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Gold/Mining/Energy : EET Etruscan Enterprises T -- Ignore unavailable to you. Want to Upgrade?

To: Cal Gary who wrote (254)	6/9/2005 10:42:35 AM
From: Cal Gary	Read Replies (1) \| Respond to of 281

Related: Semafo board forms special committee Semafo Inc (TSX:SMF) Shares Issued 90,364,192 Last Close 6/8/2005 $1.39 Thursday June 09 2005 - News Release Mr. Benoit La Salle reports SEMAFO'S BOARD FORMS SPECIAL COMMITTEE WHICH APPOINTS WESTWIND AS FINANCIAL ADVISOR Semafo Inc. has formed a special committee following the hiring, by its majority shareholder Managem SA, of a financial adviser that has for assignment to seek and review Managem's alternatives with respect to its investment in Semafo. The mandate of the special committee consists of receiving and examining all proposed transactions that might be presented to Semafo by Managem, and to set out recommendations to the board of directors in connection therewith. Semafo's lead director, Jean Lamarre, acts as chairman of the special committee, and all the members thereof are independent, unrelated and external directors of Semafo. For its part, the special committee has appointed Westwind Partners Inc. to assist it in such task and to provide it with related financial services. The board of directors, the special committee and Westwind are committed to work with a view to serve the best interests of Semafo and its shareholders. © 2005 Canjex Publishing Ltd.