Maiden Dividend – Key dates and information

AIM and Media Release 

24 August 2020

BASE RESOURCES LIMITED
Maiden Dividend – Key dates and information

African mineral sands producer and developer, Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) provides the following information about the maiden dividend of AUD 3.5 cents per share, unfranked (FY20 Dividend), that the Company’s Board has determined to pay and which was announced today.

The FY20 Dividend has been determined in Australian dollars, but will be paid to depositary interest holders in British pounds sterling.  The FY20 Dividend will be converted to British pounds sterling based on the AUD/GBP exchange rate on the record date of Monday, 21 September 2020.

Depositary interest holders are encouraged to receive their dividend payment by electronic funds transfer.  Dividend payments will be made, and any required withholdings in respect of tax will be determined, based on applicable information provided to the depositary interest holder trustee, Computershare.  To provide or update your banking details and ensure your other information is up to date, depositary interest holders should contact Computershare by 5.00 pm (London time) on Monday, 21 September 2020:

• by phone on [phone] between 8.30 am and 5.30 pm (London time) Monday to Friday (excluding public holidays); or
• by email at [e-mail].

The key dates for the FY20 Dividend are as follows:

Event	Date
Ex-date	Friday, 18 September 2020
Record date Date of exchange rate used for conversion to GBP	Monday, 21 September 2020
Announcement of exchange rate and dividend amount in GBP	Wednesday, 23 September 2020
Payment date	Wednesday, 7 October 2020

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]

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