Firefinch completes $47 million placement to support Morila Gold Mine ramp-up, Goulamina Lithium Project demerger Just days after announcing its multi-million-dollar equity raise, Firefinch has secured the funds to fast-track exploration at ‘Morila the Gorilla’ and spin out its West African lithium asset. Firefinch has secured $47 million in fresh funding to meet overheads across its gold and lithium assets. Firefinch Ltd (ASX:FFX) has completed its equity raising placement, bringing in $47 million to accelerate development at its Morila Gold Mine and progress the Goulamina Lithium Project demerger. The gold miner and lithium developer unveiled the placement last Thursday, announcing its intention to issue around 117 million new FFX shares at 40 cents apiece.