TORONTO, ONTARIO--(Marketwired - Dec. 1, 2016) - Starrex International Ltd. ("Starrex" or
the "Company") (CSE:STX) announced on Tuesday, November 29, 2016 that, after filing on SEDAR (www.sedar.com) under the Company's profile restated interim financial statements and a revised
management's discussion and analysis ("MD&A") for each of the 2015 second and third quarters ended June 30
and September 30, 2015 and the 2016 second quarter ended June 30, 2016, together with restated audited annual financial
statements and a revised MD&A for the year ended December 31, 2015, clerical errors were discovered in the
MD&As. The Company further announced that it anticipated filing the corrected MD&As within the next few days.
The Company is pleased to announce that, on November 30, 2016, it filed corrected MD&As for each of the 2015 second and
third quarters ended June 30 and September 30, 2015 and the 2016 second quarter ended June 30, 2016, all of which can be found on
SEDAR (www.sedar.com) under the Company's profile.
The Company anticipates filing a revised MD&A for the year ended December 31, 2015 within the next few days. Once
filing of a revised MD&A for the year ended December 31, 2015 is completed, the Company will have completed all of its
anticipated restatements and re-filings.
This news release contains forward-looking information. All information (other than statements of historical
fact) that address activities, events or developments that Starrex believes, expects or anticipates will or may occur in the
future are forward-looking statements. Forward-looking information is subject to a variety of risks and uncertainties beyond
Starrex's ability to control or predict that may cause actual events or results to differ materially from those described in such
forward-looking information. Any forward-looking information speaks only as of the date on which it is made and, except as
may be required by applicable securities laws, Starrex disclaims any intent or obligation to update any forward-looking
information, whether as a result of new information, future events or results or otherwise. Although Starrex believes that the
assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future
performance and, accordingly, undue reliance should not be placed on forward-looking information due to the inherent uncertainty
thereof.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the
United States. The Company's securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States
or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the
adequacy or accuracy of this press release.