Companies / FFM

FIREFLY METALS LTD

ASX:FFMMaterials
768.8M shares on issueASX (delayed) · as of 28 July 2026$1.75price · delayed$1.27Bmarket cap · indicative
C
Dilution grade

Share count grew 60% in 24 months; 4 cash raises in 24 months; options/rights overhang 6% of shares

Cash runway8.3 quarters of funding
Share-count growth (24m)59.9%
Raise cadence (24m)4 cash raises
Options & rights overhang5.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

FIREFLY METALS LTD's ordinary share count grew 59.9% between June 2024 and March 2026, to 769M shares. The company raised capital four times in that period for total proceeds of A$424.9M, most recently A$149.0M in December 2025. Options and rights on issue could convert into 45M new shares, equal to 5.9% of the current share count, with 0% in the money and the nearest expiry in June 2027. At the June 2026 quarter the company reported A$177.6M in available cash, about 8.3 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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5.9%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
8.3 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 768.8M per ASX (delayed) (28 July 2026).
606.9M666.3M725.7MDec 24Sept 25July 26Cash raise · 1 Dec 2025Cash raise · 10 June 2025Cash raise · 4 June 2025

Cash runway

8.3 qtrs
More than four quarters of funding at the recent spend rate.
$177.6M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
30 June 20263H · cancellationFFM : ORDINARY FULLY PAID768.8MAppendix 3H
3 Mar 20262A · quoted issueFFM : ORDINARY FULLY PAID768.8MAppendix 2A
10 Feb 20263H · cancellationFFM : ORDINARY FULLY PAID768.5MAppendix 3H
10 Feb 20262A · quoted issueFFM : ORDINARY FULLY PAID768.5MAppendix 2A
2 Jan 20262A · quoted issueFFM : ORDINARY FULLY PAID768.5MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

4 cash raises in the last 24 months · 1 in the last 12 months

$149.0M
Capital raise
1 Dec 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

5.9%
Total overhang · of current shares
0.0%
In the money · at current price
45.1M
Potential new shares
June 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
18 Feb 2026Leanne HeywoodBuy20k—$36k3Y notice
10 Feb 2026Stephen ParsonsSell———3Y notice
10 Feb 2026Michael Dylan NaylorSell———3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

27 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
23 July 2026Change in substantial holding
8 July 2026Change in substantial holding
1 July 2026$PResults show continuity of high-grade copper core zone
30 June 2026Notification of cessation of securities - FFM
24 June 2026Becoming a substantial holder
23 June 2026Change in substantial holding
8 June 2026FireFly Changes OTC Markets Ticker Symbol to FFMFF
3 June 2026ATO Class Ruling for FireFly's distribution of BVR shares
28 May 2026Change in substantial holding
26 May 2026Change in substantial holding
11 May 2026Notification of Return of Capital by In Specie Distribution
11 May 2026FireFly completes in-specie distribution of BVR shares
5 May 2026Notification of Return of Capital by In Specie Distribution
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Notification of return of capital by in-specie distribution
29 Apr 2026$PFireFly sale of Ontario gold assets completes
23 Apr 2026Conditions satisfied or waived for sale of Ontario assets
22 Apr 2026Results of Meeting
10 Apr 2026Change in substantial holding

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.