Starcore Announces Results of Annual General Meeting

October 25, 2017 TSX: SAM

NEWS RELEASE

Starcore Announces Results of Annual General Meeting

Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “ Company”)

reports the results of its annual general meeting of shareholders (the “Meeting”) held on October 24,

2017.

Shareholders elected all directors nominated by management, as follows:

Director Percentage of

Votes For

Gary Arca 98.31%

Robert Eadie 98.22%

Jordan Estra 99.77%

Cory Kent 98.31%

Tanya Lutzke 99.76%

Ken Sumanik 99.77%

Federico Villaseñor 98.31%

At the Meeting, shareholders also approved the appointment of D avidson & Co mpany. LLP, Chartered

Accountants, as auditors of Starcore and authorized the directors to fix their remuneration. Shareholders

also approved amending the articles of the Company to allow for the direct registration system of the

Company’s securities.

Subsequent to the Meeting, the Board of Directors appointed Robert Eadie as Executive Chairman,

President and Chief Executive Officer, Gary Arca as Chief Financial Officer, Salvador Garcia as Chief

Operating Officer and Cory Kent as Corporate Secretary. The Board also appointed Salvador Garcia as an

additional director. “We welcome Salvador as a director of Starcore,” said Robert Eadie. “With h is

extensive experience in mining in Mexico and his hands-on involvement as COO of Starcore, he will be a

tremendous force in helping steer Starcore’s next stage of growth.”

Suite 750 – 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6

Suite 700, 350 Bay Street, Toronto, Ontario, Canada M5H 2S6

Telephone: (604) 602-4935 Fax: (604) 602-4936 e-mail. [email protected] website: www.starcore.com

About Starcore

Starcore is engaged in exploring, extracting and processing gold and silver through its wholly- owned

subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., which owns the San Martin mine in

Queretaro, Mexico. The Company is a public reporting issuer on the Toronto Stock Exchange. The

Company is also engaged in owning, acquiring, exploiting, exploring and evaluating mineral prope rties,

and either joint venturing or developing these properties further. The Company has interests in

properties located in Mexico, Canada and the United States.

More information on Starcore is available at www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL

MINES LTD.

Signed “Robert Eadie”

Robert Eadie, President & Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Robert Eadie

Telephone: 416-640-1936

Toll Free: 1-866-602-4935 / Facsimile: 604-602-4936

Investor Relations

Starcore International Mines Ltd.

Evan Eadie

Phone: 416-640-1936

Neither the Toronto Stock Exchange nor its Regulation Services Provider (accepts responsibility for the

adequacy or accuracy of this release.