SEMAFO Sells Its Interest in the Samira Hill Mine in Niger

SEMAFO Inc. (TSX:SMF)(OMX:SMF) today announced the closing of the sale of its
80% interest in Societe des Mines du Liptako S.A. ("SML") to Societe de
Patrimoine des Mines du Niger S.A.("SOPAMIN"). 


African GeoMin Mining Development Corporation Limited ("AGMDC"), a wholly-owned
indirect subsidiary of SEMAFO, sold to SOPAMIN its 80% interest in SML, owner of
the Samira Hill mine in Niger, as well as its exploration permits.


On closing of the transaction, SEMAFO received a cash payment of US$1.25 million
and retained a fixed net smelter return ("NSR") royalty of 1.2% on all gold
production from the Samira Hill plant payable by SOPAMIN to SEMAFO. The NSR is
payable only if the spot price of gold is at or greater than US$1,250 per ounce,
and is capped at US$12 million. 


About SEMAFO 

SEMAFO is a Canadian-based mining company with gold production and exploration
activities in West Africa. The Corporation currently operates two gold mines:
the Mana Mine in Burkina Faso and the Kiniero Mine in Guinea. SEMAFO is
committed to evolve in a conscientious manner through the responsible
development of its high potential Mana property. SEMAFO's strategic focus is to
maximize shareholder value by effectively managing its existing assets as well
as pursuing organic and strategic growth opportunities.


CAUTION CONCERNING FORWARD-LOOKING STATEMENTS 

This press release contains forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and assumptions and
accordingly, actual results and future events could differ materially from those
expressed or implied in such statements. You are hence cautioned not to place
undue reliance on forward-looking statements. Forward-looking statements include
words or expressions such as "committed", "evolve", "become", "pursuing",
"growth", "opportunities" and other similar words or expressions. Factors that
could cause future results or events to differ materially from current
expectations expressed or implied by the forward-looking statements include the
ability to receive payment from the NSR, the ability to execute on our strategic
focus, fluctuation in the price of currencies, gold or operating costs, mining
industry risks, uncertainty as to calculation of mineral reserves and resources,
delays, political and social stability in Africa (including our ability to
maintain or renew licenses and permits) and other risks described in SEMAFO's
documents filed with Canadian securities regulatory authorities. You can find
further information with respect to these and other risks in SEMAFO's 2012
Annual MD&A, as updated in SEMAFO's 2013 First, Second and Third Quarter MD&As,
and other filings made with Canadian securities regulatory authorities and
available at www.sedar.com. These documents are also available on our website at
www.semafo.com. SEMAFO disclaims any obligation to update or revise these
forward-looking statements, except as required by applicable law.


The above information has been made public in accordance with the Swedish
Securities Market Act and/or the Financial Instruments Trading Act.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SEMAFO
Robert LaValliere
Vice-President, Investor Relations
Cell: +1 (514) 240 2780
robert.lavalliere@semafo.com


Ruth Hanna
Communications & Investor Relations
Ruth.Hanna@semafo.com
Tel. local & overseas: +1 (514) 744 4408
North America Toll-Free: 1 (888) 744 4408
www.semafo.com

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