Serabi Gold, the Brazilian focused gold mining and exploration company announces a further operational update on its Palito gold mine, an update on the proposed acquisition of Kenai Resources and the appointment of a new non-executive director. Operational Update The Company is continuing to make good progress with the development and start-up of gold mining operations at its wholly owned high-grade Palito gold mine [...]
The Boards of Directors of Serabi Gold and Kenai Resources announce that they have entered into an agreement, subject to the approval of shareholders of Kenai and other conditions precedent, whereby Serabi will acquire all the issued and outstanding common shares of Kenai by way of a Plan of Arrangement.
Serabi, the Brazilian focused gold mining and exploration company, today releases its audited results for the year ended 31 December 2012. Serabi's Directors Report and Financial Statements for the year ended 31 December 2012 together the Chairman's Statement and the Management Discussion and Analysis, will be available from the Company's website (www.serabigold.com) and will be posted on SEDAR at www.sedar.com.
Serabi Gold, the Brazilian focused gold mining and exploration company announces its second operational update on progress with the development and start-up of gold mining operations at its 100 per cent owned high-grade Palito gold mine, located in Para state. Highlights: Completed dewatering of the mine in January 2013 New mine management and technical team commenced in mid-January First items of mining fleet arrived [...]
The Company announces that on 26 January 2013 the board of directors of Serabi agreed to award in aggregate 13,600,000 new options over ordinary shares to its Executive Directors and non-executive Directors (representing 3.76% of the current issued share capital of 361,268,529 ordinary shares). With the exception of the award to Dr. Jones, the options are exercisable at 6.1 pence which compares to the closing mid-market [...]
Following the completion of a share placing, which resulted in the issue of 270,000,000 new Ordinary shares in the company and raising of gross proceeds of UK£ 16.2 million, Serabi Gold, the Brazilian focused gold exploration and development company announces the following operational update on progress with the development and start-up of gold mining operations at its 100 per cent owned high-grade Palito gold mine [...]
Serabi, the Brazilian focused gold exploration and development company, announces that the conditional subscription by Fratelli Investments Limited and parties acting in concert with it has been completed, conditional upon admission of the new Ordinary Shares to AIM and the TSX. On 1 October 2012, the Company entered into a conditional subscription agreement with Fratelli Investments to subscribe for and underwrite a [...]
Serabi, the Brazilian focused gold exploration and development company, today announces that the resolution to approve a waiver of an obligation under Rule 9 of the City Code on Takeovers and Mergers (the "Waiver") in respect of the conditional subscription by Fratelli Investments Limited and parties acting in concert with it (the "Concert Party") was duly approved today by Independent Shareholders via a poll at the [...]
Serabi Gold advises that, following a previous announcement that on 1 October 2012 that Company had entered into a conditional underwritten share placement to raise gross proceeds of UK£ 16,2 million, it has now issued and posted to all shareholders notice of a General Meeting of shareholders to approve a waiver of an obligation under Rule 9 of the City Code on Takeovers and Mergers ("the Waiver"). The General Meeting is [...]
Serabi Gold, the Brazilian focused gold exploration and development company, advises that it has today published its unaudited financial results for the 3 month and 9 month periods ended 30 September 2012 and at the same time has also published its Management Discussion and Analysis for the same periods. Both documents, together with this announcement, have been posted on the Company's website at www.serabigold.com and [...]
Serabi Gold, the Brazilian focused gold exploration and development company is pleased to announce that it has entered into a conditional subscription agreement with Fratelli Investments Limited(1) (2), one of its major shareholders, to subscribe for and underwrite a placement of new shares to raise in aggregate UK£ 16.2 million to finance the development and start-up of underground mining operations at its Palito gold [...]
Serabi Gold, the Brazilian focused gold exploration and development company, advises that it has today published its unaudited financial results for the 3 month and 6 month periods ending 30 June 2012 and at the same time has also published its Management Discussion and Analysis for the same periods. Both documents, together with this announcement, have been posted on the Company's website at www.serabigold.com and are [...]
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