Diligence memo · auto-generated · as of July 2, 2026
Orezone Gold Corp
Orezone Gold Corp looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Orezone 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
Orezone Gold Corp has raised $44M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $31M on 2018-04-09.
Most recent recorded round closed around 2022-06-02.
Valuation (modeled)modeled
Provath models Orezone Gold Corp at approximately $10M (range $5.7M–$28M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.13× the median modeled value of Series B Mining & Resources companies in 2022–2024 (13 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 25 months.
Last raise 4.1 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 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 96% of Mining & Resources peers (701 compared).
Modeled value ranks above 79% of those peers.
Closest niche peers: Sustainable Metals Solutions LLC, Crystal Mountain Gold Mine, Llc, Monetary Metals Bond III LLC, Gold Royalty Corp., Coeur Mining, Inc..
Peoplefiled
24 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.