News and Media

The Madagascar Council of Ministers, Chaired by the President of the Republic of Madagascar, has lifted the suspension of activities at the Company's 100%-owned Toliara critical minerals project. The Company can now re-commence development and other technical activities on the ground, which are expected to include the re-establishment of the Company's social programs, additional mine planning and engineering, expanding the critical mineral resource base, as well as progressing any other legal activities necessary to progress the Toliara Project and achieve a positive financial investment decision.

Base Resources Limited advises that the resolution to approve the scheme of arrangement to effect a combination with Energy Fuels Inc., as set out in the Notice of Scheme Meeting in Annexure 6 of the Scheme Booklet dated 2 August 2024, was passed by the requisite majorities of Base Resources shareholders at the Scheme Meeting held on 5 September 2024.