Serabi Gold Updates on Leadership Changes
Serabi Gold plc (AIM: SRB, TSX: SBI, OTCQX: SRBIF) has made important strides by confirming notable shifts in its management team. Recently, it was revealed that Clive Line, who served as the Finance Director, has decided to retire, with his last day set for the end of the year.
Introducing Colm Howlin as CFO
The Board of Serabi Gold is excited to announce the appointment of Colm Howlin as the new Chief Financial Officer (CFO) of the Company. Colm is stepping into this role following Clive Line’s departure. He has been part of the Serabi team since 2013 and previously held the position of Group Controller. His background includes a wealth of experience in finance, being a member of the Institute of Chartered Accountants of Ireland, and he is also fluent in Portuguese.
Welcoming Marcus Brewster as COO
In addition to Colm's promotion, Marcus Brewster has been appointed to the newly created position of Chief Operating Officer (COO). Marcus comes with extensive experience across various sectors of mining operations and has successfully transitioned multiple projects from development stages to full operational capacities. His prior roles include COO of TriStar Gold Inc., and managerial positions with renowned mining companies throughout Brazil, Ghana, Mali, and Burkina Faso. With two Master's degrees in Mining Geology and Mining Engineering from the Camborne School of Mines, he is poised to significantly contribute to Serabi's future growth.
Future Plans and Vision
Michael Hodgson, CEO of Serabi, expressed the importance of these appointments, noting that Clive will be greatly missed. Michael emphasized the vital skills Colm brings to his new role, assuring stakeholders of his adept management abilities in maintaining fiscal responsibility. He also highlighted Marcus's substantial expertise in operational fields, which is critical as Serabi aims to expand its production capabilities.
Clive Line's Continued Support
Notably, Clive Line has agreed to support the Company over the next six months, ensuring a smooth transition and continuity during this period of change.
About Serabi Gold plc
Serabi Gold plc is primarily focused on gold exploration and production in Brazil's Tapajós region, known for its rich mineral resources. The Company has demonstrated a consistent output ranging between 30,000 to 40,000 ounces of gold annually from its operational Palito Complex. In light of their growth strategy, Serabi is actively working on the Coringa Gold project, with ambition to double its production in the imminent future. The latest developments also include the discovery of a copper-gold porphyry, showcasing the Company’s expanding exploration efforts.
Contact Information
If you have any enquiries regarding Serabi Gold, please reach out to:
Michael Hodgson
Chief Executive
t +44 (0)20 7246 6830
m +44 (0)7799 473621
Andrew Khov
Vice President, Investor Relations
m +1 647 885 4874
e contact@serabigold.com
Frequently Asked Questions
What prompted the management changes at Serabi Gold?
Clive Line’s retirement led to the appointment of Colm Howlin as CFO and Marcus Brewster as COO to ensure expert leadership moving forward.
Who is Colm Howlin?
Colm Howlin is the new CFO of Serabi Gold, previously the Group Controller with over 11 years of experience in finance and is fluent in Portuguese.
What will Marcus Brewster's role entail?
As COO, Marcus Brewster will manage operational aspects and help enhance project developments, leveraging years of experience in the mining sector.
What are Serabi Gold's production goals?
The company aims to double its production output through its ongoing projects, notably the Coringa Gold project.
How can I contact Serabi Gold for further inquiries?
For inquiries, you can reach out to Michael Hodgson at +44 (0)20 7246 6830 or via email at contact@serabigold.com.
