Diligence memo · auto-generated · as of July 2, 2026

Westhaven Gold Corp.

Westhaven Gold Corp. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Westhaven Gold Corp. operates in Mining & Resources, based in VANCOUVER.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Westhaven Gold Corp. has raised $2.4M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.2M on 2019-10-04.

Most recent recorded round closed around 2024-10-17.

Valuation (modeled)modeled

Provath models Westhaven Gold Corp. at approximately $708K (range $237K–$1.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.20× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 60 months.

Last raise 20 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round was 7.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 54% of Mining & Resources peers (701 compared).

Modeled value ranks above 24% of those peers.

Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.

Peoplefiled

10 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.