SERABI GOLD PLC The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
PRESS RELEASE 30 MAY 2025
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 e [email protected] www.serabigold.com not amount to an invitation or inducement
to Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
Notice of Annual General Meeting
The Company announces that its Annual General Meeting will be held on Thursday 26 June 202 5, at
the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL, England at 4.00 pm (BST). The Company
has published the formal notice of the meeting (the “Notice”) on its website which can be accessed
using the following LINK. Proxy voting forms are being posted to all shareholders providing details of how
to access the Notice and instructions for voting. A copy of the Notice together
with proxy voting forms is being posted to all shareholders who are required to receive or have formally
requested to receive these documents.
The Notice contains a letter from the Chairman of the Company, Mr Michael Lynch -Bell, which is set out below
in Appendix 1.
The person who arranged for the release of this announcement on behalf of the Company was Andrew Khov,
Vice President, Investor Relations and Business Development.
Enquiries
SERABI GOLD plc
Michael Hodgson t +44 (0)20 7246 6830
Chief Executive m +44 (0)7799 473621
Colm Howlin m +353 89 6078171
Chief Financial Officer
Andrew Khov m +1 647 885 4874
Vice President, Investor Relations
and Business Development
www.serabigold.com
BEAUMONT CORNISH Limited
Nominated Adviser & Financial Adviser
Roland Cornish / Michael Cornish t +44 (0)20 7628 3396
PEEL HUNT LLP
Joint UK Broker
Ross Allister t +44 (0)20 7418 9000
TAMESIS PARTNERS LLP
Joint UK Broker
Charlie Bendon/ Richard Greenfield t +44 (0)20 3882 2868
CAMARCO
Financial PR - Europe
Gordon Poole / Emily Hall t +44 (0)20 3757 4980
HARBOR ACCESS
Financial PR – North America
Jonathan Patterson / Lisa Micali t +1 475 477 9404
Copies of this announcement are available from the Company's website at www.serabigold.com.
Neither the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of
the contents of this announcement.
See www.serabigold.com for more information and follow us on X @Serabi_Gold
PRESS RELEASE 30 MAY 2025
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 e [email protected] www.serabigold.com not amount to an invitation or inducement
to Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
Appendix 1
The letter from the Chairman of the Company included in the Notice is reproduced below (without material adjustment
or amendment):
Dear Shareholder
This document provides the formal notice (the "Notice") of the 2025 Annual General Meeting of the Company to be
held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL England on 26 June 2025 at 4.00 p.m.
(London time) (the "AGM"). The purpose of the AGM is to seek Shareholders' approval of the resolutions.
Action to be taken by Shareholders
A form of proxy for use by Shareholders accompanies this document. To be valid, forms of proxy must be completed
and returned so as to be received at either the offices of the Company's UK Registrar, Computershare Investor
Services Plc, The Pavilions, Bridgwater Road, Bristol, BS99 6ZZ or the offices of the Company's Canadian Registrar,
Computershare Investor Services Inc., 100 University Avenue, 8th Floor, Toronto, Ontario M5J 2Y1 by not later than
4.00 p.m. (London time) (11.00 a.m. Eastern time) on 24 June 2025. Alternatively, Shareholders can appoint a proxy
electronically by going to either www.eproxyappointment.com (for UK appointments) or www.investorvote.com (for
Canadian appointments) or, if they hold their shares in CREST, Shareholders can appoint a proxy using the CREST
electronic proxy appointment service, in each case by not later than 4.00 p.m. (London time) (11.00 a.m. Eastern
time) on 24 June 2025 in accordance with the instructions set out in the "Proxy Instructions" section below and the
form of proxy.
Completion and return of a form of proxy will not prevent Shareholders from attending and voting in person at the
AGM should they so wish.
Beneficial Shareholders (as defined in the "Voting by Beneficial Shareholders" section below on page 11) should note
that only registered Shareholders or their duly authorised proxy holders are entitled to vote at the AGM. Each
Beneficial Shareholder should ensure that their voting instructions are communicated to the appropriate person well
in advance of the AGM.
Electronic Communications
The Company actively encourages all shareholders to register for the electronic communications service. UK
Shareholders can elect for electronic communications and manage their shareholdings online at
www.investorcentre.co.uk. Canadian Shareholders can enr ol to receive future securityholder communications
electronically by visiting www.investorcentre.com.
Background
As I noted in our Annual Report, 2024 was a remarkable year in which the Group achieved some key milestones,
including receiving the renewal of the three-year GU trial mining license at the Coringa mine as well as installing and
commissioning the classification plant at the Coringa mine. The first five months of 2025 has continued in this way
as well, so we are on track with our plans for the current year which will build the platform for further future growth.
The matters being considered at the 2025 Annual General Meeting, as set out in the Notice, are items that are
routinely considered at such meetings.
I am very much looking forward to meeting with Shareholders at the AGM and having the opportunity to discuss with
them my hopes and expectations for Serabi for the future.
