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BASE RESOURCES LIMITED - Notice of change of Substantial Shareholder

AIM and Media Release 

6 August 2020

Notice of change of Substantial ShareholderBASE RESOURCES LIMITED

(ASX & AIM: BSE) ( or the ) advises that it has today received notification from substantial shareholder, (), that it has increased its voting power in to 277,232,274 ordinary shares, representing 23.66% of the total ordinary shares on issue.Base Resources LimitedSustainable Capital LimitedBase ResourcesBase ResourcesBase ResourcesCompanySustainable

The increase in Sustainable’s voting power was the result of today’s acquisition of 16,500,000 ordinary shares for per share. A$0.215

Sustainable’s relevant interest in 277,232,274 ordinary shares is held as follows:

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:

AboutBase 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 and is developing the in Madagascar.  is an ASX and AIM listed company.  Further details about are available atBase ResourcesToliara ProjectBase ResourcesBase ResourcesKenyawww.baseresources.com.au

Level 1, , 6005 Email:  Phone: +61 (0)8 9413 7400 Fax: +61 (0)8 9322 8912PRINCIPAL & REGISTERED OFFICE




50 Kings Park RoadWest Perth, Western Australia[email protected]

Phone: +61 (0)8 9480 2500NOMINATED ADVISOR
RFC Ambrian Limited


Stephen Allen

/ Detlir Elezi Phone: +44 20 3207 7800  BROKER Berenberg



Matthew Armitt

Holder of relevant  Registered holder of shares Number of ordinary shares
interest

Sustainable Capital HSBC Fund Services                        277,232,274
Limited
,  and Investor  Media Relations
Relations

                                    

Tel: +61 (8) 9413 7426                             and 

Mobile: +61 (0) 488 093 763                       Tel: +44 (0) 207 920 3150

Email:James FullerJos SimsonBarnaby HaywardManager CommunicationsBase ResourcesTavistock CommunicationsUK[email protected]

Quick facts: Base Resources Limited

Price: 14

Market: AIM
Market Cap: £164.92 m
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