Serabi Gold plc announced the appointment of Mrs. Carolina Margozzini as a Non-Executive Director with immediate effect. Mrs. Margozzini will be the appointed representative of Fratelli Investments Limited (“Fratelli”) and will replace Mr. Nicolas Bañados, in this capacity. Mr. Bañados, who has served as a Director of Serabi since May 2013, is standing down from the Board with immediate effect.

Mrs. Margozzini is Principal of Private Equity & Venture Capital at Megeve Investments (“Megeve”), where she is focused on direct private equity investments in Mining and Energy within Latin America, and technology investments globally. Megeve is an investment adviser to Fratelli. She currently serves as Board Member at Haldeman Mining Company, a copper and gold producer in Chile, and at Colgener, a Colombian Energy Company.

Previously, she was Head of Research and Financial Analysis at Blumar, a fishery and salmon farming company. She started her career in Investment Banking at the local branch of Citibank, where she gained experience in M&A, Equity, and Debt Capital Markets. Mrs. Margozzini has a bachelor's degree in Business and Administration with a Major in Finance from Universidad Católica de Chile.