FireFly Metals Raises C$34.5 Million in Canadian Private Placement

Reuters
Dec 30, 2025
FireFly Metals Raises C$34.5 Million in Canadian Private Placement

Firefly Metals Ltd. has announced the successful completion of a private placement and unregistered sale of shares, raising approximately C$34.5 million (~A$37.7 million) through a Canadian bought deal offering priced at C$1.56 per share. Additionally, the company completed a ~A$16.4 million (C$15.0 million) charity flow-through placement to Canadian investors at approximately A$2.09 per share. The proceeds will be used primarily to advance resource growth and development at Firefly’s Green Bay Copper Gold Project, including underground development, pre-construction works, mining studies, and working capital. The securities offered have not been registered under the US Securities Act and were not offered or sold in the United States.

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: GNW9617987-en) on December 29, 2025, and is solely responsible for the information contained therein.

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