April 10, 2012
Vancouver, B.C. — Starcore International Mines Ltd.
(the “Company”) is pleased to announce that Serge Depatie of Montreal,
Quebec has joined the Board of Directors as a ninth director. The
Starcore Board now includes four independent Directors.
Serge Depatie is a mining and investment professional with close to 25
years of experience in senior management roles encompassing project
management to institutional portfolio management. Mr. Depatie is a
founding partner of NCP Investment Management (“NCPIM”), a multi-family
organization dedicated to growing its investments through active
participations. Prior to NCPIM, Mr. Depatie spent 10 years at Natcan
Investment Management Inc., participating in growing assets from $10
billion to $32 billion. Mr. Depatie was named top 50 portfolio manager
in Canada by Brendan Woods (Top Gun Awards) for 2008-2009 while his team
won the Lipper Award; 5 year Performance, Best Canadian Small Cap Fund
“The addition of Serge to the Starcore Board heralds the new horizons
for Starcore,” said Robert Eadie, Interim President & CEO of the
Company. “Serge will be invaluable in helping us usher Starcore to new
financial markets and shareholders, and in developing a renewed
awareness and understanding of the true value of the San Martin Mine.
Our Board welcomes his participation in our efforts to increase value
for our shareholders.”
ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.
Signed “Robert Eadie”
Robert Eadie, Executive Chairman, Interim President and
Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-602-4935
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.
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