AIM and Media Release
3 October 2019
BASE RESOURCES LIMITED
Notice of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received the following
notification.
Bank of America Corporation has notified the company that it and
its related bodies corporate (Bank of America Corporation)
have become a significant shareholder of Base Resources having a
relevant interest in 64,004,394 Base Resources ordinary shares
representing 5.49% of total Base Resources ordinary shares on
issue, constituting a significant shareholding for the purposes of
the AIM Rules for Companies.
Bank of America Corporation’s interest in 64,004,394 Base
Resources ordinary shares is held as follows:
Holder of relevant
interest |
Nature of relevant
interest |
Class and number of
securities |
Merrill Lynch (Australia) Futures
Ltd |
Power to control voting and/or
disposal of securities in its capacity as ultimate beneficial owner
having a principal position |
35,418,084 ordinary shares |
Merrill Lynch International
(Australia) Ltd |
Borrowing of securities pursuant to
a Prime Brokerage Agreement, with power to control the voting
and/or disposal of borrowed securities |
28,586,310 ordinary shares |
During the past four months, Bank of America Corporation
acquired 41,575,203 ordinary shares at an average of A$0.250 per share between 17 June 2019 and
1 October 2019 (excluding any securities borrowed pursuant to
the prime brokerage agreement) and sold 30,000,000 ordinary shares
at an average of A$0.248 per share
between 12 July 2019 and 16 August 2019 (excluding any securities returned
pursuant to the prime brokerage agreement).
A PDF version 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 Relations |
UK Media 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