MONTREAL, QUEBEC--(Marketwire - Jan. 31, 2012) - SEMAFO Inc. (TSX:SMF)(OMX:SMF)

As a result of the exercise of options, the total number of shares and votes in the Corporation has changed during January as follows.

The number of shares has increased by 25,000 common shares and the total number of shares in the Corporation as of January 31, 2012 amounts to 273,028,685 common shares. The total number of votes in the Corporation has increased by 25,000 and amounts to in total 273,028,685. The Corporation's share capital as of January 31, 2012 amounts to approximately SEK 12,764,091,023.

The above information has been made public in accordance with the Swedish Financial Instruments Trading Act.


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.

Contact Information:

Sofia St Laurent
Communications & Investor Relations
Tel local & overseas: +1 (514) 744 4408
Toll-Free: 1 (888) 744-4408

Maria Bang
Brunswick Group Stockholm
+46 (8) 410 32 189