Semafo to Release 2011 Fourth Quarter and Year-End Financial Results on March 14, 2012

Conference Call Scheduled for March 15, 2012

MONTREAL, QUEBEC -- (Marketwire) -- 03/06/12 -- Semafo Inc. (TSX: SMF) (OMX: SMF) today announced that the Corporation's fourth quarter and year-end financial and operational results for the period ended December 31, 2011 will be released after TSX market open on Wednesday, March 14, 2012. The financial statements will be available on the Corporation's website at www.semafo.com or at www.sedar.com.


SEMAFO will host a conference call to discuss the results, as well as to provide an update on operations.

Conference Call:        Date:                   Thursday, March 15, 2012
                        Time:                   10:00 AM (EDT)
                        Tel. local & overseas:  +1 (416) 981-9000
                        Tel. North America:     1 (800) 917-9975

The conference call will feature Benoit La Salle, President and Chief Executive Officer, Benoit Desormeaux, Executive Vice-President and Chief Operating Officer, Martin Milette, Chief Financial Officer, Michel Crevier, Vice-President Exploration and Mine Geology and Qualified Person, and Patrick Moryoussef, Vice-President Mining Operations.

The conference call will be archived for replay until April 4, 2012. To access the archived conference call, please dial 1 (800) 558-5253 and enter pass code 21581882 followed by the number sign (#).

A live audio webcast of the conference can be accessed through SEMAFO's website at www.semafo.com. The webcast will be available for replay for a period of 90 days.


About SEMAFO

SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation currently operates three gold mines: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea. SEMAFO is committed to evolve in a conscientious manner to become a major player in its geographical area of interest. SEMAFO's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.



Contacts:

Semafo Inc.
Sofia St Laurent
Communications
514-744-4408 / Toll-Free:1-888-744-4408
sstlaurent@semafo.com
www.semafo.com

Maria Bang
Brunswick Group Stockholm
+46 (8) 410 32 189
mbang@brunswickgroup.com