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Founders Metals Inc. (FDR.V)

5.66

-0.09

(-1.57%)

At close: 3:59:34 PM EST

Christmas in the Jungle: Founders Metals Hits 36.0 m of 2.21 g/t Gold & 67.0 m of 1.26 g/t Gold from Surface in New Da Vinci Discovery

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from the newly discovered Da Vinci prospect ("Da Vinci") at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname (Figure 1). The Company reports results from the first five holes at Da Vinci where gold mineralization occurs from surface over two broad shear zones including, 21 ...

Newsfile 30 days ago

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Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company reports high-grade gold mineralization including 23.0 metres (m) of 5.00 grams per tonne (g/t) gold (Au) at the Froyo Gold Zone ("Froyo" or "Zone"). Additional drilling extends gold mineralization at Froyo by 180 m. .

Newsfile last month

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Founders Metals Announces Positive Metallurgical Test Work

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces metallurgical test results for its Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. Testing was focused on the chemical and mineralogical characterization, comminution testing, gravity test work and a comprehensive cyanidation study. HighlightsGold extraction for gravity-leach averaged 94.9% (fresh rock) a

Newsfile last month

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Founders Metals Hits New Discovery in Third Lower Antino Drill Hole

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its maiden drill program at Lower Antino on the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. Founders reports 81.9 metres (m) of 1.01 grams per tonne (g/t) gold (Au) within a broader, >200 m wide zone of anomalous gold. The zone was intersected ...

Newsfile 2 months ago

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Miata Metals Highlights Initial Drill Targets on Sela Creek Gold Project, Suriname

VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) ("Miata" or the "Company") is pleased to announce details of its maiden drill program, focused on high-priority targets on the Company’s Sela Creek Gold Project (“Sela Creek”) in Suriname. Miata’s technical team has developed a geological model incorporating all available data that forms the basis of the Company’s upcoming 5,000-metre, phase 1 diamond drilling program. Highlights Three initia

GlobeNewswire 2 months ago

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Founders Metals Closes C$12.1M Financing with B2Gold

Vancouver, British Columbia--(Newsfile Corp. - November 5, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that it has closed its previously announced strategic investment from B2Gold Corp. ("B2Gold") of 4,400,000 common shares of the Company (the "Offered Shares") at a price of C$2.75 per Offered Share for aggregate gross proceeds of C$12,100,000 (the "Offering"). The Offering represents 5.0% of the issued and outstanding

Newsfile 2 months ago

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Founders Metals Closes C$20M Bought Deal Financing

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2024) - Founders Metals Inc. (TSXV:FDR) ("Founders" or the "Company") is pleased to announce the closing of its previously-announced bought deal private placement offering of 8,340,000 common shares of the Company (the "Offered Shares") at a price of C$2.40 per Offered Share for aggregate gross proceeds of C$20,016,000 (the "Offering"). The Offering was led by BMO Capital Markets, as lead underwriter and sole bookrunner, on behalf of ...

Newsfile 2 months ago

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B2Gold Invests C$12.1 Million in Founders Metals

Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that, further to the press release dated October 10, 2024, it has entered into an agreement with B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") for a C$12.1 million investment (the "Strategic Investment") at a price of C$2.75 per common share (each, a "Share"). Together with ...

Newsfile 2 months ago

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Founders Metals Increases Previously Announced Bought Deal Financing to C$20 Million

VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Founders Metals Inc. (TSX-V: FDR, OTCQX: FDMIF, FSE: 9DL0) (“Founders” or the “Company”) is pleased to announce that due to strong demand and oversubscription, it has increased the size of the previously announced private placement of common shares to 8,340,000 common shares (the “Common Shares”) at a price of C$2.40 for gross proceeds of approximately C$20 million (the “Offering”). The company previously entered into an agreement wi

GlobeNewswire 2 months ago

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Founders Metals Announces C$15 Million Bought Deal Financing & LOI with Strategic Investor

VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Founders Metals Inc. (TSX-V: FDR, OTCQX: FDMIF, FSE: 9DL0) (“Founders” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets including Paradigm Capital and Clarus Securities, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 6,250,000 common shares (the “Common Shares”) of the Company, at a price of C$2.

