Notice of Annual General Meeting

For immediate release

            21 May 2020

Serabi Gold plc
(“Serabi” or the “Company”)
 Notice of Annual General Meeting and proposed Board changes

The Company announces that its Annual General Meeting will be held on Tuesday 16 June 2020, at the offices of Farrer & Co. LLP, 20/23 Lincoln's Inn Fields London WC2A 3LH England at 2.00 pm (BST). The Company has published the formal notice of the meeting (the “Notice”) on its website which can be accessed using the following link https://bit.ly/2y6uTxP.  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 2019 Annual Report is being posted to all shareholders who are required to receive or have formally requested to receive these documents.

Copies of the 2019 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 Mel Williams, which is set out below in Appendix 1.

Changes to the format of the AGM

At the current time mandatory measures to reduce the transmission of COVID-19 remain in place.  These mandatory measures continue to prohibit, amongst other things, individuals engaging in non-essential travel and public gatherings of people save where the gathering is essential for work purposes (the “Stay at Home Measures”).

Whilst the Company remains legally required to hold its AGM, the Stay at Home Measures, if still in place at the time of the Meeting, will significantly restrict the Company’s ability to follow the normal AGM format.  In order to ensure that shareholders can comply with the Stay at Home Measures, if these measures are still in place at the time of the Meeting, the Board has concluded that shareholders should not plan to attend the Meeting in person. 

It is currently intended that the Meeting will be held with only the minimum number of shareholders present as required to form a quorum under the Company’s articles of association, and who are essential for the business of the Meeting to be conducted.  These attendees will be officers or employees of the Group.  The results of the votes on the proposed resolutions will be announced in the normal way as soon as practicable after the conclusion of the Meeting.