Results of Annual General Meeting

For immediate release

29 June 2022

Serabi Gold Plc

(“Serabi” or the “Company”)

Results of Annual General Meeting

 

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 at 2:00 pm on 28 June 2022, Shareholders approved all the ordinary and special resolutions (the “Resolutions”) proposed in the notice of meeting dated 30 May 2022 (the "Notice of Meeting”).

Unless otherwise stated all defined terms in this announcement are consistent with the definitions set out in the Notice of Meeting.

 

The voting was determined by a poll and the results in respect of each Resolution were as follows:

RESOLUTION	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC* VOTED	VOTES WITHHELD
1. That Mr. Clive Line be re-elected as a Director of the Company.	32,353,208	99.98%	5,321	0.02%	32,358,529	42.73%	30,000
2. That Mr. Aquiles Alegria be re-elected as a Director of the Company.	32,330,150	99.99%	7,379	0.02%	32,337,529	42.70%	51000
3 . That Mr. Nicolas Bañados be re-elected as a Director of the Company.	30,601,237	96.00%	6,292	0.02%	30,607,529	40.41%	1,781,000
4. 1. That the Directors are authorised to allot shares, grant rights or convert any security up to a nominal value of £2,500,000.	31,516,066	99.62%	40,619	0.13%	31,556,685	41.67%	831,844
5. That subject to the passing of Resolution 4 the Directors are authorised to allot equity securities for cash otherwise than on a pre-emptive basis up to a nominal value of £375,000.	31,520,916	99.49%	40,769	0.13%	31,561,685	41.67%	831,844
6. That subject to the passing of Resolution 4 and in addition to the authority granted under resolution 5, the Directors are authorised to allot equity securities for cash otherwise than on a pre-emptive basis up to a nominal value of £375,000 for the purposes of financing a transaction.