Core Viewpoint - FireFly Metals Ltd has announced agreements for two significant capital raising initiatives, the Canadian Offering and the Australian Offering, aimed at funding the Green Bay Copper-Gold Project in Newfoundland, Canada. Group 1: Canadian Offering - FireFly has entered into an agreement with BMO Capital Markets to purchase 30,000,000 ordinary shares at C$0.86 (A$0.96) per share, generating gross proceeds of C$25.8 million (approximately A$28.8 million) [1] - An option has been granted to BMO Capital Markets to purchase an additional 10% of the offering for overallotments and market stabilization purposes [1] - The Canadian Offering is expected to close around June 20, 2025, pending necessary regulatory approvals [2] Group 2: Australian Offering - Concurrently, FireFly has an agreement with Canaccord Genuity to raise approximately A$46.0 million through an Australian Offering, which includes a charity flow-through placement of A$11.2 million and an institutional placement of A$29.9 million [3] - A retail share purchase plan (SPP) of up to A$5 million will also be undertaken, with the potential for oversubscriptions [3] - The Flow-Through and Placement are expected to close around June 13, 2025, with the SPP to follow [3] Group 3: Use of Proceeds - The net proceeds from both offerings will primarily fund expenditures at the Green Bay Copper-Gold Project, including underground development, resource extension, infill drilling, and exploration [4] - Additional funds will cover transaction costs and working capital [4] Group 4: Company Overview - FireFly Metals Ltd is focused on advancing the Green Bay Copper-Gold Project, which includes the Ming underground mine and Little Deer exploration project [6] - The project currently hosts a Mineral Resource of 24.4 million tonnes (Mt) of Measured and Indicated Resources at 1.9% for 460,000 tonnes (Kt) CuEq and 34.5 Mt of Inferred Resources at 2% for 690 Kt CuEq [6] - The company aims to grow its copper-gold Mineral Resource significantly, supported by a 130,000-meter diamond drilling program [6] Group 5: Additional Projects - FireFly holds a 70% interest in the Pickle Crow Gold Project, with an Inferred Resource of 11.9 Mt at 7.2 g/t for 2.8 million ounces (Moz) of gold [7] - The company also has a 90% interest in the Limestone Well Vanadium-Titanium Project in Western Australia [7]