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Brasnova Energy Materials Inc (BEM) Financings

TSXV: BEM · Unspecified · Exploration stage

Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value.

Brasnova Energy Materials Inc financial statements

Key figures read from 37 of 39 financial statement filings, Nov 29, 2016 to Aug 26, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$2,755C$1,449C$65,732C$23,241C$247,754
Short-term investmentsC$4,000C$2,500C$1,000C$2,000C$5,000
Total current assetsC$16,755*—C$324,652*C$112,741*C$427,754*
Total current liabilities——C$2,781,390C$2,561,637C$1,731,600
Working capital——(C$2,456,738)(C$2,448,896)(C$1,303,846)
Exploration and evaluation assetsC$78,678C$0C$216,443C$214,531C$199,350
Total assetsC$95,433C$21,446C$541,095C$327,272C$627,104
DebtC$1,613,544C$1,582,429C$1,160,009C$1,088,247C$925,740
Total liabilitiesC$4,183,274C$3,388,851—C$2,561,637C$2,049,386
Shareholders' equity(C$4,087,841)(C$3,367,405)———

* Calculated from the statement's own lines: the company did not print this total with a label.

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Exploration and evaluation expenseC$749,216C$468,116C$336,725C$90,000C$100,500
General and administrativeC$364,326C$435,651C$482,245C$578,926C$525,608
Share-based compensationC$311,634C$81,734C$0C$459,600C$607,000
Net income (loss)(C$1,764,121)(C$2,133,336)(C$1,354,169)(C$13,650)(C$1,296,518)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$632,067)(C$933,879)(C$924,099)(C$538,034)(C$1,118,303)
Investing cash flow(C$78,792)(C$81,945)(C$216,443)(C$831)(C$38,200)
Financing cash flowC$729,650C$950,317C$1,183,033C$314,352C$1,401,843
Exploration spending (capitalized)(C$78,792)(C$81,945)(C$216,443)(C$831)(C$38,200)
Proceeds from share issuesC$749,650C$700,317C$1,149,233C$468,525C$1,570,093
Change in cashC$1,306(C$64,283)C$42,491(C$224,513)C$245,340
Cash at end of period——C$65,732C$23,241C$247,754

Brasnova Energy Materials Inc financings

6 financings announced or closed by Brasnova Energy Materials Inc, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-01-30Brasnova Energy Materials Inc (BEM)Private placement, non-brokeredClosed, 2 tranches$750K$0.100Files for Approval of $750,000 Private Placement Financing
2025-08-06Brasnova Energy Materials Inc (BEM)Private placement, non-brokeredAnnounced$1.0M—Announces $1 Million Private Placement
2025-07-03Brasnova Energy Materials Inc (BEM)Private placementClosed, 1 tranche$1.0M$0.100Closes $0.10 Unit Financing
2024-07-08Brasnova Energy Materials Inc (BEM)Private placementTerminated, 2 tranchesAUD $1.0M$0.200Files for Closing of $1 Million Private Placement
2024-02-13Brasnova Energy Materials Inc (BEM)Private placementAnnounced$500K$0.200Announces Updated Financing
2023-08-28Brasnova Energy Materials Inc (BEM)Private placement, non-brokeredClosed, 1 tranche$819K$0.050Closes Oversubscribed Private Placement Financing

Brasnova Energy Materials Inc debt and credit facilities

Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Brasnova Energy Materials Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.

DateDebtLenderAmountTerms
2021-07-29Loan, repaid / settled—C$911,532—
2020-02-18Loan, repaid / settled—C$1M10%

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