Companies · Mining & Resources

Canamex Gold Corp.

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

Diligence memoA one-page analyst read on Canamex Gold Corp. — recommendation, valuation, rhythm, risks.
$4.6M
Total raised · real
6
Rounds
1.0×
Latest step-up
Top 33%
Sector rank · raised
Seed
Latest stage · inferred · Wed Oct 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Canamex Gold Corp. looks under-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.

Under-valued
  • Modeled value is 0.48× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.7 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Canamex Gold Corp. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 68% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
12
Investors (latest)
2018-10-31
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$2.5M$5.0M$7.5M$10MSeed · 2011-12-15 Raised $1.2M (real) Modeled valuation $6.3M (est)$1.2M$6.3MSeed2011Seed · 2014-02-20 Raised $1.9M (real) Modeled valuation $10.0M (est)$1.9M$10.0MSeed2014Seed · 2014-10-03 Raised $141K (real) Modeled valuation $759K (est)$141K$759KSeed2014Seed · 2015-09-22 Raised $194K (real) Modeled valuation $1.0M (est)$194K$1.0MSeed2015Seed · 2017-05-12 Raised $604K (real) Modeled valuation $3.2M (est)$604K$3.2MSeed2017Seed · 2018-10-31 Raised $590K (real) Modeled valuation $3.2M (est)$590K$3.2MSeed2018+$1.9M+$141K+$194K+$604K+$590KCumulative $4.6M

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$1.2M · 2011
Seed extension$1.9M · 2014
Seed extension$141K · 2014
Seed extension$194K · 2015
Seed extension$604K · 2017
Seed extension$590K · 2018

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
$3.2M
Base estimate est.
$504K
Conservative case
$24.8M
Upside case
$2.9M
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 $6.3M · 2011-12-152011Seed · modeled $10.0M · 2014-02-20Seed · modeled $759K · 2014-10-03Seed · modeled $1.0M · 2015-09-22Seed · modeled $3.2M · 2017-05-12Seed · modeled $3.2M · 2018-10-312018
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
6.0 yr
Elapsed time used
7.7 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$663K/yr
Capital velocity
14.5 yr
On record since
2011
First round
6
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) 2.0× above median
This company$4.6M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$590K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 1.3× above median
This company$3.2M
Sector median$2.5M

