Zodiac Gold Inc (ZAU) Financings
TSXV: ZAU · Gold, Iron · Exploration stage
- Market cap$53.8M
- Share price$0.290
- 52-week range$0.155 – $0.435
- Shares outstanding185,500,769
- ExchangeTSXV
- Websitewww.zodiacgold.com
Zodiac Gold Inc. (TSXV: ZAU) (OTCQB: ZAUIF) (FSE: K19) is a West African gold exploration company focused on its flagship Todi Gold Project in Liberia - an underexplored, politically stable, mining friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi Shear Zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316 km² land package. The Todi Gold Project has undergone de-risking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, three of which have been drilled, delivering high-grade gold intercepts.
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Zodiac Gold Inc financial statements
Key figures read from 17 of 19 financial statement filings, Apr 27, 2022 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Dec 2023 | Mar 2023 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$3,317,685 | US$89,477 | US$131,446 | C$984,634 | US$17,458 |
| Total current assets | US$3,568,037* | US$181,315* | US$268,776* | — | US$130,646* |
| Total current liabilities | US$863,197 | US$679,376 | US$779,035 | — | US$1,181,880 |
| Working capital | US$2,704,840 | (US$498,061) | (US$510,259) | — | (US$1,051,234) |
| Property, plant and equipment | US$339,368 | US$47,763 | US$33,686 | — | US$45,808 |
| Total assets | US$3,981,121 | US$256,010 | US$372,304 | C$1,457,540 | US$257,552 |
| Debt | US$4,959 | US$25,218 | US$163,490 | — | US$0 |
| Total liabilities | US$923,751 | US$706,312 | US$825,568 | C$87,812 | US$1,255,659 |
| Shareholders' equity | US$3,057,370 | (US$450,302) | (US$453,264) | C$1,369,728 | (US$998,107) |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Dec 2023 | FY Mar 2023 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | US$2,020,254 | US$1,209,388 | US$987,030 | — | US$837,092 |
| General and administrative | US$300,017 | US$237,633 | US$264,534 | C$15,775 | US$169,995 |
| Share-based compensation | US$1,245,957 | US$5,913 | US$333,258 | — | US$281,929 |
| Impairments and write-downs | US$0 | (US$39,352) | — | — | — |
| Net income (loss) | (US$4,028,333) | (US$1,798,511) | (US$1,764,996) | (C$108,135) | (US$1,412,615) |
Cash flow statement: annual key figures
figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Dec 2023 | FY Mar 2023 | |
|---|---|---|---|---|---|
| Operating cash flow | (US$2,565,680)* | (US$1,484,426)* | (US$1,633,402)* | — | — |
| Investing cash flow | (US$318,010)* | (US$38,500)* | US$932,558* | — | — |
| Financing cash flow | US$6,086,684* | US$1,480,957* | US$814,832* | — | — |
| Proceeds from share issues | US$4,780,067 | US$1,298,204 | US$461,471 | — | — |
| Change in cash | US$3,228,208 | (US$41,969) | US$113,988 | C$984,633 | (US$25,381) |
| Cash at end of period | US$3,317,685 | US$89,477 | US$131,446 | C$984,634 | US$17,458 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Zodiac Gold Inc financings
2 financings announced or closed by Zodiac Gold Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-06-24 | Zodiac Gold Inc (ZAU) | Private placement, non-brokered | Announced | $5.6M | $0.350 | Zodiac Gold Announces Update to Closing of Non-Brokered Private Placement |
| 2026-06-04 | Zodiac Gold Inc (ZAU) | Private placement, non-brokered | Closed, 1 tranche | $5.6M | $0.350 | Zodiac Gold Announces Non-Brokered Private Placement for up to C$4.025 Million |
Zodiac Gold Inc debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Zodiac Gold Inc has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2025-03-14 | Loan, repaid / settled | — | C$243,210 | — |