Gold Fields agrees to C$76.96 million Founders Metals share subscription for 19.9% stake

Reuters2026/08/19 10:41

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Founders Metals agreed a C$76.96 million private placement with Gold Fields Netherlands Services for 14,146,850 common shares at C$5.44.
Gold Fields is expected to own about 19.9% of the company following closing, alongside the Antino consolidation transaction.
Proceeds earmarked to fund the transaction’s cash component, regional exploration at Antino, working capital, general corporate purposes.
Closing targeted for about Sept. 4, 2026, subject to TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founders Metals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608190640NEWSFILECNPR____20260819_310274_1) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gold Fields agrees to C$76.96 million Founders Metals share subscription for 19.9% stake

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