Companies · Mining & Resources

NuLegacy Gold Corp

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

Diligence memoA one-page analyst read on NuLegacy Gold Corp — recommendation, valuation, rhythm, risks.
$14.0M
Total raised · real
18
Rounds
0.6×
Latest step-up
Top 15%
Sector rank · raised
Seed
Latest stage · inferred · Wed Aug 28 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

NuLegacy Gold Corp looks under-valued against its niche peers and is at-risk 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 0.11× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.
At-risk
  • Last raise 22 mo ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

NuLegacy Gold Corp behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
15.8 yr record
Peak capital year was 2016 with $4.7M across 2 filings.
Market position
ahead of 86% of Mining & Resources peers
Capital scale is ahead of 86% of Mining & Resources peers; modeled value is above 12% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2016: $4.7M across 2 filings.
  • Largest single filing was $3.3M on 2016-10-17.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

NuLegacy Gold Corp is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 86% 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
Rule 506(b)
Reg D exemption
6
Investors (latest)
2024-08-28
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$5.0M$10M$15M$20MPre-Seed · 2010-09-17 Raised $227K (real) Modeled valuation $1.5M (est)Pre-Seed2010Pre-Seed · 2010-09-17 Raised $247K (real) Modeled valuation $1.6M (est)Pre-Seed · 2010-09-17 Raised $276K (real) Modeled valuation $1.8M (est)Pre-Seed2010Pre-Seed · 2010-09-17 Raised $150K (real) Modeled valuation $1.0M (est)Pre-Seed · 2011-03-10 Raised $331K (real) Modeled valuation $2.2M (est)Pre-Seed2011Pre-Seed · 2011-12-05 Raised $340K (real) Modeled valuation $2.3M (est)Pre-Seed · 2011-12-23 Raised $517K (real) Modeled valuation $3.4M (est)Pre-Seed2011Pre-Seed · 2012-06-25 Raised $427K (real) Modeled valuation $2.9M (est)Pre-Seed · 2012-11-20 Raised $587K (real) Modeled valuation $3.9M (est)Pre-Seed2012Pre-Seed · 2013-04-11 Raised $752K (real) Modeled valuation $5.0M (est)Pre-Seed · 2013-11-12 Raised $396K (real) Modeled valuation $2.6M (est)Pre-Seed2013Pre-Seed · 2015-06-02 Raised $908K (real) Modeled valuation $6.1M (est)Seed · 2016-07-14 Raised $1.4M (real) Modeled valuation $7.5M (est)Seed2016Seed · 2016-10-17 Raised $3.3M (real) Modeled valuation $18M (est)Seed · 2018-07-19 Raised $419K (real) Modeled valuation $2.2M (est)Seed2018Seed · 2018-08-13 Raised $112K (real) Modeled valuation $602K (est)Seed · 2019-10-08 Raised $741K (real) Modeled valuation $4.0M (est)Seed2019Seed · 2020-05-29 Raised $1.0M (real) Modeled valuation $5.5M (est)Seed · 2021-01-15 Raised $2.1M (real) Modeled valuation $10M (est)Seed2021Seed · 2023-11-17 Raised $266K (real) Modeled valuation $797K (est)Seed · 2024-08-28 Raised $151K (real) Modeled valuation $395K (est)Seed2024Cumulative $15M

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$227K · 2010
Pre-Seed extension$247K · 2010
Pre-Seed extension$276K · 2010
Pre-Seed extension$150K · 2010
Pre-Seed extension$331K · 2011
Pre-Seed extension$340K · 2011
Pre-Seed extension$517K · 2011
Pre-Seed extension$427K · 2012
Pre-Seed extension$587K · 2012
Pre-Seed extension$752K · 2013
Pre-Seed extension$396K · 2013
Pre-Seed extension$908K · 2015
Seed$1.4M · 2016
Seed extension$3.3M · 2016
Seed extension$419K · 2018
Seed extension$112K · 2018
Seed extension$741K · 2019
Seed extension$1.0M · 2020
Seed extension$2.1M · 2021
Seed extension$266K · 2023
Seed extension$151K · 2024

