04/09/2026
FireFly Metals is pleased to announce that it has completed the equity raising announced on 25 and 26 August 2026, generating gross proceeds of ~A$180 million, comprising the following:
✅A$150 million (~C$149.0 million) institutional placement at a price of A$1.78 per share (ASX
Placement), which completed on 2 September 2026;
✅A$30 million (~C$29.6 million) bought deal offering at a price of C$1.76 per share (TSX
Bought Deal), which completed on 3 September 2026.
In addition to the Equity Raising, FireFly intends to offer to eligible shareholders who were registered as a holder of Ordinary Shares as at 5:00pm (AWST) on 24 August 2026 the opportunity to participate in a non-underwritten share purchase plan and subscribe for a maximum of A$30,000 worth of new fully paid Ordinary Shares in the capital of FireFly at an issue price per SPP Share of A$1.78, being the same price per Ordinary Share as the ASX Placement. The SPP is targeted to raise up to a further A$10 million (before costs).
Full details available in todays announcement: https://loom.ly/pLJD1HM