Gold Exploration in West Africa

[FL]

Is Semafo (SMF.TO) completely out of Ghana now?

On the one hand, Semafo's web-page http://www.semafo.com/frameset.html says it sold the Ebi Teleku/Anwia project to Adamus (ADU in Sydney and Toronto Venture):
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"GHANA
Ebi Teleku (Anwia deposit)

Semafo's Ebi Teleku property (Anwia project) in Ghana was sold to Adamus Resources Limited, an Australian company. At year-end, the transaction was subject to Adamus's shareholders approval. The approval was obtained on February 6, 2004.

The approximate total consideration for this transaction is $5.4 million. At closing on February 6, 2004, Semafo has received $300,000 in cash and 4,000,000 Adamus shares, valued at $4,041,312. The remaining cash payments are scheduled to be made four months after the closing date, for $200,000, one year after the closing date, for $500,000, and two years after the closing date, for $500,000.

Semafo was carrying, at year-end this project on its books at $1.00 .

Tinga

Negotiations are still on-going with a mining company interested in acquiring the concession."
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On a "Tinga" property in Ghana, Birim Goldfields (BGI.TO) has announced gold discoveries, e.g.:

"MONTREAL, QUEBEC--(CCNMatthews - Jan. 19, 2006) - Birim Goldfields Inc. (TSX:BGI) ("Birim" or "the Company") is pleased to release the third set of diamond core and reverse circulation (RC) drill results from the now complete Phase One drilling program on the Company's Tinga Far East gold deposit in Ghana."

and Birim's web page says:

"Drilling is already underway on Birim's newly acquired Tinga Prospecting Licence ("Tinga"), located in the Northern Region of Ghana. Birim acquired the 43.8 square kilometer Tinga concession from Semafo Inc. ("Semafo") in June, 2005 to consolidate current and potential resources in the vicinity of the Company's Kuri gold prospect which lies 10 kilometers to the east of Tinga (see attached map)."

So, does Semafo have any more interests in Ghana? (Other than owning four million shares of Adamus?)

FL