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Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that its common shares are now trading in the United States on the OTCQX® Best Market under the symbol "FDMIF".
Colin Padget, President and CEO, commented, "We are very pleased to start trading on the OTCQX as it increases accessibility to our current and prospective U.S. shareholders while also increasing our overall market liquidity and visibility across global capital markets."
To qualify for the OTCQX® Best Market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosures, and have a professional third-party sponsor introduction. OTCQX companies are distinguished by the integrity of their operations and the diligence with which they convey their qualifications.
U.S. investors can find current financial disclosures and real-time Level 2 quotes for the Company on www.otcmarkets.com/stock/FDMIF/overview.
JWTT Inc. acted as the Company's OTCQX sponsor.
About Founders Metals Inc.
Founders Metals is a Canadian exploration company operating in North and South America. The Company is focused on acquiring and advancing gold projects in the South American Guiana Shield. Its flagship project is the 20,000-ha Antino Gold Project in Suriname. Exploration work on the project includes over 30,000 m of historical drilling, 35,000 gold-in-soil auger samples, property-wide aeromagnetic survey data, and a 2022 LiDAR survey. Antino is the most advanced gold exploration project in Suriname, within an area where historical surface/alluvial gold mining has produced over 500,000 gold ounces to date1.
1 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.
ON BEHALF OF THE BOARD OF DIRECTORS,
Per: "Colin Padget"
Colin Padget
President, Chief Executive Officer, and Director
Founders Metals Contact Information
Dave Burwell, VP, Corporate Development
Tel: 403 410 7907 | daveb@fdrmetals.com
Colin Padget, President and CEO, commented, "We are very pleased to start trading on the OTCQX as it increases accessibility to our current and prospective U.S. shareholders while also increasing our overall market liquidity and visibility across global capital markets."
To qualify for the OTCQX® Best Market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosures, and have a professional third-party sponsor introduction. OTCQX companies are distinguished by the integrity of their operations and the diligence with which they convey their qualifications.
U.S. investors can find current financial disclosures and real-time Level 2 quotes for the Company on www.otcmarkets.com/stock/FDMIF/overview.
JWTT Inc. acted as the Company's OTCQX sponsor.
About Founders Metals Inc.
Founders Metals is a Canadian exploration company operating in North and South America. The Company is focused on acquiring and advancing gold projects in the South American Guiana Shield. Its flagship project is the 20,000-ha Antino Gold Project in Suriname. Exploration work on the project includes over 30,000 m of historical drilling, 35,000 gold-in-soil auger samples, property-wide aeromagnetic survey data, and a 2022 LiDAR survey. Antino is the most advanced gold exploration project in Suriname, within an area where historical surface/alluvial gold mining has produced over 500,000 gold ounces to date1.
1 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.
ON BEHALF OF THE BOARD OF DIRECTORS,
Per: "Colin Padget"
Colin Padget
President, Chief Executive Officer, and Director
Founders Metals Contact Information
Dave Burwell, VP, Corporate Development
Tel: 403 410 7907 | daveb@fdrmetals.com
