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Starcore International Mines Ltd T.SAM

Alternate Symbol(s):  SHVLF

Starcore International Mines Ltd. is engaged in precious metals production with focus on Mexico. The Company is engaged in extracting and processing gold and silver in Mexico through the San Martin mine in Queretaro, Mexico. The San Martin mine is located about 47 about kilometers (km) in straight line, northeast of Queretaro City, Queretaro State, on local road No.100 and about 250 km northwest of Mexico City, near the towns of Bernal, Tequisquiapan and Ezequiel Montes. The San Martin mine complex consists of eight mining claims that cover 12,991.7805 hectares (ha). Its Kimourko Gold Project is located in the Lac region of central Ivory Coast, about 40 km south of the capital, Yamoussoukro. Its other projects include the El Creston Project, the Opodepe Project, and the Ajax Project. The El Creston molybdenum property is located in the State of Sonora, Mexico. The Ajax Molybdenum Property consists of about 11,718 ha and is located 13 km north of Alice Arm, British Columbia.


TSX:SAM - Post by User

Post by dataman69on Jan 26, 2006 9:22pm
226 Views
Post# 10255150

$.40 stock options granted

$.40 stock options grantedStarcore Int'l shareholders elect board at AGM 2006-01-26 18:46 ET - News Release Mr. Robert Eadie reports NEW DIRECTORS, NEW CFO Starcore International Ventures Ltd.'s annual general meeting of shareholders held on Jan. 25, 2006, elected the following individuals as directors for the ensuing year: Gary Arca, Robert Eadie, Carlos Galvan Pastoriza, Gary Hawthorn, Cory Kent, Robert Sibthorpe and Ken Sumanik. Mr. Arca and Mr. Kent are newly appointed directors. In addition, the following individuals were appointed officers of the company for the ensuing year at a board meeting immediately following the annual general meeting: Robert Eadie, president; Gary Arca, chief financial officer and Robert Sibthorpe, vice-president, exploration. The company also announces that it has granted options to directors, officers, key employees and consultants of the company to purchase 664,822 shares, exercisable for a period of five years, expiring on Jan. 26, 2011, at a price of 40 cents per share. The options are granted in accordance with the company's fixed number stock option plan and are subject to vesting provisions.
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