FireFly Metals Ltd. has announced the completion of its Charity Flow-Through Placement and the first tranche of its Institutional Placement as part of an equity raising initiative. The equity raising, announced in early June 2025, includes a A$11.2 million charity flow-through placement to Canadian investors, priced at approximately A$1.49 per share, and a A$54.9 million two-tranche institutional placement at A$0.96 per share. Additionally, there is a A$28.8 million fully underwritten Canadian bought deal offering with BMO Capital Markets. The timeline for the equity raising anticipates the issuance of new shares under the Canadian offering by June 20, 2025, with subsequent events including the close of the SPP offer and a general meeting to approve the issue of Tranche Two Placement Shares.