Diligence memo · auto-generated · as of July 3, 2026

Lion One Metals Ltd.

Lion One Metals Ltd. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Lion One Metals Ltd. operates in Mining & Resources, based in North Vancouver.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Lion One Metals Ltd. has raised $42M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $19M on 2016-09-16.

Most recent recorded round closed around 2025-10-23.

Valuation (modeled)modeled

Provath models Lion One Metals Ltd. at approximately $581K (range $372K–$809K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Mining & Resources companies in 2025–2027 (15 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 22 months.

Last raise 8 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 1.1× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 96% of Mining & Resources peers (701 compared).

Modeled value ranks above 19% of those peers.

Closest niche peers: Firefly Minerals, LLC, Tectonic Metals Inc., U.S. Gold Corp., Critical Metals Corp., NGEx Minerals Ltd..

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.