Successful completion of the Equity Raising and the SPP will see FireFly emerge with ~A$145M cash and liquid investment position to drive eight-rig drilling strategy and mining studies FireFly Metals Ltd. is pleased to advise that it has doubled the size of its recently-announced share purchase plan to A$10 million, in accordance with the terms of the SPP Offer Document released to ASX on 16 June 2025. The decision [...]
Current gross proceeds of Equity Raising equal ~A$70.1M FireFly Metals Ltd. is pleased to announce that it has completed the sale of 33,000,000 ordinary shares of the Company at a price of C$0.86 per Offered Share , pursuant to the bought deal offering previously announced on 5 and 10 June 2025 , for gross proceeds of C$28.4 million . The Canadian Offering was led by BMO Capital Markets, as sole underwriter and [...]
FireFly Metals is pleased to announce that, in connection with its bought deal offering previously announced on 5 and 10 June 2025, it has filed a final short form prospectus dated 17 June 2025 to qualify the distribution of 30,000,000 ordinary shares of the Company at a price of C$0.86 per Offered Share on the Toronto Stock Exchange, and an additional 3,000,000 Offered Shares at the Offering Price pursuant to an [...]
FireFly Metals is pleased to announce that it has completed the Charity Flow-Through Placement and tranche one of the Institutional Placement of the Equity Raising announced by the Company on 5 and 10 June 2025. Equity Raising Details As announced on 10 June 2025, the equity raising comprises three parts : ~A$11.2 million charity flow-through placement to Canadian investors priced at approximately A$1.49 per New Share [...]
Proceeds from the raising to be used to accelerate exploration campaign with seven rigs to drive rapid value by increasing and upgrading the Mineral Resource while conducting mining studies FireFly has received firm commitments totalling approximately A$95m via a charity flow-through offering, two-tranche institutional placement, and Canadian bought deal financing FireFly also intends to undertake a non-underwritten Share [...]
FireFly Metals has announced today that it has entered into an agreement with BMO Capital Markets, pursuant to which BMO Capital Markets has agreed to purchase, on a bought deal basis, 30,000,000 ordinary shares of the Company at a price of C$0.86 per Ordinary Share for gross proceeds of C$25.8 1 million The Company has also granted BMO Capital Markets an option, exercisable at the offering price for a period of 30 days [...]
FireFly's first drilling in new area hits high-grade VMS mineralisation The exceptional results highlight potential for a repeat of the Green Bay Project's high grade large scale flagship Ming Mine KEY POINTS FireFly's maiden drilling program at the historical Rambler Main Mine within Green Bay has returned high-grade gold-copper-zinc intersections Initial drilling targeted down-plunge extensions, with the first two drill [...]
Drilling hits extensive copper and gold outside Mineral Resource Plus, strong EM results highlight potential for significant mineralisation well beyond current drilling KEY POINTS "We are about to add a seventh rig because we have so many opportunities to pursue. There are very few projects which could justify such an aggressive drilling campaign but we have more than enough avenues of growth to warrant this." - Steve [...]
FireFly Metals is pleased to advise that it has appointed experienced investor relations executive and professional engineer Jessie Liu-Ernsting as Chief Corporate Development Officer. Ms Liu-Ernsting will be primarily responsible for strategic and corporate development and investor relations and will commence in her new role mid to late May 2025. Her appointment builds on FireFly's recent dual listing on the Toronto [...]
FireFly Metals is pleased to advise that it has now paid in full the aggregate consideration for the acquisition of Rambler Metals and Mining Canada Limited and 1948565 Ontario Inc. and, through the Rambler Group, a 100% interest in the Green Bay Copper-Gold Project located on the Baie Verte peninsula of north-east Newfoundland, Canada . As announced in its ASX announcement on 20 October 2023, the Company has previously [...]
Highly successful drilling campaign paves way for upgrades of Inferred Resources to Measured & Indicated Resources, which typically attract significantly higher comparative valuations KEY POINTS FireFly continues to generate strong infill drilling results as part of its multi-pronged strategy to create significant shareholder value over 2025 The Infill drilling program is a key plank of this growth strategy; It is aimed [...]
Aggressive drilling campaign aims to extend known mineralisation, unlock full value by upgrading Inferred Resources to Measured & Indicated and test new targets KEY POINTS FireFly's six-rig drilling campaign at Green Bay continues to generate extremely high-grade results The latest results support the strategy to create value by extending the known mineralisation, upgrading Inferred Resources to the more valuable Measured [...]