The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
PRESS RELEASE 19 JUNE 2026
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
Results of Annual General Meeting
Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian -focused gold mining and development company,
announces that at the Annual General Meeting of the Company held at 3:00pm on 18 June 202 6, the
ordinary and special resolutions (the “Resolutions”) proposed in the notice of meeting dated 22 May 2026
(the "Notice of Meeting”) were voted via a poll as follows:
Unless otherwise stated all defined terms in this announcement are consistent with the definitions set out in the
Notice of Meeting.
RESOLUTION
VOTES
FOR %
VOTES
AGAINST %
VOTES
TOTAL
% of ISC*
VOTED
VOTES
WITHHELD
1. That the Directors' Report and
financial statements of the Company
for the year ended 31 December
2025 be received and adopted.
15,314,622 99.94% 9,813 0.06% 15,324,435 20.08% 19,039,905
2. To declare a final dividend of 5
pence per ordinary share for the year
ended 31 December 2025.
15,426,627 99.95% 8,374 0.05% 15,435,001 20.23% 18,929,339
3. To approve the Directors’
Remuneration Report for the year
ended 31 December 2025 set out on
pages 82 to 93 of the 2025 Annual
Report (excluding the Remuneration
Policy).**
7,350,751 47.66% 8,073,405 52.34% 15,424,156 20.21% 18,940,184
4. To approve the Directors’
Remuneration Policy set out on
pages 85 to 89 of the 2025 Annual
Report.**
7,656,210 49.63% 7,769,379 50.37% 15,425,589 20.21% 18,938,751
5. To re-elect Mr Michael Lynch-Bell
as a Director.
14,566,497 94.56% 837,257 5.44% 15,403,754 20.19% 18,960,586
6. To re-elect Mr Michael Hodgson as
a Director.
14,928,431 96.87% 481,831 3.13% 15,410,262 20.19% 18,954,078
7. To re -elect Mr Colm Howlin as a
Director.
14,768,001 95.83% 641,971 4.17% 15,409,972 20.19% 18,954,368
8. To re -elect Mr Luis Azevedo as a
Director.
10,960,046 71.13% 4,447,918 28.87% 15,407,964 20.19% 18,956,376
9. To re-elect Ms Deborah Gudgeon
as a Director.
15,105,868 98.04% 302,366 1.96% 15,408,234 20.19% 18,956,106
10. To re -appoint PKF Littlejohn LLP
as auditor of the Company. 15,454,124 99.82% 27,764 0.18% 15,481,888 20.29% 18,953,941
11. To authorise the Audit and Risk
Committee of the Company to fix the
auditors' remuneration and the
terms of their engagement.
15,412,434 99.85% 22,437 0.15% 15,434,871 20.23% 18,929,437
PRESS RELEASE 19 JUNE 2026
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
12. That the Directors be and are
hereby authorised to allot shares in
the Company up to a nominal value
of £2,500,000.
14,524,753 94.15% 902,058 5.85% 15,426,811 20.22% 18,937,529
13. That subject to the passing of
resolution 1 2, the Directors are
empowered to allot equity securities
for cash, up to (a) a maximum
nominal value of £757,000 and (b) a
further nominal amount of 20% of
the allotment or s ale under (a) for
the purpose of a follow-on offer.
14,552,790 94.41% 861,226 5.59% 15,414,016 20.20% 18,950,324
14. That subject to the passing of
resolution 1 2, the Directors, in
addition to the authority granted
under resolution 1 3, are empowered
to allot equity securities for cash, up
to (a) a maximum nominal value of
£757,000 for the purpose of
financing an acquisition or other
capital investment and (b) a further
nominal amount of 20% of the
allotment or sale under (a) for the
purpose of a follow-on offer.
14,357,188 93.11% 1,062,100 6.89% 15,419,288 20.21% 18,945,052
15.That the Company be and is
hereby unconditionally and generally
authorised for the purpose of section
701 of the Companies Act 2006 to
make market purchases (as defined
in section 693 of that Act) of ordinary
shares of 10 pence each in the capital
of the Company
15,391,404 99.74% 39,890 0.26% 15,431,294 20.22% 18,933,046
* ISC – Issued Share Capital
** Advisory resolutions
The person who arranged for the release of this announcement on behalf of the Company was Andrew Khov, Vice
President, Head of Investor Relations & Business Development.
Enquiries
SERABI GOLD plc
Michael Hodgson t +44 (0)20 7246 6830
Chief Executive m +44 (0)7799 473621
Andrew Khov m +1 647 885 4874
Vice President, Head of Investor Relations &
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 / Georgia Langoulant t +44 (0)20 7418 9000
TAMESIS PARTNERS LLP
Joint UK Broker
Charlie Bendon/ Richard Greenfield t +44 (0)20 3882 2868
PRESS RELEASE 19 JUNE 2026
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
CAMARCO
Financial PR
Georgia Edmonds / Fergus Young t +44 (0)20 3757 4980
Copies of this announcement are available from the Company's website at www.serabigold.com.
See www.serabigold.com for more information and follow us on twitter @Serabi_Gold
Assay Results
Assay results reported within this release include those provided by the Company's own
on-site 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 recognized 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. Several 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