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The latest update is out from Outcrop Gold Corp ( (TSE:OCG) ).
Outcrop Silver & Gold Corporation has announced an amendment to its stock option plan, converting it from a 10% rolling stock option plan to a fixed number plan. The revised plan reserves 34,159,595 common shares for issuance from the treasury and will be subject to shareholder ratification and regulatory approval at the upcoming annual general meeting. This change is aimed at aligning the company’s stock option practices with regulatory requirements and ensuring shareholder approval, potentially impacting company operations and shareholder value.
More about Outcrop Gold Corp
Outcrop Silver & Gold Corporation is a leading explorer and developer focused on the Santa Ana high-grade silver project in Colombia. The company is committed to responsible mining practices and community engagement, aiming to expand its mineral resources through strategic exploration initiatives. With a seasoned team and a deep understanding of the Colombian mining landscape, Outcrop Silver seeks to transform the Santa Ana project into a significant silver producer.
YTD Price Performance: 20.0%
Average Trading Volume: 325,845
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$81.98M
For an in-depth examination of OCG stock, go to TipRanks’ Stock Analysis page.
