Companies · Mining & Resources

Transition Metals Corp.

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

Diligence memoA one-page analyst read on Transition Metals Corp. — recommendation, valuation, rhythm, risks.
$2.1M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 51%
Sector rank · raised
Seed
Latest stage · inferred · Thu Dec 07 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Transition Metals Corp. looks fair against its niche peers and is dormant 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.

Fair
  • Modeled value is 0.74× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
  • Within the normal band (74% of peer median) for its niche.
Dormant
  • Last raise 8.6 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Transition Metals Corp. is one of 701 Mining & Resources companies tracked from SUDBURY. By capital raised it ranks mid-pack (ahead of 50% 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
34
Investors (latest)
2017-12-07
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$10MSeed · 2014-04-15 Raised $1.2M (real) Modeled valuation $6.6M (est)$1.2M$6.6MSeed2014Seed · 2017-12-07 Raised $905K (real) Modeled valuation $4.9M (est)$905K$4.9MSeed2017+$905KCumulative $2.1M

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
Seed$1.2M · 2014
Seed extension$905K · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$4.9M
Base estimate est.
$774K
Conservative case
$38.1M
Upside case
$4.5M
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.

Seed · modeled $6.6M · 2014-04-152014Seed · modeled $4.9M · 2017-12-072017
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
6.0 yr
Elapsed time used
8.6 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
44 mo
Avg between rounds
$583K/yr
Capital velocity
12.2 yr
On record since
2014
First round
2
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) 0.9× of median
This company$2.1M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$905K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 1.9× above median
This company$4.9M
Sector median$2.5M

Raised more than 50% of sector peers (real $). Modeled value above 65% 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 #17 of 23.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Constantine Metal Resources Ltd. · Seed Raised $3.5M · modeled $18.7M (est)Superior Gold Inc. · Seed Raised $4.1M · modeled $17.8M (est)Bare Metal Standard Inc. · Seed Raised $6.0M · modeled $16.1M (est)Kenadyr Mining (Holdings) Corp · Seed Raised $2.3M · modeled $12.3M (est)UltraConductive Copper Company, Inc. · Seed Raised $2.2M · modeled $11.6M (est)Honey Gold Processing Llc · Seed Raised $2.0M · modeled $10.7M (est)National Silver-Lead Mining Co · Seed Raised $2.4M · modeled $10.7M (est)Liquid Gold, LLC · Seed Raised $1.9M · modeled $10.2M (est)Antipa Minerals Ltd · Seed Raised $1.5M · modeled $8.1M (est)Quasar Mining Group, Inc. · Seed Raised $1.4M · modeled $7.6M (est)Discovery Metals Corp. · Seed Raised $1.3M · modeled $6.8M (est)Caracara Silver Inc. · Seed Raised $1.2M · modeled $6.5M (est)Transition Metals Corp. (this company) Raised $2.1M · modeled $4.9M (est)Transition Metals Corp.
CompanyStageRaised · realValue · estvs peer med.
Constantine Metal Resources Ltd.Seed$3.5M$18.7M2.87×
Superior Gold Inc.Seed$4.1M$17.8M2.73×
Bare Metal Standard Inc.Seed$6.0M$16.1M2.47×
Kenadyr Mining (Holdings) CorpSeed$2.3M$12.3M1.88×
UltraConductive Copper Company, Inc.Seed$2.2M$11.6M1.78×
Honey Gold Processing LlcSeed$2.0M$10.7M1.64×
National Silver-Lead Mining CoSeed$2.4M$10.7M1.64×
Liquid Gold, LLCSeed$1.9M$10.2M1.56×
Antipa Minerals LtdSeed$1.5M$8.1M1.24×
Quasar Mining Group, Inc.Seed$1.4M$7.6M1.17×
Discovery Metals Corp.Seed$1.3M$6.8M1.04×
Caracara Silver Inc.Seed$1.2M$6.5M1.00×
Transition Metals Corp. this companySeed$2.1M$4.9M0.74×
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.
Seed$1.2M2014-04-15$6.1M$6.6M85%
Seed$905K2017-12-07$4.5M$4.9M90%
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. Seed$1.2M2014-04-15
    • First recorded raise — entered as Seed.
    • 93 investors on this round.
  2. Seed$905K2017-12-07
    • Raised again after 44 mo — slower than the ~11 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 34 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~44mo cadence
$905K
Modeled next size est.range $905K$1.4M
0.7×
Last step-up
$583K/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
Greg Collins3 other2014-04
William Pearson3 other2014-04
Brian Montgomery1 other2014-04
Chris Chadder1 other2014-04
Jason Marks2014-04
Jon Baird2014-04
Scott McLean2014-04
Steven Vaughan2014-04
Thomas Atkins2014-04
Registry & provenance

Transition Metals 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
1606827
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
Sitka Gold Corp.Mining & ResourcesSeed$2.1M$4.8Msame sector · same stage
Coppernico Metals Inc.Mining & ResourcesSeed$2.2M$3.5Msame sector · same stage
Karus Mining Inc.Mining & ResourcesSeed$2.2M$4.5Msame sector · same stage
Idaho Copper CorpMining & ResourcesSeed$2.2M$6.5Msame sector · same stage
Royal Mines & Minerals CorpMining & ResourcesSeed$2.0M$644Ksame sector · same stage
New Pacific Metals CorpMining & ResourcesSeed$2.2M$3.7Msame sector · same stage
Revival Gold Amalgamation Corp.Mining & ResourcesSeed$2.0M$5.6Msame sector · same stage
Comstock Metals Ltd.Mining & ResourcesSeed$2.0M$6.1Msame 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
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M89%
Key Metals Corp.Mining & ResourcesSeries A$8.3M88%
Critical Metals Corp.Mining & ResourcesSeries B$94.3M87%
Sun Metals Corp.Mining & ResourcesPre-Seed$898K87%
European Energy Metals Corp.Mining & ResourcesPre-Seed$442K87%
TRU Precious Metals Corp.Mining & ResourcesPre-Seed$1.5M87%
US Critical Metals Corp.Mining & ResourcesPre-Seed$3.6M86%
Scientific Metals Corp.Mining & ResourcesPre-Seed$1.1M86%
Frequently asked
How much funding has Transition Metals Corp. raised?
Transition Metals Corp. has raised approximately $2.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Transition Metals Corp.'s estimated valuation?
Provath's modeled valuation for Transition Metals Corp. is approximately $4.9M (modeled range $774K–$38.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Transition Metals Corp. at?
Transition Metals Corp.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Dec 07.
What does Transition Metals Corp. do and where is it based?
Transition Metals Corp. operates in the Mining & Resources sector, based in SUDBURY.
Explore related

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