VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/06/12 -- Starcore International Mines Ltd. (the 'Company') (TSX: SAM) is pleased to announce that after payment of the final forward sales contract for the sale of gold at $731 on January 31, 2013, the Company expects to be in a position of generating significant net cash flow. At such point, the Board of Directors anticipates that it will use its surplus funds to expand
Starcore Repays US$3.2 Million Debt One Year Ahead of Schedule
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/02/12 -- Further to its press releases of January 24th and January 31st, 2012, Starcore International Mines Ltd. (TSX: SAM) (the 'Company') announces that it has repaid its outstanding loan with Investec Bank (U.K.) Limited ('Investec') of approximately US$3.2 million, which funds were used to acquire the San Martin Mine in Queretaro, Mexico.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/31/12 -- Further to its press release of January 24, 2012, Starcore International Mines Ltd. (TSX: SAM) (the 'Company') announces that it has closed its non-brokered financing for gross proceeds of $2,252,500. The financing was in the form of 9,010,000 Units at $0.25 per Unit (a 'Unit'), each Unit comprised of one common share of the Company (a 'Common Share') and
Starcore announces it has arranged a non-brokered private placement for gross proceeds of up to $2,250,000. The private placement will consist of up to 9,000,000 Units at a price of $0.25 per unit. Each unit is comprised of one common share of Starcore and one-half of one transferable common share purchase warrant, each whole warrant exercisable for a period of two years from the date of issue to purchase one common share [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/19/12 -- Starcore International Mines Ltd. (TSX: SAM) (the 'Company') is pleased to announce the results of its Annual General Meeting of Shareholders held on January 13, 2012.
-- Shareholders voted for the re-election of the following directors:
-- Robert Eadie (Executive Chairman, CEO and Interim President) -- Gary Arca (Chief Financial Officer
Starcore International Mines Ltd. has filed the results for the quarter ended October 31, 2011 for the Company and its mining operations. Over the first quarter ended October 31, 2011, the Company is pleased to report record quarterly results, including revenues of $20.4 million, earnings from mining operations of $7.3 million and earnings for the period of $3.2 million, which includes a net $3.1 million realized and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/09/11 -- Starcore International Mines Ltd. (TSX: SAM) (the 'Company') announced today that Ralf Kleine is stepping down as President of the Company and will be handing overall responsibility for the day-to-day operations at the San Martin Mine in Queretaro to Robert Eadie, Executive Chairman and CEO of the Company. Kleine, who has been providing leadership at the San
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/11 -- Starcore International Mines Ltd. (TSX: SAM) (the 'Company') is pleased to announce production results for the first quarter of the fiscal year started August 1, 2011 at its San Martin Mine in Queretaro, Mexico.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/01/11 -- Starcore International Mines Ltd. (TSX: SAM) (the 'Company') has filed the results for the year ended July 31, 2011 for the Company and its mining operations from the San Martin Mine. Over the year ended July 31, 2011, the Company reports revenues of $39.5 million, earnings from mining operations of $13.8 million and a net loss of $4.0 million, which includes a
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/28/11 -- Starcore International Mines Ltd. (the 'Company') is pleased to announce results from drilling west and north of the 29 area mantos at its San Martin Mine in Queretaro, Mexico.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/22/11 -- Starcore International Mines Ltd. (TSX: SAM) (the 'Company') is pleased to announce results of a recently completed reserve estimate for its San Martin Mine in Queretaro, Mexico.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/29/11 -- Starcore International Mines Ltd. (the 'Company') (TSX: SAM) is pleased to announce production results for the fiscal year ended July 31, 2011 at its San Martin Mine in Queretaro, Mexico.