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Closing of Business Combination Between SEMAFO and Endeavour Mining

MONTREAL, July01, 2020 /CNW Telbec/ - SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) is pleased to announce the successful completion of the previously announced plan of arrangement (the “Arrangement”) involving SEMAFO and Endeavour Mining Corporation (“Endeavour”) effective July 1, 2020. The SEMAFO shares will be delisted from the Nasdaq Stockholm and from the Toronto Stock Exchange. Further details regarding the Arrangement can be found in the joint management information circular of Endeavour and SEMAFO dated April 28, 2020 available on SEDAR under SEMAFO’s profile at www.sedar.com. CAUTION

SEMAFO Announces Update on Proposed Combination with Endeavour Mining

Montreal, Quebec, June 26, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) announced that Endeavour Mining Corporation (“Endeavour”) has received notice from the Minister of Innovation, Science and Economic Development that no order will be made under section 25.3(1) of the Investment Canada Act for a review of the previously announced plan of arrangement (the “Arrangement”) pursuant to which Endeavour will acquire all of the issued and outstanding shares of SEMAFO. As all regulatory and other approvals have now been obtained, SEMAFO and Endeavour are proceeding to complete the

Delisting of SEMAFO Shares from Nasdaq Stockholm

Montreal, Quebec, June 10, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) today announced that, in conjunction with the anticipated closing of the previously announced Plan of Arrangement transaction with Endeavour Mining Corporation (“Endeavour”), SEMAFO’s application to delist its shares from the Nasdaq Stockholm has been accepted by the Nasdaq Stockholm, conditional on closing of the transaction. As a result, the last day of trading of SEMAFO shares over the Nasdaq Stockholm will be June 24, 2020 with trading suspended effective June 25, 2020. SEMAFO shares will continue to be

SEMAFO Obtains Court Approval of the Arrangement with Endeavour

This is information that SEMAFO Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 Eastern time on May 29, 2020.Montreal, Quebec, May 29, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) is pleased to announce that the Superior Court of Québec today issued a final order approving the previously announced Plan of Arrangement pursuant to which SEMAFO will combine with Endeavour Mining Corporation (the “Arrangement”). The parties have now satisfied all

SEMAFO Obtains Shareholder Approval of the Arrangement with Endeavour

This is information that SEMAFO Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 Eastern time on May 28, 2020.Montreal, Quebec, May 28, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) is pleased to announce that its shareholders have approved the previously announced Plan of Arrangement pursuant to which it will combine with Endeavour Mining Corporation (the “Arrangement”). Over 99.7% of the votes cast by SEMAFO shareholders were in favour of the

SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $60 Million and Transaction Update

This is information that SEMAFO Inc. is obliged to make public pursuant to the EU Market Abuse Regulation.The information was submitted for publication, through the agency of the contact person set out below,at 9 p.m. Eastern time on May 12, 2020.Montreal, Quebec, May 12, 2020 – SEMAFO Inc. (TSX, OMX: SMF) is pleased to announce results of operations for the three-month period ended March 31, 2020. All amounts are in US dollars unless otherwise stated. Highlights The following 2020 highlights include a 4-week suspension of operations at the Boungou Mine. · Signing of

Endeavour and SEMAFO Announce Receipt of Interim Court Order and Mailing of Joint Information Circular

George Town & Montreal, May 1, 2020 /CNW Telbec/ - Endeavour Mining Corporation (TSX:EDV) (OTCQX:EDVMF) (“Endeavour”) and SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) are pleased to announce that they have filed the joint management information circular (the “Circular”) for the extraordinary general and special meetings of Endeavour and SEMAFO to be held on May 28, 2020 (the “Meetings”). The purpose of the Meetings is to seek approval for the previously announced proposed acquisition by Endeavour of all the issued and outstanding securities of SEMAFO by way of a Plan of Arrangement under the

