Firefly Metals Ltd. has successfully completed a Canadian bought deal offering, raising gross proceeds of approximately C$28.4 million (~A$32 million) through the sale of 33,000,000 ordinary shares at a price of C$0.86 per share. This offering was led by BMO Capital Markets as the sole underwriter and bookrunner, and included the full exercise of its over-allotment option. The Canadian offering is part of a larger equity raising initiative by the company, bringing current gross proceeds to approximately A$70.1 million (~C$62.3 million). Legal advisories for the offering were provided by Osler, Hoskin & Harcourt LLP in Canada and Hamilton Locke in Australia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firefly Metals Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 256237) on June 20, 2025, and is solely responsible for the information contained therein.