Benz Mining Corp. (BZ) Financings
TSXV: BZ · Gold · Advanced Exploration stage
- Market cap$1.46B
- Share price$3.84
- 52-week range$1.14 – $5.43
- Shares outstanding379,883,348
- ExchangeTSXV
- Websitewww.benzmining.com
Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) is a pure-play gold exploration company dual-listed on the TSX Venture Exchange and Australian Securities Exchange. The Company owns the Eastmain Gold Project in Quebec, and the recently acquired Glenburgh and Mt Egerton Gold Projects in Western Australia. Benz's key point of difference lies in its team's deep geological expertise and the use of advanced geological techniques, particularly in high-metamorphic terrane exploration. The Company aims to rapidly grow its global resource base and solidify its position as a leading gold explorer across two of the world's most prolific gold regions.
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Benz Mining Corp. financial statements
Key figures read from 39 of 39 financial statement filings, Mar 22, 2017 to Sep 14, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$81,249,324 | C$11,787,527 | C$3,020,475 | C$10,132,350 | C$2,782,026 |
| Total current assets | C$84,125,288 | C$12,475,670 | C$3,717,137 | C$10,916,694 | C$4,231,968 |
| Total current liabilities | C$8,486,640 | C$1,494,482 | C$363,055 | C$4,308,225 | C$2,544,545 |
| Working capital | C$75,638,648 | C$10,981,188 | C$3,354,082 | C$6,608,469 | C$1,687,423 |
| Exploration and evaluation assets | C$15,136,326 | C$13,072,186 | C$3,903,216 | C$2,157,307 | C$1,826,667 |
| Property, plant and equipment | C$1,105,917 | C$204,951 | — | — | — |
| Total assets | C$100,367,531 | C$25,752,807 | C$7,620,353 | C$13,074,001 | C$6,058,635 |
| Total liabilities | C$10,012,995 | C$2,858,432 | — | — | — |
| Shareholders' equity | C$90,354,536 | C$22,894,375 | C$7,257,298 | C$8,765,776 | C$3,514,090 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$38,786,752 | C$3,008,631 | C$3,848,259 | C$5,644,976 | C$19,034,483 |
| General and administrative | C$2,210,130 | C$3,388,541 | C$648,619 | C$929,206 | C$898,994 |
| Share-based compensation | — | — | C$434,089 | C$0 | C$4,994 |
| Net income (loss) | (C$40,432,675) | (C$7,504,189) | (C$4,024,481) | (C$4,776,962) | (C$12,636,747) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | FY Apr 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$3,283,085) | (C$7,447,880) | (C$7,360,132) | (C$20,119,886) | (C$8,216,511) |
| Investing cash flow | (C$955,852) | (C$1,350,000) | (C$330,640) | (C$160,764) | (C$225,000) |
| Financing cash flow | C$13,115,211 | C$1,686,005 | C$15,041,096 | C$9,917,909 | C$19,235,907 |
| Exploration spending (capitalized) | (C$906,653) | (C$1,350,000) | (C$330,640) | (C$160,764) | (C$225,000) |
| Property, plant and equipment spending | (C$49,199) | — | — | — | — |
| Proceeds from share issues | C$12,858,333 | C$234,222 | C$11,479,660 | C$9,660,435 | C$18,018,784 |
| Change in cash | C$8,767,052 | (C$7,111,875) | C$7,350,324 | (C$10,362,741) | C$10,794,396 |
| Cash at end of period | C$11,787,527 | C$3,020,475 | C$10,132,350 | C$2,782,026 | C$13,144,767 |
Benz Mining Corp. financings
5 financings announced or closed by Benz Mining Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-08-23 | Benz Mining Corp. (BZ) | Private placement | Closed, 1 tranche | AUD $150.0M | $3.71 | Benz Announces A$150m Placement to Accelerate Delivery of Glenburgh Maiden Resource 14 Rigs Targeting Maiden Resource in H1 2027 |
| 2026-01-28 | Benz Mining Corp. (BZ) | Private placement, bought deal | Closed, 1 tranche | AUD $75.0M | $2.32 | Benz Announces Transformational A$75M Bought Deal |
| 2025-08-12 | Benz Mining Corp. (BZ) | Private placement, bought deal | Tranche closed, 2 tranches | AUD $60.0M | $0.985 | Benz Announces Drilling to Accelerate at Glenburgh Following A$30M Bought Deal |
| 2025-04-15 | Benz Mining Corp. (BZ) | Private placement | Closed, 2 tranches | AUD $27.0M | $0.400 | Benz Announces Closing Tranche 1 of A$13.5M Financing |
| 2024-11-13 | Benz Mining Corp. (BZ) | Private placement, brokered | Closed, 1 tranche | AUD $4.0M | $0.220 | Benz Announces Closing of A$4M Financing |