Starcore Announces Results of Annual General Meeting


VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 18, 2016) - Starcore International Mines Ltd. (TSX:SAM) ("Starcore" or the "Company") reports the results of its annual general meeting of shareholders (the "Meeting") held on January 15, 2016.

Shareholders elected all directors nominated by management, as follows:

Director Percentage of Votes For
Robert Eadie
89.70%
Gary Arca 89.73%
David Gunning 89.73%
Cory Kent 89.73%
Jordan Estra 98.50%
Ken Sumanik 98.50%
Federico Villaseñor 98.50%
Michael Gunning 98.49%

At the Meeting, shareholders also approved the re-appointment of Deloitte LLP, Chartered Accountants, as auditors of Starcore and authorized the directors to fix their remuneration.

The Company also reports that shareholders approved the proposal to issue 3,993,203 common shares. (See press releases of August 11, 2015 & September 3, 2015.)

About Starcore

Starcore is engaged in exploring, extracting and processing gold and silver through its wholly-owned subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., which owns the San Martin mine in Queretaro, Mexico. The Company is a public reporting issuer on the Toronto Stock Exchange. The Company is also engaged in owning, acquiring, exploiting, exploring and evaluating mineral properties, and either joint venturing or developing these properties further. The Company has interests in properties located in Mexico, Canada and the United States.

More information on Starcore is available at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.

Signed "Robert Eadie"

Robert Eadie, President & Chief Executive Officer

Neither the Toronto Stock Exchange nor its Regulation Services Provider (accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Starcore International Mines Ltd.
Robert Eadie
President and Chief Executive Officer
604-602-4935
604-602-4936 (FAX)
Toll Free: 1-866-602-4935

Starcore International Mines Ltd.
Evan Eadie
Investor Relations
416-640-1936