Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

FireFly Metals Gets Approval to Dual List on Toronto Stock Exchange

by admin December 14, 2024
December 14, 2024
FireFly Metals Gets Approval to Dual List on Toronto Stock Exchange

FireFly Metals (ASX:FFM,OTC Pink:MNXMF) announced plans to dual list on Wednesday (December 11) after receiving conditional approval to trade on the main board of the Toronto Stock Exchange (TSX).

It will use the symbol FFM, the same symbol it uses on the Australian Securities Exchange (ASX).

The copper- and gold-focused company is set to debut on the TSX on December 16.

“(This) is a compliance listing only and will not be accompanied by a capital raising,” the company said, adding that it had AU$88 million in cash as of the end of October and is capable of fully funding its 2025 growth strategy.

FireFly is currently focused on growing the resource at its flagship Green Bay copper-gold project. It said in October that it is working toward the next resource update at the site, and expects it to come in the first half of 2025.

Green Bay is located in the Baie Verte district of Northeast Newfoundland, Canada, which is among the top 10 global mining investment jurisdictions, according to a 2023 Fraser Institute survey.

The project’s resource currently measures 460,000 tonnes at 1.9 percent copper equivalent within the measured and indicated categories, and 690,000 tonnes at 2 percent copper equivalent within the inferred category.

“Having established Green Bay as a high-grade, world-scale copper project, we believe the TSX listing will help the company capitalise on the strong interest among North American investors,” said Managing Director Steve Parsons.

Two of FireFly’s board members are already located in Toronto, and the company believes listing in Canada will help it attract local exploration and development talent.

According to FireFly, existing shareholders will be able to trade their shares on the TSX.

“(Shareholders will only need to) request to reposition their shares from the Australian principal share register to the Canadian branch share register and establish an account with an appropriate broker,” the company explained.

FireFly’s primary listing will remain on the ASX.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
PROSPECT RIDGE RESOURCES ADJOURNS ANNUAL GENERAL MEETING
next post
Silver47 Exploration Corp.Opens the Market

Related Posts

S&P Global: US Outpaced by Most Other Countries...

July 23, 2024

Russia Restricts US Uranium Exports, Retaliating to American...

November 19, 2024

Springdale Continues to Build with Further Spectacular Diamond...

October 3, 2024

First Helium Initiates Process to License & Drill...

November 25, 2024

Skyharbour Announces Closing of Private Placement for Gross...

December 21, 2024

Troy Minerals Announces Completion of $1.2 Million Private...

December 28, 2024

Crypto Market Recap: Bitcoin Price Nears All-time High,...

June 12, 2025

John Feneck: Key Gold, Silver Price Levels, 10+...

May 13, 2025

Trailbreaker Resources Announces Exchange Approval Of COHO Property...

June 7, 2025

Opawica Explorations Announces Non-Brokered Private Placement for Aggregate...

March 15, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • CDC official who blasted Trump’s ‘weak science’ led politicized Biden-era monkeypox response

      August 31, 2025
    • Epstein estate to hand over ‘birthday book’ to lawmakers, House Dem says

      August 31, 2025
    • Dyan Cannon denied White House entry after lying about her age on passport documents

      August 31, 2025
    • Israel eliminates Houthi prime minister in Yemen airstrike targeting senior government officials

      August 31, 2025
    • Sen. Bernie Sanders calls on RFK Jr. to resign following departure of CDC officials

      August 31, 2025

    Categories

    • Business (1,092)
    • Investing (2,943)
    • Politics (3,595)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved