01:12:31 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Outcrop Silver & Gold Corp
Symbol OCG
Shares Issued 254,314,136
Close 2024-03-19 C$ 0.175
Market Cap C$ 44,504,974
Recent Sedar Documents

Outcrop Silver prospectus offering

2024-03-19 18:42 ET - Prospectus Approved

The company's short form base shelf prospectus dated Aug. 18, 2023, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the Securities Act (British Columbia), and the Ontario Securities Commission, pursuant to the provisions of the Securities Act (Ontario). The prospectus was also filed under Multilateral Instrument 11-102, Passport System, in Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Nunavut, and Northwest Territories. A receipt for the prospectus is deemed to be issued by the regulators in each of those jurisdictions, if the conditions of the instrument have been satisfied.

Further to an at-the-market (ATM) distribution of shares made pursuant to a prospectus supplement dated Sept. 6, 2023, to the company's short form base shelf prospectus dated Aug. 18, 2023, the exchange has accepted for filing documentation with respect to the sales set out below under the ATM distribution. The company raised aggregate gross proceeds of $1,247,639.05 pursuant to the ATM distribution from Oct. 1, 2023, to Dec. 31, 2023, as set out below.

The TSX Venture Exchange has been advised that sales under the at-the-market offering during the quarter ended December 31, 2023 occurred for gross proceeds of $1,247,639.05.

Agents:  Research Capital Corp.

Offering:  5,970,500 shares

Share price:  varying prices during the quarter ended Dec. 31, 2023, with an average sale price of 20.897 cents per share

Agent's warrants:  none

Overallotment option:  none

Agent's commission:  2.5 per cent of the gross proceeds, being $31,190 for the quarter ended Dec. 31, 2023

For further information, please refer to the company's short form base shelf prospectus dated Aug. 18, 2023, the prospectus supplement dated Sept. 6, 2023, and the news release dated March 18, 2024, which are available under the company's SEDAR+ profile.

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