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Semafo Inc (SMF.TO)

SMF.TO on Toronto Stock Exchange

6.36CAD
23 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Semafo Q2 adjusted EPS $0.05
Wednesday, 10 Aug 2016 07:00am EDT 

Semafo Inc : Semafo: cash flow from operations of $37.4 million in second quarter 2016 . Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Qtrly gold production of 61,300 ounces compared to 66,000 ounces for same period in 2015 .Qtrly gold sales of $76.6 million compared to $81.1 million for same period in 2015.  Full Article

SEMAFO Q1 earnings per share $0.05
Wednesday, 11 May 2016 07:00am EDT 

SEMAFO Inc : Qtrly gold production of 61,300 ounces compared to 65,200 ounces for same period in 2015 . Qtrly gold sales of $74.6 million compared to $74.0 million for same period in 2015 . Q1 adjusted earnings per share $0.03 . Says total exploration budget increased to $18.0 million following positive results at mana and natougounatougou development . SEMAFO: cash flow from operations of $35.2 million in first quarter 2016 . Q1 earnings per share $0.05 .Q1 earnings per share view $0.03 -- Thomson Reuters I/B/E/S.  Full Article

SEMAFO Inc announces c$75 million bought deal financing
Monday, 4 Apr 2016 04:41pm EDT 

SEMAFO Inc:Announces c$75 million bought deal financing.Says entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and Clarus Securities Inc under which the underwriters have agreed to buy on bought deal basis 17,250,000 common shares at a price of $4.35 per common share for gross proceeds of about $75 million.Offering is expected to close on or about April 22.Net proceeds of offering will be used for exploration expenditures at Mana and Natougou, to further enhance company's financial flexibility with respect to Natougou project as well as for working capital and general corporate purposes.  Full Article

SEMAFO Inc gives FY 2016 production guidance
Wednesday, 20 Jan 2016 07:00am EST 

SEMAFO Inc:Expects FY 2016 production of between 225,000 and 245,000 ounces of gold.  Full Article

SEMAFO Inc reaffirms FY 2015 production guidance
Wednesday, 5 Aug 2015 08:00am EDT 

SEMAFO Inc:Sees FY 2015 production guidance remains unchanged at between 245,000 and 275,000 ounces.  Full Article

SEMAFO Inc reaffirms FY 2015 production guidance - Conference Call
Tuesday, 12 May 2015 08:00pm EDT 

SEMAFO Inc:Reconfirms FY 2015 gold production guidance of between 245,000 and 275,000 ounces.  Full Article

SEMAFO Inc reaffirms FY 2015 production guidance
Thursday, 12 Mar 2015 07:30am EDT 

SEMAFO Inc:Maintains FY 2015 production guidance of between 245,000 and 275,000 ounces.  Full Article

SEMAFO closes C$57.9 mln bought deal financing secures $90 mln credit facility
Wednesday, 4 Mar 2015 09:10am EST 

SEMAFO:Closes the bought deal private placement announced Feb. 11 as well as arranged a credit facility from Macquarie Bank Limited.Company issued, on a bought deal private placement basis, a total of 15,640,000 common shares at a price of C$3.70 per common share, which includes the exercise of the Underwriters' over-allotment option in full for aggregate gross proceeds of C$57,868,000.Offering was completed by a syndicate of underwriters led by Clarus Securities Inc. and included BMO Capital Markets, CIBC World Markets Inc., Paradigm Capital Inc. and Scotia Capital Inc.Plans to use the net proceeds of the Offering to partly fund the purchase of Orbis Gold Limited, as well as for working capital and general corporate purposes.In addition, SEMAFO has obtained a $90 mln senior secured credit facility from Macquarie Bank Limited.Facility will be used to fund the Company's acquisition of Orbis Gold Limited.Facility has a three- year term and is repayable in three annual amounts of $30 mln on the first, second and third anniversaries of closing.Facility bears interest at LIBOR plus 6.5 pct and replaces the short-term Sprott facility, which has been cancelled.  Full Article

SEMAFO Inc announces compulsory acquisition of shares in Orbis Gold Ltd
Tuesday, 3 Mar 2015 12:05am EST 

SEMAFO Inc:Conducted off-market takeover bid for all fully paid ordinary shares in Orbis Gold Ltd.Offer period ended on Feb. 27.At end of offer period, SEMAFO had relevant interest in about 96.7 pct. of shares in Orbis, and is entitled to proceed to compulsory acquisition of all ordinary shares in Orbis for which it did not receive valid acceptances.Under compulsory acquisition procedure, shareholders will receive A$0.713 per share in Orbis that they hold.  Full Article

SEMAFO Inc announces upsize of previously announced bought deal financing to C$50,320,000
Wednesday, 11 Feb 2015 09:48am EST 

SEMAFO Inc:Amends the terms of its previously announced bought deal private placement offering to increase size of offering to C$50,320,000.Under terms of Upsized Offering, a syndicate of Underwriters led by Clarus Securities Inc. have agreed to purchase, on a bought deal private placement basis, 13,600,000 common shares of SEMAFO at a price of C$3.70 per share for aggregate gross proceeds of C$50,320,000.Also granted to Underwriters an over-allotment option to purchase up to an additional 2,040,000 common shares at the same price, exercisable by the Underwriters up to two days prior to closing, for additional gross proceeds to the Company of up to C$57,868,000.Plans to use net proceeds to partly finance the purchase of Orbis Gold Limited, as well as for working capital and general corporate purposes.  Full Article

BRIEF-Semafo Q2 adjusted EPS $0.05

* Semafo: cash flow from operations of $37.4 million in second quarter 2016