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Outcrop Continues To Delineate and Expand La Ivana with Intercepts Including 0.41 Metres of 1,785 Grams Silver Equivalent Per Tonne

Outcrop Continues To Delineate and Expand La Ivana with Intercepts Including 0.41 Metres of 1,785 Grams Silver Equivalent Per Tonne
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Outcrop Gold Announces Upsized Bought-Deal Public Offering to $8 Million

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VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) Outcrop Gold Corp. (
Outcrop or the
Company ) (TSXV:OCG) (OTCPK: MRDD.F) (DE:MRG1) is pleased to announce that it has entered into a revised agreement with Mackie Research Capital Corporation as the lead underwriter and sole bookrunner (the
Lead
Underwriter ), including Canaccord Genuity Corp. (collectively, the
Underwriters ), to increase the size of the previously announced bought-deal short-form prospectus offering of units of the Company (the
Units ) to an aggregate of 18,610,000 Units at a price of $0.43 per Unit for aggregate gross proceeds of $8,002,300 (the
Offering ).
Each Unit shall be comprised of one common share of the Company (each a ....

United States , United Kingdom , British Columbia , Josephp Hebert , National Instrument , Company The Units , Canaccord Genuity Corp , Outcrop Gold Corp , Mackie Research Capital Corporation , Canaccord Genuity , Common Share , Each Warrant , Lead Underwriter , Short Form Prospectus Distributions , United States Securities Act , While Outcrop , Santa Ana , Chief Executive , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , தேசிய கருவி , நிறுவனம் தி அலகுகள் , கானக்கோர்ட் உண்மையானது கார்ப் , ஔட்‌க்ராப் தங்கம் கார்ப் , மேக்கி ஆராய்ச்சி மூலதனம் நிறுவனம் ,

Outcrop Generates Additional Targets at Santa Ana Through Geophysics

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Outcrop Gold Corp. (TSXV:OCG,
OTCPK:MRDD.F, DE:MRG1)) (
Outcrop ) is pleased to announce results from a ground geophysical program on its 100% owned Santa Ana project in north Tolima. Outcrop is also commencing a large airborne geophysical survey along a 36 km northeast mineralized trend between the Santa Ana and El Porvenir mines with a flight line width of 10 kilometres.
Highlights
Both vein zones and their larger related alteration zones are inferred from the ground survey.
An airborne magnetics-radiometrics-lidar survey will be used to generate targets within a 36 kilometre by 10 kilometre area. If the results are encouraging, an equal size area will be added mid-year. ....

El Porvenir , Departamento De Norte Santander , El Paraiso , United States , United Kingdom , British Columbia , San Antonio , El Dorado , Josephp Hebert , Roberto Tovar , Megapozo El Paraiso , Joe Hebert , Tolima Department , Outcrop Gold Corp , Outcrop Gold , Santa Ana , Joe Hebert President , Spanish Colonial , Mariquita District , Latin America , Royal Mines , San Juan , While Outcrop , Chief Executive Officer , எல் போருவெனிற் , புறப்பாடு டி நார்ட் சாந்தண்டர் ,