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On November 10, 2025, Founders Metals Inc. closed its strategic investment with Gold Fields Netherlands Services B.V., an affiliate of Gold Fields Limited, for aggregate gross proceeds of $50,000,000.
Proceeds from the investment will be used for land consolidation, regional exploration activities, working capital, and general corporate purposes at the Founders Metals’ Antino Gold Project in southeastern Suriname. National Bank Capital Markets acted as financial advisor.
Founders Metals is a Canadian-based exploration company focused on the development of its Antino Gold Project, a 56,000-hectare property located in Suriname’s Guiana Shield in South America. Antino has produced over 500,000 ounces of gold from historical surface and alluvial mining.
Miller Thomson advised Founders Metals with a team comprised of Andrew Powers, Alex Bruvels, Connor Broude and Wendy Wang (Capital Markets/Securities).
Parties
Company
Founders Metals Inc.
Company
Gold Fields Limited
Deal Type
Financing/InvestmentIndustry
MiningTransaction
$ 50,000,000Deal Status
ClosedClosing Date
10 November 2025