Serabi Gold plc : Result of AGM

For immediate release
16 June 2016
Serabi Gold Plc
("Serabi" or the "Company")

Results of Annual General Meeting

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, announces that at the Annual General Meeting of the Company held on 16 June 2016, shareholders approved all the ordinary and special resolutions proposed in the notice of meeting dated 12 May 2016.

In compliance with Section 461.4 of the TSX Company Manual, this release also sets out the results of the vote for the election of directors at the Company's Annual General Meeting.

The individuals identified in the management information circular of the Company dated 12 May 2016 (the "Circular") as offering themselves for re-election and set forth below, were elected as directors of the Company.  The votes cast in respect of the re-election of each Director were as follows:

DIRECTOR	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC* VOTED	VOTES WITHHELD
Michael Hodgson	351,645,170	99.99	33,883	0.01	351,679,053	53.58%	16,122,308
Nicolas Banados	351,645,670	99.99	33,383	0.01	351,679,053	53.58%	16,122,308
Melvyn Williams	351,645,670	99.99	33,383	0.01	351,679,053	53.58%	16,122,308

* ISC - Issued

Enquiries:

Serabi Gold plc
Michael Hodgson	Tel: +44 (0)20 7246 6830
Chief Executive	Mobile: [phone] 473621
Clive Line	Tel: +44 (0)20 7246 6830
Finance Director	Mobile: [phone] 151692
Email: [e-mail]
Website:  www.serabigold.com
Beaumont Cornish Limited Nominated Adviser
Roland Cornish	Tel: +44 (0)20 7628 3396
Michael Cornish	Tel: +44 (0)20 7628 3396
Peel Hunt LLP UK 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 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

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Serabi Gold plc via Globenewswire

HUG#2021262