Private Placement Closes

2018-03-07_nr_sam

Vancouver, B.C. …  Starcore International Mines Ltd.  (TSX:SAM) (the “Company” or “Starcore”) announces it has closed its non-brokered private placement through the issuance of 500,000 units at a price of $0.25 per unit for gross proceeds of $125,000. Each unit is comprised of one common share of Starcore and one-half of one transferable common share purchase warrant, each whole warrant exercisable for a period of four years from the date of issue to purchase one common share of Starcore at a price of $0.30 per share. (See press release of February 20, 2018.)

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