Share issue- Placement & Institutional Enti...

AIM and Media Release 

5 January 2018

BASE RESOURCES LIMITED
Shares issued under Placement and Institutional Entitlement Offer

Base Resources Limited (ASX & AIM: BSE) (Base Resources) is pleased to advise that it has successfully completed the institutional placement (Placement) and institutional component of its accelerated renounceable pro rata entitlement offer announced on Tuesday, 19 December 2017 (Institutional Entitlement Offer).

Base Resources has today completed the issue of the following new Base Resources fully paid ordinary shares (New Shares) raising gross proceeds of approximately A$ 89.3million:

• 143,092,216 New Shares pursuant to the Placement; and
• 206,982,409 New Shares pursuant to the Institutional Entitlement Offer.

The New Shares are to commence trading on ASX today, and are expected to be admitted to trading on AIM on or around 8 January 2018.  The total number of Base Resources ordinary shares on issue following the issue of the New Shares is 1,097,268,564.

The retail component of the pro rata entitlement offer (Retail Entitlement Offer) opened on Thursday, 28 December 2017, with the Retail Entitlement Offer Booklet being sent to eligible retail shareholders on that day.  The Retail Entitlement Offer is scheduled to close at 7.00pm (AEDT) on Wednesday, 17 January 2018.

ENDS.

CORPORATE PROFILE

Directors
Keith Spence (Non-Executive Chairman)
Tim Carstens (Managing Director)
Colin Bwye (Executive Director)
Sam Willis (Non-Executive Director)
Michael Stirzaker (Non-Executive Director)
Malcolm Macpherson (Non-Executive Director)

Company Secretary
Chadwick Poletti

NOMINATED ADVISOR & BROKERS
RFC Ambrian Limited
As Nominated Adviser:
Andrew Thomson / Stephen Allen
Phone: [phone]
As Joint Broker:
Jonathan Williams
Phone: [phone]

Numis Securities Limited
As Joint Broker:
John Prior / James Black / Paul Gillam
Phone:  [phone]

SHARE REGISTRY:  ASX
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
PERTH WA 6000
Enquiries: 1300 850 505 / [phone]
www.computershare.com.au

SHARE REGISTRY:  AIM
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
BRISTOL BS99 6ZZ
Enquiries: [phone]
www.computershare.co.uk

AUSTRALIAN MEDIA RELATIONS
Cannings Purple
Andrew Rowell
[e-mail]
Phone: [phone]

UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Barnaby Hayward
Phone: [phone]

KENYA MEDIA RELATIONS
Africapractice (East Africa)
Evelyn Njoroge / Joan Kimani
Phone: [phone]
Email:[e-mail]

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