GlobeNewswire 2 months ago

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TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

CNW Group 3 months ago

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Chris Taylor Joins Founders Metals as New Director

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce Chris Taylor as a new Independent Director to the Company's Board of Directors ("Board" or "BOD"), effective immediately.Mr. Taylor is a structural and economic geologist with over two decades of experience in both junior exploration and mid-tier mining companies. As the Founder, President, and CEO of Great Bear Resourc

Newsfile 3 months ago

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Founders Metals Hits at Buese; Intercepts 20 m of 7.65 g/t Gold

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. The Company is pleased to report results from its 3,500-metre (m) Phase 1 Buese drill program. The drilling was designed to test high-grade, shear-hosted gold mineralization as well as

Newsfile 3 months ago

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Froyo Eats Cupcake; Founders Metals Extends Froyo Gold Zone by 500 Metres

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. The Company reports new high-grade, gold-bearing structures in eastward step-out and extends the Froyo Gold Zone ("Froyo") 500 metres (m) north. This new mineralization connects throug

Newsfile 3 months ago

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Founders Metals Exercises Right to Acquire 51% of the Antino Gold Project

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce the exercise of its right to acquire 51% of the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. In addition, the Company has amended and restated the option agreement (the "Amended and Restated Option") with Nana Resources N.V. ("Nana") on the Project."Exercising our right to acquire 51% ...

Newsfile 4 months ago

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Founders Metals Increases Confidence in Regional Exploration Targets at Antino

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") provides a corporate update and outlines regional exploration targets at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company's surficial team is successfully developing key targets for future surface exploration and drilling, including Lower Antino, Lawa, and the Southern Froyo Extension. Founders intends to

Newsfile 4 months ago

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Will Founders Metals (CVE:FDR) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. By way of example, Founders Metals...

Simply Wall St. 4 months ago

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Froyo Continues to Grow; Founders Metals Hits 44.0 m of 2.05 g/t Au in 65 m Step-Out

Vancouver, British Columbia--(Newsfile Corp. - August 8, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. Highlights within this release demonstrate successful step-out exploration drilling from the July 22, 2024 news release focused on the Froyo Gold Zone.Drilling Highlights44.0 metres (m) of

Newsfile 5 months ago

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Founders Metals Expands Froyo by 150 m with 46.0 m of 5.31 g/t Au

Vancouver, British Columbia--(Newsfile Corp. - July 22, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project ("Antino" or the "Project") in southeastern Suriname. Highlights within this release are from exploration at the Froyo Gold Zone.Drilling Highlights46.0 metres (m) of 5.31 grams per tonne (g/t) gold (Au) (24FR074)Including 10.0 m of 12.05 g/t

Newsfile 5 months ago

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Institutions own 25% of Founders Metals Inc. (CVE:FDR) shares but individual investors control 59% of the company

Key Insights Founders Metals' significant individual investors ownership suggests that the key decisions are influenced...

Simply Wall St. 5 months ago

FDMIF

Performance Overview

Return	FDR.V	S&P/TSX Composite index
YTD	+27.19%	+0.60%
1-Year	+247.24%	+18.10%
3-Year	+1,921.43%	+17.47%

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Founders Metals Inc. (FDR.V)

Christmas in the Jungle: Founders Metals Hits 36.0 m of 2.21 g/t Gold & 67.0 m of 1.26 g/t Gold from Surface in New Da Vinci Discovery

Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres

Founders Metals Announces Positive Metallurgical Test Work

Founders Metals Hits New Discovery in Third Lower Antino Drill Hole

Miata Metals Highlights Initial Drill Targets on Sela Creek Gold Project, Suriname

Founders Metals Closes C$12.1M Financing with B2Gold

Founders Metals Closes C$20M Bought Deal Financing

B2Gold Invests C$12.1 Million in Founders Metals

Founders Metals Increases Previously Announced Bought Deal Financing to C$20 Million

Founders Metals Announces C$15 Million Bought Deal Financing & LOI with Strategic Investor

TSX Venture Exchange Stock Maintenance Bulletins

Chris Taylor Joins Founders Metals as New Director

Founders Metals Hits at Buese; Intercepts 20 m of 7.65 g/t Gold

Froyo Eats Cupcake; Founders Metals Extends Froyo Gold Zone by 500 Metres

Founders Metals Exercises Right to Acquire 51% of the Antino Gold Project

Founders Metals Increases Confidence in Regional Exploration Targets at Antino

Will Founders Metals (CVE:FDR) Spend Its Cash Wisely?

Froyo Continues to Grow; Founders Metals Hits 44.0 m of 2.05 g/t Au in 65 m Step-Out

Founders Metals Expands Froyo by 150 m with 46.0 m of 5.31 g/t Au

Institutions own 25% of Founders Metals Inc. (CVE:FDR) shares but individual investors control 59% of the company

Performance Overview