SEMAFO TO RELEASE FIRST QUARTER FINANCIAL RESULTS ON MAY 14, 2008
Q1 CONFERENCE CALL SCHEDULED FOR MAY 15, 2008
Montreal, Quebec, May 1, 2008. - Semafo Inc. (TSX: SMF) will release its first quarter results for the period ended March 31, 2008 on May 14, 2008 and will host a conference call for the investor community to discuss the company's financial results as well as to provide an update on operations
Date: Thursday, May 15, 2008
Time: 10:00 AM (ET)
Tel. local & overseas: 1-416-644-3422
Tel. North America: 1-800-594-3615
The conference call will be archived for replay until June 15, 2008. To access the archived conference call, please dial (877) 289-8525 and enter pass code 21270864 followed by the number sign (#).
SEMAFO Annual Meeting of Shareholders: June 18, 2008 at 2:00 p.m.
We would like to take this opportunity to invite our shareholders to attend our upcoming Annual Meeting of Shareholders on June 18, 2008 at 2:00 p.m. at the Saint-Fran�ois Room of The Queen Elizabeth Hotel, 900 Ren�-L�vesque Blvd. West, in Montreal. Attendees will have the opportunity to ask questions and meet the management team and Board of Directors.
Semafo is a Canadian-based mining company with gold production and exploration activities in West Africa. The Company currently operates three gold mines in Burkina Faso, Niger and Guinea. Semafo is committed to evolve in a conscientious manner to become a major player in its geographical area of interest, while maintaining principles and strengthening relationships to increase shareholder value.
This press release may contain forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding expectations of the Company as to the market price of gold, strategic plans, future commercial production, production targets, timetables, mining operating expenses, capital expenditures, and mineral reserve and resource estimates. Forward-looking statements involve known and unknown risks and uncertainties and accordingly, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, fluctuations in the market price of precious metals, mining industry risks, uncertainty as to calculation of mineral reserves and resources, risks related t
o hedging strategies, risks of delays in construction, requirements of additional financing and other risks described in the Company's documents filed from time to time with Canadian securities regulatory authorities. Although the Company is of the opinion that these forward-looking statements are based on reasonable assumptions, those assumptions may prove to be incorrect. Accordingly, readers should not place undue reliance on forward-looking statements. Readers can find further information with respect to risks in the Annual Information Form of the Company and other filings of the Company with Canadian securities regulatory authorities available at www.sedar.com. The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.
For more information contact :
BENOIT LA SALLE,
PRESIDENT & CEO
TEL :&NBSP; (514) 744-4408
E-MAIL :&NBSP; BLASALLE@SEMAFO.COM&NBSP;
RENMARK FINANCIAL COMMUNICATIONS INC.&NBSP;:
MAURICE DAGENAIS : MDAGENAIS@RENMARKFINANCIAL.COM
JASON ROY : JROY@RENMARKFINANCIAL.COM
TEL :&NBSP; (514) 939-3989
FAX : (514) 939-3717