Diligence memo · auto-generated · as of July 2, 2026
Military Metals Corp.
Military Metals Corp. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Military Metals Corp. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Military Metals Corp. has raised $300K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $195K on 2022-08-04.
Most recent recorded round closed around 2024-12-16.
Valuation (modeled)modeled
Provath models Military Metals Corp. at approximately $241K (range $67K–$707K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.34× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 28 months.
Last raise 18 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 17% of Mining & Resources peers (701 compared).
Modeled value ranks above 6% of those peers.
Closest niche peers: CMC Metals Ltd., Blueprint Mining I LLC, US Critical Metals Corp., Infinitum Copper Corp., Advanced Gold Exploration Inc..
Peoplefiled
11 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.