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OUTCROP SILVER ESTABLISHES "AT-THE-MARKET" EQUITY PROGRAM
OUTCROP SILVER ESTABLISHES "AT-THE-MARKET" EQUITY PROGRAM Canada NewsWire /NO...
About this update from Outcrop Silver & Gold Corporation
[{"type":"text","content":"\n \n \n \n OUTCROP SILVER ESTABLISHES \"AT-THE-MARKET\" EQUITY PROGRAM\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 6, 2023\n \n \n /CNW/ - Outcrop Silver & Gold Corporation (\"\n \n Outcrop Silver\n \n \") (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) is pleased to announce that it has established an \"at-the-market\" equity distribution program (the \"\n \n ATM Program\n \n \"). The ATM Program allows Outcrop Silver to issue and sell, at its discretion, up to\n \n $5,000,000\n \n of common shares in the capital of Outcrop Silver (\"\n \n Common Shares\n \n \") to the public from time to time through Research Capital Corporation (the \"\n \n Agent\n \n \"), as sole agent, at the prevailing market price when issued, directly on the TSX Venture Exchange or any other recognized marketplace upon which the Common Shares are listed or quoted or where the Common Shares are traded in Canada. Outcrop Silver intends to use the net proceeds from the ATM Program for the advancement of the Santa Ana Project and for general corporate purposes.\n \n \n \n \n \n \n \n \n \n Distribution of Common Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement (the \"\n \n Equity\n \n \n Distribution Agreement\n \n \") dated\n \n September 6, 2023\n \n entered into between Outcrop Silver and the Agent.\n \n \n The ATM Program will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and the date on which the receipt issued for Outcrop Silver's base shelf prospectus dated\n \n August 18, 2023\n \n (the \"\n \n Base Shelf Prospectus\n \n \") ceases to be effective in accordance with Canadian Securities laws, unless terminated prior to such date by Outcrop Silver or the Agent. As Common Shares sold in the ATM Program will be issued and sold at th...