Mineral Founders (TSXV: Roosevelt) (OTCCQX: Fdmiv) (FSE: 9DL0) (“Founders” or the “Company”) announces that Gold Fields Dutch Services BV (“Gold Fields”), a wholly owned, indirect subsidiary of Gold Fields Ltd, has increased its share position in the Company through market purchases.
On April 6, 2026, Gold Fields acquired 2,441,686 common shares of the Company at a weighted average price of approximately C$4.15 per share, for a total consideration of approximately C$10.1 million. Following the transaction, Gold Fields beneficially owns 14,489,879 founders’ common shares, representing approximately 12.50% of the issued and outstanding common shares on a non-dilutive basis, up from approximately 10.39% following the closing of Gold Fields’ initial C$50 million strategic investment in November 2025.
Colin Padgett, President and CEO, commented: “Gold Fields’ decision to increase its ownership in Founders through market purchases is a strong endorsement of our exploration strategy and the district-wide potential of the Antino Gold Project. With a robust surface exploration and diamond drilling program of over 70,000 meters underway and multiple high-priority targets progressing across the 102,360 hectare land package, we are well positioned to continue delivering value for all shareholders.”
Gold Fields’ early warning report in connection with the transaction has been filed under the founders’ profile on SEDAR+ on www.sedarplus.ca.
About Founders Metals Inc.
Founders Metals Inc. is a Canadian gold exploration company building a district-wide gold camp in southeastern Suriname. The Company controls a contiguous land package of 102,360 hectares in the Guyana Shield region – the largest continuous package of highly promising greenstone belt geology in the region. The founders are supported by strategic partnerships with Gold Fields and B2Gold and are implementing one of the most active exploration programs in the global junior gold sector. The company is committed to responsible exploration, strong community engagement and disciplined capital allocation as it develops Suriname’s next major gold camp.
On behalf of the Board of Directors,
Per: “Colin Padgett”
Colin Padgett
President, CEO and Director
Cautionary statement regarding forward-looking information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including statements regarding the long-term value creation and prospects of the Company. Forward-looking information can generally be identified by words such as “plans”, “expects”, “expected”, “budget”, “planned”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations that indicate that certain actions, events or results “may”, “could”, “will”, “may” 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 could 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 discussions and analyses. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there are other factors that could cause results not to be as anticipated. There can be no assurance that forward-looking information will prove to be 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 undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All material information about Founders Metals can be found on the website www.sedarplus.ca.
