FireFly Metals Completes Acquisition Payment for Green Bay Project

FireFly Metals ( (AU:FFM) ) just unveiled an announcement.

FireFly Metals Limited has completed the full payment for its acquisition of the Rambler Group, which includes a 100% interest in the Green Bay Copper-Gold Project in Newfoundland, Canada. The payment included a deferred consideration of A$7.5 million in cash and shares, with the issuance of 9,778,357 ordinary shares. This acquisition solidifies FireFly’s position in the copper-gold mining sector and enhances its strategic asset portfolio.

More about FireFly Metals

FireFly Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in copper and gold mining projects, with a significant market focus on expanding its asset base in strategic locations such as Newfoundland, Canada.

YTD Price Performance: -7.72%

Average Trading Volume: 63,554

Technical Sentiment Signal: Buy

Current Market Cap: $294.4M

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