Gold and copper explorer FireFly Metals was in front of investors on Tuesday morning with a $52 million equity raise, Street Talk understands.Sources said the $247 million market cap company is seeking to raise fresh funds at a 10 per cent discount to its last traded price of 68¢.Canaccord Genuity is the global co-ordinator on the raise. It’s working with Bank of Montreal as joint lead managers and book runners. Brokers Argonaut, Euroz Hartleys, and Shaw and Partners are acting as co-managers.Sources said a large global institution has come in for 9.9 per cent of the raise. Existing investors will be invited to apply for shares
source: AFR
Ann: Trading Halt, page-5
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Last
$1.08 |
Change
0.010(0.94%) |
Mkt cap ! $592.3M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.13 | $1.07 | $3.726M | 3.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18009 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 1598 | 1 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| FFM (ASX) Chart |