Serabi Gold Plc ("Serabi" or the "Company") Directorate Change


LONDON, Dec. 23, 2013 (GLOBE NEWSWIRE) -- Serabi Gold plc (AIM:SRB) (TSX:SBI), the Brazilian focused gold exploration and development company, announces the resignation of Mr Christopher Kingsman as a non-executive Director of the Company with immediate effect.

Mr. Kingsman commented that, "the Company's fundamental prospects are now the best since becoming involved in 2009. This is a good opportunity to step down and dedicate more time to my other ventures. I am very grateful to have had the opportunity to serve on the Board."

Mr. Sean Harvey, the Chairman of Serabi, said; "Mr. Kingsman has been instrumental in the development of the Company during some of its most difficult times and the board greatly appreciates his contribution as a director of Serabi. We all wish him well in his endeavours."

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: contact@serabigold.com  
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
Broker
 
Matthew Armitt Tel: +44 (0)20 7418 9000
Ross Allister Tel: +44 (0)20 7418 9000
   
Blythe Weigh Communications Ltd
Public Relations
 
Tim Blythe Tel: +44 (0)20 7138 3204
Mobile: +44 7816 924626
Halimah Hussain Tel: +44 (0)20 7138 3203
Mobile: +44 7725 978141


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.