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Founders Metals Announces C$15 Million Bought Deal Financing & LOI with Strategic Investor

Oct 10, 2024•over 1 year ago

Contract Type

partnership

VancouverMiningPrecious MetalsMineral

Description

Founders Metals Inc. has entered into a C$15 million bought deal financing with a syndicate of underwriters and a non-binding letter of intent with a major precious metals producer for a 5% equity investment.

Company Information

Company

Founders Metals

Location

Vancouver, British Columbia, Canada

About

The Antino Gold Project is a mineral exploration project located in southeastern Suriname. The project is being explored for gold mineralization through drilling activities in three key areas: Upper Antino, Buese, and Lower Antino.

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Based on industry data
Strategic partnership established
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