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Changed Number of Shares and Votes in SEMAFO

MONTREAL, QUEBEC -- (Marketwired) -- 03/31/14 -- 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 March as follows.

The number of shares has increased by 1,093,750 common shares, and the total number of shares in the Corporation as of March 31, 2014 amounts to 276,065,435 common shares. The total number of votes in the Corporation has increased by 1,093,750 and amounts to 276,065,435. The Corporation's share capital as of March 31, 2014 amounts to approximately SEK 6,449,146,963.

The above information has been made public in accordance with the Swedish Financial Instruments Trading Act.

About SEMAFO

SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation operates the Mana Mine in Burkina Faso, which includes the high-grade Siou and Fofina satellite 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.

Contacts:
SEMAFO
Robert LaValliere
Vice-President, Investor Relations
Cell: +1 (514) 240 2780
[email protected]

Ruth Hanna
Communications & Investor Relations
Tel. local & overseas: +1 (514) 744 4408
North America Toll-Free: 1 (888) 744 4408
[email protected]

Sofia St. Laurent
Communications & Investor Relations
Tel. local & overseas: +1 (514) 744 4408
North America Toll-Free: 1 (888) 744 4408
[email protected]
www.semafo.com

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