2176423 Ontario Ltd., a 10% Holder, acquired 7,400,000 Common Shares on a direct ownership basis at a price of $0.270 through a prospectus or prospectus exempt offering on March 9th, 2022. The insider also acquired 7,400,000 Warrants on a direct ownership basis at an exercise price of $0.370 through a prospectus or prospectus exempt offering on March 9th, 2022. This represents a $1,998,000 investment into the company's shares and an account share holdings change of 37.7%.
Outcrop Silver & Gold is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.
Outcrop Silver & Gold Corporation is engaged in the identification, acquisition, exploration, and development of mineral properties in Colombia. Its projects include Santa Ana, Mallama, Antares, Oribella and Argelia projects. The Santa Ana project comprises over 36,000 hectares located in northern Tolima department, Colombia, approximately 190 kilometers from Bogota. The Mallama project is in the municipalities of Mallama and Guachaves in the Narino department. The Antares project is located in the state of Antioquia Colombia, approximately 20 km northeast of Medellin, in the municipality of San Vincente and approximately 30 km north of the fully permitted Gramalote project. The Oribella Gold project comprises 20,000 hectares, located in the southwest Antioquia Department between the Betulia and Concordia municipalities. The Argelia project are mining applications that provide a target for multiple intermediate sulfidation epithermal veins within a structural corridor.
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