B2Gold Increases Position in Founders Metals

Core Viewpoint - B2Gold Corp. has completed its obligations under the Shareholder Agreement by purchasing 1,170,000 common shares of Founders Metals Inc., increasing its ownership to approximately 6% of the company's issued and outstanding shares, demonstrating confidence in the Antino Gold Project [1][2]. Company Overview - Founders Metals Inc. is a Canadian exploration company focused on the Antino Gold Project located in Suriname, covering an area of 20,000 hectares and having produced over 500,000 ounces of gold from historical mining [2]. - The company aims to advance one of Suriname's most promising gold exploration opportunities, emphasizing responsible exploration and community engagement [2]. Investment Implications - B2Gold's increased investment is seen as a reinforcement of the belief in the Antino Gold Project as a Tier 1 discovery, which may unlock significant value for shareholders [2].