Canada-focused FireFly Metals has announced A$52-million in funding to accelerate resource growth at its Green Bay copper and gold project, in Newfoundland.
The Australia-listed company last week unveiled a share placement of 81.5-million shares at A$0.64 each to institutional, professional and sophisticated investors.
“We decided to raise such a substantial sum in light of the exceptional drilling results we have been generating and the increasingly obvious scope to grow the resource quickly by extending the known mineralisation and testing the compelling targets nearby,” said MD…
