Diligence memo · auto-generated · as of July 2, 2026
Salares Lithium Inc.
Salares Lithium Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Salares Lithium Inc. operates in Other Energy, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Salares Lithium Inc. has raised $28M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $28M on 2010-08-19.
Most recent recorded round closed around 2010-08-19.
Valuation (modeled)modeled
Provath models Salares Lithium Inc. at approximately $328M (range $67M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.35× the median modeled value of Series B Other Energy companies in 2010–2012 (28 peers) — value vs value, same stage and era. Within the normal band (135% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 15.9 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 85% of Other Energy peers (2049 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Nexlube Operating Llc, OPX Biotechnologies Inc, Boulder Wind Power, Inc., Solar Power, Inc., Nexant, Inc.
Peoplefiled
6 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.