BULLETIN V2024-0826
OUTCROP SILVER & GOLD CORPORATION ("OCG")
BULLETIN TYPE: Prospectus-Share Offering
BULLETIN DATE: March 19, 2024
TSX Venture Tier 2 Company
The Company's Short Form Base Shelf Prospectus dated August 18, 2023 was filed with and accepted by TSX Venture Exchange, (the "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 and 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 distribution of shares ("ATM Distribution") made pursuant to a Prospectus Supplement dated September 6, 2023, to the Company's Short Form Base Shelf Prospectus dated August 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 October 1, 2023, to December 31, 2023, as set out below.
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 Corporation
Offering: 5,970,500 shares
Share Price: Varying prices during the quarter ended December 31, 2023 with an average sale price of $0.20897 per share
Agents' Warrants: None
Over-allotment Option: None
Agent's Commission: 2.5% of the gross proceeds being $31,190 for the quarter ended December 31, 2023.
For further information, please refer to the Company's Short Form Base Shelf Prospectus dated August 18, 2023, the Prospectus Supplement dated September 6, 2023, and the news release dated March 18, 2024 which are available under the Company's SEDAR profile.
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