Vancouver, B.C. - Starcore International Mines Ltd. (the “Company”) announces that further to its news release of November 3, 2010, it has received Toronto Stock Exchange approval to extend the expiry of outstanding warrants from November 26, 2010 to November 26, 2011.
The Company currently has 12,842,500 warrants outstanding, issued pursuant to the financing that closed on November 26, 2009. The warrants are all exercisable at $0.15 per share and expire on November 26, 2010. Effective November 25, 2010, the Company will extend the expiry date of 12,330,000 warrants to November 26, 2011(10,487,500 of these warrants were issued to various placees and 1,842,500 were issued as Agent’s warrants). The 512,500 warrants that are held by insiders will remain unchanged and will expire on November 26, 2010.
For more information on the Company visit our website at www.starcore.com.
ON BEHALF OF STARCORE INTERNATIONAL
Signed “Robert Eadie”
Robert Eadie, Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT: Robert Eadie
Toll Free: 1-866-602-4935 / Facsimile: 1-604-602-4936
The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.