Companies · Mining & Resources

Legend Gold Corp

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

Diligence memoA one-page analyst read on Legend Gold Corp — recommendation, valuation, rhythm, risks.
$5.8M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Fri Sep 08 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Legend 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 0.04× the median modeled value of Series A Mining & Resources companies in 2016–2018 (15 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.8 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

Legend Gold Corp is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 73% 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
9
Investors (latest)
2017-09-08
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$5.0M$10M$15M$20MSeries A · 2013-09-05 Raised $4.4M (real) Modeled valuation $19M (est)$4.4M$19MSeries A2013Seed · 2013-09-05 Raised $1.2M (real) Modeled valuation $6.5M (est)$1.2M$6.5MSeed2013Series A · 2017-09-08 Raised $173K (real) Modeled valuation $757K (est)$173K$757KSeries A2017+$1.2M+$173KCumulative $5.8M

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
Series A$4.4M · 2013
Bridge · Series A-stage$1.2M · 2013smaller follow-on
Series A extension$173K · 2017

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: 67%.

Modeled valuation trajectory
$757K
Base estimate est.
$224K
Conservative case
$4.1M
Upside case
$787K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Series A · modeled $19.1M · 2013-09-052013Seed · modeled $6.5M · 2013-09-05Series A · modeled $757K · 2017-09-082017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$1.4M/yr
Capital velocity
12.8 yr
On record since
2013
First round
3
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) 2.5× above median
This company$5.8M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$173K
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$757K
Sector median$2.5M

Raised more than 73% of sector peers (real $). Modeled value above 26% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #15 of 15.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Orca Gold Inc. · Series A Raised $12.1M · modeled $51.2M (est)Mines.Io Inc. · Series A Raised $10.4M · modeled $32.2M (est)Pershing Gold Corp. · Series A Raised $60.1M · modeled $28.6M (est)Halo Exploration Ltd. · Series A Raised $5.7M · modeled $25.0M (est)Ocean Minerals, LLC · Series A Raised $5.0M · modeled $21.9M (est)El Capitan Precious Metals Inc · Series A Raised $6.9M · modeled $21.9M (est)Gold Standard Ventures Corp. · Series A Raised $14.7M · modeled $21.2M (est)Almadex Minerals Ltd · Series A Raised $4.7M · modeled $20.5M (est)Equinox Gold Corp. · Series A Raised $4.6M · modeled $19.9M (est)Liberty Star Uranium & Metals Corp. · Series A Raised $13.2M · modeled $18.9M (est)Eco Oro Minerals Corp. · Series A Raised $24.5M · modeled $10.3M (est)Applied Minerals, Inc. · Series A Raised $19.5M · modeled $4.0M (est)Legend Gold Corp (this company) Raised $5.8M · modeled $757K (est)Legend Gold Corp
CompanyStageRaised · realValue · estvs peer med.
Orca Gold Inc.Series A$12.1M$51.2M2.49×
Mines.Io Inc.Series A$10.4M$32.2M1.57×
Pershing Gold Corp.Series A$60.1M$28.6M1.39×
Halo Exploration Ltd.Series A$5.7M$25.0M1.22×
Ocean Minerals, LLCSeries A$5.0M$21.9M1.06×
El Capitan Precious Metals IncSeries A$6.9M$21.9M1.06×
Gold Standard Ventures Corp.Series A$14.7M$21.2M1.03×
Almadex Minerals LtdSeries A$4.7M$20.5M1.00×
Equinox Gold Corp.Series A$4.6M$19.9M0.97×
Liberty Star Uranium & Metals Corp.Series A$13.2M$18.9M0.92×
Eco Oro Minerals Corp.Series A$24.5M$10.3M0.50×
Applied Minerals, Inc.Series A$19.5M$4.0M0.19×
Legend Gold Corp this companySeries A$5.8M$757K0.04×
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.
Series A$4.4M2013-09-05$19.9M$19.1M85%
Seed$1.2M2013-09-05$6.1M$6.5M85%
Series A$173K2017-09-08$787K$757K90%
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. Series A$4.4M2013-09-05
    • First recorded raise — entered as Series A.
    • 192 investors on this round.
  2. Seed$1.2M2013-09-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 10 investors on this round.
  3. Series A$173K2017-09-08
    • Raised again after 48 mo — slower than the ~11 mo sector norm.
    • Round 7.0× smaller than the prior — bridge or down round.
    • 9 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~24mo cadence
$173K
Modeled next size est.range $173K$277K
0.1×
Last step-up
$1.4M/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
Michael Dempsey Winn7 other2017-09
Brian Eric Bayley4 other2017-09
TERENCE S ORTSLAN1 other2013-09
BRIAN S BAYLEY2013-09
DAVIE LINDSAY MILES2017-09
DEMETRIUS CHRISTMUT POHL2017-09
DOUGLAS G PERKINS2013-09
GERARD ERIC DE HERT2017-09
KYLE G APPLEBY2013-09
MICHAEL S WINN2013-09
SCOTT M HAND2013-09
TERENCE SRAB ORTSLAN2017-09
Registry & provenance

Legend 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
1274997
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
Lara Exploration LtdMining & ResourcesSeed$3.9M$591Knetwork1 shared operator · same sector
EMX Royalty CorpOtherSeries A$33.2M$96.9Mnetwork2 shared operators · same stage
Galantas Gold CorpMining & ResourcesSeries A$6.8M$612Ksame sector · same stage
Nuevo Silver Inc.Mining & ResourcesSeries A$7.1M$2.7Msame sector · same stage
Monarch Mining Corporation \ QuebecMining & ResourcesSeries A$4.5M$1.5Msame sector · same stage
Signal Gold Inc.Mining & ResourcesSeries A$7.7M$1.9Msame sector · same stage
Freeman Gold Corp.Mining & ResourcesSeries A$7.9M$845Ksame sector · same stage
ALCHEMIST MINING IncMining & ResourcesSeries A$8.4M$445Ksame 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
Gold Royalty Corp.Mining & ResourcesSeries B$118.8M89%
Gold Bull Resources Corp.Mining & ResourcesPre-Seed$2.1M89%
MARATHON GOLD CorpMining & ResourcesSeries B$92.4M87%
Omega Gold Corp.Mining & ResourcesPre-Seed$594K86%
Star Gold Corp.Mining & ResourcesSeed$5.8M86%
White Gold Corp.Mining & ResourcesSeed$5.0M86%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M86%
AU Gold Corp.Mining & ResourcesPre-Seed$1.1M86%
Frequently asked
How much funding has Legend Gold Corp raised?
Legend Gold Corp has raised approximately $5.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Legend Gold Corp's estimated valuation?
Provath's modeled valuation for Legend Gold Corp is approximately $757K (modeled range $224K–$4.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Legend Gold Corp at?
Legend Gold Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Sep 08.
What does Legend Gold Corp do and where is it based?
Legend Gold Corp operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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