Founders Metals (“FDR”), which is exploring the 102,360ha Antino project in Suriname, has announced two transactions that are, in aggregate, transformational for the business. FDR is to acquire Nana Resources’ 30% interest in the project holding company, Lawa Gold, which will give it a 100% interest in the Antino project through a combination of US$17m in cash, 13.568m shares (C$78.016m/US$56.24m based on yesterday’s close price) and up to US$21m of milestone payments. In addition, Gold Fields ( ....
