Serabi Gold cuts 2026 production outlook on permitting delays

• Serabi Gold cuts FY2026 production outlook to around FY2025's 44,169 ounces from over 53,000 ounces as permitting delays constrain expansion.
• Third-quarter gold output fell 9% year over year to 11,008 ounces, driven by lower-than-expected grades at the Palito Complex.
• Cash declined to $63.2 million at September 30 from $65.7 million at June 30, reflecting a $5.1 million dividend payment.
• Coringa's current mining license expires January 29, 2027; discussions on continued operations remain ongoing.
• Palito's fourth ball mill is in final commissioning, increasing annual processing capacity to 330,000 tonnes in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Serabi Gold plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210100OMX_____CNEWS_EN_GNW1001278985_en) on October 21, 2026, and is solely responsible for the information contained therein.