Basic Resources AG (WKN: A0JC0X ISIN: DE 000A0JC0X4): Notice of loss based on § 92 sec. 1 of German Stock Corporations Act AktG) for the fiscal year 2013

Board of Basic Resources AG announces, that a cumulated loss of more than 50% of nominal capital has occurred (§ 92 AktG sec. 1 of German Stock Corporations Act AktG). Based on running estimation net equity in balance sheet 2013 will be only about 0.9 mio. €. Loss is caused mainly by write offs on shareholdings in fixed assets, which have no effect on liquidity. It has to be pointed out that during audit of annual accounts still corrections on made estimation may occur. A loss of more than 50% of the nominal capital causes the duty for invitation of an extraordinary shareholders´ meeting. For cost and utility reasons notice of loss will be made on the already upcoming annual general meeting for the fiscal year 2013, which will happen in August 2014. During that board will explain state of the company and debate further proceeding.

Frankfurt, 18th of June 2014

Basic Resources AG

The board


Basic Resources AG

Hansaallee 148 b

60320 Frankfurt

Tel: 069/7680 7470