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Serabi Mining plc

12:08 PM EST - Serabi Mining plc : advised that it has today published its unaudited financial results for the three-month period ending June 30, 2011. The Company recorded a net loss of $1,562,635 U.S. (2.44 U.S. cents per share) compared to a net loss of $1,634,584 (4.70 U.S. cents per share) for the comparative period last year. The decrease in the loss of $71,949 U.S. reflects a reduction in the gross loss for the period of $293,000 U.S. and a reduced loss on foreign exchange of $44,988 U.S. compared with a loss in the corresponding period of $271,000 U.S. Serabi Mining plc shares T.SBI are trading even at $0.31.