Lion Copper & Gold Corp. looks under-valued against its niche peers and is active on financing cadence.
Raised $37M across 20 disclosed rounds, last modeled as Series A (a $4.0M–$15M round).
Modeled value is 0.56× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Valued on the extractive profile — its sector's growth and survival benchmarks differ from the market default, so the same raise is worth more or less here.
Last raise 8 mo ago; this sector typically re-raises about every 11 months.
Latest round stepped up 1.0× from the prior — scaling.
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 0.56× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Active
Last raise 8 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
Issuer-vehicle patternmedium confidence
Lion Copper & Gold Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
17.7 yr record
Peak capital year was 2009 with $13.7M across 2 filings.
Market position
ahead of 95% of Mining & Resources peers
Capital scale is ahead of 95% of Mining & Resources peers; modeled value is above 74% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
No clearly named CEO/founder/principal role in the public records surfaced here.
No verified homepage on the profile yet.
Capital program peaked in 2009: $13.7M across 2 filings.
Largest single filing was $8.4M on 2009-09-29.
Filing rows sum to $51.6M, while canonical raised total is $36.6M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
Read this less like a startup funding journey and more like a capital-raising program.
Stage-based valuation and peer labels have lower applicability for this pattern.
The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Canonical filtering should be tightened before using row-level totals for diligence.
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
Lion Copper & Gold Corp. is one of 701 Mining & Resources companies tracked from YERINGTON. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
6
Investors (latest)
2025-11-06
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
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
Seed$1.2M · 2008
Seed extension$3.8M · 2008
Seed extension$2.6M · 2008
Series A$5.3M · 2009
Series A extension$8.4M · 2009
Series A extension$2.6M · 2010
Series A extension$2.3M · 2012
Series A extension$2.8M · 2013
Series A extension$500K · 2014
Series A extension$100K · 2017
Series A extension$550K · 2018
Bridge · Series A-stage$1.5M · 2021smaller follow-on
Series A extension$1.5M · 2021
Series A extension$488K · 2021
Series A extension$657K · 2021
Bridge · Series A-stage$657K · 2021smaller follow-on
Series A extension$1.1M · 2022
Bridge · Series A-stage$1.1M · 2022smaller follow-on
Series A extension$750K · 2022
Series A extension$1.3M · 2023
Series A extension$942K · 2024
Series A extension$2.8M · 2024
Series A extension$2.3M · 2024
Series A extension$1.1M · 2024
Series A extension$2.7M · 2025
Bridge · Series A-stage$2.7M · 2025smaller follow-on
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Modeled valuation trajectory
$6.9M
Base estimate est.
$3.5M
Conservative case
$10.9M
Upside case
$12.3M
Modeled post-money
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
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
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$2.2M/yr
Capital velocity
17.7 yr
On record since
2008
First round
26
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)▲ 16× above median
This company$36.6M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage)▼ 0.6× of median
This company$2.7M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages)▲ 2.7× above median
This company$6.9M
Sector median$2.5M
Raised more than 95% of sector peers (real $). Modeled value above 74% 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 valueest. (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 #28 of 40.
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.
Stage
Amount · real
Announced
Post-money · est
Value · est
Conf.
Seed
$1.2M
2008-10-28
$5.8M
$6.2M
85%
Seed
$3.8M
2008-10-28
$18.9M
$20.3M
85%
Seed
$2.6M
2008-11-28
$13.1M
$14.1M
85%
Series A
$5.3M
2009-09-29
$24.1M
$23.2M
85%
Series A
$8.4M
2009-09-29
$38.4M
$36.9M
85%
Series A
$2.6M
2010-10-27
$11.6M
$11.2M
85%
Series A
$2.3M
2012-12-28
$10.4M
$10.0M
85%
Series A
$2.8M
2013-09-13
$12.9M
$12.4M
85%
Series A
$500K
2014-07-02
$2.3M
$2.2M
85%
Series A
$100K
2017-01-02
$455K
$437K
90%
Series A
$550K
2018-08-28
$2.5M
$2.4M
90%
Seed
$1.5M
2021-09-13
$7.3M
$6.4M
90%
Series A
$1.5M
2021-09-13
$6.6M
$5.7M
90%
Series A
$488K
2021-09-27
$2.2M
$1.9M
90%
Series A
$657K
2021-10-21
$3.0M
$2.5M
90%
Pre-Seed
$657K
2021-10-21
$3.6M
$3.2M
90%
Series A
$1.1M
2022-06-17
$4.9M
$3.9M
90%
Seed
$1.1M
2022-06-17
$5.4M
$4.1M
90%
Series A
$750K
2022-07-08
$3.4M
$2.7M
90%
Series A
$1.3M
2023-03-02
$5.9M
$4.3M
90%
Series A
$942K
2024-02-16
$4.3M
$2.8M
90%
Series A
$2.8M
2024-03-08
$12.7M
$8.4M
90%
Series A
$2.3M
2024-09-19
$10.4M
$6.5M
90%
Series A
$1.1M
2024-11-08
$5.1M
$3.2M
90%
Series A
$2.7M
2025-11-06
$12.3M
$6.9M
90%
Seed
$2.7M
2025-11-06
$13.5M
$5.7M
90%
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.
