Companies · Mining & Resources

Asante Gold Corp.

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

Diligence memoA one-page analyst read on Asante Gold Corp. — recommendation, valuation, rhythm, risks.
$575K
Total raised · real
1
Rounds
Latest step-up
Top 78%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Apr 15 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Asante Gold Corp. looks over-valued against its niche peers and is dormant 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.

Over-valued
  • Modeled value is 2.21× the median modeled value of Pre-Seed Mining & Resources companies in 2019–2021 (82 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.2 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Asante Gold Corp. is one of 701 Mining & Resources companies tracked from Vancouver. By capital raised it ranks in the long tail (ahead of 23% of sector peers), and mid-pack 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
2
Investors (latest)
2021-04-15
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2021-04-15 Raised $575K (real) Modeled valuation $3.2M (est)$575K$3.2MPre-Seed2021

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
Pre-Seed$575K · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$3.2M
Base estimate est.
$364K
Conservative case
$28.3M
Upside case
$3.2M
Modeled post-money

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

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
5.2 yr
Elapsed time used
5.2 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.2 yr
On record since
2021
First round
1
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) 0.3× of median
This company$575K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.1× above median
This company$575K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$3.2M
Sector median$2.5M

Raised more than 23% of sector peers (real $). Modeled value above 56% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #20 of 82.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Kuya Silver Corp. · Pre-Seed Raised $858K · modeled $5.6M (est)Apex Mining, LLC · Pre-Seed Raised $1.0M · modeled $5.5M (est)Metals House Inc. · Pre-Seed Raised $1.0M · modeled $5.5M (est)Contact Gold Corp. · Pre-Seed Raised $810K · modeled $5.4M (est)Frontier Lithium Inc. · Pre-Seed Raised $2.6M · modeled $5.3M (est)Kona Gold Beverage, Inc. · Pre-Seed Raised $1.4M · modeled $5.2M (est)Nevada Canyon Gold Corp. · Pre-Seed Raised $1.4M · modeled $5.0M (est)Magna Gold Corp. · Pre-Seed Raised $1.6M · modeled $5.0M (est)Richmond Minerals Inc. · Pre-Seed Raised $901K · modeled $4.9M (est)US Digital Mining Corp. · Pre-Seed Raised $1.0M · modeled $4.7M (est)Prime Mining Corp. · Pre-Seed Raised $691K · modeled $4.6M (est)Red Metal Resources, Ltd. · Pre-Seed Raised $1.9M · modeled $4.2M (est)Asante Gold Corp. (this company) Raised $575K · modeled $3.2M (est)Asante Gold Corp.
CompanyStageRaised · realValue · estvs peer med.
Kuya Silver Corp.Pre-Seed$858K$5.6M3.93×
Apex Mining, LLCPre-Seed$1.0M$5.5M3.86×
Metals House Inc.Pre-Seed$1.0M$5.5M3.81×
Contact Gold Corp.Pre-Seed$810K$5.4M3.76×
Frontier Lithium Inc.Pre-Seed$2.6M$5.3M3.66×
Kona Gold Beverage, Inc.Pre-Seed$1.4M$5.2M3.60×
Nevada Canyon Gold Corp.Pre-Seed$1.4M$5.0M3.51×
Magna Gold Corp.Pre-Seed$1.6M$5.0M3.48×
Richmond Minerals Inc.Pre-Seed$901K$4.9M3.44×
US Digital Mining Corp.Pre-Seed$1.0M$4.7M3.24×
Prime Mining Corp.Pre-Seed$691K$4.6M3.21×
Red Metal Resources, Ltd.Pre-Seed$1.9M$4.2M2.94×
Asante Gold Corp. this companyPre-Seed$575K$3.2M2.21×
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.
Pre-Seed$575K2021-04-15$3.2M$3.2M90%
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. Pre-Seed$575K2021-04-15
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
Intelligence
Modeled next raise
$920K
Modeled next size est.range $598K$1.5M
Last step-up
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
Philip Gibbs2 other2021-04
Alex Heath1 other2021-04
Roger Norwich1 other2021-04
Bashir Ahmed2021-04
Carsten Korch2021-04
Douglas MacQuarrie2021-04
Malik Easah2021-04
Nadia Abdul-Aziz2021-04
Registry & provenance

Asante Gold Corp. 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
1523060
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
Plateau Energy Metals Inc.Mining & ResourcesPre-Seed$1.5M$1.2Mnetwork1 shared operator · same sector · same stage
Astra Exploration Inc.Mining & ResourcesPre-Seed$577K$782Ksame sector · same stage
Craton Minerals Ltd.Mining & ResourcesPre-Seed$577K$3.9Msame sector · same stage
Verdant Minerals LtdMining & ResourcesPre-Seed$570K$3.8Msame sector · same stage
K2 Gold CorpMining & ResourcesPre-Seed$584K$1.6Msame sector · same stage
Electrum Copper Corp.Mining & ResourcesPre-Seed$588K$679Ksame sector · same stage
Summa Silver CorpMining & ResourcesPre-Seed$588K$914Ksame sector · same stage
Bankers Cobalt Corp.Mining & ResourcesPre-Seed$557K$994Ksame 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
AU Gold Corp.Mining & ResourcesPre-Seed$1.1M86%
Tanzanian Gold CorpMining & ResourcesSeries A$57.8M85%
Mexican Gold Corp.Mining & ResourcesPre-Seed$600K85%
Precipitate Gold CorpMining & ResourcesPre-Seed$534K85%
Aurvista Gold CorpMining & ResourcesPre-Seed$4.2M85%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M85%
Siguiri Gold Corp.Mining & ResourcesPre-Seed$1.8M84%
Omega Gold Corp.Mining & ResourcesPre-Seed$594K84%
Frequently asked
How much funding has Asante Gold Corp. raised?
Asante Gold Corp. has raised approximately $575K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Asante Gold Corp.'s estimated valuation?
Provath's modeled valuation for Asante Gold Corp. is approximately $3.2M (modeled range $364K–$28.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Asante Gold Corp. at?
Asante Gold Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Apr 15.
What does Asante Gold Corp. do and where is it based?
Asante Gold Corp. operates in the Mining & Resources sector, based in Vancouver.
Explore related

See where Asante Gold Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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