SEMAFO Inc.
TSX : SMF
OMX : SMF

SEMAFO Inc.

May 15, 2015 07:30 ET

Voting Results From SEMAFO Inc.'s Annual General Meeting of Shareholders

MONTREAL, QUEBEC--(Marketwired - May 15, 2015) - SEMAFO (TSX:SMF)(OMX:SMF) reported the voting results from its Annual General Meeting of Shareholders held on Thursday, May 14, 2015. A total of 223,064,701 common shares or 80.11% 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 219,041,094 99.97 % 65,875 0.03 %
Benoit Desormeaux 218,929,788 99.92 % 177,181 0.08 %
Flore Konan 219,047,505 99.97 % 59,464 0.03 %
Jean Lamarre 215,824,993 98.50 % 3,281,976 1.50 %
John LeBoutillier 215,766,587 98.48 % 3,340,382 1.52 %
Gilles Masson 217,813,253 99.41 % 1,293,716 0.59 %
Lawrence McBrearty 218,949,388 99.93 % 157,581 0.07 %
Tertius Zongo 203,779,972 93.00 % 15,326,997 7.00 %

Additionally, the proposal to appoint PricewaterhouseCoopers LLP as the auditors of the Corporation was approved:

For: 96.63%
Abstain: 3.37%

Finally, an advisory resolution on the Corporation's approach to executive compensation was approved.

For: 98.33%
Against: 1.67%

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, and is developing the advanced gold deposit of Natougou. 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.

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