Founders Metals Acquires Royalty-Free Interest in Antino Gold Project in Suriname

01:29 PM EDT, 09/17/2026 (MT Newswires) -- Founders Metals (FDR.V) said Thursday that it now holds a 100%, royalty-free interest in the Antino Gold Project in Suriname after acquiring the remaining 30% of Lawa Gold from Nana Resources for $17 million cash and 13.6 million shares. Nana may also receive up to $21 million cash in contingent milestone payments, subject to certain conditions being met, a statement said. The company also closed a CA$77 million strategic investment by Gold Fields, which increased its equity stake in Founders to 19.9%. "Gold Fields' decision to increase its position to 19.9% is a strong endorsement of Antino's potential and leaves Founders well funded to advance both our known targets and greenfields exploration across the district," said Founders Chief Executive Officer Colin Padget. Founders Metals shares were last seen up CA$0.19 at CA$5.84 on the TSX Venture Exchange. Price: 5.85, Change: +0.20, Percent Change: +3.54