Retirement of Chairman and Change of Company Se...

AIM and Media Release

20 May 2015

                            BASE RESOURCES LIMITED                             

            RETIREMENT OF CHAIRMAN AND CHANGE OF COMPANY SECRETARY             

Base Resources Limited (ASX & AIM: BSE) ("Base") wishes to advise that Andrew
King has retired as Chairman and Winton Willesee has retired as Company
Secretary of the company with effect from close of business on 19 May 2015.

The retirements come as part of the ongoing evolution of Base as the company
moves into its next phase of development. Andrew and Winton have been Directors
and/or Company Secretary of Base since before its initial listing in 2008 and
have played a vital role in what has been a dynamic and transformational period
for the company. The Board would like to thank Andrew and Winton for their
considerable efforts and wish both all the very best in their respective future
endeavours.

Andrew is replaced as Chairman by Keith Spence who was appointed to the Board
on 20 February 2015. Keith brings a wealth of experience to the Board and the
role of Chairman. Keith has over 30 years of experience in the oil & gas
industry with Shell and Woodside. He retired from Woodside in 2008 after
14 years in senior executive roles including Chief Operating Officer and acting
Chief Executive. Keith is currently Non-Executive Chairman of Geodynamics
Limited as well as a Non-Executive Director of Oil Search Limited and
Independence Group NL. Keith was also Chairman of Clough Limited before its
acquisition in late 2013.

Chadwick Poletti, Base's Group Legal Counsel, has been appointed Company
Secretary.

A full PDF version of this release is available from www.asx.com.au and 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 Anderson Non-Executive Director
Michael Stirzaker Non-Executive Director
Malcolm Macpherson Non-Executive Director

Company Secretary
Chadwick Poletti

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

SHARE REGISTRY: ASX
Computershare Investor Services Pty Limited
Level 2, 45 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
Michael Vaughan / Warrick Hazeldine
Email: [e-mail]
[e-mail]
Phone: [phone]

UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Emily Fenton / Nuala Gallagher
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KENYA MEDIA RELATIONS
Africapractice (East Africa)
David Maingi/ James Njuguna/Joan Kimani
Phone: [phone]
Email: [e-mail]

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