FireFly Metals Ltd has announced a significant equity raise through a bought deal financing in Canada and an equity raise in Australia, totaling approximately A$74.8 million. BMO Capital Markets has agreed to purchase 30 million ordinary shares of FireFly Metals at C$0.86 per share, aiming to raise C$25.8 million in Canada. Additionally, Canaccord Genuity will conduct an Australian offering to raise approximately A$46 million, comprising a charity flow-through placement and an institutional placement. The Canadian offering is expected to close around June 20, 2025, pending regulatory approvals, while the Australian offering, including a retail share purchase plan, is set to close around June 13, 2025.