Companies · Mining & Resources

Western Uranium & Vanadium Corp.

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

Diligence memoA one-page analyst read on Western Uranium & Vanadium Corp. — recommendation, valuation, rhythm, risks.
$20.5M
Total raised · real
19
Rounds
1.6×
Latest step-up
Top 11%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jun 13 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Western Uranium & Vanadium Corp. looks under-valued against its niche peers and is active 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 0.24× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
Active
  • Last raise 13 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Western Uranium & Vanadium Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.6 yr record
Peak capital year was 2022 with $6.4M across 2 filings.
Market position
ahead of 90% of Mining & Resources peers
Capital scale is ahead of 90% of Mining & Resources peers; modeled value is above 55% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $6.4M across 2 filings.
  • Largest single filing was $4.0M on 2021-02-16.
  • Filing rows sum to $25.7M, while canonical raised total is $20.5M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Western Uranium & Vanadium Corp. is one of 701 Mining & Resources companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 90% 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
3
Investors (latest)
2025-06-13
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$13M$25M$38M$50MPre-Seed · 2014-11-20 Raised $250K (real) Modeled valuation $1.7M (est)Pre-Seed2014Seed · 2015-02-04 Raised $1.4M (real) Modeled valuation $7.6M (est)Seed · 2016-01-05 Raised $105K (real) Modeled valuation $566K (est)Seed2016Seed · 2016-05-05 Raised $190K (real) Modeled valuation $1.0M (est)Seed · 2016-08-19 Raised $1.4M (real) Modeled valuation $7.6M (est)Seed2016Seed · 2016-12-28 Raised $232K (real) Modeled valuation $1.2M (est)Seed · 2017-03-31 Raised $833K (real) Modeled valuation $4.5M (est)Seed2017Pre-Seed · 2017-09-13 Raised $395K (real) Modeled valuation $2.6M (est)Seed · 2017-09-13 Raised $376K (real) Modeled valuation $2.0M (est)Seed2017Seed · 2017-12-29 Raised $306K (real) Modeled valuation $1.6M (est)Seed · 2018-05-04 Raised $513K (real) Modeled valuation $2.8M (est)Seed2018Seed · 2018-07-27 Raised $1.3M (real) Modeled valuation $7.1M (est)Seed · 2018-08-07 Raised $996K (real) Modeled valuation $5.3M (est)Seed2018Seed · 2019-04-16 Raised $2.9M (real) Modeled valuation $15M (est)Seed · 2019-06-17 Raised $141K (real) Modeled valuation $755K (est)Seed2019Series A · 2021-02-16 Raised $4.0M (real) Modeled valuation $17M (est)Seed · 2021-02-16 Raised $1.6M (real) Modeled valuation $7.9M (est)Seed2021Series A · 2021-12-13 Raised $467K (real) Modeled valuation $1.8M (est)Seed · 2022-01-19 Raised $3.2M (real) Modeled valuation $13M (est)Seed2022Series A · 2022-01-19 Raised $3.2M (real) Modeled valuation $12M (est)Series A · 2024-11-15 Raised $690K (real) Modeled valuation $1.9M (est)Series A2024Series A · 2025-06-13 Raised $1.1M (real) Modeled valuation $3.0M (est)Cumulative $26M

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$250K · 2014
Seed$1.4M · 2015
Seed extension$105K · 2016
Seed extension$190K · 2016
Seed extension$1.4M · 2016
Seed extension$232K · 2016
Seed extension$833K · 2017
Bridge · Seed-stage$395K · 2017smaller follow-on
Seed extension$376K · 2017
Seed extension$306K · 2017
Seed extension$513K · 2018
Seed extension$1.3M · 2018
Seed extension$996K · 2018
Seed extension$2.9M · 2019
Seed extension$141K · 2019
Series A$4.0M · 2021
Bridge · Series A-stage$1.6M · 2021smaller follow-on
Series A extension$467K · 2021
Bridge · Series A-stage$3.2M · 2022smaller follow-on
Series A extension$3.2M · 2022
Series A extension$690K · 2024
Series A extension$1.1M · 2025

