Bantou Resource Goal of 2.5 - 3.0 Million Ounces by End of 2020 Semafo Inc. is pleased to announce another solid quarter of operations, development and exploration activities for the three-month period ended June 30, 2019. All amounts are in US dollars unless otherwise stated. Highlights Consolidated gold production of 99,800 ounces Cash flow [...]
Mana 2019 Guidance Revised to 130,000–140,000 Oz; Boungou Unchanged Semafo Inc. reports that there was a pit wall failure at Mana in the Wona pit. No mining was underway in the area, and no-one was injured. Event A pit wall failure occurred on Friday, and our team has been working diligently on assessing the impact. The incident took place in the [...]
SEMAFO , reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options and warrants, including in connection with the acquisition of Savary Gold Corp., the number of issued and outstanding shares of SEMAFO has increased from 333,979,993 to 334,435,433 common shares with voting [...]
SEMAFO invites you to participate in a conference call on August 7, 2019 at 10:00 AM EDT with senior management during which they will review the Corporation's second quarter 2019 financial and operational results. SEMAFO's financial statements and management's discussion and analysis for the second quarter 2019 will be released on August 6 after [...]
MONTREAL, Québec, June 28, 2019 /CNW Telbec/ - SEMAFO reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of warrants and options related to the closing of the acquisition of Savary Gold Corp. in addition to the exercise of SEMAFO options, the number of issued and outstanding [...]
SEMAFO is happy to announce that it will hold an investor day webcast on Thursday, June 6 at 1 pm EDT. Webcast Participants To register, please copy and paste the link below into your browser. Once registered, you may submit questions for the Q&A sessions through the web messaging button. http://www.smpav.ca/sign-in.php?ID=41468 Dial-in [...]
Broad Disseminated Gold Mineralization Returns up to 2.45 g/t Au over 128m SEMAFO today announced results of its ongoing exploration program at Bantou, including 43 holes on a new significant gold discovery called Bantou Nord. Figure 1 shows that the Bantou Nord Zone is located 1.5 kilometers northeast of the Bantou Zone, which hosts an inferred [...]
MONTREAL, May 10, 2019 /CNW Telbec/ - SEMAFO announces that at its Annual General Meeting of Shareholders held on May 9, 2019, all directors nominated in the 2019 management proxy circular were elected. A total of 209,297,330 common shares or 64.24% of our issued and outstanding common shares were represented in person or by proxy at the meeting [...]
Development Pipeline Significantly Strengthened with Savary Acquisition Semafo Inc. is pleased to announce record production of 102,400 ounces of gold and cash flow from operating activities1 of $79 million or $0.24 per share2 for the quarter ended March 31, 2019. All amounts are in US dollars unless otherwise stated. Highlight of Q1 2019 [...]
Semafo Inc. reports that it has acquired Savary Gold Corp. by way of a three-cornered amalgamation . Under the terms of the Transaction, Savary shareholders received 0.0336 SEMAFO common shares for each Savary common share . Immediately before the Transaction, SEMAFO owned 39,533,333 Savary Shares through a wholly owned subsidiary, representing [...]
SEMAFO reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of a share issue related to the closing of the acquisition of Savary Gold Corp. during the month of April, the number of issued and outstanding shares of SEMAFO has increased from 325,818,298 to 333,117,705 common shares with voting rights as [...]
Update on Bantou 2019 Exploration Semafo Inc. is pleased to announce completion of the previously announced acquisition whereby SEMAFO acquired all of the issued and outstanding shares of Savary Gold Corp. . SEMAFO is also pleased to provide an update on the Bantou 2019 exploration program. Completion of the Savary Acquisition Under the terms of [...]
