Diligence memo · auto-generated · as of July 2, 2026
Hana Mining Ltd.
Hana Mining Ltd. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Hana Mining Ltd. operates in Other Energy, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hana Mining Ltd. has raised $5.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.3M on 2010-05-20.
Most recent recorded round closed around 2010-05-20.
Valuation (modeled)modeled
Provath models Hana Mining Ltd. at approximately $56M (range $6.9M–$307M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.04× the median modeled value of Series A Other Energy companies in 2010–2012 (78 peers) — value vs value, same stage and era. Within the normal band (104% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 16.1 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 25.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 59% of Other Energy peers (2049 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: Great Plains Sand, LLC, Torqued Up Energy Services Inc, INEOS New Planet Bioenergy LLC, Advanced Energy Industries Inc, A-Power Energy Generation Systems, Ltd..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.