Stenhousemuir's leading scorer John Dempster has agreed a contract extension with the Third Division side. Paul Tyrell, Scott McCulloch, Andy Thomson, Brian McLaughlin, Robert Forde, Craig Menzies, Stevie Desmond and Rhys Galloway will also stay on.
However, Gordon Connelly, Mark Cowan, Darren Henderson, Robbie Henderson, Gareth Hutchison and Paul Murphy have been released from Ochilview.
Willie McCulloch, Kevin McLeish and Tommy Sinclair are also leaving.
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