AIM and Media
Release
15
May 2024
Base Resources
Limited
Notice of change of
interests by Substantial
Shareholder
Base Resources Limited (ASX & AIM: BSE)
(Base Resources) advises that it has received
notification from Sustainable Capital Limited (Sustainable
Capital) that it reduced its voting power in Base
Resources from 290,537,049 ordinary shares to 277,931,128 ordinary
shares representing 23.59% of the total Base Resources ordinary
shares in issue. This constitutes a substantial shareholding
for the purposes of the AIM Rules for
Companies.
Sustainable Capital's interest in 277,931,128
ordinary shares is held as
follows:
|
Holder of
interest |
Registered holder of
shares |
Person entitled to be registered as
holder |
Number of ordinary
shares |
|
Sustainable Capital
Limited |
HSBC-FUND SERVICES CLIENT A/C
006 |
HSBC BANK AUSTRALIA
LIMITED |
277,931,128 |
The decrease in Sustainable Capital's holding for the
purposes of the AIM Rules for Companies was the net result of the
disposal and acquisition of ordinary shares during the period from
13 June 2023 to 15 May
2024.
During this period, Sustainable Capital sold
14,103,738 shares for an average price of A$0.253 per share and acquired 1,497,817 shares
for an average price of A$0.175.
A copy of the notice
referred to in this release is available from the company's
website:
www.baseresources.com.au.
ENDS.
For further information
contact:
|
Australian Media
Relations |
UK Media
Relations |
|
Morrow
Sodali |
Tavistock
Communications |
|
Cameron Gilenko and
Michael Weir |
Jos Simson and Gareth
Tredway |
|
Tel: +61 8 6160
4900 |
Tel: +44 207 920
3150 |
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 ADVISER & JOINT
BROKER
Canaccord Genuity Limited
James Asensio / Raj Khatri /
George Grainger
Phone: +44 20 7523 8000
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800