Founders Metals Announces $50,000,000 Strategic Investment by Gold Fields
Founders Metals (TSXV: FDR; OTCQX: FDMIF) announced a $50,000,000 strategic investment by Gold Fields (GFI) via a non-brokered private placement of 12,048,193 common shares at $4.15 per share.
Proceeds will fund land consolidation, regional exploration, working capital, and general corporate purposes at the Antino Gold Project in southeastern Suriname. Closing is expected on or about November 10, 2025, subject to TSXV approval, and issued shares will have a four-month-and-one-day hold period.
Founders and Gold Fields will enter an Investor Rights Agreement giving Gold Fields top-up and financing participation rights, technical committee representation, and the right to appoint one board nominee if its ownership reaches or exceeds 12.5%. National Bank Capital Markets is acting as financial advisor.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) ha annunciato un investimento strategico di 50.000.000 USD da parte di Gold Fields (GFI) tramite una collocazione privata non brokerata di 12.048.193 azioni ordinarie a 4,15 USD per azione.
I proventi finanzieranno consolidamento della terra, esplorazione regionale, capitale circolante e scopi aziendali generali al Progetto Aurifero Antino nel sud-est del Suriname. La chiusura è prevista intorno al 10 novembre 2025, soggetta all'approvazione della TSXV, e le azioni emesse avranno un periodo di blocco di quattro mesi e un giorno.
Founders e Gold Fields stipuleranno un Accordo sui Diritti degli Investitori che garantisce a Gold Fields diritti di partecipazione e di finanziamento, rappresentanza nel comitato tecnico, e il diritto di nominare un candidato al consiglio se la partecipazione raggiunge o supera 12,5%. National Bank Capital Markets funge da consulente finanziario.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) anunció una inversión estratégica de 50,000,000 USD por parte de Gold Fields (GFI) a través de una colocación privada no intermediada de 12,048,193 acciones comunes a 4,15 USD por acción.
Los ingresos financiarán consolidación de tierras, exploración regional, capital de trabajo y fines corporativos generales en el Proyecto de Oro Antino en el sureste de Surinam. El cierre se espera alrededor del 10 de noviembre de 2025, sujeto a la aprobación de la TSXV, y las acciones emitidas tendrán un periodo de bloqueo de cuatro meses y un día.
Founders y Gold Fields celebrarán un Acuerdo de Derechos de Inversor que otorga a Gold Fields derechos de aumento de participación y de financiación, representación en el comité técnico y el derecho a designar a un candidato a la junta si su propiedad alcanza o supera el 12,5%. National Bank Capital Markets actúa como asesor financiero.
Founders Metals (TSXV: FDR; OTCQX: FDMIF)는 Gold Fields (GFI)의 브로커리지 없는 비공개 배정을 통해 50,000,000 USD의 전략적 투자를 발표했습니다. 배정은 주당 4.15 USD의 12,048,193 주 일반주의 배정으로 이루어집니다.
수익금은 남동부 수리남의 Antino 금 프로젝트에서 토지 통합, 지역 탐사, 운전자본 및 일반 기업 목적을 위한 자금으로 사용될 예정입니다. 종료는 TSXV 승인을 전제로 대략 2025년 11월 10일에 이루어질 예정이며, 발행 주식은 4개월 1일의 보유 기간이 있습니다.
Founders와 Gold Fields는 Gold Fields의 지분이 12.5%에 도달하거나 이를 초과할 경우를 포함해 자금 참여 및 참여 권리, 기술위원회 대표권, 이사회 후보 1인을 임명할 권리를 부여하는 Investor Rights Agreement를 체결합니다. National Bank Capital Markets가 재무 고문으로 활동합니다.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) a annoncé un investissement stratégique de 50 000 000 USD par Gold Fields (GFI) via une placement privé non intermédié de 12 048 193 actions ordinaires à 4,15 USD par action.
Les produits seront utilisés pour la consolidation des terrains, l'exploration régionale, le fonds de roulement et les objectifs généraux de l'entreprise au projet aurifère Antino dans le sud-est du Suriname. La clôture est prévue vers le 10 novembre 2025, sous réserve de l'approbation de la TSXV, et les actions émises feront l'objet d'une période de blocage de quatre mois et un jour.
Founders et Gold Fields signeront un accord sur les droits des investisseurs donnant à Gold Fields des droits de participation et de financement, une représentation au comité technique, et le droit de nommer un candidat au conseil si sa participation atteint ou dépasse 12,5%. National Bank Capital Markets agit en tant que conseiller financier.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) kündigte eine strategische Investition in Höhe von 50.000.000 USD durch Gold Fields (GFI) über eine nicht brokered private placement von 12.048.193 Stammaktien zu 4,15 USD pro Aktie an.
Die Mittel dienen der Landkonsolidierung, regionalen Erkundung, Betriebskapital und allgemeinen Unternehmenszwecken beim Antino-Goldprojekt im Südosten Surinams. Der Abschluss wird voraussichtlich am oder um den 10. November 2025 erfolgen, vorbehaltlich der Genehmigung der TSXV, und die ausgegebenen Aktien unterliegen einer Sperrfrist von vier Monaten und einem Tag.
Founders und Gold Fields werden eine Investor Rights Agreement abschließen, die Gold Fields Rechte auf Nachfinanzierung und Finanzierungsteilnahme, Vertretung im technischen Ausschuss und das Recht zur Ernennung eines Vorstandsbeauftragten vorsieht, sofern seine Eigentümerschaft 12,5% erreicht oder überschreitet. National Bank Capital Markets fungiert als Finanzberater.
