Starcore International Mines Ltd. (TSX: SAM, OTC: SHVLF) (the “company” or “Starcore”) reports that the private placement of $ 5 million announced on 25 August 2025 is overtaken. The company closed Tranche 1 of the financing on 26 September 2025, with a gross yield of $ 2,661.788.75 by the issue of 10.647.155 units consisting of 10.647.155 ordinary shares and 5.323.577 Warrants to Vinderers, with another 183,680 Warrants. attribute to their attempts.
“Now that Tranche 2 is largely over -signed, we are very happy that we have received the support of so many investors from seven different countries who want to participate in this financing,” said Robert Eadie, President and CEO of the company. “Unfortunately, we can no longer accept registrations for this offer. We look at it from new shareholders whose participation reflects the growing global reach of Starcore.”
The company will continue to provide updates and publish a press release once the over -written offer is tailored and approved in advance for closure.
About Starcore
Starcore International Mines is involved in the production of noble metals with focus and experience in Mexico. While this basis of means of production is supplemented by exploration and development projects throughout North America, Starcore has expanded its reach internationally with the project in Ivory Coast. The company is a leader in the field of corporate social responsibility and argues for value -driven decisions that will increase the shareholder value in the long term. You can find more information on the investor -friendly website: www.starcore.com.
On behalf of Starcore International
Mines ltd.,
(Signed) “Robert Eadie”
Robert Eadie, president and general director
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