Results of 2022 Annual General Meeting

AIM and Media Release 

25 November 2022

BASE RESOURCES LIMITED
Results of 2022 Annual General Meeting

African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that all resolutions set out in the Notice of Annual General Meeting released to ASX on 26 October 2022 and put to Base Resources shareholders at today’s meeting were carried.

All resolutions were decided by poll.  Further details, including the number of votes cast on the poll for each resolution and the percentage of votes cast ‘For’ and ‘Against’, are below.

Resolution details Instructions given to validly appointed proxies
(as at proxy close)
Number of votes cast on the poll
(where applicable)
Resolution Result
Resolution Resolution Type For Against Proxy's
Discretion
Abstain For Against Abstain* Carried /
Not Carried
1 Adoption of the Remuneration Report Ordinary 455,678,214 1,180,581 193,634 663,284 771,080,534 1,180,581 1,073,284 Carried
99.70% 0.26% 0.04% 99.85% 0.15%
2 Re-election of Mr Malcolm
Macpherson as a Director
Ordinary 461,066,974 622,068 193,634 19,127 788,668,890 622,068 99,127 Carried
99.83% 0.13% 0.04% 99.92% 0.08%
3 Approval of Performance
Rights to Mr Tim Carstens
Ordinary 456,084,619 1,354,637 193,634 82,823 771,486,939 1,764,637 8,105,877 Carried
99.66% 0.30% 0.04% 99.77% 0.23%

* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

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 Gareth Tredway
Mobile: +61 488 093 763 Tel: +44 207 920 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 3, 46 Colin Street
West Perth, Western Australia, 6005
Email:  info@baseresources.com.au
Phone: +61 8 9413 7400
Fax: +61 8 9322 8912

NOMINATED ADVISOR
RFC Ambrian Limited

Stephen Allen
Phone: +61 8 9480 2500

JOINT BROKER
Berenberg

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

JOINT BROKER
Canaccord Genuity

Raj Khatri / James Asensio / Patrick Dolaghan
Phone: +44 20 7523 8000
 

UK 100