Firefly Doubles Share Purchase Plan to A$10M in Response to Strong Demand

Date:

Successful completion of the Equity Raising and the SPP will see FireFly emerge with ~A$145M(1) cash and liquid investment position to drive eight-rig drilling strategy and mining studies

July 10, 2025 8:12 PM EDT | Source: FireFly Metals Ltd.

Perth, Western Australia–(Newsfile Corp. – July 10, 2025) – FireFly Metals Ltd (ASX: FFM) (TSX: FFM) (Company or FireFly) is pleased to advise that it has doubled the size of its recently-announced share purchase plan (SPP) to A$10 million, in accordance with the terms of the SPP Offer Document released to ASX on 16 June 2025.

The decision followed extremely strong demand for the SPP and reflects the Company’s commitment to its supportive retail shareholders.

Applications under the SPP, which closed at 5.00pm (AWST) on Monday, 7 July 2025 (Closing Date), totalled approximately A$28.2 million, and greatly exceeded the original A$5 million target announced on 5 June 2025.

The SPP was…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...