SERABI GOLD


Associated tags: Gold, Mining, AIM, TSX, SRB

Locations: NI, ISLA, NEW YORK, NY, DOWNSIDE SURREY, GB, ROM, PLANO, EUROPEAN UNION, EU, VALE

Uranium, Battery, and Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Retrieved on: 
Friday, May 3, 2024

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Uranium, Battery and Precious Metals Virtual Investor Conference held April 30th through May 2nd are now available for online viewing.

Key Points: 
  • NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Uranium, Battery and Precious Metals Virtual Investor Conference held April 30th through May 2nd are now available for online viewing.
  • The company presentations will be available 24/7 for 90 days.
  • Investors, advisors, and analysts may download investor materials from the company’s resource section.
  • Select companies are accepting 1x1 management meeting requests through May 7th.

Q1 2024 Production Results and Operational Highlights

Retrieved on: 
Wednesday, April 17, 2024

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

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

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.

OTC Markets Group Welcomes Serabi Gold Plc to OTCQX

Retrieved on: 
Monday, February 12, 2024

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Serabi Gold Plc (AIM: SRB; TSX: SBI; OTCQX: SRBIF), a Brazilian-focused gold mining and development company, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Serabi Gold Plc (AIM: SRB; TSX: SBI; OTCQX: SRBIF), a Brazilian-focused gold mining and development company, has qualified to trade on the OTCQX® Best Market.
  • Serabi Gold Plc upgraded to OTCQX from the Pink® market.
  • Serabi Gold Plc begins trading today on OTCQX under the symbol “SRBIF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Serabi’s CEO, Mike Hodgson commented, “We are delighted to qualify for the premier tier on OTC Markets.

Commencement of Trading on OTCQX

Retrieved on: 
Monday, February 12, 2024

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

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

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

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.