Serabi Gold Plc

Summary

LONDON -- (Marketwire) -- 01/24/12 -- Serabi Gold plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT), the Brazilian-focused gold exploration Company, is pleased to announce that it has conditionally placed ('the Placing') 27,300,000 Units at a price of 10.0 pence per Unit (the 'Placing Price'). Each Unit comprises one new Ordinary Share of 5.0 pence each and one sixth of a share purchase warrant whereby each whole warrant (a 'Warrant') entitles the holder to subscribe for one new Ordinary Share at a price of 15.0 pence at any time for a period of two years expiring 23 January 2014. The new Ordinary Shares issued pursuant to the Placing (the 'Placing Shares') represent 29.9% of the enlarged share capital of the Company. The Placing is conditional on the new Ordinary Shares being admitted to trading on the TSX and AIM. Application has been made to both the TSX and AIM for the new Ordinary Shares to be admitted to trading.

LONDON -- (Marketwire) -- 11/24/11 -- Serabi Gold plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT), the Brazilian focused gold exploration company, is pleased to announce encouraging preliminary analytical results from shallow extension drilling on the south-eastern strike extension of the Palito deposit have returned Bonanza grade gold and high grade