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SYS-CON MEDIA Authors: Elizabeth White, Peter Silva, Glenn Rossman, Kevin Jackson, Michael Jannery

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Changed Number of Shares and Votes in SEMAFO

MONTREAL, QUEBEC -- (Marketwired) -- 02/28/14 -- 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 February as follows.

The number of shares has increased by 205,000 common shares, and the total number of shares in the Corporation as of February 28, 2014 amounts to 274,971,685 common shares. The total number of votes in the Corporation has increased by 205,000 and amounts to 274,971,685. The Corporation's share capital as of February 28, 2014 amounts to approximately SEK 7,399,488,043.

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 satellite deposits of Siou and Fofina. SEMAFO is committed to evolve in a conscientious manner through the responsible development of its high potential 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]

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

Ruth Hanna
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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