Companies · Mining & Resources

Liberty Gold Corp. /CAN

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

Diligence memoA one-page analyst read on Liberty Gold Corp. /CAN — recommendation, valuation, rhythm, risks.
$10.5M
Total raised · real
3
Rounds
12.1×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Fri May 17 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Liberty Gold Corp. /CAN looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 3.26× the median modeled value of Series A Mining & Resources companies in 2022–2024 (40 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.1 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.
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

Liberty Gold Corp. /CAN is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and among the largest 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
37
Investors (latest)
2024-05-17
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$13M$25M$38M$50MPre-Seed · 2018-10-02 Raised $520K (real) Modeled valuation $3.5M (est)$520K$3.5MPre-Seed2018Pre-Seed · 2019-09-10 Raised $761K (real) Modeled valuation $5.1M (est)$761K$5.1MPre-Seed2019Series A · 2024-05-17 Raised $9.2M (real) Modeled valuation $27M (est)$9.2M$27MSeries A2024+$761K+$9.2MCumulative $10M

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$520K · 2018
Pre-Seed extension$761K · 2019
Series A$9.2M · 2024no Seed on file

Stages are modeled from round size (public records carry no series label). No record for: 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
$27.1M
Base estimate est.
$11.9M
Conservative case
$60.2M
Upside case
$41.7M
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.

Pre-Seed · modeled $3.5M · 2018-10-022018Pre-Seed · modeled $5.1M · 2019-09-10Series A · modeled $27.1M · 2024-05-172024
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
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
34 mo
Avg between rounds
$1.9M/yr
Capital velocity
7.8 yr
On record since
2018
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) 4.6× above median
This company$10.5M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.2× above median
This company$9.2M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 11× above median
This company$27.1M
Sector median$2.5M

Raised more than 81% of sector peers (real $). Modeled value above 91% 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 #8 of 40.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)360 Mining, Inc. · Series A Raised $12.8M · modeled $43.7M (est)Arizona Sonoran Copper Co Inc. · Series A Raised $11.1M · modeled $35.5M (est)Reunion Gold Corp · Series A Raised $19.8M · modeled $34.8M (est)American Strategic Metals Corp. · Series A Raised $11.4M · modeled $34.4M (est)MERIT Mining Ohio, LLC · Series A Raised $10.0M · modeled $33.9M (est)Northern Dynasty Minerals Ltd · Series A Raised $23.2M · modeled $31.0M (est)Monetary Metals Bond II, LLC · Series A Raised $8.5M · modeled $29.2M (est)Silver Tiger Metals Inc. · Series A Raised $7.6M · modeled $25.1M (est)Filo Mining Corp. · Series A Raised $7.5M · modeled $24.2M (est)Allied Gold Corp · Series A Raised $6.9M · modeled $21.8M (est)Contango ORE, Inc. · Series A Raised $5.7M · modeled $19.3M (est)Liberty Gold Corp. /CAN (this company) Raised $10.5M · modeled $27.1M (est)Liberty Gold Corp. /CAN
CompanyStageRaised · realValue · estvs peer med.
360 Mining, Inc.Series A$12.8M$43.7M5.25×
Arizona Sonoran Copper Co Inc.Series A$11.1M$35.5M4.28×
Reunion Gold CorpSeries A$19.8M$34.8M4.19×
American Strategic Metals Corp.Series A$11.4M$34.4M4.14×
MERIT Mining Ohio, LLCSeries A$10.0M$33.9M4.08×
Northern Dynasty Minerals LtdSeries A$23.2M$31.0M3.73×
Monetary Metals Bond II, LLCSeries A$8.5M$29.2M3.52×
Liberty Gold Corp. /CAN this companySeries A$10.5M$27.1M3.26×
Silver Tiger Metals Inc.Series A$7.6M$25.1M3.02×
Filo Mining Corp.Series A$7.5M$24.2M2.91×
Allied Gold CorpSeries A$6.9M$21.8M2.62×
Contango ORE, Inc.Series A$5.7M$19.3M2.33×
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$520K2018-10-02$2.9M$3.5M90%
Pre-Seed$761K2019-09-10$4.2M$5.1M90%
Series A$9.2M2024-05-17$41.7M$27.1M90%
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$520K2018-10-02
    • First recorded raise — entered as Pre-Seed.
    • 36 investors on this round.
  2. Pre-Seed$761K2019-09-10
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 1 investor on this round.
  3. Series A$9.2M2024-05-17
    • Raised again after 56 mo — slower than the ~11 mo sector norm.
    • Round 12.1× larger than the prior — scaling up.
    • 37 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~34mo cadence
$27.5M
Modeled next size est.range $17.9M$44.1M
12.1×
Last step-up
$1.9M/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
Donald McInnes5 other2018-10
MARK O'DEA4 other2018-10
Sean Tetzlaff3 other2018-10
Greg Etter1 other2024-05
Moira Smith1 other2018-10
Rob Pease1 other2018-10
Wendy Louie1 other2024-05
Barbara Womersley2024-05
Calvin Everett2018-10
Darin Smith2024-05
Joanna Bailey2018-10
Jonathan Gilligan2024-05
Lisa Wade2024-05
Peter Shabestari2024-05
Registry & provenance

Liberty Gold Corp. /CAN 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
1755191
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
Pure Gold Mining Inc.Mining & ResourcesSeries A$4.4M$19.3Mnetwork2 shared operators · same sector · same stage
Sun Metals Corp.Mining & ResourcesPre-Seed$865K$899Knetwork3 shared operators · same sector
Blue Gold Mining Inc.OtherSeries A$4.3M$65.3Mnetwork3 shared operators · same stage
Arizona Sonoran Copper Co Inc.Mining & ResourcesSeries A$11.1M$35.5Mnetwork1 shared operator · same sector · same stage
Mines.Io Inc.Mining & ResourcesSeries A$10.4M$32.2Msame sector · same stage
Gold Flora, LLCMining & ResourcesSeries A$10.3M$42.0Msame sector · same stage
Bear Creek Mining CorpMining & ResourcesSeries A$10.2M$1.7Msame sector · same stage
Trilogy Metals Inc.Mining & ResourcesSeries A$10.7M$10.6Msame 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
Magna Gold Corp.Mining & ResourcesPre-Seed$5.0M90%
Independence Gold Corp.Mining & ResourcesSeed$361K88%
Liberty Star Uranium & Metals Corp.Mining & ResourcesSeries A$18.9M86%
Mayfair Gold Corp.Mining & ResourcesSeed$7.3M86%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M85%
Golden Independence Mining Corp.Mining & ResourcesPre-Seed$1.0M85%
AU Gold Corp.Mining & ResourcesPre-Seed$1.1M85%
Liquid Gold, LLCMining & ResourcesSeed$10.2M85%
Frequently asked
How much funding has Liberty Gold Corp. /CAN raised?
Liberty Gold Corp. /CAN has raised approximately $10.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Liberty Gold Corp. /CAN's estimated valuation?
Provath's modeled valuation for Liberty Gold Corp. /CAN is approximately $27.1M (modeled range $11.9M–$60.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Liberty Gold Corp. /CAN at?
Liberty Gold Corp. /CAN's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri May 17.
What does Liberty Gold Corp. /CAN do and where is it based?
Liberty Gold Corp. /CAN operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where Liberty Gold Corp. /CAN sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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