Diligence memo · auto-generated · as of July 2, 2026
NuLegacy Gold Corp
NuLegacy Gold Corp looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
NuLegacy Gold 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
NuLegacy Gold Corp has raised $14M in disclosed capital across 18 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.3M on 2016-10-17.
Most recent recorded round closed around 2024-08-28.
Valuation (modeled)modeled
Provath models NuLegacy Gold Corp at approximately $395K (range $129K–$1.0M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.11× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
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.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 86% of Mining & Resources peers (701 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.