6-K

STARCORE INTERNATIONAL MINES LTD. (SHVLF)

6-K 2022-07-05 For: 2022-07-05
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2022

Commission File Number 000-50922

STARCORE INTERNATIONAL MINES LTD.

(Translation of registrant’s name into English)

Suite 750 – 580 Hornby Street, Vancouver, B.C., Canada V6C 3B6

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X] Form 40-F [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [  ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [  ]

EXHIBITS

Exhibit No. Description
99.1 News Release dated July 4, 2022
99.2 News Release dated July 5, 2022

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

STARCORE INTERNATIONAL MINES LTD.

Date: Jul 5, 2022

By:

/s/ Gary Arca Gary Arca Chief Financial Officer

sam-ex991_6.htm

July 4, 2022TSX: SAM

Starcore Arranges Private Placement

Vancouver, B.C.  ...   Starcore International Mines Ltd. (the “Company”) announces it has approved a non-brokered private placement for gross proceeds of up to $1,200,000 (the “Financing”).  The private placement will consist of up to 6,000,000 units (the “Units”) at a price of $0.20 per Unit.  Each Unit is comprised of one common share of Starcore and one-half of one transferable common share purchase warrant (the “Warrants”), each whole Warrant exercisable for a period of four years from the date of issue to purchase one common share of Starcore at a price of $0.30 per share, provided that, if after the expiry of all resale restrictions, the closing price of the Company’s shares is equal to or greater than $0.40 per share for 20 consecutive trading days, the Company may, by notice to the Warrant holders (which notice may be by way of general news release), reduce the remaining exercise period of the Warrants to not less than 30 days following the date of such notice.

In accordance with the policies of the Toronto Stock Exchange (the “TSX”), the Company may pay finders’ fees to certain finders for such portion of the Financing as may be attributable to their efforts.

Certain insiders of the Company (namely the CEO and CFO) intend to participate in this Financing.

Proceeds of the Financing will be applied as follows:

•Geophysical surveys at El Creston and the Opodepe Project, located in Sonora, Mexico $715,000
•Geophysical surveys at the San Martin Mine, located in Queretaro, Mexico 425,000
•Financing costs, filing fees and commissions 60,000
Total $1,200,000.00

The private placement is subject to TSX acceptance and any required regulatory approvals.  All of the securities issued pursuant to this Financing will have a hold period expiring four months plus one day after the closing date.

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

Telephone:  (604) 602-4935   Fax:  (604) 602-4936    e-mail. info@starcore.com     website:  www.starcore.com

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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 INTERNATIONAL MINES LTD.

Signed “Robert Eadie” Robert Eadie, Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE Telephone: (604) 602-4935 x 205 Toll Free:   1-866-602-4935   Email: readie@starcore.com

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

sam-ex992_7.htm

July 5, 2022TSX: SAM

Starcore Ready to Close Private Placement

Vancouver, B.C.  Further to its news release of July 4^th^, 2022, Starcore International Mines Ltd. (TSX:SAM) (the “Company” or “Starcore”) announces it has confirmed a total of $1,200,000 in subscription funds and will be closing its non-brokered private placement upon Toronto Stock Exchange acceptance.  On closing, the Company will issue a total of 6,000,000 units (the “Units”) at a price of $0.20 per Unit.  Each Unit is comprised of one common share of Starcore and one-half of one transferable common share purchase warrant (the “Warrants”), each whole Warrant exercisable for a period of four years from the date of issue to purchase one common share of Starcore at a price of $0.30 per share, provided that, if after the expiry of all resale restrictions, the closing price of the Company’s shares is equal to or greater than $0.40 per share for 20 consecutive trading days, the Company may, by notice to the Warrant holders (which notice may be by way of general news release), reduce the remaining exercise period of the Warrants to not less than 30 days following the date of such notice.

The proceeds of the private placement will be used for geophysical surveys to be conducted at the Company’s projects in Sonora and Queretaro, Mexico.  Certain insiders, namely the Company’s CEO and CFO, participated in the private placement.  Information required by Multilateral Instrument 61-101 “Protection of Minority Security Holders in Special Transactions” will be included in a material change report to be filed by the Company under its profile on SEDAR at www.sedar.com.

The Company will pay $48,000 to Rodea GmbH as a  finder’s fee for the portion of the financing attributable to the finder’s efforts.

All of the securities issued pursuant to this private placement will have a hold period expiring four months plus one day after the closing date.

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 INTERNATIONAL MINES LTD.

Signed “Robert Eadie” Robert Eadie, Chief Executive Officer

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

Telephone:  (604) 602-4935   Fax:  (604) 602-4936    e-mail. info@starcore.com    website:  www.starcore.com

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FOR FURTHER INFORMATION PLEASE CONTACT:

ROBERT EADIE Telephone: (604) 602-4935 x 205 Toll Free:   1-866-602-4935   Email: readie@starcore.com

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