When was CANEX founded?

CANEX was founded in 1971 and raised its 1st funding round 50 years after it was founded.

Where is CANEX located?

CANEX is headquartered in Calgary, Canada.

How many employees does CANEX have?

As of May 27, 2025, the latest employee count at CANEX is 49.

Is CANEX a funded company?

CANEX is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jul 01, 2021.

When was the latest funding round of CANEX?

CANEX's latest funding was a $***** Post IPO round on Dec 10, 2025, with participation from 0 investor.

Where does CANEX rank among its competitors?

CANEX ranks 199th amongst 2246 active competitors, of which 67 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was CANEX, which secured $2.18M in Dec, 2025.

Who are the top competitors of CANEX?

CANEX's top competitors include Vale, Gold Fields and BHP. Among them, CANEX secured the most recent funding round in December, 2025.

CANEX - 2026 Company Profile, Funding & Competitors

CANEX is a public company based in Calgary (Canada), founded in 1971. It operates as a Provider of gold exploration and development services. CANEX has raised an undisclosed amount in funding. The company has 2246 active competitors, including 67 funded and 1381 that have exited. Its top competitors include companies like Vale, Gold Fields and BHP.

Company Details

Website: canexmetals.ca
Email ID: *****@canexmetals.ca
Phone Number: +1 **********

Key Metrics

Founded Year

1971

Location

Calgary, Canada

Stage

Public

Latest Funding Round

Post IPO, Dec 10, 2025, $*****

Investors

Michael Gentile

Ranked

199^th among 2246 active competitors

Employee Count

49 as on May 27, 2025

Investment & Acquisitions

Gold Basin Corp

Similar Companies

Gold Fields & 935 more

Exit Details

Public

View CANEX's full profile

CANEX got listed on Aug 09, 1996.

Click here to take a look at CANEX's IPO in detail

CANEX has raised funding over 8 rounds. Its first funding round was on Jul 01, 2021. CANEX has 1 angel investor.

Here is the list of recent funding rounds of CANEX:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 10, 2025	7499447	Post IPO	3942638	5221653	8404137	5473096
Jun 09, 2025	6992334	Post IPO	5872850	4030530	1405529	3527037
Feb 25, 2025	2235532	Post IPO	7008381	5081748	3873638	4901851

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View details of CANEX's funding rounds and investors

CANEX's employee count trend

CANEX has 49 employees as of May 25. Here is CANEX's employee count trend over the years:

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Top competitors of CANEX include Vale, Gold Fields and BHP. Here is the list of Top 10 competitors of CANEX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vale 1942, Rio de Janeiro (Brazil), Public	Provider of iron ore and nickel exploration services	-	Maaden, BNDES & 11 others	69/100
2nd	Gold Fields 1887, Sandton (South Africa), Public	Gold producer company	-	Lone Bull Group, Makalani	62/100
3rd	BHP 1885, Melbourne (Australia), Public	Provider of multinational mining, metals, and natural gas petroleum services	-	AUI, Carlton Investments & 10 others	62/100
4th	Globex Mining 1949, Rouyn Noranda (Canada), Public	Diversified metals exploration and development company	$19.6M	Yamana Gold, Electro Metals & 1 others	60/100
5th	Equinox Gold 2007, Vancouver (Canada), Public	Equinox Gold is a growth-focused gold producer operating seven mines with a plan to increase production through a pipeline of growth projects, utilizing its team of experienced mining professionals to identify and develop promising assets.	-	Pierce Mason Private Equity, Mubadala & 3 others	60/100
6th	Hindustan Zinc 1966, Udaipur (India), Acquired	Zinc, lead and silver mining company	-	-	59/100
7th	SSR Mining 1946, Vancouver (Canada), Public	Mining and exploration company focused on gold deposits	-	NISA, Accretive Capital Partners & 1 others	59/100
8th	Dundee Precious Metals 1983, Toronto (Canada), Public	Engages acquisition, exploration, development, mining and processing of precious metal properties	-	Royal Bank of Canada, BNP Paribas & 6 others	59/100
9th	New Gold 1996, Ontario (United States), Acquired	Gold mining company	-	RBC Capital Markets, Ontario Teachers' Pension Plan ... & 1 others	58/100
10th	Sibanye-Stillwater 2012, Westonaria (South Africa), Public	Producer of gold	-	Lone Bull Group, Milost Global	58/100
199th	CANEX 1971, Calgary (Canada), Public	Provider of gold exploration and development services	-	-	45/100