Founders Metals (TSXV: FDR; OTCQX: FDMIF) أعلنت عن استثمار استراتيجي بقيمة 50,000,000 دولار من Gold Fields (GFI) من خلال طرح خاص غير وسيط لــ 12,048,193 سهماً عادياً بسعر 4.15 دولار للسهم.
سيوظف العائد لــ دمج الأراضي، الاستكشاف الإقليمي، رأس المال العامل، والأغراض العامة للمشروع الذهبي Antino في جنوب شرق سورينام. من المتوقع الإغلاق في أو نحو 10 نوفمبر 2025، رهناً بموافقة TSXV، وسيكون لفترة حظر على الأسهم المصدرة تبلغ أربعة أشهر ويوم واحد.
سيبرمFounders وGold Fields اتفاقية حقوق المستثمر التي تمنح Gold Fields حقوق المشاركة والتمويل، والتمثيل في اللجنة الفنية، وحق تعيين مرشح واحد في المجلس إذا بلغت ملكيته 12.5% أو تجاوزته. National Bank Capital Markets تعمل كمستشار مالي.
- $50,000,000 strategic investment by Gold Fields
- 12,048,193 shares issued at $4.15 per share
- Proceeds earmarked for land consolidation and regional exploration
- Investor Rights Agreement includes technical committee representation
- Closing is conditional on TSXV approval and customary conditions, expected ~Nov 10, 2025
Insights
Gold Fields will invest
Founders Metals secures a direct
This structure ties capital provision to operational collaboration: Gold Fields may second technical staff into the project company, subject to company acceptance and Surinamese law. Closing is expected on or about
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that it has entered into a subscription agreement with Gold Fields Netherlands Services B.V., an affiliate of Gold Fields Limited (JSE: GFI) (NYSE: GFI) ("Gold Fields"), whereby Gold Fields will acquire 12,048,193 common shares of the Company (the "Common Shares"), at a price of
Proceeds from the strategic investment will be used for land consolidation, regional exploration activities, working capital, and general corporate purposes at the Company's Antino Gold Project in southeastern Suriname ("Antino"). National Bank Capital Markets is acting as financial advisor.
Colin Padget, President and CEO of Founders Metals, commented: "We are very pleased to welcome Gold Fields, a top-tier global gold producer, as a strategic partner. Combining Founders' position as the largest and most advanced gold explorer in Suriname with the technical capabilities of a company having decades of experience developing world-class gold deposits positions us to rapidly advance work at Antino. This partnership further underscores Suriname's potential as an emerging gold jurisdiction globally. With this capital, we are dedicating our full attention to unlocking Antino's potential—expanding our land position and aggressively advancing regional-scale exploration across multiple high-grade targets—building value for all shareholders."
Investor Rights Agreement
In connection with the strategic investment, Founders Metals and Gold Fields will enter into an Investor Rights Agreement (the "IRA") at closing, pursuant to which, and provided that Gold Fields maintains certain shareholding thresholds, Gold Fields will have top-up and financing participation rights, technical committee representation rights, and the right to appoint one nominee to the Company's board of directors if Gold Fields' ownership reaches or exceeds
In support of technical collaboration between Founders and Gold Fields, Gold Fields will additionally have the right to second technical staff into Lawa Gold N.V., the project company, subject to acceptance by the Company and in compliance with applicable Surinamese laws and regulations.
Closing and Regulatory Approvals
The transaction is expected to close on or about November 10, 2025, subject to customary conditions including TSX Venture Exchange (the "TSXV") approval. All Common Shares issued pursuant to the subscription will be subject to a four-month and a day hold period in accordance with applicable Canadian securities legislation.
About Gold Fields Limited
Gold Fields is a globally diversified gold producer with nine operating mines in Australia, South Africa, Ghana, Chile and Peru and one project in Canada. The Company has a total attributable annual gold-equivalent production of 2.1 Moz, proved and probable Gold Mineral Reserves of 44.3 Moz, measured and indicated Gold Mineral Resources of 30.4 Moz (excluding Mineral Reserves) and inferred Gold Mineral Resources of 11.6 Moz (excluding Mineral Reserves). Gold Fields' shares are listed on the JSE and American depositary shares trade on the New York Stock Exchange.
About Founders Metals Inc.
Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 56,000 ha and has produced over 500,000 ounces of gold from historical surface and alluvial mining to date1. The Company is systematically advancing one of Suriname's most promising gold exploration and development opportunities with drill-confirmed, district-scale potential. Founders is committed to responsible exploration, community engagement, and delivering long-term value to shareholders through technical excellence and strategic growth in the Guiana Shield.
12022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.
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: 306 537 8903 | katiem@fdrmetals.com
Harp Gosal, Director, Investor Relations
Tel: 236 301 4211 | harpg@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 use of proceeds, entering the IRA, Gold Fields right thereunder and exercise of those rights, approval of the TSXV and the anticipated closing date. 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; failure to obtain TSXV approval; dilution respecting additional investment in the Company, that the use of proceeds may not be expended as anticipated by the Company, 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/272916
FAQ
What are the terms of Gold Fields' strategic investment in Founders Metals (GFI) announced November 3, 2025?
How will Founders Metals use the $50,000,000 from Gold Fields' investment (GFI)?
When is the Gold Fields investment in Founders Metals (GFI) expected to close?
What investor rights does Gold Fields receive under the Investor Rights Agreement with Founders Metals (GFI)?
Will the Founders Metals shares issued to Gold Fields (GFI) be restricted from trading?
Who advised Founders Metals on the Gold Fields (GFI) strategic investment?
