LONDON, March 31, 2015 (GLOBE NEWSWIRE) -- Serabi (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, today releases its audited results for the year ended 31 December 2014. Key Financial Information 2014 US$ 2013 US$ Revenue 12,627,784 – Cost of Sales (9,697,665) – Depreciation and amortisation charges (2,633,578) – Gross profit...
Serabi Gold, the Brazilian focused gold mining and development company, is pleased to provide a further operational update on its wholly owned Sao Chico Gold operation in the Tapajos region of Para State, Northern Brazil. On 20 January 2015, the Company reported that underground development had just intersected the Main Vein, the principal identified structure at Sao Chico. The Company has now sampled the vein and [...]
The Company announces that on 22 January 2015 the board of directors of Serabi agreed to award in aggregate 15,000,000 new options over ordinary shares to employees, directors and officers of the Company. The option grant is part of the Company's annual compensation review and the issuance is made under the Serabi 2011 Share Option Plan which the Company adopted on 28 January 2011 and was re-affirmed by shareholders at [...]
LONDON, Jan. 20, 2015 (GLOBE NEWSWIRE) -- Serabi Gold Plc (AIM:SRB) (TSX:SBI), the Brazilian focused gold mining and development company, is pleased to provide an operational update for the fourth quarter of 2014 on its wholly owned Palito and Sao Chico Gold operations in the Tapajos region of Para State, Northern Brazil. HIGHLIGHTS Gold production for 2014 totalled 18,452 ounces Current forecast for gold production [...]
Serabi Gold, the Brazilian focused gold mining and development company, is pleased to announce that it has completed the drawdown of the US$8 million secured loan facility arrangement with the Sprott Resource Lending Partnership, announced on 29 September 2014. Mike Hodgson CEO, commented "We have been making excellent progress on the development of Sao Chico and I expect that we will reach the first intersection with [...]
Serabi Gold, the Brazilian focused gold mining and development company, is pleased to announce that the latest corporate update video from its Palito gold mine, has been issued today and is available for viewing on its website at www.serabigold.com or by using the link below
Serabi Gold announces the following transaction in the ordinary shares of the Company undertaken by a party in which Mr Nicolas Banados, a director of the Company has a beneficial interest. The Company was informed on 4 December 2014 that on 2 December 2014, Fondo de Inversion Privado Santa Monica transferred its holding of 22,140,000 Ordinary Shares to Inversiones Villarrica Limitada pursuant to a reorganisation at a [...]
Serabi Gold is pleased to announce that the Departamento Nacional De Produção Mineral, has formally approved the Final Exploration Report submitted by Serabi for the Sao Chico gold project. Mike Hodgson CEO commented "Whilst this represents only the first stage of the approval process for the award of the full mining licence and there are further reports to submit over the coming months, we view this first [...]
Serabi Gold, the Brazilian focused gold mining and development company, today releases its unaudited financial results for the three and nine month periods ending 30 September 2014 and at the same time has published Management's Discussion and Analysis for the same periods. Operational Highlights – For three and nine month periods ending 30 September 2014 Gold production of 5,002(1) ounces for the third quarter [...]
Serabi Gold is pleased to provide an operational update for the third quarter of 2014 on its wholly owned Palito and Sao Chico Gold operations in the Tapajos region of Para State, Northern Brazil. HIGHLIGHTS Palito The Carbon in Pulp plant ("CIP") is now fully commissioned and in operation. First elution and gold pour is expected by mid-October. Year to date gold production is 10,544 ounces with 5,002 ounces produced [...]
Serabi Gold is pleased to announce the appointment of Mr. Felipe Swett as a Non-Executive Director of the Company with immediate effect. Mr. Swett is a Partner and heads the asset management team at Asset Chile, a Chilean-based investment bank. Mr. Swett joined Asset Chile in 2003 as an Analyst and as part of the corporate finance team and has led the Asset Management division since 2010. Mr Swett holds a degree in Civil [...]
Serabi Gold, the Brazilian focused gold mining and development company, is pleased to announce that it has entered into a US$8 million secured loan facility arrangement with the Sprott Resource Lending Partnership, part of the Sprott Inc. group of companies, one of Canada's largest, resource focused, investment management businesses. Mike Hodgson CEO, in announcing the completion of the transaction, said "I view the [...]