Bank of America Reduces Interest in Base Resources
March 04 2020 - 5:38AM
Dow Jones News
By Adriano Marchese
Base Resources Ltd. said Wednesday that a prominent shareholder
reduced its holding in the company.
The Australia-based mineral-sands producer said the Bank of
America Corporation reduced its voting power in the company by 38
million ordinary shares. As of March 2, Bank of America had a
relevant interest in 52.8 million shares, representing 4.51% of
Base Resources' total share issue.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 04, 2020 05:23 ET (10:23 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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