Outcrop Announces Appointment of Main Monetary Officer

VANCOUVER, BC, Aug. 16, 2021 /CNW/ – Outcrop Silver & Gold Company (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) (“Outcrop“) is delighted to announce the appointment of Lisa Peterson to the placement of Main Economical Officer succeeding latest CFO Alex Tong. Outcrop’s board of directors would like to thank Mr. Tong for his contributions in the purpose.

Outcorp Silver & Gold Logo (CNW Group/Outcrop Silver & Gold Corporation)

Ms. Peterson provides in excess of 13 years’ experience in just the mining, renewable vitality, infrastructure, and skilled solutions industries. Most not too long ago, she served as Vice-President of Corporate Reporting & World-wide Accounting at SkyPower Worldwide, a big-scale, worldwide, renewable vitality developer, and service provider. Prior to joining SkyPower Global, Ms. Peterson put in 3 yrs at Barrick Gold Company as Chief of Employees Capital Tasks and Chief of Staff members of the Frontera District in Argentina within just their technological services, job enhancement, and daily life of mine planning group. In these roles, she served progress huge-scale tasks, liaised with stakeholders and joint undertaking associates, and executed benefit assurance testimonials on the companies’ operating and growth belongings. Prior to signing up for Barrick, Ms. Peterson spent 5 a long time doing work at KGHM main their worldwide Corporate Reporting group.

Ms. Peterson begun her career in finance and accounting at KPMG. She is a Chartered Accountant and retains a Bachelor of Business enterprise Administration diploma from Simon Fraser College.

“I am delighted to announce an additional fantastic addition to the Outcrop leadership crew with the appointment of Ms. Peterson,” comments Joseph Hebert, Chief Govt Officer. “Lisa’s abilities and assorted practical experience will be an monumental asset to Outcrop. Coupled with the appointment of Dr. Jesus Velador as Vice President Exploration past week, we are setting up a planet course administration group to steadily advance our Santa Ana venture and support the continued development of our corporation.”&#13

In relationship with the appointment Outcrop has granted Ms. Peterson 500,000 incentive inventory choices exercisable at a price of $.24 expiring on August 5, 2026.

About Outcrop

Outcrop is completely financed and promptly advancing exploration on five silver and gold exploration tasks with planet-class discovery possible in Colombia.  Outcrop is at this time drilling the Santa Ana historic significant-grade silver district.  These property are becoming innovative by a really disciplined and seasoned experienced group with decades of expertise in Colombia. 

ON BEHALF OF THE BOARD OF Administrators

Joseph P Hebert, Chief Government Officer                                           &#13

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Mars Investor Relations

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www.outcropsilverandgold.com

Neither the TSX Enterprise Trade nor its Regulation Services Company (as these kinds of phrase is outlined in the policies of the TSX Venture Trade) accepts obligation for the adequacy or precision of this launch. Particular information contained herein constitutes “forward-looking information and facts” under Canadian securities legislation. Typically, ahead-looking data can be identified by the use of ahead-seeking terminology this kind of as “likely”, “we believe that”, or variants of these types of text and phrases or statements that selected actions, events or benefits “will” arise. Ahead-wanting statements are primarily based on the thoughts and estimates of management as of the date this sort of statements are produced and they are issue to recognized and not known pitfalls, uncertainties and other factors that may well result in the real benefits, stage of activity, overall performance or achievements of Outcrop to be materially unique from those people expressed or implied by this kind of ahead-wanting statements or forward-searching information and facts, which include: the receipt of all vital regulatory approvals, money expenditures and other costs, funding and additional capital demands, completion of due diligence, common economic, industry and enterprise circumstances, new legislation, uncertainties resulting from potential delays or variations in plans, political uncertainties, and the point out of the securities markets usually.  Despite the fact that management of Outcrop have attempted to detect crucial variables that could lead to true benefits to differ materially from people contained in ahead-wanting statements or ahead-on the lookout details, there might be other variables that bring about final results not to be as anticipated, believed or intended.  There can be no assurance that this kind of statements will show to be correct, as true success and upcoming activities could differ materially from those predicted in this kind of statements. Accordingly, viewers ought to not put undue reliance on ahead-seeking statements and forward-hunting information and facts. Outcrop will not update any forward-seeking statements or ahead-hunting information that are included by reference herein, besides as expected by applicable securities legislation.

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