Companies · Mining & Resources

E3 Metals Corp.

CALGARY · Mining & Resources · refined from filed group “Other”

Diligence memoA one-page analyst read on E3 Metals Corp. — recommendation, valuation, rhythm, risks.→
$176K
Total raised · real
1
Rounds
—
Latest step-up
Top 91%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Dec 18 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

E3 Metals Corp. looks fair 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.

Fair
  • Modeled value is 0.82× the median modeled value of Pre-Seed Mining & Resources companies in 2019–2021 (82 peers) — value vs value, same stage and era.
  • Within the normal band (82% of peer median) for its niche.
Dormant
  • Last raise 6.5 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

E3 Metals Corp. is one of 701 Mining & Resources companies tracked from CALGARY. By capital raised it ranks in the long tail (ahead of 10% 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
3
Investors (latest)
2019-12-18
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$500K$1.0M$1.5M$2.0MPre-Seed · 2019-12-18 Raised $176K (real) Modeled valuation $1.2M (est)$176K$1.2MPre-Seed2019

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$176K · 2019

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

Modeled valuation trajectory
$1.2M
Base estimate est.
$112K
Conservative case
$13.3M
Upside case
$979K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a 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
6.0 yr
Elapsed time used
6.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
6.8 yr
On record since
2019
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)▼ 0.1× of median
This company$176K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▼ 0.6× of median
This company$176K
Sector median$271K
Modeled value — vs sector median (estimate, all stages)▼ 0.5× of median
This company$1.2M
Sector median$2.5M

Raised more than 10% of sector peers (real $). Modeled value above 36% 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 #51 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 $5.6M (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)E3 Metals Corp. (this company) Raised $176K · modeled $1.2M (est)E3 Metals Corp.
CompanyStageRaised · realValue · estvs peer med.
Kuya Silver Corp.Pre-Seed$858K$5.6M3.93×
Apex Mining, LLCPre-Seed$1.0M$5.6M3.86×
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×
E3 Metals Corp. this companyPre-Seed$176K$1.2M0.82×
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$176K2019-12-18$979K$1.2M90%
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$176K2019-12-18
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
—
Modeled next raise
$282K
Modeled next size est.range $183K–$451K
—
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
Peeyush Varshney—2 other2019-12
Chris Doornbos——2019-12
Elizabeth Lappin——2019-12
Greg Florence——2019-12
Mike O'Hara——2019-12
Paul Reinhart——2019-12
Registry & provenance

E3 Metals 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
1808813
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
Orosur Mining Inc.Mining & ResourcesPre-Seed$179K$339Ksame sector · same stage
Allied Critical Metals Corp.Mining & ResourcesPre-Seed$180K$391Ksame sector · same stage
Torrent Gold Inc.Mining & ResourcesPre-Seed$181K$443Ksame sector · same stage
P2 Gold Inc.Mining & ResourcesPre-Seed$183K$992Ksame sector · same stage
Patriot Critical Minerals Corp.Mining & ResourcesPre-Seed$170K$300Ksame sector · same stage
Camino Minerals Corp.Mining & ResourcesPre-Seed$184K$1.2Msame sector · same stage
Scientific Metals Corp.Mining & ResourcesPre-Seed$168K$1.1Msame sector · same stage
Renegade Gold Inc.Mining & ResourcesPre-Seed$168K$301Ksame 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
C3 Metals Inc.Mining & ResourcesSeries A$15.7M92%
European Energy Metals Corp.Mining & ResourcesPre-Seed$443K90%
E M Mining, Inc.Mining & ResourcesPre-Seed$4.0M89%
Trilogy Metals Inc.Mining & ResourcesSeries A$10.6M89%
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M88%
Key Metals Corp.Mining & ResourcesSeries A$8.3M87%
Critical Metals Corp.Mining & ResourcesSeries B$94.3M86%
Sun Metals Corp.Mining & ResourcesPre-Seed$899K85%
Frequently asked
How much funding has E3 Metals Corp. raised?
E3 Metals Corp. has raised approximately $176K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is E3 Metals Corp.'s estimated valuation?
Provath's modeled valuation for E3 Metals Corp. is approximately $1.2M (modeled range $112K–$13.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is E3 Metals Corp. at?
E3 Metals Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Dec 18.
What does E3 Metals Corp. do and where is it based?
E3 Metals Corp. operates in the Mining & Resources sector, based in CALGARY.
Explore related

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