Conference call notification - Q3-2007 Financial Results



    TSX-SMF

    MONTREAL, Nov. 9 /CNW Telbec/ - SEMAFO (TSX - SMF) invites you to
participate in a conference call to discuss the company's 2007 third quarter
financial results:

    
    Date:                      Thursday, November 15, 2007
    Time:                      11:00 AM (Eastern time)
    Tel. local & overseas:     (416) 644-3421
    Tel. North America:        1-800-731-6941
    

    Quarterly Conference Call for Investors and Media

    In response to various requests, we have scheduled this conference call
for 11:00 am (Eastern time) in order to better accommodate west coast based
participants.
    The conference call will feature Benoit La Salle, President and Chief
Executive Officer, Benoit Desormeaux, Executive Vice-President and Chief
Operating Officer and Martin Milette, Chief Financial Officer.
    A replay of the conference call will be available as of 1:00 PM ET on
November 15, 2007 to November 22, 2007. Please dial (877) 289-8525 and enter
2125 2508 followed by #.
    We look forward to your participation and thank you for your interest in
Semafo.

    About SEMAFO

    Semafo is a Canadian-based mining company with gold production and
exploration activities located in West Africa. The Company currently operates
two gold mines with a third, the Mana mine in Burkina Faso, in the latter
stages of construction. Semafo is committed to evolve in a conscientious
manner to become a major player in its geographical area of interest, while
maintaining values and strengthening relationships to increase shareholder
value.

    FORWARD-LOOKING STATEMENTS

    This press release may contain forward-looking statements. These
forward-looking statements include, but are not limited to, statements
regarding expectations of the Company as to the market price of gold,
strategic plans, future commercial production, production targets, timetables,
mining operating expenses, capital expenditures, and mineral reserve and
resource estimates. Forward-looking statements involve known and unknown risks
and uncertainties and accordingly, actual results and future events could
differ materially from those anticipated in such statements. Factors that
could cause future results or events to differ materially from current
expectations expressed or implied by the forward-looking statements include,
but are not limited to, fluctuations in the market price of precious metals,
mining industry risks, uncertainty as to calculation of mineral reserves and
resources, risks related to hedging strategies, risks of delays in
construction, requirements of additional financing and other risks described
in the Company's documents filed from time to time with Canadian securities
regulatory authorities. Although the Company is of the opinion that these
forward-looking statements are based on reasonable assumptions, those
assumptions may prove to be incorrect. Accordingly, readers should not place
undue reliance on forward-looking statements. Readers can find further
information with respect to risks in the Annual Information Form of the
Company and other filings of the Company with Canadian securities regulatory
authorities available at www.sedar.com. The Company disclaims any obligation
to update or revise these forward-looking statements, except as required by
applicable law.




For further information:

For further information: SEMAFO: Benoit La Salle, President & CEO, (514)
744-4408, blasalle@semafo.com; Renmark Financial Communications Inc.: Tina
Cameron: tcameron@renmarkfinancial.com; Eric St-Pierre:
estpierre@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

Organization Profile

SEMAFO INC.

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