Endeavour to Combine With Semafo to Create a Leading West African Gold Producer

All $ amounts are in US dollars unless otherwise stated · Creates top 15 global gold producer with +1 million ounces of gold production per year · Creates a leading West African gold producer with six operations and an attractive growth pipeline · Strengthens strategic positioning and enhances ability to manage risk · Offers ability to deliver significant synergies at corporate, country and asset level · Enhances capital market profile with greater ability to fund growth   · Exchange ratio of 0.1422x represents a 27.2% premium to the 20-day VWAP for SEMAFO and is accretive

SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $247 Million

Montreal, Quebec, March 3, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) is pleased to announce results of operations, development and exploration activities for the year-ended December 31, 2019. All amounts are in US dollars unless otherwise stated. 2019 - THE YEAR IN REVIEW  · Production increased by 39% to 340,900 ounces at an all-in sustaining cost (AISC) of $724 per ounce [1], representing a 24% decrease  · Cash flow from operating activities before changes in non-cash working capital increased to $247 million or $0.75 per share [1] · First production from Siou underground ·

SEMAFO Provides Notice of Fourth Quarter 2019 Results Release and Conference Call

Montreal, Quebec, February 26, 2020 /CNW/ - SEMAFO (TSX, OMX: SMF) invites you to participate in a conference call on March 4, 2020 at 10:00 AM EST with senior management during which they will review the Corporation's fourth quarter 2019 financial and operational results. SEMAFO's financial statements and management's discussion and analysis for the fourth quarter 2019 will be released on March 3, 2020 after market hours and will be available in the “Investor Relations” section of the Corporation's website at www.semafo.com,  and on the Canadian Securities

SEMAFO: Bantou Project Inferred Resource Increases to 2.2M oz

New Exploration Result of 14.6 g/t Au over 21m for Follow UpMontreal, Quebec, February 24, 2020 /CNW/ – SEMAFO (TSX, OMX: SMF) today announced an inferred mineral resource of 2.2 million ounces of gold at the Bantou Project in Burkina Faso. The resource statement will be published in early March, along with SEMAFO’s full reserves and resources statement, which are estimated as at December 31, 2019. Highlights •      Inferred mineral resource estimate of 2.2M oz representing 51 Mt at an average grade of 1.37 g/t Au •      The largest deposit, Bantou Nord, was discovered in 2019 and

SEMAFO Provides 2020 Outlook, Boungou Restart Plan

Fourth Quarter and Year-end 2019 ResultsMONTREAL, QC, February 6, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) today provided 2020 outlook for its Boungou and Mana Mines in Burkina Faso. The Corporation also announced fourth quarter and annual 2019 results. All amounts are in US dollars unless otherwise stated. Overview · Boungou processing plant has restarted, with initial three-month production of between 42,000 and 46,000 ounces expected from stockpiles at an all-in sustaining cost(1)(“AISC”) of between $530 and $560 per ounce · Boungou long-term plan is in progress ·

Changed Number of Shares and Votes in SEMAFO

Montreal, Quebec, December 31, 2019 /CNW/ – SEMAFO (TSX, OMX: SMF) reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, the number of issued and outstanding shares of SEMAFO has increased from 334,455,433 to 334,468,873 common shares with voting rights as at December 31, 2019. 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

SEMAFO: Corporate and Operational Update

Montreal, Quebec, December 2, 2019 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) provides a corporate and operational update following the November 11 Boungou update. Benoit Desormeaux, President and CEO of SEMAFO, states: “It has been a very difficult time, but our team has risen to the occasion. Initially we were focused on the safety, security and well being of the victims and their families and those of our employees, contractors and suppliers. It has been almost a month since the unprecedented attack, and we continue to support the victims and their families while working on plans for now and

SEMAFO Updates on Boungou

Montreal, Quebec, November 11, 2019 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) reports that over the weekend we began transportation of people by helicopter from the Boungou Mine site. Benoit Desormeaux, President and CEO of SEMAFO states: “Many of the people on-site need to be home with their families and to recover from last week’s incident. Myself and most of our senior management team are in-country ensuring all those affected are getting the support they require. Our priority continues to be their safety, security and well being.” A total of 241 of our employees, contractors

