REG-Serabi Gold plc : Notice of AGM <Origin Href="QuoteRef">SRB.L</Origin>

Serabi GoldAnnouncement

13/05/2016 07:05

For immediate release 
              13 May 2016 
 
 Serabi Gold plc 
 ("Serabi" or the "Company") 
  Notice of Annual General Meeting and Special Meeting (1) 
 
 The Company announces that its Annual General Meeting will be held on 16 June
2016, at the offices of Farrer & Co. LLP, 20/23 Lincoln's Inn Fields London
WC2A 3LH England at 11.00 am. The Company has published the formal notice of
the meeting (the "Notice") on its website at
http://www.serabigold.com/investor-centre/public-filings-regulatory-documents
.  Proxy voting forms are being posted to all shareholders providing details
of how to access the Notice and instructions for voting.  A copy of the
Notice together with proxy voting forms and a copy of the 2015 Annual Report
is being posted to all shareholders who are required to receive or have
formally requested to receive these documents. 
 
 Copies of the 2015 Annual Report are available from the Company's website at
www.serabigold.com. 
 
 The Notice contains a letter from the Chairman of the Company, Mr Sean
Harvey, which is set out below in the Appendix. 
 
 (1)           Certain resolutions to be proposed at the meeting
will be special resolutions requiring approval of more than 75% of the votes
cast. Under Canadian National Instrument 54-101, the meeting therefore also
constitutes a Special Meeting. 
 
 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                                
  Roland Cornish                                Tel: +44 (0)20 7628 3396     
  Michael Cornish                               Tel: +44 (0)20 7628 3396     
                                                                           
  Peel Hunt LLP UK Broker                                                   
  Matthew Armitt                                Tel: +44 (0)20 7418 9000     
  Ross Allister                                 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     
 
 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. 
 
 Appendix 
 The letter from the Chairman of the Company included in the Notice is
reproduced below (without material adjustment): 
 
 Dear Shareholder 
 
 This document provides the formal notice (the "Notice") of the 2016 Annual
General Meeting and Special Meeting of the Company to be held at the offices
of Farrer & Co LLP, 20/23 Lincoln's Inn Fields, London WC2A 3LH, England on 16
June  2016 at 11.00 am (London time) (the "Meeting").  This document also
includes additional information that the Company as a "reporting issuer" in
Canada is required to make available pursuant to the requirements of National
Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") of the
Canadian Securities Administrators. 
 
 Background 
 The matters being considered at the 2016 Annual General Meeting and Special
Meeting set out in the Notice are for the most part, items that are routinely
considered at such meetings.  The Company now has both the Palito and Sao
Chico Gold Mines in commercial production and is actively seeking
opportunities for further expansion of its gold production through selective
acquisition and organic growth. The Board believes that opportunities to
develop the Company may arise over the next twelve months and for this reason
is requesting Shareholders to authorise the Board to issue new shares to allow
the Company to pursue and commit to these opportunities quickly as and when
they arise. 
 
 Recommendation 
 The Directors consider that the resolutions set out in the Notice being put
to the Annual General Meeting and Special Meeting are in the best interests of
the Company and its Shareholders and are most likely to promote the success of
the Company for the benefit of the Shareholders as a whole. 
 
 Accordingly, the Directors unanimously recommend that Shareholders vote in
favour of the proposed resolutions as they intend to do in respect of their
own holdings, where relevant, amounting to an aggregate of 25,246,920 Ordinary
Shares, representing approximately 3.85 per cent. of the Company's Ordinary
Shares. 
 
 Yours faithfully 
 
 T Sean Harvey 
 Non-executive Chairman 
 ENDS 
 

 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX Corporate Solutions clients. 
 The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein. 
 Source: Serabi Gold plc via Globenewswire 
 HUG#2012365