Mr. Colin Padget reports

FOUNDERS METALS ANNOUNCES LISTING ON FRANKFURT EXCHANGE

Founders Metals Inc. is now trading on the Frankfurt Stock Exchange under the symbol 9DL0 (WKN A2QQ1W). Listing on the Frankfurt Stock Exchange, the largest exchange in Germany and one of the world's leading trading venues, Founders Metals anticipates enhanced visibility and access to a broader investor base. The Company's main listing remains on the TSX Venture Exchange under the symbol FDR.

"Our listing on the Frankfurt Stock Exchange reflects Founders' continuous efforts to increase shareholder value and provide easier access for European investors. This is a strategic move aimed at enhancing our liquidity and raising our profile in the international community," says Colin Padget, CEO of Founders Metals. "This listing comes as Founders hits the midway point of its 10,000 m 2023 drilling campaign at the Antino Gold Project in Suriname where highlights from recent drilling include 15.50 metres of 30.72 g/t gold."

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.

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