FireFly Metals Raises $139 Million in Private Share Placement

Reuters
Dec 17, 2025
FireFly Metals Raises $139 Million in Private Share Placement

FireFly Metals Ltd. has announced the completion of a Canadian bought deal offering, raising approximately C$34.5 million (~A$37.7 million) at a price of C$1.56 per share. Additionally, the company completed a charity flow-through placement to Canadian investors for approximately A$16.4 million (C$15.0 million) at around A$2.09 per share. The total gross proceeds from the equity raising amount to approximately A$139 million (~C$127.3 million) before costs. The Canadian offering was underwritten by a syndicate led by BMO Capital Markets, with RBC Capital Markets and Canaccord Genuity Corp. also participating as underwriters. The underwriters exercised their full 15% over-allotment option, resulting in the issue and sale of 22,115,385 ordinary shares.

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 GlobeNewswire (Ref. ID: GNW9603693-en) on December 17, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10