Starcore Announces Results of Annual General Meeting

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

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

October 6, 2022 TSX: SAM

OTCQB: SHVLF

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 6, 2022.

Shareholders elected all directors nominated by management, as follows:

Director Percentage of

Votes For

Pierre Alarie 79.69%

Gary Arca 79.69%

Robert Eadie 79.69%

Jordan Estra 99.95%

Salvador Garcia 79.69%

Tanya Lutzke 99.95%

Federico Villaseñor 99.95%

Shareholders also approved all other matters presented at the Meeting, including the appointment of Davidson

& Company LLP, Chartered Professional Accountants, as auditors of Starcore.

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

Executive Officer, Pierre Alarie as President, Gary Arca as Chief Financial Officer, Salvador Garcia as Chief

Operating Officer and Cory Kent as Corporate Secretary.

About Starcore

Starcore International Mines is engaged in precious metals production with focus and experience in Mexico.

This base of producing assets is complemented by exploration and development projects throughout North

America. The company is a leader in Corporate Social Responsibility and advocates value driven dec isions

that will increase long term shareholder value. You can find more information on the investor friendly website

here: www.starcore.com.

ON BEHALF OF STARCORE INTERNATIONAL

MINES LTD.

Signed “Robert Eadie”

Robert Eadie, Chief Executive Officer

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FOR FURTHER INFORMATION PLEASE CONTACT:

EVAN EADIE

Investor Relations

Telephone: (604) 602-4935 x 230

Toll Free: 1-866-602-4935

Email: [email protected]

The Toronto Stock Exchange has not reviewed, nor does it accept responsibility

for the adequacy or accuracy of this press release.