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

Modeled valuation trajectory
$3.0M
Base estimate est.
$1.5M
Conservative case
$5.1M
Upside case
$5.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.7M · 2014-11-202014Seed · modeled $7.6M · 2015-02-04Seed · modeled $566K · 2016-01-05Seed · modeled $1.0M · 2016-05-05Seed · modeled $7.6M · 2016-08-19Seed · modeled $1.2M · 2016-12-28Seed · modeled $4.5M · 2017-03-31Pre-Seed · modeled $2.6M · 2017-09-13Seed · modeled $2.0M · 2017-09-13Seed · modeled $1.6M · 2017-12-29Seed · modeled $2.8M · 2018-05-04Seed · modeled $7.1M · 2018-07-27Seed · modeled $5.3M · 2018-08-07Seed · modeled $15.4M · 2019-04-16Seed · modeled $755K · 2019-06-17Series A · modeled $16.5M · 2021-02-16Seed · modeled $7.9M · 2021-02-16Series A · modeled $1.8M · 2021-12-13Seed · modeled $13.1M · 2022-01-19Series A · modeled $11.9M · 2022-01-19Series A · modeled $1.9M · 2024-11-15Series A · modeled $3.0M · 2025-06-132025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
1.1 yr
Elapsed time used
1.1 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$1.9M/yr
Capital velocity
11.6 yr
On record since
2014
First round
22
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) 8.9× above median
This company$20.5M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.1M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$3.0M
Sector median$2.5M

Raised more than 90% of sector peers (real $). Modeled value above 55% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #33 of 40.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Fortitude Gold Corp · Series A Raised $12.5M · modeled $29.6M (est)San Cristobal Mining Inc. · Series A Raised $17.2M · modeled $28.8M (est)Torngat Metals Ltd · Series A Raised $21.9M · modeled $27.1M (est)Rua Gold Inc. · Series A Raised $16.4M · modeled $25.0M (est)Red Metals, Inc. · Series A Raised $9.6M · modeled $23.7M (est)West Point Gold Corp. · Series A Raised $9.2M · modeled $21.3M (est)McFarlane Lake Mining Ltd · Series A Raised $7.9M · modeled $19.2M (est)Evolution Metals LLC · Series A Raised $7.2M · modeled $19.0M (est)Silverco Mining Ltd. · Series A Raised $7.7M · modeled $19.0M (est)Miedzi Copper Corp. · Series A Raised $10.7M · modeled $19.0M (est)Rise Gold Corp. · Series A Raised $20.9M · modeled $17.0M (est)TDG Gold Corp. · Series A Raised $6.6M · modeled $16.4M (est)Western Uranium & Vanadium Corp. (this company) Raised $20.5M · modeled $3.0M (est)Western Uranium & Vanadium Corp.
CompanyStageRaised · realValue · estvs peer med.
Fortitude Gold CorpSeries A$12.5M$29.6M2.41×
San Cristobal Mining Inc.Series A$17.2M$28.8M2.34×
Torngat Metals LtdSeries A$21.9M$27.1M2.20×
Rua Gold Inc.Series A$16.4M$25.0M2.03×
Red Metals, Inc.Series A$9.6M$23.7M1.93×
West Point Gold Corp.Series A$9.2M$21.3M1.73×
McFarlane Lake Mining LtdSeries A$7.9M$19.2M1.56×
Evolution Metals LLCSeries A$7.2M$19.0M1.54×
Silverco Mining Ltd.Series A$7.7M$19.0M1.54×
Miedzi Copper Corp.Series A$10.7M$19.0M1.54×
Rise Gold Corp.Series A$20.9M$17.0M1.38×
TDG Gold Corp.Series A$6.6M$16.4M1.33×
Western Uranium & Vanadium Corp. this companySeries A$20.5M$3.0M0.24×
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$250K2014-11-20$1.4M$1.7M85%
Seed$1.4M2015-02-04$7.1M$7.6M85%
Seed$105K2016-01-05$527K$566K85%
Seed$190K2016-05-05$952K$1.0M85%
Seed$1.4M2016-08-19$7.1M$7.6M85%
Seed$232K2016-12-28$1.2M$1.2M90%
Seed$833K2017-03-31$4.2M$4.5M90%
Pre-Seed$395K2017-09-13$2.2M$2.6M90%
Seed$376K2017-09-13$1.9M$2.0M90%
Seed$306K2017-12-29$1.5M$1.6M90%
Seed$513K2018-05-04$2.6M$2.8M90%
Seed$1.3M2018-07-27$6.6M$7.1M90%
Seed$996K2018-08-07$5.0M$5.3M90%
Seed$2.9M2019-04-16$14.4M$15.4M90%
Seed$141K2019-06-17$703K$755K90%
Series A$4.0M2021-02-16$18.3M$16.5M90%
Seed$1.6M2021-02-16$8.2M$7.9M90%
Series A$467K2021-12-13$2.1M$1.8M90%
Seed$3.2M2022-01-19$16.0M$13.1M90%
Series A$3.2M2022-01-19$14.5M$11.9M90%
Series A$690K2024-11-15$3.1M$1.9M90%
Series A$1.1M2025-06-13$5.1M$3.0M90%
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$250K2014-11-20
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Seed$1.4M2015-02-04
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Seed$105K2016-01-05
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 13.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Seed$190K2016-05-05
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 7 investors on this round.
  5. Seed$1.4M2016-08-19
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 7.5× larger than the prior — scaling up.
    • 25 investors on this round.
  6. Seed$232K2016-12-28
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 6.1× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  7. Seed$833K2017-03-31
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 33 investors on this round.
  8. Pre-Seed$395K2017-09-13
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  9. Seed$376K2017-09-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  10. Seed$306K2017-12-29
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $0–$1M.
    • 8 investors on this round.
  11. Seed$513K2018-05-04
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 14 investors on this round.
  12. Seed$1.3M2018-07-27
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 32 investors on this round.
  13. Seed$996K2018-08-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  14. Seed$2.9M2019-04-16
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 37 investors on this round.
  15. Seed$141K2019-06-17
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 20.4× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  16. Series A$4.0M2021-02-16
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 28.7× larger than the prior — scaling up.
    • 51 investors on this round.
  17. Seed$1.6M2021-02-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  18. Series A$467K2021-12-13
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  19. Seed$3.2M2022-01-19
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 6.9× larger than the prior — scaling up.
    • 28 investors on this round.
  20. Series A$3.2M2022-01-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 28 investors on this round.
  21. Series A$690K2024-11-15
    • Raised again after 34 mo — slower than the ~11 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  22. Series A$1.1M2025-06-13
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~6mo cadence
$1.8M
Modeled next size est.range $1.2M$2.9M
1.6×
Last step-up
$1.9M/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
Robert Klein3 other2024-11
Bryan Murphy1 other2024-11
Catherine Beckett1 other2016-01
Andrew Steven Wilder2016-01
Andrew Wilder2024-11
Bryan Steven Murphy2018-05
Catherine Ann Beckett2014-11
Geoff Steven Kritzinger2014-11
George Edwin Lee Glasier2014-11
George Glasier2024-11
Michael Edwin Lee Skutezky2017-03
Michael Rhodes Skutezky2014-11
Michael Rutter2024-11
Robert Steven Klein2016-12
Russell Steven Fryer2014-11
Registry & provenance

