Companies · Mining & Resources

Telson Mining Corp

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

Diligence memoA one-page analyst read on Telson Mining Corp — recommendation, valuation, rhythm, risks.
$6.1M
Total raised · real
8
Rounds
0.9×
Latest step-up
Top 27%
Sector rank · raised
Seed
Latest stage · inferred · Fri Sep 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Telson Mining 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 0.53× 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 21 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.
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

Telson Mining Corp is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 74% of sector peers), and mid-pack 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
2
Investors (latest)
2024-09-20
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$2.5M$5.0M$7.5M$10MPre-Seed · 2017-06-13 Raised $808K (real) Modeled valuation $5.4M (est)Pre-Seed2017Pre-Seed · 2020-02-04 Raised $327K (real) Modeled valuation $2.2M (est)Pre-Seed2020Pre-Seed · 2020-07-09 Raised $302K (real) Modeled valuation $2.0M (est)Pre-Seed2020Pre-Seed · 2021-03-29 Raised $725K (real) Modeled valuation $4.1M (est)Pre-Seed2021Seed · 2022-04-20 Raised $1.1M (real) Modeled valuation $4.4M (est)Seed2022Pre-Seed · 2022-04-20 Raised $970K (real) Modeled valuation $4.2M (est)Pre-Seed2022Seed · 2023-04-25 Raised $1.2M (real) Modeled valuation $4.1M (est)Seed2023Seed · 2023-06-27 Raised $808K (real) Modeled valuation $2.6M (est)Seed2023Seed · 2024-09-20 Raised $735K (real) Modeled valuation $1.9M (est)Seed2024+$327K+$302K+$725K+$1.1M+$970K+$1.2M+$808K+$735KCumulative $7.0M

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$808K · 2017
Pre-Seed extension$327K · 2020
Pre-Seed extension$302K · 2020
Pre-Seed extension$725K · 2021
Seed$1.1M · 2022
Bridge · Seed-stage$970K · 2022smaller follow-on
Seed extension$1.2M · 2023
Seed extension$808K · 2023
Seed extension$735K · 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
$1.9M
Base estimate est.
$628K
Conservative case
$4.8M
Upside case
$3.7M
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 $5.4M · 2017-06-132017Pre-Seed · modeled $2.2M · 2020-02-04Pre-Seed · modeled $2.0M · 2020-07-09Pre-Seed · modeled $4.1M · 2021-03-29Seed · modeled $4.4M · 2022-04-20Pre-Seed · modeled $4.2M · 2022-04-20Seed · modeled $4.1M · 2023-04-25Seed · modeled $2.6M · 2023-06-27Seed · modeled $1.9M · 2024-09-202024
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
11 mo
Avg between rounds
$833K/yr
Capital velocity
9.1 yr
On record since
2017
First round
9
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) 2.6× above median
This company$6.1M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$735K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$1.9M
Sector median$2.5M

Raised more than 74% of sector peers (real $). Modeled value above 46% 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 #47 of 63.

This companyCohort peer
$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 $7.8M (est)Telson Mining Corp (this company) Raised $6.1M · modeled $1.9M (est)Telson Mining 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$7.8M2.19×
Telson Mining Corp this companySeed$6.1M$1.9M0.53×
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$808K2017-06-13$4.5M$5.4M90%
Pre-Seed$327K2020-02-04$1.8M$2.2M90%
Pre-Seed$302K2020-07-09$1.7M$2.0M90%
Pre-Seed$725K2021-03-29$4.0M$4.1M90%
Seed$1.1M2022-04-20$5.5M$4.4M90%
Pre-Seed$970K2022-04-20$5.4M$4.2M90%
Seed$1.2M2023-04-25$6.2M$4.1M90%
Seed$808K2023-06-27$4.0M$2.6M90%
Seed$735K2024-09-20$3.7M$1.9M90%
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$808K2017-06-13
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$327K2020-02-04
    • Raised again after 32 mo — slower than the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Pre-Seed$302K2020-07-09
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  4. Pre-Seed$725K2021-03-29
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 8 investors on this round.
  5. Seed$1.1M2022-04-20
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 11 investors on this round.
  6. Pre-Seed$970K2022-04-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  7. Seed$1.2M2023-04-25
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  8. Seed$808K2023-06-27
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  9. Seed$735K2024-09-20
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~11mo cadence
$735K
Modeled next size est.range $735K$1.2M
0.9×
Last step-up
$833K/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
Thomas Kelly8 other2022-04
Mark Bailey4 other2022-04
Mark H. Bailey3 other2023-04
Ralph Shearing3 other2017-06
Neil ` O'Brien2 other2024-09
Peter ` Damouni2 other2024-09
Armando Alexandri1 other2022-04
David Rhodes1 other2022-04
NATASCHA KIERNAN1 other2022-04
Neil A. O'Brien1 other2023-06
OMAR GARCIA1 other2020-02
OMAR GARCIA ABREGO1 other2020-07
Ramon Perez1 other2024-09
Roberto Guzman1 other2020-02
Armando A. Alexandri2023-04
Arturo Berlanga Bonillas2017-06
Christopher Richings2024-09
Dan Barnholden2024-09
David A. Rhodes2023-06
David H. Rhodes2023-04
Enrique Berlanga Margalef2017-06
ENRIQUE MARGALEF2020-02
Enrique Margalef Vergara2020-07
Israel Munoz2024-09
Registry & provenance

Telson Mining 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
1710052
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
Candelaria Mining Corp.Mining & ResourcesSeed$2.8M$1.4Mnetwork3 shared operators · same sector · same stage
Goldgroup Mining Inc.Mining & ResourcesSeed$11.0M$1.1Mnetwork2 shared operators · same sector · same stage
Empress Royalty Corp.OtherSeed$3.3M$9.6Mnetwork2 shared operators · same stage
Dynasty Metals & Mining IncOtherSeed$3.1M$44.3Mnetwork2 shared operators · same stage
GRP Minerals CorpMining & ResourcesSeries A$5.4M$3.9Mnetwork1 shared operator · same sector
Dore Copper Mining Corp.Mining & ResourcesSeed$5.9M$1.6Msame sector · same stage
Cabral Gold Inc.Mining & ResourcesSeed$6.4M$603Ksame sector · same stage
Kootenay Silver Inc.Mining & ResourcesSeed$5.7M$1.3Msame 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
Treasury Metals IncMining & ResourcesPre-Seed$705K85%
Ridgeline Minerals CorpMining & ResourcesSeed$2.5M83%
Modern Mining Technology Corp.Mining & ResourcesSeed$13.2M83%
Radisson Mining Resources Inc.Mining & ResourcesPre-Seed$2.3M83%
Silverco Mining Ltd.Mining & ResourcesSeries A$19.0M83%
Parallel Mining Corp.Mining & ResourcesPre-Seed$1.1M83%
American Pacific Mining CorpMining & ResourcesSeed$10.1M83%
Scandium International Mining Corp.Mining & ResourcesSeed$511K83%
Frequently asked
How much funding has Telson Mining Corp raised?
Telson Mining Corp has raised approximately $6.1M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Telson Mining Corp's estimated valuation?
Provath's modeled valuation for Telson Mining Corp is approximately $1.9M (modeled range $628K–$4.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Telson Mining Corp at?
Telson Mining Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Sep 20.
What does Telson Mining Corp do and where is it based?
Telson Mining Corp operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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

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