Voting Results from SEMAFO Inc.'s Annual General and Special Meeting of Shareholders
MONTREAL, QUEBEC--(Marketwired - May 15, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) reported the voting results from its Annual General and Special Meeting of Shareholders held on Thursday, May 15, 2014. A total of 201,041,605 common shares or 72.82% of our issued and outstanding common shares were represented in person or by proxy at the meeting.
Shareholders voted in favour of all items of business, including election of each director nominee by a majority of the votes cast as follows:
| Nominee | Votes for | % of Votes for | Votes Withheld | % of Votes Withheld |
| Terence F. Bowles, ENG, MBA, ICD.D | 197,905,249 | 99.96% | 83,350 | 0.04% |
| Benoit Desormeaux, CPA, CA | 188,061,855 | 94.99% | 9,926,744 | 5.01% |
| Jean Lamarre | 180,352,505 | 91.09% | 17,636,094 | 8.91% |
| John LeBouthillier, CM | 177,902,681 | 89.86% | 20,085,918 | 10.14% |
| Gilles Masson, CPA, CA | 187,798,760 | 94.85% | 10,189,839 | 5.15% |
| Lawrence McBrearty | 187,282,210 | 94.59% | 10,706,389 | 5.41% |
| Tertius Zongo | 185,338,429 | 93.61% | 12,650,170 | 6.39% |
Additionally, the proposal to appoint PricewaterhouseCoopers LLP as the auditors of the Corporation was approved:
| For: | 97.63% |
| Abstain: | 2.37% |
A resolution extending SEMAFO's Shareholder Rights Plan was also approved:
| For: | 93.38% |
| Against: | 6.62% |
Finally, an advisory resolution on the Corporation's approach to executive compensation was approved.
| For: | 98.05% |
| Against: | 1.95% |
About SEMAFO
SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation currently owns and operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits. SEMAFO is committed to evolve in a conscientious manner through the responsible development of its Mana property. SEMAFO's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.
Contact
SEMAFO
Robert LaValliere
Vice-President, Corporate Affairs & Investor Relations
Cell: +1 (514) 240 2780
Robert.Lavalliere@semafo.com
Ruth Hanna
Communications & Investor Relations
Ruth.Hanna@semafo.com
Sofia St. Laurent
Communications & Investor Relations
Sofia.Stlaurent@semafo.com
Tel. local & overseas: +1 (514) 744 4408
North America Toll-Free: 1 (888) 744 4408
www.semafo.com
