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Outcrop Silver Grants Options

Share Capital & Compensation

OUTCROP SILVER GRANTS OPTIONS

VANCOUVER, BC

,

March 26, 2024

/CNW/ -

Outcrop Silver & Gold Corporation

(TSXV: OCG)

(OTCQX: OCGSF) (DE: MRG)

("Outcrop Silver")

has granted 4,525,000 incentive stock options to

employees and Directors at an exercise price of

$0.16

expiring on

March 26, 2029

.

About Outcrop Silver

Outcrop Silver is advancing the Santa Ana high-grade silver deposit with exploration activities aiming

to expand the current mineral resource. Santa Ana is being advanced by a highly disciplined and

seasoned professional team with decades of experience in

Colombia

.

ON BEHALF OF THE BOARD OF DIRECTORS

Ian Harris

Chief Executive Officer

+1 604 294 9039

[email protected]

www.outcropsilverandgold.com

Kathy Li

Vice President of Investor Relations

+1 778 783 2818

[email protected]

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

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/March2024/26/c9306.html

%SEDAR: 00005232E

For further information:

Ian Harris, Chief Executive Officer, +1 604 294 9039,

[email protected], www.outcropsilverandgold.com; Kathy Li, Vice President Investor

Relations, +1 778 783 2818, [email protected]

CO: Outcrop Silver & Gold Corporation

CNW 19:00e 26-MAR-24