Base Resources Limited - Scheme Meeting - Chair's address and presentation
AIM and Media Release
Scheme Meeting - Chair's address and presentation
The voting results for the Scheme Meeting will shortly follow this announcement.
Chair's Scheme Meeting Address
I would now like to provide a brief overview of the proposed scheme of arrangement.
If the scheme is approved by shareholders and implemented, Energy Fuels will acquire all the shares in
The Base Resources Directors unanimously recommend that shareholders vote in favour of the scheme, with the Independent Expert,
In relation to the unanimous recommendation of the Base Resources Directors,
In his presentation,
Implementation of the scheme remains subject to the following conditions precedent:
-- approval of the scheme resolution byBase Resources shares at this meeting -- approval of the scheme by theFederal Court of Australia at the second Court hearing, and -- other customary conditions.
Significantly, as previously announced, the regulatory approval conditions precedent for the scheme have been satisfied.
If the scheme is approved by shareholders today, a Court hearing for approval of the scheme is scheduled for Thursday,
-- the effective date for the scheme will be Friday,13 September 2024 -- the special dividend payment date will be Tuesday,1 October 2024 , and -- the implementation date for the scheme will be Wednesday,2 October 2024 .
Finally, I would like to thank the whole
Thank you.
ENDS.
For further information contact:
Australian Media RelationsUK Media Relations Sodali & CoTavistock Communications Cameron Gilenko andMichael Weir Jos Simson andGareth Tredway Tel: +61 8 6160 4900 Tel: +44 207 920 3150
About
PRINCIPAL & REGISTERED OFFICE
Level 3,
Email: info@baseresources.com.au
Phone: +61 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISER & JOINT BROKER
Phone: +44 20 7523 8000
JOINT BROKER
Berenberg
Phone: +44 20 3207 7800
Scheme Meeting presentation5 September 2024