Publishers

Need unique free news content for your site customized to your audience?

Let's Discuss

PRESS RELEASE
By: News Direct
March 28, 2024

Curated TLDR

FireFly Metals raises $52 million; secures port access agreement

--News Direct--

Firefly Metals Ltd managing director Steve Parsons joins Jonathan Jackson in the Proactive studio to discuss the recently announced A$52 million placement, a move that Parsons says will primarily fund the advancement of the Green Bay Copper Project.

Additionally, Firefly Metals has secured a Port Access agreement, enhancing the logistical framework for the Green Bay project. This agreement is pivotal in facilitating the export and transportation of copper.

The company has also acquired an 8.4% non-diluted stake in Maritime Resources Corp., the owner of the Point Rousse Project. This strategic investment is part of Firefly's broader plan to establish Green Bay as a world-scale copper project, focusing on both resource expansion and production capabilities.

Looking ahead, Parsons outlines the company’s exploration priorities at Green Bay, with the next six months set to be a period of intense activity and development as the company drives forward with its strategic vision.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/firefly-metals-raises-52-million-secures-port-access-agreement-123419960

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This press release is distributed by News Direct. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is FireFly Metals raises $52 million; secures port access agreement.

{site_meta && site_meta.display_name} Logo

News Direct

The News Direct platform offers a unique blend of technology and customization. Dive into a world of intuitive design, featuring compelling visuals, interactive elements, and seamless navigation.