2 Jun 2023 07:00
AIM and Media Release
2 June 2023
BASE RESOURCES LIMITEDNotice 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, as at 1 June 2023, Sustainable Capital had increased its voting power in Base Resources from 277,232,274 ordinary shares to 290,537,049 ordinary shares representing 23.66% and 24.66% respectively 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 290,537,049 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 | 290,537,049
|
The increase in Sustainable Capital's holding for the purposes of the AIM Rules for Companies was the net result of the acquisition and disposal of ordinary shares during the period from 6 August 2020 to 1 June 2023.
During this period, Sustainable Capital acquired 17,632,045 shares for an average price of A$0.239 per share and sold 4,327,270 shares for an average price of A$0.316.
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 |
Citadel Magnus | 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 StreetWest Perth, Western Australia, 6005Email: info@baseresources.com.au Phone: +61 8 9413 7400Fax: +61 8 9322 8912
NOMINATED ADVISOR & JOINT BROKERCanaccord Genuity Limited
James Asensio / Raj Khatri / Patrick Dolaghan
Phone: +44 20 7523 8000
JOINT BROKER Berenberg Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
Base Resources (BSE)