Grupo Semper Announces Intention to Acquire Starcore International Mines Ltd.

Monterrey, Mexico--(Newsfile Corp. - May 12, 2022) - Semper Recursos Naturales S.A. de C.V. ("Semper") announces its intention to pursue a privatization transaction in respect of Starcore International Mines Ltd. ("Starcore"), pursuant to which it will offer to acquire all of the outstanding common shares of Starcore (the "Starcore Shares") at a price per Starcore Share of $0.35 in cash (the "Offer"). The Offer represents a premium of 52% to Starcore shareholders (the "Shareholders") based...

2022-05-12 5:22 PM EDT