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SEMAFO Reports Cash Flow from Operations of $142.2 Million in 2016

MONTREAL, QUEBEC--(Marketwired - March 8, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2016. All amounts are in US dollars unless otherwise stated.

2016 - The Year in Review

-- Achieved production and cost guidance for a ninth consecutive year - Gold production of 240,200 ounces, a 6% decrease compared to 2015 - Total cash cost(1)of $548 per ounce sold and all-in-s

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