FIREFLY METALS LTD
ASX:FFMMaterialsToday’s holders own 95.1% of what they think they own, once every option and right converts.
Share count grew 81% in 24 months; 6 cash raises in 24 months; options/rights overhang 5% of shares
FIREFLY METALS LTD's ordinary share count increased 81.0% between June 2024 and September 2026, reaching 870M shares. Over the past 24 months, the company conducted six capital raises totalling A$490.0M, with the most recent being a Placement and Security Purchase Plan in August 2026. A total of 45M shares are covered by options, representing 5.2% of the current share count, with the nearest expiry in June 2027; none of these options are currently in the money. As of the June 2026 quarter, FIREFLY METALS LTD held A$346.7M in cash, providing approximately 15.9 quarters of funding coverage. There is one proposed securities issue pending, with an expected date in September 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 9 Sept 2026 | 3H · cancellation | FFM : ORDINARY FULLY PAID | 869.9M | Appendix 3H |
| 3 Sept 2026 | 2A · quoted issue | FFM : ORDINARY FULLY PAID | 869.9M | Appendix 2A |
| 1 Sept 2026 | 2A · quoted issue | FFM : ORDINARY FULLY PAID | 853.1M | Appendix 2A |
| 30 June 2026 | 3H · cancellation | FFM : ORDINARY FULLY PAID | 768.8M | Appendix 3H |
| 3 Mar 2026 | 2A · quoted issue | FFM : ORDINARY FULLY PAID | 768.8M | Appendix 2A |
Capital raises
6 cash raises in the last 24 months · 2 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 45.0M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| FFMAI | Performance rights | Condition-triggered | — | 22 June 2027 | 117k | Filing |
| FFMAH | Performance rights | Condition-triggered | — | — | 44.9M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 18 Feb 2026 | Leanne Heywood | Buy on-market | 20k | — | — | $36k | 3Y notice |
| 10 Feb 2026 | Michael Dylan Naylor | Sell incentive | — | — | 859k | — | 3Y notice |
| 10 Feb 2026 | Stephen Parsons | Sell incentive | — | — | 280k | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.