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Serabi Gold plc

11:50 AM EST - Serabi Gold plc : advised that it has today published its unaudited financial results for the three months ended September 30. For the quarter, the Company recorded a net loss of $715,548 U.S. (78 U.S. cents per share) compared to a net loss of $1,739,684 U.S. (2.72 cents U.S. per share) for the comparative period last year. The decrease in the loss for the period reflects lower depreciation charges of $223,150 U.S. for the quarter compared with $580,845 U.S. for the quarter ended September 30, 2011. Serabi Gold plc shares T.SBI are trading unchanged at $0.11.