MONTREAL, QUEBEC--(Marketwired - Nov 30, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today lodged its bidder's statement in respect of its A$0.65 per share cash offer for 100% of the shares in Orbis Gold Ltd. with the Australian Securities and Investments Commission (ASIC), Orbis Gold and the ASX. A copy of the bidder's statement may be accessed from the ASX [...]
Net Income of $13 Million Cash Flow from Operations of $41 Million MONTREAL, QUEBEC--(Marketwired - Nov 11, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today reported its financial and operating results for the three-month period ended September 30, 2014. All amounts are in US dollars unless otherwise stated. Third Quarter 2014 in Review Driven by the [...]
MONTREAL, QC--(Marketwired - Nov 6, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) provides its observations to the Orbis Gold Ltd. (ASX:OBS) notice of AGM and updated scoping study. Introduction If Orbis shareholders vote in favour of the A$20 million rights issue, it would effectively be a vote for Orbis to continue as a stand-alone company. In contrast [...]
MONTREAL, QUEBEC--(Marketwired - Oct 30, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today confirmed that recently reported unrest in Burkina Faso has not caused any disruptions to normal course operations at its Mana Mine. The above information has been made public in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading [...]
SEMAFO will be making a takeover bid for 100% of Orbis Gold at A$0.65 per share, payable in cash, subject to the conditions below. The minimum acceptance condition for the Cash Bid is 50.1%, evidencing the seriousness of SEMAFO's Cash Bid. Highlights: 1. Cash bid A$0.65 per share. 2. Conditional on October 24 Greenstone vote NOT approved
Raises 2014 Production Guidance MONTREAL, QUEBEC--(Marketwired - Oct 14, 2014) - SEMAFO (TSX:SMF) (OMX:SMF) today announced strong third quarter summary operating results. During the third quarter, we achieved gold production of 64,700 ounces at the Mana Mine at a total cash cost1 between $555 and $565 per ounce. All amounts are in US dollars [...]
SEMAFO today advises it has submitted a non-binding proposal to the Board of Directors of Orbis Gold to acquire 100% of the issued share capital in Orbis by way of a recommended transaction at a price range between A$0.62 to A$0.65 per share, payable in cash (Proposal). SEMAFO is a Canadian-based mining company listed on the Toronto Stock Exchange [...]
MONTREAL, QUEBEC--(Marketwired - Aug 29, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) As a result of the exercise of options, the total number of shares and votes in the Corporation has changed during August 2014 as follows. The number of shares has increased by 696,250 common shares, and the total number of shares in the Corporation as of August 29, 2014 [...]
Full Mining Rates at Siou and Fofina Result in Production of 72,700 Ounces Cash Flow from Operations of $38 Million MONTREAL, QUEBEC--(Marketwired - Aug 7, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today reported its financial and operating results for the three-month period ended June 30, 2014. All amounts are in US dollars unless otherwise stated [...]
As a result of the exercise of options, the total number of shares and votes in the Corporation has changed during July 2014 as follows. The number of shares has increased by 55,000 common shares, and the total number of shares in the Corporation as of July 31, 2014 amounts to 276,747,935 common shares. The total number of votes in the Corporation [...]
Zone 9 Returns Values Up to 8.38 (10.49 uncut) g/t Au over 17.5 meters MONTREAL, QUEBEC--(Marketwired - Jul 29, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today announced results from an initial Siou infill core drilling program between 180 and 225 meters vertical depth, which has the objective of replacing and increasing the reserves base at Siou by [...]
MONTREAL, QUEBEC--(Marketwired - Jul 24, 2014) - SEMAFO (TSX:SMF)(OMX:SMF) today announced that the Corporation's 2014 second-quarter results will be released on Thursday, August 07, 2014 prior to TSX open. The financial statements will be available on the Corporation's website at www.semafo.com or at www.sedar.com. SEMAFO's senior management will [...]