Newsfile Corp
19 Aug 2026, 10:40 UTC · 1h ago
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Gold Fields is making a strategic investment of C$76.96 million in Founders Metals, resulting in an approximately 19.9% ownership stake. — A substantial capital injection and equity stake from a major global gold producer serves as a powerful institutional endorsement of the asset's value.
+0.80Founders Metals is acquiring the remaining 30% stake in Lawa Gold to achieve 100% ownership of the Antino Gold Project in Suriname. — Consolidating full ownership removes partner friction and provides complete operational control over a large-scale mineral district.
+0.60The acquisition includes up to US$21 million in contingent milestone payments tied to resource estimates, permitting, and gold production. — While creating future liabilities, these milestones signal clear development targets and align the seller's interests with project success.
+0.30Which stocks this story touches
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TheNewswire
25m ago
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The company is consolidating 100% ownership of the Antino Gold Project and securing a significant strategic investment from Gold Fields.
The company is expanding its strategic stake in a promising gold project through a significant investment.
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5h ago
