Founders Metals Closes $1.7 Million Private Placement with Strategic Investor #FDR.CA #FDR.V #Financing #Investing #JuniorMining #Mining #MiningStocks #PrivatePlacement #SmallCaps #TSXV

Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Founders Metals Inc. (TSXV: FDR) ("Founders" or the "Company") announces it has completed a non-brokered private placement (the "Private Placement") raising gross proceeds of $1,700,000 for 4,250,000 common shares (the "Shares") of the Company at a price of $0.40 per Share. The Company paid no commission or fees on the investment and all the securities issued in connection with the Private Placement are subject to a hold period...
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