Serabi Mining plc : Change of Name

SERABI GOLD plc
                          ("Serabi" or "the Company")

                             Change of Company Name

Serabi Mining plc (AIM:SRB, TSX:SBI and SBI.WT), the Brazilian focused gold
exploration Company, is pleased to announce that further to shareholder approval
granted at its last Annual General Meeting the directors have completed the
process of a change of name to Serabi Gold plc with immediate effect.  The
Company's shares will commence trading under the new name effective from 18
October 2011 on AIM and the TSX.  The ticker symbols and ISIN numbers remain
unchanged.

In accordance with AIM Rule 26, corporate information continues to be available
at the Company's website www.serabimining.com and will be available from the
company's new website at www.serabigold.com.




Enquiries:

 Serabi Gold plc

 Michael Hodgson                 Tel: [phone]

 Chief Executive                 Mobile: [phone]



 Clive Line                      Tel: [phone]

 Finance Director                Mobile: [phone]



 Email: [e-mail]

 Website:  www.serabigold.com



 Beaumont Cornish Limited
 Nominated Adviser

 Roland Cornish                  Tel: [phone]

 Michael Cornish                 Tel: [phone]



 Fox Davies Capital Ltd
 UK Broker

 Simon Leathers                  Tel: [phone]

 Jonathan Evans                  Tel: [phone]



 Farm Street Communications
 Public Relations

 Simon Robinson                  Tel: [phone]



 Fig House Communications
 Investor Relations

 Rebecca Greco                   Tel: + 1 416 822 6483



Copies of this release are available from the Company's website at
www.serabigold.com and www.serabimining.com


Forward-looking statements
This press release contains forward-looking statements. All statements, other
than of historical fact, that address activities, events or developments that
the Company believes, expects or anticipates will or may occur in the future
(including, without limitation, statements regarding the estimation of mineral
resources, exploration results, potential mineralization, potential mineral
resources and mineral reserves) are forward-looking statements. Forward-looking
statements are often identifiable by the use of words such as "anticipate",
"believe", "plan", may", "could", "would", "might" or "will", "estimates",
"expect", "intend", "budget", "scheduled", "forecasts" and similar expressions
or variations (including negative variations) of such words and phrases.
Forward-looking statements are subject to a number of risks and uncertainties,
many of differ materially from those discussed in the forward-looking
statements. Factors that could cause actual results or events to differ
materially from current expectations include, among other things, without
limitation, failure to establish estimated mineral resources, the possibility
that future exploration results will not be consistent with the Company's
expectations, the price of gold and other risks identified in the Company's most
recent annual information form filed with the Canadian securities regulatory
authorities on SEDAR.com. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any forward-
looking statement.

Qualified Persons Statement

The  information  contained  within  this  announcement  has  been  reviewed and
verified  by Michael Hodgson,  CEO of the  Company.   Mr Hodgson  is an Economic
Geologist by training with over 25 years' experience in the mining industry.  He
holds  a  BSc  (Hons)  Geology,  University  of  London,  a  MSc Mining Geology,
University  of Leicester and is a Fellow of the Institute of Materials, Minerals
and  Mining  and  a  Chartered  Engineer  of  the  Engineering  Council  of  UK,
recognizing him as both a Qualified Person for the purposes of Canadian National
Instrument  43-101 and by the AIM Guidance Note on Mining. Oil and Gas Companies
dated March 2006.

Quality Assurance and Quality Control Procedures Disclosure

The  Company has  implemented and  maintains a  Serabi quality assurance/quality
control  (QA/QC)  protocol  at  its  JDO  Project  as defined in its "NI 43-101
Technical  Report for the Jardim Do Ouro  Project, Para State, Brazil" dated 22
December  2010.  This ensures best industry practice in sampling and analysis of
exploration and resource definition samples.  The insertion of field duplicates,
certified  standards and blank samples  into the sample stream  form part of the
Serabi  procedure (these act as an independent check on contamination, precision
and accuracy in the analytical laboratory).

Assay results are reported once rigorous QAQC procedures have been approved

Neither  the  Toronto  Stock  Exchange,  nor  any  other  securities  regulatory
authority, has approved or disapproved of the contents of this news release.


ENDS






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Source: Serabi Gold plc via Thomson Reuters ONE

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