Outcrop Grants Stock Options

OUTCROP GRANTS STOCK OPTIONS

VANCOUVER, BC

,

April 11, 2022

/CNW/

- Outcrop Silver & Gold Corporation

(TSXV: OCG)

(OTCQX: OCGSF) (DE: MRG1)

("Outcrop")

has granted 3,900,000 incentive stock options to

directors, officers and employees. The stock options are exercisable at a price of

$0.22

and will

expire on

April 8, 2027

. The incentive stock options were granted pursuant to Outcrop's shareholder-

approved stock option plan and are subject to the policies of the TSX Venture Exchange.

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

Joseph P Hebert

Chief Executive Officer

+1 775 340 0450

[email protected]

www.outcropsilverandgold.com

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

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/April2022/11/c6429.html

%SEDAR: 00005232E

For further information:

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

[email protected], www.outcropsilverandgold.com

CO: Outcrop Silver & Gold Corporation

CNW 08:00e 11-APR-22