FireFly files Final Short Form Prospectus for Canadian Bought Deal Offering

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.