Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that, further to the press release dated October 10, 2024, it has entered into an agreement with B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") for a C$12.1 million investment (the "Strategic Investment") at a price of C$2.75 per common share (each, a "Share"). Together with ...
VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Founders Metals Inc. (TSX-V: FDR, OTCQX: FDMIF, FSE: 9DL0) (“Founders” or the “Company”) is pleased to announce that due to strong demand and oversubscription, it has increased the size of the previously announced private placement of common shares to 8,340,000 common shares (the “Common Shares”) at a price of C$2.40 for gross proceeds of approximately C$20 million (the “Offering”). The company previously entered into an agreement wi
VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Founders Metals Inc. (TSX-V: FDR, OTCQX: FDMIF, FSE: 9DL0) (“Founders” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets including Paradigm Capital and Clarus Securities, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 6,250,000 common shares (the “Common Shares”) of the Company, at a price of C$2.