Companies · Mining & Resources

LITHIUM SOUTH DEVELOPMENT Corp

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

Diligence memoA one-page analyst read on LITHIUM SOUTH DEVELOPMENT Corp — recommendation, valuation, rhythm, risks.
$847K
Total raised · real
4
Rounds
1.0×
Latest step-up
Top 70%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Oct 26 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

LITHIUM SOUTH DEVELOPMENT 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 0.36× the median modeled value of Pre-Seed Mining & Resources companies in 2019–2021 (82 peers) — value vs value, same stage and era.
  • Issuer reports $25M–$100M revenue while modeled below niche peers.
Dormant
  • Last raise 4.7 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

LITHIUM SOUTH DEVELOPMENT Corp is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 31% 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
$25M–$100M
Issuer revenue
Rule 506(b)
Reg D exemption
3
Investors (latest)
2021-10-26
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2019-07-31 Raised $142K (real) Modeled valuation $948K (est)$142K$948KPre-Seed2019Pre-Seed · 2020-04-01 Raised $222K (real) Modeled valuation $1.5M (est)$222K$1.5MPre-Seed2020Pre-Seed · 2021-01-18 Raised $378K (real) Modeled valuation $2.2M (est)$378K$2.2MPre-Seed2021Pre-Seed · 2021-10-26 Raised $105K (real) Modeled valuation $512K (est)$105K$512KPre-Seed2021Pre-Seed · 2021-10-26 Raised $105K (real) Modeled valuation $512K (est)$105K$512KPre-Seed2021+$222K+$378K+$105K+$105KCumulative $952K

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$142K · 2019
Pre-Seed extension$222K · 2020
Pre-Seed extension$378K · 2021
Pre-Seed extension$105K · 2021
Pre-Seed extension$105K · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$512K
Base estimate est.
$67K
Conservative case
$3.9M
Upside case
$585K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $948K · 2019-07-312019Pre-Seed · modeled $1.5M · 2020-04-01Pre-Seed · modeled $2.2M · 2021-01-18Pre-Seed · modeled $512K · 2021-10-26Pre-Seed · modeled $512K · 2021-10-262021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$378K/yr
Capital velocity
6.9 yr
On record since
2019
First round
5
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) 0.4× of median
This company$847K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.4× of median
This company$105K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$512K
Sector median$2.5M

