Outcrop Announces Appointment of Corporate Secretary

Outcrop Announces Appointment of Corporate

Secretary

VANCOUVER, BC

,

Nov. 16, 2021

/CNW/ -

Outcrop Silver & Gold Corporation

(TSXV: OCG)

(OTCQX: OCGSF) (DE: MRG1) ("

Outcrop

") is pleased to announce the appointment of

Melissa

Martensen

to the position of Corporate Secretary.

Melissa Martensen

is an experienced administrator with over twelve years as a corporate secretary,

primarily in junior mining companies. Prior to that she worked in private banking at RBC. She

graduated with a degree in finance from UNBC in

Prince George

and is a member of the

Governance Professionals of Canada.

"I am pleased to announce another great addition to the Outcrop leadership team with the

appointment of Ms. Martensen," comments

Joseph Hebert

, Chief Executive Officer. "Melissa's

expertise and diverse experience will be an enormous asset to Outcrop. Coupled with the recent

appointments of Dr.

Jesus Velador

as Vice President Exploration and Ms.

Lisa Peterson

as CFO,

we are building a world class management team to steadily advance our Santa Ana project and

support the continued growth of our company."

In connection with the appointment Outcrop has granted Ms. Martensen and other new employees

300,000 incentive stock options exercisable at a price of

$0.24

expiring on

August 5, 2026

.

About Outcrop

Outcrop is rapidly advancing exploration on five silver and gold exploration projects with world-class

discovery potential in Colombia. Outcrop is currently drilling and expanding the Santa Ana historic

high-grade silver district. These assets are being advanced by a highly disciplined and seasoned

professional team with decades of experience in Colombia.

ON BEHALF OF THE BOARD OF DIRECTORS

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release. Certain information contained herein constitutes "forward-looking information" under

Canadian securities legislation. Generally, forward-looking information can be identified by the use

of forward-looking terminology such as "potential", "we believe", or variations of such words and

phrases or statements that certain actions, events or results "will" occur. Forward-looking

statements are based on the opinions and estimates of management as of the date such

statements are made and they are subject to known and unknown risks, uncertainties and other

factors that may cause the actual results, level of activity, performance or achievements of Outcrop

to be materially different from those expressed or implied by such forward-looking statements or

forward-looking information, including: the receipt of all necessary regulatory approvals, capital

expenditures and other costs, financing and additional capital requirements, completion of due

diligence, general economic, market and business conditions, new legislation, uncertainties

resulting from potential delays or changes in plans, political uncertainties, and the state of the

securities markets generally. Although management of Outcrop have attempted to identify

important factors that could cause actual results to differ materially from those contained in

forward-looking statements or forward-looking information, there may be other factors that cause

results not to be as anticipated, estimated or intended. There can be no assurance that such

statements will prove to be accurate, as actual results and future events could differ materially

from those anticipated in such statements. Accordingly, readers should not place undue reliance

on forward-looking statements and forward-looking information. Outcrop will not update any

forward-looking statements or forward-looking information that are incorporated by reference

herein, except as required by applicable securities laws.

SOURCE

Outcrop Silver & Gold Corporation

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http://www.newswire.ca/en/releases/archive/November2021/16/c5625.html

%SEDAR: 00005232E

For further information:

Joseph P Hebert, Chief Executive Officer, +1 775 340 0450,

[email protected], www.outcropsilverandgold.com; Mars Investor Relations,

+1 647 557 6640, [email protected]

CO: Outcrop Silver & Gold Corporation

CNW 08:00e 16-NOV-21