Starcore Reports Oversubscribed $5 Million Financing

Core Insights - Starcore International Mines Ltd. has successfully oversubscribed its $5 million private placement, indicating strong investor interest [1][2] - The first tranche of the financing closed on September 26, 2025, raising gross proceeds of approximately $2.66 million through the issuance of over 10.64 million units, which included common shares and warrants [1] - The company is expanding its global reach, with participation from investors across seven different countries [2][3] Financial Details - Tranche 1 of the financing generated gross proceeds of $2,661,788.75 [1] - A total of 10,647,155 units were issued, which included 10,647,155 common shares and 5,323,577 warrants [1] - An additional 183,680 warrants were issued to finders for their efforts in the financing [1] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has exploration and development projects across North America [3] - The company is also involved in a project in Côte d'Ivoire, showcasing its international expansion [3] - Starcore emphasizes Corporate Social Responsibility and aims to make value-driven decisions to enhance long-term shareholder value [3]