Outcrop Silver Secures $7.5 Million in Public Offering with Major Investment from Eric Sprott

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

Outcrop Silver & Gold Corporation successfully closed a $7.5 million public offering, with significant investment from Eric Sprott, enhancing its financial capacity for the Santa Ana Project and general corporate purposes. This strategic move not only strengthens Outcrop Silver’s capital structure but also underscores investor confidence, particularly from Sprott, in the company’s growth potential and project viability.

More about Outcrop Gold Corp

Outcrop Silver & Gold Corporation operates in the mining industry, focusing on the exploration and development of precious metals, particularly silver and gold. The company is engaged in projects like the Santa Ana Project, aiming to expand its resource base and enhance its market position.

YTD Price Performance: 11.50%

Average Trading Volume: 501,864

Technical Sentiment Signal: Buy

Current Market Cap: C$76.18M

See more data about OCG stock on TipRanks’ Stock Analysis page.