Endeavour To Combine with SEMAFO to create a leading West African Gold Producer
Endeavour Mining Corporation (TSX:EDV) (OTCQX:EDVMF) and SEMAFO Inc. (TSX:SMF) (OMX: SMF) are pleased to announce that they have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of …
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READ MOREMarch 23, 2020
SEMAFO: Positive PEA Results for Nabanga
SEMAFO Inc. (TSX:SMF), (OMX: SMF) is pleased to announce positive results from a preliminary economic assessment for its Nabanga project in Burkina Faso. Highlights Pre-tax NPV of $147 million and after-tax NPV of …
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READ MORESeptember 30, 2019
SEMAFO: Bantou Nord Discovery 1.5km Northeast of Bantou Zone
SEMAFO (TSX: SMF) today announced results of its ongoing exploration program at Bantou, including 43 holes (7,782 meters) on a new significant gold discovery called Bantou Nord. Figure 1 shows that the Bantou Nord Zone …
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READ MOREJune 3, 2019
SEMAFO and Savary Announce Non-Binding Letter of Intent for Acquisition of Savary by SEMAFO
SEMAFO Inc. (TSX: SMF) (OMX: SMF) and Savary Gold Corp. (TSX-V: SCA) are pleased to announce that they have entered into a non-binding letter of intent contemplating the acquisition by SEMAFO of all of the outstanding …
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READ MOREFebruary 11, 2019
SEMAFO Reports Production of 244,600 Ounces for 2018; Achieves Annual Production Guidance
SEMAFO Inc. (TSX: SMF) (OMX: SMF) reports 2018 production of 244,600 ounces of gold, achieving its annual production guidance. Operational Highlights Record quarterly production of 95,200 ounces of gold, due to a first …
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READ MOREJanuary 10, 2019
SEMAFO Closes C$115 Million Bought Deal Financing
SEMAFO Inc. (TSX:SMF) (OMX:SMF) today announced it has closed the bought deal financing announced on April 4, 2016. The Company issued a total of 26,450,000 common shares at a price of C$4.35 per common share, …
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READ MOREApril 24, 2016
SEMAFO Signs $120 Million Credit Facility
SEMAFO Inc. (TSX:SMF) (OMX:SMF) announces that it has executed the previously announced $120 million credit facility with Macquarie Bank Limited. The Facility is repayable in quarterly repayments of $15 million, from first quarter of 2019 to fourth …
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READ MOREMarch 30, 2016
SEMAFO Closes C$57.9 Million "Bought Deal" Financing Secures US$90 Million Credit Facility
SEMAFO Inc. (TSX:SMF) (OMX:SMF) today announced it has closed the bought deal private placement announced February 11, 2015 as well as arranged a credit facility from Macquarie Bank Limited. The Company issued, on a …
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READ MOREMarch 5, 2015
SEMAFO Suspends Operations at the Samira Hill Mine
SEMAFO Inc. (TSX:SMF)(OMX:SMF) today announced that operations have been suspended at its Samira Hill mine in Niger. The Corporation’s decision to suspend operations was disclosed in May 2013, noting that the mine would be placed …
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READ MOREAugust 26, 2013
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