DOWNSIDE SURREY

Q1 2024 Production Results and Operational Highlights

Retrieved on: 
Wednesday, April 17, 2024
Horizontal, ECI, Gold, PBA, ANM, IPE, Mining, Palladium

Total production for the first quarter was 9,007 ounces, 5,136 ounces from Palito Complex ounces and 3,871 ounces from Coringa.

Key Points: 
  • Total production for the first quarter was 9,007 ounces, 5,136 ounces from Palito Complex ounces and 3,871 ounces from Coringa.
  • The Coringa ore is being derived from the development and some stoping of the Serra orebody, the first sector in the Coringa complex.
  • The Coringa orebody continues to perform well, with the uppermost 320m and 290m levels in production and development well advanced on levels 260m and 225m.
  • In January 2024, the Company received the renewal of the GUIA trial mining license, for a period of three years.

Conditional Share Awards

Retrieved on: 
Thursday, March 28, 2024
Annual, BMO, Total shareholder return, KPI, News, ROCE, Index, VWAP

Serabi announces that on 27 March 2024 the Board of Directors agreed to award in aggregate 310,922 Conditional Share Awards to employees of the Company.

Key Points: 
  • Serabi announces that on 27 March 2024 the Board of Directors agreed to award in aggregate 310,922 Conditional Share Awards to employees of the Company.
  • None of the awards have been made to Directors of the Company The awards are part of the Company's normal compensation review for senior management and the issuance is made under the Serabi 2020 Restricted Share Plan (the “2020 Plan”) which was approved by shareholders on 16 June 2020 and adopted by the Board on 10 November 2020.
  • The underlying shares to be issued pursuant to each of the Conditional Share Awards will only be issued and the rights transferred to the employees after the completion of the performance period and only in such amount (if any) as is required based on the achievement of the performance criteria.
  • Following these latest awards there are 2,814,541 Conditional Share Awards in issue representing 3.7% of the issued share capital of the Company.

Launch of Updated Website

Retrieved on: 
Monday, February 12, 2024
ALS

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.

Key Points: 
  • 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.
  • 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.

Commencement of Trading on OTCQX

Retrieved on: 
Monday, February 12, 2024
SRB, TSX, Gold, AIM, SBI, London Stock Exchange, OTCQX, Security (finance)

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to announce that its ordinary shares are now trading on the OTCQX under the ticker symbol of SRBIF.

Key Points: 
  • Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to announce that its ordinary shares are now trading on the OTCQX under the ticker symbol of SRBIF.
  • The OTCQX is the highest market tier of OTC Markets on which global securities trade.
  • Trading on OTCQX will enhance the visibility, liquidity and accessibility of the Company to U.S. investors.
  • Securing a quotation on OTCQX will simplify the ability for US based investors to invest in Serabi’s ordinary shares without the need to establish trading accounts in either the UK or Canada.

Director/PDMR Shareholding

Retrieved on: 
Friday, February 2, 2024
KPI, Annual, Total shareholder return, Index, BMO, ROCE

Serabi announces that on 1 February 2024 the Board of Directors agreed to award in aggregate 888,019 Conditional Share Awards to employees (including directors) of the Company.

Key Points: 
  • Serabi announces that on 1 February 2024 the Board of Directors agreed to award in aggregate 888,019 Conditional Share Awards to employees (including directors) of the Company.
  • Shareholders confirmed the Board’s continuing authority to make awards under the 2020 Plan at the Annual General Meeting held on 27 June 2023.
  • The awards are subject to a three-year performance period during which time certain performance criteria stipulated by the Board must be attained.
  • 30% of the award is subject to Return on Capital Employed (where ROCE premium over Weighted Average Cost of Capital (“WACC”) must be in excess of 1.05 times.

Trial mining license at Coringa renewed for a further three years

Retrieved on: 
Wednesday, January 31, 2024
AIM, GU, ANM, FY, News, TSX, Mining, SRB, Gold, Rare-earth element

Trial mining license at Coringa renewed for a further three years.

Key Points: 
  • Trial mining license at Coringa renewed for a further three years.
  • Serabi Gold plc (“Serabi” or the “Company”) (AIM: SRB, TSX: SBI), is pleased to announce a three year renewal of the trial mining licence for its wholly owned Coringa mine (“Coringa”).
  • The National Mining Agency (ANM) has issued a renewal of the Company’s trial mining licence (“GU") for Coringa for an additional three years, demonstrating continued stakeholder support for Coringa.
  • The GU permits the transport of up to 50,000 tonnes of ore per annum from Coringa, to be processed at the Palito Complex.

Q4 & Full Year 2023 Production Results and Operating Highlights

Retrieved on: 
Monday, January 29, 2024
Comex, AIM, Gold, Total, Horizontal, CapeNature, Partnership, CFA, Mining, Business development, CPA, Optimism, TSX, SRB, IPE, Probability, Workforce, News

Q4-2023 gold production of 7,891 ounces; FY2023 gold production of 33,153 ounces, a 4.2% improvement to FY2022.

Key Points: 
  • Q4-2023 gold production of 7,891 ounces; FY2023 gold production of 33,153 ounces, a 4.2% improvement to FY2022.
  • Coringa contributed 2,694 ounces of gold production in Q4 at mined grades of 6.33 g/t gold.
  • Appointed Andrew Khov, CPA, CA, CFA as its new Vice President, Investor Relations & Business Development, based in Toronto, Ontario, Canada.
  • “A satisfactory fourth quarter means gold production for the year has been 33,153 ounces which is a 4.2% improvement to 2022.

Holding(s) in Company – TR1 Notification

Retrieved on: 
Thursday, January 4, 2024

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

Key Points: 

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above