Diligence memo · auto-generated · as of July 2, 2026
Angel Wing Metals Inc.
Angel Wing Metals Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Angel Wing Metals Inc. operates in Mining & Resources, based in Toronto.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Angel Wing Metals Inc. has raised $2.8M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.5M on 2021-06-16.
Most recent recorded round closed around 2023-05-03.
Valuation (modeled)modeled
Provath models Angel Wing Metals Inc. at approximately $982K (range $256K–$3.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 23 months.
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.
The last round was 8.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 57% of Mining & Resources peers (701 compared).
Modeled value ranks above 32% of those peers.
Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.