Voting Results from SEMAFO Inc.'s Annual General and Special Meeting of Shareholders

Marketwired

MONTREAL, QUEBEC--(Marketwired - May 15, 2014) - SEMAFO (SMF.TO)(SMF.ST) 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

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