Serabi Gold plc Directorate Change

 
TIDMSRB 
 
   For immediate release 
 
   27 April 2020 
 
   Serabi Gold Plc ("Serabi" or the "Company") 
 
   Change of Directors 
 
   Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining 
and development company, announces the appointment of Mr Luis Azevedo as 
a Non-executive Director with immediate effect. The Company also 
announces that Mr Felipe Swett who has served as a Non-executive 
Director since September 2014 has stepped down from the Board with 
immediate effect. 
 
   Luis Mauricio Ferraiulio de Azevedo, aged 56, is a resource industry 
professional with over 37 years of international experience. He is both 
a licensed lawyer and geologist with over 27 years of business and 
mining experience, specifically in Brazil. He is currently the Managing 
Partner at FFA Legal Ltda, a legal firm he founded with its main office 
in Rio de Janeiro, Brazil, and which is focused solely on natural 
resources companies. Mr Azevedo is also an Executive Director of Harvest 
Minerals Limited and Jangada Mines plc, GK Resources, Five Start 
Diamonds, and previously worked for Western Mining Corporation, Barrick 
Gold Corporation and Harsco Corporation. Mr Azevedo was formerly an 
executive director of Avanco Resources Ltd and is now Chairman of the 
Brazil advisory board to Oz Minerals Ltd and a non-executive director of 
ValOre  and Talon Metals Corporation. Mr Azevedo received a geology 
degree from UERJ -- Universidade do Estado do Rio de Janeiro in 1986, a 
law degree from Faculdade Integradas Cândido Mendes in 1992, and a 
post graduate degree from PUC-Rio, Pontifícia Universidade 
Católica of Rio de Janeiro in 1995. 
 
   Mike Hodgson, CEO of Serabi commented: 
 
   "I am delighted to have Luis join the Board of Directors of the Company. 
Luis has worked closely with the Company and been Serabi's legal counsel 
in Brazil for many years now. He has a strong understanding of the 
Company and its future plans and with his intimate knowledge of the 
mining industry in Brazil will provide valuable insight to the Board. 
His expertise and experience will be invaluable going forward, and 
helping the Company successfully see Coringa into production. 
 
   "I would like to thank Felipe for his dedicated service to the Company 
over the past five and a half years and we wish him well." 
 
   Further disclosures on Luis de Azevedo 
 
   As required under Schedule Two, paragraph (g) (i)-(viii) of the AIM 
Rules for Companies further disclosures on Mr. Azevedo are as follows. 
 
   Mr Azevedo has held the following directorships and/or partnerships in 
the past five years: 
 
 
 
 
Current directorships and/or partnerships               Past directorships 
                                                        and/or partnerships 
------------------------------------------------------  ---------------------- 
Talon Metals Corporation                                Avanco Resources 
                                                        Limited 
Jangada Mines PLC                                       Brazilian Gold 
                                                        Corporation 
Harvest Minerals Limited                                Brazil Minerals Inc 
GK Resources Corporation                                Anglo Platinum Brasil 
                                                        SA 
ValOre Metals Corporation                               FSD Brazil Ltd 
Associacao Brasileira das Empresas de Pesquisa Mineral 
 ABPM 
 Conselho de Mineração -- COMIN da CNI 
Five Star Diamonds Limited 
OZ Minerals Brasil - Advisory Board 
Marina Norte Emprendimentos de Mineracao S/A 
Pedra Branca do Brasil Mineracao Ltda 
Odin Brasil Mineração Ltda 
Atlantica do Brasil Mineração Ltda 
VTF Mineração Ltda 
Minfer do Brazil Mineração Ltda 
GRB Grafite do Brasil Mineração Ltda 
VCA Locações e Serviços Ltda 
FFA Holding & Mineração Ltda 
FFA Legal Ltda 
------------------------------------------------------  ---------------------- 
 
 
 
   Mr Azevedo holds no ordinary shares in the Company. Mr Azevedo is a 
director of FFA Legal Ltda which provides ongoing legal advisory 
services to Serabi in Brazil on arms-length commercial terms. 
 
   There is no further information on Mr Azevedo required to be disclosed 
under Schedule Two, paragraph (g) of the AIM Rules for Companies. 
 
   Enquiries: 
 
 
 
 
Serabi Gold plc 
Michael Hodgson                Tel: [phone] 
Chief Executive                Mobile: [phone] 
 
Clive Line                     Tel: [phone] 
Finance Director               Mobile: [phone] 
 
Email: [e-mail] 
----------------------------- 
Website: www.serabigold.com 
----------------------------- 
 
Beaumont Cornish Limited 
 Nominated Adviser 
Roland Cornish                 Tel: [phone] 
Michael Cornish                Tel: [phone] 
 
Peel Hunt LLP 
 UK Broker 
Ross Allister                  Tel: [phone] 
 
 
 
   Copies of this release 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 news 
release. 
 
   ENDS 
 
 
 
 

(END) Dow Jones Newswires

April 27, 2020 02:00 ET (06:00 GMT)

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