MONTREAL, QUEBEC -- (Marketwired) -- 07/27/16

SEMAFO (TSX:SMF)(OMX:SMF) invites you to participate in a conference call on August 10, 2016 at 10:00 AM EDT with senior management during which they will review the Corporation's second quarter 2016 financial results.

SEMAFO's financial statements and management's discussion and analysis for the second quarter 2016 will be released on August 10 prior to TSX open and will be available in the "Investor Relations" section of the Corporation's website at www.semafo.com, and on the Canadian Securities Administrators' website at www.sedar.com.

Tel. local & overseas:                +1 (647) 788 4922                     
Tel. North America:                   1 (877) 223 4471                      
Replay number:                        1 (800) 585 8367                      
Replay pass code:                     56308431                              
Replay expiration:                    August 31, 2016                       

A live audio webcast of the conference will be accessible for a period of 30 days through SEMAFO's website at www.semafo.com.

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's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.

The information in this release is subject to the disclosure requirements of SEMAFO under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on July 27, 2016 at 7:00 a.m., Eastern Daylight Time.

Contacts:
Robert LaValliere
Vice-President, Corporate Affairs & Investor Relations
Robert.Lavalliere@semafo.com
Cell: +1 (514) 240 2780

Ruth Hanna
Analyst, Investor Relations
Ruth.Hanna@semafo.com

Tel. local & overseas: +1 (514) 744 4408
North America Toll-Free: 1 (888) 744 4408
www.semafo.com