Vancouver, British Columbia–(Newsfile Corp. – May 24, 2024) – Founders Metals Inc. (TSXV: FDR) (“Founders” or the “Company”) is pleased to announce that the Company has closed its fully-subscribed non-brokered private placement financing (the “Offering”) pursuant to the Listed Issuer Financing Exemption (the “LIFE”) of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) raising gross proceeds of […]
Vancouver, British Columbia–(Newsfile Corp. – December 4, 2023) – Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (“Founders” or the “Company”) announces that its common shares are now trading in the United States on the OTCQX® Best Market under the symbol “FDMIF”. Colin Padget, President and CEO, commented, “We are very pleased to start trading on […]
Vancouver, British Columbia–(Newsfile Corp. – August 28, 2023) – Founders Metals Inc. (TSXV: FDR) (“Founders” or the “Company”) announces it has completed a non-brokered private placement (the “Private Placement”) raising gross proceeds of $1,700,000 for 4,250,000 common shares (the “Shares”) of the Company at a price of $0.40 per Share. The Company paid no commission or fees […]
Vancouver, British Columbia–(Newsfile Corp. – August 8, 2023) – Founders Metals Inc. (TSXV: FDR) (“Founders” or the “Company”) announces the successful completion of a high-resolution induced polarization (IP) and electrical resistivity survey at the Antino Gold Project in southeastern Suriname. The ground-based geophysical survey identified multiple resistivity and chargeability anomalies coincident with known gold mineralization. The survey […]
With the July 27th release of impressive initial drill results, average daily trading volumes for Founders Metals jumped by a factor of over seven and the stock price was up 12% as the market digested numbers highlighted by 12 metres (m) core length of 19.22 grams per tonne (g/t) gold (Au) including 3 m of 29.90 g/t Au and 2.65 m of […]
Vancouver, British Columbia–(Newsfile Corp. – July 6, 2023) – Founders Metals Inc. (TSXV: FDR) (“Founders” or the “Company”) announces the start of its 2023 drill program (Figure 1) at the Antino Gold Project in southeastern Suriname, South America. The current drilling focuses on expanding the known gold mineralization at the high-grade Froyo Zone in the Upper Antino […]
Vancouver, British Columbia–(Newsfile Corp. – April 26, 2023) – Founders Metals Inc. (TSXV: FDR) (the “Company“) is pleased to announce results from its preliminary ground exploration program at the Antino Gold Project (“Antino”) in Suriname. The exploration program focused on mapping and sampling in pits and other areas exposed by recent historical mining. Gold mineralization […]
