Results of Annual General Meeting

Serabi Gold plc

For immediate release

29 June 2022

Serabi Gold Plc

(“Serabi” or the “Company”)

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 2:00 pm on 28 June 2022, Shareholders approved all the ordinary and special resolutions (the “Resolutions”) proposed in the notice of meeting dated 30 May 2022 (the "Notice of Meeting”).

Unless otherwise stated all defined terms in this announcement are consistent with the definitions set out in the Notice of Meeting.

 

The voting was determined by a poll and the results in respect of each Resolution were as follows:

RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC* VOTED	VOTES WITHHELD
1. That Mr. Clive Line be re-elected as a Director of the Company.	32,353,208	99.98%	5,321	0.02%	32,358,529	42.73%	30,000
2. That Mr. Aquiles Alegria be re-elected as a Director of the Company.	32,330,150	99.99%	7,379	0.02%	32,337,529	42.70%	51000
3 . That Mr. Nicolas Bañados be re-elected as a Director of the Company.	30,601,237	96.00%	6,292	0.02%	30,607,529	40.41%	1,781,000
4. 1. That the Directors are authorised to allot shares, grant rights or convert any security up to a nominal value of £2,500,000.	31,516,066	99.62%	40,619	0.13%	31,556,685	41.67%	831,844
5. That subject to the passing of Resolution 4 the Directors are authorised to allot equity securities for cash otherwise than on a pre-emptive basis up to a nominal value of £375,000.	31,520,916	99.49%	40,769	0.13%	31,561,685	41.67%	831,844
6. That subject to the passing of Resolution 4 and in addition to the authority granted under resolution 5, the Directors are authorised to allot equity securities for cash otherwise than on a pre-emptive basis up to a nominal value of £375,000 for the purposes of financing a transaction.	31,520,916	99.49%	40,769	0.13%	31,561,685	41.67%	826,844

* ISC – Issued Share Capital

 

Enquiries:

 

Serabi Gold plc
Michael Hodgson	Tel: +44 (0)20 7246 6830
Chief Executive	Mobile: +44 (0)7799 473621
Clive Line	Tel: +44 (0)20 7246 6830
Finance Director	Mobile: +44 (0)7710 151692
Email: contact@serabigold.com
Website: www.serabigold.com
Beaumont Cornish Limited Nominated Adviser and Financial Adviser
Roland Cornish / Michael Cornish	Tel: +44 (0)20 7628 3396
Peel Hunt LLP Joint UK Broker
Ross Allister / Alexander Allen	Tel: +44 (0)20 7418 9000
Tamesis Partners LLP Joint UK Broker
Charlie Bendon / Richard Greenfield	Tel: +44 (0)20 3882 2868
Camarco         Financial PR
Gordon Poole / Emily Hall	Tel: +44(0) 20 3757 4980

 

Copies of this release 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.

 

ENDS