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

Modeled valuation trajectory
$395K
Base estimate est.
$129K
Conservative case
$1.0M
Upside case
$756K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.5M · 2010-09-172010Pre-Seed · modeled $1.6M · 2010-09-17Pre-Seed · modeled $1.8M · 2010-09-17Pre-Seed · modeled $1.0M · 2010-09-17Pre-Seed · modeled $2.2M · 2011-03-10Pre-Seed · modeled $2.3M · 2011-12-05Pre-Seed · modeled $3.4M · 2011-12-23Pre-Seed · modeled $2.9M · 2012-06-25Pre-Seed · modeled $3.9M · 2012-11-20Pre-Seed · modeled $5.0M · 2013-04-11Pre-Seed · modeled $2.6M · 2013-11-12Pre-Seed · modeled $6.1M · 2015-06-02Seed · modeled $7.5M · 2016-07-14Seed · modeled $17.8M · 2016-10-17Seed · modeled $2.2M · 2018-07-19Seed · modeled $602K · 2018-08-13Seed · modeled $4.0M · 2019-10-08Seed · modeled $5.5M · 2020-05-29Seed · modeled $10.1M · 2021-01-15Seed · modeled $797K · 2023-11-17Seed · modeled $395K · 2024-08-282024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$1.0M/yr
Capital velocity
15.8 yr
On record since
2010
First round
21
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) 6.1× above median
This company$14.0M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$151K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$395K
Sector median$2.5M

Raised more than 86% of sector peers (real $). Modeled value above 12% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #62 of 63.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Medusa Mining Ltd · Seed Raised $3.8M · modeled $15.6M (est)HighGold Mining Inc. · Seed Raised $12.5M · modeled $13.2M (est)Modern Mining Technology Corp. · Seed Raised $3.3M · modeled $13.2M (est)Only Gold Development Ltd Liability Co · Seed Raised $3.5M · modeled $12.9M (est)Rex Gold Partners, LLC · Seed Raised $3.5M · modeled $12.7M (est)Cornish Metals Inc. · Seed Raised $3.2M · modeled $12.6M (est)Newport Mining LLC · Seed Raised $3.0M · modeled $11.6M (est)Quartz Lake Mining, Inc · Seed Raised $3.0M · modeled $10.0M (est)Transatlantic Gold, Corp. · Seed Raised $2.5M · modeled $9.5M (est)Military Metal Art HoldCo, LLC · Seed Raised $3.1M · modeled $8.8M (est)Snowline Gold Corp. · Seed Raised $3.1M · modeled $8.5M (est)Northern Vertex Mining Corp. · Seed Raised $2.8M · modeled $7.9M (est)NuLegacy Gold Corp (this company) Raised $14.0M · modeled $395K (est)NuLegacy Gold Corp
CompanyStageRaised · realValue · estvs peer med.
Medusa Mining LtdSeed$3.8M$15.6M4.35×
HighGold Mining Inc.Seed$12.5M$13.2M3.69×
Modern Mining Technology Corp.Seed$3.3M$13.2M3.68×
Only Gold Development Ltd Liability CoSeed$3.5M$12.9M3.59×
Rex Gold Partners, LLCSeed$3.5M$12.7M3.55×
Cornish Metals Inc.Seed$3.2M$12.6M3.51×
Newport Mining LLCSeed$3.0M$11.6M3.24×
Quartz Lake Mining, IncSeed$3.0M$10.0M2.79×
Transatlantic Gold, Corp.Seed$2.5M$9.5M2.65×
Military Metal Art HoldCo, LLCSeed$3.1M$8.8M2.45×
Snowline Gold Corp.Seed$3.1M$8.5M2.38×
Northern Vertex Mining Corp.Seed$2.8M$7.9M2.19×
NuLegacy Gold Corp this companySeed$14.0M$395K0.11×
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$227K2010-09-17$1.3M$1.5M85%
Pre-Seed$247K2010-09-17$1.4M$1.6M85%
Pre-Seed$276K2010-09-17$1.5M$1.8M85%
Pre-Seed$150K2010-09-17$834K$1.0M85%
Pre-Seed$331K2011-03-10$1.8M$2.2M85%
Pre-Seed$340K2011-12-05$1.9M$2.3M85%
Pre-Seed$517K2011-12-23$2.9M$3.4M85%
Pre-Seed$427K2012-06-25$2.4M$2.9M85%
Pre-Seed$587K2012-11-20$3.3M$3.9M85%
Pre-Seed$752K2013-04-11$4.2M$5.0M85%
Pre-Seed$396K2013-11-12$2.2M$2.6M85%
Pre-Seed$908K2015-06-02$5.0M$6.1M85%
Seed$1.4M2016-07-14$7.0M$7.5M85%
Seed$3.3M2016-10-17$16.6M$17.8M90%
Seed$419K2018-07-19$2.1M$2.2M90%
Seed$112K2018-08-13$561K$602K90%
Seed$741K2019-10-08$3.7M$4.0M90%
Seed$1.0M2020-05-29$5.1M$5.5M90%
Seed$2.1M2021-01-15$10.4M$10.1M90%
Seed$266K2023-11-17$1.3M$797K90%
Seed$151K2024-08-28$756K$395K90%
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$227K2010-09-17
    • First recorded raise — entered as Pre-Seed.
    • 8 investors on this round.
  2. Pre-Seed$247K2010-09-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  3. Pre-Seed$276K2010-09-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 13 investors on this round.
  4. Pre-Seed$150K2010-09-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  5. Pre-Seed$331K2011-03-10
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 3 investors on this round.
  6. Pre-Seed$340K2011-12-05
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  7. Pre-Seed$517K2011-12-23
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 28 investors on this round.
  8. Pre-Seed$427K2012-06-25
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  9. Pre-Seed$587K2012-11-20
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 6 investors on this round.
  10. Pre-Seed$752K2013-04-11
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  11. Pre-Seed$396K2013-11-12
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  12. Pre-Seed$908K2015-06-02
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 16 investors on this round.
  13. Seed$1.4M2016-07-14
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 14 investors on this round.
  14. Seed$3.3M2016-10-17
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 4 investors on this round.
  15. Seed$419K2018-07-19
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 7.9× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  16. Seed$112K2018-08-13
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  17. Seed$741K2019-10-08
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 6.6× larger than the prior — scaling up.
    • 8 investors on this round.
  18. Seed$1.0M2020-05-29
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 11 investors on this round.
  19. Seed$2.1M2021-01-15
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 16 investors on this round.
  20. Seed$266K2023-11-17
    • Raised again after 34 mo — slower than the ~11 mo sector norm.
    • Round 7.8× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  21. Seed$151K2024-08-28
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~8mo cadence
$151K
Modeled next size est.range $151K$242K
0.6×
Last step-up
$1.0M/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
James Anderson7 other2013-04
JOHN P.A. BUDRESKI5 other2018-07
Alex Davidson3 other2024-08
Xavier Wenzel3 other2024-08
Richard J. Wells2 other2015-06
Alan R. Hill1 other2018-07
Alexander J. Davidson1 other2016-10
James E. Anderson1 other2015-06
James T. Anderson1 other2012-11
Adrian C. Rothwell2013-04
Adrian I. Rothwell2012-11
Adrian W. Rothwell2011-03
Albert J. Matter2010-09
Albert Matter2013-04
Alexander C. Davidson2015-06
Alex C. Davidson2016-07
Arv C. Gupta2013-04
Arv I. Gupta2012-11
Arv W. Gupta2011-12
Danny L. Lee2018-07
David I. Awram2010-09
Dmitri W. Tymkiw2010-09
Edward L. Cope2018-07
Gregory P.A. Chu2023-11
Registry & provenance

