BULLETIN V2026-2966
FOUNDERS METALS INC. ("FDR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement and Private Placement-Non-Brokered
BULLETIN DATE: September 18, 2026
TSX Venture Tier 2 Company
Acquisition Transaction:
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length share purchase agreement dated August 18,2026 (the "Agreement") with Nana Resources N.V. ("Nana") for the remaining 30% shares of Lawa Gold N.V. ("Lawa").
Pursuant to the terms of the Agreement, dated August 18, 2026, FDR has issued 13,568,944 common shares, paid US$17,000,000 in cash, and has agreed to pay up to US$21,000,000 in future contingent cash milestone payments to Nana in order to complete the acquisition of the remaining 30% issued and outstanding shares of Lawa. The assets consist of Lawa's 100% interest in the mineral rights, concessions, and infrastructure comprising the Antino Gold Project in Suriname. The transaction is arm's length in nature.
No finder's fees are payable.
For further details, please refer to the FDR's news releases dated August 19, 2026 and September 17, 2026.
Private Placement-Non-Brokered:
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $76,958,864
Offering: 14,146,850 Listed Shares
Offering Price: $5.44 per Listed Share
Warrant Exercise Terms: N/A
Commissions in Securities: N/A
Disclosure: Refer to the FDR's news releases dated August 19, 2026 and September 17, 2026.
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