Diligence memo · auto-generated · as of July 2, 2026
Mega Uranium Ltd.
Mega Uranium Ltd. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mega Uranium Ltd. operates in Mining & Resources, based in Toronto.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mega Uranium Ltd. has raised $3.1M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.5M on 2009-10-26.
Most recent recorded round closed around 2018-12-17.
Valuation (modeled)modeled
Provath models Mega Uranium Ltd. at approximately $2.4M (range $386K–$19M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.37× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 55 months.
Last raise 7.5 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 59% of Mining & Resources peers (701 compared).
Modeled value ranks above 51% of those peers.
Closest niche peers: Constantine Metal Resources Ltd., Superior Gold Inc., Bare Metal Standard Inc., Kenadyr Mining (Holdings) Corp, UltraConductive Copper Company, Inc..
Peoplefiled
19 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.