Published: 13:35 21.09.2009 GMT+1 /HUGIN /Source: Serabi Mining plc /LSE: SRB /ISIN: GB00B074J639
Statement re Share Price Movement
SERABI MINING plc ("Serabi" or "the Company")
Comment on recent share activity
The Directors of Serabi note recent activity in its shares and movements in its share price
As announced by the Company on 18 August 2009, the Directors' continue to work closely with its advisers on indentifying new potential funding for the Company and progress discussions with parties that may result in the sale in whole or part of its mining and exploration assets. The Directors are also pursuing opportunities that might result in an injection of new capital either into the Company or directly into its Brazilian operating subsidiary. In addition, the Company is also working to raise "soft loans" from one of the Brazilian development agencies SUDAM. The Company has lodged an initial application which has been accepted by the agency but is still subject to amongst other things, technical and legal due diligence, approval of the business strategy and financial review of the business plan.
At this stage there is no further information to impart in respect of the above discussions and a further announcement will be made in due course as appropriate.
The Company will be announcing its interim results for the six months ended 30 June 2009 on 22 September 2009.
Enquiries
Serabi Mining plc
Graham Roberts |
Tel: 020 7246 6830 |
Chairman |
Mobile: 07768 902 475 |
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Clive Line |
Tel: 020 7246 6830 |
Finance Director |
Mobile: 07710 151 692 |
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Beaumont Cornish Limited |
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Roland Cornish |
Tel: 020 7628 3396 |
Michael Cornish |
Tel: 020 7628 3396 |
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Serabi Gold Plc
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PRODUCTEUR |
CODE : SRB.L |
ISIN : GB00B4T0YL77 |
CUSIP : 00B074J639 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Serabi Gold est une société de production minière d'or basée au Royaume-Uni. Serabi Gold détient divers projets d'exploration au Bresil. Son principal projet en production est PALITO au Bresil et ses principaux projets en exploration sont TAPAJOS - MODELO, JARDIM DO OURO, TAPAJOS - PIZON et PIAUI STRKE LENGTH au Bresil. Serabi Gold est cotée au Royaume-Uni, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 44,9 milliards GBX (53,7 milliards US$, 47,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 31 octobre 2008 à 0,25 GBX, et son plus haut niveau récent le 31 décembre 2020 à 99,55 GBX. Serabi Gold possède 700 843 570 actions en circulation. |