Companies · Mining & Resources

Trillium Gold Mines Inc.

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

Diligence memoA one-page analyst read on Trillium Gold Mines Inc. — recommendation, valuation, rhythm, risks.
$758K
Total raised · real
4
Rounds
1.1×
Latest step-up
Top 72%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Sep 22 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Trillium Gold Mines Inc. looks fair 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.

Fair
  • Modeled value is 1.23× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
  • Within the normal band (123% of peer median) for its niche.
At-risk
  • Last raise 3.8 yr 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

Trillium Gold Mines Inc. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 29% of sector peers), and in the long tail 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
1
Investors (latest)
2022-09-22
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$500K$1.0M$1.5M$2.0MPre-Seed · 2020-05-05 Raised $214K (real) Modeled valuation $1.4M (est)$214K$1.4MPre-Seed2020Pre-Seed · 2020-10-02 Raised $113K (real) Modeled valuation $708K (est)$113K$708KPre-Seed2020Pre-Seed · 2022-03-02 Raised $209K (real) Modeled valuation $936K (est)$209K$936KPre-Seed2022Pre-Seed · 2022-09-22 Raised $223K (real) Modeled valuation $871K (est)$223K$871KPre-Seed2022+$113K+$209K+$223KCumulative $758K

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$214K · 2020
Pre-Seed extension$113K · 2020
Pre-Seed extension$209K · 2022
Pre-Seed extension$223K · 2022

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$871K
Base estimate est.
$141K
Conservative case
$5.0M
Upside case
$1.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.4M · 2020-05-052020Pre-Seed · modeled $708K · 2020-10-02Pre-Seed · modeled $936K · 2022-03-02Pre-Seed · modeled $871K · 2022-09-222022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$318K/yr
Capital velocity
6.2 yr
On record since
2020
First round
4
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) 0.3× of median
This company$758K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.8× of median
This company$223K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$871K
Sector median$2.5M

Raised more than 29% of sector peers (real $). Modeled value above 29% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #34 of 80.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)CMC Metals Ltd. · Pre-Seed Raised $815K · modeled $3.7M (est)Blueprint Mining I LLC · Pre-Seed Raised $830K · modeled $3.6M (est)US Critical Metals Corp. · Pre-Seed Raised $819K · modeled $3.6M (est)Infinitum Copper Corp. · Pre-Seed Raised $803K · modeled $3.3M (est)Advanced Gold Exploration Inc. · Pre-Seed Raised $999K · modeled $3.1M (est)Power Metal Resources PLC · Pre-Seed Raised $793K · modeled $2.6M (est)American Metal LLC · Pre-Seed Raised $850K · modeled $2.4M (est)Double Gold Holdings, Inc. · Pre-Seed Raised $900K · modeled $2.4M (est)Silver Bay Seafoods-California, LLC · Pre-Seed Raised $630K · modeled $2.4M (est)Radisson Mining Resources Inc. · Pre-Seed Raised $976K · modeled $2.3M (est)Majuba Hill Copper Corp. · Pre-Seed Raised $622K · modeled $2.0M (est)Bald Eagle Gold Corp. · Pre-Seed Raised $662K · modeled $1.9M (est)Trillium Gold Mines Inc. (this company) Raised $758K · modeled $871K (est)Trillium Gold Mines Inc.
CompanyStageRaised · realValue · estvs peer med.
CMC Metals Ltd.Pre-Seed$815K$3.7M5.19×
Blueprint Mining I LLCPre-Seed$830K$3.6M5.05×
US Critical Metals Corp.Pre-Seed$819K$3.6M5.05×
Infinitum Copper Corp.Pre-Seed$803K$3.3M4.64×
Advanced Gold Exploration Inc.Pre-Seed$999K$3.1M4.34×
Power Metal Resources PLCPre-Seed$793K$2.6M3.75×
American Metal LLCPre-Seed$850K$2.4M3.45×
Double Gold Holdings, Inc.Pre-Seed$900K$2.4M3.36×
Silver Bay Seafoods-California, LLCPre-Seed$630K$2.4M3.34×
Radisson Mining Resources Inc.Pre-Seed$976K$2.3M3.28×
Majuba Hill Copper Corp.Pre-Seed$622K$2.0M2.88×
Bald Eagle Gold Corp.Pre-Seed$662K$1.9M2.75×
Trillium Gold Mines Inc. this companyPre-Seed$758K$871K1.23×
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$214K2020-05-05$1.2M$1.4M90%
Pre-Seed$113K2020-10-02$627K$708K90%
Pre-Seed$209K2022-03-02$1.2M$936K90%
Pre-Seed$223K2022-09-22$1.2M$871K90%
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$214K2020-05-05
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$113K2020-10-02
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$209K2022-03-02
    • Raised again after 17 mo — slower than the ~11 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Pre-Seed$223K2022-09-22
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~10mo cadence
$237K
Modeled next size est.range $223K$379K
1.1×
Last step-up
$318K/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
DENISE LOK7 other2020-05
David Velisek4 other2020-05
Queenie Kuang3 other2020-05
Robert Schafer3 other2020-10
Krisztian Toth2 other2020-10
Luke Norman1 other2022-09
Robert Kang1 other2020-05
Russell Starr1 other2020-10
Bill Paterson2020-10
Donna Yoshimatsu2022-09
Ian MacNeily2022-03
James Lenec2020-05
Registry & provenance

Trillium Gold Mines Inc. 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
1803801
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
Pasofino Gold LtdMining & ResourcesPre-Seed$880K$1.1Mnetwork1 shared operator · same sector · same stage
United Lithium Corp.Mining & ResourcesPre-Seed$911K$361Knetwork1 shared operator · same sector · same stage
Fitzroy Minerals Inc.Mining & ResourcesPre-Seed$2.8M$772Knetwork1 shared operator · same sector · same stage
Lifestyle Delivery Systems IncSoftware / TechPre-Seed$1.6M$16.9Mnetwork2 shared operators · same stage
Volcanic Gold Mines Inc.Mining & ResourcesPre-Seed$155K$963Knetwork1 shared operator · same sector · same stage
Mexican Gold Corp.Mining & ResourcesPre-Seed$764K$601Ksame sector · same stage
Rackla Metals Inc.Mining & ResourcesPre-Seed$746K$683Ksame sector · same stage
Forum Energy Metals CorpMining & ResourcesPre-Seed$742K$1.0Msame 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
TriStar Gold Inc.Mining & ResourcesSeed$4.1M88%
Trigon Metals Inc.Mining & ResourcesPre-Seed$1.1M88%
Trifecta Gold LtdMining & ResourcesPre-Seed$740K87%
Tincorp Metals Inc.Mining & ResourcesPre-Seed$1.0M85%
Gemdale Gold, IncMining & ResourcesPre-Seed$496K84%
Treasury Metals IncMining & ResourcesPre-Seed$705K83%
Trilogy Metals Inc.Mining & ResourcesSeries A$10.6M83%
Pure Gold Mining Inc.Mining & ResourcesSeries A$19.3M83%
Frequently asked
How much funding has Trillium Gold Mines Inc. raised?
Trillium Gold Mines Inc. has raised approximately $758K in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Trillium Gold Mines Inc.'s estimated valuation?
Provath's modeled valuation for Trillium Gold Mines Inc. is approximately $871K (modeled range $141K–$5.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Trillium Gold Mines Inc. at?
Trillium Gold Mines Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Sep 22.
What does Trillium Gold Mines Inc. do and where is it based?
Trillium Gold Mines Inc. operates in the Mining & Resources sector, based in VANCOUVER.
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