Starcore announces results of the annual general meeting

Starcore announces results of the annual general meeting

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Starcore International Mines Ltd. (TSX: SAM,OTC:SHVLF) (“Starcore” or the “Company”) reports the results of its annual general meeting of shareholders (the “Meeting”) held on October 24, 2025, attended by 48.75% of voting shareholders.

The shareholders have elected all directors nominated by management as follows:

DirectorPercentage of votes in favor
Gary Arca85.44%
Robert Eadie85.44%
Jordan Estra99.94%
Salvador García85.44%
Federico Villasenor85.52%

All other matters presented at the Meeting received over 96% shareholder approval at the meeting, including the appointment of Baker Tilly WM LLP, Chartered Professional Accountants, as auditors of Starcore, and most importantly:

  • the Plan or Arrangement for the spin-off of the Company’s interests in mineral resources in Ivory Coast; And
  • the private placement offering to raise up to $5,000,000 through the distribution of up to 20 million units at $0.25 per unit.

Following the Meeting, the Board of Directors appointed Robert Eadie as President and Chief Executive Officer, Salvador Garcia as Chief Operating Officer, Gary Arca as Chief Financial Officer and Cynthia Avelino as Corporate Secretary.

About Starcore
Starcore International Mines is engaged in the production of precious metals with focus and experience in Mexico. While this base of production assets is complemented by exploration and development projects throughout North America, Starcore has expanded its reach internationally with the Ivory Coast project. The company is a leader in corporate social responsibility and advocates value-driven decisions that will increase long-term shareholder value. More information can be found on the investor-friendly website www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL
MINE LTD.

(Signed) “Robert Eadie”
Robert Eadie, president and chief executive officer

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The Toronto Stock Exchange has not assessed the situation and accepts no responsibility
for the suitability or accuracy of this press release.

NOT FOR DISTRIBUTION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271926


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