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Founders Metals Appoints Felicia de la Paz as Chief Financial Officer

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Founders Metals (OTCQX:FDMIF, TSXV:FDR) appointed Felicia de la Paz as Chief Financial Officer and Corporate Secretary, effective July 6, 2026. The company highlights her 15+ years of natural resources experience and states it remains fully funded for its 70,000 metre 2026 exploration program at the Antino Gold Project.

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Positive

  • New CFO appointment with 15+ years natural resources experience
  • Fully funded 70,000 metre 2026 Antino exploration program
  • CFO experience from FPX Nickel, Equinox Gold, KPMG

Negative

  • None.

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Vancouver, British Columbia--(Newsfile Corp. - July 3, 2026) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the appointment of Felicia de la Paz as Chief Financial Officer and Corporate Secretary, effective July 6, 2026.

Colin Padget, President & CEO, commented, "Felicia is an exceptional addition to our leadership team. Her appointment comes as Founders enters its next phase of growth at the Antino Gold Project, with exploration momentum continuing to build. Felicia's experience will support the financial discipline that underpins our progress and helps create value for our shareholders. We remain fully funded for our 70,000 metre 2026 exploration program at Antino."

Ms. de la Paz is a senior financial executive with over 15 years of experience in the natural resources sector, focused on financial strategy and public company reporting. She most recently served as Chief Financial Officer and Corporate Secretary of FPX Nickel Corp. Her expertise includes financial planning and analysis, capital allocation, and integration of new acquisitions across multi-jurisdictional operations, and her career includes progressively senior leadership roles with Equinox Gold Corp. and KPMG LLP. Ms. de la Paz holds a Bachelor of Commerce (Honours) from the University of British Columbia and is a member of the Chartered Professional Accountants of Canada (CPA, CA).

Ms. de la Paz succeeds Samuel Yik. The Company wishes Mr. Yik well in his future endeavours.

About Founders Metals Inc.

Founders Metals Inc. is a Canadian gold exploration company building a district-scale gold camp in southeastern Suriname. The Company controls a 102,360-hectare contiguous land package in the Guiana Shield - the largest uninterrupted package of highly prospective greenstone belt geology in the region. Founders is executing one of the most active exploration programs in the global junior gold sector and is backed by a strategic partnership with Gold Fields Limited. The Company is committed to responsible exploration, strong community engagement, and disciplined capital allocation as it advances Suriname's next major gold camp.

ON BEHALF OF THE BOARD OF DIRECTORS,

Per: "Colin Padget"

Colin Padget
President, Chief Executive Officer, and Director

Contact Information

Katie MacKenzie, Vice President, Corporate Development
Tel: +1 604 712 1790 | katiem@fdrmetals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding the appointment of the Company's Chief Financial Officer and Corporate Secretary, the funding of the Company's 2026 exploration program, growth and exploration plans at the Antino Gold Project, and long term value creation and the Company's prospects. Forward-looking information can generally be identified by words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or variations indicating that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved.

Forward-looking statements are based on management's current expectations and reasonable assumptions but are subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results to differ materially from those expressed or implied, including: general business and economic uncertainties; exploration results; mining industry risks; and other factors described in the Company's most recent annual management discussion and analysis. Although the Company has attempted to identify important factors that could cause actual results to differ materially, other factors may cause results not to be as anticipated. There can be no assurance that forward-looking information will prove accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All material information on Founders Metals can be found at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303839

FAQ

What management change did Founders Metals (FDMIF) announce on July 3, 2026?

Founders Metals appointed Felicia de la Paz as Chief Financial Officer and Corporate Secretary effective July 6, 2026. According to Founders Metals, she succeeds Samuel Yik as the company advances its Antino Gold Project and broader growth plans.

Who is Felicia de la Paz, the new CFO of Founders Metals (FDMIF)?

Felicia de la Paz is a senior financial executive with over 15 years in the natural resources sector. According to Founders Metals, her background spans financial strategy, public company reporting, and roles at FPX Nickel, Equinox Gold, and KPMG.

How does the new CFO appointment relate to Founders Metals’ Antino Gold Project?

The CFO change coincides with Founders Metals’ next growth phase at the Antino Gold Project. According to Founders Metals, Felicia de la Paz’s experience is expected to support financial discipline as exploration momentum continues to build at Antino.

Is Founders Metals (FDMIF) funded for its 2026 Antino Gold exploration program?

Founders Metals states it remains fully funded for its 70,000 metre 2026 exploration program at Antino. According to Founders Metals, this funding underpins ongoing exploration momentum and the company’s stated focus on financial discipline and shareholder value.

What experience does Founders Metals’ new CFO bring to the company?

The new CFO brings expertise in financial planning, analysis, capital allocation, and acquisition integration. According to Founders Metals, her career includes progressively senior roles with FPX Nickel, Equinox Gold, and KPMG, plus CPA, CA designation and a commerce degree.

Who did Felicia de la Paz replace as CFO at Founders Metals (FDMIF)?

Felicia de la Paz succeeds Samuel Yik as Chief Financial Officer and Corporate Secretary. According to Founders Metals, the company acknowledged his service and extended well wishes for his future endeavours as the leadership transition takes effect.