Semafo : Voting Results From SEMAFO Inc.'s Annual General Meeting of Shareholders
May 15, 2015 at 07:31 am EDT
Share
MONTREAL, QUEBEC--(Marketwired - May 15, 2015) - SEMAFO (TSX:SMF)(OMX:SMF) reported the voting results from its Annual General Meeting of Shareholders held on Thursday, May 14, 2015. A total of 223,064,701 common shares or 80.11% of our issued and outstanding common shares were represented in person or by proxy at the meeting.
Shareholders voted in favour of all items of business, including election of each director nominee by a majority of the votes cast as follows:
Nominee
Votes for
% of
Votes for
Votes
Withheld
% of Votes
Withheld
Terence F. Bowles
219,041,094
99.97
%
65,875
0.03
%
Benoit Desormeaux
218,929,788
99.92
%
177,181
0.08
%
Flore Konan
219,047,505
99.97
%
59,464
0.03
%
Jean Lamarre
215,824,993
98.50
%
3,281,976
1.50
%
John LeBoutillier
215,766,587
98.48
%
3,340,382
1.52
%
Gilles Masson
217,813,253
99.41
%
1,293,716
0.59
%
Lawrence McBrearty
218,949,388
99.93
%
157,581
0.07
%
Tertius Zongo
203,779,972
93.00
%
15,326,997
7.00
%
Additionally, the proposal to appoint PricewaterhouseCoopers LLP as the auditors of the Corporation was approved:
For:
96.63%
Abstain:
3.37%
Finally, an advisory resolution on the Corporation's approach to executive compensation was approved.
For:
98.33%
Against:
1.67%
About SEMAFO
SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation currently owns and operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits, and is developing the advanced gold deposit of Natougou. SEMAFO is committed to evolve in a conscientious manner through the responsible development of its Mana property. SEMAFO's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.
SEMAFO Inc. is a Canada-based mining company. Its segments include Mana, Burkina Faso; Natougou, Burkina Faso, and Other exploration. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations. Its properties include Mana project, which is located in Burkina Faso that includes the satellite Siou and Fofina deposits; Savary's Karankasso and Bantou property; Natougou advanced gold deposit, which is located approximately 320 kilometers east of Ouagadougou, and consists of a drill database of over 170 diamond, 625 multi-purpose (reverse-circulation (RC) pre-collar and core tail) and 550 RC drill holes; Banfora project, which is located approximately 200 kilometers south west of Mana, and Nabanga project, which is located approximately 250 kilometers south-east of Ouagadougou. Its subsidiaries include SEMAFO Burkina Faso S.A., Mana Mineral S.A., SEMAFO (Barbados) Ltd, Orbis Gold PTY LTD and Birimian Resources S.A.R.L.