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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 ofVotes 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 decisions 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 INTERNATIONALMINES LTD.

Signed “Robert Eadie”Robert Eadie, Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

EVAN EADIEInvestor RelationsTelephone: (604) 602-4935 x 230Toll Free: 1-866-602-4935Email: eeadie@starcore.com

The Toronto Stock Exchange has not reviewed, nor does it accept responsibilityfor the adequacy or accuracy of this press release.

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