Connect with us


Financial and accounting update London Stock Exchange: SRB




For immediate release

April 6, 2021

Serabi Gold plc
(Serabi or the company)

Financial and accounting update

Serabi Gold plc informs that following its announcement made on April 1, 2021 informing of a delay in the publication of the audited annual financial results for the year ended December 31, 2020 (Accounts), initially scheduled for March 31, 2021 , the British executive, the management and the board of directors of Serabi Gold plc suspended two local managers in Brazil. The Company has engaged lawyers in Brazil who have initiated their own internal investigations while BDO LLP, Companys auditors, undertake additional work to resolve the audit issues identified in Brazil,

The Company is in discussions with Canadian securities regulators to allow the shares to continue trading on the Toronto Stock Exchange despite the delay in filing its accounts. As previously announced, the Company plans to be able to publish its Accounts in accordance with the requirements of the AIM Rules, but if the delay is likely to have an effect on this then a further announcement will be made in due course.

Continuing production at Palito and Sao Chico is unaffected, and the company plans to provide its routine production updates for the first quarter ended March 31, 2021 by the end of this month.

Ask for information:

Serabi Gold plc
Michael hodgsonPhone: +44 (0) 20 7246 6830
General managerMobile phone: +44 (0) 7799 473621
Clive LinePhone: +44 (0) 20 7246 6830
Finance directorMobile phone: +44 (0) 7710 151692
E-mail: [email protected]
Beaumont Cornish Limited

Appointed advisor and financial advisor

Roland cornishPhone: +44 (0) 20 7628 3396
Michael cornishPhone: +44 (0) 20 7628 3396
Peel Hunt LLP

British broker

Ross allisterPhone: +44 (0) 20 7418 8900

Copies of this announcement are available on the Company’s website at

Neither the Toronto Stock Exchange nor any other securities regulator has approved or disapproved of the contents of this announcement.

Declaration of qualified persons

The scientific and technical information contained in this announcement has been reviewed and approved by Michael Hodgson, a director of the company. Mr. Hodgson is an economic geologist by training with over 26 years of experience in the mining industry. He holds a BSc (Hons) Geology, University of London, an MSc Mining Geology, University of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and Chartered Engineer of the Engineering Council of UK, acknowledging him both as a Qualified Person for the purposes of National Instrument 43-101 and the AIM Guidance Note on Mining and Oil and Gas Companies dated June 2009.

Forward-looking statements

Certain statements contained in this announcement are, or may be considered, forward-looking statements. Forward-looking statements are identified by their use of terms and expressions such as believe, might, should consider, estimate, intend, may, plan, will or the negative thereof, variations or comparable expressions, including references to hypotheses. These forward-looking statements are not based on historical facts, but rather on the directors’ current expectations and assumptions regarding the future growth of the company, results of operations, performance, future investments and other expenses (including the amount , the nature and sources of funding thereof), competitive advantages, business prospects and opportunities. These forward-looking statements reflect the current beliefs and assumptions of the directors and are based on information currently available to the directors. A number of factors could cause actual results to differ materially from results discussed in forward-looking statements, including risks associated with vulnerability to general economic and business conditions, competition, environmental changes and other regulatory changes, the actions of government authorities, the availability of financial markets. , dependence on key personnel, uninsured and underinsured losses and other factors, many of which are beyond the control of the company. Although the forward-looking statements contained in this announcement are based on what the directors believe to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements.


What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]