Further to their joint press release of November 20, 2014, Starcore International Mines and American Consolidated Minerals announce the closing of their previously announced plan of arrangement whereby Starcore was to acquire all of the outstanding common shares of AJC. The transaction was completed pursuant to a plan of arrangement in accordance with the Business Corporations Act (British Columbia), which was approved by [...]
Starcore and American Consolidated Minerals are pleased to announce that the American Consolidated shareholders have approved the previously announced proposed acquisition of American Consolidated by Starcore, pursuant to a plan of arrangement. The Transaction was approved by American Consolidated's shareholders at the Company's Special Meeting held on November 20, 2014. At the Meeting 4,509,614 votes were cast in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 19, 2014) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) announces production results for the fiscal 2015 first quarter, ending October 31, 2014, at its San Martin Mine in Queretaro, Mexico. Production for the first fiscal quarter at the San Martin mine was 5,381 gold equivalent ounces using the realized gold:silver ratio of 67.6:1. During Q1, a total of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 29, 2014) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) has filed the results for the year ended July 31, 2014 for the Company and its mining operations. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at www.starcore.com, or SEDAR at www.sedar.com. All financial [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 20, 2014) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) is pleased to announce results for a recently completed Reserve estimate for its San Martin Mine in Queretaro, Mexico. The result of the estimate, effective as of July 31, 2014 is Proven and Probable reserves totaling 486,586 tonnes at a grade of 2.31 g Au/t and 18.5 g Ag/t. In addition to the Proven [...]
Starcore International Mines and American Consolidated Minerals are pleased to announce the signing of a definitive arrangement agreement whereby Starcore would acquire all of the outstanding securities of AJC in an all-share transaction to be completed pursuant to a court approved Plan of Arrangement under the Business Corporations Act (BC). Under the terms of the planned acquisition, each AJC shareholder would receive [...]
Further to its press release of August 20, 2014, Starcore International Mines is pleased to announce that it has received approval from the Toronto Stock Exchange to commence the previously announced normal course issuer bid to purchase common shares of the Company. The Company has allocated up to $1,000,000 for purchases of its common stock to be made on the TSX at the market price at the time of acquisition. Based on [...]
Starcore is pleased to announce that the Board of Directors has declared its first annual dividend in the Company's history. A dividend of $0.02 per share on the Common Shares of the capital of the Company, payable on September 30, 2014 to shareholders of record on August 29, 2014, has been declared for 2014. The Company further announces that it has allocated up to $1,000,000 for a normal course issuer bid to purchase [...]
New Inventory software revealed that South Africa's Rand Refinery is missing 87,000 oz. of gold worth $114 million at today's prices. The lost chunk is the size of a conventional microwave. A small army of analysts is trying to figure out what that chunk of gold will be worth a year from now, or five years from now. "I remember watching gold when it was $35 an ounce and we thought if it ever hit $100, the world would come [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 11, 2014) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) announces production results for the fourth quarter of the fiscal year ending July 31, 2014, at its San Martin Mine in Queretaro, Mexico. Over the 3 months, the San Martin mine processed 77,768 tonnes of ore at an average grade of 2.42 g/t gold and 25.73 g/t silver resulting in the production of 5,749 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2014) - Starcore International Mines Ltd. (TSX:SAM) (the "Company") The Company reports that the heading in the news release of June 12, 2014 should have read "Starcore Earns $1.24 million in the Third Quarter". ON BEHALF OF STARCORE INTERNATIONAL MINES LTD. Gary Arca, Chief Financial Officer and Director The Toronto Stock Exchange has not reviewed nor does it accept [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 12, 2014) - Starcore International Mines Ltd. (the "Company") (TSX:SAM) has filed the results for the third quarter ended April 30, 2014 for the Company and its mining operations. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at www.starcore.com, or SEDAR at www.sedar.com. All financial [...]
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