Core Viewpoint - Outcrop Silver & Gold Corporation has announced a public offering of units to raise up to $5,000,000 at a price of $0.22 per unit, with participation from notable investor Eric Sprott [1][2]. Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.30 for 24 months [2]. - The Agent has an option to increase the offering size by up to 15% to cover over-allotments and for market stabilization purposes [3]. - The net proceeds from the offering will be allocated for exploration and development of the Santa Ana Project, working capital, and general corporate purposes [4]. Timeline and Regulatory Approvals - The closing of the offering is expected around March 26, 2025, subject to necessary regulatory approvals, including from the TSX Venture Exchange [5]. - A prospectus supplement will be filed in connection with the offering, providing detailed information about the company and the offering [6]. Company Overview - Outcrop Silver is focused on advancing its flagship Santa Ana high-grade silver project in Colombia, with a commitment to responsible mining practices and community engagement [8][10]. - The company aims to transform the Santa Ana project into a significant silver producer, contributing positively to the local economy [10].