Founders Metals Upcoming Shareholders Meeting

Edmonton, Alberta--(Newsfile Corp. - April 16, 2021) - Founders Metal Inc (TSXV: FDR) (the "Company") (formerly, Avalon Works Inc.) wishes to remind its shareholders of its upcoming annual general and special shareholders meeting (the "Meeting") on Friday April 30, 2021 at 10:00 am Pacific Standard Time at Suite 700 - 595 Burrard Street, Vancouver, British Columbia. We confirm the record date for the Meeting is March 26, 2021 (not to be confused with a previously disclosed date of March 29, 2021), so all persons who are registered shareholders as of the close of business on March 26, 2021 will be entitled to receive notice of, attend and vote at the Meeting. We wish to remind attendees that the Meeting will be held pursuant to COVID-19 health orders currently in place at the time of the meeting and attendees will be required to follow health protocols accordingly.

About Founders Metals Inc.

Founders Metals Inc. is a Canadian mineral exploration company focused on the acquisition and development of exploration projects of significant scale and is currently actively developing the Elmtree Gold Project in New Brunswick. Management has a substantial record of success in capitalizing on opportunity, overcoming challenges, and building shareholder value.

Founders is part of the Metals Group of companies, managed by an award-winning team of professionals who stand for technical excellence, painstaking project selection and uncompromising corporate governance, with a proven ability to capitalize on investment opportunities and deliver shareholder returns.


/s/ "John Williamson"
President & CEO

For further information, please contact:
Nick Stajduhar, Director

Tel: (780) 701-3216

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the (TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

To view the source version of this press release, please visit