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RESOURCE BASE LIMITED. Capital/Financing Update 2022

Dec 13, 2022

65667_rns_2022-12-13_1a2a39bb-7f05-4cb6-88ec-27b1ad84d2fb.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

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NOTIFICATION OF RELEASE OF RESTRICTED SECURITIES FROM ESCROW

ASX RELEASE: 14 DECEMBER 2022

Pursuant to ASX listing rule 3.10A, Resource Base Limited ( ASX:RBX ) ( Resource Base or the Company ), a strategic metals explorer targeting clay hosted REE and VHMS in Victoria and South Australia, hereby confirms that the following securities will be released from Escrow:

  • 6,700,000 fully paid ordinary shares on 23 December 2022

  • 2,000,000 performance rights on 23 December 2022

The Company confirms the escrow provisions continue to apply to certain of the Company’s securities as follows:

Securities Number Restriction Period Escrow ExpiryDate
Fully paid ordinary shares 8,614,655 24 months from the dateof officialquotation 12 Jul 2023
Options exercisable at $0.25on or before 5 July2024 2,500,000 24 months from the dateof officialquotation 12 Jul 2023
Options exercisable at $0.20on or before 5 July2026 7,185,640 24 months from the dateof officialquotation 12 Jul 2023

– ENDS –

This announcement has been authorised by the Board of Resource Base Limited.

For further information please visit our website – www.resourcesbase.com.au

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Follow Resource Base Ltd (ASX:RBX)

RESOURCE BASE LIMITED ACN 113 385 425 Level 8/99 St Georges Terrace, Perth WA 6000 T. +61 8 9486 4036 E. [email protected] W. www.resourcebase.com.au

ASX: RBX