Outcrop Silver & Gold — AGM Information 2021

May 29, 2021

OUTCROP GOLD CORP. Suite 905-1111 West Hastings St. Vancouver, BC V6E 2J3

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

TAKE NOTICE that the annual general meeting of shareholders (the “ Meeting ”) of Outcrop Gold Corp. (the “ Company ”) will be held at the offices located at Suite 905, 1111 West Hastings Street, Vancouver, British Columbia, Canada on June 24, 2021 at 2:00 p.m. (Vancouver time) for the following purposes:

1. To receive and consider the Audited Financial Statements for the fiscal year ended August 31, 2020, together with Auditor’s Report thereon

2. To fix the number of Directors for the ensuing year at four (4).

3. To elect Directors for the ensuing year.

4. To appoint Davidson & Company LLP as auditors for the ensuing year and to authorize the Directors to fix the remuneration to be paid to the Auditors.

5. To ratify, confirm and approve the Company’s Stock Option Plan.

Accompanying this Notice of Meeting is the Information Circular, a form of proxy (“ Proxy ”) or Voting Instruction Form (“ VIF ”), and a form whereby shareholders can request to be added to the Company’s supplemental mailing list. The Information Circular provides more detailed information relating to the matters to be addressed at the Meeting, and forms part of this Notice.

The board of directors have fixed the close of business on May 18, 2021 as the record date for determining the shareholders entitled to receive notice of, and to vote at, the Meeting or any adjournment thereof. A shareholder entitled to vote at the Meeting is entitled to appoint a proxyholder to attend and vote in his/her stead. If you are unable to attend the Meeting in person, please date, execute, and return the enclosed form of Proxy or VIF in accordance with the instructions set out in the notes to the Proxy or VIF and any accompanying information from your intermediary.

DATED at Vancouver, British Columbia, this 18[th] day of May, 2021.

ON BEHALF OF THE BOARD OF DIRECTORS

“ Joseph Hebert ”

CHIEF EXECUTIVE OFFICER

These shareholder materials are being sent to both registered and non-registered owners of the securities. If you are a non-registered owner, and the Company or its agent has sent these materials directly to you, your name and address and information about your holdings of securities have been obtained in accordance with applicable securities regulatory requirements from the intermediary holding on your behalf. By choosing to send these materials to you directly, the Company (and not the intermediary holding on your behalf) has assumed responsibility for (i) delivering these materials to you, and (ii) executing your proper voting instructions. Please return your voting instructions as specified in the request for voting instructions.