Diligence memo · auto-generated · as of July 2, 2026
Canalaska Uranium Ltd
Canalaska Uranium Ltd looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Canalaska Uranium Ltd operates in Mining & Resources, based in Saskatoon.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Canalaska Uranium Ltd has raised $3.6M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.4M on 2019-05-16.
Most recent recorded round closed around 2025-10-30.
Valuation (modeled)modeled
Provath models Canalaska Uranium Ltd at approximately $610K (range $245K–$1.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.22× the median modeled value of Seed Mining & Resources companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 8 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 3.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 63% of Mining & Resources peers (701 compared).
Modeled value ranks above 19% of those peers.
Closest niche peers: Blue Gold Ltd, Sierra Madre Gold & Silver Ltd., Metal Powder Works Ltd, Western Exploration Inc., Mayfair Gold Corp..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.