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Outcrop Silver Modifies Stock Option Plan to Fixed Limit

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Outcrop Silver Modifies Stock Option Plan to Fixed Limit

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Outcrop Gold Corp ( (TSE:OCG) ) has issued an announcement.

Outcrop Silver & Gold Corporation has announced an amendment to its stock option plan, changing from a 10% rolling stock option plan to a fixed number plan. The amendment, which requires approval at the annual general meeting, sets a new limit for stock options at 34,159,595 shares, aligning with TSX Venture Exchange rules. This move reflects the company’s strategic efforts to manage shareholder value and operational positioning.

More about Outcrop Gold Corp

Outcrop Silver & Gold Corporation is a leading explorer and developer focused on advancing its flagship Santa Ana high-grade silver project in Colombia. The company is committed to responsible mining practices and community engagement. With a seasoned team, Outcrop Silver aims to expand its mineral resources through strategic exploration, enhancing shareholder value and contributing positively to the local economy.

YTD Price Performance: 20.0%

Average Trading Volume: 325,845

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$81.98M

For a thorough assessment of OCG stock, go to TipRanks’ Stock Analysis page.

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