Mr. Colin Padget reports

FOUNDERS METALS WELCOMES NEW DIRECTORS TO LEADERSHIP TEAM

Founders Metals Inc. has appointed several key individuals to leadership roles as the company continues to advance its flagship Antino gold project in Suriname, South America. These appointments strengthen Founders' capability to execute its accelerated exploration program while maintaining industry-leading standards of safety and stakeholder engagement.

Colin Padget, president and chief executive officer, commented: "On behalf of the executive team and board, we are very pleased to welcome this group of exceptional leaders to the Founders team. Their combined depth of expertise significantly strengthens our ability to drive value at Antino. These new additions reflect Founders' continued focus on building a best-in-class team to support our commitment to technical excellence, transparent stakeholder engagement and responsible mineral exploration."

New leadership appointments

Harp Gosal -- director of investor relations

Ms. Gosal brings over a decade of experience in investor relations, corporate development, and environmental, social and governance strategy for publicly listed resource companies within the global mining and metal sector.

Most recently serving as manager, investor relations and brand at NexGen Energy Ltd., Ms. Gosal was instrumental in developing and executing a market-leading communications strategy that significantly enhanced NexGen's global profile. Her diverse professional background includes client relations at Deans Knight Capital Management, project management for TED Conferences, and strategic roles at WealthBar and the Leukemia and Lymphoma Society of Canada. In March, 2025, Ms. Gosal was awarded the King Charles III coronation medal in recognition of her outstanding service and dedication to making a meaningful impact in her community.

Ms. Gosal holds the certified professional in investor relations designation, and brings a unique blend of expertise spanning finance, technology and non-profit sectors to her investor relations practice. At Founders, she will focus on driving regular, transparent communication with shareholders to ensure the investment community stays informed of the company's exploration progress and strategic developments at Antino.

Lizbeth Toscano -- director of health and safety

Ms. Toscano joins Founders with over 17 years of global experience developing and implementing comprehensive health and safety programs in the mining and metal industry.

A qualified medical professional with a doctor of medicine degree and specialized certifications in occupational health and safety and environmental management, Ms. Toscano most recently served as corporate health, safety and environment manager at Iamgold. In this role, she led health, safety and environmental initiatives across multiple jurisdictions, ensuring compliance with local and international regulatory standards while promoting a strong, employee and community-focused safety culture.

Ms. Toscano's combination of experience in Suriname, technical expertise and multilingual capabilities (Spanish, English, French, German and Portuguese) provide valuable support for Founders' international operations.

Brandon Anholt -- director of new projects

The company is pleased to announce the promotion of Mr. Anholt to director of new projects, recognizing his significant contributions to Founders since joining the technical team in 2024.

As a senior geologist, Mr. Anholt has played an integral role in many of the grassroot discoveries made at Antino. He brings over eight years of comprehensive experience managing exploration projects across diverse commodities and deposit types at various development stages throughout the Americas, Australia and Africa. Mr. Anholt holds a bachelor of science degree in geology from the University of Alberta, and maintains professional registration as a professional geoscientist in both Alberta and British Columbia.

About Founders Metals Inc.

Founders Metals is a Canadian-based exploration company focused on advancing the Antino gold project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 20,000 hectares, and has produced over 500,000 ounces of gold from historical surface and alluvial mining to date. The company is systematically advancing one of Suriname's most promising gold exploration and development opportunities with drill-confirmed, district-scale potential. Founders is committed to responsible exploration, community engagement, and delivering long-term value to shareholders through technical excellence and strategic growth in the Guiana Shield.

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