Sprott buying at Outcrop Gold (OCG)

Sprott buying at Outcrop Gold (V:OCG)

Updated Tuesday Jun 23, 2020 03:36 AM EDT
Eric Sprott, a 10% Holder, acquired 9,642,800 Common Shares on a direct ownership basis at a price of $0.280 through a prospectus or prospectus exempt offering on June 17th, 2020. The insider also acquired 4,821,400 Warrants with an exercise price of $0.420 for 24 months. This represents a $2,699,984 investment into the company's shares and an account share holdings change of 96.4%.

Outcrop Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Outcrop Gold Corp, formerly known as Miranda Gold Corp, is a Canada-based gold exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties. It focuses on identifying and securing mineral resource properties, for which it seeks suitable joint venture partners. Its exploration projects are in Colombia, with one project in Alaska. Its projects in Colombia include Cerro Oro, Oribella and Antares. The Willow Creek project is located in Alaska. The Cerro Oro project covers approximately 2,750 hectares, of which over 710 hectares are controlled by a contract. The Oribella project comprises approximately 10,700 hectares, including an exploration license and an application. The Antares project covers an intrusive related gold system with both veinlet and sheeted fracture controlled gold mineralization.


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