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Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the appointment of Barry Macdonald to the Company's Board of Directors as an Independent Director.
Founders' President & CEO, Colin Padget, commented, "We are pleased to welcome Barry to Founders' Board of Directors. His extensive experience in finance and corporate governance will be invaluable as we continue to grow."
Mr. Macdonald is a Fellow of the Chartered Professional Accountants of British Columbia and retired Partner at PwC with over 40 years of experience in strategic governance, international tax, mergers and acquisitions, and corporate finance. He is the current Board Chair of the Simon Fraser University UniverCity Real Estate Trust, and Truvera Trust & Mortgage Corporation. Mr. Macdonald was the 2018/19 Chair of the Board of the Chartered Professional Accountants of B.C. where he led its board of 17 Directors governing 35,000 members. He is currently on the B.C. Executive of the Institute of Corporate Directors.
The Company also announces the results from the Annual General Meeting ("AGM") held on April 8th, 2025, in Vancouver, British Columbia. Shareholders approved the election of all Directors and the new appointment of Barry Macdonald. The reappointment of MS Partners LLP as the Company's auditors and the stock option plan were also approved by shareholders. A total of 41,676,989 shares were voted, representing 41.94% of the Company's issued and outstanding common shares at the record date of the AGM. The following table provides detailed results of the voting.
Table 1: Voting Results for Election of Directors
| Nominee | Votes For | Votes Withheld | Percentage For |
| Colin Padget | 41,676,356 | 633 | 99.99% |
| Barry Macdonald | 41,676,356 | 633 | 99.99% |
| Nicholas Stajduhar | 38,696,953 | 2,980,036 | 92.85% |
| Kevin Vienneau | 41,174,956 | 502,033 | 98.79% |
| Christopher Taylor | 40,376,553 | 1,300,436 | 96.88% |
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 surface and alluvial mining to date1. The Company is fully financed for up to 60,000 metres of drilling in 2025.
1 2022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.
ON BEHALF OF THE BOARD OF DIRECTORS,