SEMAFO Announces Re-Election of Directors

Montreal, Quebec, May 11, 2018 - Semafo (TSX, OMX: SMF) announces that at its Annual General Meeting of Shareholders held on May 10, 2018, all directors nominated in the 2018 management proxy circular were re-elected. A total of 233,580,184 common shares or 71.75% of our issued and outstanding common shares were represented in person or by proxy at the meeting.

Detailed results are as follows:

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

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

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 deposit, and is targeting production start-up of the Boungou Mine in the third quarter of 2018. 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 May 11, 2018 at 7:30 a.m., Eastern Daylight Time.

For more information, contact

SEMAFO
John Jentz
Vice-President, Corporate Development & Investor Relations
E-mail: John.Jentz@semafo.com

Ruth Hanna
Analyst, Investor Relations
E-mail: Ruth.Hanna@semafo.com

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