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Corporate Update

Founders Metals Consolidates 100% Ownership of the Antino Gold Project and Closes C$77 Million Strategic Investment by Gold Fields

Corporate Update - September 2026 Founders Metals Consolidates 100% Ownership of the Antino Gold Project and Closes C$77 Million Strategic Investment by Gold Fields

Expanding Discovery at Antino

An Emerging District-Scale Gold Camp in Suriname

About Founders Metals TSX.V: FDR

Founders Metals is a Canadian-based gold exploration company focused on advancing its 100%-owned, royalty-free Antino Gold District in southeastern Suriname, South America. Antino is a 102,360-hectare contiguous land package in the Guiana Shield, the largest uninterrupted package of highly prospective greenstone belt geology held by an exploration company.

Founders is executing one of the most active exploration programs globally, backed by a strategic partnership with Gold Fields Limited. Exploration to date has identified multiple shear zone and intrusion-hosted gold systems across Antino, many located several kilometres apart. Ongoing work programs include a fully funded 70,000-metre diamond drill program, regional auger geochemical sampling, and data compilation across the broader district.

Tier 1 Discovery
Fully Funded Capital Efficient Exploration

70,000 metre drill program underway; US$200/metre with company-owned drill fleet

Stable Mining Jurisdiction
Validation from Major Gold Producer

Gold Fields has invested ~US$100 million in Founders and owns a 19.9% equity interest

Significant Land Package
High-Grade & Multiple New Discoveries

High-grade orogenic system with multiple discoveries made since 2023

Strong Shareholder Base
Large-Scale Gold District

102,360 hectares; only 2% of property has been drill-tested to date