An assemblage of chondrichthyans is described from the new locality near Serafimovich town (the western part of Volgograd region). More than 2500 fossils were collected from the basal gravel-pebble bed and phosphorite-bearing layer from the lower part of the Buzinovka formation (upper Paleocene). There are reworked Cretaceous and Paleocene chondrichthyans (6 species) and synchronous 21 species of sharks and 2 species of chimaeroids.