Semafo Inc

Overview

Semafo Inc (Semafo) is an intermediate gold producer, based in Canada. It offers mining and exploration services such as production of gold and exploration activities in West Africa. Semafo exploration projects include Mana project, Boungou project, Kongolojoro project, Nabanga project and Koprhogo project. In addition, the company also involved in the operation of Mana Mine in Burkina Faso, that has high-grade satellite deposit of Siou deposits. It also involves in exploration, development and acquisition of mining companies. The company operates in Canada, and Burkina Faso. Semafo is headquartered in Montreal, Quebec, Canada.
Key Stats
Address
7th Floor, 100 Boulevard Alexis-Nihon, Montreal, H4M 2P3, Quebec
Headquarters

Canada

Contact

1 514 7444408

Website
www.semafo.com
No of Employees

1,235

Industry

Metals and Mining

Peer Comparison

Key Parameters Semafo IncIamgold CorpMandalay Resources CorporationGossan Resources Ltd
Key Information
Headquarters Canada Canada Canada Canada
Headquarter City Montreal TORONTO TORONTO WINNIPEG
Headquarter State/Province Quebec Ontario Ontario Manitoba
No. of Employees 1,235 5,222 467 4
Entity Type Private Public Public Public

Products & Services

Semafo is a mining company. The key products and services of the company includes the following:

Products
  • Product:
  • Gold
Services
  • Exploration

Employees

Name Position Board Since Age Biography
Benoit Desormeaux President; Chief Executive Officer; Director Executive Board 2012 - Mr. Benoit Desormeaux has been the President and the Chief Executive Officer of the company since August, 2012. Prior to...
Eric Paul-Hus Chief Compliance Officer; Secretary - Corporate; Vice President - Law Senior Management 2009 - Mr. Eric Paul-Hus has been the Chief Compliance Officer, Vice President of Law and Corporate Secretary of the company since...
John LeBoutillier Chairman Non Executive Board 2008 - Mr. John LeBoutillier is the Chairman of the company. He also serves as the Human Resources and Corporate Governance Committee...
Martin Milette Chief Financial Officer Senior Management 2006 - Mr. Martin Milette has been the Chief Financial Officer of the company since May 2006. Prior to this, he served...
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History

Year Event Description
2020 Plans/Strategy In June, the company announced its plans to delist its shares from the Nasdaq Stockholm.
2020 Acquisitions/Mergers/Takeovers In July, the company was acquired by Endeavour Mining Corp for approximately US$735 million.
2019 Acquisitions/Mergers/Takeovers In February, the company agreed to acquire Savary Gold Corp.
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Locations


Mana Mineral SARL

Address

Sector 13 Babanguida Avenue, Benda Street, Door 211
Burkina Faso

Telephone

226 50 36 95 92

SEMAFO Burkina Faso S.A.

Address

Sector 13, Babanguida Avenue
Burkina Faso

Telephone

226 50 369592

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
23 Mar 2020 Endeavour Mining Acquires Semafo Acquisition Endeavour Mining Corp Semafo Inc
04 Nov 2019 Compass Gold Raises USD4.09 Million in Private Placement of Common Shares Equity Offering Semafo Inc Compass Gold Corp
11 Feb 2019 SEMAFO Acquires Remaining Stake in Savary Gold Acquisition Semafo Inc Savary Gold Corp.
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