Base Resources Limited Notice of change of interests by Significant Shareholder
December 29 2022 - 4:25AM
UK Regulatory
TIDMBSE
AIM and Media Release
29 December 2022
BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from Regal Funds Management Pty Limited and its
associate, Regal Partners Limited (together, Regal), that, as at 23 December
2022, Regal had decreased its voting power in Base Resources by 16,136,394
ordinary shares.
Base Resources understands that, as at that date, Regal had an interest in
54,026,320 ordinary shares, representing 4.59% of the total Base Resources
ordinary shares on issue and constituting a significant shareholding for the
purposes of the AIM Rules for Companies.
The decrease in Regal's holding for the purposes of the AIM Rules for Companies
was the result of the disposal of ordinary shares during the period from 13
December 2022 to 23 December 2022. During this period, Regal disposed of
16,136,394 shares for an average price of A$0.225 per share. No shares were
acquired during this period.
A copy 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 UK Media Relations
Relations
Base Resources Tavistock Communications
Tel: +61 8 9413 7426 Jos Simson and Gareth Tredway
Mobile: +61 488 093 763 Tel: +44 207 920 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 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 ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 8 9480 2500
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
JOINT BROKER
Canaccord Genuity
Raj Khatri / James Asensio / Patrick Dolaghan
Phone: +44 20 7523 8000
END
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