Gold Fields makes strategic investment in Founders Metals’ ownership of the Antino Gold Project for C$77M

On September 17, 2026, Founders Metals Inc. ("Founders") announced that it has completed the acquisition of the remaining 30% of the issued and outstanding shares of Lawa Gold N.V. ("Lawa") from Nana Resources N.V. ("Nana"), as previously announced on August 19, 2026 (the "Transaction"). As a result of the Transaction, Founders now holds a 100%, royalty-free interest in the Antino Gold Project ("Antino") in southeastern Suriname. Concurrently, Founders closed the C$76,958,864 strategic investment by Gold Fields Netherlands Services B.V., an affiliate of Gold Fields Limited ("Gold Fields"), increasing Gold Fields' ownership to approximately 19.9% of Founders' issued and outstanding common shares (the "Gold Fields Investment"). Under the Gold Fields Investment, Founders issued 14,146,850 common shares (the "Gold Fields Shares") at a price of C$5.44 per Gold Fields Share. Immediately prior to closing, Gold Fields held 14,489,879 common shares, representing approximately 12.5% of Founders' issued and outstanding common shares. Following closing, Gold Fields holds 28,636,729 common shares, representing approximately 19.9% of the issued and outstanding common shares of Founders on a non-diluted basis.

McCarthy Tétrault assisted Gold Fields with a team led by Shawn Doyle that included Roger R. Taplin, Claire Lehan, Ruo Lan Wang (Business) and Annie Poirier-Simard (Securities Paralegal).