FireFly Metals Ltd. — Audit Report / Information 2024

Jun 17, 2025

EY

Shape the future with confidence

Ernst & Young
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Perth WA 6000 Australia
GPO Box M939 Perth WA 6843

Tel: +61 8 9429 2222
Fax: +61 8 9429 2436
ey.com/au

17 June 2025

Ontario Securities Commission
Alberta Securities Commission
British Columbia Securities Commission
Manitoba Securities Commission
Financial and Consumer Services Commission (New Brunswick)
Office of the Superintendent of Securities Service Newfoundland and Labrador
Nova Scotia Securities Commission
Office of the Superintendent of Securities (Prince Edward Island)
Financial and Consumer Affairs Authority of Saskatchewan

Dear Sirs / Mesdames:

Re: FireFly Metals Ltd

We refer to the Short Term Prospectus of FireFly Metals Ltd (the "Company") dated 17 June 2025 relating to the sale and distribution of 30,000,000 Ordinary Shares in capital of the Company (the "Prospectus").

We consent to being named and to the use, through incorporation by reference in the Prospectus, of our report dated 5 September 2024 on the following consolidated financial statements:

• Statements of financial position of the Company as at 30 June 2024;
• Statements of comprehensive income, changes in equity and cash flows of the Company for the year ended 30 June 2024, and notes to the financial statements, including material accounting policy information.

We report that we have read the Prospectus and all information specifically incorporated by reference therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audit of such financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the Prospectus as these terms are described in the CPA Canada Handbook – Assurance.

Yours faithfully

A member firm of Ernst & Young Global Limited
Liability limited by a scheme approved under Professional Standards Legislation