Business
Outcrop Silver Engages New CEO & Director
VANCOUVER, BC, April 20, 2026 /CNW/ - Outcrop Silver & Gold Corporation (TSX: OCG) (OTCQX: OCGSF) (DE: MRG) ("Outcrop Silver" or the "Company") is pleased to
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":" VANCOUVER, BC, April 20, 2026 /CNW/ - Outcrop Silver & Gold Corporation (TSX: OCG) (OTCQX: OCGSF) (DE: MRG) (\"Outcrop Silver\" or the \"Company\") is pleased to announce a change in management and an additional member to the Board of Directors of Outcrop Silver. Rob Bruggeman will become the Chief Executive Officer of Outcrop Silver, and will join the Board of Directors, effective immediately, bringing the total number of directors to six. Mr. Bruggeman brings more than 20 years of experience across capital markets, corporate development, and executive leadership in the mining sector. As former Chairman and Interim CEO of AbraSilver Resource Corp., he led a transformation that saw the company grow from approximately $10 million to over $1 billion in market capitalization, alongside a merger, balance sheet restructuring, and advancement of its core silver-gold assets. Mr. Bruggeman is a CFA charterholder and former Professional Engineer (Ontario), with a background that combines technical and financial expertise focused on capital allocation, corporate strategy, and building companies through key stages of growth. Rob Bruggeman, incoming CEO, commented: \"Silver is hitting unprecedented highs, yet attractive primary silver projects are rarer than ever. Between a supply-demand deficit and the world-class grades at Santa Ana, we have the perfect storm – and a rare opportunity – to build an exceptional company at Outcrop Silver.\" Ian Harris, outgoing CEO and incoming Chairman, commented: \"Rob's track record makes him the right leader for this next phase. Outcrop is well financed with a strong balance sheet and a solid foundation. I look forward to working closely together as we continue to advance Santa Ana and build on our approach to responsible development and community partnership in Colombia.\" The Company intends to grant Rob Bruggeman 1,000,000 options at $0.36 with a five year term expiring April 17, 2031, vesting at 1/4th quarterly, as well as 1,000,000 inducement shares vesting 1/4th of the total shares quarterly, subject to the approval of the TSX if required. The Company has also granted 5,350,000 options to directors, officers, employees and consultants at $0.36 with a five year term expiring April 17, 2031, vesting at 1/4th quarterly. The Company has granted 2,350,000 restricted stock units ...