Raised more than 31% of sector peers (real $). Modeled value above 17% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #82 of 82.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Kuya Silver Corp. · Pre-Seed Raised $858K · modeled $5.6M (est)Apex Mining, LLC · Pre-Seed Raised $1.0M · modeled $5.5M (est)Metals House Inc. · Pre-Seed Raised $1.0M · modeled $5.5M (est)Contact Gold Corp. · Pre-Seed Raised $810K · modeled $5.4M (est)Frontier Lithium Inc. · Pre-Seed Raised $2.6M · modeled $5.3M (est)Kona Gold Beverage, Inc. · Pre-Seed Raised $1.4M · modeled $5.2M (est)Nevada Canyon Gold Corp. · Pre-Seed Raised $1.4M · modeled $5.0M (est)Magna Gold Corp. · Pre-Seed Raised $1.6M · modeled $5.0M (est)Richmond Minerals Inc. · Pre-Seed Raised $901K · modeled $4.9M (est)US Digital Mining Corp. · Pre-Seed Raised $1.0M · modeled $4.7M (est)Prime Mining Corp. · Pre-Seed Raised $691K · modeled $4.6M (est)Red Metal Resources, Ltd. · Pre-Seed Raised $1.9M · modeled $4.2M (est)LITHIUM SOUTH DEVELOPMENT Corp (this company) Raised $847K · modeled $512K (est)LITHIUM SOUTH DEVELOPMENT Corp
CompanyStageRaised · realValue · estvs peer med.
Kuya Silver Corp.Pre-Seed$858K$5.6M3.93×
Apex Mining, LLCPre-Seed$1.0M$5.5M3.86×
Metals House Inc.Pre-Seed$1.0M$5.5M3.81×
Contact Gold Corp.Pre-Seed$810K$5.4M3.76×
Frontier Lithium Inc.Pre-Seed$2.6M$5.3M3.66×
Kona Gold Beverage, Inc.Pre-Seed$1.4M$5.2M3.60×
Nevada Canyon Gold Corp.Pre-Seed$1.4M$5.0M3.51×
Magna Gold Corp.Pre-Seed$1.6M$5.0M3.48×
Richmond Minerals Inc.Pre-Seed$901K$4.9M3.44×
US Digital Mining Corp.Pre-Seed$1.0M$4.7M3.24×
Prime Mining Corp.Pre-Seed$691K$4.6M3.21×
Red Metal Resources, Ltd.Pre-Seed$1.9M$4.2M2.94×
LITHIUM SOUTH DEVELOPMENT Corp this companyPre-Seed$847K$512K0.36×
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$142K2019-07-31$789K$948K90%
Pre-Seed$222K2020-04-01$1.2M$1.5M90%
Pre-Seed$378K2021-01-18$2.1M$2.2M90%
Pre-Seed$105K2021-10-26$585K$512K90%
Pre-Seed$105K2021-10-26$585K$512K90%
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$142K2019-07-31
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$222K2020-04-01
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 1 investor on this round.
  3. Pre-Seed$378K2021-01-18
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 7 investors on this round.
  4. Pre-Seed$105K2021-10-26
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 3.6× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $25M–$100M.
    • 3 investors on this round.
  5. Pre-Seed$105K2021-10-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~7mo cadence
$105K
Modeled next size est.range $105K$169K
1.0×
Last step-up
$378K/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
Christopher Cherry9 other2019-07
Gordon Neal8 other2019-07
Christopher P. Cherry4 other2020-04
Adrian Hobkirk2 other2019-07
Chisaki Janice Urata2 other2020-04
Allen Ambrose1 other2019-07
Fernando Erik Villarroel Alcoceer1 other2020-04
Alison Janice Xiao Tian Dai2020-04
Alison Kenneth Xiao Tian2021-01
Alison Xiao Tian Dai2019-07
Allen P Ambrose2021-01
Fernando Alcoceer2019-07
Gordon Janice Neal2020-04
Gordon Kenneth Neal2021-01
Janice Urata2019-07
Yi Hua Dai2021-10
Registry & provenance

LITHIUM SOUTH DEVELOPMENT 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
1643715
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
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Angel Gold Corp.Mining & ResourcesPre-Seed$1.1M$390Knetwork2 shared operators · same sector · same stage
Oz Lithium CorpMining & ResourcesPre-Seed$103K$666Knetwork2 shared operators · same sector · same stage
Tincorp Metals Inc.Mining & ResourcesPre-Seed$836K$1000Knetwork1 shared operator · same sector · same stage
Harvest Gold CorpMining & ResourcesPre-Seed$734K$627Knetwork1 shared operator · same sector · same stage
Netcents Technology Inc.Software / TechPre-Seed$629K$7.7Mnetwork2 shared operators · same stage
American Metal LLCMining & ResourcesPre-Seed$850K$2.4Msame sector · same stage
Silver47 Exploration Corp.Mining & ResourcesPre-Seed$850K$765Ksame 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
Lithium Africa Corp.Mining & ResourcesSeed$440K89%
Lithium Africa Resources Corp.Mining & ResourcesSeed$479K88%
Lithium Ionic Corp.Mining & ResourcesSeries A$17.1M88%
United Lithium Corp.Mining & ResourcesPre-Seed$361K88%
Next Lithium Corp.Mining & ResourcesSeed$611K87%
ALPHA LITHIUM CorpMining & ResourcesPre-Seed$1.2M87%
Sigma Lithium Resources CorpMining & ResourcesSeed$8.3M87%
Lithium Werks Group B.V.Mining & ResourcesSeries A$43.1M86%
Frequently asked
How much funding has LITHIUM SOUTH DEVELOPMENT Corp raised?
LITHIUM SOUTH DEVELOPMENT Corp has raised approximately $847K in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is LITHIUM SOUTH DEVELOPMENT Corp's estimated valuation?
Provath's modeled valuation for LITHIUM SOUTH DEVELOPMENT Corp is approximately $512K (modeled range $67K–$3.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is LITHIUM SOUTH DEVELOPMENT Corp at?
LITHIUM SOUTH DEVELOPMENT Corp's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Oct 26.
What does LITHIUM SOUTH DEVELOPMENT Corp do and where is it based?
LITHIUM SOUTH DEVELOPMENT Corp operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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