Serabi Gold CFO Colm Howlin Resigns From Role and Directorship, Effective August 28

The Quick Take

• Serabi Gold CFO Colm Howlin has resigned from his position and as a Company Director, effective August 28, 2026.
• Serabi Gold (AIM: SRB, TSX: SBI, OTCQX: SRBIF) is a gold mining company with operations in Brazil and listings on three exchanges.
• C-suite changes at small-cap mining companies create near-term investor uncertainty until a permanent successor is announced.

Serabi Gold plc, a gold mining operator listed on the London AIM market, Toronto Stock Exchange, and OTCQX, announced that Chief Financial Officer Colm Howlin has resigned from his role and his directorship, effective August 28, 2026. The announcement was made via Globe Newswire, the standard regulatory disclosure channel for Canadian and international-listed companies. Serabi Gold operates gold mines in the Para state of Brazil, making it part of the emerging Brazil gold production landscape that competes with larger incumbents for institutional investor attention in the precious metals sector.

CFO departures at small-cap mining companies carry outsized market impact relative to large-cap peers because the CFO is often the primary institutional investor relations contact and the architect of project financing strategies. For Serabi specifically, any gap in financial leadership during a period when gold mining companies are seeking to optimize capital structures and potentially pursue growth projects in a favorable gold price environment adds operational risk. The departure also affects the company's ability to execute on any upcoming debt refinancing, equity issuances, or M&A activities that require CFO continuity.

The key forward signal for investors is Serabi Gold's announcement of a CFO search timeline and interim financial leadership arrangements. The macro variable for Serabi is the gold price environment — currently supportive but directionally uncertain given Fed rate signals — which will determine whether any transition-period weakness in investor relations creates a meaningful buying opportunity in the stock or merely adds to sector-wide small-cap discount pressure. Serabi's next quarterly production report will also be a catalyst, as it will show whether operations in Brazil are on track independent of the management change.

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