TIDMBSE 
 
AIM and Media Release 
 
11 March 2021 
 
BASE RESOURCES LIMITED 
Change of Interests of Director 
 
African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base 
Resources) advises that Executive Director - Operations & Development, Mr Colin 
Bwye, sold 896,820 ordinary shares in Base Resources at a weighted average 
price of A$0.3156 per share between 8 March 2021 and 10 March 2021 (inclusive). 
 
The proceeds of the sale will be used by Mr Bwye to fund his future Australian 
income tax liability arising from the recent exercise of his 2017 cycle vested 
performance rights1 and for personal financial planning. 
 
The security holdings of Mr Bwye and other employees classified as "persons 
discharging managerial responsibilities" for the purposes of the United 
Kingdom's Market Abuse Regulation, as at the date of this announcement, are set 
out below. 
 
Name                                Holding of performance            Holding of shares 
                                                   rights*        (direct and indirect) 
 
Tim Carstens (Managing                           8,410,908                    8,442,833 
Director) 
 
Colin Bwye (Executive                            8,410,908                    7,199,238 
Director) 
 
Kevin Balloch                                    2,855,253                    3,039,313 
 
Andre Greyling                                   2,760,931                    4,193,966 
 
Stephen Hay                                      3,001,249                    1,697,999 
 
Chadwick Poletti                                 2,576,797                    1,448,859 
 
*       Performance rights issued under the Base Resources Long Term Incentive 
Plan, which remain unvested and therefore subject to vesting conditions. 
 
[Note (1): Refer to Base Resources' market announcement "Exercise of LTIP 
performance rights" released on 24 February 2021, which is available at https:/ 
/baseresources.com.au/investors/announcements/ .] 
 
ENDS. 
 
For further information contact: 
 
James Fuller, Manager Communications and Investor  UK Media Relations 
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 1, 50 Kings Park Road 
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 
 
BROKER 
Berenberg 
Matthew Armitt / Detlir Elezi 
Phone: +44 20 3207 7800 
 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 11, 2021 02:43 ET (07:43 GMT)