Outcrop Recognized as a TSX Venture 50 Company
Outcrop Recognized as a TSX Venture 50
Company
VANCOUVER, BC
,
Feb. 24, 2021
/CNW/ -
Outcrop Gold Corp.
(TSXV: OCG) (OTCPK: MRDD.F)
(DE: MRG1) ("
Outcrop
") is pleased to announce that it has been named to the 2021 TSX Venture
50, a ranking of top performing companies traded on the TSX Venture Exchange. Outcrop was
ranked fourth in the Mining Sector with a market cap increase of 1,381% and a share price increase
of 392% in 2020.
The TSX Venture 50 is an annual program showcasing the top performing listed companies from five
industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and
Technology. Winners were selected based on three equally weighted criteria: market capitalization
growth, share price appreciation and trading volume for the year ended
December 31, 2020
. A brief
video on Outcrop highlighting this achievement can be found at
www.tsx.com/venture50
and by
clicking the link below:
TMX Interview with Outcrop President and CEO
Joe Hebert
"We are honoured to be recognized by the TSX Venture as a top 10 Company in our sector",
commented
Joe Hebert
, President and CEO of Outcrop. "We have worked hard to deliver value
through drilling multiple discoveries during 2020 at Santa Ana in
Colombia
. In 2021, we look forward
to establishing Santa Ana as a world-class silver district, advancing other projects in our portfolio
and continuing to leverage the excellent platform provided to us by the TSX."
About Outcrop Gold
Outcrop is a hybrid prospect generator active in
Colombia
acquiring gold and silver exploration
projects with world-class discovery potential. Outcrop performs its own grass roots exploration and
then employs a joint venture business model on its projects to maximize investor exposure to
discovery and minimize financial risk. Outcrop has seven primary projects in
Colombia
. While
Outcrop's other projects are available for joint venture, Outcrop will continue to drill and de-risk the
Santa Ana high-grade silver project.
ON BEHALF OF THE BOARD OF DIRECTORS
Joseph P Hebert, Chief Executive Officer
Mars Investor Relations
+1 775 340 0450
+1 647 557 6640
www.outcropgoldcorp.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 Gold Corp.
View original content to download multimedia:
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%SEDAR: 00005232E
For further information:
Joseph P Hebert, Chief Executive Officer, +1 775 340 0450,
[email protected], www.outcropgoldcorp.com; Mars Investor Relations, +1 647 557
6640, [email protected]
CO: Outcrop Gold Corp.
CNW 09:30e 24-FEB-21