Raised more than 68% 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 (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 #19 of 23.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Constantine Metal Resources Ltd. · Seed Raised $3.5M · modeled $18.7M (est)Superior Gold Inc. · Seed Raised $4.1M · modeled $17.8M (est)Bare Metal Standard Inc. · Seed Raised $6.0M · modeled $16.1M (est)Kenadyr Mining (Holdings) Corp · Seed Raised $2.3M · modeled $12.3M (est)UltraConductive Copper Company, Inc. · Seed Raised $2.2M · modeled $11.6M (est)Honey Gold Processing Llc · Seed Raised $2.0M · modeled $10.7M (est)National Silver-Lead Mining Co · Seed Raised $2.4M · modeled $10.7M (est)Liquid Gold, LLC · Seed Raised $1.9M · modeled $10.2M (est)Antipa Minerals Ltd · Seed Raised $1.5M · modeled $8.1M (est)Quasar Mining Group, Inc. · Seed Raised $1.4M · modeled $7.6M (est)Discovery Metals Corp. · Seed Raised $1.3M · modeled $6.8M (est)Caracara Silver Inc. · Seed Raised $1.2M · modeled $6.5M (est)Canamex Gold Corp. (this company) Raised $4.6M · modeled $3.2M (est)Canamex Gold Corp.
CompanyStageRaised · realValue · estvs peer med.
Constantine Metal Resources Ltd.Seed$3.5M$18.7M2.87×
Superior Gold Inc.Seed$4.1M$17.8M2.73×
Bare Metal Standard Inc.Seed$6.0M$16.1M2.47×
Kenadyr Mining (Holdings) CorpSeed$2.3M$12.3M1.88×
UltraConductive Copper Company, Inc.Seed$2.2M$11.6M1.78×
Honey Gold Processing LlcSeed$2.0M$10.7M1.64×
National Silver-Lead Mining CoSeed$2.4M$10.7M1.64×
Liquid Gold, LLCSeed$1.9M$10.2M1.56×
Antipa Minerals LtdSeed$1.5M$8.1M1.24×
Quasar Mining Group, Inc.Seed$1.4M$7.6M1.17×
Discovery Metals Corp.Seed$1.3M$6.8M1.04×
Caracara Silver Inc.Seed$1.2M$6.5M1.00×
Canamex Gold Corp. this companySeed$4.6M$3.2M0.48×
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$1.2M2011-12-15$5.9M$6.3M85%
Seed$1.9M2014-02-20$9.3M$10.0M85%
Seed$141K2014-10-03$707K$759K85%
Seed$194K2015-09-22$971K$1.0M85%
Seed$604K2017-05-12$3.0M$3.2M90%
Seed$590K2018-10-31$2.9M$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. Seed$1.2M2011-12-15
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
  2. Seed$1.9M2014-02-20
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  3. Seed$141K2014-10-03
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 13.1× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Seed$194K2015-09-22
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Seed$604K2017-05-12
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 29 investors on this round.
  6. Seed$590K2018-10-31
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~17mo cadence
$590K
Modeled next size est.range $590K$944K
1.0×
Last step-up
$663K/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
Dong H. Shim4 other2018-10
Jason Reid4 other2014-10
Robert Kramer4 other2014-02
MARK BILLINGS3 other2014-02
RICHARD BARNETT3 other2014-02
Gregory Hahn2 other2014-02
David Vincent1 other2018-10
Greg Hahn1 other2017-05
GREGORY A HAHN1 other2011-12
Mike Stark1 other2014-02
Dean McDonald2014-02
Frank H. Hogel2018-10
Frank Hoegel2017-05
Gregory H. Hahn2018-10
Guy H. Dancosse2018-10
HERB A DUERR2011-12
Jeb Handwerger2017-05
MARK A BILLINGS2011-12
Michael Pesner2015-09
MIKE A STARK2011-12
ROBERT A KRAMER2011-12
W. PIERCE A CARSON2011-12
Registry & provenance

Canamex 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
1488843
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
Arizona Silver Exploration Inc.Mining & ResourcesSeries A$8.7M$17.7Mnetwork6 shared operators · same sector
Silver Bull Resources, Inc.Mining & ResourcesSeries A$11.9M$398Knetwork2 shared operators · same sector
Iconic Minerals Ltd.Mining & ResourcesPre-Seed$960K$1.2Mnetwork2 shared operators · same sector
Orex Minerals IncMining & ResourcesSeed$4.6M$1.6Msame sector · same stage
Otis Gold Corp.Mining & ResourcesSeed$4.5M$2.2Msame sector · same stage
Brixton Metals CorpMining & ResourcesSeed$4.6M$3.2Msame sector · same stage
Terra Rossa Gold Ltd.Mining & ResourcesSeed$4.7M$1.8Msame sector · same stage
Lumina Gold Corp.Mining & ResourcesSeed$4.7M$3.7Msame 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
NexGold Mining Corp.Mining & ResourcesSeed$3.3M88%
Corex Gold CorpMining & ResourcesSeed$794K88%
GARNEX GOLD CorpMining & ResourcesSeed$16.1M87%
AEX Gold Inc.Mining & ResourcesSeries A$26.1M86%
Gold Bull Resources Corp.Mining & ResourcesPre-Seed$2.1M86%
Mexican Gold Corp.Mining & ResourcesPre-Seed$601K86%
Cantex Mine Development Corp.OtherPre-Seed$1.5M86%
White Gold Corp.Mining & ResourcesSeed$5.0M86%
Frequently asked
How much funding has Canamex Gold Corp. raised?
Canamex Gold Corp. has raised approximately $4.6M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Canamex Gold Corp.'s estimated valuation?
Provath's modeled valuation for Canamex Gold Corp. is approximately $3.2M (modeled range $504K–$24.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Canamex Gold Corp. at?
Canamex Gold Corp.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Oct 31.
What does Canamex Gold Corp. do and where is it based?
Canamex Gold Corp. operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where Canamex 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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