FFR 0.00% 4.9¢ firefly resources limited

could be worth a little look in

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    Sydney - Thursday - February 28: (RWE Aust Business News) -
    Brumby Resources (ASX:BMY) will make an underwritten 1-for-2 pro-rata
    non-renounceable entitlements issue to raise $2.57m.
    The funds will be used to underpin an aggressive exploration
    program in 2008.
    The issue is offered to shareholders at an issue price of 14c and
    one quoted option, exercisable at 15c each with January 31 2010 expiry,
    will be granted for every share issued

    Sydney - Friday - February 15: (RWE Australian Business News) -
    Diversified explorer Brumby Resources Ltd (ASX:BMY) has completed an
    agreement with its joint venture partners, Independence Group NL
    (ASX:IGO) and Western Australian Resources Ltd, to purchase the iron ore
    rights to the Goldsworthy Project, located 70km east of Port Hedland in
    the world-class East Pilbara Region of Western Australia.
    The Goldsworthy Project comprises two granted Exploration
    Licences, E45/2538 and E45/2539, covering an area of 450 sq km, and is
    located close to quality infrastructure including major roads, rail
    lines and port facilities.
    It complements Brumby's other large strategic land holdings in
    the area including its nearby Pardoo East Iron Ore Project.
    The acquisition - which will result in Independence Group
    becoming Brumby's largest shareholder with an 11pc stake - follows
    encouraging results received from a first-pass Reverse Circulation (RC)
    drilling program completed by Brumby on the Goldsworthy Project.
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