Vijay Kirpalani, director of Founders Metals Inc. (TSXV:FDR), bought 70,000 Common Shares on the open market at an average of US$4.12, a US$288K purchase (about C$405K) between Sep 1, 2026 and Sep 16, 2026, disclosed Sep 21, 2026.
The filing does not state its currency correctly; the price matches the stock's US-dollar trading, so it is reported in US$. The purchase increased the direct holding by about 10%. Kirpalani now holds 760,000 shares directly, worth about C$5.1M at the Sep 21, 2026 close. Kirpalani also reports shares through one other account, not included here. One other insider at the company also bought in the 7 days to Sep 21, 2026.
FDR closed at C$6.70 on Sep 21, 2026, up 73% over the prior three months. In the 52 weeks to that date it closed between C$3.30 and C$6.70, and that close was within 1% of the high.