Holding(s) in Company

From GlobeNewswire: 2025-04-15 02:01:00

Greenstone Resources II LP has agreed to sell 19.99% of Serabi Gold plc to Starboard Asset Ltda. The agreement is expected to be completed in a few weeks. Serabi’s CEO, Mike Hodgson, acknowledges Greenstone’s desire to monetize some of their investment. Starboard is excited to support Serabi’s future and bring a complementary perspective as a shareholder. Assuming the agreement is completed, Greenstone will retain 5.20% ownership, while Starboard will own just under 20% of the company. Serabi Gold plc is a gold exploration, development, and production company focused on the Tapajós region in Brazil, with plans to double production in the coming years.



Read more at GlobeNewswire: Holding(s) in Company