Serabi Gold plc : Notice of AGM
12 May 2017 - 8:01PM
For immediate
release 12
May 2017
Serabi Gold plc("Serabi" or the
"Company") Notice of Annual General Meeting and Special
Meeting(1)
The Company announces that its Annual General
Meeting will be held on Thursday 15 June 2017, at the offices of
Farrer & Co. LLP, 20/23 Lincoln's Inn Fields London WC2A 3LH
England at 3.00 pm. The Company has published the formal notice of
the meeting (the "Notice") on its website which can be accessed
using the following link http://bit.ly/2q5f1Dd. 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 2016
Annual Report is being posted to all shareholders who are required
to receive or have formally requested to receive these
documents.
Copies of the 2016 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 Sean Harvey, which is set out below in the
Appendix.
(1)
Certain resolutions to be proposed at the meeting will be special
resolutions requiring approval of more than 75% of the votes cast.
Under Canadian National Instrument 54-101, the meeting therefore
also constitutes a Special Meeting.
Enquiries:
Serabi Gold plc |
|
Michael Hodgson |
Tel:
+44 (0)20 7246 6830 |
Chief
Executive |
Mobile: +44 (0)7799 473621 |
|
|
Clive
Line |
Tel:
+44 (0)20 7246 6830 |
Finance Director |
Mobile: +44 (0)7710 151692 |
|
|
Email: contact@serabigold.com |
|
Website: www.serabigold.com |
|
|
|
Beaumont Cornish LimitedNominated Adviser |
|
Roland Cornish |
Tel:
+44 (0)20 7628 3396 |
Michael Cornish |
Tel:
+44 (0)20 7628 3396 |
|
|
Peel
Hunt LLPUK Broker |
|
Matthew Armitt |
Tel:
+44 (0)20 7418 9000 |
Ross
Allister |
Tel:
+44 (0)20 7418 9000 |
|
|
Blytheweigh Public Relations |
|
Tim
Blythe |
Tel:
+44 (0)20 7138 3204 |
Camilla Horsfall |
Tel:
+44 (0)20 7138 3224 |
Copies of this announcement are available from
the Company's website at www.serabigold.com.
Neither the Toronto Stock Exchange, nor any
other securities regulatory authority, has approved or disapproved
of the contents of this announcement.
AppendixThe letter from the Chairman of
the Company included in the Notice is reproduced below (without
material adjustment):
Dear Shareholder
This document provides the formal notice (the
"Notice") of the 2017 Annual General Meeting and Special Meeting of
the Company to be held at the offices of Farrer & Co LLP, 20/23
Lincoln's Inn Fields, London WC2A 3LH, England on 15 June 2017 at
3:00 pm (London time) (the "Meeting"). This document also includes
additional information that the Company as a "reporting issuer" in
Canada is required to make available pursuant to the requirements
of National Instrument 51-102 - Continuous Disclosure Obligations
("NI 51-102") of the Canadian Securities Administrators.
BackgroundThe matters being considered at the
2017 Annual General Meeting and Special Meeting set out in the
Notice are, for the most part, items that are routinely considered
at such meetings. Both the Palito and Sao Chico Gold Mines are now
in a steady state and the Board is eager now to capitalise on this
and grow the production base through a combination of organic
growth and, where good opportunities become available, acquisition.
The Board believes that opportunities to develop the Company may
arise over the next twelve months and for this reason is requesting
Shareholders to authorise the Board to issue new shares to allow
the Company to pursue and commit to these opportunities quickly as
and when they arise.
RecommendationThe Directors consider that the
resolutions set out in the Notice being put to the Annual General
Meeting and Special Meeting are in the best interests of the
Company and its Shareholders and are most likely to promote the
success of the Company for the benefit of the Shareholders as a
whole.
Accordingly, the Directors unanimously recommend
that Shareholders vote in favour of the proposed resolutions as
they intend to do in respect of their own holdings, where relevant,
amounting to an aggregate of 25,246,920 Ordinary Shares,
representing approximately 3.61 per cent. of the Company's Ordinary
Shares.
Yours faithfully
T Sean HarveyNon-executive Chairman
ENDS
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