Ann: Toliara Sands Project acquisition completed, page-2

Well done base.

Tim Carstens, Managing Director of Base Resources, commented: “The Toliara Sands Project is a transformational acquisition and represents a significant step in execution of the Company’s strategic plan. We are excited to now proceed with the development of what we consider to be one of the very best mineral sands projects in the world. The strong support demonstrated by institutional and retail shareholders, as well as the Base Resources management team, through participation in the capital raising reflects a shared enthusiasm.”

All good news there.