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seeking his re-election, was withdrawn.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