REG-Serabi Gold plc : Results of Annual General Meeting and Board Changes <Origin Href="QuoteRef">SRB.L</Origin>

Serabi GoldAnnouncement

16/06/2017 07:05

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For immediate release
16 June 2017
Serabi Gold Plc
("Serabi" or the "Company")

Results of Annual General Meeting and Board Changes

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 on 15 June 2017, shareholders approved all the ordinary and
special resolutions proposed in the notice of meeting dated 12 May 2017.

In compliance with Section 461.4 of the TSX Company Manual, this release also
sets out the results of the vote for the election of directors at the
Company's Annual General Meeting.

The individuals identified in the management information circular of the
Company dated 12 May 2017 (the "Circular") as offering themselves for
re-election and set forth below, were elected as directors of the Company. 
The votes cast in respect of the re-election of each Director were as follows:

 DIRECTOR           VOTES FOR      %    VOTES AGAINST    %   VOTES TOTAL  % of ISC* VOTED  VOTES WITHHELD  
 T Sean Harvey      407,518,750  100.00          3,085  0.00  407,521,835           58.33%          99,323 
 Eduardo Rosselot   407,609,083  100.00          3,585  0.00  407,612,668           58.34%           8,490 
 Aquiles Alegria    407,588,750  100.00          3,085  0.00  407,591,835           58.34%          29,323 

* ISC - Issued Share Capital

The Company further advises that Mr. T. Sean Harvey has stepped down from his
role as Chairman of the Board, but will remain as a non-executive director of
the Company.  Mr. Mel Williams, will take over as Chairman with immediate
effect.

Mr Michael Hodgson, the CEO of Serabi, commented;
"Sean has been Chairman of the Company since 2011, overseeing the Company's
listing on the TSX, as well as the development and growth of the Company
through what have been, at times, difficult markets conditions.  His
knowledge and guidance has, and will continue to be, valuable.  Whilst he
feels with his other commitments, he is no longer able to dedicate the time
and effort he considers the role requires going forward, I am pleased that the
Board will continue to benefit from his experience and counsel.  Mel Williams
has been a Director of the Company since 2011 and the head of Serabi's Audit
Committee.  He has been Finance Director for a number of gold mining
companies through his career and as a result has a wealth of operational
experience making him a strong replacement as Chairman."

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 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 news release.

ENDS
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq 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