John Ngumi, Oyatsi and Aly-khan Satchu appointed to the Base Titanium Board

Base Titanium Limited (“Base Titanium”), a wholly-owned subsidiary of Australian and UK-listed Base Resources Limited (“Base Resources”), has announced the appointment of three additional members to its Board of Directors.

The new members include lawyer Desterio Oyatsi and financial market analyst, advisory and commentator Aly-Khan Satchu, bring vast experience from the private and public sectors and detailed knowledge of the East African business environment.

They join existing Chairman, Professor Joseph Maitha and Base Resources Executive Directors Tim Carstens and Colin Bwye on the expanded Board.

In announcing the new board members, Tim Carstens said, “I am delighted to welcome such an eminent panel of Kenyan thought leaders to the Board of Base Titanium. Their knowledge and experience in the Kenyan investment and regulatory environment will deepen Base Titanium’s ability to understand the Kenyan context, influence discussion and deliver on its strategic plans to the benefit of all stakeholders.”

The new Board members will work to enhance Base’s relations with the Government of Kenya and will play strong role in promoting the Kenyan mining sector, both domestically and internationally.

The new Board members join Base Titanium at an exciting time. The Kwale Mine operations are performing strongly and safely, there is ongoing transition to a Kenyan workforce with 96% of those employed now Kenyan and 64% from the local community and commodity markets are showing encouraging signs of improvement. Importantly, Base has recently embarked on a near-mine exploration program that seeks to extend the life of the Kwale Mine and continue its significant contribution to the Kenyan and local economy.