Western Uranium & Vanadium 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
1621906
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
Japan Gold Corp.Mining & ResourcesSeries A$20.6M$2.6Msame sector · same stage
Applied Minerals, Inc.Mining & ResourcesSeries A$19.5M$4.0Msame sector · same stage
GoviEx Uranium Inc.Mining & ResourcesSeries A$18.9M$968Ksame sector · same stage
Desert Hawk Gold Corp.Mining & ResourcesSeries A$18.7M$440Ksame sector · same stage
Guanajuato Silver Co LtdMining & ResourcesSeries A$16.0M$3.1Msame sector · same stage
JDL Gold Corp.Mining & ResourcesSeries A$26.9M$1.2Msame sector · same stage
Excelsior Mining Corp.Mining & ResourcesSeries A$15.1M$677Ksame sector · same stage
Bravo Mining Corp.Mining & ResourcesSeries A$14.8M$4.5Msame 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
Uranium Energy CorpMining & ResourcesSeries B$407K89%
Basin Uranium Corp.Mining & ResourcesPre-Seed$382K86%
Uranium Royalty Corp.Mining & ResourcesSeries A$32.8M85%
Fission Uranium Corp.Mining & ResourcesSeries A$5.5M85%
Western Exploration Inc.Mining & ResourcesSeed$7.5M85%
Uranium Participation CorpMining & ResourcesPre-Seed$2.1M85%
Mega Uranium Ltd.Mining & ResourcesSeed$2.4M84%
International Consolidated Uranium Inc.Mining & ResourcesSeed$4.9M84%
Frequently asked
How much funding has Western Uranium & Vanadium Corp. raised?
Western Uranium & Vanadium Corp. has raised approximately $20.5M in disclosed capital across 19 recorded financing rounds, aggregated from public filings.
What is Western Uranium & Vanadium Corp.'s estimated valuation?
Provath's modeled valuation for Western Uranium & Vanadium Corp. is approximately $3.0M (modeled range $1.5M–$5.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Western Uranium & Vanadium Corp. at?
Western Uranium & Vanadium Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jun 13.
What does Western Uranium & Vanadium Corp. do and where is it based?
Western Uranium & Vanadium Corp. operates in the Mining & Resources sector, based in TORONTO.
Explore related

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

Is this your company?

If you work at Western Uranium & Vanadium Corp., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.