Seed$1.2M2008-10-28
First recorded raise — entered as Seed.
Seed$3.8M2008-10-28
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 3.3× larger than the prior — scaling up.
69 investors on this round.
Seed$2.6M2008-11-28
Came back fast: 1 mo vs the ~11 mo sector norm.
Round 1.4× smaller than the prior — bridge or down round.
Series A$5.3M2009-09-29
Raised 10 mo later, in step with the ~11 mo sector norm.
Round 2.0× larger than the prior — scaling up.
94 investors on this round.
Series A$8.4M2009-09-29
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.6× larger than the prior — scaling up.
199 investors on this round.
Series A$2.6M2010-10-27
Raised 13 mo later, in step with the ~11 mo sector norm.
Round 3.3× smaller than the prior — bridge or down round.
1 investor on this round.
Series A$2.3M2012-12-28
Raised again after 26 mo — slower than the ~11 mo sector norm.
Round roughly the size of the prior one.
12 investors on this round.
Series A$2.8M2013-09-13
Raised 9 mo later, in step with the ~11 mo sector norm.
Round roughly the size of the prior one.
Switched to Rule 506(b) (was Rule 06).
68 investors on this round.
Series A$500K2014-07-02
Raised 10 mo later, in step with the ~11 mo sector norm.
Round 5.7× smaller than the prior — bridge or down round.
3 investors on this round.
Series A$100K2017-01-02
Raised again after 30 mo — slower than the ~11 mo sector norm.
Round 5.0× smaller than the prior — bridge or down round.
1 investor on this round.
Series A$550K2018-08-28
Raised again after 20 mo — slower than the ~11 mo sector norm.
Round 5.5× larger than the prior — scaling up.
3 investors on this round.
Seed$1.5M2021-09-13
Raised again after 37 mo — slower than the ~11 mo sector norm.
Round 2.7× larger than the prior — scaling up.
19 investors on this round.
Series A$1.5M2021-09-13
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
19 investors on this round.
Series A$488K2021-09-27
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 3.0× smaller than the prior — bridge or down round.
7 investors on this round.
Series A$657K2021-10-21
Came back fast: 1 mo vs the ~11 mo sector norm.
Round 1.3× larger than the prior — scaling up.
10 investors on this round.
Pre-Seed$657K2021-10-21
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
10 investors on this round.
Series A$1.1M2022-06-17
Raised 8 mo later, in step with the ~11 mo sector norm.
Round 1.6× larger than the prior — scaling up.
5 investors on this round.
Seed$1.1M2022-06-17
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
5 investors on this round.
Series A$750K2022-07-08
Came back fast: 1 mo vs the ~11 mo sector norm.
Round 1.4× smaller than the prior — bridge or down round.
6 investors on this round.
Series A$1.3M2023-03-02
Raised 8 mo later, in step with the ~11 mo sector norm.
Round 1.7× larger than the prior — scaling up.
7 investors on this round.
Series A$942K2024-02-16
Raised 12 mo later, in step with the ~11 mo sector norm.
Round 1.4× smaller than the prior — bridge or down round.
11 investors on this round.
Series A$2.8M2024-03-08
Came back fast: 1 mo vs the ~11 mo sector norm.
Round 3.0× larger than the prior — scaling up.
4 investors on this round.
Series A$2.3M2024-09-19
Raised 6 mo later, in step with the ~11 mo sector norm.
Round roughly the size of the prior one.
2 investors on this round.
Series A$1.1M2024-11-08
Came back fast: 2 mo vs the ~11 mo sector norm.
Round 2.0× smaller than the prior — bridge or down round.
8 investors on this round.
Series A$2.7M2025-11-06
Raised 12 mo later, in step with the ~11 mo sector norm.
Round 2.4× larger than the prior — scaling up.
6 investors on this round.
Seed$2.7M2025-11-06
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
6 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~8mo cadence
$2.7M
Modeled next size est.range $2.7M–$4.3M
1.0×
Last step-up
$2.2M/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.
Lion Copper & 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
1339688
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.
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.
How much funding has Lion Copper & Gold Corp. raised?
Lion Copper & Gold Corp. has raised approximately $36.6M in disclosed capital across 20 recorded financing rounds, aggregated from public filings.
What is Lion Copper & Gold Corp.'s estimated valuation?
Provath's modeled valuation for Lion Copper & Gold Corp. is approximately $6.9M (modeled range $3.5M–$10.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lion Copper & Gold Corp. at?
Lion Copper & Gold Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Nov 06.
What does Lion Copper & Gold Corp. do and where is it based?
Lion Copper & Gold Corp. operates in the Mining & Resources sector, based in YERINGTON.
Explore related
See where Lion Copper & Gold Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Lion Copper & Gold Corp., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.