VANCOUVER, BC, Nov. 1, 2024
/CNW/ - Outcrop Silver & Gold Corporation (TSXV:
OCG) (OTCQX: OCGSF) (DE: MRG) ("Outcrop Silver") is
pleased to announce the appointment of Robert Scott to the position of Chief Financial
Officer effective November 1, 2024.
Mr. Scott brings over 25 years of professional expertise in
accounting, corporate finance, compliance, and banking. A CPA, CA,
and CFA Charter holder, Mr. Scott has spent the last 18 years as a
senior officer and director of mineral exploration and development
companies.
Throughout his career, Mr. Scott has helped raise more than
$200 million in equity financing and
developed extensive experience in IPOs, reverse takeovers, mergers
and acquisitions, and corporate restructuring. His proven track
record of cost-effective management makes him a valuable addition
to Outcrop Silver's leadership team. Some of Mr. Scott's past and
current executive and board positions with TSX-V issuers, include
Great Bear Resources Ltd, ValOre Metals Corp., Riverside Resources
Inc., Capitan Silver Corp., and First Helium Inc.
"Rob's diverse background in corporate finance and capital
markets aligns perfectly with Outcrop Silver's strategic goals as
we advance the Santa Ana project," comments Ian Harris, Chief Executive Officer. "His
leadership will strengthen our financial foundation and help
position Outcrop Silver for future growth and value creation. On
behalf of the Board, I would also like to thank Mr. Sharma for his
dedication and contributions as CFO and wish him all the best in
his future endeavors."
Outcrop Silver has granted 500,000 incentive stock options to
Mr. Scott at an exercise price of $0.27 expiring on October
31, 2029.
About Outcrop Silver
Outcrop Silver is a leading explorer and developer focused on
advancing its flagship Santa Ana high-grade silver project in
Colombia. Leveraging a disciplined
and seasoned team of professionals with decades of experience in
the region. Outcrop Silver is dedicated to expanding current
mineral resources through strategic exploration initiatives.
At the core of our operations is a commitment to responsible
mining practices and community engagement, underscoring our
approach to sustainable development. Our expertise in navigating
complex geological and market conditions enables us to consistently
identify and capitalize on opportunities to enhance shareholder
value. With a deep understanding of the Colombian mining landscape
and a track record of successful exploration, Outcrop Silver is
poised to transform the Santa Ana project into a significant silver
producer, contributing positively to the local economy and setting
new standards in the mining industry.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian
Harris
Chief Executive Officer
www.outcropsilver.com
Kathy
Li
Vice President of Investor
Relations
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain information contained herein constitutes
"forward-looking information" under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"potential," "we believe," or variations of such words and phrases
or statements that certain actions, events or results "will" occur.
Forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made and they are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of Outcrop to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information, including: the receipt of all
necessary regulatory approvals, capital expenditures and other
costs, financing and additional capital requirements, completion of
due diligence, general economic, market and business conditions,
new legislation, uncertainties resulting from potential delays or
changes in plans, political uncertainties, and the state of the
securities markets generally. Although management of Outcrop have
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements or forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. Outcrop
will not update any forward-looking statements or forward-looking
information that are incorporated by reference.
SOURCE Outcrop Silver & Gold Corporation