MISSION STATEMENT

Vision:

Build an ethical, reputable, world-class gold company through a combination of exploration, development and acquisition.

Corporate Mission

Establish enduring relationships with the countries in which we operate and through our experience, expertise and financial acumen, to responsibly develop natural resources.

Humanitarian Mission

Make sustainable contributions to improve the quality of life and livelihoods of the communities in which we operate through social, health, education and environmental policies and programs.

ENVIRONMENTAL STATEMENT

SEMAFO is committed to continue to meet and raise the bar on our environmental efforts and performance.

Since SEMAFO’s first project development in 2000, it has been management’s belief that the ongoing sustainability of our organization is directly related to the establishment and maintenance of good stewardship practices. Today, we continue these practices through the efficient extraction of mineral resources and protection of the environment.

At SEMAFO, we are committed to establishing and maintaining comprehensive management systems and processes to effectively monitor and control the environmental aspects of our activities. We believe that the safety, the well being of people along with the preservation and conservation of the environment are integral parts of our business.

SEMAFO conducts all operations in an environmentally conscious manner while ensuring compliance with applicable national and local regulations. All SEMAFO sites undergo rigorous environmental analysis throughout the mine lifecycle.

Water monitoring and vigilant resource management practices have been put in place in order to protect this natural commodity. Instrumentation has been installed to measure and control usage and, when possible, recycle water in the operating processing systems.

We are committed to responsible waste management policies and procedures in order to ensure the safety of people and the protection of the environment.

By protecting the environment, SEMAFO is committed to enhancing the quality of life in the communities in which it operates.

FORWARD-LOOKING STATEMENT

This web site contains 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 this web site and in the Company’s other 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.