BASE RESOURCES LIMITED - Results of Annual General Meeting

BASE RESOURCES LIMITED - Results of Annual General Meeting

PR Newswire

London, November 22

AIM and Media Release

22 November 2019

BASE RESOURCES LIMITED
Results of Annual General Meeting

African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that all resolutions set out in the Notice of Annual General Meeting and put to Base Resources shareholders at today's AGM were carried. The Notice of Annual General Meeting was released to ASX on 18 October 2019.

All resolutions were decided by poll. The table below details the number of votes cast on the poll in respect of each resolution.

Item 1	Adoption of Remuneration Report	For	475,692,994	97.07%
		Against	14,370,607	2.93%
		Abstain	312,773,827
Item 2	Re-election of Mr Malcolm Macpherson as a Director	For	495,682,448	97.26%
		Against	13,946,462	2.74%
		Abstain	312,459,779
Item 3	Re-election of Mr Colin Bwye as a Director	For	496,191,266	97.36%
		Against	13,437,644	2.64%
		Abstain	312,459,779
Item 4	Approval of the grant of Performance Rights to Mr Tim Carstens	For	485,661,044	99.68%
		Against	1,577,632	0.32%
		Abstain	319,363,542
Item 5	Approval of the grant of Performance Rights to Mr Colin Bwye	For	482,711,044	99.07%
		Against	4,527,632	0.93%
		Abstain	319,363,542

Further information required by section 251AA(2) of the Corporations Act 2001 (Cth) is set out below.

BASE RESOURCES LIMITED
ANNUAL GENERAL MEETING
Friday, 22 November 2019
Voting Results
Resolution details			Instructions given to validly appointed proxies (as at proxy close)						Number of votes cast on the poll (where applicable)				Resolution Result
Resolution	Resolution Type			For	Against	Proxy's Discretion	Abstain		For	Against	Abstain*		Carried / Not Carried
1 Adoption of the Remuneration Report	Ordinary			473,206,136	14,370,607	84,485	312,773,827		475,692,994	14,370,607	312,773,827		Carried
				97.03%	2.95%	0.02%			97.07%	2.93%
2 Re-election of Mr Malcolm Macpherson as a Director	Ordinary			480,135,737	13,946,462	5,496,635	312,459,779		495,682,448	13,946,462	312,459,779		Carried
				96.11%	2.79%	1.10%			97.26%	2.74%
3 Re-election of Mr Colin Bwye as a Director	Ordinary			480,644,555	13,437,644	5,496,635	312,459,779		496,191,266	13,437,644	312,459,779		Carried
				96.21%	2.69%	1.10%			97.36%	2.64%
4 Approval of the grant of Performance Rights to Mr Tim Carstens	Ordinary			478,395,941	1,577,632	3,346,063	318,943,763		485,661,044	1,577,632	319,363,542		Carried
				98.98%	0.33%	0.69%			99.68%	0.32%
5 Approval of the grant of Performance Rights to Mr Colin Bwye	Ordinary			475,445,941	4,527,632	3,346,063	318,943,763		482,711,044	4,527,632	319,363,542		Carried
				98.37%	0.94%	0.69%			99.07%	0.93%
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

ENDS.

For further information contact:

James Fuller, Manager Communications and Investor Relations	UK Media Relations
Base Resources	Tavistock Communications
Tel: [phone]	Jos Simson and Barnaby Hayward
Mobile: [phone]	Tel: [phone]
Email: [e-mail]

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 1, 50 Kings Park Road
West Perth, Western Australia, 6005
Email: [e-mail]
Phone: [phone]
Fax: [phone]

NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: [phone]

JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: [phone]

JOINT BROKER
Numis Securities Limited
John Prior / James Black / Paul Gillam
Phone: [phone]