Kenorland Minerals Ltd (KLD) Financings
TSXV: KLD · Gold · Exploration stage
- Market cap$181.1M
- Share price$2.25
- 52-week range$1.75 – $3.59
- Shares outstanding80,474,118
- ExchangeTSXV
- Websitekenorlandminerals.com
Kenorland Minerals Ltd. (TSXV: KLD) is a well-financed mineral exploration company focused on project generation and early-stage exploration in North America. Kenorland's exploration strategy is to advance greenfields projects through systematic, property-wide, phased exploration surveys financed primarily through exploration partnerships including option to joint venture agreements. Kenorland holds a 4% net smelter return royalty on the Frotet Project in Quebec, which is owned by Sumitomo Metal Mining Canada Ltd. The Frotet Project hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020, which contains an Inferred Mineral Resource of 14.5 Mt at 5.47 g/t Au for 2.55 Moz of gold. Kenorland is based in Vancouver, British Columbia, Canada.
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Kenorland Minerals Ltd financial statements
Key figures read from 29 of 29 financial statement filings, Aug 28, 2019 to Aug 21, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$20,616,239 | C$28,192,218 | C$25,430,198 | C$24,133,235 | C$9,418,796 |
| Total current assets | C$23,323,998* | C$30,355,357* | C$29,158,127* | C$27,860,860* | C$11,429,930* |
| Total current liabilities | C$5,976,418 | C$5,644,870 | C$5,731,504 | C$8,251,761 | C$3,278,854 |
| Working capital | C$17,347,580 | C$24,710,487 | C$23,426,623 | C$19,609,099 | C$8,151,076 |
| Exploration and evaluation assets | C$22,072,368 | C$24,913,451 | C$17,101,519 | C$13,626,109 | C$10,592,813 |
| Property, plant and equipment | C$31,914 | C$35,749 | C$42,253 | C$17,468 | C$9,597 |
| Total assets | C$53,516,550 | C$58,864,782 | C$50,082,508 | C$55,550,831 | C$24,478,789 |
| Debt | — | — | — | C$0 | C$100,000 |
| Total liabilities | C$11,125,792 | C$9,242,318 | C$7,635,209 | C$10,576,761 | C$3,989,310 |
| Shareholders' equity | C$42,390,758 | C$49,622,464 | C$42,447,299 | C$44,974,070 | C$20,489,479 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | C$4,715,273 | C$2,852,523 | C$3,721,147 | C$2,474,598 | C$2,000,468 |
| General and administrative | C$877,215 | C$593,685 | C$757,140 | C$447,310 | C$328,829 |
| Share-based compensation | C$1,747,542 | C$2,192,114 | C$1,696,454 | C$927,833 | C$868,839 |
| Net income (loss) | — | (C$3,693,558) | (C$4,415,379) | C$16,240,960 | C$1,007,599 |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Change in cash | (C$3,150,985) | C$283,486 | C$11,276,371 | (C$8,829,594) | C$78,758 |
| Cash at end of period | C$20,616,239 | C$28,192,218 | C$25,430,198 | C$24,133,235 | C$9,418,796 |
Kenorland Minerals Ltd financings
1 financing announced or closed by Kenorland Minerals Ltd, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2024-05-21 | Kenorland Minerals Ltd (KLD) | Flow-through, non-brokered | Closed, 1 tranche | $9.9M | $1.12 | Kenorland Arranges Strategic Investment by Centerra Gold Through C$9.86M Non-Brokered Private Placement |