Companies · Mining & Resources

Angel Wing Metals Inc.

Toronto · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Angel Wing Metals Inc. — recommendation, valuation, rhythm, risks.
$2.8M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Wed May 03 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Angel Wing Metals Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.27× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Angel Wing Metals Inc. is one of 701 Mining & Resources companies tracked from Toronto. By capital raised it ranks mid-pack (ahead of 57% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2023-05-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · 2021-06-16 Raised $2.5M (real) Modeled valuation $11M (est)$2.5M$11MSeed2021Seed · 2023-05-03 Raised $299K (real) Modeled valuation $982K (est)$299K$982KSeed2023+$299KCumulative $2.8M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.5M · 2021
Seed extension$299K · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$982K
Base estimate est.
$256K
Conservative case
$3.6M
Upside case
$1.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Seed · modeled $11.5M · 2021-06-162021Seed · modeled $982K · 2023-05-032023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$1.5M/yr
Capital velocity
5.0 yr
On record since
2021
First round
2
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.2× above median
This company$2.8M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$299K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$982K
Sector median$2.5M

Raised more than 57% of sector peers (real $). Modeled value above 32% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #51 of 63.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Medusa Mining Ltd · Seed Raised $3.8M · modeled $15.6M (est)HighGold Mining Inc. · Seed Raised $12.5M · modeled $13.2M (est)Modern Mining Technology Corp. · Seed Raised $3.3M · modeled $13.2M (est)Only Gold Development Ltd Liability Co · Seed Raised $3.5M · modeled $12.9M (est)Rex Gold Partners, LLC · Seed Raised $3.5M · modeled $12.7M (est)Cornish Metals Inc. · Seed Raised $3.2M · modeled $12.6M (est)Newport Mining LLC · Seed Raised $3.0M · modeled $11.6M (est)Quartz Lake Mining, Inc · Seed Raised $3.0M · modeled $10.0M (est)Transatlantic Gold, Corp. · Seed Raised $2.5M · modeled $9.5M (est)Military Metal Art HoldCo, LLC · Seed Raised $3.1M · modeled $8.8M (est)Snowline Gold Corp. · Seed Raised $3.1M · modeled $8.5M (est)Northern Vertex Mining Corp. · Seed Raised $2.8M · modeled $7.8M (est)Angel Wing Metals Inc. (this company) Raised $2.8M · modeled $982K (est)Angel Wing Metals Inc.
CompanyStageRaised · realValue · estvs peer med.
Medusa Mining LtdSeed$3.8M$15.6M4.35×
HighGold Mining Inc.Seed$12.5M$13.2M3.69×
Modern Mining Technology Corp.Seed$3.3M$13.2M3.68×
Only Gold Development Ltd Liability CoSeed$3.5M$12.9M3.59×
Rex Gold Partners, LLCSeed$3.5M$12.7M3.55×
Cornish Metals Inc.Seed$3.2M$12.6M3.51×
Newport Mining LLCSeed$3.0M$11.6M3.24×
Quartz Lake Mining, IncSeed$3.0M$10.0M2.79×
Transatlantic Gold, Corp.Seed$2.5M$9.5M2.65×
Military Metal Art HoldCo, LLCSeed$3.1M$8.8M2.45×
Snowline Gold Corp.Seed$3.1M$8.5M2.38×
Northern Vertex Mining Corp.Seed$2.8M$7.8M2.19×
Angel Wing Metals Inc. this companySeed$2.8M$982K0.27×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.5M2021-06-16$12.6M$11.5M90%
Seed$299K2023-05-03$1.5M$982K90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.5M2021-06-16
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
  2. Seed$299K2023-05-03
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 8.4× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~23mo cadence
$299K
Modeled next size est.range $299K$478K
0.1×
Last step-up
$1.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Bryan Wilson6 other2021-06
Joseph Mullin3 other2021-06
Marc Prefontaine2 other2023-05
Alexandria Marcotte1 other2023-05
Carmen Diges1 other2023-05
Mark Santarossa1 other2021-06
Cal Everett2023-05
Frank Busch2021-06
Marc Sontrop2021-06
Remantra Sheopaul2023-05
Sameer Uplenchwar2021-06
Registry & provenance

Angel Wing Metals Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1873371
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
QuestEx Gold & Copper Ltd.Mining & ResourcesPre-Seed$1.9M$3.8Mnetwork2 shared operators · same sector
Orla Mining Ltd.Mining & ResourcesSeed$3.7M$2.1Mnetwork1 shared operator · same sector · same stage
Candelaria Mining Corp.Mining & ResourcesSeed$2.8M$1.4Msame sector · same stage
Carlin Gold CorpMining & ResourcesSeed$2.9M$801Ksame sector · same stage
Kuya Silver Corp./BCMining & ResourcesSeed$3.0M$2.9Msame sector · same stage
Eminent Gold Corp.Mining & ResourcesSeed$2.6M$307Ksame sector · same stage
Westward Gold Inc.Mining & ResourcesSeed$3.1M$2.1Msame sector · same stage
Mega Uranium Ltd.Mining & ResourcesSeed$3.1M$2.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Angel Gold Corp.Mining & ResourcesPre-Seed$390K89%
Emperor Metals Inc.Mining & ResourcesPre-Seed$935K85%
Imperial Metals CorpMining & ResourcesSeries D+$93.9M85%
Metalite Resources Inc.OtherPre-Seed$5.6M83%
Alaska Energy Metals CorpMining & ResourcesPre-Seed$909K82%
Fortius Metals, Inc.Mining & ResourcesSeries A$1.5M81%
American Metal LLCMining & ResourcesPre-Seed$2.4M81%
New Pacific Metals CorpMining & ResourcesSeed$3.7M81%
Frequently asked
How much funding has Angel Wing Metals Inc. raised?
Angel Wing Metals Inc. has raised approximately $2.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Angel Wing Metals Inc.'s estimated valuation?
Provath's modeled valuation for Angel Wing Metals Inc. is approximately $982K (modeled range $256K–$3.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Angel Wing Metals Inc. at?
Angel Wing Metals Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed May 03.
What does Angel Wing Metals Inc. do and where is it based?
Angel Wing Metals Inc. operates in the Mining & Resources sector, based in Toronto.
Explore related

See where Angel Wing Metals Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Angel Wing Metals Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.