BASE RESOURCES LIMITED - Change of Director interests
PR Newswire
London, March 10
AIM and Media Release
10 March 2022
BASE RESOURCES LIMITED
Change of Director interests
African mineral sands producer and developer, Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that Executive Director - Operations and Development, Colin Bwye, has sold 1,694,164 ordinary shares on market between 7 March and 10 March 2022 at an average price of A$0.33 per share.
The sales occurred as part of Mr Bwye's planning for his previously announced retirement from the Company and as a Director with effect from 31 March 2022, including to fund tax liabilities arising from the recently announced exercise of his vested Long Term Incentive Plan performance rights.
Following the sales, Mr Bwye holds 7,199,238 ordinary shares in Base Resources and 5,604,456 unvested performance rights issued under the Base Resources Long Term Incentive Plan.
ENDS.
For further information contact:
| James Fuller, Manager Communications and Investor Relations | UK Media Relations |
| Base Resources | Tavistock Communications |
| Tel: +61 (8) 9413 7426 | Jos Simson and Gareth Tredway |
| Mobile: +61 (0) 488 093 763 | Tel: +44 (0) 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 (0)8 9413 7400
Fax: +61 (0)8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 (0)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
