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/Not for distribution to U.S. News Service or dissemination United States/
Vancouver, British Columbia, July 5, 2021 / CNW /- Outcrop Silver and Gold Company (“Outcropping“) (Toronto Stock Exchange:OCG) (OTCPK: MRDD.F) (DE: MRG1) is pleased to announce that it has established an on-market stock plan (“ATM plan”). The ATM program allows Outcrop to issue and sell at its discretion, up to 5,000,000 USD Ordinary shares in Outcrop Capital (“Common stock“) from time to time through Research Capital Corporation (“agent“) As the sole agent, at the current market price at the time of issuance, directly listed or quoted on the TSX Venture Exchange or common stock or any other recognized market where common stock is traded in Canada. The outlier intends to use the net income of the ATM plan, Used to promote the Santa Ana project and for general corporate purposes.
The distribution of ordinary shares under the ATM plan will be based on the equity distribution agreement (“fair Distribution agreement“) Date July 5, 2021 Agreement between Outcrop and the agent.
The ATM program will be issued and sold…
The full story on Benzinga.com
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