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Base Resources Limited

BASE RESOURCES LIMITED - Notice of Significant Shareholder

AIM and Media Release 
22 October 2018

Notice of Significant ShareholderBASE RESOURCES LIMITED

(ASX & AIM: BSE) () advises that it has today received the following notification.  Base Resources LimitedBase Resources

on behalf of Credit Suisse Group AG and its affiliates () has notified the company that it has a relevant interest in 59,819,002 ordinary shares representing 5.13% of total ordinary shares on issue, constituting a significant shareholding for the purposes of the AIM Rules for companies.Credit Suisse Holdings (Australia) LimitedBase ResourcesBase ResourcesCredit Suisse

Credit Suisse’s interest in ordinary shares relates to the following interests held by its related bodies corporate:Base Resources

Consideration given to acquire the relevant interest above in the period between and was a weighted average of per share for 19,354,787 shares (excluding 27,730,000 shares borrowed under the Prime Brokerage Securities Lending Agreement).  Consideration received for sales in the period between and was a weighted average of per share for 954,345 shares (excluding 8,439,693 shares returned under the Prime Brokerage Securities Lending Agreement).21 June 201816 October 201826 June 20188 October 2018A$0.28A$0.27

A PDF version of the notice referred to in this release is available from the company’s website:  .www.baseresources.com.au

ENDS.

For further information contact:

AboutBase 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 and is developing the in Madagascar.  is an ASX and AIM listed company.  Further details about are available atBase ResourcesToliara ProjectBase ResourcesBase ResourcesKenyawww.baseresources.com.au

Level 1, , 6005 Email:  Phone: +61 (0)8 9413 7400 Fax: +61 (0)8 9322 8912PRINCIPAL & REGISTERED OFFICE




50 Kings Park RoadWest Perth, Western Australiainfo@baseresources.com.au

/ Phone: +61 (0)8 9480 2500  NOMINATED ADVISOR
RFC Ambrian Limited



Andrew ThomsonStephen Allen

Holder of relevant interest  Nature of relevant interest  Class and number of
                                                          securities

Credit Suisse Equities       Voting rights and right to   29,226,775 fully paid
(Australia) Limited (ACN 068 dispose                      ordinary shares
232 708)

Credit Suisse Securities     Holder of securities subject 30,592,227 fully paid
(Europe) Limited (ARBN       to an obligation to return   ordinary shares
099554131)                   under a securities lending
                             agreement
, Manager - Communications and  Media Relations
Investor Relations

                             

Tel: +61 (8) 9413 7426                      and 

Mobile: +61 (0) 488 093 763                Tel: +44 (0) 207 920 3150

Email:James FullerJos SimsonBarnaby HaywardUKBase ResourcesTavistock Communicationsjfuller@baseresources.com.au
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