SERABI GOLD PLC

Serabi Gold plc - Total Voting Rights

Serabi Gold plc - Total Voting Rights

For immediate release

            2 July 2018

Serabi Gold plc

(“Serabi” or the “Company”)

 Total Voting Rights

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, announces, for the purposes of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the following:

As at the date of this announcement, the Company's issued share capital consists of 58,764,072 Ordinary Shares with a nominal value of 10.0p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of Ordinary Shares in the Company with voting rights is 58,764,072.

The above figure of 58,764,072 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

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:

Website: 

Beaumont Cornish Limited

Nominated Adviser and Financial Adviser          

Roland Cornish                  Tel: +44 (0)20 7628 3396

Michael Cornish                                Tel: +44 (0)20 7628 3396

Peel Hunt LLP

UK Broker          

Ross Allister                        Tel: +44 (0)20 7418 9000

James Bavister                  Tel: +44 (0)20 7418 9000

Blytheweigh

Public Relations              

Tim Blythe                           Tel: +44 (0)20 7138 3204

Camilla Horsfall                 Tel: +44 (0)20 7138 3224

EN
02/07/2018

Reports on SERABI GOLD PLC

David Seers
  • David Seers

Serabi Gold (SRB LN) - Q1 Production update - BUY

Serabi today provides an operation update for the first quarter of FY 2025 from its Palito mine and mill and the satellite Coringa mine in Brazil. The operations continue to deliver with gold production up, and a strengthening cash position. The company is assessing its options to return capital to its shareholders which we believe the market will view positively. We continue to see 216p fair value in Serabi.

David Seers
  • David Seers

Serabi Gold - (SRB LN) - Restating our case - BUY

Amidst the general market malaise Serabi’s share price, like that of many others, has suffered in recent weeks (and days!). We initiated on Serabi in February (Serabi Gold - Initiation: Growing on solid foundations) with a buy rating when shares were trading at 168p, they have since fallen around 27% to 123p. Here we reiterate the case for Serabi Gold, our mining conviction pick for 2025.

David Seers
  • David Seers

Audio Note: Serabi Gold - Initiation: Growing on solid foundations

In this audio note, Zeus’ David Seers summarises the investment case for Serabi Gold. Serabi is our Zeus conviction buy stock for the mining sector in 2025. It is an established gold miner with two long-life assets in the Tapajós region of Brazil: with underground mines at Coringa and Palito feeding into the Palito mill.

David Seers
  • David Seers

Serabi Gold (SRB LN) - Initiation: Growing on solid foundations - BUY

Serabi is our Zeus conviction buy stock for the mining sector in 2025. It is an established gold miner with two long-life assets in the Tapajós region of Brazil: with underground mines at Coringa and Palito feeding into the Palito mill. Gold production in 2024 was 37.5koz, a 13% increase on the previous year, and sights are set on delivering a 60koz/yr capacity as soon as 2026 (within existing operations and for minimal capital cost), and there is the potential to produce at 100koz/yr, although ...

Andy Hanson ... (+10)
  • Andy Hanson
  • Bob Liao
  • Brendan Long
  • Carl Smith
  • Daniel Slater
  • David Seers
  • John Cummins
  • Rachel Birkett
  • Robin Byde
  • Robin Savage

Audio Note: Zeus Top Picks for 2025

Welcome to Zeus’ Top Picks 2025. Every year since 2021 Zeus analysts have selected their highest conviction UK SMID cap stocks over a one-year investment horizon. In 2024 Zeus analysts selected nine stocks across various sectors, focusing predominantly on the UK AIM market. These stocks provided an average total return of 16.3%, beating the AIM All Share benchmark by 18.7ppts*.

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