middle.news

FireFly Metals Secures A$139M to Accelerate Green Bay Copper-Gold Growth

8:29am on Thursday 18th of December, 2025 AEDT Mining
Read Story

FireFly Metals Secures A$139M to Accelerate Green Bay Copper-Gold Growth

8:29am on Thursday 18th of December, 2025 AEDT
Key Points
  • Completed A$139 million equity raising via institutional placement, Canadian bought deal, and charity flow-through placement
  • Pro-forma cash balance boosted to approximately A$237 million before transaction costs
  • Oversubscribed Share Purchase Plan closed early, targeting A$5 million but exceeding demand
  • Equity raising underwritten by major financial institutions including BMO Capital Markets and RBC Capital Markets
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Firefly Metals (ASX:FFM)
OPEN ARTICLE