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Gold 3,881.60 −0.1% Silver 48.81 −2.5% Copper 6.07 −2.0% Oil 88.79 +0.1% Palladium 999.75 +0.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.85 −2.0% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.50 −2.6% OBUL 0.345 +0.0% MKO 10.52 −2.8% SGML 7.39 +4.4% Gold 3,881.60 −0.1% Silver 48.81 −2.5% Copper 6.07 −2.0% Oil 88.79 +0.1% Palladium 999.75 +0.8% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.85 −2.0% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.50 −2.6% OBUL 0.345 +0.0% MKO 10.52 −2.8% SGML 7.39 +4.4%
Financings

FireFly files Final Short Form Prospectus for Canadian Bought Deal Offering

By The Northwire Desk — AI Analysis Dec 12, 2025 · 16:11 FFM · 1.78 FireFly Metals Ltd.
FFM · Price

Executive Summary

  • FireFly Metals Ltd filed a final short‑form prospectus to issue 19,230,770 ordinary shares at C$1.56 per share, plus an over‑allotment option for 2,884,615 additional shares.
  • The offering is expected to close on or about 17 December 2025, subject to customary closing conditions.
  • Proceeds will be used to fund the Company’s development programs for its Green Bay Copper‑Gold Project and other strategic initiatives.

Key Details

  • Offered Shares: 19,230,770 ordinary shares at C$1.56 per share.
  • Over‑allotment Option: Up to 2,884,615 additional ordinary shares at the same price.
  • Total Potential Shares Issued: 22,115,385 ordinary shares.
  • Offering Price: C$1.56 per share (≈ US$ 1.15 per share at prevailing FX).
  • Expected Closing Date: On or about 17 December 2025, subject to customary conditions.
  • Use of Proceeds: To finance exploration and development of the Green Bay Copper‑Gold Project, advance other corporate projects, and provide working capital.
  • Regulatory Filings: Final short‑form prospectus filed on 12 December 2025; accessible via SEDAR+ (www.sedarplus.ca).
  • Distribution Mechanics: Shares to be distributed by BMO Nesbitt Burns Inc.; copies of the prospectus available free of charge upon request.
  • Compliance Statements: Announcement lodged with ASX outside normal hours per Listing Rule 15.7.1; also filed in Canada on SEDAR+.

Notable Quotes

  • “The successful completion of this bought‑deal offering provides us with the capital needed to accelerate growth at Green Bay and advance our strategic objectives,” – Steve Parsons, Managing Director, FireFly Metals Ltd.
Read the original news release →

More from FireFly Metals Ltd.

Nov 08, 2026 · 17:46

High-grade Ming extensions support FireFly’s DFS, though tonnage figures remain pending.

Drill Results Oct 28, 2026 · 20:03

FireFly’s Green Bay project confirms an A$2.2 billion NPV and a closed A$180 million raise, with a definitive feasibility study scheduled for Q1 2027.

Resource Estimate Oct 26, 2026 · 18:52

FireFly expands the Mount Joy district-scale system, adding a new mineralised zone distinct from the existing Ming-grade deposit.

Drill Results Sep 29, 2026 · 19:10

FireFly closes a A$5M retail plan to secure A$185M for the Green Bay development.

Financings Sep 22, 2026 · 19:27

FireFly’s NI 43-101 filing confirms unchanged PEA NPV following immaterial capital expenditure tweaks to the project’s financial model.

Resource Estimate Sep 03, 2026 · 08:23

FireFly raises A$180m to fast-track feasibility and underground development at its Green Bay copper project.

Financings