AIM
and Media Release
5 September 2024
Base
Resources Limited
Shareholders
vote in favour of the Scheme
Base
Resources Limited (ASX & AIM: BSE) (Base
Resources) advises
that the resolution to approve the scheme of arrangement to effect
a combination with Energy Fuels Inc. (Scheme),
as set out in the Notice of Scheme Meeting in Annexure 6 of the
Scheme Booklet dated 2 August 2024
(Scheme
Resolution), was
passed by the requisite majorities of Base Resources shareholders
at the Scheme Meeting held earlier today.
In
summary:
-
99.88% of the votes cast by Base Resources shareholders were in
favour of the Scheme Resolution; and
-
93.18% of Base Resources shareholders present and voting (in person
or by proxy) were in favour of the Scheme Resolution.
Details of
the valid proxies received and votes cast are set out in the
attachment to this announcement.
Immediate
next steps
Base
Resources will apply to the Federal Court of Australia (Court)
for approval of the Scheme at a hearing scheduled for 12.15pm (Perth
time) on 12 September
2024 (Second
Court Hearing).
If the
Court approves the Scheme at the Second Court Hearing, a copy of
the Court orders will be lodged with the Australian Securities
& Investments Commission, following which the Scheme will
become effective.
Timetable
The
remaining key dates for the Scheme are set out below.
|
Event
|
Date
|
|
Second
Court Hearing
|
12
September 2024
12.15pm
Perth time
|
|
Effective
Date
Court order
lodged with ASIC and announcement to ASX and AIM
Last day of
trading in Base Resources shares on ASX, with trading of Base
Resources shares on ASX suspended from close of trading on ASX and
trading of Base Resources depositary interests to be suspended from
commencement of trading on AIM
Final date
for movements between the Base Resources share register and Base
Resources depositary interest register
|
13
September 2024
|
|
Special
Dividend Record Date
|
For
shareholders:
18
September 2024, 5.00pm Perth time
For
depositary interest holders: 18 September 2024, 6.00 pm London
time
|
|
Latest
time and date for receipt of Election Forms from Small Shareholders
for the Sale Facility
|
18
September 2024
5.00pm
Perth time
|
|
Latest
time and date for receipt of elections via CREST for Small
Shareholders that are Base Resources Depositary Interest
Holders
|
18
September 2024, 1.00 pm London time
|
|
Scheme
Record Date
|
For
shareholders:
20
September 2024,
5.00pm
Perth time
For
depositary interest holdings:
20
September 2024, 6.00 pm London time
|
|
Special
Dividend Payment Date
|
1 October
2024
|
|
Implementation
Date
|
2 October
2024
|
|
ASX and
AIM cancellation / delisting
|
3 October
2024
|
Timetable
is indicative only and may be subject to
change.
Any
changes will be announced by Base Resources to ASX and
AIM.
Scheme
information line
If Base
Resources shareholders or depositary interest holders have any
questions in
relation to the Scheme, please
contact the Base Resources Scheme information line on 1300 271 804
(within Australia) and +61 3 9938
4380 (outside Australia)
between 8.30am and 5.00pm
(Melbourne time), Monday to
Friday, excluding public holidays.
For
further information contact:
|
Australian
Media Relations
|
UK Media
Relations
|
|
Sodali
& Co
|
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 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