REG-Result of AGM

Serabi GoldAnnouncement

Yesterday 16:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250627:nGNE4FS88H&default-theme=true


Results of Annual General Meeting

Serabi Gold plc (“Serabi” or the “Company”) (AIM:SRB, TSX:SBI,
OTCQX:SRBIF), the Brazilian focused gold mining and development company,
announces that at the Annual General Meeting of the Company held at 4:00 pm
(BST) on 26 June 2025, Shareholders approved all the ordinary and special
resolutions (the “Resolutions”) proposed in the notice of meeting dated 30
May 2025 (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 the Directors' Report and financial statements of the Company for the year ended 31 December 2024 be received and adopted.                                                                                                                                                                                                                                                                                     37,061,040  100%    1,045           0.00%  37,062,085    48.94%           166,665          
 2. To approve the Directors’ Remuneration Report for the year ended 31 December 2024 set out on pages 71-84 of the 2024 Annual Report (excluding the Remuneration Policy)                                                                                                                                                                                                                                              37,150,141  99.93%  27,723          0.07%  37,177,864    49.09%           50,886           
 3. To approve the Directors’ Remuneration Policy set out on pages 73-78 of the 2024 Annual Report.                                                                                                                                                                                                                                                                                                                     37,138,645  99.93%  27,719          0.07%  37,166,364    49.07%           62,386           
 4. To re-elect Mr Michael Hodgson as a Director.                                                                                                                                                                                                                                                                                                                                                                       37,109,983  99.85%  54,991          0.15%  37,164,974    49.07%           63,776           
 5. To re-elect Mr Luis Azevedo as a Director.                                                                                                                                                                                                                                                                                                                                                                          32,954,073  90.68%  3,388,277       9.32%  36,342,350    47.99%           886,400          
 6. To re-elect Mr Michael D Lynch-Bell as a Director.                                                                                                                                                                                                                                                                                                                                                                  22,000,192  99.92%  17,365          0.08%  22,017,557    29.07%           15,211,193       
 7. To re-elect Ms Deborah Gudgeon as a Director.                                                                                                                                                                                                                                                                                                                                                                       37,147,623  99.95%  17,336          0.05%  37,164,959    49.07%           63,791           
 8. To elect Mr Colm Howlin as a Director.                                                                                                                                                                                                                                                                                                                                                                              37,060,943  99.75%  93,416          0.25%  37,154,359    49.06%           74,391           
 9. To re-appoint PKF Littlejohn LLP as auditor of the Company.                                                                                                                                                                                                                                                                                                                                                         37,163,096  99.98%  8,263           0.02%  37,171,359    49.08%           57,391           
 10. To authorise the Audit and Risk Committee of the Company to fix the auditors' remuneration and the terms of their engagement.                                                                                                                                                                                                                                                                                      37,163,816  99.99%  3,915           0.01%  37,167,731    49.08%           61,019           
 11. That the Directors be and are hereby authorised to allot shares in the Company up to a nominal value of £2,500,000.                                                                                                                                                                                                                                                                                                36,972,011  99.50%  187,359         0.50%  37,159,370    49.07%           68,401           
 12. That subject to the passing of resolution 11, 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 sale under (a) for the purpose of a follow-on offer.                                                                                                                                      36,859,469  99.21%  294,048         0.79%  37,153,517    49.06%           74,254           
 13. That subject to the passing of resolution 11, the Directors, in addition to the authority granted under resolution 12, 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.   36,827,131  99.11%  331,724         0.89%  37,158,855    49.06%           68,916           
 14.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 one pence each in the capital of the Company                                                                                                                                             37,078,084  99.82%  67,316          0.18%  37,145,400    49.05%           83,350           

* ISC – Issued Share Capital

About Serabi Gold plc

Serabi Gold plc is a gold exploration, development and production company
focused on the prolific Tapajós region in Para State, northern Brazil. The
Company has consistently produced 30,000 to 40,000 ounces per year with the
Palito Complex and is planning to double production in the coming years with
the construction of the Coringa Gold project. Serabi Gold plc recently made a
copper-gold porphyry discovery on its extensive exploration licence. The
Company is headquartered in the United Kingdom with a secondary office in
Toronto, Ontario, Canada.

The person who arranged for the release of this announcement on behalf of the
Company was Andrew Khov, Vice President, Investor Relations & Business
Development.

Enquiries

 SERABI GOLD plc Michael Hodgson t +44 (0)20 7246 6830 Chief Executive m +44 (0)7799 473621   Colm Howlin m +353 89 6078171 Chief Financial Officer   Andrew Khov m +1 647 885 4874 Vice President, Investor Relations and Business Development   e contact@serabigold.com  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 t +44 (0)20 7418 9000   TAMESIS PARTNERS LLP Joint UK Broker  Charlie Bendon / Richard     
                                                                                                                                                                                                                                                                                                Greenfield t +44 (0)20 3882 2868   CAMARCO Financial PR - Europe  Gordon Poole / Emily Hall t +44 (0)20 3757 4980   HARBOR ACCESS  Financial PR – North America  Jonathan Patterson / Lisa Micali t +1 475 477 9404                                             

Copies of this announcement 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.

See www.serabigold.com for more information and follow us on X @Serabi_Gold

Assay Results 
Assay results reported within this release are those provided by the Company's
own onsite 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 recognised 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.
A number of 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