Serabi Gold plc ("Serabi" or the "Company") Directors Dealing & Substantial Shareholder


LONDON, June 4, 2014 (GLOBE NEWSWIRE) -- Serabi Gold plc (AIM:SRB) (TSX:SBI) announces that it was informed on 3 June 2014 that Daniel Kunz, a Non-Executive Director of the Company, sold on 3 June 2013 5,096,084 Serabi ordinary shares of 0.5p each ("Shares") at a price of 5.75p per Share. Following the sale, Daniel Kunz has an interest in 468,642 Shares representing 0.07 per cent. of the issued share capital of Serabi. The Shares sold by Daniel Kunz were purchased by Fratelli Investments Ltd ("Fratelli"). A copy of the TR-1 received today by the Company from Fratelli is set out below. Following the purchase, Fratelli is now interested in 343,613,166 Shares representing 52.35 per cent. of the issued share capital of the Company. Nicolas Banados, a Non-Executive Director of the Company, is an attorney-in-fact of Fratelli.

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 and   
Financial 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   
Financial PR   
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.

Link to Statutory Form TR 1 http://media.globenewswire.com/cache/27976/file/26810.pdf


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Attachments

TR-1