TIDMBSE 
 
AIM and Media Release 
 
26 March 2020 
 
BASE RESOURCES LIMITED 
Notice of change of Significant Shareholder 
 
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has 
today received notification from Bank of America Corporation that, on 23 March 
2020, it and its related bodies corporate (Bank of America) had reduced their 
voting power in Base Resources by 14,990,718 ordinary shares. 
 
Base Resources understands that, as at 23 March 2020, Bank of America had a 
relevant interest in 54,280,792 ordinary shares, representing 4.63% of the 
total Base Resources ordinary shares on issue and constituting a significant 
shareholding for the purposes of the AIM Rules for Companies on that date. 
 
The decrease in Bank of America's relevant interest was the result of the 
return of ordinary shares pursuant to prime brokerage agreements since 14 March 
2020.  During the period from (and including) 14 March 2020 until (and 
including) 23 March 2020, Bank of America did not otherwise dispose of or 
acquire a relevant interest in any Base Resources ordinary shares. 
 
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: 
 
James Fuller, Manager Communications and Investor  UK Media Relations 
Relations 
 
Base Resources                                     Tavistock Communications 
 
Tel: +61 (8) 9413 7426                             Jos Simson and Barnaby Hayward 
 
Mobile: +61 (0) 488 093 763                        Tel: +44 (0) 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 1, 50 Kings Park Road 
West Perth, Western Australia, 6005 
Email:  info@baseresources.com.au 
Phone: +61 (0)8 9413 7400 
Fax: +61 (0)8 9322 8912 
 
NOMINATED ADVISOR 
RFC Ambrian Limited 
Stephen Allen 
Phone: +61 (0)8 9480 2500 
 
JOINT BROKER 
Berenberg 
Matthew Armitt / Detlir Elezi 
Phone: +44 20 3207 7800 
 
JOINT BROKER 
Numis Securities Limited 
John Prior / James Black / Paul Gillam 
Phone: +44 20 7260 1000 
 
 
 
END 
 

(END) Dow Jones Newswires

March 26, 2020 05:26 ET (09:26 GMT)

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