Diligence memo · auto-generated · as of July 2, 2026
Mustang Energy Corp.
Mustang Energy Corp. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Mustang Energy Corp. operates in Energy / Climate, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mustang Energy Corp. has raised $195K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $195K on 2024-12-16.
Most recent recorded round closed around 2024-12-16.
Valuation (modeled)modeled
Provath models Mustang Energy Corp. at approximately $576K (range $121K–$1.7M). 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 Pre-Seed Energy / Climate companies in 2022–2024 (18 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 18 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 14% of Energy / Climate peers (235 compared).
Modeled value ranks above 9% of those peers.
Closest niche peers: Dynamo Energy Hub, Inc., Li-FT Power Ltd., Quauntum Green Energy Inc, MCF Energy Ltd., ANI Energy, LLC.
Peoplefiled
4 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.