$FFM.TO

FireFly Metals Announces OTC Markets Ticker Symbol Change to FFMFF

FireFly Metals' (FFM.TO) OTC Markets ticker symbol will change from MNXMF to FFMFF, effective from June 9, 2026, the company said late Monday.Ordinary shares in FireFly will continue to trade on the ASX and TSX under the symbol FFM, said the company and added that the ticker symbol change does not affect the company's operations, share capital, CUSIP, ISIN, or the rights of shareholders."The new OTC ticker symbol more closely aligns with the Company's ASX and TSX trading symbol, FFM, providing greater consistency across the markets on which FireFly's shares are traded and improving visibility for U.S.-based investors," it added.

Firefly Metals Highlights ATO Ruling on FireFly's in-Specie Distribution of Bellavista Shares

Firefly Metals (FFM.TO) said Wednesday that an Australian Tax Office (ATO) ruling confirms that certain shareholders who held Firefly shares on capital account will not be assessed for taxation purposes.The in-specie distribution involved the transfer of 60 million ordinary shares in Bellavista Resources to Firefly shareholders on May 1. The distribution arose from Firefly's sale of Pickle Crow and Sioux Lookout Projects in Ontario to Bellavista earlier this year.The ATO Class Ruling applies to certain classes of FireFly shareholders, including those who, on the record date of May 4, held their FireFly shares on capital account and were not 'temporary residents' of Australia on the payment date, a statement said.The ruling confirms that the in-specie distribution was a return of FireFly's share capital of $0.045 per share, a capital return, and not a taxable dividend. The ATO has also confirmed that anti-avoidance provisions will not be applied to treat any part of the capital return as an unfranked dividend.Firefly Metals closed up $0.18, to $2.28 on Tuesday on the Toronto Stock Exchange.

FireFly Metals Provides "Outstanding" Drill Results from Green Bay Project

FireFly Metals (FFM.TO) outlined "outstanding" drill results from the Green Bay copper-gold project in Newfoundland and Labrador, as part of the company's quarterly activities report released late Wednesday.Highlights include 70.8 meters at 4.0% copper equivalent and 53.3 meters at 4.1% copper equivalent.The results are expected to drive an upcoming resource update in June. A preliminary economic assessment/scoping study is on track for completion in mid-2026, FireFly said.The current resource estimate for the projects outlines 50.4 million tonnes grading 2.0% copper equivalent in the measured and indicated categories, plus 29.3 million tonnes at 2.5% copper equivalent in the inferred category.FireFly has completed about 174,000 meters of underground diamond core drilling at the Ming Mine, the project's flagship deposit, since acquiring the property in October 2023.

First Mining Gold Reduces Stake in Pickle Crow Project in Ontario

First Mining Gold (FF.TO)'s interest in the Pickle Crow gold project in Ontario dropped to 20% from 30% after Bellavista Resources closed the acquisition of a stake in the project, it said Wednesday.Bellavista acquired the stake in PC Gold, the entity that holds the project, from FireFly Metals (FFM.TO).Bellavista has exercised its buy-down right at the project, paying C$3 million to First Mining to reduce First Mining's ownership in PC Gold from 30% to 20%.First Mining's interest in PC Gold is free carried to a decision to mine at Pickle Crow, the company said.Shares in FF edged down in Canada yesterday.

First Mining Providing Update At Pickle Crow Gold Project

FireFly Metals Completes Sale of Ontario Gold Assets to Bellavista Resources

FireFly Metals (FFM.TO) has completed a sale of certain Ontario gold assets to Bellavista Resources, the company said Wednesday.Under the share sale and purchase deed, FireFly sold its interests in the tenements comprising the Pickle Crow project and Sioux Lookout project through a sale of all the issued share capital in Auteco Minerals (Canada) to Bellavista. The sale assets comprise FireFly's 70% interest in Pickle Crow and 100% of Sioux Lookout.FireFly also assigned its rights and interests in certain intercompany loans receivable due by Auteco Minerals to Bellavista.Total upfront consideration was 60 million Bellavista shares and contingent consideration was 50 million Bellavista performance rights.The in-specie distribution to FireFly shareholders of record as of the record date of May 4 will occur on May 11. FireFly shareholders are expected to receive one Bellavista share for every 12.8 FireFly shares held.

FireFly Metals' Shareholders Approve Sale of Ontario Gold Assets

FireFly Metals (FFM.TO) and Bellavista Resources (ASX: BVR) obtained all necessary shareholder approvals for the sale of FireFly's Ontario gold assets to Bellavista, it said Thursday.All conditions precedent have been satisfied or waived, and completion of the deal is expected to occur on April 29.The sale assets comprise FireFly's 70% interest in the Pickle Crow project and 100% of the Sioux Lookout project. The total scrip consideration is 60-million Bellavista shares and contingent consideration of 50-million Bellavista performance rights, it said.FireFly shareholders are expected to receive one Bellavista share for about every 12.8 FireFly shares held. The company intends to retain the contingent consideration performance rights and accordingly, these will not be distributed to FireFly shareholders under the in-specie distribution.Shares of the company closed up 0.5% to $2.07 on Thursday on the Toronto Stock Exchange.