Results of Extraordinary General Meeting

For immediate release

20 December 2022

Serabi Gold Plc

(“Serabi” or the “Company”)

Results of Extraordinary General Meeting

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, announces that at the Extraordinary General Meeting of the Company held at 2:00 pm on 19 December 2022, Shareholders approved all the ordinary resolutions (the “Resolutions”) proposed in the notice of meeting dated 14 November 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 the Directors’ Report and financial statements of the Company for the year ended 31 December 2021 be received and adopted	47,653,557	96.48%	1,738,018	3.52%	49,391,575	65.22%	15,467
2. To appoint PKF Littlejohn LLP as auditor of the Company	49,378,630	99.97%	13,095	0.03%	49,391,725	65.22%	15,317
3. To authorise the Directors of the Company to fix the auditor's remuneration and the terms of their engagement	49,357,625	99.93%	34,100	0.07%	49,391,725	65.22%	15,317

* ISC – Issued Share Capital

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: [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 and Financial Adviser
Roland Cornish / Michael Cornish	Tel: [phone]
Peel Hunt LLP Joint UK Broker
Ross Allister / Alexander Allen	Tel: [phone]
Tamesis Partners LLP Joint UK Broker
Charlie Bendon / Richard Greenfield	Tel: [phone]
Camarco         Financial PR
Gordon Poole / Emily Hall	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 announcement.

ENDS

Attachment

• EGM Results Dec 2022 (ver WEB) verFINAL