---
title: "Sale of Ontario gold assets completes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284526379.md"
description: "FireFly Metals Ltd has completed the sale of its Ontario gold assets, including a 70% interest in the Pickle Crow Project and 100% of the Sioux Lookout Project, to Bellavista Resources Ltd. The transaction involves 60 million Bellavista shares and 50 million performance rights as contingent consideration. Eligible FireFly shareholders will receive one Bellavista share for every 12.8 FireFly shares held, with the distribution expected on May 11, 2026. The effective date for the in-specie distribution is April 29, 2026, with key dates outlined for the transaction process."
datetime: "2026-04-29T08:31:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284526379.md)
  - [en](https://longbridge.com/en/news/284526379.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284526379.md)
generator: "portal-rs"
---

# Sale of Ontario gold assets completes

Shareholders of FireFly are set to receive 1 Bellavista share for every 12.8 FireFly shares they own through an in-specie distribution. This distribution will involve Bellavista shares issued to FireFly upon completion.

### Related Stocks

- [FFR.AU](https://longbridge.com/en/quote/FFR.AU.md)
- [FLY.US](https://longbridge.com/en/quote/FLY.US.md)

## Related News & Research

- [FireFly Metals completes in specie capital return via Bellavista share distribution](https://longbridge.com/en/news/284523954.md)
- [Silver Rockets to $67! Is $5,000 Gold Coming? Next Levels to Watch | Metals Minute Phil Streible](https://longbridge.com/en/news/296481443.md)
- [Gold Stocks For Inflation Hedging With Real Asset Exposure](https://longbridge.com/en/news/296732647.md)
- [Gold Blasts Past 200 DMA! Silver at $69, Can We Hit $5,000 This Week? | Metals Minute Phil Streible](https://longbridge.com/en/news/296778757.md)
- [Gold Could Hit $5000 by 2027 and These Gold Stocks Could Benefit](https://longbridge.com/en/news/296501209.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**