Diligence memo · auto-generated · as of July 2, 2026
Kootenay Silver Inc.
Kootenay Silver Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Kootenay Silver Inc. operates in Mining & Resources, based in Vancouver.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kootenay Silver Inc. has raised $5.7M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.2M on 2019-03-05.
Most recent recorded round closed around 2024-02-16.
Valuation (modeled)modeled
Provath models Kootenay Silver Inc. at approximately $1.3M (range $373K–$3.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.35× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era. Issuer reports $5M–$25M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 23 months.
Last raise 2.4 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 73% of Mining & Resources peers (701 compared).
Modeled value ranks above 38% of those peers.
Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.
Peoplefiled
22 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.