SEMAFO to Release First Quarter Financial Results on May 12, 2009 - Q1 Conference Call Scheduled for May 13, 2009


    MONTREAL, May 7 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) will release its
first quarter results for the three-month period ended March 31, 2009 on
Tuesday, May 12, 2009. In connection with the release, SEMAFO will host a
conference call on Wednesday, May 13th to discuss the Company's financial
results as well as to provide an update on operations.

    Conference call:
               Date:                  Wednesday, May 13, 2009
               Time:                  10:00 AM (ET)
               Tel. local & overseas: 1 (416) 644-3426
               Tel. North America:    1 (800) 594-3790

    Replay information:
               The conference call will be archived for replay until
               May 20th, 2009. To access the archived conference call, please
               dial (877) 289-8525 and enter pass code 2130 5082 followed by
               the number sign (#).

    About SEMAFO

    SEMAFO is a Canadian-based mining company with gold production and
exploration activities in West Africa. The Company currently operates three
gold mines in Burkina Faso, Niger and Guinea. SEMAFO is committed to evolve in
a conscientious manner to become a major player in its geographical area of
interest, while maintaining principles 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 the Company's expectations 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 Company's Annual Information Form and
other filings with Canadian securities regulatory authorities available at 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, Toll-Free: 1-888-744-4408,; Sofia St Laurent,
Communications, (514) 744-4408, Toll-Free: 1-888-744-4408,

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