MONTREAL, QUEBEC--(Marketwired - March 4, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Semafo Inc. (TSX:SMF) (OMX:SMF) today announced it has closed the bought deal private placement announced February 11, 2015 as well as arranged a credit facility from Macquarie Bank Limited. The Company [...]
MONTREAL, QUEBEC--(Marketwired - Feb 24, 2015) - Semafo Inc. (TSX:SMF)(OMX:SMF) reported today that replacement of the shell of the SAG mill was successfully completed on time at its Mana Mine in Burkina Faso. During the shutdown between January 19 and February 23, 2015, we produced approximately 22,220 ounces of gold. The secondary ball mill [...]
Semafo is pleased to disclose historical resources on the Natougou and Nabanga gold projects located in Burkina Faso. These projects are owned by Orbis Gold, an ASX-listed company. Three of the five Orbis directors are now nominees of SEMAFO. Natougou Gold Project Orbis's 100%-owned Natougou gold project is located in the south-east of Burkina [...]
Semafo today announced its 2014 year-end mineral reserve and resource statement. As at December 31, 2014, total proven and probable mineral reserves were 2,240,300 ounces of gold. Measured and indicated resources totaled 2,756,900 ounces, representing a 13% increase over 2013. Reserves and measured and indicated resources increased to 5.0 million [...]
SEMAFO is pleased to announce that it has amended the terms of its previously announced bought deal private placement offering to increase the size of the offering to C$50,320,000. Under the terms of the Upsized Offering, a syndicate of Underwriters led by Clarus Securities Inc. have agreed to purchase, on a "bought deal" private placement basis [...]
MONTREAL, QUEBEC--(Marketwired - Feb 11, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Semafo Inc. (TSX:SMF)(OMX:SMF) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead underwriter on behalf of a syndicate of underwriters (collectively, the [...]
Orbis Gold and Semafo have today jointly announced a revised takeover offer for Orbis Gold, under which Orbis Gold shareholders will be offered A$0.713 cash per Orbis Gold share. All of the Orbis Gold directors, together representing 2.8% of Orbis Gold's shares, have committed to accept the Revised Offer. In addition, shareholders representing in [...]
MONTREAL, QUEBEC--(Marketwired - Jan 30, 2015) - SEMAFO (TSX:SMF)(OMX:SMF) In January, the number of shares in SEMAFO increased by 244,722 common shares, corresponding to 244,722 votes. The increase in the number of shares and votes results from a share issue related to the recently announced credit facility in addition to the exercise of options [...]
Announces 2015 Production Guidance MONTREAL, QUEBEC--(Marketwired - Jan 21, 2015) - Semafo Inc. (TSX:SMF)(OMX:SMF) reported strong 2014 operational results with production of 234,300 ounces at a total cash cost of $650 per ounce at its Mana Mine. This represents a 48% year-over-year increase in production and a 16% decrease in total cash cost [...]
MONTREAL, QUEBEC--(Marketwired - Dec 30, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) - In December, the number of shares in SEMAFO increased by 269,490 common shares, corresponding to 269,490 votes. The increase in the number of shares and votes results from a share issue related to the recently announced credit facility in addition to the exercise of [...]
Production Guidance Maintained MONTREAL, QUEBEC--(Marketwired - Dec 3, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) reported that operating activities resumed today at its Mana Mine in Burkina Faso. Operations had been suspended on the evening of Saturday, November 29, 2014. The Corporation maintains its 2014 production guidance of between 230,000 and [...]
MONTREAL, QUEBEC--(Marketwired - Dec 1, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) reported today that employees began an illegal work stoppage at its Mana mine in Burkina Faso on the evening of Saturday, November 29, 2014. The illegal work stoppage comes in spite of an existing collective agreement that remains in effect until December 31, 2015. The [...]