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Share Name Share Symbol Market Type Share ISIN Share Description
Serabi Gold LSE:SRB London Ordinary Share GB00BG5NDX91 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 38.00p 35.00p 41.00p 38.00p 38.00p 38.00p 7,088 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 35.9 -1.3 -0.3 - 379.47

Serabi Gold plc Accident At Palito Mine

12/02/2019 7:00am

UK Regulatory (RNS & others)


 
TIDMSRB 
 
 
   For immediate release 
 
   12 February 2019 
 
   Serabi Gold plc 
 
   ("Serabi" or the "Company") 
 
   Accident at Palito Mine 
 
   Serabi Gold plc (AIM:SRB, TSX:SBI), regrets to announce a fatality at 
its Palito Gold Mine in Brazil in a mining-related accident on 11 
February 2019.  The accident involved one of the Company's employees who 
sustained a crush related injury and sadly died from his injuries. 
 
   The Company is investigating the cause of the accident, has notified the 
relevant authorities, including the police, and is providing all 
necessary assistance for the enquiries into this incident.  Production 
in the area of the incident has been suspended until such a time as the 
outcome of the enquiries has been reached. 
 
   The directors and management of Serabi express their sincere condolences 
to the family and colleagues of the deceased and the Company is 
providing all necessary support to the family. 
 
   Mike Hodgson, Chief Executive Officer, said: 
 
   "We are deeply saddened to announce a fatal accident at our Palito 
mining operation on February 11(th) during the day shift. I join with 
all of my colleagues and fellow directors in expressing our sincere 
condolences to the family and friends of the deceased." 
 
   The person who arranged for the release of this announcement on behalf 
of the Company was Clive Line, Director. 
 
   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: mailto:contact@serabigold.com 
contact@serabigold.com 
-------------------------------------------------- 
Website: http://www.serabigold.com 
www.serabigold.com 
-------------------------------------------------- 
 
Beaumont Cornish Limited 
 Nominated Adviser and Financial Adviser 
Roland Cornish                                      Tel: +44 (0)20 7628 3396 
Michael Cornish                                     Tel: +44 (0)20 7628 3396 
 
Peel Hunt LLP 
 UK Broker 
Ross Allister                                       Tel: +44 (0)20 7418 8900 
James Bavister                                      Tel: +44 (0)20 7418 8900 
 
 
 
   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. 
 
 
 
 
 
 

(END) Dow Jones Newswires

February 12, 2019 02:00 ET (07:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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