AIM and Media Launch 11 Could 2020BASE RESOURCES LIMITEDNotice of change of Important ShareholderBase Sources Restricted (ASX & AIM: BSE) (Base Sources or the Firm) advises that it has obtained notification from Bank of America Company that, as at 6 Could 2020, it and its associated our bodies company (Bank of America) had elevated their voting energy in Base Sources to 93,680,997 abnormal shares, representing 8.00% of the full Base Sources abnormal shares on challenge and constituting a major shareholding for the needs of the AIM Guidelines for Corporations.Bank of America’s curiosity in 93,680,997 abnormal shares was held as follows:Holder of curiosity Nature of curiosity Registered holder of shares Variety of abnormal shares Merrill Lynch (Australia) Futures Ltd Energy to regulate voting and/or disposal of securities in its capability as final helpful proprietor having a principal place. Merrill Lynch (Australia) Nominees Pty Ltd 55,126,926 Merrill Lynch Worldwide (Australia) Ltd Borrowing of securities pursuant to a Prime Brokerage Settlement, with energy to regulate the voting and/or disposal of borrowed securities. Merrill Lynch (Australia) Nominees Pty Ltd 38,554,071 The rise in Bank of America’s holding for the needs of the AIM Guidelines for Corporations since its final notification to the Firm was the web results of the acquisition of abnormal shares, and the borrowing and return of abnormal shares pursuant to prime brokerage agreements, since 24 April 2020. Bank of America acquired 20,021,974 shares for a median price of A$0.130 per share between 27 April 2020 and 6 Could 2020 (excluding any shares borrowed pursuant to a chief brokerage settlement). Aside from by the use of the return of securities pursuant to prime brokerage agreements, Bank of America didn’t get rid of any shares between 24 April 2020 and 6 Could 2020.A replica of the discover referred to on this launch is out there from the Firm’s web site: www.baseresources.com.au.ENDS.For additional info contact:James Fuller, Supervisor Communications and Investor Relations UK Media Relations Base Sources Tavistock Communications Tel: +61 (8) 9413 7426 Jos Simson and Barnaby Hayward Cellular: +61 (0) 488 093 763 Tel: +44 (0) 207 920 3150 Electronic mail: jfuller@baseresources.com.au About Base ResourcesBase Sources is an Australian based mostly, African targeted, mineral sands producer and developer with a monitor report of undertaking supply and operational efficiency. The corporate operates the established Kwale Operations in Kenya and is growing the Toliara Undertaking in Madagascar. Base Sources is an ASX and AIM listed firm. Additional particulars about Base Sources can be found at www.baseresources.com.auPRINCIPAL & REGISTERED OFFICELevel 1, 50 Kings Park RoadWest Perth, Western Australia, 6005Electronic mail: data@baseresources.com.auPhone: +61 (0)8 9413 7400Fax: +61 (0)8 9322 8912NOMINATED ADVISORRFC Ambrian LimitedStephen AllenPhone: +61 (0)8 9480 2500JOINT BROKERBerenbergMatthew Armitt / Detlir EleziPhone: +44 20 3207 7800JOINT BROKERNumis Securities LimitedJohn Prior / James Black / Paul GillamPhone: +44 20 7260 1000