NuLegacy Gold 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
1502758
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
Guanajuato Silver Co LtdMining & ResourcesSeries A$16.0M$3.1Mnetwork2 shared operators · same sector
Orca Gold Inc.Mining & ResourcesSeries A$12.1M$51.2Mnetwork1 shared operator · same sector
New Jersey Mining CoMining & ResourcesSeed$12.6M$3.0Msame sector · same stage
Scandium International Mining Corp.Mining & ResourcesSeed$12.4M$511Ksame sector · same stage
Chakana Copper Corp.Mining & ResourcesSeries A$8.9M$1.8Mnetwork1 shared operator · same sector
Goldgroup Mining Inc.Mining & ResourcesSeed$11.0M$1.1Msame sector · same stage
CellTech Metals Inc.Mining & ResourcesSeed$10.7M$890Ksame sector · same stage
Southern Silver Exploration CorpMining & ResourcesSeed$8.4M$361Ksame 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
Legend Gold CorpMining & ResourcesSeries A$757K83%
Tanzanian Gold CorpMining & ResourcesSeries A$57.9M82%
NV Gold CorpMining & ResourcesPre-Seed$698K82%
U.S. Gold Corp.Mining & ResourcesSeries B$115.0M82%
Gold Port CorpMining & ResourcesPre-Seed$417K82%
Deep Gold LLCMining & ResourcesSeed$5.8M82%
Stakeholder Gold Corp.Mining & ResourcesPre-Seed$1.4M82%
Pirate Gold Corp.Mining & ResourcesSeed$6.1M82%
Frequently asked
How much funding has NuLegacy Gold Corp raised?
NuLegacy Gold Corp has raised approximately $14.0M in disclosed capital across 18 recorded financing rounds, aggregated from public filings.
What is NuLegacy Gold Corp's estimated valuation?
Provath's modeled valuation for NuLegacy Gold Corp is approximately $395K (modeled range $129K–$1.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is NuLegacy Gold Corp at?
NuLegacy Gold Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Aug 28.
What does NuLegacy Gold Corp do and where is it based?
NuLegacy Gold Corp operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where NuLegacy Gold Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at NuLegacy Gold Corp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.