763,024
   Report                                                                                                          
                                                                                                                   
2  Re-Election of Mr Colin   355,574,972          36,732                 -       16,151,320     371,763,024
   Bwye as Director                                                                                                
                                                                                                                   
3  Election of Mr Malcolm    371,713,292          36,732                 -           13,000     371,763,024
   Macpherson as Director                                                                                          
                                                                                                                   
4  Approval of the Grant of  370,347,685          36,732           509,232          869,375     371,763,024
   Performance Rights to Mr                                                                                        
   Tim Carstens                                                                                                    
                                                                                                                   
5  Approval of the Grant of  370,347,685          36,732           509,232          869,375     371,763,024
   Performance Rights to Mr                                                                                        
   Colin Bwye                                                                                                      

A full PDF of the announcement and a copy of the presentation given at the AGM
is available at the Company's website: www.baseresources.com.au.

ENDS

For further enquiries contact:

Winton Willesee
Company Secretary
Base Resources Limited
Tel: [phone]

Website: www.baseresources.com.au

Corporate Details:

Board of Directors:
Andrew King        Non-Executive Chairman
Tim Carstens       Managing Director 
Colin Bwye         Executive Director
Sam Willis         Non-Executive Director
Michael Anderson   Non-Executive Director
Trevor Schultz     Non-Executive Director
Michael Macpherson Non-Executive Director
Winton Willesee    Company Secretary

Principal & Registered Office:              Contacts:
Level 1                                     Email: [e-mail]
50 Kings Park Road                          Phone: [phone]
West Perth  WA 6005                         Fax: [phone]