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Bravo Mining Corp (BRVO) Financings

TSXV: BRVO · PGM, Copper, Gold · Advanced Exploration stage

Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its PGM+Au+Ni deposit while also exploring for IOCG-style Cu+Au and magmatic-style Ni+Cu+/-PGM+/-Au mineralization within its Luanga Project in the Carajas Mineral Province, Para State, Brazil. Bravo is one of the most active explorers in Carajas. The team, comprising of local and international geologists, has a proven track record of PGM, nickel, and copper discoveries in the region. They have successfully taken a past IOCG greenfield project from discovery to development and production in the Carajas while defining other significant deposit types in the region. The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure, including road, rail, and hydroelectric grid power. Bravo's current Environmental, Social and Governance activities include planting more than 56,000 high-value trees in and around the project area and hiring and contracting locally.

Bravo Mining Corp financial statements

Key figures read from 19 of 19 financial statement filings, Aug 30, 2022 to Aug 13, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

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

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsUS$20,019,031US$23,843,563US$32,203,907US$29,429,192US$98,186
Total current assetsUS$20,254,831US$24,090,464US$32,595,735US$29,535,470US$100,867
Total current liabilitiesUS$515,046US$799,349US$1,615,931US$2,217,711US$2,097
Working capitalUS$19,739,785US$23,291,115US$30,979,804US$27,317,759US$98,770
Exploration and evaluation assetsUS$35,504,259US$26,983,961US$22,786,359US$8,885,743US$390,395
Property, plant and equipmentUS$1,270,220US$1,389,617US$1,465,376US$475,057US$5,523
Total assetsUS$57,029,310US$52,464,042US$56,847,470US$38,896,270US$497,827
Debt——US$0US$45,833—
Total liabilitiesUS$886,637US$1,149,942US$1,645,863US$2,237,865US$2,097
Shareholders' equityUS$56,142,673US$51,314,100US$55,201,607US$36,658,405US$495,730

Income statement: annual key figures

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

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
General and administrativeUS$983,001US$1,402,528US$1,647,940US$796,345US$17,071
Share-based compensationUS$1,815,384US$1,341,511US$1,472,621US$914,559US$0
Net income (loss)(US$2,845,289)(US$2,307,451)(US$2,704,731)(US$3,284,246)(US$17,563)

Cash flow statement: annual key figures

US dollars (US$), 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(US$1,011,452)(US$825,645)(US$1,807,591)(US$1,836,588)(US$17,655)
Investing cash flow(US$4,430,488)(US$8,131,616)(US$13,393,911)(US$6,516,492)(US$397,452)
Financing cash flowUS$1,584,125US$672,119US$17,987,073US$37,684,992US$521,580
Exploration spending (capitalized)(US$4,417,828)(US$7,980,214)(US$12,304,594)(US$6,067,340)(US$390,395)
Property, plant and equipment spending(US$12,660)(US$151,402)(US$1,089,317)(US$450,194)(US$6,015)
Proceeds from share issues—US$0(US$298,312)US$4,285,000US$521,580
Change in cash(US$3,824,532)(US$8,360,344)US$2,774,715US$29,331,006US$98,186
Cash at end of periodUS$20,019,031US$23,843,563US$32,203,907US$29,429,192US$98,186

No financings are on record for Bravo Mining Corp yet.

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