FireFly Metals sells Ontario gold assets to focus on Green Bay project
FireFly Metals has sold its Ontario gold assets to Bellavista Resources, allowing the company to focus on its Green Bay copper-gold project in Newfoundland. The transaction involves 60 million Bellavista shares and contingent consideration, with shares to be distributed to FireFly shareholders. The move is expected to streamline FireFly's operations and concentrate resources on Green Bay.
Topics: asset sale copper-gold project mining industry portfolio simplification strategic focus