Outcrop Silver Appoints Robert Scott as Chief Financial Officer
OUTCROP SILVER APPOINTS ROBERT
SCOTT AS CHIEF FINANCIAL OFFICER
VANCOUVER, BC
,
Nov. 1, 2024
/CNW/ -
Outcrop Silver & Gold Corporation
(TSXV: OCG)
(OTCQX: OCGSF) (DE: MRG)
("Outcrop Silver")
is pleased to announce the appointment of
Robert Scott
to the position of Chief Financial Officer effective
November 1, 2024
. Mr. Scott brings
over 25 years of professional expertise in accounting, corporate finance, compliance, and banking. A
CPA, CA, and CFA Charter holder, Mr. Scott has spent the last 18 years as a senior officer and
director of mineral exploration and development companies.
Throughout his career, Mr. Scott has helped raise more than
$200 million
in equity financing and
developed extensive experience in IPOs, reverse takeovers, mergers and acquisitions, and
corporate restructuring. His proven track record of cost-effective management makes him a valuable
addition to Outcrop Silver's leadership team. Some of Mr. Scott's past and current executive and
board positions with TSX-V issuers, include Great Bear Resources Ltd, ValOre Metals Corp.,
Riverside Resources Inc., Capitan Silver Corp., and First Helium Inc.
"Rob's diverse background in corporate finance and capital markets aligns perfectly with Outcrop
Silver's strategic goals as we advance the Santa Ana project," comments
Ian Harris
, Chief Executive
Officer. "His leadership will strengthen our financial foundation and help position Outcrop Silver for
future growth and value creation. On behalf of the Board, I would also like to thank Mr. Sharma for
his dedication and contributions as CFO and wish him all the best in his future endeavors."
Outcrop Silver has granted 500,000 incentive stock options to Mr. Scott at an exercise price of
$0.27
expiring on
October 31, 2029
.
About Outcrop Silver
Outcrop Silver is a leading explorer and developer focused on advancing its flagship Santa Ana high-
grade silver project in
Colombia
. Leveraging a disciplined and seasoned team of professionals with
decades of experience in the region. Outcrop Silver is dedicated to expanding current mineral
resources through strategic exploration initiatives.
At the core of our operations is a commitment to responsible mining practices and community
engagement, underscoring our approach to sustainable development. Our expertise in navigating
complex geological and market conditions enables us to consistently identify and capitalize on
opportunities to enhance shareholder value. With a deep understanding of the Colombian mining
landscape and a track record of successful exploration, Outcrop Silver is poised to transform the
Santa Ana project into a significant silver producer, contributing positively to the local economy and
setting new standards in the mining industry.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian Harris
Chief Executive Officer
www.outcropsilver.com
Kathy Li
Vice President of Investor Relations
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.
SOURCE
Outcrop Silver & Gold Corporation
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For further information:
Ian Harris, Chief Executive Officer, +1 604 638 2545,
[email protected]; Kathy Li, Vice President of Investor Relations, +1 778 783 2818,
CO: Outcrop Silver & Gold Corporation
CNW 07:30e 01-NOV-24