FireFly Metals (ASX:FFM) increased the size of its share purchase plan to AU$8 million from AU$5 million due to strong demand, according to a Friday filing with the Australian bourse.
Applications received totaled roughly AU$27.7 million, leading to a scale-back, the filing said.
The company issued about 8.4 million new fully paid ordinary shares today. Shares will begin trading on Oct. 28, the filing added.
FireFly Metals' combined funds raised from the share purchase plan and the completed placement now total AU$73 million, which will be used to support exploration and development activities Green Bay copper-gold project in Canada, as per the filing.
The mineral explorer's shares were up 3% in recent trade.
Price (AUD): $1.09, Change: $+0.035, Percent Change: +3.32%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。