Starcore International Mines Ltd.
TSX : SAM

Starcore International Mines Ltd.

November 12, 2009 09:00 ET

Starcore Engages Financial Advisor

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 12, 2009) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) is pleased to announce that it has engaged Jordan Capital Markets Inc. ("Jordan Capital") as its financial advisor. Jordan Capital will advise Starcore with respect to corporate and strategic alternatives and will include the provision by Jordan of financial analysis and advice to the Company regarding any potential merger, acquisition, substantial asset purchase or sale, or other such transactions contemplated by the Company, or in responding to any offers for such transactions with the Company that may be made by one or more parties.

Should a transaction of a nature as described in the foregoing be completed, the agreement with Jordan Capital contemplates the payment of success-based fees by Starcore.

For more information on the Company visit our website at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

Robert Eadie, President & CEO

The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Starcore International Mines Ltd.
    Robert Eadie
    1-604-602-4935 or Toll Free: 1-866-602-4935
    1-604-602-4936 (FAX)
    www.starcore.com