Resource Base Ltd. announced that Mr. Alan Fraser, Managing Director and substantial shareholder, has advised the Company he will retire at the commencement of the company's annual general meeting set down for 2.00 pm on November 30, 2015. Alan was a founding director of RBX and has steered the Company as Managing Director and for the last few years as Chairman. Mr. Fraser was responsible for listing RBX on ASX in November 2007 and successfully acquired a second hand treatment plant and relocated with upgrades and modifications to the RBX Broula King site.