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Starcore Closes Private Placement

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Starcore International Mines Ltd. (TSX: SAM) (the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Financing"), raising 5,000,000ingrossproceedsthroughtheissuanceof20,000,000units(the"Units")atapriceof5,000,000 in gross proceeds through the issuance of 20,000,000 units (the "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 (the "Warrants"), each whole Warrant exercisabl ...