Thursday, October 1, 2015

Semafo Inc. - SMF.t

Semafo Inc. - SMF.t owns and operates the flagship 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 expects production of between 235,000 and 260,000 ounces of gold for its current financial year.



On September 17, 2015 the company released News

"SEMAFO (TSX, OMX: SMF) today confirms that operations at its Mana Mine in Burkina Faso have not been interrupted by the coup d’état that erupted yesterday in the Ouagadougou area.

The Mana Mine is located 270 kilometers southwest and a five-hour road trip from the capital of Ouagadougou. We are closely monitoring the situation with our partners to ensure the continued safety and security of SEMAFO employees. 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 September 17, 2015 at 11:00 a.m., Eastern Daylight Time.

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http://pennystockjournal.blogspot.com/2014/01/semafo-inc-smft.html


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