| Starcore Announces Approval of Normal Course Issuer Bid | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2014) - Further to its press release of August 20, 2014, Starcore International Mines Ltd. ("Starcore" or the "Company") (SAM.TO) is pleased to announce that it has received approval from the Toronto Stock Exchange ("TSX") to commence the previously announced normal course issuer bid to purchase common shares of the Company. The Company has allocated up to $1,000,000 for purchases of its common stock to be made on the TSX at the market price at the time of acquisition. Based on current market prices, the Company may purchase up to 6,666,666 common shares of Starcore, representing approximately 4.7 % of the public float of the Company, or 4.6% of the 143,515,465 issued and outstanding shares of the Company as at August 22, 2014. |
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Starcore International Ventures Ltd
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PRODUCER |
CODE : SAM.TO |
ISIN : CA85525T1030 |
CUSIP : 85525T103 |
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Starcore International is a gold exploration company based in Canada. Starcore International produces gold, silver and zinc in Mexico, and holds various exploration projects in Mexico. Its main asset in production is SAN MARTIN (MEXICO) in Mexico and its main exploration properties are CERRO DOLORES and EL TRANSITO in Mexico. Starcore International is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.4 millions as of today (US$ 4.0 millions, € 3.6 millions). Its stock quote reached its highest recent level on February 02, 2007 at CA$ 4.84, and its lowest recent point on December 05, 2019 at CA$ 0.05. Starcore International has 49 146 851 shares outstanding. |