PRESS RELEASE 30 MAY 2025
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 e [email protected] www.serabigold.com not amount to an invitation or inducement
to Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
Canadian Designated Foreign Issuer Status
The Company is a "designated foreign issuer" for the purposes of Canadian Securities Administrators’ National
Instrument 71-102 - Continuous Disclosure and Other Exemptions Relating to Foreign Issuer ("NI 71 -102") and, as
such, the Company is not subject t o the same ongoing reporting requirements as most other reporting issuers in
Canada. Generally, the Company complies with Canadian ongoing reporting requirements by complying with the
regulatory requirements of AIM, which is a "foreign regulatory authority " (as defined in NI 71 -102), and filing any
documents required to be filed with or furnished to AIM with the securities regulatory authorities in Canada.
Recommendation and importance of vote
The Directors consider that the resolutions set out in the Notice being put to the AGM are in the best interests of the
Company and its Shareholders and are most likely to promote the success of the Company for the benefit of the
Shareholders as a whole.
Accordingly, the Directors unanimously recommend that Shareholders vote in favour of the proposed resolutions as
they intend to do so in respect of their own holdings, where relevant, amounting to an aggregate of 70,066 Ordinary
Shares, representing approximately 0.1% of the Company's Ordinary Shares in issue at the date of this document.
Yours faithfully
(Signed) "Michael D Lynch-Bell"
Michael D Lynch-Bell
Non-executive Chairman
PRESS RELEASE 30 MAY 2025
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 e [email protected] www.serabigold.com not amount to an invitation or inducement
to Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
Assay Results
Assay results reported within this release are those provided by the Company's own onsite
laboratory facilities at Palito and have not yet been independently verified. Serabi closely
monitors the performance of its own facility against results from independent laboratory
analysis for quality control purpose. As a matter of normal practice, the Company sends
duplicate samples derived from a variety of the Company's activities to accredited
laboratory facilities for independent verification. Since mid-2019, over 10,000 exploration
drill core samples have been assayed at both the Palito laboratory and certified external
laboratory, in most cases the ALS laboratory in Belo Horizonte, Brazil. When comparing
significant assays with grades exceeding 1 g/t gold, comparison between Palito versus
external results record an average over-estimation by the Palito laboratory of 6.7% over
this period. Based on the results of this work, the Company's management are satisfied
that the Company's own facility shows sufficiently good correlation with independent
laboratory facilities for exploration drill samples. The Company would expect that in the
preparation of any future independent Reserve/Resource statement undertaken in
compliance with a recognised standard, the independent authors of such a statement
would not use Palito assay results without sufficient duplicates from an appropriately
certificated laboratory.
Forward-looking statements
Certain statements in this announcement are, or may be deemed to be, forward looking
statements. Forward looking statements are identified by their use of terms and phrases
such as ‘‘believe’’, ‘‘could’’, “should” ‘‘envisage’’, ‘‘estimate’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘will’’
or the negative of those, variations or comparable expressions, including references to
assumptions. These forward-looking statements are not based on historical facts but rather
on the Directors’ current expectations and assumptions regarding the Company’s future
growth, results of operations, performance, future capital and other expenditures (including
the amount, nature and sources of funding thereof), competitive advantages, business
prospects and opportunities. Such forward looking statements reflect the Directors’ current
beliefs and assumptions and are based on information currently available to the Directors.
A number of factors could cause actual results to differ materially from the results
discussed in the forward-looking statements including risks associated with vulnerability to
general economic and business conditions, competition, environmental and other
regulatory changes, actions by governmental authorities, the availability of capital markets,
reliance on key personnel, uninsured and underinsured losses and other factors, many of
which are beyond the control of the Company. Although any forward-looking statements
contained in this announcement are based upon what the Directors believe to be
reasonable assumptions, the Company cannot assure investors that actual results will be
consistent with such forward looking statements.
Qualified Persons Statement
The scientific and technical information contained within this announcement has been
reviewed and approved by Michael Hodgson, a Director of the Company. Mr Hodgson is
an Economic Geologist by training with over 30 years' experience in the mining industry.
He holds a BSc (Hons) Geology, University of London, a MSc Mining Geology, University
of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and a
Chartered Engineer of the Engineering Council of UK, recognizing him as both a Qualified
Person for the purposes of Canadian National Instrument 43-101 and by the AIM Guidance
Note on Mining and Oil & Gas Companies dated June 2009.
Notice
Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by
the Financial Conduct Authority, is acting as nominated adviser to the Company in relation
to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the
Company and for no one else in relation to the matters described in this announcement
and is not advising any other person and accordingly will not be responsible to anyone
other than the Company for providing the protections afforded to clients of Beaumont
Cornish Limited, or for providing advice in relation to the contents of this announcement or
any matter referred to in it.
Neither the Toronto Stock Exchange, nor any other securities regulatory authority, has
approved or disapproved of the contents of this news release