SRBIFSerabi Gold Plc

About Serabi Gold Plc (SRBIF)

Serabi Gold Plc (SRBIF) is a Gold company headquartered in London, ENG, United Kingdom whose shares trade over-the-counter on the OTCQX tier.

Serabi Gold plc is a gold exploration and production company involved in the evaluation and development of gold deposits in Brazil. The company's primary interests are its 100% owned Palito Mining Complex and the Coringa Gold Project, both located in the Tapajos region of northern Brazil. The Company has been producing gold since continuously since 2013 and planned production of 38,000-40,000 ounces for 2024 is projected to be expanded to an annual rate of over 60,000 ounces over the coming two years. The Tapajos region, which encompasses an area of about 100,000 square kilometres (350 km by 300 km) in southwest Para State, Brazil, is located approximately 1,300 km southwest from the state capital, Belem. Artisanal miners ("garimpeiros") are understood to have extracted up to 30 million ounces of gold there since the 1970s, mostly from alluvial and surface weathered bedrock deposits representing generally only the top 20 to 30 metres. It is reported to be the world's third largest alluvial gold field and the Company believes that the region, with significant mineral potential below the artisanal operation, is a major, under-explored mineral province. Whilst the Company's principal focus is on gold exploration and production, during 2023 it entered into an exploration alliance with Vale, the Brazil mining group, for exploration for significant copper deposits within the Company's tenements around the Palito Complex.

Products and services

We are a gold exploration and production company involved in the evaluation and development of gold deposits in the Tapajos region of Brazil. With little past systematic exploration undertaken in the region, we believe the Tapajos presents a unique and exciting opportunity for gold mining. Serabi Gold has been present in the Tapajos region of Brazil for over 20 years, during which time it has established a loyal and committed workforce and developed strong relationships with local communities and government agencies. The goal of management is to build on this base to grow Serabi’s gold production and resource inventory in a measured and sustainable manner, minimising financial, environmental and social risk as much as possible.

SRBIF key facts

Ticker symbol

SRBIF

Market tier

OTCQX

Sector

Basic Materials

Industry

Gold

Headquarters

London, ENG, United Kingdom

Country of incorporation

GB

Year of incorporation

2004

Employees

650

Estimated market cap

$155.26M (as of Apr 11, 2025)

Shares outstanding

75,734,551

Reporting standard

International Reporting: LSE - London Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Interim Financial Report (Sep 30, 2024)

Serabi Gold Plc leadership

• Mike Hodgson — CEO
• Trevor Arthur Gill — Managing Director, Consultant
• Colm Howlin — CFO
• Andrew Khov — VP, Investor Rel., Business Development

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