Serabi Gold Appoints Colm Howlin as Executive Director

Exciting Leadership Update at Serabi Gold plc

Serabi Gold plc (LSE:SRB, TSX:SBI), a prominent player in the Brazilian gold mining and development scene, has made a significant leadership move with the appointment of Mr. Colm Howlin as Executive Director, effective immediately.

Welcoming Mr. Colm Howlin to the Board

Mr. Howlin has been an essential part of Serabi's journey since 2013, initially serving as the Group Controller before stepping into the role of Chief Financial Officer at the close of 2024. His extensive experience includes fluency in Brazilian Portuguese, which adds to his value in the Brazilian market where the Company operates. Before joining Serabi, he held a position at Kerry Group in Brazil, enhancing his commercial acumen in the region.

Chairman Michael Lynch-Bell's Remarks

Michael Lynch-Bell, Chair of Serabi, expressed his delight in having Mr. Howlin join the Board. He commented, "Colm has already made significant contributions as CFO over the past 11 years, and I am thrilled that he will now be a part of our executive leadership team as Director."

Colm Howlin's Background and Qualifications

Colm Howlin, 43, brings with him a wealth of experience and leadership to Serabi Gold. He holds no ordinary shares in the Company; however, he has a notable stake in conditional share awards. This includes a total of 472,360 awards from the Serabi 2020 Restricted Share Plan. Award criteria focus on Total Shareholder Return and other key financial metrics, demonstrating his alignment with the Company's success.

Further Insights on Mr. Howlin's Experience

In the past five years, Mr. Howlin's directorships have been limited. He was previously involved with Advanced Campervan Conversions Ltd and R&S Consultancy in Ireland. His expertise lies in financial management and strategic growth within the mining industry, aligning well with Serabi's goals as they expand production and explore new opportunities.

Serabi Gold's Commitment to Growth

Steered by capable leadership, Serabi Gold remains focused on its operational goals in the highly prospective Tapajós region of Brazil. With a consistent output of 30,000 to 40,000 ounces of gold annually from the Palito Complex, the Company is poised to double its production, particularly with the initiation of the Coringa Gold project.

Recent Discoveries and Future Projections

In addition to its current operations, Serabi recently made a noteworthy discovery of a copper-gold porphyry, indicating further potential for exploration. The Company is dedicated to enhancing its resource base and has implemented robust exploration activities to ensure sustainable growth.

The Role of Leadership in Future Success

The addition of Mr. Howlin to Serabi's Board is expected to infuse fresh ideas and strategies that align with the Company’s vision. As the industry faces various challenges, having a well-rounded team will be crucial in navigating complexities and capitalizing on opportunities.

Investor Relations and Communication

For those interested in learning more about Serabi Gold and its ambitious plans, the Company encourages inquiries directed to Andrew Khov, Vice President of Investor Relations, who emphasizes a transparent and proactive communication strategy with shareholders and stakeholders alike. His commitment to effective investor relations ensures that the Company remains aligned with its community's expectations.

Frequently Asked Questions

What is the recent appointment at Serabi Gold plc?

Colm Howlin has been appointed as an Executive Director of Serabi Gold plc, effective immediately.

How long has Colm Howlin been with Serabi Gold?

Colm Howlin has been with Serabi Gold since 2013, serving in various leadership roles, including Chief Financial Officer.

What are Serabi Gold’s production goals?

Serabi Gold aims to double its production capacity with plans for the Coringa Gold project, building on its current production of 30,000 to 40,000 ounces annually.

What experience does Colm Howlin bring to the board?

Colm Howlin brings extensive financial and commercial experience, previously serving as CFO and working in various roles in the industry.

How can investors connect with Serabi Gold?

Investors can connect with Serabi Gold through Andrew Khov, Vice President of Investor Relations, for any inquiries regarding the Company's operations and strategies.

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