Base Resources Limited Retirement of Non-Executive Director
24 November 2023 - 6:00PM
UK Regulatory
TIDMBSE
AIM and Media Release
24 November 2023
Base Resources Limited
Retirement of Non-Executive Director
African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base
Resources or the Company) advises that, after serving for more than 10 years,
Malcolm Macpherson retired as Non-Executive Director at the conclusion of the
Company's Annual General Meeting held today.
Mr Macpherson joined the Board in July 2013, overseeing achievement of many
significant milestones, including completion of construction of Kwale Operations
and its transition into a safe, efficient and highly profitable mining operation
and the Company's acquisition and progression of the Toliara Project in
Madagascar.
Non-Executive Chair, Michael Stirzaker said: "On behalf of the Board, I would
like to thank Malcolm for his commitment and outstanding contribution to the
Board during his tenure. Everyone at Base Resources has benefited considerably
from Malcolm's guidance, insights and deep mineral sands experience. Malcolm
leaves us well-positioned to execute on the next phase of shareholder value
creation that will come from progression of the world-class Toliara Project."
Mr Macpherson said: "It has been a pleasure and a privilege serving on the
Board and being part of Base Resources' journey over the last ten years. I am
enormously proud of the organisation that Base Resources has become, the culture
that has been developed and its reputation for excellence - particularly in the
area of sustainable mining in Africa. The Company is well-placed to realise the
Toliara Project's full potential and cement its reputation for excellence in the
full mining life cycle through the effective transition of Kwale Operations to
post-mining. I look forward to watching Base Resources' story continue to
unfold."
As a result, Mr Macpherson did not stand for re-election at the 2023 Annual
General Meeting and item 3 in the Notice of 2023 AGM, seeking his re-election,
was withdrawn.
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 |
+--------------------------------+-----------------------------+
This release has been authorised by the Board of Base Resources.
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
This information was brought to you by Cision http://news.cision.com
END
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