SEMAFO: Update on Attack on the Public Road Between Fada and Boungou

Montreal, Quebec, November 7, 2019 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) provides an update on yesterday’s attack on the public road between Fada and the Boungou Mine site in the Est region of Burkina Faso. The incident happened approximately 40 kilometers from the Boungou Mine. The convoy, escorted by military personnel, comprised five buses transporting SEMAFO national employees, contractors and suppliers. Information from Burkina Faso authorities, currently has 37 fatalities and 60 wounded. Benoit Desormeaux, President and CEO of SEMAFO, states: “We are devastated by this

SEMAFO: Attack on the Road Between Fada and Boungou in Est Region

Montreal, Quebec, November 6, 2019 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) (“SEMAFO”) regrets to report there was an attack on the road between Fada and the Boungou Mine site in the Est region of Burkina Faso. The incident happened approximately 40 kilometers from the Boungou Mine. The convoy, escorted by military personnel, comprised five buses transporting SEMAFO national employees, contractors and suppliers. Information currently has several fatalities and injuries. We will issue a more fulsome statement when complete details are known. Boungou mine site remains secured and our operations

SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $50 Million

Bantou Continues to Deliver Strong Exploration ResultsMontreal, Quebec, November 4, 2019 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) is pleased to announce results of operations, development and exploration activities for the three-month period ended September 30, 2019. All amounts are in US dollars unless otherwise stated. Highlights · Consolidated gold production of 68,800 ounces with Boungou contributing 55,600 ounces at $497 all-in sustaining cost(1) · Cash flow from operating activities before changes in non-cash working capital(1) of $49.5 million or $0.15 per share(1) · Net

SEMAFO Provides Notice of Third Quarter 2019 Results Release and Conference Call

Montreal, Quebec, October 17, 2019 – SEMAFO (TSX, OMX: SMF) invites you to participate in a conference call on November 5, 2019 at 10:00 AM EDT with senior management during which they will review the Corporation's third quarter 2019 financial and operational results. SEMAFO's financial statements and management's discussion and analysis for the third quarter 2019 will be released on November 4 after market hours and will be available in the “Investor Relations” section of the Corporation's website at www.semafo.com,  and on the Canadian Securities Administrators'

SEMAFO: Positive PEA Results for Nabanga

After-tax Net Present Value of $100 MillionMontreal, Quebec, September 30, 2019 – SEMAFO Inc. (TSX, OMX: SMF) is pleased to announce positive results from a preliminary economic assessment (“PEA”) for its Nabanga project in Burkina Faso. Highlights · Pre-tax NPV of $147 million and after-tax NPV of $100 million, using a 5% discount rate · LoM gold production of 571,000 ounces at AISC of $760/oz and a gold recovery of 92% during the 8 years of operations · Pre-production capital expenditure of $84 million, including 20% contingency, and $56 million in LoM sustaining capital ·

SEMAFO: 2019 Karankasso Exploration Budget Set at $5 Million

Program Dedicated to Exploring Extensive Untested Soil AnomaliesMontreal, Quebec, September 16, 2019 – SEMAFO (TSX, OMX: SMF) today announced that the 2019 exploration budget for the Karankasso portion of the Bantou Project has been set at $5 million. The program will focus on testing an extensive number of soil anomalies, many of which are located along the Karankasso trends that host the existing 805,000-ounce inferred mineral resource. With the addition of the $5-million provision for Karankasso, the 2019 exploration budget for the Bantou Project increases to US$16 million, and SEMAFO’s

Changed Number of Shares and Votes in SEMAFO

Montreal, Quebec, August 30, 2019 /CNW/ - SEMAFO (TSX, OMX: SMF) reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, the number of issued and outstanding shares of SEMAFO has increased from 334,435,433 to 334,455,433 common shares with voting rights as at August 30, 2019. 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 August 30,

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