On June 7, 2024, Starcore International Mines Ltd. closed the transaction. The company issued 3,333,333 units at a price of CAD 0.15 per Unit for gross proceeds CAD 499,999.95. Each Unit will be comprised of one common share and one common share purchase warrant.

Each whole Warrant exercisable for a period of two years from the date of issue to purchase one common share of at a price of CAD 0.25 per share. All securities issued in connection with the Financing are subject to a hold period of four months and one day in accordance with applicable Canadian securities laws. No commissions or finders?

fees were paid in connection with the Financing. The Company now has 75,530,184 common shares issued and outstanding following the closing of the Financing.